Divergent Strength is showing the amount of momentum behind the Divergent Channel movement.
Movement higher means the market is becoming more Bullish. Movement lower means the market is becoming more Bearish.
Is good for finding divergence when used in conjunction with the Divergent Channel indicator color changes.
Divergent Channel shows the changing market conditions based on slope, volatility, and trend.
Widens when trend is strengthening, tightens when market is consolidating, green for bullish movement and red for bearish movement.
Used in conjunction with the Divergent Strength indicator it becomes an effective tool for spotting (at a glance) accurate divergence.
Hi!
Lately I had quite a few requests for an RSI divergence development, so I decided to make a publish version of such indicator. This is how it works:
It searches for peaks on the RSI indicator (not on the price!):
when the RSI values greater than two values before and after that value it's a peak
when the RSI values lesser than two values before and...
NOTE: Only Works on BTC.
All testing was done on 1hr Timeframe
This is a experimental indicator - use at your own risk.
DepthHouse BTC Momentum Oscillator is an advanced tool to help determine Bitcoin Market Momentum.
---BTC MO SIgnals---
Signal Line: Generally, if the Signal Line is greater than 0, then there is more bullish momentum in the...
(not sure why the text in the image above is messed up; it looked good before publishing. The oscillators above are (from top to bottom) StochOBV, OBVOSC (LazyBear), OBV)
Applies the Stochastic Oscillator to OBV the same way StochRSI applies the Stochastic Oscillator to RSI.
Features:
- Bounded between 0 and 100, so it may be used for overbought/oversold...
Must be Run on 15 Minute Chart.
Provides trade signals based on Divergences & Crossovers when they converge across multiple time periods (15M + 30M + 1HR + 4HR).
Signals have been back-tested.
Works with Forex & Crypto Coins.
GENERAL WARNING (which applies to any indicator or trading strategy):
Beware trading with coins that have a comparatively low trading...
MACD Percentage Price Oscillator is a variation of the MACD indicator. Signal line crossovers are almost identical. The major difference is the MACD Percentage scale which enables comparison between stocks at different prices.
MACD Percentage Price Oscillator's trading signals are the same as for the MACD indicator. The MACD indicator is primarily used to trade...
INDICATOR MACD DIVERGENCE (PUBLIC)
Works well with Forex & Crypto.
If you make money off it feel free to send some crumbs to me ;-)
eth address: 0x4F9fC3Eb5B938CF938Ce51A3e46A6b7ADFF55898
btc address: 1EADTquXJ4zgQDohoHgWRs942iPfPk6aEx
This is a momentum, trend, as well as a divergence indicator.
It is similar to CCI, though it is based on a slow and fast EMA in connection to ATR, which
allows to interprete it easily.
Both EMAs and ATR have customisable period.
Further explanation and basic usage can be found in the comment section inside the script.
This is a quick script that combines two standard indicators, the Awesome Oscillator and MACD histogram, to highlight the beginnings of periods of fast price movement (divergence between the two). Since MACD's EMA responds more quickly than AO's SMA, look for periods of green over gold as a bullish signal, and red under blue as a bearish signal.
Of course both...
Trend Analysis and Divergence Filter
This tool helps you to read trend strength and spot divergences, to be ready for a reversal.
All the tool is based on a colorcode:
- bright colors = impulse bars.
- hard colors = consolidation / continuation bars.
- light colors = weakness bars.
=> You can choose to use barcolor, or not, and simply use the indicator....
◊ Introduction
I started using this script because of its fast reaction, and good tell for buy/sell moments on a short timescale.
For larger timescales, the overall trend should be taken into account regarding the levels.
In the future i will update this indicator, to automatically adjust those.
◊ Origin
The Relative Momentum Index was developed by Roger...
This is basically the same code as my other PPO Divergence indicator expect it overlays the signal on the candles, rather than needing the oscillator. I'm keeping the old version, as I'm sure people will prefer it, but this version takes up less screen real estate.
![BTCUSD: DepthHouse BTC Momentum Oscillator [BTC MO]](https://s3.tradingview.com/i/IFn2akl4_mid.png "DepthHouse BTC Momentum Oscillator [BTC MO]")
