This is a powerful tool if combined with other parameters. It's an advanced version of an RSI .
It shows OB and OS conditions and price direction or shift of the trend.
This indicator can be used in various ways with all markets.
The current settings are designed to work with futures market.
Combined with our TSI and Price action, RSI OBLIVION is the most...
This is an OnChart WaveTrend Divergence Indicator with Pivots and Alerts
LazyBears WaveTrend Indicator or also known as "Market Cipher" is an Indicator that is based on Moving Averages, therefore its an "lagging indicator". Lagging indicators are best used in combination with leading indicators. In this script the "leading indicator" component are Daily, Weekly...
Hello traders!
As you know, MACD is one of the oldest and the most popular indicators for trading. It seems to be a «Hello world indicator» of most technical analysis beginners. It’s easy to interpret and rather useful for many styles of trading. There are many arguments about its accuracy but in my opinion, this indicator can show very good results. However, you...
This table is intended to give you snapshot of how price and oscillators are moving along with zigzag pivots.
This is done in the same lines of Zigzag-Trend-Divergence-Detector
But, here are the differences
Table shows multiple oscillator movements at a same time instead of one selected oscillator
Divergence is not calculated and also supertrend based...
Greetings colleagues
Today I share an indicator that I had been thinking about for a long time. Its a easy idea but not easy to exploit"
The signals are generated the same as a MACD but the signal lengths are different.
In its standard form, the average signal of all signals is shown.
It has been designed for all those who use moving stockings in a conventional...
Divergence is generally measured on the RSI and limited to finding either:
1. higher highs on the price and lower highs on the RSI (bearish divergence)
2. lower lows on the price and higher lows on the RSI (bullish divergence)
Continuous Divergence (CD) does two things differently. Firstly, it uses the MFI as its primary source of data, due to its volume...
Pullbacks are always hardest part of the trade and when it happen, we struggle to make decision on whether to continue the trade and wait for recovery or cut losses. Similarly, when an instrument is trending well, it is often difficult decision to make if we want to take some profit off the table. This indicator is aimed to make these decisions easier by providing...
MACD Divergence + Multi Time Frame EMA
This Strategy uses 3 indicators: the Macd and two emas in different time frames
The configuration of the strategy is:
Macd standar configuration (12, 26, 9) in 1H resolution
10 periods ema, in 1H resolution
5 periods ema, in 15 minutes resolution
We use the two emas to filter for long and short positions.
If 15 minutes ema...
Enhanced the original OBV (On Balance Volume) indicator:
- Draw max lines of OBV in the last 30 candles so that we can notice the trend, as well as divergences easier.
- If you use fiat as base currency (USDT in cryptocurrency for example), we can display the OBV in fiat, so that we can compare total trading volume across a list of symbols to find healthy symbols...
This is On-Balance Volume recalculated to be an Oscillator, a Divergence hunter was added, also Pivot Points and Alerts.
On-Balance Volume, or OBV is considered a "leading indicator" - in contrast to a "lagging indicator" just as Moving Averages it does not show a confirmation what already happened, but it shows what can happen in the future. For example: The...
A remix of the built-in Divergence Indicator that uses a Klinger Volume Oscillator instead of RSI to help spot divergent patterns in volume activity in relation to price.
Additions:
Basic color coding:
Positive volume (above center line) == buying
- Negative volume (below center line) == selling
Alerts for Bullish, Hidden Bullish, Bearish, and...
I'm guessing most of you are familir with LazyBear's adaptation of the Wavetrend Oscillator; it's one of the most popular indicators on TradingView. I know others have done adaptations of it, but I thought I might as well, because that's kind of a thing I like doing.
In this version I've added a second Wavetrend plot. This is a thing I like to do. The longer...
Volume indicator adjusted according to price movement.
It is used to confirm entry into trades , Each candle represents a measure of the strength of the change in volume with the price calculated by more than one mathematical equation.
the best way to use :
Divergence, either positive or negative
It is used with Crypto currencies and stocks, not suitable for...
This indicator simply identifies if the markets are in an up or down trend. You should always use it in combination with other indicators, just as Wavetrends.
This indicator is mostly known because of Market Cipher. The script that was published under the name Wolfpack Id is for some reason closed source, but as it turns out there is of course no secret sauce...
So, what is the KDJ indicator? If you're familiar with the Stochastic, then you'll know that the two oscillating lines are called the 'K' and 'D' lines. Now you know that this is some sort of implementation of the Stochastic. But, then, what is the J? The 'J' is simply the measure of convergence/divergence of the 'K' and 'D' lines, and the 'J' crossing the 'K' and...
How to calculate:
Positive mismatch finds the lowest trough within the distance you choose. It then compares it to the current closing value.
If the past low is above the current closing level, it means that the bottoms of the price are descending.
The RSI level at the furthest bottom of the price is detected. And the current RSI level is detected. If the current...
![NQ1!: True Strength Index Histogram [Futures Market]](https://s3.tradingview.com/t/tXPWZciT_mid.png "True Strength Index Histogram [Futures Market]")
![BOMDYEING: Moving Average Oscillator by [DM]](https://s3.tradingview.com/l/lCTHP4tR_mid.png "Moving Average Oscillator by [DM]")
