This is my attempt at remaking the cowen risk index. It's definitely not correct, but should give a rough estimate of where his indicator is at. I am taking the price divided by the 400sma to get an oscillator, then we need to account for diminishing returns so I just made an exponentially increasing variable and mutliplying that by the oscillator value. Then I...
This script plots the ratio between a ticker and the selected index. Currently, I have US equities indexes listed + BTC. It's a great way to check for relative strength, determine if absolute highs relative to the ratio are being made, etc. Additionally, optional comparison of the RSI is included. I was just testing something out but figured I'd leave in here...
Daily AP index back to 2015-01-01. Geomagnetic disturbances can be monitored by ground-based magnetic observatories recording the three magnetic field components. The global Kp index is obtained as the mean value of the disturbance levels in the two horizontal field components, observed at 13 selected, subauroral stations . The name Kp originates from...
The Relative Vigor Index was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pg 58) and this is a momentum indicator that is similar to the Accumulation Distribution Oscillator created by Jim Waters and Larry Williams. He uses digital signal processing to smooth the indicator to provide clear buy and sell signals. The idea behind this indicator...
Draws an Equally Weighted Index of 25 securities. The inputs are pre-populated with the Top 25 cryptocurrencies by market cap at the time of publishing the script, but any 25 securities can be used. Double click on this indicator's pane to view in full screen. Note: Candle open is always equal to previous candle's close. I did this to avoid problems where...
This is the indicator version of a simple, yet very efficient crypto strategy, adapted to 4h time frame, on big coins like ETH and BTC . However it can be adapted to other markets, timeframes etc For this strategy I use a combination of a trend line , an oscillator, price action and volume . This study has alert for both long and short entries/exit. The rules...
Similarity Search, Karobein oscillator (KO) and Seasonal Random Index (SRI) Description: This indicator uses dynamic capabilities of Pinescript version 4 coupled with Seasonal Random Index (SRI) and Karobein Oscillator (KO). SRI (green/red areas) is employed to detect trends and KO (black curce) is used to find historical similarities to predict the next bar's...
User request. A tuned version of the built-in True Strength Index (TSI) indicator with the following options included: TSI - Signal Histogram TSI/Signal Crossovers TSI/Signal Ribbon Bands breakouts highlighting Zero line crossovers background
This is just a simple tool for convenient to compare and showing a clear image of all sector and index in Malaysia. They are just in one indicator. From this indicator, you can predict momentum of each sector in Malaysia, which is currently in bull or bear trend. STRUCTURE In the setting, the first line with the option of the following index (Malaysia...
RSI Plus: ☑️ Show the divergences. ☑️ Shows the approximate price of an RSI level (by default it is level 55 but it can be changed for any other level). ☑️ Shows the bulls and bears zones, in green when crossing level 50 up and red when crossing down. ☑️ Circle the highest and lowest levels as possible purchases and sales. ☑️ Includes a smoothed RSI. RSI ...
This indicator is build keeping in mind how the Indian Market is formed - the free-float market capitalization concept 1) Considered new FINNIFTY - Nifty Financial Service index stocks according to NSE 2) Multiplied each stock Volume by its Weightage given in NSE Site every month End - means giving importance to volume by its weightage 3) Green Candle -...
Bitfinex:BTCUSD premium/discount compared to market average spot exchanges. Smoothed option available.
Crypto ADX + DMI This indicator is a customised version of the ADX + DMI by J. Welles Wilder in 1978, with default settings optimal for cryptocurrencies. What is the DMI (ADX) Indicator? According to Investopedia: DMI (ADX) consists of three indicators that measure a trend’s strength and direction. Three lines compose the Direction Movement Index (DMI): ADX...
PowerPool provides a DeFi index that has too many components to be used as a chart ticker. So here is an indicator to bypass the ticker limit. From the PowerPool docs : app.powerpool.finance The chart shows it in comparison to other DeFi indexes, quite a difference as you can see!
TokenSets and DeFi Pulse provide a DeFi index that has too many components to be used as a chart ticker. So here is an indicator to bypass the ticker limit. From the TokenSets docs : www.tokensets.com The chart shows it in comparison to other DeFi indexes, quite a difference as you can see!
It came to my attention that one very common implementation of SMI was incorrect; rather than subtracting the first hour delta and adding the last hour delta it subtracts the whole day delta and adds the last 30m delta. While this indicator might have had some use, it is not what I understand to be the actual Smart Money Index and so I post this as a correction...
Inspired by the user scarf from Tradingview. In contrast with that other indicator, this one instead of a simple moving average (SMA) for the ADX calculations, uses a running moving average (RMA) or also known as Wilder's Average. I like having a histogram for the DI lines over just having lines alone because it makes it easier to see. In addition I made it so...
Choppiness Index and RSI by ceyhun This indicator is based on the inverse relationship between CHOP and RSI. Bar color If the RSI is greater than CHOP, the Bar color will be blue. If CHOP is greater than RSI, the bar color will be red. CHOP If CHOP is less than 38.2, the color will turn blue. positive If the CHOP is between 38.2 and 61.8, the color will be...