This is an RSI Variation with six different averaging methods to choose from.
The averaging methods I've included in this script are:
- Exponential Moving Average
- Simple Moving Average
- Smoothed Moving Average
- Weighted Moving Average
- Volume Weighted Moving Average
- Arnaud Legoux Moving Average
Each method produces a different, yet significant gauge of...
This is an experimental study inspired by the volume weighted moving average convergence divergence (VWMACD) concept.
In this formula, divergences between two volume weighted moving averages and two simple moving averages over their respective lookback periods are calculated.
The difference between the divergences is calculated, then the difference between the...
A simple script to count the number of up days, or intraday bars, (Green Bars) for a given Look Back period.
Inputs are: Look Back Period and Increment.
Use 0 for the Increment to count only the up days, or bars.
Use -1 to include the down days, or bars, in the sum.
This is an experimental study designed to track the average magnitude of price movements.
First the range between high and low, and the range between open and close are calculated.
Then a positive and negative root mean square is taken of both ranges, and the results are smoothed with an exponential moving average.
And lastly, the median value between the ranges...
AWESOME OSCILLATOR V2 by KIVANC @fr3762
CONVERTING THE OSCILLATOR to a curved line and added a 7 period SMA as a signal line,
crosses are BUY or SELL signals like in MACD
Buy: when AO line crosses above signal line
Sell: when Signal line crosses above AO line
This study is an experimental variation of Peter Martin's Ulcer Index built using the framework of my Dual Ulcer Index indicator.
In this version, the difference between the long and short UI is calculated.
This index is a measure of volatility and momentum that can be used to locate low risk trading opportunities.
Works best as an intraday indicator
Background black & line green = Long VIX
Background black & red line = No trade
Background orange & line green = Consider selling
Background orange & line red = Short VIX
This is the second part of TFS trading strategy. The concept of this
indicator is similar to that of On-Balance Volume indicator (OBV). It
is calculated according to these rules:
If Close > Open, Volume is positive
If Close < Open, Volume is negative
If Close = Open, Volume is neutral
Then you take the 7-day MA of the results.
WARNING:
- This script...
This is an experimental study designed to visualize momentum and average range by expressing divergences between price and a McGinley Dynamic as a percentage.
Multiple timeframe rsi's shows long term trend's and ideal points for entry on pull backs, also show long term exhaustion when the longer time frame rsi enters over bought/sold areas.
![EURUSD: Ultra RSI [DW]](https://s3.tradingview.com/a/AY5p5dgJ_mid.png "Ultra RSI [DW]")
![BTCUSD: Volume Weighted Average Divergence [DW]](https://s3.tradingview.com/m/mF5wCX5z_mid.png "Volume Weighted Average Divergence [DW]")
![BTCUSD: Shift RMS [DW]](https://s3.tradingview.com/f/FGuLBKtD_mid.png "Shift RMS [DW]")
![DASHBTC: Chaikin Oscillator w/ crossovers [seiglerj]](https://s3.tradingview.com/n/NpZ4w0W6_mid.png "Chaikin Oscillator w/ crossovers [seiglerj]")
![DGBBTC: Chaikin Oscillator w/ crossover arrows [seiglerj]](https://s3.tradingview.com/x/x6Idl2Y3_mid.png "Chaikin Oscillator w/ crossover arrows [seiglerj]")
![BTCUSD: Dual Ulcer Divergence Index [DW]](https://s3.tradingview.com/3/3leLeyxL_mid.png "Dual Ulcer Divergence Index [DW]")
![BTCUSD: MgGinley Dynamic Divergence [DW]](https://s3.tradingview.com/p/PU5w7zfn_mid.png "MgGinley Dynamic Divergence [DW]")
![BTCUSD: [RS]Multiple Time Frame Relative Strength Index](https://s3.tradingview.com/v/VaVdV9e4_mid.png "[RS]Multiple Time Frame Relative Strength Index")
