This is an indicator from a book "Street Smarts—High Probability Short Term Trading Strategies" by L. Raschke & L.Connors. I made it in histogram style for more comfortable reading chart: - green histogram is buy signal or buy opportunity; - red histogram is sell signal or sell opportunity; - gray histogram is forward moving from last signal. Enjoy it!
MultiTimeFrame Reverse Engineering RSI on chart
The McClellan Oscillator developed by Marian McClellan is a useful breadth indicator because it describes the acceleration that takes place in the breadth numbers. How to read McClellan Oscillator A positive or negative value gives a simplistic bullish or bearish statement about the short-term trend of the market Very low readings show oversold conditions ...
I made Meander Indicator with fibo. It also has MTF. I haven't made the actual strategy yet, but it reacts quite well to short term, hourly or more. Have a good day :)
Description of this indicator from its author: Average Sentiment Oscillator Momentum oscillator of averaged bull/bear percentages. We suggest using it as a relatively accurate way to gauge the sentiment of a given period of candles, as a trend filter or for entry/exit signals. It’s a combination of two algorithms, both essentially the same but applied in a...
Credit goes to cheatcountry for originally publishing this script. Source - Stocks & Commodities V38-7, "Truncated Indicators" by John Ehlers Click here I loved the original script and want to try using it as a filter for other, faster entry indicators. The only issue is it didn't work when using a timeframe higher than the chart. I'm happy to say this is no...
Source: Stocks and Commodities V38 Hooray! Another new John Ehlers indicator! John claims this indicator is lag-less and uses the SPY on the Daily as an example. This indicator is a slight modification of Reflex, which I have posted here I think it's better for Stocks and ETFs than Reflex since it factors in long trends. It tends to keep you in winning trades...
Source: Stocks and Commodities V38 Hooray! A new John Ehlers indicator! John claims this indicator is lag-less and uses the SPY on the Daily as an example. He states that drawing a line from peak to peak (or trough to trough) will correspond perfectly with the Asset. I have to say I agree! There is typically one bar of lag or no lag at all! I believe this...
I was looking for a DSMA and couldn't find one, so I created . This code is very simple and so I hope this is helpful to beginners to creating new code.
This a companion indicator for the Bitcoin Logarithmic Growth Curves indicator. This is an oscillator version of the above. When the indicator is at / near 1 then Bitcoin price is at / near the upper range of its long-term logarithmic growth trend. When at / near 0 then price is at / near the lower range of that trend. This indicator only works with the BLX...
Easy script for smooth RSI I use it mainly in my forex trading. can be on any other assets so buy at 35 , exit when go down 70 or strategy 50 cross up =buy 50 cross down=sell
Simple script that graphically represents the Bitcoin Wallet Transaction Volume . Blockchain data made available at QUANDL . Its logic is simple, search the data in the QUANDL database and plot it on the chart.
This is the ADX and DI+/- indicator applied to OBV! This really clearly shows up and down, but using VOLUME! Don't ignore it, there is too much information captured in the OBV. If you just love the ADX/DI format, it is included in a checkbox. Want some excellent background highlighting, turn in on in a checkbox. Shout out to some inspirations csw-dmi...
This script is part of the "TESLA" strategy and will help traders identifying overbought and oversold condition as well as other applications such as divergence. The features for this script are the following: - 1 RSI index in order to identify market buying/selling strength - 2x Stochastic in order to have fast and slow overbought and oversold zones.
Simple Stochastic with HXRO index calculated internaly, you can select BTC , ETH, BNB or CHART for classic usage The Upper & Lower band are also configurable
Simple RSI with HXRO index calculated internaly, you can select BTC, ETH, BNB or CHART for classic usage The Upper & Lower band are also configurable
A handy all-in-one package for DMI and ADX Color-coordinated line for DMI with an EMA and histogram to gauge momentum, mark potential reversals, and quickly gather all the information you need to make your decisions. Quick take-aways: - Color of the ADX line indicates the current trend - An ADX below the EMA indicates a potentially falling/reversing trend -...
This is a modified version of @SeaSide420 TSI CCI Hull with profits exit on long and short order with alert as well original script : the strategy script: /// feel free to edit/improve and comment