The system uses 1 hour and 15 min timeframe data. Signals coming from 15 min Inverse Fisher Transform of SMI and stochastic RSI are confirmed by 1 hour Inverse Fisher Transform SMI, according to the following rules:
long cond.: 15 min IFTSMI crosses ABOVE -0.5 or SRSI k-line crosses ABOVE 50 while 1-hour IFTSMI is already ABOVE -0.5
short cond.:15 min IFTSMI...
This Indicator is used to smooth the movement of scripts with SMMA and SEMA .
Inspired by Chris Moody RSI-EMA .
This indicator help to avoid any kind of small correction in trending direction and it filter small kind of correction.
Small correction like 2-15 irregular corrective candles is filtered with the help of smooth moving average and Arnaud Legoux Moving...
Divergence screener for OBV RSI
Regular Bullish: "D" navy label
Hidden Bullish: "H" navy label
Regular Bearish: "D" red label
Hidden Bearish: "H" red label
This is a compact & simple study that tracks the short-term average price change and the (average) volume associated with it, to generate a very clear signal when a change of buying/selling flow is detected. these buy/sell cycles can happen within a longer "demand / trend-up" or "supply / trend down" phases as we know.
this concept is a bit different from MFI or...
***Use at your own risk***
***This is for testing and education only***
I suggest that you also manually add the RSI(5,3,3) on your main chart for analysis.
You can change the settings, but these are the defaults:
Default Main Timeframe = Daily
Default Secondary TimeFrame = Weekly (use around 5X your main timeframe, to check the longer term trend)
Default...
This is an upgraded version of my MACD_trendtrader indicator.
UPGRADES:
- Histogram slope changes colors according to the direction of the slope.
- Panel that displays volatility of the asset. The volatility is measured from 0 to 100. Zero being the lowest and 100 the highest volatility. I also included different text colors for a certain volatility value (white=...
Modification to Elder's Force Index (EFI)
Ability to change calculation from standard EMA to your choice of SMA, EMA, WMA, or HMA. Very interesting results!
Adjust lookback from standard/suggested 13 candlesticks
Added a color indication to positive or negative force reading
Added background color tint for an easier read on dashboard setups
Suggested...
Calculates the difference between net of noncommercials and net of commercials.
Difference = (net of noncommercials) - (net of commercials).
The extreme reading in one end or another may indicate the possible change of trend.
Based on Tradingview COT sample script and Babypips formula.
Works on daily timeframe.
This is the Great stochastic rsi that color the candles on green when the K% is above the the D% and red when the K% is below the D%.
Stochastic rsi is a momentum indicator and it should be used to indicate the direction of the market.
It can be used as confirmation of a buy signal when the market is showing higher high and higher lows and after a red colored...
The base of this script is the Price Action Trading System from JustUncle .
I have first combined it with script ADX and DI by BeikabuOyaji to indicate when the +DI is above the -DI and the ADX is above 20. This is represented by crosses at the top of the page: green indicating that the +DI is above the -DI and ADX above 20, and red if -DI is above the +DI...
The Zero Mean Roofing Filter was created by John Ehlers (Cycle Analytics For Traders pg 80) and this is a much more reactive roofing filter compared to Ehler's Roofing Filter which I also added for reference. Buy when the indicator rises over 0 and sell when the indicator falls below 0.
This was a special request so let me know if there are other indicators you...
With this indicator, we seek to find convergence of RSI, Stoch and DMI for purchases or sales.
Search Buy when,
-Rsi over sold
-Stoch over sold
-DMI Over sold
Search Sell when,
-Rsi oon purchased
-Stoch on purchased
-DMI on purchased
Suggested values
Rsi: 4
Stoch: 5.1.1
DMI: 10.3
Suggested time, 5M 15M
The Roofing Filter was created by John Ehlers (Cycle Analytics For Traders pgs 81-82) and this can be interpreted in a few ways. When the indicator crosses over its signal then it is a short term uptrend and when it crosses below its signal then it is a short term downtrend. It is also in a major uptrend or downtrend when it is above 0 and below 0 respectively....
![NAS100USD: [RS]Detrended Percent Price Over Average on Range](https://s3.tradingview.com/u/UURcjoLJ_mid.png "[RS]Detrended Percent Price Over Average on Range")
![EURUSD: Divergence RSI [mado]](https://s3.tradingview.com/5/5fFcLNgg_mid.png "Divergence RSI [mado]")
![SPX500USD: [RS]Donchian HL Width - Cycle Information](https://s3.tradingview.com/h/HfIZHwba_mid.png "[RS]Donchian HL Width - Cycle Information")
![TQQQ: Ehlers Zero Mean Roofing Filter [CC]](https://s3.tradingview.com/7/7p3VqCXG_mid.png "Ehlers Zero Mean Roofing Filter [CC]")
![AAPL: Ehlers Roofing Filter [CC]](https://s3.tradingview.com/g/g0Eah38G_mid.png "Ehlers Roofing Filter [CC]")