The Volume Flow Indicator (VFI) indicator was first introduced in my June 2004 and is is based on the popular On Balance Volume (OBV) but with three very important modifications: Unlike the OBV, indicator values are no longer meaningless. Positive readings are bullish and negative bearish. The calculation is based on the day's median instead of the closing...
This is a new version of my "Divergences" Compared to my "Divergences (Pivots)", this is calculated totally different There are 3 options: - MACD - RSI - Stoch RSI Since this script is very heavy in calculation it is limited in time (= inspired from a script of "Che_Trader") Also it uses "max_bars_back" (=1000) For MACD and Stoch RSI there is a "custom...
The well known Chaikin Money Flow Indicator as oscillator version. General Usage The indicator runs both above and below zero, made to denote whether an asset is in a bullish (above zero) or bearish (below zero) trend. It can be used to confirm trends, as well as spot possible trading signals due to divergences. A benefit of the oscillator version is that it...
The oscillator version of the Price Volume Trend indicator (PVT) can be considered as a leading indicator of future price movements. The PVT Indicator is similar to the On Balance Volume indicator as it is also used to measure the strength of a trend. The difference between the OBV and the PVT is that where the OBV adds all volumes when price achieves higher...
The oscillator version of the well known On Balance Volume Indicator (OBV). General Usage Plain old OBV can be used to confirm trends, as well as spot possible trading signals due to divergences. A benefit of the oscillator version is that it can produce LONG or SHORT signals on zero line cross. Moving Averages 4 different Moving Averages are available: ...
RSI-Oscillator is designed to be highly visual, based on strategies that recognize the RSI above 50 to be positive strength, and below 50 to be weakness. Midpoint is 50, above is blue, below is red.
Hey guys, I recently used the "ADX and DI" indicator in a variety of my own scripts. Because I keep on developing version 4 scripts and the "ADX and DI" indicator is developed in one of the previous PineScript versions, I had to update the old script every time I wanted to use it. I decided to publish the updated version and also changed a few things: - ADX...
Eng. Kijun is one of the lines of the Ichimoku indicator. The indicator shows the relative deviation of the price from this line. This indicator can be used to determine divergences, market phases, and all that other oscillators show. ) Rus . Kijun - одна из линий индикатора Ишимоку. Индикатор показывает относительное отклонение цены от этой линии. По этому...
The Volume RSI (Relative Strength Index) is quite similar to the price based RSI with difference that up-volume and down-volume are used in the RSI formula instead changes in price. If price RSI shows relation between up-moves and down-moves within an analyzed period of time by revealing which moves are stronger, the Volume RSI indicator shows the relation between...
Nothing special here I just play with the formula of ADX and DMI that give this indicator which is combination of both above zero =bullish bellow zero =bearish seems nice to spot trending
Estimates the buy and sell volume of each candle by using a configurable lower time-frame and creates a momentum oscillator for buy and sell volume, PVO. This indicator shows higher than normal volume when the silver line cross above 0 and lower than normal when below. The green and red oscillators give an indication of trend direction where the wider they are...
The Market Mode indicator seeks to identify trends and rebounds by identifying “phases” according to the principles of John Ehlers. - When the oscillator passes above the top line, the market is in an uptrend. - When the oscillator goes below the bottom line, the market is in a downtrend. - Between these two levels, the market is calmer and could rebound in the...
I have placed what is needed to know about the indicator at the start of the script. I also placed some hints on the chart.
Correlation Coefficient Core Code from: www.tradingview.com This indicator Show Correlation between the Current Ticker & timeframe and a Customizable Ticker. After adding the indicator you can change the second ticker in the settings. The Correlation Coeff is between -1 to 1 which 1 means 100% correlation and -1 means -100% correlation ( Inverse...
Simple script made to identify trading ranges in any timeframe The oscillator bounces between 1 and 0. 1 means that the current asset is in a trading range and 0 meaning it is not. The determination of a trading range is determined by the following: ATR(14)40 and RSI<60 ADX<25 Due to all 3 having to be fulfilled in order for the oscillator to show there is...
This is a modified version of the Chaikin Oscillator. The idea is to find accumulation and distribution phases in the market to identify when institutions are building their positions. It uses acc/dist but as an oscillator, just like the Chaikin Oscillator, but not to find overbought or oversold areas, but to find trends. It functions like a MACD. It takes a fast...
Bitcoin Energy Value as an oscillator against price. Calculated as: (Bitcoin Price / Bitcoin Energy Value - 1) * 100
The intrinsic value of Bitcoin as calculated by Joules of energy input only.