This "Study" project has been created by request and is used in conjunction with the "Strategy" version.
*** EXPERIMENTAL ***
*** USE AT YOUR OWN RISK ***
Description:
Indicator based around Renko Bar Chart emulator (ATR) with direction change used to signal buy/sell trades.
I have generally found that setting the strategy ATR resolution to 3-5x that of...
LazyBear's WaveTrend port has been praised for highlighting trend reversals with precision and punctuality (minimal lag). But strong "3rd Wave" trends can "embed" or saturate any oscillator flashing several premature crosses while stuck overbought/oversold. This happens when the trend stretches over a longer timescale than the oscillator's averaging window or...
LazyBear's WaveTrend port has been praised for highlighting trend reversals with precision and punctuality (minimal lag). But strong "3rd Wave" trends can "embed" or saturate any oscillator flashing several premature crosses while stuck overbought/oversold. This happens when the trend stretches over a longer timescale than the oscillator's averaging window or...
This is a revised version of the original "Price Divergence Detector by RicardoSantos".
Description:
Price Divergence detection for various methods : RSI, MACD, STOCH, VOLUME, ACC-DIST, FISHER, CCI, BB %B and Ehlers IdealRSI. Both Hidden and Regular Divergences are detected.
Mofidifications:
Revision 3.0 by JustUncleL
Added option to disable/enable...
EWO Indicator, helps to indentify waves
Similar like LazyBear's Indicator: ElliotWave Oscillator
I extended and changed the following:
Allow custom SMA interval default 5 and 35. Dont use EMAs
Choose input source: default close, f.e. use HL2
Show difference of SMAs in percent based on current candle default "true", this is very useful for historical charts
I have just recently revised this indicator alert for public release. This is for the 60sec Bollinger Band break Binary Option traders.
This indicator alert is a variation of one found in a well known Broker's marketing videos. It uses Bollinger bands, RSI and moving averages. Included is a pre-warning alert condition. The strategy and settings are designed for...
This is a basic RSI indicator but in column format.I had been using this for a while and it gives a nice visual representation of trend change by changing color of the column.
Base line is 50 level. Anything above 50 is buy opportunity and below 50 is sell opportunity . Try it on higher time frames and see the results.
Example on chart above.
Note: i...
The original script was posted on ProRealCode by user Nicolas.
This is an indicator made of the linear regression applied to the rate of change of price (or momentum). I made a simple signal line just by duplicating the first one within a period decay in the past, to make those 2 lines cross. You can add more periods decay to made signal smoother with less false entry.
The original script was posted on ProRealCode by user Nicolas.
he QQE indicator consists of a smoothed Relative Strength Index (RSI) indicator and two volatility-based trailing levels (fast and slow). The Fast Trailing Level (TL) and Slow TL are constructed by calculating the ATR of the smoothed RSI over n-periods and then further smoothing the ATR using an...
Created by Request: Description: This is an implementation of Dr. Ehlers Ideal RSI. It uses a Homodyne Discriminator to calculate the dominate cycle of the trend and then uses the half cycle as the length for the RSI calculation.
Main Reference:
- "http://www.jstas.com/RSI/RSI ideaal.htm" it's in Dutch, use Google translate
The original script was posted on ProRealCode by user Nicolas.
This indicator is derived from Bressert's works in market cycles (Double Smooth Stochastic). It is converted from MT4 code and it is a part of a complete trading strategy of scalping, I certainly post on forums soon.
The DSS indicator is intended to spot overbought and oversold areas with less false...
The original script was posted on ProRealCode by user Nicolas.
The KusKus Starlight indicator is an oscillator built using Fisher price transformation. It is also normalized over the last range periods. Smoothing can be adjusted in the parameters.
Please if you use my scripts leave a like or follow me.
Thanks!
Vortex Indicator showing Positive and Negative buying pressure. Included is a MACD Histogram that has been adjusted to the 1.00 plot line as base line instead of 0.00
Blau's Ergodic Candlestick Oscillator = a decent trend finder, however slightly lagged. It can help you to see a reversal entry if you are looking for one. I find the one line ECO hard to use, so I have created this histogram version with a signal line. The colors help to show you whats going on with the ECO and its bias. This indicator shows up in a couple...
This is an implementation of the Stochastic Momentum Index from William Blau's his article in Stocks & Commodities .
This also allows the use of various different kinds of moving averages for the signal line. Options for this argument are:
sma (simple moving average)
ema (exponential moving average)
wma (weighted moving average)
trima (triangular...
![GBPUSD: [INDICATOR]Renko Emulator OCC v1 by JustUncleL](https://s3.tradingview.com/d/D3FBHgs9_mid.png "[INDICATOR]Renko Emulator OCC v1 by JustUncleL")
