Introducing HARSI - the RSI based Heikin Ashi candle oscillator. ...that's right, you read it correctly. This is Heikin Ashi candles in an oscillator format derived from RSI calculations, aimed at smoothing out some of the inherent noise seen with standard RSI indicators. Science! We likes it we does. Included plot options for standard RSI plot overlay, and...
Have been looking at YouTube and found a few videos about Blended Candles. Couldn't find a script here so I decided to script something myself. I have also added a couple of EMA's, saves having to put them in individually. You can Look Back as far back as you want but I find that each time frame looks better if you keep it to multiple of the next IE : 1 min -...
Instead of the RSI which only uses the close of the market to calculate RSI, this indicator uses the Open, Close, High and Low individually to give four unique data points which are then drawn as candlesticks in place of the regular RSI.
In This experimental study, we've taken RSI data, Volume Profile, and Trend analysis, combining them into one unique package that will allow a trader to analyze market trend lines and their proposed channels, trend momentum through candle color augmentation similar to "Pulse", and Visible Volume index price levels on chart for the current sequence. Below are...
This indicator has been designed to show you both candle chart and Renko chart in one place. I think most of you are familiar with candle chart which is working with the time and price movements but Renko chart is based on price differences and is not related to the "time" parameter. so if you see a Renko brick is appear up(or down) to the previous brick it means...
Script to change candle color based on z-score. Inputs: 'src': Price source that will be standardized. 'n': Number of periods used in calculation of z-score (mean and st. dev.).
Deflates time series of historical open, close, high, low prices. This adjusts price data for inflation and removes the effect of price inflation. inflation-adjusted price for period 't' = (price / cpi ) * 100 Historical CPI is pulled from Quandl.
Free Multiple Timeframe Chart Resolution by Emiliano Mesa This indicator allows free users to have a multiple timeframe candlestick graph without the need of upgrading to PRO, PRO+, or Premium accounts. Furthermore you can even apply indicators to the chart, and has a much more historic data than similar indicators with the same purpose I have previously seen in...
Herewith ; RSI as Candles With Linear Regression and a multiplied Linear Regression With Adaptive Deviation Bands Background highlighter highlights breaking of the slow / wide band. I like it for scalping tops and bottoms on low time frames, but have a play.. The linear regression slopes show trend and divergence, might include divergence flags later.... Last...
This is an interesting take on candlesticks. These special High-Low Candles do not show the Open and Close levels, so there are no wicks. However, you still see the the High and Low of the entire candle, giving you the full range. Since this is an indicator, be sure to hide the chart candles to avoid overlap. Or choose offsetting colors to see the traditional...
This script uses Heikin Ashi candles to smooth out the candles, then counts how many consecutive candles in a row are the same colour (red or green). It then takes each count and multiples it by the difference between close and open, to provide a weighted movement. Where larger moves create greater impulses.
Using RSI and 4 exponential moving averages, I created this indicator so that you can spot inconsistencies between price action and RSI. There's a lot of misunderstanding surrounding RSI, most people think if something's 'oversold' buying is a guarantee win. This definitely isn't the case as there's many more variable to consider. In addition, with this indicator,...
The Dr. Profit BANK CANDLES will identify the low momentum candles (LMC) and high momentum candles (HMC) needed to detect where the banks are most likely to consume supply/demand according to the base. You may chose to only show HMC or LMC in the INPUT SECTION. HMC are your "INTRO" candles. You can view these candles as AGGRESSIVE and high in Volume. LMC ...
Candles in which the open is equal to the previous close. (For VSA theory) Свечи в которых открытие равно предыдущему закрытию. (Сделано для анализа по ВСА).
My script builds upon another user-submitted script by rebuilding the logic used to identify candlestick patterns. The logic in my script is a mix of strict and lax guidelines to mitigate false flags and present valid buy and sell signals. -To use this indicator, simply add it to any chart. It will identify trends on any time frame although the lower you go, the...
A further improvement of the Sparklines indicator, which shows the last 6 candles of 4 different instruments (can be customized on the user's choice). Use cases are remain the same as for the Sparklines : Merge of two instances A screener * on the preview If you have any questions you can contact me either via private messages here or via Telegram
Hello BoredWorkers here. We've been on a journey to create the most perfectly simple indicator for newbies to profit NO MATTER WHAT and we're ending our journey successfully here soon. So we will be releasing indicators, apart of or, that were a part of our journey. The guided lights indicator is a favorite. This indicator is simple. It displays the current...
I read somewhere that candles can easily confuse the eye, making it easy to lose focus. We get distracted by the size of the candle body and the candle's color without paying attention to its true range and how it compares to that of the previous candle. With Up or Down? you get two signals. The blue arrow below lets you know that the candle's current low and...