This script is based on the concept of Robert Miner Book "High Probabilities Strategies" This script shows at the same time two timeframes and the overlapping area. The green and red area shows the higher time frame period just as Robert Miner did this in his videos. Because Robert Miner just says: 8.. 13.. 21.. i used this also as type for the setup. This is...
A very simple crude way to visualize a spread between Ask and Bid orders. Useful if you are trying to compare pairs to market make against using one exchange's price feed to define prices for your bot on Another exchange. Made this for myself. Might add more functionality later where rather than adding the symbol to compare it will auto add it then draw flags and...
Measures how far the current price is spread from it's moving average
Hello everyone, this is indicator has always been my go-to MACD indicator for many years. It is such a beautiful easy to understand indicator. You can also view different timeframe resolutions which is helpful. When the MACD crosses up the signal line it is green, and when it crosses below the signal line it is red. The signal line is the constant yellow line....
CCi Super Bands , Is an Indicator to plot Commodity Channel Index Projections over the Price Chart It's offers interesting price Analysis There are two major parts to the indicator! 1. The Optimal CCI Line 2. A CCI Standard Deviation Bands Color Codes Meaning: Red : Strength in Bearish Intent Green : Strength in Bullish Intent Yellow : Consolidation...
This indicator combines 3 elements:- 1. MACD which will act as a source of potential Buy Signal 2. PSAR which provides the confirmation for buy signal and for potential Buy on Dip Strategy 3. Breakout candles which provides the confirmation signal for Buy on Breakout strategy 4. The direction of the trend is provided by the Exponential Moving Average The strategy...
Uses Normalized Price Oscillator and Stochastics and combines them as an ADX weighted measure. During low trend intensity Stochastics gets higher weighted than Price Oscillator, and vice-versa in times of high trend-intensity.
A momentum indicator that uses the highest and lowest values for price in three different lookback lengths to find the performance relative to three timeframes. - The yellow line is the product of the price performance in three different timeframes. - The red line is 200 EMA of the performance. - The blue columns represent the same calculation or the volume(OBV...
Quick Summary --------------------- The RedK Trader Pressure Index (REDK_TPX) analyzes the changes in price bars to give the trader a clear visual insight that represents the ongoing fight between the bulls (buyers) and bears (sellers) in the market - to determine who is in control of the price action, which in turn can be helpful in a trader’s decision about how...
Multiple Alerts by Morty Version 1.0, Updated at 20210322 When the following signals meet the conditions, alerts will be triggered. close price cross SMA SMA_fast cross SMA_slow MACD cross signal RSI overbought and oversold close price cross Bollinger Bands Momentum cross 0 level This script will also plot two MAs, EMA default ( SMA optional ).
Introducing the Caretakers “On Chart” Reverse True Strength Index. According to Wikipedia…. “The True Strength Index (TSI) is a technical indicator used in the analysis of financial markets that attempts to show both trend direction and overbought/oversold conditions. It was first published William Blau in 1991. The indicator uses moving averages of the...
Introducing the Caretakers Reverse True Strength Index. According to Wikipedia…. “The True Strength Index (TSI) is a technical indicator used in the analysis of financial markets that attempts to show both trend direction and overbought/oversold conditions. It was first published William Blau in 1991. The indicator uses moving averages of the underlying...
This experimental script is a variant of a model that allows a separate indicator window to be opened, revealing data for on balance volume, rsi, consumer commodity index and momentum indications. By use of the settings key, you can change the parameter of the source input as well as the desired lengths. After data compilation, the indicator will automatically...
Description: Strategy uses the Nimblr advice. It display the momentum candle with diamond on top of the candle. Candle Height= High-Low Body Height=Open- close Criteria: Candle height=100% And body Height >50% NSE:NIFTY
This indicator compares buyers demand with sellers supply volumes and calculates which prevails. Therefore it only works if volume is published. Buyers demand is assumed for a period in which a higher high is reached with more volume. Sellers supply is recognized by a lower low combined with more volume. The average of sellers supplies is subtracted from buyers...
Introducing the Caretakers Reverse Chande Momentum Oscillator. The Chande momentum oscillator is a technical momentum indicator which calculates the difference between the sum of recent gains and the sum of recent losses and then divides the result by the sum of all price movement over the same period. It is used to gauge “pure momentum”. It bears similarities...
This indicators uses the difference between market cap and enterprise value to gauge overvalued/undervalued conditions This only applies to stocks and to stocks that have an enterprise value