The Double MACD indicator is precisely two different MACD indicators plotted on the same axis for precise visual correlation between each other. This correlation provides more information than a single regular MACD by allowing you to compare the signals of a shorter timeframe to the default or longer timeframe, showing the strength of the change in momentum and...
This MACD indicator is equipped with RSI strength signal. Purple circles will display on 0 line when RSI is above 50%. The MACD signal lines and RSI strength signal can be changed based on your own preference. Preset value for MACD is 18, 16 & 11. Preset value for RSI strength signal is 50%. Alert for MACD Golden Cross and MACD Death Cross are also...
This experimental study "normalizes" a series into a consistent range such that it can be "overlayed" against an oscillator that's typically plotted independently. It then "denormalizes" the oscillator's signal into the series' original domain, such that important thresholds can _also_ be denormalized into the series' original domain. The...
SPY Ninja Oscillator correlates the true strength index exponential moving averages of SPY (green) and VIX (red) together. In doing so we can determine the start of trend shifts via SPY / VIX convergence in addition to crossover, with potential market entries and exits represented by the vertical green and red bars. MACD and RSI have been scaled proportionally...
Similar to the MicroStrategy Premium script. This indicator derives MSTR's core software business value by calculating its Bitcoin holdings as a percentage of market cap. Thus you can do, (1 - Bitcoin holdings as a % of market cap) * current share price = Core business share price
Long Arrow : close of the candle is above ema + Stochastic is oversold + MACD is below 0 + Stochastic cross up Short Arrow : close of candle is below ema + Stochastic is overbought + MACD is above 0 + Stochastic cross down Also added SL, 1:1 and TP where SL can be varied by ATR value and TP is set to 2:1 RR but it can be varied too. It is not meant to take...
Mashup, combining (adjusted) RSI and CCI. These two indicators serve similar functions, but on different scales. I combined the two versions from the TradingView Built-In library into one chart, keeping the default setting for the CCI signal lines and fitting the RSI's default signal lines to them, so that they line up. I therefore adjusted the RSI to match the...
A new momentum oscillator. I uploaded this previously but it got deleted I believe because apparently my chart was too cluttered. Hopefully this is good enough... made some updates as well since then. What you have is six (!) momentum oscillators that can be weighed together however you please. They are centered on 0 with a fill so its also easy to overlay them...
I updated existing script “ MacD Custom Indicator-Multiple Time Frame+All Available Options! ” originally created by ChrisMoody to Pine Script 4. version, so you can use it within your own strategy for algotrading or trading bots.
Coppock Curve Strategy Description: The Coppock Indicator is a long-term price momentum oscillator which is used primarily to pinpoint major bottoms in the stock market. Crosses above the zero line indicate buying pressure, crosses below the center (zero) line indicate selling pressure. This script generates a long entry signal when the Coppock value crosses...
This script calculates the covariance and correlation coefficient between two markets using arrays. Lookback: How many bars to perform the calculation on. Source: Price source to calculate the correlation on. Reference Market: The reference market to compare to the current market. It's a simple indicator, but very useful for determining how correlated your...
Japanese below. / 日本語説明は下記 Summary This indicator shows CCI of the current timeframe and another CCI from upper timeframe as MTF CCI with ability to show signals and set alerts when crossing upper/bottom bands. For general use of CCI, please refer to the link below(by TradingView) jp.tradingview.com How is it different from other MTF CCI indicators?...
This is a highly stable, volatility adaptive, Moving Average Convergence Divergence (MACD) that uses a modified calculation based on improved logarithmic measurements of the momentum. 1- This MACD provides the trader with most accurate detection of divergences, both regular and hidden ones, and shows them on the MACD Histogram. 2- Furthermore, the MACD/Signal...
The True Emotion Oscillator is a combination of multiple signals such as stochRSI, Macd , Fisher, etc to gauge the emotion of the market based on a -100-+100 scale. I wanted to incorporate a visual style that would appeal to people while keeping it simple. This indicator also has divergence detection built in, but I think it lags behind based on the filter...
I've created a simple oscillator which I think does a good job of easily showing you when price is worth watching or not. I think all too often you get stuck looking at something like an RSI and end up trading noise. From my observations and experiences, I've found that there are 2 major catalysts for price movement-- Price is either trending and reaches a...
This indicator is great for crypto comparing the current pair (blue) to the USDT (tether pair in fuchsia), this is purely a visual aid and should not be used alone for entries and exits, but more so to help determine the bias direction for that pair.
The True Emotion Oscillator is a combination of multiple signals such as stochRSI, Macd, Fisher, etc to gauge the emotion of the market based on a -100-+100 scale. I wanted to incorporate a visual style that would appeal to people while keeping it simple. This indicator also has divergence detection built in, but I think it lags behind based on the filter...
The PPO is basically the MACD but in percentage terms. This is better for comparing momentum across different securities. This script is a standard PPO but with many options for customization. You can set the moving average type of the signal and the oscillator lines separately. You can also weight any moving average of the PPO by volume. Supported Types of MA: ...