MOMENTUM + MONEY FLOW INDEX + RELATIVE STRENGTH INDEX WITH BULL & BEAR LABELS This is a combination of 3 popular indicators. Momentum(MOM), Money Flow Index(MFI) and Relative Strength Index(RSI) along with color changing labels that tell you each indicator's current trend. The middle white line shows the level that each indicator needs to stay above to be...
MOMENTUM WITH BULLISH AND BEARISH SIGNALS This is a momentum oscillator that paints red or green depending on whether Momentum is above or below the zero line. It includes a label on the right hand side that will reflect the bullish or bearish direction of the current momentum by changing colors to red or green and text telling you Bullish or Bearish. ***HOW TO...
The Adaptive Momentum Base, (AMB), is a momentum based indicator which measures the momentum change in the recent candles and changes the colour of bar which it occurred on. Momentum is used as a confirmation to show that the market may move in favour of your direction if the momentum is present for that direction. Trade Example: If you have long/short...
The Momentum Ribbon is a collection of Moving Averages which indicate the severity of pull-backs in a given market. As the ribbon spreads apart, it indicates more and more significant support/resistance for a trending market. As it is compressed back together, it displays a blue colour to indicate a "cooling" of trend momentum. Adjustable Moving Average periods...
How I Never Trade Against the Trend "Today I want to reveal another amazing tool in my arsenal when it comes to intraday trading. Now this is only for intraday time frames and not for swings or anything longer than few minutes to few hours ." from Tic Tock Trading Substack credit to Vincente
Momentum Bars (Mo_Bars) offers a different way to visualize (relative) momentum - and uses some simple TA concepts to provide a different perspective into how we read momentum changes and incorporate that in our trading. The idea here (and the script itself) is really super simple, and is (very loosely) inspired by Elder's Impulse System (EIS) - then evolved to...
Honey Cypher Aims to do 4 things Momentum Trend Strength Overbought and oversold zones Being the most beautiful indicator you ever see Momentum The big yellow honey waves primary use is to see the momentum of the market, they can be used in a similar way you would use a MACD or Chaikin Money Flow On this image you see the honey waves being plotted to...
Another attempt on making use of CM-Williams-Vix-Fix-Finds-Market-Bottoms from Chris Moody - which is arguably one of the best indicator available on pine and tradingview platform. Every time I revisit this, I get new ideas on applying this method. I have slightly altered formula to highest(source)-source/highest(source) from the original formula ...
The average RSI of top 13 marketcaptilization in SET50, as list by below. 1. PTT 2. AOT 3. ADVANC 4. CPALL 5. GULF 6. PTTEP 7. SCC 8. SCB 9. KBANK 10. BDMS 11. EA 12. OR 13. SCGP Note that OR started trading on February 2021 so that the indicator will not appear before that period and the top 13 marketcapiliation ranked on 22 February 2022 so pls becareful...
This indicator aims to indicate the correlation between two assets(Current and Base), it does NOT show entries or help your chart analysis directly. The main features of this Correlation indicator is : Correlation type : Direct Correlation | Inverse Correlation | No Correlation Correlation Percentage : as its name, it calculate the Correlation Percentage...
This script is a blend of open source cipher B indicator by VuManChu and Hammers & Stars strategy made by ZenAndTheArtOfTrading. "Golden buy" is based on divergencies and was considered as one of the top strategies for cryptotrading. So I used it for entrance point in this script. You can turn on opening short positions which are based on divergencies as well....
The Coppock Curve is a long-term price momentum indicator used primarily to recognize major downturns and upturns in a stock market index. It is calculated as a 10-month weighted moving average of the sum of the 14-month rate of change and the 11-month rate of change for the index. It is also known as the "Coppock Guide." The Coppock formula was introduced in...
Momentum is the tendency of assets that have gone up in price to continue going up in price - and for assets that have gone down in price to continue going down in price. The reasons behind it are not well understood by academics, but momentum is a property that exists across geographies and asset classes. The Momentum Score is a system that scores companies...
Closing momentum calculates the moving averages of closes and highs vs previous highs plus those of closes and lows vs previous lows to create momentum moving averages. Closes above/below previous highs/lows are weighted more strongly than new high or low wicks above/below a previous highs or lows. If momentum is up, the background will shade green; brighter is...
üst alt 80-20 ayarlanmış momentum Usage: Add your favorite oscillator, RSI , Klinger , TSI, CMF , or anything else to a chart. Click the little ... (More) on the oscillator. Then add this indicator "Divergence Indicator (any oscillator)" on your oscillator of choice. Click the settings on this indicator and make sure the source is set to the right plot from your...
what will happen for the RSI if the price will increases or decreases by X percent ? This indicator takes your hands. For instance: You set Leader1 = 1 and Leader2 = -1 (by default), So this indicator shows you that if the price will increase 1% (Leader1) or decrease 1% (Leader2) How much the RSI will be? So you have 3 horns, One of them main RSI that shows...
Hi All !! I came across relative strength concept from below indicator. Indicator Name: (Relative-Strength by modhelius) Note: Sorry !! Could not add indicator url here. Formula: RelativeStrength = (sectorValue / sectorValue ) / (indexValue / indexValue ) - 1 * 100 I used same concept and combine all sector's relative strength against Nifty50 index. How...
This script is based on the existing Momentum Indicator which shows whether the underlying percentage change in closing price is positive or negative. This script however uses columns to plot the change and shows this as green for >0 change, and red for <0.