RSI indicator with Bollinger Bands in one. Forgot oversold and overbought!
With BB and RSI you can dinamically saw when RSI is in critical values. And when you can see figure 'M' or 'W' in oscillator it means that current movement of impulse is down.
RSI и Ленты Боллинджера в одном. Забудьте о тупых линиях перекупленности и перепроданности!
This is a scaled Normalized Vector Strategy with a Karobein Oscillator
Original: Drkhodakarami (www.tradingview.com)
Repainting: in general there two types of repainting:
* when the last candle is constantly being redrawn
* when the indicator draws a different configuration after it has been deactivated/reactivated, i.e. refreshed....
This indicator was originally developed by John Forman (Stocks & Commodities, V.24:6 (May, 2006): "Cross-Market Evaluations With Normalized Average True Range").
Mr. Forman uses a normalized average true range indicator to analyze tradables across markets.
An indicator that multiply the closing price with the current volume. (close X volume)
This will show the relative interest in the underlying asset regardless of the price change over time. For the case of FXCM, when the price fell from $16 to $1, its volume spiked 16x at the same time given the fact that 16x more shares can now be purchased with the same amount...
Rescaling often involve bringing a series of values in a certain range, there have been many rescaling methods proposed in technical analysis such as the stochastic oscillator, relative strength index or the William %R to name a few. Rescaling the price allow the user to see when the security is overbought or oversold, in the case of the stochastic...
The script is more meant as a study on the great idea by @m59 watching volatility in a scaled way. The idea for the script came in a discussion which value fits better. It uses different values that could be used interpreting volatility and scale it with different normalization methods to a same base. Have a look at the VCI - "Volatility Channel Index" by @m59. It...
An idea I had today morning so I had to write. It seems to detect trends well. It has three phases like a semaphor, painting the chart bars of green, yellow or red.
=== Bar Color Meaning ===
Yellow: don't care
I think it can be useful!
This MACD normalizes the price so that it can be compared against moves that took place at prices of significant difference.
There are also options to change if the MACD and the signal line are computed using EMA or SMA.
Balihuntul Normalized Absolute Volume by RagingRocketBull 2018
This indicator shows absolute and/or normalized volume for an asset, allows for more accurate volume based comparisons (like a log scale for volume).
Volume is measured in coins traded, not USD traded, so direct comparisons of different price moves may not be accurate.
This script provides normalized volume, where normalized here can mean two things (given in the settings):
1. volume / average volume
2. volume normalized both with respect to range and units (i.e. a stochastic between 0 to 100)
Can also color and plot in different customisable ways.
This script adds a volume indicator that is normalized by SMA(50) by default. This will help you easily see whether the volume is _actually_ high or not. It also highlights when volume is exceeding the average by making the column a darker color.
* This changes the volume into a percentage, so don't use this number for calculations
* Make sure to...
Developed by Emily Karobein, the Karobein oscillator is an oscillator that aim to rescale smoothed values with more reactivity in a range of (0,1)
The scaling method is similar to the one used in a kalman filter for the kalman gain.
We first average the up/downs x, those calculations are similar to the ones used for calculating the average gain/loss...
The Normalizer adds an indicator to your chart with the option to view regular Volume, normalized Volume or normalized price.
Normalized Volume divides the current Volume bar into a moving average and multiplies by 100. The resulting plot is a histogram showing how far above or below the moving average that volume bar was.
Normalized Price does the exact same...
This is a Normalized ATR, which means it displays ATR as a percentage instead of absolute price. For example, a value of 1 indicates a true range of 1% in a given period.
This indicator creates a moving average of the volatility of a product going back X number of periods and is useful for deciding what to trade. For example, if used on a daily chart, one...