The Laguerre Relative Strength Index was created by John Ehlers and this is essentially his version of the RSI but I find that the buy and sell signals work better with his version as you can see. Buy when the line turns green and sell when the line turns red. Let me know if there are any other indicators you want me to publish!
About the Indicator: This indicator is includes moving average ribbons, signal line, unique price action and support and resistance. I will explain a bit about everything. Moving average ribbons: We take 2 inputs from user. One is the length of minimum moving average line and other is length of maximum moving average line. We plot total 8 ema in between these 2...
█ OVERVIEW This indicator calculates TradingView's well-known "Strong Buy", "Buy", "Neutral", "Sell" or "Strong Sell" states using the aggregate biases of 26 different technical indicators. █ FEATURES Differences with the built-in version • You can adjust the weight of the Oscillators and MAs components of the rating here. • The built-in version...
What is it? This is a simple indicator that plots/maps resistance based on the closing price. How to use it? Simple. If candle (price) CROSSES UP the red line and stays ABOVE it, we BUY. If candle (price) CROSSES DOWN the red line and stays BELOW it, we SELL. * You can RIDE the SHORT UPWARD MOMENTUM as long as the price is ABOVE the red line.
Show the difference between two differences of the short-middle and short-long MAs. When the fast MA crosed the Long - it is the possible signal for the trade
Level: 1 Background John F. Ehlers introuced FM demodulator of "A Technical Description Of Market Data For Traders" on TASC MAY 2021 Function John Ehlers introduces the use of FM modulation to determine the cycles of market data. The author also proposes that noise in market data does not necessarily mean chaos and that pink noise in the data implies memory...
This is my first script I have published so bear with me. I have thrown this together so you can easily see on the chart where -0.5%, -1% and -2% would be from the last candle close. I also replicated these to show positive values in case you are shorting. I have also added a custom value setting so you can set the line at whatever percentage value you like and...
This is a indicator I built on the basis of RSI and price action. It is the Cappuccino-Indicator. It calculates back the estimated price based on RSI with some optional filters and gives signals for buy and sell. it works as follows: - the current RSI value is calculated back to a estiamated market price - shoutout to some developers who made some functions...
This script plots the relative performance of the viewed security with respect to a selected benchmark. It can be used to identify assets higher than market average potential. - The plot above is the relative volume. - The plot below is the relative performance. Computation is done by applying stochastic to the spread of the asset's current price/obv value to...
1.Exponential Strength Index (ESI) & Relative Strength Index (RSI) cross above Simple Strength Index (SSI) is buy signal and sell is below. Confirm with level 2.Use divergence confirm signal buy and sell with first method
Gives an ability to compare 3 RSIs: current altcoin + BTC (e.g. ADABTC) - green by default current pair (e.g. ADAUSDT) - blue by default BTC (e.g. BTCUSDT) - yellow by default It helps to understand the cause of price change - whether BTC provokes price change or not. Also it shows performance of an altcoin - the bigger gaps between RSIs, the stronger...
ENG: This indicator includes the SMA line colored according to the price position, the RSI to identify the bearish or the bullish points, the Engulfing bars, the clock and the information panel showing the countdown to the candle closing. SMA: default period is set to 50. It can change from the settings. Definition of SMA line default colors: When the price...
Hi! WPR is the Williams percentage range indicator in my design. The main idea is that the intersection of the indicator and the moving average in the overbought and oversold zones + color highlighting gives more clear visual signals for making trading decisions based on this indicator.
The Adaptive Center Of Gravity was created by John Ehlers and this is a regular center of gravity indicator combined to be use with the current cycle period. If you are not familiar with stock cycles then I would highly recommend his book on the subject: Cycle Analytics. Buy when the indicator turns green and sell when it turns red. Let me know if there are any...
function to output color from a HSL (hue, saturation, lightness) palette.
a function to find a color value in a triangular gradient.
Hi, again. Here I have a nice moving average script designed to get you into trends and keep you in trends until the opportune moment comes to exit. And, as with any indicator, or suite of indicators, designed to get one into trends and keep him/her in a trend, they do not do so well in chop/ranging/mean reversion conditions, though I would say this one is better...
RSi with bullish and bearish zones for trend trading.