Hey guys, this is a variation of Ichimoku using Fibonacci principles. Overview As you may know, Ichimoku uses in its calculations (high + low)/2 to calculate Tenkan-sen (Conversion line) and Kijun-sen (Base line) for different periods: Tenkan is a shorter period, so it reacts faster to reversals, while Kijun is slower, so it reacts slower, and it is...
Same RSI you love, but with a candle highlighter, control over Overbought & Oversold Line placement, and Alert Conditions for Overbought & Oversold, built right in. Set the Overbought/Oversold Lines anywhere you want... use them to create RSI+ Alerts.
Ergodic Oscillator indicator script. Ergodic Oscillator is based on True Strength Index (TSI) by William Blau.
Rocket RSI indicator script. This indicator was originally developed by John Ehlers (Stocks & Commodities V.36:6, RocketRSI - A Solid Propellant For Your Rocket Science Trading).
Laguerre RSI (Self Adjusting Alpha with Fractals Energy) indicator script. I adopted idea from www.prorealcode.com and If you disable `Apply Fractals Energy` option, you will get the original Laguerre RSI.
Corrected Relative Volatility Index. This indicator was originally developed by Donald Dorsey (Stocks & Commodities V.11:6 (253-256): The Relative Volatility Index). The indicator was revised by Dorsey in 1995 (Stocks & Commodities V.13:09 (388-391): Refining the Relative Volatility Index). I suggest the refined RVI with optional settings. If you disabled...
Stochastic Momentum Index is used to find oversold and overbought zones. It also helps to figure out whether to enter short trade or long trade. Red Shade in the Top indicates that the stock is oversold and the Blue shade in the bottom indicates overbought. The lighter color indicates that the trend is continuing while the darker color indicates the trend is...
Relative Momentum Index indicator script. This indicator was originally developed by Roger Altman (Stocks & Commodities V. 11:2 (57-60)). RMI with momentum period of 1 will be equal to an RSI when they have the same period and source price.
Laguerre RSI indicator script. This indicator was originally developed by John Ehlers.
Trend Follower (Follower) The Trend Follower is a powerful trading tool, which helps us to control our operations. This tool performs different calculations based on market movements, so it becomes a very versatile and reliable indicator. This indicator tells us NOT to do and at what time it is prudent to leave an operation or take a share of profits. If you have...
◊ Introduction I started using this script because of its fast reaction, and good tell for buy/sell moments on a short timescale. For larger timescales, the overall trend should be taken into account regarding the levels. In the future i will update this indicator, to automatically adjust those. ◊ Origin The Relative Momentum Index was developed by Roger...
CCI Histogram w/ Color Has EMA option to calculate CCI STOKEDSTOCKS Finds oversold and Overbought conditions
This script works with two 50 exponential moving averages and a 20 exponential moving average. The 50 ema high and low work like a channel in combination with the 20 ema to idenifty a trend in the 15 min chart. Once the trend is identified the script waits until the stochastic crosses over 20 (oversold) in a uptrend to buy and 80 (overbought) to short. It is a...
Combining EMA and MA over-extension with RSI to help narrow down overbought and oversold opportunities.
Simple Overbought/Oversold indicator You can change long to short in the Input Settings WARNING: - For purpose educate only - This script to change bars colors.
Simple Overbought/Oversold indicator WARNING: This script to change bars colors.
This script is the same as Williams %R except that on green days we plot green and red on red days. If a bar opens and closes the same, we plot black.