This indicator was originally developed by Donald Dorsey (Stocks & Commodities, V.13:9 (September, 1995): "Refining the Relative Volatility Index"). Inertia is based on Relative Volatility Index (RVI) smoothed using linear regression. In physics, inertia is the tendency of an object to resist to acceleration. Dorsey chose this name because he believes that trend...
Three RSI in one window allows different time frames to be seen on one chart. Also have a look what happens when the time frames cross. Default setting is : 9, 18, 27 Adjust to fit your needs. *Get Rekt at your own risk* Tips BTC: 13CJxLuCKmccDvJDDrxa57NUKy7UEXFogz
This script plots the ratio between a ticker and the selected index. Currently, I have US equities indexes listed + BTC. It's a great way to check for relative strength, determine if absolute highs relative to the ratio are being made, etc. Additionally, optional comparison of the RSI is included. I was just testing something out but figured I'd leave in here...
A way to manage portfolio risk using relative standard deviation, also known as coefficient of variation. This tool tells you how much of each stock in shares and in value to buy adjusted for their volatility risk for a given starting account capital. A problem many people have is how to diversify an account and adjusting it for the risk involved in each equity....
This indicator allows to compare relative performance of two indices or securities. It is the update of the previous version rewritten in Pine Script 5 version.
A relative strength overlay, similar to that of IBD shown on Marketsmith. The value is not from 0-100, it is compared with the Nasdaq x2 ETF, QLD. Therefore, if greater than zero it will give you a good indication that the stock has a very good relative strength. Feel free to change the comparison ETF to one of your choosing.
Relative strength is a calculation of the price trend of a stock or a financial instrument in comparison to another instrument, stock, or industry. It shall be determined by taking the price of one commodity and dividing it by another. Relative strength is a strategy used for determining value stocks and is used in momentum investing as well. It involves...
The Relative Difference Of Squares Oscillator was created by Marco Alves (Stocks and Commodities Aug 2020 pg 10) and this is a heavily customized version of his indicator that works for single stocks instead of the entire market. I have included extra buy and sell signals to account for strong signals vs normal signals based on some user feedback I got. Buy when...
Yet another way to try and measure volatility. An alternative to using ATR is Standard Deviation, it can be used to measure volatility or what is also known as risk. SD measures how dispersed or far away the data is from the mean. It's commonly seen in risk management formulas or portfolio diversification formulas. The problem however is that the numbers that ATR...
Some weeks ago, I had a patient in my practice who suffered from internal stability disorders. Certainly not a case of disordered thinking or schizophrenic behaviour, because his general sense of direction wasn’t the problem. He just couldn’t find the right overall balance, an ailment he struggled with for years. Straight away I could diagnose that surgery...
Stochastic RSI presented as a heatmap starting from the oversold (20) / overbought (80) levels respectively. The more oversold / overbought the price, the more intense the color (blue / fuchsia).
Comparative Relative Strength for Crypto (USDT/USD) An adaption of the indicator as published by © bharatTrader-> Please visit the link for details as published by the original coder. Configured for Crypto by presetting (per filter) for CIX100 usage - either in USDT (Kucoin) or USD (Capitolcom)
The normal MACD is formed by the difference of two moving averages. In contrast, the relative MACD is formed by the quotient of two moving averages. In my opinion, it is only with the Relaticen MACD possible to compare values at different prices. Der normale MACD wird durch die Differenz zweier gleitender Durchschnitte gebildet. Im Gegensatz dazu wird der...
This is a custom indicator of mine loosely based on the work by James Garofallou (Stocks and Commodities Sep 2020 pg 14) and this is meant for medium to long term trend confirmations. The idea behind this indicator is to capture 3 different dimensions of trend strength. The first dimension captures the overall strength of the underlying stock vs the market (in...
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
Relative volume or RVOL for short is an indicator that is used to measure how 'In Play' the stock is. Simply put, it helps to quantify how interested everybody is in the given stock - higher the value, higher the interest and hence higher is the probability for movement in the stock. I have tried to create RVOL (Relative Volume ) Indicator as per the description...