🌟🚀 Introducing the Crypto Realized Profits/Losses Extremes Indicator by AlgoAlpha 🚀🌟 Unlock the potential of cryptocurrency markets with our cutting-edge On-Chain Pine Script™ indicator, designed to highlight extreme realized profit and loss zones! 🎯📈 Key Features: ✨ Realized Profits/Losses Calculation: Uses real-time data from the blockchain to monitor...
Overview: This script combines multiple indicators to provide a comprehensive analysis of both trend strength and trend momentum. It is tailored specifically for pairs trading strategies but can also be used for other trading strategies. Benefit of Comprehensive Analysis: Having an indicator that evaluates both trend strength and trend momentum is crucial for...
Rethinking the Legendary Relative Strength Index by John Welles Wilder The essence of the new approach lies in the reverse use of the so-called "overbought" and "oversold" zones. In his 1978 book, "New Concepts in Technical Trading Systems," where the RSI mechanism was thoroughly described, Wilder writes that one way to use the oscillator is to open a long...
RSI Momentum Waves Indicator The RSI Momentum Waves Indicator is your intuitive tool for visualizing market strength and trend persistence. It refines the classic RSI by smoothing the data with Exponential Moving Averages (EMAs), which help clear out the noise to give you a more accurate picture of where the market’s heading. The parameters - RSI Period,...
The CSO is made to help traders easily test their theories by subtracting the difference between two customizable plots(indicators) without having to search for strategies. The general purpose is to provide a tool to users without coding knowledge. How to use : Apply the indicator(s) to test Go to the CSO strategy input settings and select the desired...
After taking the approval of Mr. QuantNomad Multiple Indicators Screener by QuantNomad New lists have been modified and added Built-in indicators: RSI (Relative Strength Index): Provides trading opportunities based on overbought or oversold market conditions. MFI (Cash Flow Index): Measures the flow of cash into or from assets, which helps in identifying...
**1. Overview** " L1 Dynamic Momentum Indicator" is a custom TradingView indicator designed to analyze price momentum and market trends. It combines the calculation methods of Stoch (RSV) and Moving Average (SMA) to provide market overbought and oversold signals. **2. Calculation Method** - **RSV Value Calculation**: The RSV value is calculated using the...
🎉 Introducing the Unmitigated Liquidity Imbalance Indicator by AlgoAlpha! 🎉 Dive into the depths of market analytics with our "Unmitigated Liquidity Imbalance" indicator. This tool harnesses unique algorithms to detect liquidity imbalances between bulls and bears, helping traders spot trends and potential entry and exit points with greater accuracy. 📈🚀 🔍 Key...
This indicator is a visually improved version of RSI. It makes it much easier to see what's happening by simplifying those confusing, intersecting lines. With this, you can detect the RSI direction more clearly. All the features are also explained in the tooltips of the input fields. Some extra features are included, such as average top and bottom calculation,...
Oscillator Suite is a indicator designed to revolutionize your trading strategy. Developed by kikfraben, this innovative tool aggregates eleven powerful oscillators into one intuitive interface, providing you with a comprehensive view of market sentiment like never before. Originality and Innovation: Unlike traditional indicators that focus on single aspects...
Advanced MACD (AMACD) enhances the traditional MACD indicator, integrating innovative features for traders aiming for deeper insights into market momentum and sentiment. It's crafted for those seeking to explore nuanced behaviors of the MACD histogram, thus offering a refined perspective on market dynamics. Divergence moves can offer insight into continuation or...
The Wall Street Cheat Sheet Indicator is a unique tool designed to help traders identify the psychological stages of the market cycle based on the well-known Wall Street Cheat Sheet. This indicator integrates moving averages and RSI to dynamically label market stages, providing clear visual cues on the chart. Key Features: Dynamic Stage Identification: The...
Introduction This is a new representation of my well-known oscillator Hybrid Overbought/Oversold Detector overlaid on the chart. The script utilizes the following 12 different oscillators to bring forth a new indicator which I call it Hybrid OB/OS . Utilized Oscillators The utilized oscillators here are: Bollinger Bands %B Chaikin Money Flow (CMF) ...
Relative strength is a ratio between two assets, generally it is a stock and a market average (index). RS implementation details are explained here . This script automatically decides benchmark index for RS calculation based on market cap input values and input benchmark indices values. Relative strength calculation: "To calculate the relative strength of a...
This indicator utilizes the Stochastic Oscillator on two different timeframes and generates alerts for potential long and short conditions based on the crossovers of the %K and %D lines of the Stochastic Oscillator. Here's a detailed breakdown of the code: Inputs Overbought and Oversold Levels: ob_stc: Overbought level (default 80). os_stc: Oversold level...
**PROWIN STUDY BASIC CURRENT CANDLE TABLE** **Description:** The PROWIN STUDY BASIC CURRENT CANDLE TABLE indicator provides an insightful analysis of the current candle's volume and its comparative performance against the last 50 candles. This script includes several features designed to help traders understand volume trends and potential market direction. **Key...
a technical analysis indicator named "Stocastic Reference Dino," which is a stochastic oscillator used to analyze market trends and potential price reversals. Key Features: Inputs: K Period (lengthK): Defines the period for the %K line calculation (default 13). D Period (lengthD): Defines the period for the %D line calculation (default 9). Smoothing Period...
This RSI by John Ehlers of "Yet Another" Improved RSI. Taking advantage of the Hann windowing. As seen on PRC and published by John Ehlers, it has a zero mean and appears smoother than the classic RSI. In his own words " I prefer oscillator-type indicators to have a zero mean. We can achieve this simply by multiplying the classic RSI by 2 so it swings from 0 to 2,...