This is a straightforward modification of LazyBear's CCI-coded OBV indicator with the following changes: 1) uses log-hl2 as source, which seems to be a more stable indicator of price change than close 2) adds optional price smoothing
IDEA is to easily spot the length of a calm periods based on OBV. Some says that after a longer OBV-calm (but not supercalm) period up or down rallies are somewhat more likely) METHOD: variance of OBV ADVISE: cannot be used on its own, just with others (RSI, CCI, Coppock, MACD etc.) Period shall be adjusted to the market. PERSONAL: I also use it to evaluate...
//Created By Ahoudori //High Low DayBox study(title="High Low DayBox", shorttitle="High Low DayBox", overlay=true) st = input(true, title="Show Todays OHLC?") //sy = input(false, title="Show Yesterdays OHLC?") //Daily ph = security(tickerid, 'D', high) //pdh = security(tickerid, 'D', high ) pl = security(tickerid, 'D', low) //pdl = security(tickerid, 'D', low...
This study is an alternative experimental interpretation of the Blast Off Indicator by Larry Williams. This formula takes positive and negative magnitudes rather than the absolute value. The result is then smoothed with an EMA, and twice smoothed to provide a signal line.
everything spelled out except the hammer and inverted hammer . They are "H" and "IH" respectively on the charts. They show up so often that they cluttered the charts. The default script has: Doji , Evening Star , Morning Star , Shooting Star , Hammer , Inverted Hammer , Bearish Harami, Bullish Harami, Bearish Engulfing , Bullish Engulfing , Piercing Line,...
Quick and dirty average price of bitcoin over Bitfinex, Bitstamp, Coinbase and Kraken
A quick visualization of where the market needs to move to reach your desired level of profit, plus your stop loss point. Plan your trade entries and exits better with this easy to use visual indicator.