The Pine Script code analyzes the MACD indicator and its histogram on TradingView. Users input parameters for MACD and histogram calculations, such as fast/slow lengths, source data, and moving average types. The script dynamically chooses between weekly and daily timeframe for histogram computation. It calculates MACD as the difference between moving averages and...
This indicator helps you make an efficient trades the rules are easy: 1) hide the circle shape that comes first in the settings. 2) when a green circle shape is plotted enter a buy at the close of the candle. 3) exit or sell when a profitable red circle is plotted. 4) set the stoploss on the last swing low.
Weller Wilder Averages is an indicator with 4 single averages. You can choose different periods colors and sources of each.
Indicador basado en 8 indicadores - RSI - MACD - ADX - EMAs (35, 50, 200) - Dos Cruces de EMAs Con señal parametrizable y con opciones de pintado de velas para resaltar tendencia de compra y venta.
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) ...
Components of the Indicator RSI Settings: The RSI is set with a length parameter, which can be adjusted by the user but defaults to 14. This measures the speed and change of price movements. MACD Settings: The MACD is composed of two lines: the MACD line and the signal line, which are calculated from exponential moving averages (EMAs) of different lengths...
The Average True Range (ATR) indicator is a technical analysis tool used to measure market volatility. The ATR indicator is designed to capture the degree of price movement or price volatility over a specified period of time. It does this by calculating the true range for each bar or candlestick on a chart and then taking an average of these true range values over...
Description This is a different take on the traditional RSI - Relative Strength Index. This indicator turns the RSI line green when above 50 and red when below 50 making directional changes highly visual. Additionally, an exponential Moving Average is drawn of the RSI. The EMA is green when trending higher and red when trending lower. The area between...
Combining the Relative Strength Index (RSI), Stochastic RSI (StochRSI), and Money Flow Index (MFI) can provide traders with a comprehensive approach to analyze market momentum, overbought/oversold conditions, and money flow. Each indicator offers unique insights, and their combination can help confirm trading signals and filter out false signals. Let's delve into...
Description: The Market Structure RSI is an innovative indicator that combines the power of the Relative Strength Index (RSI) with market structure analysis to provide a unique perspective on the market. This indicator helps traders identify potential trend reversals and trading opportunities by analyzing the underlying market structure and generating overbought...
What is a Bayes Estimator? Bayesian estimation, or Bayesian inference, is a statistical method for estimating unknown parameters of a probability distribution based on observed data and prior knowledge about those parameters. At first , you will need a prior probability distribution, which is a prior belief about the distribution of the parameter that you are...
Hello everyone, In this indicator, you will find 6 different entry and exit signals based on the RSI : Entry into overbought and oversold zones Exit from overbought and oversold zones Crossing the 50 level RSI cross RSI MA below or above the 50 level RSI cross RSI MA in the overbought or oversold zones RSI Divergence With the signals...
█ Overview The Dynamic Price Oscillator (DPO) by Zeiierman is designed to gauge the momentum and volatility of asset prices in trading markets. By integrating elements of traditional oscillators with volatility adjustments and Bollinger Bands, the DPO offers a unique approach to understanding market dynamics. This indicator is particularly useful for...
Market Trend Oscillator segments the market into ranged bound and trending aspect. The threshold level segregates both types of market. With higher level, both the risk and reward lower down. The MTO indicator, is based on Standard Deviation, difference between highest high and lowest low, ATR and ADR. There are two different volatility aspect which are: ...
RSI Confirm Trend with Williams (W%R) This is the "RSI Confirm Trend with Williams (W%R)" indicator This is a modification of the "RSI Trends" indicator by zzzcrypto123. What Is the Relative Strength Index (RSI)? The relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of a security's recent price...
The Relative Strength Index (RSI) is like a fitness tracker for the underlying time series. It measures how overbought or oversold an asset is, which is kinda like saying how tired or energized it is. When the RSI goes too high, it suggests the asset might be tired and due for a rest, so it could be a sign it's gonna drop. On the flip side, when the RSI goes too...
Relative strength index based on volume data. Indicate volume momentum, and help you define divergences on volume. The goal is to have an idea and represent in another form volumes and kept eyes on volume momentum on a certain period. RSI is an indicator about the strength, I keep the oversold/overbought thresholds. I think it still makes sense to interpret. the...
RS Rating for Trading View This Trading View script calculates the Relative Price Strength (RS) Rating for a given stock. It's a measure of a stock's price performance over the last twelve months, compared to all stocks in a selected Index. The rating scale ranges from 1 (lowest) to 99 (highest). Features - Adaptation for Indian Market - Option to choose the...