Upper cloud = overbought Lower cloud = oversold Lime color = uptrend Red color = downtrend Blue line = 50% of ATR In OverCloud 1.1 added: 1) % of ATR of cloud (from 5% to 50%) 2) borders of cloud 3) 50%-line
Reverse Engineering RSI, by Giorgos Siligardos The related article is copyrighted material from Stocks & Commodities.
Recommended Source = close FastRSI = 2 SlowRSI = 14 How it works? DoubleRSI = (FastRSI + SlowRSI ) / 2 = blue line DoubleRSI > 80 = red bg color = sell? DoubleRSI < 20 = lime bg color = buy?
The RVI is a modified form of the relative strength index (RSI). The original RSI calculation separates one-day net changes into positive closes and negative closes, then smoothes the data and normalizes the ratio on a scale of zero to 100 as the basis for the formula. The RVI uses the same basic formula but substitutes the 10-day standard deviation of...
Multiframe StochRSI. Useful to identify change in momentum inside a channel/consolidation patterns.
This is my attempt at Hurst Exponent indicator. Above 0.5 is supposed to indicate a trend is present. Below 0.5 is noise. 0.5 is supposed to be Brownian Motion or regular market noise. If you have corrections to the code you want to share, please post it. I'm not an expert in math or coding, so this shouldn't be copied / ported. This code didn't work very...
The Relative Momentum Index (RMI) was developed by Roger Altman. Impressed with the Relative Strength Index's sensitivity to the number of look-back periods, yet frustrated with it's inconsistent oscillation between defined overbought and oversold levels, Mr. Altman added a momentum component to the RSI. As mentioned, the RMI is a variation of the RSI...
This is the same script as the built-in Ultimate Oscillator except it is calculated in log-space, which may help with some very high-volatility charts (the differences will be usually be very small though).
This script is very much beta! This is a simple script to visualize how two symbols move in relation to each other. For example if the underlying symbol is a 2x Gold ETF (meaning the ticker moves at 2x the spot price of gold---if gold goes up 3% this ticker should go up 6%) and the comparison symbol is an 2x inverse gold ETF (at gold up 3% this should move down...
Self explanatory... Shows the long / short ratio of trader's positioning in bitfinex exchange. The higher the ratio, it means there are more longs. The lower the ratio, the more shorts are currently being opened,.
The script shows arrows on bars that are in overbought or oversold, based on the set parameters of Relative Strength Index ( RSI ) and Relative Volatility Index (RVI). Also there is a universal allert, which includes both conditions - overbought and oversold. You can change the period of RSI and RVI, as well as the upper and lower boundaries of these indicators.
This back testing strategy generates a long trade at the Open of the following bar when the %K line crosses up UpBand line. It generates a short trade at the Open of the following bar when the %K line crosses down DownBand line. WARNING: - This script to change bars colors.
The Pivot Detector Oscillator, by Giorgos E. Siligardos The related article is copyrighted material from Stocks & Commodities 2009 Sep WARNING: - This script to change bars colors.
After good reception of BTC Margin trader indicators, I present to you the ETH margin trader info for Bitfinex exchange. Hope it helps people.
Yellow Crosses mean both shorts and longs are increasing market is getting volatile Gray Crosses means margin traders undecided on that candle Green Crosses mean longs are increasing and shorts are being pulled out Red Crosses mean Longs are being pulled out and shorts being put in RSI of Longs and Shorts used. Hope the indicator helps you in anyway. Only works for BTC.