Hi everyone, This scripts are used for learning and research purposes. THESE ARE NOT BUY/SELL SIGNALS. If you have a better idea, share it here or contact me via msg. I will improve this script better in next version. Settings: Basically, you only need to care about "Lookback Level For Divs", this is the number of previously adjacent peak. Feel free to...
Abstract This script measure the related speed between rising and falling. This script can replace binary Falling Three Methods detector and, report continuous value and estimate potential trend direction. My suggestion of using this script is combining it with trading emotion. Introduction Falling Three Methods (F3M) is a candlestick pattern. Many trading...
This script uses a DMI, Stochastic , and one RSI , when they are all overbought or oversold (also applying price action and looking for bounce points) we can obtain a greater probability that the price will go in the direction we expect This script is compact, which can be very useful for many traders. For Best Results, Collect Minimum of 4...
Hello Traders !! This is a simple super trend based MAST trend. By default the supertrend is 10 period with 3 ATR multiplier. A moving average is used to benefit from the pullback entries. Bullish Pullback : Price above Supertrend & below MA Bullish: Price above Supertrend and above MA Bearish pullback : Price below Supertrend & above MA Bearish :...
The RSI is a technical indicator generally used with the general setting being 14 days, and often shorter. The accepted view is that a level of 70 indicates overbought conditions, and 30 indicates oversold conditions. A short RSI setting will give signals quite often, and they might sometimes contradict each other. As a individual investor, perhaps with a...
Hello Traders !! This is a simple trend identification script which is based on the current vwap (Cvwap) and previous vwap (Pvwap). Pvwap in the sense; previous day vwap closing value. Bullish: price is closing above the current day vwap and previous day vwap(pvwap). Bearish : Price is closing below the current day vwap and previous day vwap (pvwap). ...
Hello this is my new indicator. Purpose of this indicator is to find the strength of the trend. This indicator was developed by RSI(14) and Stochastic(50) How to used Red = RSI(14) & Sto(50) < 40 Lightblue = RSI(14) >= 50 and Sto(40) < 50 Darkblue = RSI(14) & Sto(40) >= 50 Green = Sto(40) >= 80 Yellow = RSI(14) < 50 and Sto(40) >= 50 Buy&Sell...
This strategy is found by error. Initially I started to find the weekly version of RSIofVWAP strategy. somehow I didn't see good results. Then , on the same script I did change it to find rsi emas difference strategy. while changing the code , for the long term ema /slow ema input , I had entered fastema value instead of the price close. That is...
Hello my dear traders. This is Tommy. This time our team spent so much time and effort developing a technical indicator that catches the trend reversal signal relatively earlier than any other existing indicators. Two RSIs (which quantify the relative strength of the price momentum using closed price of a candle) with certain parameters that we have found were...
HuD Bursa Strength Index - is a RSI oscilator for Malaysia Index Sector - it will display RSI of selected Index sector such as Technology and compare it with current counter's chart The purpose is to see the "relationship" between the counter and selected Index's RSI . Setting : - Default setting for RSI is 14, source is close - Index sector includes...
3 timeframes of RSIs: 6, 14 and 24 days. This is the extended version of the "standard" RSI script. How to use it: It has 3 upper bands and 3 lower bands. The 6-day RSI (orange line) corresponds to 80 and 20 bands, which means if 6-day RSI is over 80, it is an indicator of overbought for short term. Similarly, 14-day RSI use 70 and 30 bands and 24-day RSI use...
This is my so proud indicator. I call is "G-stength down" purpose of this indicator is " one glance to see the power of trend " I am not full time-trader, Im physiotherpist and im not have a lot of time to analyze the graph. I trade only stock and crypto and buy only. This's indicator develop form RSI(14) and Sto(50) How to use RED : Bearish YELLOW :...
GBPUSD / 3m BTCUSD / 5m This is an indicator used to know the tops and bottoms of the market. The logic is simple. 1. find out whether the current price is above or below the past by a very slow stoch. 2. Find out if the RSI is overbought or oversold. 3. Combine these two conditions and find out if the current price is tops or bottoms than it was in the...
This Oscillator is another version of my previous Oscillator Cyber Momentum … in this version the CCI formula added to the core calculation therefore there is small differential behavior rather than Cyber Momentum because of different calculation methods … But both of them are in the same concept; the most optimized signals are those that are in confluence of...
This oscillator is the combination of different settings RSI , RSX , STOCHRSI , MSI ,... in a Stochastic function that can help traders to understand the weakness and strength of momentum in candle sticks in different time frames. This oscillator organized by three Line , control zone and Divergence Line 1:) Fast Line 2:) Slow Line 3:) Heavy Line 4:) Neutral...
2 indicators in 1. Included Indicators are: - Correlation Coefficient - RSI Basic usage of these indicators respectively are: - CC value of 1 represents a perfect correlation, while a value of -1 represents an inverted correlation. - RSI values above 70 is commonly overbought, whilst below 30 is oversold. Please recognize that these are simplified...
Most Advanced & Accurate CandleStick Pattern Detector Looking All Over of All Markets for All Important Powerful Reversal | Corrective Patterns (25 type) Filtering the Results with Optional Features like Oscillator, Bollinger Bands, Volume Confirmation, Prior and Following Candles Confirmation which are Fully Customizable. With this you can detect: Hammer...