Schaff Trend CycleThis indicator was originally developed by Doug Schaff in the 1990s (published in 2008).
Oscilador Estocástico
RSI / Stoch / SRSI / MFI / Aroon Overlay [SigmaDraconis]Combines 4 popular indicators (RSI, Stoch, SRSI, MFI) and 1 peculiar one (Aroon) in 1 for those who want to save indicators but not only.
This is an evolution of my (simpler) "RSI / Stoch / Stoch RSI (SRSI) Overlay " that you can find on my scripts.
Added bands for oversold/overbought areas (70/30 common for RSI and 80/20 for SRSI and MFI), as well as a middle 50 horizontal line.
Neutral bands around 55-45 added as well that can be hidden for less clutter. I also recommend a more transparent coloring for these since Pine script doesn't allow default transparency for horizontal lines.
By default only RSI and Stoch are activated, you can activate Aroon, MFI and SRSI on the inputs window.
Some extra notes:
* RSI, Stoch and MFI can help to strengthen one's decision as well as Aroon to predict a possible trend reversal, SRSI can show when RSI has high probability of being topped or bottomed when oversold/overbought but don't forget to look at volume and how the trend progresses that can keep SRSI above 80 or below 20 while RSI and price continues to trend, divergences are most helpful here to find possible reversal areas.
* This chart depicts some interesting divergences, as well as Stoch tops and bottoms and confluences between RSI/MFI and Stoch on some over-extended tops and bottoms that shown being good reversal zones.
RSI resistances are shown as well, failing to break above 60 or the neutral zone (this is a bearish BTC trend chart after all) or failing to gain support to break up certain levels (RSI notes a more bullish trend when consistently above 60 and more bearish below 40).
If you like it and use it to profit, please tip me below :)
Tip jars:
BTC: 15nMBiEGVrdGcu9C1h6QRcTNRvugHkqrMQ
ETH: 0xC33845946c48B61fBCbEA0367ec2238CaF2b73bc
BTS: sigma-draconis
Inside Bar Alert I need help!!! I created the alert but it triggering during the formation not once it has printed. Does anyone know who to make it trigger the alert once the inside bar is complete and make it plot an arrow when the inside bar has formed?
My Script with stoch and bb
I created a script to buy / sell when stoch oversold, overbought and BB when the price is above the upper BB and falls below it.
I want to combine with rsi but I do not know how to do it
and I want to put SL to avoid the trap of market.
Do you have any way to help me optimize the scirpt?
Stochastic MomentumStochastic Momentum adds shorter and longer term Stochastic movements on the same chart to indicate relative momentum for short and slightly longer term outlooks.
Can be used like a regular Stochastic indicator for overbought / oversold levels, divergence and additionally also the crossing of the shorter (blue) and longer (orange) levels.
It is a leading indicator and often signals early moves of momentum, which may or may not translate into the same price movements.
Slow Stochastic-newnothing fancy here, just some modification to the old stoch to make it more realistic
Stochastic CG Oscillator (Center of Gravity)Stochastic CG Oscillator (Center of Gravity) script.
This indicator was originally developed by John F. Ehlers (see his book `Cybernetic Analysis for Stocks and Futures`, Chapter 8: `Stochasticization and Fisherization of Indicators`).
Ehlers StochasticEhlers Stochastic script.
This indicator was originally developed by John F. Ehlers (Stocks & Commodities V. 32:1: Predictive And Successful Indicators).
Historical Stochatic (HS) [cI8DH]This indicator calculates historical stochastic (HS). It also includes the standard stoch. HS works similar to the standard stochastic . The difference is that the standard stochastic has a set look-back period, while HS looks as far back as the first bar. This allows identifying ATHs and ATLs (background highlights green and red respectively). Basically, HS shows inverse retracement from ATL to ATH in percentage.
This indicator works best on non-range bound indicators such as MACD. As you can see in the chart below, MACD is not useful to compare against periods that price is wildly different. Applying HS on MACD fixes this issue (To achieve the same results, add MACD indicator > change the source to MACD on HS settings > since MACD is a smoothed indicator, smoothing length is set to 1. To get similar smoothing length on the signal as in standard MACD, set %D to 5 smoothed MA which is equivalent to 9 EMA smoothing on standard MACD).
Gain/Loss Moving Average (GLMA) is another indicator that can benefit well from HS. GLMA is the simplest and probably the most accurate momentum indicator. But it is not as convenient as RSI since it is not range bound. HS can make it range bound without compromising its accuracy. (To achieve the same results, add GLMA indicator > change the source to GLMA on HS settings > set %K length to 1).
Chart below shows HS applied to Accumulation/Distribution Money Flow (ADMF) and compares it against its range bound counter part, ADP.
Conclusion:
There are different ways of making an indicator normalized or range bound. Some indicators use RSI's approach (positive changes MA / all changes MA) such as MFI, CMF, ADP. This approach is great but the divergence near extremes can sometimes be misleading. HS fixes this problem as long as the indicator is not making a new ATH or ATL . When it does make new ATH or ATL , this indicator gives a warning to avoid using it for detecting divergence.
PS:
It is a bit geeky to apply HS on other indicators. I will publish some of my indicators with HS and standard stoch built-in. So stay tuned if u r interested in this indicator.
Read more here about using stochastic
www.tradingview.com(STOCH)
Stochastic Rainbow [SHK]Stochastic Rainbow consists of 8 stochastic oscillators with different speeds. So It has lower noises and better visualization comparing to simple stochastic.
I welcome comments, suggestions.
3x Stoch on Given Time-frame v0.13x stochastic oscillators (K only), set the timeframe you want the stoch to be based off.
Smooth and length is hard-coded to give easy view of the time-frame set in the indicator arguments shown on-chart. Edit these in the Pine Editor as needed.
smooth = 6
length1 = 5
length2 = 8
length3 = 14
Stoch Momentum Index* Original code from UCSgears.
* Added circles for when Stoch MI and signal line crosses.
Inverse Fisher Transform on STOCHASTIC (modified graphics)Modified the graphic representation of the script from John Ehlers - From California, USA, he is a veteran trader. With 35 years trading experience he has seen it all. John has an engineering background that led to his technical approach to trading ignoring fundamental analysis (with one important exception). John strongly believes in cycles. He’d rather exit a trade when the cycle ends or a new one starts. He uses the MESA principle to make predictions about cycles in the market and trades one hundred percent automatically.
In the show John reveals:
• What is more appropriate than trading individual stocks
• The one thing he relies upon in his approach to the market
• The detail surrounding his unique trading style
• What important thing underpins the market and gives every trader an edge
About INVERSE FISHER TRANSFORM:
The purpose of technical indicators is to help with your timing decisions to buy or sell. Hopefully, the signals are clear and unequivocal. However, more often than not your decision to pull the trigger is accompanied by crossing your fingers. Even if you have placed only a few trades you know the drill. In this article I will show you a way to make your oscillator-type indicators make clear black-or-white indication of the time to buy or sell. I will do this by using the Inverse Fisher Transform to alter the Probability Distribution Function (PDF) of your indicators. In the past12 I have noted that the PDF of price and indicators do not have a Gaussian, or Normal, probability distribution. A Gaussian PDF is the familiar bell-shaped curve where the long “tails” mean that wide deviations from the mean occur with relatively low probability. The Fisher Transform can be applied to almost any normalized data set to make the resulting PDF nearly Gaussian, with the result that the turning points are sharply peaked and easy to identify. The Fisher Transform is defined by the equation
1)
Whereas the Fisher Transform is expansive, the Inverse Fisher Transform is compressive. The Inverse Fisher Transform is found by solving equation 1 for x in terms of y. The Inverse Fisher Transform is:
2)
The transfer response of the Inverse Fisher Transform is shown in Figure 1. If the input falls between –0.5 and +0.5, the output is nearly the same as the input. For larger absolute values (say, larger than 2), the output is compressed to be no larger than unity. The result of using the Inverse Fisher Transform is that the output has a very high probability of being either +1 or –1. This bipolar probability distribution makes the Inverse Fisher Transform ideal for generating an indicator that provides clear buy and sell signals.
ShortSqueeze StochasticOscillatorHey!
I made a StochasticOscillator with BITFINEX:BTCUSDLONG & BITFINEX:BTCUSDSHOTS
Hope you enjoy it, and remember it's not about the asset's price, but about the asset's interest with these finantial tools.
Stochastic (Double-Smoothed Bressert)Bressert's Double-Smoothed Stochastic formula, with some extra features. Visual highlighting of overbought/oversold values with dots. On intraday charts you can optionally show the Daily Stochastic instead of using the minutes/hours data.
3 in 1 (BB, Stoch ,rsi) with alert On the chart there are the BB with purple and green circles to give the entry signal once the price has come back in the bands.The background alert appair when BOTH RSI and STOCH are in overbuy or oversell. the defalt is 20/80 but can set it by yourself.
5 in 1 (rsi,aroon,stoch,macd,adx di)5 indicators in 1.
You can choose wich one you want to see (rsi ,aroon,macd,stoch or adx di)
Usefull to save space for other indicators
Willams %R with 13 EMA and middle pointWillams %R with 13 EMA and middle point. It also uses the textbook formula instead of the Tradingview one.
RSI AND SMOOTHED STOCH RSI TOGETHERi dont know pine script but here i used some free ones and merged them and modified some
especially smoothed stoch rsi is Good to decide when buy coz i modified it and when fast K value is over D value it changes color
visually better this way
also rsi is shown as area o histogram but if u dont like u can change to line
for stoch rsi i unclick xtrigger (d value) for better appearance
BTCUSD long vs short ratio+rsiJust a script I want to share with friends on a discord
orange/green line : longs vs short ratio (100 = only longs, 0 = only shorts)
purple line : RSI of (longs-shorts)