veryfid

Center Of Gravity Oscillator

The COG Oscillator (center of gravity ) is an indicator based on statistics and the Fibonacci golden ratio. It uses ALMA as a trigger and LSMA as "zero line". The trigger is set tight by default but can be tweaked by adjusting the window size and sigma in settings. This is a great indicator for setting up trades and spotting reversals. There are 2 main strategies that come with this indicator:

Strategy 1: Long positions are entered when current low point is higher than previous low. Short positions are entered as current high is lower than previous high. (Shown in image above)

Strategy 2 : If market is bullish long trades are entered as COG line crosses over red LSMA line. Traders have the option of scalping the first crossover or even scaling out of trade to close on second exit. This works the opposite for shorts when market is bearish .

Above shows different configurations of the indicator. Top shows length of 50, Middle has length of 21 and bottom is default 9.
Phát hành các Ghi chú: Added some extra features that can be turned on in settings:
- Fibonacci Levels
- RMA smoothing
- High/Low levels
- Price line (helps identify price breaking previous high/low)
Phát hành các Ghi chú: Added 2 new themes : Fibonacci and Fibonacci 2
Phát hành các Ghi chú: Added "clean" theme. This theme is the same settings I use, cog length: 9, smoothing on with smoothing length: 9. It also uses SMA as the trigger.Sometimes I also use cog length: 50 to find more significant pivots.
Mã nguồn mở

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Bình luận

Thanks for this sir.
Can i use this to find divergence sir?
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veryfid baddymr
@baddymr, Hi, yes this works great for detecting divergence and hidden divergence.
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Awesome Script, well done.

When I use the Daily timeframe, the Red LSMA line Disappear, using length of 9, 27 and 50, any idea what's happening?

#Update1: I was using it on UPST Stock, maybe cuz its doesn't have enough Data? for other older stocks, I see the Red LSMA! What could be done then for UPST and similar "newer" stocks?
Thanks!
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veryfid igenena
@igenena, Hi, the red line uses a length of 200 bars so if the chart does not have 200 bars it cannot make a plot.
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This indicator is hands down the best indicator on Trading View
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veryfid brottman
@brottman, Hi thanks! Have you checked out Boom Hunter Pro?
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brottman veryfid
@veryfid, I have, but I prefer the clean look of COG. That and I don't fully understand Boom Hunter Pro. I've gotten very in-tune with COG and it's helped my chart reading skills.
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veryfid brottman
@brottman, In my opinion COG is the best indicator for reading charts and its great to hear you are comfortable with it. Boom hunter pro uses COG with filters. It works as a short term COG to highlight bottoms and tops. In my opinion it is by far the best indicator for finding entries, exits and riding trends.
Check out these incredible entries:
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brottman veryfid
@veryfid, I will definitely have to spend more time with it. Thanks for all your amazing Indicators!
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veryfid brottman
@brottman, It is definitely worth the time. It the most profitable indicator I have made and has the highest success rate too. Thanks for the comments and good luck!
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