This indicator is very good at finding potential reversals. It is not intended as a "stand alone" solution, and is best used in combination with a knowledge of price action, market structure, multiple timeframe analysis, your particular asset class, and other indicators. Simply following the signals has no guarantee of success The smaller triangles indicate that...
//@version=4 study("4-Hour Timeframe Strategy with Enhanced Mean Reversion", overlay=true) // Moving Averages Settings ema5 = ema(close, 5) ema10 = ema(close, 10) // RSI Settings rsi_length = input(14, title="RSI Length") rsi_oversold = input(30, title="RSI Oversold", minval=0, maxval=100) rsi = rsi(close, rsi_length) // MACD Settings = macd(close, 12, 26,...
█ 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...
🔶 Description: The "Trend Tide Oscillator " is a technical analysis tool designed to identify potential trend reversals and overbought/oversold conditions in the market. It calculates an oscillator based on the Commodity Channel Index (CCI) and then applies smoothing techniques to provide a clearer view of market momentum. 🔶 Key Features: Oscillator...
█ OVERVIEW Trade Scanner Pro is a trade signal generator based on my trend following momentum reversal system. It identifies a pullback and then confirms momentum exhaustion which produces a signal appearing as a set of suggested orders (horizontal lines) on the chart. The goal is to help traders capitalize on price momentum while simplifying decision making and...
UT Bot Stochastic RSI is a powerful trading tool designed to help traders identify potential buy and sell signals in the market. This indicator combines the Stochastic and RSI (Relative Strength Index) oscillators, two of the most popular and effective technical analysis tools, to provide a comprehensive view of market conditions. The Stochastic oscillator is a...
The Neutral State MACD {DCAquant} The Neutral State MACD {DCAquant} offers a nuanced interpretation of the classic MACD (Moving Average Convergence Divergence) indicator. By focusing on the neutrality of price movements, it serves to identify periods where the market lacks a defined directional bias, often seen as potential phases of accumulation or distribution...
The Giga Kaleidoscope GKD-C Derivative Oscillator is a Confirmation module included in AlgxTrading's "Giga Kaleidoscope Modularized Trading System." █ GKD-C Derivative Oscillator, a brief overview The Derivative Oscillator is a technical analysis tool used in trading that merges the concepts of the Relative Strength Index (RSI) and the double smoothed...
This is a multi-time frame trend direction indicator. It indicates whether the trend is ascending or descending across multiple time frames: 5M, 15M, 30M, 1H, 4H, and Daily. The logic is based on the positions of EMA12 and EMA26. These EMAs are smoothed with an SMA. Why 12 and 26, and why are they smoothed with 9? As you might surmise, these parameters are...
Triple EMA Distance Indicator The Triple EMA Distance indicator comprises two sets of triple exponential moving averages (EMAs). One set uses the same smoothing length for all EMAs, while the other set doubles the length for the last EMA. This indicator provides visual cues based on the relationship between these EMAs and candlestick patterns. Blue...
The Multi-Timeframe Momentum Indicator is a trend analysis tool designed to examine market momentum across various timeframes on a single chart. Utilizing the Relative Strength Index (RSI) to assess the market’s strength and direction, this indicator offers a multidimensional perspective on current trends, enriching technical analysis with a deeper understanding...
🔵 Introduction 🟣 Understanding Divergence As mentioned, divergence occurs in technical analysis when a stock's price behaves contrary to indicators on the price chart. Divergence can signify either a reversal of the stock's trend or a continuation of the previous trend correction. Divergences can act as reversal patterns or continuation patterns. Moreover,...
The MACD on RSI indicator combines elements of the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI). It calculates the RSI on a specified source with a customizable length, then applies two exponential moving averages (EMAs) to the RSI values. The difference between these EMAs forms the MACD line, visually representing the...
The "ROC Since Morning" indicator is designed for traders who wish to gauge the momentum of an asset from a specific time in the morning, allowing for a customizable analysis of pre-market and intraday movements. This indicator calculates the Rate of Change (ROC) from a user-defined hour, offering insights into how the price has moved since then. How to Use: Add...
The Giga Kaleidoscope GKD-C Momentum Candles is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System." █ GKD-C Momentum Candles The Momentum Candles indicator uses the difference between the closing and opening prices divided by the Average True Range (ATR) over 50 periods to calculate momentum. It sets upper and lower...
The Giga Kaleidoscope GKD-C Schaff Trend, Volty-adaptive RSX is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System." █ GKD-C Schaff Trend, Volty-adaptive RSX The "Schaff Trend Cycle Jurik Volty Adaptive RSX" merges sophisticated analytical techniques to offer nuanced insights into market trends and cycles, emphasizing...
The TrendLine Toolkit script introduces an innovating capability by extending the conventional use of trendlines beyond price action to include oscillators and other technical indicators. This tool allows traders to automatically detect and display trendlines on any TradingView built-in oscillator or community-built script, offering a versatile approach to trend...
The Giga Kaleidoscope GKD-C Composite Index is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System." █ GKD-C Composite Index The Composite Index is a sophisticated technical analysis tool that enhances the traditional Relative Strength Index (RSI) by incorporating momentum and multiple time frame analysis. It calculates two...