Hi everyone,
There are a lot of possible ways to look at markets and find valid patterns.
This time, I've looked at how shorter time frames deviate from the overall price consensus.
What you're seeing here is a range-bound difference of the lowest time frame from the overall price consensus (baseline), represented as blue line.
When lower time frames agree...
Finally made this work as desired, time to publish another super useful script in the tool set for my methodology. This indicator easily shows when the market is moving as a CHOPPY market so that traders either don't take position or be very cautious with their positions.
One of the last tools I forgot to publish till today. This is a Volatility Index Oscillator that uses a custom and original formula. This tool will be used hand in hand with's momentum one to easily identify the trend reversal points before it actually happens !
This another one of the tools I missed publishing till today, this is a momentum indicator of volatility index (original formula), it will work hand in hand with volatility index oscillator (will publish right after this one) to easily identify divergences just before the market's direction change !
TOP GOON indicator
Inverse Fisher Stochastic + Momentum
If you know range rules you will love the TGI
Midpoint+ is BULLISH
Midpoint- is BEARISH
Cyan+ EXTREME BULL
Yellow- EXTREME BEAR
Watch Cyan/Yellow to break for volatility
new versions will be made and updated hear :)
TG is shown on the bottom
Momentum Index by @satoshiheavy is above that
and on top...
Trend index may generate good signals to trade, however, I still need a supportive indicator to choose better entry and exit times. Stochastic Trend is calculated based on my trend Index indicator.
You can look at my other scripts.
www.tradingview.com
If you want to ask something, you can message me.
Playground file for implementing MACD with threshold values while visualizing the persistence plot, which counts the amount of spent bars since the MACD delta crossed 0 value in either way.
A good indicator for TA based on a smoothed Linear Regression and displayed in two ways, as histogram and as a crossover lines
The histogram shows a better view of the trend
The lines confirms the trend when the crossover is happening
Alerts are added
Enjoy!
@ Zekis
Comparing BTCLONG and BTCSHORTS RSI on BITFINEX
+MTF
+RSI
+Difference
Simple indicator to show long/short contract association, including relative difference.
Credit to the great @Zoen Triste for his original script at:
I just amend it for the Daily, 4H and other time frames. The main function of the Daily 9EMA (pink line) is to easily distinguish the big trend. It is also for multi time frames dynamic support / resistance when trading using tf lower than Daily, without having to toggle between the time frames....
Use 1
Buy=blue pin
Sell=red pin
Use 2
Buy= blue line above the red line
Sell=red line above the blue line
Use 3
Buy=blue line crosses any black line from bottom to top
Sell=blue line crosses any black line from top to bottom
![BTCUSD: [CR] BTCLONG_SHORT MTF RSI DIV](https://s3.tradingview.com/z/ZDAHLSzp_mid.png "[CR] BTCLONG_SHORT MTF RSI DIV")
