RSX is a "noise free" version of RSI, with no added lag. This is a port of a clone to Pine. Use this indicator just like RSI. I have set the default length to 14, feel free to experiment. You can reduce length with out worrying about jaggedness. Options page has all the configurable parameters. You can use the plot names to setup alerts. I have couple of...
Momentum of Relative Strength to index as used by Leaf_West. This is to be used with the companion Relative Strength to Index indicator Leaf_West Style. Make sure you use the same index for comparison. If you follow his methods be aware of the different moving averages for the different time periods. From Leaf_West: "on my weekly and monthly R/S charts, I...
A simple mash-up of the On Balance Volume (OBV) indicator with the Fisher Transform indicator (blue) with the classic Fisher Transform signal trigger (silver color), plus a linear regression as a second signal line (red). I recommend to use a period for the linear regression which has the same speed or is slower than the period of the Fisher Transform to avoid...
RSI Momentum By Ricardo Santos and JR This system is a clash of two indicators, Momentum and RSI. Strength of signals are viewed by both height and color. Dark Green or Light Red bars signal strong momentum. Light Red bar signals and Green bar signals reach an apex at the top of the indicator pane.
Standardised MACD - this uses the MACD indicator, but expressed as a percentage of Close price. This allows for the relative comparison between stocks which have different absolute values. MACD will give a high value to a high priced stock, whereas SMACD will represent stock performance in a standardised format, relative to the closing price of the stock. It...
EXPERIMENTAL: RSI Momentum Weighted Bands(cloud)
Hello Fellas, Hope you are trading fantastic and fine. Here is another setup from Steve Primo (Stocks) Setups. He claims this can be applied on any market, and you can. Primarily focused on Stocks and Futures market. NOTE : I DID CODE THE BOTTOM INDICATOR, NOT PUBLISHING IT, ITS JUST RSI(5) What did I change, ofcourse I don't publish what I find, There is a...
This will show you the MACD (no Signal Line) of the higher timeframes (up to 4h). Current Timeframe is colored blue, higher timeframes are colored from light gray to darker gray (you can change that).
BB Support + Histo mode ------------------------------- Code: pastebin.com Show enclosing BB Show Insync as Histo: v02 - Configurable levels --------------------------------- Small update to allow configuring the 95/75/25/5 levels. Latest source code: pastebin.com v01 - orginal description --------------------------------- Insync Index, by Norm...
Standard MACD modified to show the histogram in different colors for positive/negative. Ignore all the extra stuff in the chart, I didn't realize at this point I couldn't change it later!
Hello, Murrey Math lovers, Thanks for those who showed interest on this. Based on a request, I have updated the plot / candle coloring, for Version - 2. This has been in the queue for a while. There was a Glitch found with the Multiplier. Will Fix in the next version. The Current Version (and the previous version) only supports 1/8 fractions. Will not support...
This is my simple way to quickly see MACD signals without having the MACD taking up space. The one at the bottom is for display to show how this works. A crossover occurs when the arrow flips over. The position of the arrow tells you if it is currently above or below the zero line. You can change the script to overlay and have it show up above or below price...
This is a famous indicator I have seen used by many Forex traders in MT4 platform. This indicator uses the difference between EMA of "close" and EMA of "open" to form the oscillator lines (not just a convergence/divergence calculation between EMA of "close") Current market state is determined by which histogram is above zero line. For more confirmation, wait for...