"What is the Commodity Channel Index (CCI)? Developed by Donald Lambert, the Commodity Channel Index (CCI) is a momentum-based oscillator used to help determine when an investment vehicle is reaching a condition of being overbought or oversold. It is also used to assess price trend direction and strength. This information allows traders to determine if they want...
OBV is the 'On Balance Volume' indicator and is part of the 'keeping it simple' series that have a similar color scheme. the OBV measures buying and selling pressure as a cumulative indicator, adding volume on up days and subtracting it on down days. The OBV can show divergences or confirm trend.
Macdie is the MACD 'Moving Average Convergence Divergence' indicator and is part of the 'keeping it simple' series that have a similar color scheme. MACD is based on the difference between two moving averages calculated for different periods, typically 12 and 26. The MACD can show trend and strength of an asset while also showing Divergences.
Stochie is the StochRSI indicator and is part of the ''keeping it simple' series that have a similar color scheme. The Stochastic RSI technical indicator applies the Stochastic Oscillator to values of the Relative Strength Index (RSI). The indicator thus produces two main plots FullK and FullD oscillating between oversold and overbought levels. The StochRSI can...
Marsie is an EMA-RSI indicator and part of the 'keeping it simple' series that have a similar color scheme. The RSI 'Relative Strength Index' is a momentum oscillator, measuring the velocity and magnitude of directional price movements. it is measured from 0 - 100 with 30 and 70 being low "oversold" and high "overbought" conditions. It is also commonly used to...
Borjas Tarh Ranger This indicator has a Light ( Low TF ) and a Heavy ( High TF ) lines which are based on Stochastic Calculations. Best used for Ranging price action . Light > 80 => Purple Color Light < 20 => Aqua Color The Heavy can be Support or Resistance for the Light. Also, you could spot Divergences on both of them. Besides, the EMA can...
Borjas Tarh Trender This indicator has a Light ( Low TF ) and a Heavy ( High TF ) lines which are based on RSI Calculations. Best used for Trending Moves . Light > 80 => Purple Color Light < 20 => Aqua Color The Heavy can be Support or Resistance for the Light. Also, you could spot Divergences on both of them. Besides, the EMA can be used...
This script can be used with candlesticks, accompanied with " RSI + Divergences" The calculation is different than my "Divergences (Pivots)" Thank you!
How do i use this script? Firstly, be sure that you have done your research on what divergence is. The oscillator will automatically mark all types of divergence and has coloured 'over bought' and 'oversold' levels at 30 and 70, although reliable, be sure to use other Technical Analysis before entering trades. Thank you.
// This source code is subject to the terms of the Mozilla Public License 2.0 at mozilla.org // © 03.freeman //This is indicator from LazyBear is very accurate for stocks and indexes. //I added some code snippets for spot and draw divergences automatically // // @author LazyBear // // Best use with daily time frame. Enter when a divergence is found (Bull or...
Simple and beautiful real time RSI Divergence Histogram. Defined and highlighted "overbought" and "oversold" RSI-levels set in the input section of the indicator. Tiny triangle marker shows pivot high and low. Plotted Bearish and Bullish Divergence with a colored line in real time. Yellow triangle shows overbought with bearish candlesticks and oversold with...
Simple and beautiful RSI Divergence Histogram. Defined and highlighted "overbought" and "oversold" RSI-levels set in the input section of the indicator. Tiny triangle marker shows pivot high and low. Plotted Bearish and Bullish Divergence with a colored line. Yellow triangle shows overbought with bearish candlesticks and oversold with bullish...
This is a new version of my "Divergences" Compared to my "Divergences (Pivots)", this is calculated totally different There are 3 options: - MACD - RSI - Stoch RSI Since this script is very heavy in calculation it is limited in time (= inspired from a script of "Che_Trader") Also it uses "max_bars_back" (=1000) For MACD and Stoch RSI there is a "custom...
This indicator looks for divergences between price (close) and the indicator of your choice. You can see which indicators are supported further down. I discovered that there are 2 slight variations on how to calculate divergences in Pinescript, so I used both in this script. Benefit : The accuracy of divergence detection becomes much higher. Tradeoff : Some...
This is a good divergence indicator, in very short timeframes for the intraday trader who wants to get that bounty. Ladies and Gentlemen, This is Mark 47.
🔗Blockchain Fundamentals - MCCD - Miner Capitulation & Convergence Divergence (a.k.a. Hash Ribbons) Intro Miner Capitulation has been talked about alot recently in the news and on twitter. I wanted to join the in fun and add my own spin on things. Description This shows the 30 (yellow) and 60 (orange) day moving average of the hash rate of bitcoin. I...
So my goal here was to combine all of my RSI ideas into a single indicator in order to make kind of a "Swiss Army Knife" version of the Relative Strength Index...
Hello traders Continuing deeper and stronger with the screeners' educational serie one more time I - Concept This is the first flexible screener I'm releasing. Screener detecting a convergence whenever the MACD and MM cross are giving a signal in the same direction. Those who know me from TradingView ... are aware that I'm big on convergences. I totally think...