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...
Dear Followers, today a new great Scalper Tool , which works excellent on all timeframes and charts , both FOREX and Cryptocurrencies! It alerts you when a new divergence has been spotted on the chart based on your preferred oscillator or set of oscillators ( yes, you can combine them! ) Here the list of currently supported oscillators (more in the future): ...
Dear Followers, today a new great Scalper Tool , which works excellent from 1 minute timeframe Renko chart , which is the best and more secure timeframe to use on a Renko chart. But of course it works great on all timeframes (included the 1D timeframe)! This tool has some cool features: it works on all timeframes , starting from 1 minute: so you can enjoy...
Periodic volume oscillator helps you to track volume of the selected period. Let's say you are analysing in 1H chart and your periodic volume is set to Daily. You can easily see what's the volume of the daily chart. You can select period from 1 minute to 1 month. Disclaimer: This is not financial or investment advice I often share ideas and scripts. Remember...
Indicator shows divergences between price and volume behavior. It has three options of showing divs in OBV osc. behavior, and OBV (Highs and Lows or Closes - are the sources). U can also turn on/off option of using premium index as additional criterion.
Welcome. We're pleased to release 0x Index. This indicator is based on 7 separate indicators, which combine to make a weighted index of momentum. In addition, the signal is filtered with Ehlers constant with a super-smoother. Said simply, this indicator is made to help spot STRONG divergences in price momentum in accordance with 7 separate indicators in one...
MACD is about a relationship between two Moving Averages. Visual Macd draws these two moving averages and shows MACD with color on them. It is helpful for understanding MACD.
This indicator is meant to trigger your attention to possible regular divergences. As soon as the indicator prints a red or green background, a bearish or bullish regular divergence could have formed. The divergence is determined between the close values of price and the corresponding values of the underlying plotted baseline indicator. As baseline, you can use...
This is a double smoothed stochastic RSI . Stoch RSI is a very good indicator but it can sometimes give the trader false indications because of its jagged (noisy) motion. There is a lot of filters out there that can give a good result but it very often it also adds unacceptable lag. And lag is delaying your decision-making. This filter is ideal to clean up common...
Awesome Oscillator (AO) determines market momentum at a given time on the last 5 bars, comparing them to the momentum on the last 34 bars. There are many ways it can be used but in a nutshell, it quickly shows the current bearish/bullish trend (green = bull, red = bear). The background is highlight red/green to highlight bars matching the "Saucer" criteria (1 of...
This script is VWAP version of my MAC-Z indicator: Right now it is my personal favorite. You can use it to spot divergences in both histogram and on the MAZ-Z line. You can also trade the MAC-Z line and its signal line crossovers. It also has MACD Leader crossover built in. MACD leader crossovers is indicated with a vertical line. Green for bullish and red for...
Hello traders Hope you had a great Thanksgiving Now it's my turn to give and all I ask in return is you to be thankful (did I get the "Thanksgiving" thing right?) The Currency Strength Indicator plots an average of the selected FX pairs in the indicator. Someone asked me if I could develop an alternative of that script adding a divergence component. The...