Hello, Publishing this simple indicator. What is it? The Trend Correlation Oscillator takes the concept of my autocorrelation oscillator but applies it simply to time instead of autocorrelation. It performs a correlation assessment to time. The theory behind it is the stronger the correlation, the more "exhausted" the trend and the more likely the trend will...
This code draws a custom indicator named "P/VF Boll" on the price chart with the following visual elements: 1. **Basis Line (Blue)**: This line represents the moving average value (ma_value) calculated based on the user-selected moving average type (SMA, EMA, or WMA) and length. 2. **Upper Bands (Green)**: The upper bands are calculated by adding a certain...
Title: RSI-Volume Oscillator Quick Scalping Indicator Description: The "RSI-Volume Oscillator Quick Scalping" is a powerful and versatile custom indicator designed for traders who engage in scalping strategies. This indicator combines the Relative Strength Index (RSI) with a Volume Oscillator to provide valuable insights into momentum and volume dynamics in the...
Trading effectively requires a range of techniques, experience, and expertise. From technical analysis to market fundamentals, traders must navigate multiple factors, including market sentiment and economic conditions. However, traders often find themselves overwhelmed by market noise, making it challenging to filter out distractions and make informed decisions....
The indicator shows probability of a moving average non reversal at certain moment of day. IMF_Predict line shows the probability of a reversal for the specified period. moving average - period/2 shifted sma of typical price ( (close+high+low)/3 ). Parameters: Number of days - previous days to calculate the probability SMA filter period - chart smoothing...
Anit Momentum Indicator: A Powerful Trend Continuation Tool for Long-Only Strategies The "Anit Momentum Indicator" (AMI) is a powerful technical analysis tool designed to assist traders in identifying potential trend continuation opportunities in the financial markets. Unlike traditional trend reversal indicators, AMI is specifically crafted for long-only...
The central aspect of this indicator is the computation of a normalized close price. The normalized close price is computed by first determining the highest and lowest closing prices over a specified historical period. This highest and lowest value form the boundaries of the historical price range. Once these bounds are established, the current closing price's...
This is advanced version of Cumulative trend Indicator. The "Advanced Cumulative Trend" indicator calculates the strength and direction of a market trend by incorporating volume and volatility adjusted price changes. It uses various time frames to compute intermediate metrics such as price change, intraday volatility, and volume adjustments. Traders can customize...
I have designed a "Price Acceleration" Indicator (PAI). It tracks the second derivative in price movements. This is different from ROC as that one measures Price Velocity rather than Acceleration. This Indicator should give you an idea of when the steam has come out of a move, or when one is getting started. For example, if RSI is reaching overbought, and PAI is...
This indicator has a structure that combines daily and weekly pivot levels, moving averages, and strength index-linked oscillators. The purpose of the indicator is designed to analyze price movements and identify potential trend reversals. Daily pivot levels are helpful in identifying critical support and resistance zones, while moving averages and oscillators...
This is a conceptual strategy intended for E-mini S&P 500 futures with hourly bars. It uses three signals, going long or short when two or more change in the same direction. First is MACD. A positive oscillator is considered a bullish signal and a falling oscillator is interpreted bearishly. Next, stochastics are used as an overbought/oversold indicator....
Buyers & Sellers / Range Volatility oscillator that measures the relationship of Buying & Selling Pressure to True Range. In other words, how much % Buyers and Sellers separately occupy the Bar BSP is a part of Bar Range. Entire bar metrics will always have bigger value than its composite elements (body and wicks). Since there will be NO chance of BP or SP...
Intuition: The Pseudo-Entropy Oscillator with Standard Deviation (PEO_SD) was created to provide traders with a way to analyze market momentum and potential reversals. It combines the concepts of entropy, standard deviation, and moving averages to offer insights into market behavior.The oscillator's core idea is to measure the pseudo-entropy of the market using...
The motivating intuition behind this: The principles behind the decomposition of sound can be extrapolated to other types of data, such as stock price movements or time series data. Sinusoidal (Sine) Components: These could correspond to long-term trends in the stock market, similar to how a sine wave has a consistent and predictable pattern. These might be driven...
The code calculates the "Price Coefficient" (PC) and "Volume Coefficient" (VC) for three different lengths. PC is calculated by taking the difference between the current price (close or TP) and the simple moving average of the price, divided by the mean absolute deviation around the (MAD) of the price. VC is calculated by dividing the current volume by the simple...
This script is used decide weather stock is overbought or oversold in given length/days from the settings. using close difference from ohlc4 moving average ratio. Settings Available 1) moving average length 2) Highest / Lowest ratio length 3) Difference Between Highest and Lowest Line this script plot/display 4 lines 1) highest difference from moving...
Introducing a new indicator for the TradingView community based on the MACD indicator! This innovative tool goes beyond traditional MACD signals by analyzing positive and negative waves to determine the average height of the waves to filter false cross-over or cross-under signals during the sideways market. There are two types of waves created by the MACD line,...
Alright, let's dive into this script, which I like to call 'StDev RSI+'. It's a unique take on the classic Relative Strength Index (RSI), a popular tool among traders that helps identify potential overbought or oversold conditions in a stock. But what makes our StDev RSI+ special is how it normalizes price changes against the standard deviation, taking into...