This signal is a "breakout signal" and should only be used when price breakout off a pattern / Trendline / resistance line. It can be used on all timeframes, but the higher the timeframe, the more power the signal has. Some rules. 1. Wait for a candle close / Period, on the timeframe you are using the signal on. This helps prevent fake signales. 2. If there has...
Hello all This indicator helps you to find spread between scripts. Very much helpful for finding spread of script with relative future script. (Index or Stocks). The are two methods to find spread – 1. Divide 2. Difference You can select your choice from indicator settings.
This is what I call the advanced RSI. It employs Bollinger bands on the RSI itself, in order to better highlight extremes that are still within the typical 30-70 range on. You'll notice some background highlights. These are simply to mark the extremes. Orange marks your standard overbought, Red marks oversold. Fuchsia marks an RSI outside the lower deviation...
Just that its the distance from the peak literally. jbsjkf iusdfiueh uehfiweuhf uhfeiuhwe iuhwefiu wefuhweiuf iufheiuwhf iwehfiuew iuhfwih
While the public library is second to perhaps only the Library of Alexandria; I couldn't find the "Jan Brady" of 3 RSI's, a simple and plain ordinary and clean set up to work with. New to Pine and needed the practice :)
The Stablecoin Supply Ratio (SSR) is the ratio between Bitcoin supply and the supply of stablecoins, denominated in BTC. When the SSR is low, the current stablecoin supply has more "buying power" to purchase BTC. It serves as a proxy for the supply/demand mechanics between BTC and USD.
This is a special calculation of KDJ indicator. As you may know this is based on stochastic indicator. Stochastic indicator is a method to normalize a trending time serie (here price). the calculation of stochastic itself is a built in function in pine but it is straight forward: In sudo code: RSV for n days=(Cn-Ln)/(Hn-Ln)×100 In which, Cn is the closing price on...
This indicator is an implementation of a circular barplot aiming to return the market sentiment given by multiple normalized oscillators. These include the relative strength index (RSI), Stochastic %K (%K), Linear Correlation Oscillator (ROSC), William Percent Range (WPR), Percent Rank (%R), and money flow index (MFI). The length period of each of these...
The Stochastic Relative Vigor Index was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pgs 84-89) and this of course is very similar to the Ehlers Fisher Stochastic Relative Vigor Index I just published. In hindsight I probably should have published this one first but just like with the other script this is a stochastic version of a Relative...
Oscillator %b indicator apply Bollinger Bands on Oscillator Line, and calculate %b to define Buy and Sell signal with detail as below === 1. Oscillator Type and Parameter 1.1 RSI (56) on H1 Timeframe 1.2 Stochastic (56,3,3) on H1 Timeframe 1.3 CCI (56) on H1 Timeframe 1.4 MACD (48,104,9)) on H1 Timeframe 1.5 AO (20,136) on H1 Timeframe === 2. Signal ...
This is proof-of-concept for using single screen displaying triggering signal of multiple stock/crypto This source code is subject to the terms of the Mozilla Public License 2.0 at mozilla.org 1. Original CDC Action Zone v3 2020 by © piriya33 Source of original indicator : 2. Table concept/part of code is pulled from Portfolio Tracker ...
The Fisher Stochastic Relative Vigor Index was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pgs 101-104) and this is a many layered indicator created from his original Relative Vigor Index turned into a stochastic and then performing a Fisher transform on the results. I have included extra smoothing to provide clearer buy and sell signals as...
Level: 1 Background GET wave theory indicator series contain a indicator called wave oscillator. Function This is a modified version of GET wave oscillator with enhanced moving averages which alleviate lag issue to some degree. The feature of it is that it includes overbought and oversold band with dynamic values for indications. Labels and alerts are...
Introduction The Reverse Cutlers Relative Strength Index (RCRSI) OC is an indicator which tells the user what price is required to give a particular Cutlers Relative Strength Index ( RSI ) value, or cross its Moving Average (MA) signal line. Overview Background & Credits: The relative strength index ( RSI ) is a momentum indicator used in technical analysis...
This script is based on the Stochastic RSI indicator. Candles are dynamically colored with a customizable RGB shading directly generated from the average Stochastic RSI current value. By default, colors represent the following status -> green is overgought & red is oversold. Options: Shading colors: Choose between Red/Green, Green/Blue, and Blue/Red...
The Cycle Period was created by John Ehlers and this is yet another version that shows how to calculate the current cycle period which is the approximate amount of days between a current peak or valley and the next peak or valley. I would not recommend this for trading since it is more for informational use only but I would try experimenting with this output to be...
The Mesa Spectrum Dominant Cycle was created by John Ehlers and this is the foundation for many indicators he created that would later follow. This is his updated version of his original Mesa algorithm and I do not recommend this indicator as a stand alone for trading. This is more of an informational indicator that will tell you the current dominant cycle period...