Experimental. In regular scenario divergence calculation follows these procedure Pivots on price are considered as primary source They are compared with pivots on oscillators Trend bias of price is used This is an experimental version where Pivots on oscillators are considered as primary source They are compared with pivots on price Trend...
Regression Curve with Normalized Angle plots the Linear Regression Curve and the Pearson correlation coefficient to allow a visualized direct comparison of the two over a user defined lookback period. The Pearson correlation coefficient can be used to identify trend without the need to chart the Linear Regression line. As seen in the Crude Chart, Linear Regression...
The Spread Differential tries to measure the speed of the market in any given direction. The histogram plots levels above or below zero in a sequence of Humps and Waves. Humps are repetitions of the previous trend before dropping to or near 0 whilst Waves are similar to Humps but the histogram must drop to or near 0 prior to forming another wave. You might notice...
Modified version of Presented here is code for the "Directional Movement w/Hann" indicator originally conceived by John Ehlers. The code is also published in the December 2021 issue of Trader's Tips by Technical Analysis of Stocks & Commodities (TASC) magazine. John Ehlers is continuing to revamp old indictors with Hann windowing. The original script uses...
Relative Strength show the quotient (ratio) between a numerator (Your Security) and a common denominator (SPX, BTC, ...). I inspired myself from already established indicators. But I've made my own because I had some issues with others. Sometimes the moving average weren't fixed but where floating through the window. Sometimes the colors (Up, Down) were...
This script lets users create BUY/SELL alerts for 3commas composite bots (1 alert = 12 pairs) in a simple way, based on a built in set of indicators that can be tweaked to work together or alone through the study settings. There is a version of this script for single pair bots, with slightly more features here . If the user choses to create both BUY and SELL...
experimental: a basic method to evaluate stock dividend periodicity. known issues: * it does not adapt well to changes in periodicity, if there is a big enough change on the dividend period plan.
Usually stocks move with Indexes and against Vix, so with this script you can compare and see how strong is the price movement of an asset. Try to find what Index (e.g. SPY, QQQ, IWM) and Vix (e.g. VIX, VXN, RVX) fits better for selected symbol. If price moving in the upper channel = price movement is strong. If price moving in the lower channel = price...
~~~All Credit to LAZY BEAR for posting the original Script which is an old MT4 indicator.~~~~ No this system does not repaint... if it does let me know. Either the code is wrong or you are using a repainting chart such as renko candles. *PURPOSE* This Is an "Enhanced or Smoothed" version of the script that captures the heiken-ashi closing price as its main...
The Balance of Power is an indicator that measures the strength of buyers versus that of sellers in the market, and needs to be smoothed by a moving average to be of much practical use (come to think of it, most indicators are smoothed by a moving average; this is why the RSI lookback mostly commonly used is 14, and not 1, but I digress...). I suppose it is...
This script pulls the Michigan Consumer Sentiment from Quandl This script also indexes the sentiment score from 0-100 on a 1 year lookback to help visualise extreme highs and lows that may indicator turning points.
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...
This Script was wrote to backtest, in its current form it appears to be unprofitable
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 :)