Using RSI I use a system that helps judge momentum based on price action and rsi based on plots cyan is bull yellow is bear cross over technique is used when 3 lines cross over or under, and you get two confirmed momentum signals in a row thats a confirmed entry long or short to close you want two or three momentum signals opposing your trade to flip...
TGXV originally Top Goon(X) is a momentum based oscillator that ranged between -2-2 Use it as any normal momentum based oscillator TGXV gives you Bear trend signals and bull trend signals with their respected symbols the continuous dots are indication of trend momentum strength the more in a row you have the stronger the trend spotty and it is neutral if...
This indicator calculates and displays 31 momentum lines between "min period" and "max period". Positive momentum is calculated using the high value. negative momentum is calculated using the low value. smooth factor is used for smoothing values. "ema(ema(momentum value, momentum period*smooth factor), momentum period*smooth factor)"
So using the script of and adding non repainting MTF function to it we create this momentum model You can enter either at cross of blue line or at cross of 0 and vice versa at red line. since it has MTF function you can look it on different time frames just set int 2 to the TF of your desire
Can use the renko candle to put an alert when the renko block has changed
This indicator is for the Johannesburg Stock Exchange (JSE) and indicates the number of stocks in the Top 40 Index above its selected Smooth Moving Average (SMA). Typically the 200SMA is used to see the longer term health of the market and the 50SMA for a short term view. Currently the market has reached a point that less than 2% of stocks were above their 200SMA...
DMI/ADX blue is Bull momentum yellow is Bear momentum gray line is trending line dotted is TREND LINE idea: look for two lines to be above the dotted TREND LINE bullish = Bull momentum + Trending Line bearish = Bear Momentum + Trending Line when all three are converged or when Tending Line is below dotted its CHOP Blue flashes when BULL momentum is...
This is a Momentum indicator but on "Volume" The formula is heavily tweaked version of TSI with chance of using different averaging types, the period numbers are fixed and user don't need to type anything for them! Please don't contact me for getting access, these tools are available for my students only. These are part of my "methodology" that I teach. The...
This is a price momentum indicator that is based on Ergodic formula (TSI), but the formula is tweaked and different types of averaging is allowed. by changing the type of average calculation and some predefined values (totally different from what is suggested by now) we get a nasty indicator that can easily be used both for cycle observation side by side with...
The Volatility Based Momentum (VBM) indicator is a variation on the rate-of-change (ROC) indicator. Instead of expressing momentum in a percentage gain or loss, VBM normalizes momentum using the historical volatility of the underlying security. The VBM indicator offers numerous benefits to traders who orient their trading around volatility. For these traders,...
Hello traders and developers! I compared different techniques to get momentum of the series. The 4 samples are: 1) Raw difference between price and price some bars ago 2) Built-in "change" function 3) Built-in "mom" function 4) Jedi's momentum - difference between current and previous SMA multiplied by it's period All results are identical. So, we have two...
on indicators you can buy oversold when marked with a green cross. and selling overbought is marked with a red cross.
This another one of the tools I missed publishing till today, this is a momentum indicator of volatility index (original formula), it will work hand in hand with volatility index oscillator (will publish right after this one) to easily identify divergences just before the market's direction change !
TOP GOON indicator Inverse Fisher Stochastic + Momentum If you know range rules you will love the TGI Midpoint+ is BULLISH Midpoint- is BEARISH Cyan+ EXTREME BULL Yellow- EXTREME BEAR Watch Cyan/Yellow to break for volatility new versions will be made and updated hear :) TG is shown on the bottom Momentum Index by @satoshiheavy is above that and on top...
Proprietary Momentum Indicator. If interested: www.tradelikeagenius.com
Alerts for Inside Bar Momentum Strategy Purple Diamonds show IBs triangles at top show long alerts triangles at bot show short alerts
This is an original oscillator I Developed for my methodology, the Idea and base thought of formula came from MACD, we all know that momentum, if being set correctly, is a leading indicator and actually, it's one of few real leading indicators, keeping that in mind a heavy R&D was done and the result is a formula that can show the momentum of buyers or sellers...