This indicator is to detect buying and selling momentum based on volume and price action with multiple timeframe mcdx.
Improve version of mcdx to let you see clearly real-time changes in 15mins, 30mins, 1h, 2h, 4h, 1D of the mcdx value.
Heatmap:
Green > Yellow > Orange > Red = Retailer shifting to banker
How it works?
The color subsides based on the resolution...
I already published few version of my custom screeners. Unfortunately, because of TradingView's security function call limit you can't use more than 40 stocks in 1 screener.
Fortunately, you can compute multiple values in your function and screen few indicators at once.
In this script I show how you can compute 5 indicators at the same time for 40 instruments. I...
How to use Alpha(α)?
If Alpha is positive the stock outperforms, if the value is negative means the stock underperforms.
α < 0: The investment has earned too little for its risk (or, was too risky for the return)
α = 0: The investment has earned a return adequate for the risk taken
α > 0: The investment has a return in excess of the reward for the assumed risk
...
How to Use : For Swing trending in TF 1-2 hour
When EMA crossover Green is uptrend
Red is downtrend
When have a circle it mean high volatility
When have a triangle it mean extreme volatility
Thankyou for based script CDC Action zone V.3 and Bollinger band %B
Basically just your standard RSI with a twist. Key differences:
1. Overbought and Oversold levels are moved to a higher and lower level following the nature of cryptocurrency.
2. Added a middle trendline at 50. Above is usually an uptrend, below is a downtrend.
3. Better looking than your typical RSI.
4. Nice pretty colors to please your eyes :)
Enjoy.
With Special Thanks to Everyone who has gone before me, and who have both allowed me given me permission to bring my version of Market Cipher to the World
Especially LazyBear for his amazing Wave Trend Oscillator and for Aevir, falconCoin, vumanchu, Crypto_Spike and others who have freely brought MarketCipher to the Tradingview Community
Also special mention to...
This is a simple and easy to use trend/momentum indicator that is a modification of a thinkorswim script from usethinkscript.com...which was adapted from a script found here on Tradingview.
I've added the option of changing the moving average periods. Play around with it as needed. I haven't used it on it's own for trading signals...but it has potential. It's...
A simple indicator based on the percentage price difference between Korean crypto markets and western markets.
It currently shows the premium for BTC & ETH.
If it's positive (red) it means that the Korean market is trading at a premium.
Vice versa negative (blue) means the West is trading at a premium.
Because the Korean crypto market is so closed off (because...
This is a script to draw a square wave on the chart, with an indicator for current price.
Markets undergoing Dow Jones or Wyckoff Accumulation/Distribution cycles tend to move in such waves, and if the period of the cycles are detected, a signal for accumulation/distribution phases can be created as an early warning.
Useful inputs:
- Average True Range as the...
RSI and MACD in the chart:
- small circles -> oversold/overbought
- big circles -> oversold/overbought rising/falling
- small diamonds -> macd over/under signal with macd over/under zero
Please comment if you have an idea to improve it ;)
DMI (ADX) consists of three indicators that measure a trend’s strength and direction. Three lines compose the Direction Movement Index (DMI): ADX (white/gray line), DI+ (green line), and DI- (orange line). The Average Directional Index (ADX) line shows the strength of the trend. The higher the ADX value, the stronger the trend. The ADX line is white when it has a...
This is a modification of LazyBear's WaveTrend. The SMA trend has been removed and a shorter time frame EMA has been added in black. The idea is to buy when the shorter time frame starts to curl up and the longer time frame, green, has started to either flatten out or curl up too. Sell when the shorter time frame has started down and green has either flattened or...
This is an indicator to draw a sawtooth wave on the chart.
It can be a useful perspective, as decaying markets tend to oscillate in reverse sawtooth waves, and bullish markets can oscillate in conventional sawtooth waves. With the right inputs, it can be an early warning signal for potential movements.
Something I've noted is that large waves cause a ripple...
