Plots the RSI for the current chart (same as the built-in RSI indicator) and adds the RSI values for the Shorts and Longs (S&L) from Bitmex. The main reason I've used the RSI value is to have it on the same scale as the price chart's RSI. The general trend of the S&L is preserved.
This is an 14RSI with a built in EMA55. I also added 50RSI level to add more confluence.
RSI above 50 level and EMA55 can confirm bullish trend .
But don't trade based off on this indicator.
Note:
Always look at the price actions first. Only use this indicator as a confluence to your price action analysis. And don't forget to backtest and make adjustments...
Hello traders
This indicator is to color the candles based on a MACD Zero LAG
Just wanted to show that removing the noise from the candles natural coloring could be very helpful to determine a trend and stay focused
Enjoy
Dave
Hello Traders
This indicator is used to divide two assets between them. Why you would ask ?
For instance, in crypto trading, traders often look at the ratio Longs/Shorts or Shorts/Longs to figure out which side is leading the market and use this information as a powerful hedge for their next trade
Enjoy
Dave
This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow...
Today I am bringing to you my interpretation of the Haos Visual Oscillator with a trend which is derived from two Williams R% indicators smoothed by T3. I have been inspired by this idea in the following post.
www.prorealcode.com
Is a pretty unique indicator indeed that due to its smoothing provide nice entries. Your Entry signal is when the histogram, which is...
This study calculates the On-Balance Volume (OBV) and displays it in terms of its Z-Score.
OBV is a great momentum indicator . As the name suggests, OBV predicts changes in price based on the security's volume flow.
Formula:
if (Current Price > Previous Price)
then Current OBV = Previous OBV + Current Volume
if (Current Price < Previous Price)
then...
This study combines two versatile momentum indicators :
Chande Momentum Oscillator:
-Measures trend strength, with higher absolute values meaning greater strength.
-Also tracks divergence. When price increases, but is not accompanied by an increase in Chande Momentum Oscillator values, it signifies bearish divergence and a reversal is likely to follow.
-Shown...
Pretty good copy of the Jurik Fast-K indicator. The phase and power shouldn't really need to be messed with but you can play with the lengths. Jurik's default is 24 and 16 but I prefer the 16 and 12 that I coded into it on here. Enjoy!
![EURAUD: [RS]Function - Standardization - zScore](https://s3.tradingview.com/2/21w5rSRJ_mid.png "[RS]Function - Standardization - zScore")
![EURAUD: [RS]Function - InfoPanel](https://s3.tradingview.com/z/ZisWxP5g_mid.png "[RS]Function - InfoPanel")