Measures price distance from extremes.
Ranging closer to 0 means topping/bottoming (this can stay in this state for a long time), (price near extreme).
Can be used to peak trend reversals(will need to keep doing tests with it)
EXPERIMENTAL --> Use at your own risk.
Hey!
I made a StochasticOscillator with BITFINEX:BTCUSDLONG & BITFINEX:BTCUSDSHOTS
Hope you enjoy it, and remember it's not about the asset's price, but about the asset's interest with these finantial tools.
This Script used RSI, EMA of RSI, Stochastic RSI and Bearish Engulfing Indicators. This is bearish candlestick reversal pattern formed by two candlesticks . Following an uptrend, the first candlestick is a up candlestick which is followed by a down candlestick which has a long real body that engulfs or contains the real body of the prior bar.
In the example above GOOGL's RSI is being compared against the RSI for XLK, the technology sector fund. The red and green areas make it easy to see if Google is under or overperforming relative to other tech stocks. I've included a normal RSI above it for comparison.
You can compare any stock to a sector, i.e. JP Morgan (JPM) versus the financial sector (XLF), or...
스토캐스틱 3개를 한번에 볼수 있습니다. 천장과 바닥은 각 100의 위치마다 존재합니다
You can see three slow stochastics at once. The ceiling and floor are located at each 100 (0 - 100 - 200- 300)
Ratio of bitfinex longs versus the total btc in positions. Maybe a good indicator of market sentiment. It allows you to see too where were people taking profit or closing positions. Remember that ratio going up doesn't necesarily mean more longs positions are being added. It could mean shorts are closing position massively. The conversely is also true.
The rate...
I built this indicator to compare the performance of multiple chart ID's, at the moment the chart analyses how far above or below the assets prices are compared to a moving average. In this first version, the indicator compares BTC against the current chart and also one customisable ticker, which by default is set to SLRBTC.
As I update the indicator I intend to...
The clone of Jurik moving average function with a power argument
The power argument allows to closely approximate price movements. The higher the power, the closer the fit. Also helps to find a balance between smoothing and fitting.
![AUDUSD: [RS]Extreme Diferential Indicator](https://s3.tradingview.com/1/1aW2pGSI_mid.png "[RS]Extreme Diferential Indicator")
![APPCBTC: [Dukhan] RSI & MACD single indicator](https://s3.tradingview.com/q/QS3J6yje_mid.png "[Dukhan] RSI & MACD single indicator")
