Voluminati: Uncovering Market Secrets Overview: The Voluminati indicator dives deep into the secrets of trading volume, providing traders with unique insights into the market's strength and direction. This advanced tool visualizes the Relative Strength Index (RSI) of trading volume alongside the traditional RSI of price, presenting an enriched perspective on...
This indicator was designed to plot lines from prices of overbought (OB) and oversold (OS) RSI levels in chart. It will also create a visible band between these levels. It's main utility is to show in chart current and past prices for OB/OS RSI levels. Traditionally the RSI is considered overbought when above 70 and oversold when below 30 but you can customize...
The ADX Speed Derivative (ADXSD) is a cutting-edge trading indicator meticulously crafted for trend analysis. By harnessing the power of the Average Rate Of Change (AROC) method applied to the first and second derivatives (pictured in white and purple, respectively) of the ADX oscillator, this indicator transcends conventional tools, offering traders unparalleled...
Abstract This script evaluates how easy for traders to trade. This script computes the level that the gains were distributed in many trading days. We can use this indicator to decide the instruments and the time we trade. Introduction Why we think the trading markets are boring? It is because most of the gains were concentrated in a few trading days. We look for...
This is the TSI Market Timer. It is years in the making and it is comprised of four indicators in one. The stock (or source) is run through an indicator called the True Strength Indicator with settings(5,15) , then the TSI is run on both the Index(SPY) by default and what I call a Trigger line which is basically the TSI applied to the DXY (US Dollar Index). ...
Advanced Dynamic Threshold RSI Indicator Overview The Advanced Dynamic Threshold RSI Indicator is a powerful tool designed for traders seeking a unique approach to RSI-based signals. This indicator combines traditional RSI analysis with dynamic threshold calculation and optional Bollinger Bands to generate weighted buy and sell signals. Features ...
INFO: This indicator can be used to build-up a strategy for trading of assets which are currently in trending phase. My preference is to use it on slowly moving assets like GOLD and on higher timeframes, but practice may show that we find more usefull cases. This script uses two indicators - MACD and RSI, as the timeframe that those are extracted for is...
The ADX Trend Confirmer aims to give traders or algorithms a way to confirm a trend before entering a trade. While the default for ADX is a smoothing factor of 14 and a length of 14 to measure directional strength. In my experience this is a lagging indicator and not the best for confirming if the market is trending. 🟢 What are the methods used for confirming...
Fisher Transform developped by Ehlers is used mostly to detect peaks and troughs, which it does with little lag, but there are many false signals. Looking at its formula and construction, we can revisit it for the purpose of detecting trends and flat market. How do we want to do that? There are 3 different actions: Increase the default value from usual 9 or...
VAcc (Velocity & Acceleration) is a momentum indicator published by Scott Cong in Stocks & Commodities V. 41:09 (8–15). It applies concepts from physics, namely velocity and acceleration, to financial markets. VAcc functions similarly to the popular MACD (Moving Average Convergence Divergence) indicator when using a longer lookback period, but produces more...
The "Momentum Madness" indicator is a customizable technical analysis tool designed for TradingView. It aims to help traders assess price momentum and make informed trading decisions. Below is a description of how this indicator works: Indicator Title and Settings: The indicator is titled "Momentum Madness" with a short title "Moms Mad." Users can customize...
The ‘YD_Divergence_RSI+CMF’ indicator can find divergence using RSI (Relative Strength Index) and CMF (Chaikin Money Flow) indicators. 📌 Key functions 1. Search pivot high and pivot low points in a certain length of price. 2. Connect pivot high to pivot high , pivot low to pivot low , forming two standards for divergence in result....
Experience the power of multi-dimensional analysis with our Multi-Currency RSI Indicator (MCRSI). This innovative tool allows traders to simultaneously track and compare the Relative Strength Index (RSI) of eight different currencies in a single chart. The MCRSI calculates the RSI for USD (DXY), EUR (EXY), JPY (JXY), CAD (CXY), AUD (AXY), NZD (ZXY), GBP (BXY),...
This is a strategy/combination of warning indicators using 6MA+MACD. The strategy details are as follows: This is a simple warning strategy created so that we don't have to monitor the candlestick chart too often. Note: This isn't an entry strategy; it's a signaling strategy for upcoming trends. For maximum efficiency, we should incorporate more formulas into...
The Moving Average ADX Strategy brings together two potent technical indicators, Moving Average (MA) and Average Directional Index (ADX), to provide traders with heightened technical precision. This strategy, designed for dynamic market analysis, offers clear signals based on trend direction and strength. Key Features: 1. Adaptive Moving Average: A Weighted...
This indicator detects the trend for you and keeps you out of choppy markets. It does not give you a signal, rather it tells you for what kind of signals to look for on the top right of the screen: "Only Longs" or "Only Shorts" If there is no trend or if a trend is overextended (overbought, oversold) it tells you: "No trade allowed" The indicator does this by...
The APAC STOMA indicator is designed to provide potential buy and sell signals based on specific conditions using the Stochastic RSI and the Simple Moving Average (SMA) 200. Here's a detailed description of the indicator: ### Indicator Details: 1. **Stochastic RSI Settings:** - Length of %K: 3 - Length of RSI: 14 - Length of Stochastic: 14 - Source:...
t.me Supertrend with RSI OB/OS Arrows Credit: KingForex2022 (ClearTradingMind) Overview: This indicator combines the power of Supertrend and RSI to help traders identify potential trend reversals and overbought/oversold conditions in the market. The Supertrend component highlights the prevailing trend direction, while RSI (Relative Strength...