The Relative Strength Index (RSI) is a technical indicator based on price movements that is used to determine whether a particular asset is overbought or oversold. It measures the ratio of rising to falling prices over a certain period of time. The Fear & Greed Index, on the other hand, is a composite index that tracks the sentiment of the crypto market. It is...
TOTAL:(RSI+TSI) This indicator collects instant data of RSI and TSI oscillators. RSI moves between (0) and (100) values as a moving line, while TSI moves between (-100) and (+100) values as two moving lines. The top value of the sum of these values is graphically; It takes the total value (+300) from RSI (+100), TSI (+100) and (+100). The lowest value of the...
Hello everyone, After my long tests, I observed that the rate of change of direction of the price was high after the periods when the RSI spent a long time outside the band. As a result of my observations, I prepared this indicator. This indicator shows you the accumulation and distribution areas that occur outside the rsi band. There are 3 different levels...
The main idea of this oscillator is to place the OBV oscillator and its oscillation around the range of 0 and around -50 to +50 and for this scaling of the "On Balance Volume" oscillator, I have used Min-max normalization. Since this oscillator does not have a specific minimum and maximum, just setting the maximum and minimum does not seem the best thing to do. As...
Hello Traders - I'm releasing this as a friend was talking about how he used to use it as an exit indicator. The Aroon Oscillator isn't the most accurate for entries, but we find its strength in its exits. The Aroon Oscillator was developed by legendary technical analyst, T. Chande , in 1995 as part of his "Aroon Indicator system." Chande's intention was for...
As a trader, one of the most important aspects of technical analysis is identifying the dominant cycle of the market. The dominant cycle, also known as the market's "heartbeat," can provide valuable information on the current market trend and potential future price movements. One way to measure the dominant cycle is through the use of the MESA Adaptation - MAMA...
This is a modified indicator base code from RSI Multi Length and we will add some of functions by finding a classic/hidden divergence and alert. The indicator returns information over RSI using multiple periods and calculates the percentage of overbought and oversold by overbought divided by oversold. To find the divergence and hidden divergence we use base...
Hello traders and investors, Today, I am going to share an indicator that I made by mixing RSI and CCI in different timeframe. You can use this indicator in various ways, however the best possible way I would recommend you to use it is to combine it with price action. I would suggest to play with, so you can decide if it works the best for you. The whole...
Description: This indicator calculates the difference between price high's and low's, and fractions it by the close price. If it calculates the difference between a high and low or low and high is defined by whether the current close is higher than the previous close. It is then also rescaled to ensure the value is always appropriate compared to the last set...
If you like the TTM Squeeze histogram, this may be your favorite new indicator. 5 customizable timeframe MACD-based oscillators are programmed to give you a heads-up when momentum is rolling over and changing to a new direction by using lower timeframes as a "heads-up" of a potential change. Designed to be used on the 5 minute chart, but can be adapted for...
The purpose of this indicator is to visually simplify the relationship between two assets when searching for pair trades or higher beta opportunities. With highly correlated pairs, it can be a blessing or a curse during volatility when you're somehow stuck in the only lower beta pairs, or maybe you're market neutral and the wrong leg starts nuking. This...
Hello traders, Today I am going to share with you an indicator I wrote by mixing other indicators to give me buy and sell signals. This indicators work on all FOREX pairs and Bitcoin , but it is less accurate on cryptocurrencies in general. The best result I have got is in 5 min chart with the default setting. I have used RSI and its Moving Average to see if the...
This script will check how many stocks RSI is greater than 55 in the given list. This will give you overall idea whether stocks in sector is bullish or bearish .
Multi IND Dashboard is dashboard combine with price change, RSI, ATR, Alligator and Supertrend. With a maximum of 10 timeframes, I think it's going to make your life easier. In looking at the momentum of each chart. How it work?? Change : It is the distance from the close price of previous candlestick and shows the movement value of the candlestick in that...
What is it? This indicator will plot the RSI of BTC with a red or green background based on the top and bottom values which you can set. How to use it? For example, you want to trade only if the RSI of BTC is between 50 and 70, so the top value is 70 and bottom is 50. If the RSI value between those values the background will be green, else it will be red. ...
RSI Dashboard Monitor is indicator for scanner Relative Strength Index ( RSI ) for 4 symbols and 10 Timeframe, detached from the main chart. You can choose to display all 4 symbols or just 1 symbol, also can choose resolution (TF). Still, these 10 timeframes should be enough to use. Default is set to 14 but you can modify it from settings. How it work?? RSI >=...
Hello, folks. Sorry for not posting anything for a long time, just busy with my university studies for the moment. Quick script for today — Smooth Step. You can search for it in Wikipedia, but saying shortly and informatively, this is just an advanced type of oscillator, used as momentum indicator. In the codes across the Internet everybody uses the 3rd order...
This script implements the (mab) Volume Index (MVI) which is a volume momentum oscillator. The formula is similar to the formula of RSI but uses volume instead of price. The price is calculated as the average of open, high, low and close prices and is used to determine if the volume is counted as up-volume or down-volume. I created MVI to replace OBV on my...