This indicator is simply an enhanced version of the RSI followed up by a few extra indicators that pair strongly with the RSI. This indicator allows the user to interact with various inputs based off the indicators provided. All indicators include moving average, relative strength index, stochastic relative strength index, simple moving average, exponential moving...
The Multi-timeframe momentum indicator is similar in concept to a velocity indicator like rate-of-change, but visualizes smoothed price changes by applying an EMA and linear regression to price difference at every bar. Momentums from 1 minute to 1 quarter are plotted on a single chart using the request.security function. Standard and Fibonacci timeframes are...
This indicator measures the Tolerance in the price, it works on all timeframes, The main goal actually was to indicate the undefined trend zones like when the price is squeezed, the indicator value will be very close to zero (at this zone you should not place any orders) But also the moving averages may give a good signals on the indicator, crossing up moving...
Features: - Shows % change per Bar. - Shows countdown per bar. - Shows Day, Month, and Yearly % Change in Bottom Right Corner.
Purpose - MACD is an awesome indicator. However, I felt I could improve the existing MACD indicator by also letting it visualize the rate of change (ROC) of the histogram (whether rate of change is increasing or decreasing - just like a derivative). By doing so, the indicator will better show the rate of change of the trend. How It's Done - To the...
Modified version of pchange NM, changed to 10x Plots the percentage change of one data point to the next
Shows the percentage difference between the High and Low of the price bar expressed as a percent of the Open of that bar. In the settings, you can change to Price Change instead of percent change. This will show the price change between the High and Low for each price bar. It can be used on any time frame. I use it on the daily chart . I note the daily figure,...
Hi, I played with the ROC ( Rate of change ) indicator. First of all I made it smooth. And came up with decent buy sell signals for long-term potential trades. It can be useful for DCA and profit booking in market tops ( before potential crash) Recommended time frame = 1 Daily , 3 Daily , Weekly. Usage : 1. Look for Buy and sell arrow signals. But don't jump...
This is the updated v5 for PineScript 5. 20x Rate of Change indicators into 1 indicator. Plus a built-in moving average for the 20xROC can be plotted with its own MA, which simplifies the visual rendering. Auto settings can be used, which have automatic preset lengths based on the timeframe used. Middle line 0 is important as it is a positive and negative...
This is a far inferior method for a screener/scanner (compared to my first publication) but after looking at that script from a noobs eyes again, I could see how this form would be a lot easier to take in/understand so wanted to publish it. Everything that I could think of to mention about this is in my 1st pub so ill leave it to you to check it out...though I...
I am very scatter-brained by nature and sporadic in my thought processes but if these benefit the community and ya'll ask for more perhaps I will get better and even out a tad....probably not....but you never know. Firstly, allow me to apologize to all the vet/more sophisticated coders out there whose eyes and brains might just be overly taxed due to my poor...
THe indicator is backtested for the default periods -10 (short), 21(medium) and 45(long). These parameters can be changed using the settings as per your preference. The indicator allows you to plot three ROC on multiple periods. Why use this indicator? A trend is confirmed when its identified as a trend across multiple timeframes or multiple periods. As all...
The idea for this indicator is simple: Without a crypto index we want to somehow understand ROC across many assets. This will average out data across the top 5 (current) cryptos and provide a benchmark index. I've recently been looking into momentum strategies more and how to utilize ROC as part of crypto trading. This indicator was born to fill a void as there...
This simple tool helps you manage your risk by calculating the exact price for pips. it only works for forex pairs.
This script will add text to bars showing the price change of the bar as a percentage, both for open/close and high/low. It can be used together with Rate of Change to better get an idea of how the price moved at a previous point in time. Script uses labels for text, as there is a maximum limit of 500 labels if you want to study price movement for a specific...
This is a very basic, but powerful script. It gives you the ratio between the rate of change of the last x days and the average true range of the last y days. ---> ROC-ATR Ratio = ROC/ATR Therefore, you can see how much the price has moved relative to the prices in the past. This is important because (in my opinion) the basic ROC indicator is not very...
This Indicator shows the Absolute Rate of Change in correlation to its Moving Average. Values over 3 (gray dotted line) can savely be considered as a breakout; values over 4.5 got a high mean-reverting chance (red dotted line). This Indicator can be used in all timeframes, however, i recommend to use it <30m, when you want search for meaningful Mean-Reverting...
The Rate of Change, or RoC, is a momentum indicator that measures the percentage change in price between the current period and the price n periods ago. It oscillates above and below a zeroline, basically showing positive or negative momentum. I applied the OBV's calculation to it, but without the inclusion of volume (also added a lookback period) to see what...