Divergence

LuxAlgo Wizard

The QQE (Quantitative Qualitative Estimation) Weighted Oscillator improves on its original version by weighting the RSI based on the indications given by the trailing stop, requiring more effort in order for a cross with the trailing stop to occur. 🔶 USAGE The QQE Weighted Oscillator is comprised of a smoothed RSI oscillator and a trailing stop derived...

spudow

This non-repainting indicator is an improved version of my previous work, a more versatile tool designed to provide traders with dynamic and adaptive entry signals while incorporating a mean reversion and trend filtering mechanism. By combining RSI overbought/oversold, regular divergence and confirmatory momentum oscillator such as CCI or MOM, this indicator...

JohannCoffee Uppdaterad 

The "Gradient Money Flow Divergence Detector" indicator has several use cases for traders. Let's explore the main use cases: 1. Money Flow Analysis : The primary purpose of this indicator is to analyze money flow in a particular asset. The Money Flow Index (MFI) is a momentum indicator that uses price and volume data to assess the buying and selling pressure in...

spudow

EDRI EXTREME POINTS BUY & SELL INDICATOR This Buy and Sell (non-repainting) indicator uses signals based on the combined CCI/Momentum and RSI indicators and optional regular divergence. The idea of the indicator is to look for a potential reversal after the price reached extreme points (overbought or oversold) and signals an entry when the price shows signs of...

Indicator_Wizard

Divergence Screener This script allows you to scan multiple assets and timeframes for bullish and bearish divergences based on the RSI (Relative Strength Index) indicator. Features Supports up to 40 different assets and timeframes for simultaneous scanning. Customizable settings for RSI period and source. Adjustable lookback periods for identifying...

Market_Yogi

The Multi-Time Frame RSI with Money Flow Index and Average is a powerful trading indicator designed to help traders identify overbought and oversold conditions across multiple time frames. It combines the Relative Strength Index (RSI) with the Money Flow Index (MFI) and provides an average value for better accuracy. The Relative Strength Index (RSI) is a popular...

ChartPrime

Overview of MACD Normalized Indicator The MACD Normalized indicator, serves as an asset for traders seeking to harness the power of the moving average convergence divergence (MACD) combined with the advantages of the stochastic oscillator. This novel indicator introduces a normalized MACD, offering a potentially enhanced flexibility and adaptability to numerous...

seba34e

This indicator is based on the concept of divergence. I recommend that you find out and study about this yourself as the concept of divergence will not be explained in depth in this description. This indicator will show divergences between the asset price and the RSI oscillator. The indicator will look for divergent points between the rising highs and falling...

maybethatguy Uppdaterad 

Description: The ADX Divergence Indicator (ADXDI) is a technical analysis tool designed to identify potential bullish and bearish signals based on the Average Directional Index (ADX), the Positive Directional Indicator (+DI), and the Negative Directional Indicator (-DI) lines. This overlay indicator plots circles on the chart to highlight these signals. How it...

LuxAlgo Wizard

The SMT Divergences indicator highlights SMT divergences between the chart symbol and two user-selected tickers (ES and YM by default). A dashboard returning the SMT divergences statistics is also provided within the settings. 🔶 SETTINGS Swing Lookback: Calculation window used to detect swing points. Comparison Ticker: If enabled, will detect SMT...

joshuuu

example: if you want to find the stronger/weaker pair between eurusd and gbpusd, what you can do is check the eurgbp charts. if eurgbp is bullish, that means, that longs longs on eurusd are better than on gbpusd. Unfortunately, there is no such thing to compare for example usoil with ukoil, or us100 with us500. That's where this indicator comes in handy. You can...

maybethatguy Uppdaterad 

Description: The Divergence Indicator (DI) is a powerful technical analysis tool designed to identify potential bullish and bearish signals based on multiple indicators, including RSI, Stochastic Oscillator, MACD, and EMA. It helps traders spot divergences between price and these indicators, indicating potential trend reversals or continuations. How it Works: The...

cyatophilum

The Volume Divergence Indicator is a powerful tool that can help traders identify potential price reversals in the market by analyzing volume data. The indicator has several features, including divergences signals, volume spikes, volume contractions, and volume trend signals. Unlike most divergence indicators, this one is focused on providing non-repainting...

RozaniGhani-RG Uppdaterad 

█  OVERVIEW This is a divergence indicator based on Relative Strength Index (RSI). My attempt to make this indicator updated based on latest pine script features such as type, object and method. █  FEATURES 1. Color of plot and label is based on contrast color of chart background. Able to customize color from style menu. 2. Big divergence (Regular Divergence)...

AbdullahAhmedEgypt Uppdaterad 

Description: MOM-LRC is a powerful technical analysis indicator designed to provide traders with signals based on the momentum of an asset's price and its deviation from its mean value. The indicator calculates the exponential RSI and uses a custom function to determine the percentage change from the mean. The upper and lower bands of the momentum channel are...

BobBasic Uppdaterad 

Calculates five vector moving averages of different periods and averages them. Origin moving average is ALMA from the mid point of the candles (hl2.) Vector moving averages are the difference between Hull Moving Averages and the Origin MA. It is a momentum indicator that shows when long term and short term trends agree with the move. It moves stronger, when all...

lnlcapital

Trampoline Dots (Price Divergence) Higher Time Frame Price Divergence: Trampoline Dots serve as a "quick bounce" tool. These little dots will trigger whenever the higher aggregation MACD is above / below zero and the price is below / above the 50 period simple moving average. When these criteria are met, the price is usually under pressure of strong divergence,...

Trendoscope Wizard Uppdaterad 

Here is an another outcome of Object Oriented Zigzag and Pattern Ecosystem of Libraries. We already have another implementation of recursive zigzag which makes use of earlier library rzigzag . Here in this example, we make use of similar logic but leverage the new type and method based Zigzag system libraries to derive the indicator. 🎲 Design Overview ...