This study is based on the work of TV user Beasley Savage ( ) and all credit goes to them.
Changes I've made:
1. Added a visual symbol of an overbought/oversold threshold cross in the form of a red/green circle, respectively. Sometimes it can be hard to see when a cross actually occurs, and if your scaling isn't set up properly you can get misleading visuals....
This indicator is the same as LazyBear's indicator with the same title. I simplified it and changed the range to 0-100 so that it can be stacked with RSI indicator. 50 cross is the equivalent of zero cross in the original indicator.
PS: Drag and drop the indicator on RSI for stacking. Go to the settings and scale it to right.
More explanation on the original indicator:
Logistic Correlation is a correlation oscillator using a logistic function.
A Logistic Function is a Sigmoid Function who stabilize the variance of data.The logistic function have the same function as the inverse fisher transform but with an advantage over it, the k constant can control the steepness of the curve, lowers k's will preserve the original form of...
Similar to RSI in concept, but with a few enhancements!
Improvements over the standard RSI indicator?
1. Adaptive Decision Boundaries:
Who says 70-30 are the best decision boundaries to use for trading off of the RSI indicator? Why not 80-20, or another combination? Is 70-30 still the best when you shorten or lengthen the RSI indicator's look-back window? What...
Relative strength is a ratio between two assets, most often a stock and a market average (index). This implementation uses the method described here and the second method described here to calculate its value: "To calculate the relative strength of a particular stock, divide the percentage change over some time period by the percentage change of a particular...
Standard Stoch RSI with some color modification. 0 - 20 = Really Bearish (Dark Red Zone) 20 - 50 = Bearish (Light Red Zone) 50 - 80 = Bullish (Light Blue Zone) and 80 - 100 = Really Bullish (Strong Blue Zone). Thick lines at top and bottom to easily see 100 and 0.
When bitcoin is in an uptrend, a very profitable strategy is to buy GBTC when premium to NAV is low, and sell when it reaches extremes. This can be far more profitable than buying bitcoin itself.
Ever wondered what is behind the the Tradingview Screener Signals:
www.tradingview.com
Strong buy is between 0.5 and 1
Buy is between 0 and 0.5
Sell is between 0 and -0.5
Strong Sell is between -0.5 and -1
Standard Deviation and 20 Moving Avergae Difference.
This could help some Buy & Sell with Difference between STDEV and 20 MA.
Difference will show us something.
+- 4000 : 1D Buy / Sell Zone
+- 2500 : 6H Buy / Sell Zone
+- 800 : 1H Buy / Sell Zone
Check some point !
Just a script I want to share with friends on a discord
orange/green line : longs vs short ratio (100 = only longs, 0 = only shorts)
purple line : RSI of (longs-shorts)
Same concept as my Slow RSI strategy script
But in Stoch format
I'm finding that i like Slow Stoch better than Slow RSi
This chart also includes exit guards.
It's up to you to decide if you want to pyramid or not. This chart is set at pyramid = 3
2018/6/11 Re-release for house rule of Trading view.
5lines : RCI lines. A thick navy line has the longest period.
circles : MACD cross. GC=green DC=red
backcolor : Short EMA > Long EMA is blue. Short EMA < Long EMA is red.
Black shadow : It reveals its appearance when over-buying/selling.
It helps your entry.
The Percentage Price Oscillator (PPO) is a momentum oscillator that measures the difference between two moving averages as a percentage of the larger moving average. As with its cousin, MACD, the Percentage Price Oscillator is shown with a signal line, a histogram and a centerline. Signals are generated with signal line crossovers, centerline crossovers, and...
