The main oscillator is the RSI modulated by the MACD (default). The RSI mode can be disabled to revert to a normal MACD oscillator for the main oscillator. When the main oscillator (thicker line) is > 0, it is green; and if it is < 0, it is red. The MACD can be re-scaled and whenever its value > 100, a background fill between the oscillator and the zeroline...
The PRISM Oscillator Set consists of: (1) A modified-pSAR derived main driving oscillator (P-Oscillator). (2) With MAJeStic (Momentum, Acceleration, Jerk, Snap) Oscillators Set (M-, A-, J-, S-Oscillators respectively). User can switch the main oscillator to RSI-mode (default), as well as reverting to configurable EMA/SMA MACD mode as well. The...
Correlation Coefficient (CC): with CC momentum and acceleration oscillators, and momentum-divergence indicator.
Preti Momentum Indicator Class : volatility Trading type : intraday trading Time frame : 5 min -1 day Purpose : momentum trading Level of aggressiveness : standard “Preti Momentum Indicator” is based on price patterns detection after abnormal price changes. One of the patterns based on abnormal returns is as follows: after an abnormally strong...
What is BDO? - BDO is the Better Donchian Oscillator. This is a proprietary indicator which I derived from the donchian formula. BDO usage 1. BDO is mainly used to determine overbought and oversold levels. I think it is more accurate in determing these levels than RSI or MACD. 2. It can also be used to follow major trends with a very high accuracy, although it is...
General Usage The M-Oscillator analyses the price change rather than the price level. It draws the difference between prices at two time intervals. It is a leading indicator of price direction. It can identify when the current trend is no longer maintaining its same level of strength or is losing momentum. The importance of the momentum is when its value reaches...
Three Stochastic Lengths combined into one unit based on the Stochastacult Strategy. Thanks to Krown and The Caretaker for the inspiration for this indicator. Pink = Fast Plot Red/Orange = Medium Plot Blue/Green = Slow Plot Purple Zone = Bearish Control Zone Blue Zone = Bullish Control Zone The indicator is used in the following fashion for optimal...
This scripts is usefull to identify possible top or bottoms of the markets. Red BB : Sell Green BB : Buy
- Momentum Oscillator - Calculates Distance Between RVGI Lines - Can be used as a substitute and/or complement to RSI
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. Similar to the Moving Average Convergence/Divergence(MACD), the PPO is comprised of a signal line, a histogram and a centerline. Signals are generated with signal line crossovers, centerline...
This is a combination of a slightly sped up MACD overlay on top of a modified Bar Trend Squeeze or highly modified Momentum indicator. Helps to see the trend/momentum matched with the characteristics of the MACD and it's historiography. Very user friendly for adjusting color, transparency, depth, lines, size, etc. MACD is the dark gray line. Its signal slower...
High - Low Trend Indicator Signal - (Expo) DESCRIPTION This indicator is derived from my previous one called High – Low Trend Indicator (Expo) , but the difference is that this one generates Long signals and detects market changes. These two indicators are intended to be used in the same chart for better accuracy and validation of signals. The indicator...
The Diamond is a collection of 3 custom oscillators and the RSI. It tries to visualizing how the momentum is increasing and decreasing and gives some buy and sell signals. Every Line explained: Orange line: The SMI(Swing Momentum Indicator) it is alternating oscillator between the value -10 and 40 and has its baseline at 10. It showing accumulation and increase...
Force Index is an oscillator. It combines volume with prices to discover the force of bulls or bears behind every rally or decline. It brings together three essential pieces of information the direction of price change, its extent, and the volume during that change. It provides a practical way of using volume for making trading decisions. Force Index can be...
pSAR derived oscillator with its set of RSI & StochRSI and MAJestic (Momentum, Acceleration, Jerk) Oscillators Set pSAR and MAJ oscillators can be disabled and hidden. ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ Note: In no way is this intended as a financial/investment/trading advice. You are responsible for...
Base on the FUSIONGAPS oscillator series, but Only the 50/15 oscillator is plotted, and with Momentum and Acceleration oscillators added. The thickest line is the FG oscillator: Red/Green coloring indicates if the market is in a Bearish/Bullish period. The green colored line is the DFG oscillator (DIFFERENTIAL FUSIONGAPS: Price Momentum) The red colored...
If the value drops (or rises) SHARPLY, we will receive an alert
Combined plot of RSI and StochRSI