Stochastic MACD - Slow and Fast The "Stochastic MACD - Slow and Fast" indicator combines two popular technical indicators, the Stochastic Oscillator and the Moving Average Convergence Divergence ( MACD ). The Stochastic Oscillator is a momentum indicator that measures the current closing position of an asset relative to its recent price range. This indicator...
Implied Correlation Divergence Oscillator (ICDO) ICDO uses an SMA calculation as a low-pass filter to determine divergences from trend. This can be useful for multiple strategies, including detecting overbought or oversold trends, and finding dispersion opportunities, including zero delta straddle plays using options for indices and single assets within the S&P...
what is Faytterro oscillator? An oscillator that perfectly identifies overbought and oversold zones. what it does? this places the price between 0 and 100 perfectly but with a little delay. To eliminate this delay, it predicts the price to come, and the indicator becomes clearer as the probability of its prediction increases. how it does it? This indicator is...
Level 2 Background The Aroon indicator developed by Tushar Chanand indicates whether there is a trend price or is located in a trading area. Function Classical Aroon can also show the beginning of a new trend, its strength and expectation of changes from trade areas to trends. This is a traditional aroon indicator with length == 13, which exhibit good...
Fairly straightforward script that allows you to plot the current price and % either above the last candle and/or to the right of it. There's also 2 price "follow" lines that you can turn off and on, much like the bid/ask line that's built in to TV. You can also choose to enable a specific % above/below current price to give you an idea on where price would be...
OVERVIEW The Consumption Oscillator combines Core Consumer Price Index (USCCPI) and Personal Consumption Expenditure (USPCEPI). It can be a useful tool for understanding inflationary and deflationary pressure in the economy. CONCEPTS Defining some thresholds may aid in interpreting the oscillator but interpretation needs context. Also, the thresholds may need...
Why use the Flat Market and Low ADX Indicator ? Flat markets, where prices remain within a narrow range for an extended period, can be both critical and dangerous for traders. In a flat market, the price action becomes less predictable, and traders may struggle to find profitable trading opportunities. As a result, many traders may decide to take a break from...
The Reflex Indicator was created by John Ehlers (Stocks and Commodities Feb 2020) and this is a zero lag indicator that works similar to an overbought/oversold indicator but with the current stock cycle data. I find that this indicator works well as a leading indicator as well as a divergence indicator. Generally speaking, this indicator indicates a medium to long...
This is an indicator for traders of trendline analysis with RSI (the formula for calculating RSI I don't mention here anymore because every trader knows it) - The Pine Script strategy plots pivot points and trendlines on the RSI chart. This strategy allows the user to specify the interval for calculating the pivot points and the number of pivot points used...
Volume Directional Oscillator is an indicator that combines several types of metrics for a convenient understanding of price movements. The indicator displays a histogram of red, dark red, green, dark green and yellow columns, as well as a red-green line. Red columns indicate an increase in selling volumes as the price moves. Dark red indicates a decline...
Description It is an indicator that aims to provide information about the direction of the trend, the basis of which is the CCI, CMO and MFI indices. Symbols on the indicator are for informational purposes. Information about colors and symbols is given below. Blue Wave: Graphical representation of the Commodity Channel Index (CCI) curve. Green/Red Wave:...
Introducing the "3commas All Built-in Indicators in One Script" for TradingView! Tired of wondering which 3commas-built-in indicators to use and how to combine them? This script is here to make your life easier by answering this question for you. Instead of spending hours paper trading on 3commas and hoping for the best combined indicator signals, save time and...
The Data Sampling Indicator was created by John Ehlers (Stocks and Commodities Mar 2023) and this is a genius method to reduce noise in the market data but also doesn't introduce any lag while doing so. The way this works is because traditionally, people have always relied on the close price as the default input for many indicators such as the RSI or MACD as...
This source code is an implementation of a TradingView indicator called "Sniper Entry". The purpose of this indicator is to identify potential entry points for trades based on certain candlestick patterns and the Stochastic oscillator. The indicator calculates the Stochastic oscillator based on the close, high, and low prices of the asset over a period of 14...
This indicator is called "RSIOMA with Volume Index Confirmation". It is a technical analysis tool that plots buy and sell signals on a chart based on the Relative Strength Index (RSI) and the Negative Volume Index (NVI) and Positive Volume Index (PVI) indicators. The indicator has the following input parameters: - RSI Length: determines the number of periods...
A "macro score", as defined here, is created by giving various weights to different signals and adding them together to get one smooth score. Positive or negative values are assigned to each of the signals depending on if the statement is true or false (e.g. DPO > 0: +1, DPO < 0: -1). This manner of strategy allows for a subset of the available signals to be...
This is a comprehensive trading tool that presents an overview of the market in a tabular format. It consists of five distinct categories of trading indicators : Volatility, Trend, Momentum, Reversal, and Volume. Each category includes a series of indicators that are widely used in the trading communauty. The Volatility category includes the Average True Range...
Level: 3 Background As requested by my friend, this is a China A share version of RS MSFIELD. When a wave of market conditions in the China A Share market comes, how do you choose which China A Share target to operate? Function The function of this indicator is to compare the strength of a single target with the strength of the China A Share market. For any...