Hello traders, Let me explain the code and provide an example of how to trade using this indicator. The code you provided is a Pine Script indicator that combines multiple technical indicators, such as Supertrend, ADX, RSI, and MFI, to generate buy and sell signals. Here's a breakdown of the code: User Settings: The user can adjust parameters like...
NVT Studio is an indicator that aims to find areas of reversal of the Bitcoin price based on the extreme areas of Network Value Transaction. Instructions: - We recommend using it on INDEX:BTCUSD - Use the daily or weekly timeframe The indicator works as an oscillator and offers to visualisation modes. 1) Showing the short term oscillations of NVT showing...
The Prime Oscillators Pro suite provides two unique oscillators that provide useful insights on divergences, overbought and over sold conditions, momentum reversals, confluence alerts, amongst a myriad of other features. The Trend Fusion Oscillator This oscillator uses an amalgamation of price and volume to give market participants useful insight into possible...
This indicator is designed to provide traders with insights into the relative strength of a security by incorporating volume-weighted elements, effectively combining the concepts of Relative Strength Index (RSI) and volume-weighted averages to generate meaningful trading signals. The indicator calculates the traditional RSI, which measures the speed and change of...
This signal uses information from BITFINEX:BTCUSDLONGS and BITFINEX:BTCUSDSHORTS to forecast tops and bottoms. The idea behind is very simple. We calculate the RSI of the ratio of longs vs shorts and find areas where both the SMA of this RSI and the RSI itself are overextended. You might notice that the win rate is not high but most of the wins provide a...
Screener version of AlphaTrend indicator: BUY / LONG when AlphaTrend line crosses above its 2 bars offsetted line, and there would be a green filling between them SELL / SHORT when AlphaTrend line crosses below its 2 bars offsetted line, and filling would be red then. Default values: Coefficient: 1, which is the factor of the trailing ATR value Common Period:...
The indicator was made at the request of the subscriber of the "The trader sometimes answers" The indicator displays: 1. Anomalous spikes in volume (i.e. the value of the volume is greater than the moving average of the volume plus a few standard deviations 2. Crossing moving averages 3. Crossing the MRSI zero line The user can change the settings: 1. Types of...
This is the second version of the indicator ‘Chuff by Monty’ we made a while back. This indicator uses multiple previously available indicators as well as some newly calculated scripts to provide information on chart that uses one indicator slot but is telling you more than what one indicator could’ve. The indicator also includes alerts which can be used to...
Enhanced Moving Average Calculation with Stepped Moving Average and the Advantages over Regular RSI Technical analysis plays a crucial role in understanding and predicting market trends. One popular indicator used by traders and analysts is the Relative Strength Index (RSI). However, an enhanced approach called Stepped Moving Average, in combination with the...
Hello Traders, I have some exciting news to share with you all! Recently, I came across an incredible RSI divergences indicator developed by Socrate_FR. This indicator, in my opinion has an exceptional accuracy in detecting RSI divergences. However, during my exploration of other indicators in the TradingView library that display signals on the price chart, I...
The DB ZPS RSI indicator is a designed to detect tops and bottoms using a zero lag smoothed RSI. This indicator has been specifically designed not to repaint by default. Which means the value at the opening of the bar will not change and can be used at the start of the period to make trading choices. The RSI line has 4 different colors: - Red = Sell Zone -...
The Market Cycle Indicator is a tool that integrates the elements of RSI, Stochastic RSI, and Donchian Channels. It is designed to detect market cycles, enabling traders to enter and exit the market at the most opportune times. This indicator provides a unique perspective on the market, combining multiple strategies into one unified and weighted approach. By...
Introducing the groundbreaking Broadview Underpriced & Overpriced indicator—a convergence of science, technology, and mathematical finance. This cutting-edge development takes the highly acclaimed Overbought & Oversold Heatmap and elevates it to an entirely new level by infusing it with price trends through the application of special moving averages. The result is...
Here is a fun new way to view the RSI. A new TradingView Indicator for you RSI enthusiasts. This is the Honey Chai RSI Indicator. This indicator combines the RSI oscillator with additional features to enhance its functionality and visual study. The purpose of this indicator is to provide a more comprehensive view of the RSI and aid in identifying trends, potential...
The Dynamic Fusion Oscillator (DFO) is a uniquely crafted trading indicator that amalgamates the power of the Relative Strength Index (RSI) and the Stochastic Oscillator into a single, comprehensive tool. It provides traders with a more nuanced analysis of market momentum and overbought or oversold conditions. The DFO's distinctiveness lies in its ability to...
Hello, I'm a passionate trader who has spent years studying technical analysis and exploring different trading strategies. Through my research, I've come to realize that certain indicators are essential tools for conducting accurate market analysis and identifying profitable trading opportunities. In particular, I've found that the RSI, SRSI, MACD cross, and Di...
Rainbow Drift Beta is an indicator that detects the triggers of long and short positions at any TF. It's based on two different type of approaches to the EMAs periods: - Classic EMAs periods: 10 and 50 - Cycle EMAs perdios: 16, 64 and 256 The 256 period EMA (Annual Cycle) detects the trend: if the EMA 64 (Three-Weekly Cycle) is above, it shows an uptrend;...
This is an RSI dashboard, which allows you to see the current RSI value for five timeframes across up to 8 tickers of your choice. This is a useful tool to gauge momentum across multiple timeframes, where you would look to enter a buy with high RSI values across the timeframes (and vice versa for sell positions). Conversely, some traders use RSI to identify...