Change Channel is like KC unless it uses percentage changes in price to set channel distance. Midline is zero-lag smoothed ROC with dynamic period based on MA Streak indicator, if MA Streak shows an ongoing trend, midline going strong and break out the channel. Consider using ▲ green areas as a signal to buy and ▼ red areas as a sell signal. It works best...
This oscillator is the combination of different settings RSI , RSX , STOCHRSI , MSI ,... in a Stochastic function that can help traders to understand the weakness and strength of momentum in candle sticks in different time frames. This oscillator organized by three Line , control zone and Divergence Line 1:) Fast Line 2:) Slow Line 3:) Heavy Line 4:) Neutral...
This signal is to be plotted on the underlying symbol for which options can be sold for the the same. If signal line is raised with green color that means I can sell put options with proper hedging so that I will not loose more that 3% of my capital. Until the horizontal zero line is green one can stay in the position with bullish bias. If it turns red then...
This is an indicator from a book "Street Smarts—High Probability Short Term Trading Strategies" by L. Raschke & L.Connors. I made it in histogram style for more comfortable reading chart: - green histogram is buy signal or buy opportunity; - red histogram is sell signal or sell opportunity; - gray histogram is forward moving from last signal. Enjoy it!
Rate of change indicator based on Nick Radge's Weekend Trend Trader Strategy, with an added extra of EMA smoothing if you want it. This indicator simply turns green when the rate of change is above a certain level (value is set in threshold) Threshold is defaulted to 30 as outlined in the strategy rules
This script implements the Binary Trade Logic (BTL) algorithm to calculate two distinct scores that range from 0 to 7. One score is calculated assigning a power of 2 weight to the positive sign of 3 Phi^3 distant Moving Average (MA) slopes. The other score is calculated assigning a power of 2 weight to the sign of the difference between the price and the value of...
This script implements the Binary Trade Logic (BTL) algorithm to calculate two distinct scores that range from 0 to 7. One score is calculated assigning a power of 2 weight to the positive sign of 3 Phi^3 distant Moving Average (MA) slopes. The other score is calculated assigning a power of 2 weight to the sign of the difference between the price and the value of...
This script implements the Binary Logic Trading (BLT) algorithm to calculate a score from 0 to 7. This score is calculated assigning a power of 2 weight to the positive sign of 3 Phi^3 distant Moving Average (MA) slopes. The largest MA slope positive sign receives weight 4, the middle length MA slope positive sign receives weight 2 and the shortest MA slope...
This script implements the Binary Logic Trading (BLT) algorithm to calculate a score from 0 to 7. This score is calculated assigning a power of 2 weight to the positive sign of 3 Phi^3 distant EMAs' slopes. The largest EMA slope positive sign receives weight 4, the middle length EMA slope positive sign receives weight 2 and the shortest EMA slope positive sign...
This script shows the angle of 6 Moving Averages (MAs) to perform trade analysis. The MA angle is also known as its Rate Of Change ( ROC ). The 6 MAs (I, II, III , IV, V and VI ) default lengths come from one of the Fibonacci Phi^3 and Phi^3/2 sub series (17, 34, 72, 144, 305 and 610), but can be changed to any values, particularly to the traditionally used 20,...
This script shows the angle of 6 EMAs to perform trade analysis. The EMA angle is also known as its Rate Of Change ( ROC ). The 6 EMAs (I, II, III , IV, V and VI ) default lengthes come from one of the Fibonacci Phi^3 and Phi^3/2 sub series (17, 34, 72, 144, 305 and 610), but can be changed to any values, particularly to the traditionally used 20, 40, 50, 100, 200...
This is based on the original TSI Indicator that's already built in. The PC is originally taken as the change between the current price - the previous price. I substituted that with Rate of Change. Using a 1 period ROC it's quite similar to the TSI Indicator and increasing the length results in a smoother TSI. I hope it helps, Andre
This plots the selected resolution's percent change from open to close. Easy way to check the previous period's range with less noise. Note the latest period is calculating on a bar that hasn't closed so it won't update unless you refresh/change timeframes to prevent incorrect reporting.
Return on Investment (ROI) is a performance measure used to evaluate the efficiency of an investment in a particular asset. This tool provides a %-based ROI that can be calculated starting from a specific date or across the entire history of an instrument. Don't forget to toss a coin to your witcher (see the requisites below)
Sharing to learn and to help others. Any feedback on layout/structure/shortcuts will always be appreciated. Simple indicator for close of candle above or below EMA with ROC and CO acting as a filter.
Rate Of Change Earnings Move What is it and how does it work? The Rate of Change Earnings Move indicator or ROCEM is an indicator designed for giving the user an idea of how much a stock has moved up or down in past earnings reports. This is ideal for options traders who can use ROCEM to calculate whether or not their long straddles are actually probable of...
This is a potential solution to dealing with the inherent lag in most filters especially with instruments such as BTC and the effects of long periods of low volatility followed by massive volatility spikes as well as whipsaws/barts etc. We can try and solve these issues in a number of ways, adaptive lengths, dynamic weighting etc. This filter uses a non linear...
Relative Volume ( RVol ) is a critical measure of volume flows. It measures current volume in relation to the "usual" volume for this time of the day. Rate of Change ( RoC ) is a momentum-based technical indicator that measures the percentage change in price between the current price and the price a certain number of periods ago.