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.
If the value drops (or rises) SHARPLY, we will receive an alert
Welcome! Thanks for checking out my indicator. This is the difference in the rate of change between two exponential moving averages. The colors are green and red: - Green is when the fast EMA > slow EMA - Red is when the fast EMA < slow EMA When the indicator approaches it's upper or lower limits, it will indicate either sideways price movement or a reversal....
Pretty simple really - when the oscillator is positive it means that there's bull RSI divergence, negative means there is bear RSI divergence. Simple formula to make it, Rate of Change on RSI vs. Rate of Change on price, smoothed out using an EMA.
Introduction There are different and better way's to see price data, a candlestick chart is one of the best way to see the price since you have access to the open/high/low/close information, this is really efficient and can allow for naked non parametric trading strategies (candlesticks patterns) . But what about making candles out of indicators ? There are...
An utility tool to see month-to-month performance of the asset and to eliminate the need in drawings. It works everywhere but better in use on the daily timeframe.
This script helps to identify ROC pivot points and aims to show you when the trend has changed direction.
A utility tool to show price % drop since All-Time High. Works on any ticker/instrument/asset. Good luck!
Hello traders! This indicator was originally developed by Paul L. Dysart in the 1930s and then described and popularized by Norman G. Fosback in his book "Stock Market Logic: A Sophisticated Approach to Profits on Wall Street" Like and follow for more cool indicators! Happy Trading!