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!
Hello traders and developers! I was wondering how built-in "roc" function in Pine is defined and calculated so I made a little research. I examined 4 samples: 1) "roc" function itself 2) "roc" according to its description 3) price change ratio 4) price percent change ratio The results of the first and fourth samples are identical. So, TV built-in roc(source,...
This indicator was originally developed by Sylvain Vervoort (Stocks & Commodities, V.26:11 (October, 2008): "ARSI, The Asymmetrical RSI").
🥢 Crypto-Sticks™ Rate of Change A new series of indicators brought to you by Cryptorthyhms...giving you an alternate look at your trusted favorites! 🚀 Indicator Specific Info ⛔Please remember that you will have to adjust the ROC overbought and oversold levels to suit the volatility of the instrument you are working with. In the future I will implement a...
This indicator was originally developed by Edwin "Sedge" Coppock (Barron's Magazine, October 1962). Specially for @AlexMayorov : 1) Buy when indicator crosses the zero line upside 2) Sell when indicator crosses the zero line downside
Colors the background of the chart aqua when the market is going sideways and purple when it's moving.
Smoothed Rate of Change indicator script. This indicator was originally developed by Fred G. Schutzman.
This is the new-age indicator which is version of RSI calculated upon the Rate-of-change indicator. The name "Relative Strength Index" is slightly misleading as the RSI does not compare the relative strength of two securities, but rather the internal strength of a single security. A more appropriate name might be "Internal Strength Index." Relative...
Calculates the strength of a particular currency taking into account it's rate of change (% price change in a period) in all correlated and anti-correlated pairs. For instance, when looking for USD strength we will add ROC for USDCAD, USDCHF and USDJPY while subtract AUDUSD, EURUSD, GBPUSD and NZDUSD. After ROC step, one can smooth the result using EMA, or...