Taylor Series Approximations for Trigonometry: 1. The indicator starts by calculating sine and cosine values of the close price using Taylor Series approximations. These approximations use polynomial terms to estimate the values of these trigonometric functions. Mathematical Component Formation: 2. The calculated sine and cosine values are then multiplied...
If you've ever been confused because Ta-Lib RSI differs from TradingView's RSI... Look no further than here which instead of using the Rolling Moving Average, will instead use the Simple Moving Average
The Ultimate Momentum Oscillator is a tool designed to help traders identify the current trend direction and the momentum of the prices. This oscillator is composed of one histogram and one line, paired with the two overbought and the two oversold levels. The histogram is a trend-based algorithm that allows the user to read the market bias with multiple trend...
The Relative Strength Volume Comparison is a powerful tool that can help traders identify the current trend based on volume pressure and potential reversals. This oscillator is made of two lines and the overbought and oversold levels. Each of these two lines is a relative-strength formula that contains both the famous RSI and CCI formulas, smoothed by a Hull...
The trend change detector oscillator is a tool designed to help traders identify the current trend direction paired with the potential reversal zones. The oscillator is made of multiple parts: - The colored histogram, that displays the current long-term trend direction (long if above 0, short if below) - The trend line, which shows the price in relation to the...
This non-repainting indicator is an improved version of my previous work, a more versatile tool designed to provide traders with dynamic and adaptive entry signals while incorporating a mean reversion and trend filtering mechanism. By combining RSI overbought/oversold, regular divergence and confirmatory momentum oscillator such as CCI or MOM, this indicator...
This is the Revised Version of Bar Color Long / Short Indicator With Advised SL with some extra features Overview This script is a trading indicator named "Bar Color Long / Short Indicator With Advised SL" designed for the TradingView platform. The indicator's primary purpose is to provide entry signals for long and short positions, based on various technical...
----------------------------------------------------------------- General Description: This indicator ( the one on the top panel above ) consists on some lines, arrows and labels drawn over the price bars/candles indicating the detection of regular divergences between price and the classic MACD histogram (shown on the low panel). This script is special because...
----------------------------------------------------------------- General Description: This indicator ( the one on the low panel ) is a classic MACD that also shows regular divergences between its histogram and the prices. This script is special because it can be adjusted to fit several criteria when trading divergences filtering them according to the "height"...
Discover the Crude Oil Tops and Bottoms Predictor Indicator: Your Key to Market Precision! How to Use: Ideal for the daily chart. Wait for the colored background to form. Confirm signals by waiting for the first candle to close after the background disappears. That would be your sign to go long (if the line is crossing up) or short (if line is crossing dow)....
This is a momentum strategy based on the Commodity Channel Index (CCI), with the aim of entering long trades in oversold conditions and short trades in overbought conditions. Optionally, you can enable an Exponential Moving Average (EMA) to only allow trading in the direction of the larger trend. Please note that the strategy will not plot the EMA. If you want,...
Description: The Impulse MACD Buy Indicator, developed by OwlPixel, is a powerful trading tool for traders using TradingView's Pine Script version 5. This indicator aims to provide valuable insights for identifying potential buy signals in the market using the popular MACD (Moving Average Convergence Divergence) oscillator. Key Features: MACD Analysis: The...
💡 The MACD indicator with trend interpretation and flat zones on top of the chart! 👉 This indicator clearly shows the zones of predominance of buyers, sellers, as well as zones of uncertainty (flat). Suitable for any instrument and timeframe! The MACD settings are standard. The setup menu sets the length of Fast, Slow and smoothing for calculating the MACD...
The strategy aims to create a simple buy-only trading system based on moving average crossovers and the Weekly Commodity Channel Index (CCI) or Weekly Average Directional Index (ADX). It generates buy signals when the fast-moving average crosses above the slow-moving average and when the Weekly CCI and or Weekly ADX meet the specified conditions. The strategy...
The central aspect of this indicator is the computation of a normalized close price. The normalized close price is computed by first determining the highest and lowest closing prices over a specified historical period. This highest and lowest value form the boundaries of the historical price range. Once these bounds are established, the current closing price's...
This appealing little tool is a derivation of the CCI indicator and was developed in 2023 by Mario Jemic for MT4. It has additional settings that the conventional CCI indicator does not have. Furthermore, it is combined with moving averages to create signals. This is lines crossing confirmation type indicator. Look for the orange line to cross the moving average...
This Pine script is an indicator called "MACD Higher TimeFrame" that calculates and displays the Moving Average Convergence Divergence (MACD) on a higher timeframe. It is designed to be used on a lower timeframe chart but show the MACD values from a specified higher timeframe. The indicator takes several inputs, including the fast length, slow length, source...
Variety Step RSI w/ Dynamic Zones is a stepped RSI calculation with Discontinued Signal Lines. This indicator includes 7 types of RSI to choose from. The addition of the Discontinued Signal Lines allows this indicator to better identify momentum shifts in price so traders have better defined long/short signals. Enhanced Moving Average Calculation with Stepped...