Note; this is experimental / learning work -- has nothing to do with the existing "Ultimate Oscillator" -- i call this project UTOpia :) This is based on some research work i was doing around the Balance Of Power - which i posted about in the past the conclusion form there was a questions of, what would we get if we create an indicator that takes into...
This indicator displays positive and negative volume separately. I also added a SMA for better assessment of the markets trend. Leave your feedback in the comments :)
The Hurst Coefficient was created by John Ehlers (Cycle Analytics For Traders pgs 67-68) and this is a very useful indicator to tell you if the stock is in a uptrend or downtrend. Feel free to change the length to experiment and to adjust to your needs. Buy when the indicator line is green and sell when it is red. Let me know if there are other indicators you...
Version 2, Shannon Entropy This update includes both a deadband (Plotting Optional) and PercentRank Indicating. Here is a unique way of looking at your price & volume information. Utilize the calculated value of "Shannon Entropy". This is a measure of "surprise" in the data, the larger the move or deviation from the most probable value, the higher the new...
Elliott Wave Principle , developed by Ralph Nelson Elliott, proposes that the seemingly chaotic behaviour of the different financial markets isn’t actually chaotic. In fact the markets moves in predictable, repetitive cycles or waves and can be measured and forecast using Fibonacci numbers. These waves are a result of influence on investors from outside sources...
It´s a multiple (3) Moving Average Convergence Divergence (MACD) indexes. It was created to help traders to identify trend changes in multilple time frames, in the same graph.
The Super PassBand Filter was created by John Ehlers (Stocks & Commodities V. 34:07 (10–13)) and this is a pretty useful indicator to let you know how volatile the market is right now. This is useful for scalpers because this lets you avoid the choppy markets (usually when the rms is 1.50 or less but feel free to choose your own level) and gives you good entry and...
The Alternate Signal To Noise Ratio was created by John Ehlers (Rocket Science For Traders pgs 84-85) and this is a variation of his signal to noise ratio that some scalpers might find more useful than his default signal to noise ratio. You would want to buy and sell when the indicator is above the dotted line because that means the stock is volatile enough to...
Price and Moving Averages Convergence/Divergence, shortly named as P-MACD P-MACD is a trend-following momentum indicator that shows the relationship between Price and Long-term Moving Average (PMACD), and the relationship between two Moving Averages (MAMACD). P-MACD is composed of two lines, and an histogram, showing price distance (convergence/divergence) to...
Calculates the difference between net of noncommercials and net of commercials. Difference = (net of noncommercials) - (net of commercials). The extreme reading in one end or another may indicate the possible change of trend. Based on Tradingview COT sample script and Babypips formula. Works on daily timeframe.
This indicator calculates the difference between net of non-commercials and net of commercials. Based on Tradingview cot sample script and babypips formula. Difference = Net of Non-Commercials - Net of Commercials
This is the Great stochastic rsi that color the candles on green when the K% is above the the D% and red when the K% is below the D%. Stochastic rsi is a momentum indicator and it should be used to indicate the direction of the market. It can be used as confirmation of a buy signal when the market is showing higher high and higher lows and after a red colored...
Moving average convergence divergence pro. Original MACD with new features, Including... 1. Three different modes. Basic, Logarithmic, Percent (calculates difference of oscillator MAs in percent) 2. Additional moving averages for oscillator, signal and even histogram. EMA, WMA (linearly weighted), LMA (logarithmically weighted), SMA Volume Weighted...
The Zero Mean Roofing Filter was created by John Ehlers (Cycle Analytics For Traders pg 80) and this is a much more reactive roofing filter compared to Ehler's Roofing Filter which I also added for reference. Buy when the indicator rises over 0 and sell when the indicator falls below 0. This was a special request so let me know if there are other indicators you...
The Roofing Filter was created by John Ehlers (Cycle Analytics For Traders pgs 81-82) and this can be interpreted in a few ways. When the indicator crosses over its signal then it is a short term uptrend and when it crosses below its signal then it is a short term downtrend. It is also in a major uptrend or downtrend when it is above 0 and below 0 respectively....
Hot off the presses! The Truncated BandPass Filter was created by John Ehlers (Stocks & Commodities July 2020) and this is a much more reactive version of his original bandpass filter. When the indicator rises above 0 then it is an uptrend and when it falls below 0 then it is in a downtrend. Buy when the indicator line is red and sell when it is green. Let me...
A rate of return (RoR) is the net gain or loss of an investment over a specified time period, expressed as a percentage of the investment’s initial cost