OBV with an extra twist. Add up to 4 moving averages and choose from simple, exponential, smoothed, etc. Choose to display a trend fill. Fill will be green when above the MA4 or red when below it. If the difference between the MA1 and MA4 is growing, the trend fill will be a more solid color indicating a strengthening trend. If the gap is lessening, it will...
This is a very standard version of the Wave Trend Oscillator. The Channel and Average values are displayed as lines, most people display them as areas. The Channel and Average difference is displayed as a histogram, most people display it as a tiny noisy area. I was unable to find a standard version of the Wave Trend Oscillator. The colorful hyped up versions of...
This indicator is a reliable, exhaustive, instant, simple divergence detector for the MACD 4C oscillator. I've struggled for months to find a MACD divergence indicator I can rely on, I've tinkered with the ones I found and never was satisfied by the final result. For all of them important divergences were not shown, for some divergences was shown too late, for...
This indicator is a reliable, exhaustive, instant, simple divergence detector for the RSI oscillator. I've struggled for months to find a RSI divergence indicator I can rely on, I've tinkered with the ones I found and never was satisfied by the final result. For all of them important divergences were not shown, for some divergences was shown too late, for...
█ OVERVIEW Here's the classic MACD with some simples features in plus. █ CONCEPTS 4 features 1 — Classic MACD histogram, with 4 different colors such as above or below 0, and above or below the previous bar 2 — Display option to disable EMA 3 — A signal line that show the exact point, because the histogram view might be hard to be precise 4 — Looking for...
The indicator measures ATR relative to VOLUME of each candle, marks the candles where there is more volume than in the previous one, but a lower ATR - signifying a compression in price movement - resistance. It also marks the candle where there is a greater ATR than in the previous candle, but lower volume - signifying an expansion in price movement -...
Introduction The Median Convergence Divergence (MCD) is a derivative of the Moving Average Convergence Divergence (MACD). The difference is the change in the use of the measure of central tendency. In MACD, moving average (mean) is used, whereas, in MCD, the median is used instead. The purpose of using the median is to eliminate the outlying values, which would...
Draft release: This indicator shows the comparative returns from US bonds vs BTC. I was inspired by this Twitter thread: twitter.com If you compare the price action of Bitcoin against bond returns over the last year, there's an extraordinary degree of correlation. This may give insights into what's coming next for BTC , but at some point the relationship will...
4 Stochastic indicator into 1. Different lengths produce short-term and long-term indicators that can help with finding the trend and impulses within the trend. It can also find reversal points when all 4 are at the extreme at the same time. Ex. All 4 Stoch are above 90 or under 10 !! This could signal a bottom or top is soon to happen. (This is not always true...
Automated divergence detection with unparalleled customizability for any market on TradingView. This is the Basic (Free) version of The Divergent - Advanced Divergence Indicator . Features : 1. Divergence detection for any market & any timeframe Bitcoin? Tesla? Gold? You name it. The Divergent will spot divergences for you on any market and any...
Automated divergence detection with unparalleled customizability for any market on TradingView. This is the Pro version of The Divergent - Advanced Divergence Indicator . The Pro version contains everything that is in the Basic version, plus: 1. Access to a 2nd indicator, called "The Divergent's Companion" By applying the companion indicator to the same...
Japanese below / 日本語説明は下記 Overview Multi-function RCI indicator with functions below. 1.Multiple signals according to conditions where 3 RCI lines cross 2.Alert when signals triggered 3.Auto divergence drawing What is RCI? RCI is one of the oscillator indicators such as RSI and stochastic, measuring overbought/oversold. While RSI and stochastic measures...
Compare two cross area: k is increasing, low is lower and previous k is less than bottom level then it is bottom divergence k is decrease, high is higher and previous k is more than top level then it is top divergence With long term moving average(400), seems that Stochastic Divergence is more accurate than RSI Divergence on 1m chart.
™TradeChartist Mean Momentum Drift Oscillator (MMDO) is the Oscillator version of the ™TradeChartist Mean Momentum Drift Bands (MMDB) indicator with some added visual features to spot Momentum, divergences and Price action using ™TradeChartist Zone Visualizer model....
True Strength Index , or TSI is considered a "leading indicator" - in contrast to a "lagging indicator" just as Moving Averages it does not show a confirmation what already happened, but it shows what can happen in the future. For example: The chart is climbing while the TSI oscillator is slowly declining, gets weaker and weaker, maybe even prints bearish...
The MM Ninja is a a 2-1 oscillator with the Smoothed Mac-D and the MM Ichimoku turned into an oscillator. - Plots Divergence - QQE Trailing stop - Pullback Alarms (reversals/with trend) - Alarms for all functions How to use- Line the signal given with the MM Sensei Ichimoku for confirmation of trade to measure momentum Use the Pullback function to get into...
Reuploaded after TV took it down. A free scalping reversal, top and bottom indicator. It prints signals in real time, and should be used for scalping. Following candle will usually always follow the signal but from there closer management is required. This script uses RSI, Volume, OBV, Pivots and a few more indicators to calculate the signals. Use alongside...