Description: The "ADX Momentum Shaded Candles" indicator (ADXMSC) is an overlay indicator that enhances candlestick charts by adding shading based on the momentum derived from the Average Directional Index (ADX). This indicator provides visual cues about the strength of bullish and bearish momentum by adjusting the transparency of the candlesticks. How it...
Description: The Histogram Momentum Shaded Candles (HMSC) indicator is designed to provide traders with valuable insights into short-term price action using a histogram visualization. This indicator overlays the histogram on the chart, allowing traders to identify bullish and bearish periods with ease. It offers customizable color settings for different levels of...
what is Colorful Moving Averages? This indicator allows you to use your favorite moving averages in their advanced form. what it does? It gives you easy access to the following information with a single indicator: the direction and momentum of the price, rate of change of momentum (acceleration), time-dependent change in momentum, and all the other information a...
This is a comprehensive trading tool that presents an overview of the market in a tabular format. It consists of five distinct categories of trading indicators : Volatility, Trend, Momentum, Reversal, and Volume. Each category includes a series of indicators that are widely used in the trading communauty. The Volatility category includes the Average True Range...
╭━━━╮ ╰╮╭╮┃ ╱┃┃┃┣╮╱╭┳━╮╭━━┳╮╭┳━━╮ ╱┃┃┃┃┃╱┃┃╭╮┫╭╮┃╰╯┃╭╮┃ ╭╯╰╯┃╰━╯┃┃┃┃╭╮┃┃┃┃╰╯┃ ╰━━━┻━╮╭┻╯╰┻╯╰┻┻┻┻━━╯ ╱╱╱╱╭━╯┃ ╱╱╱╱╰━━╯ Overview Dynamo is built to be the Swiss-knife for price-movement & strength detection, it aims to provide a holistic view of the current price across multiple dimensions. This is achieved by combining 3 very specific indicators(RSI,...
I created this indicator to tell me when it's time to trade (going long) and when it's time to wait (or going short). You can enter up to 13 ticker (default is S&P500 and key market segments). For each ticker, fibonacci levels are calculated and represented either in 5 color or 3 color mode as single lines. (Thanks to eykpunter for the fibonacci level...
Introduction Hello community, here I applied the Inverse Fisher Transform, Ehlers dominant cycle determination and smoothing methods on a simple Rate of Change (ROC) indicator You have a lot of options to adjust the indicator. Usage The rate of change is most often used to measure the change in a security's price over time. That's why it is a momentum...
Crypto-DX can be used to help measure the overall strength and direction of the crypto market trend. Furthermore, it can be used as a screener to find out cryptocurrencies which are accumulating momentum and tends to potentially pump or dump. How this indicator works : If the Crypto-DX cross above the zero-level, it could be an indication that there is a...
This script mixes the Lazybear Momentum indicator, ADX indicator, and EMA. Histogram meaning: Green = The momentum is growing and the ADX is growing or above your set value Red = The momentum is growing on the downside and the ADX is growing or above your set value Orange = The market doesn't have enough momentum or the ADX is not growing or above your value...
What is Faytterro Estimator? This indicator is an advanced moving average. What it does? This indicator is both a moving average and at the same time, it predicts the future values that the price may take based on the values it has taken before. How it does it? takes the weighted average of data of the selected length (reducing the weight from the middle to the...
Trend Friendly RSI Unlike the standard RSI, "Trend Friendly RSI" adapts to the trend. RSI and other momentum-based oscillators cannot give a buy signal in uptrends and a sell signal in downtrends because they do not take into account the momentum of the trend and behave as if the price is in a constant sideways trend. "Trend Friendly RSI", on the other hand, takes...
The objective of this indicator is to be a leading indicator that can detect a large price change before it happens. It is based on the On Balance Volume (OBV) indicator, which is a leading indicator based on the premise that a large change in volume often precedes a large price change. This indicator charts the N-Period deviation of the OBV data and displays it...
In my opinion the %K is the only part of the stochastic that you actually need. It's the fast RSI, so it responds much better to large price movements and reveals divergence a lot sooner than %D. The %D has no real confluence with the rest of my strategy so, I only use %K.
This Momentum indicator shows a green or red ribbon when smoothed momentum is bullish or bearish. It also includes a long moving average for overall trend confirmation. Wait until the ribbon holds above or below the long moving average and take positions in that direction. To get an easier to read momentum indicator, I smoothed the momentum out and paired it next...
This is a score metric used by the Accelerating Dual Momentum strategy. According to the website you referenced when you created, the strategy is as follows: Strategy Rules This strategy allocates 100% of of the portfolio to one asset each month. 1. On the last trading day of each month, calculate the “momentum score” for the S&P 500 ( SPY ) and the...
A Percentage Momentum Indicator (oscillator) is a technical indicator which shows the trend direction and measures the pace of the price fluctuation by comparing current and past values. Normalized to be bounded to oscillate between 0 and 100 percent of recent price variation. As is, it average true range of an instrument can be easily compared to any other...
What is it? This indicator is the percent of negative days minus the percent of positive days in a year multiplied by the sign of the overall return of the lookback (365 days for crypto and 252 days for stocks). FIP = sign(return of lookback) * What is it used for? This indicator is used as a quality screener for momentum stocks. It is based behind the...
This indicator is the Mobo Bands (Momentum Breakout Bands). These bands are bollinger bands that have an adjusted standard deviation. There are Buy signals when it has momentum breakouts above the bands for moves to the upside and Sell signals when it has momentum breakouts below the bands for moves to the downside. The bands simply suggest that all markets...