This is the TSI Market Timer. It is years in the making and it is comprised of four indicators in one. The stock (or source) is run through an indicator called the True Strength Indicator with settings(5,15) , then the TSI is run on both the Index(SPY) by default and what I call a Trigger line which is basically the TSI applied to the DXY (US Dollar Index). ...
Introduction to ADO The Advanced Divergence Oscillator (ADO) is a modern tool crafted for traders in various markets like stocks, forex, or cryptocurrencies. Imagine it as a smart gadget that helps you understand the ebb and flow of market prices. Unlike standard tools, ADO provides a more nuanced view, enabling you to grasp subtle changes in market...
Fisher Transform developped by Ehlers is used mostly to detect peaks and troughs, which it does with little lag, but there are many false signals. Looking at its formula and construction, we can revisit it for the purpose of detecting trends and flat market. How do we want to do that? There are 3 different actions: Increase the default value from usual 9 or...
The "Dynamic Trend Fusion" (DTF) indicator is a powerful technical analysis tool for traders. It stands out from other indicators due to its adaptability and ability to provide insights into different trading styles. Users can choose from various trading options such as "Short-term Trading," "Long-term Trading," "Aggressive Short-term," "Conservative Long-term,"...
What is this ? This Strategy script is not aim to produce strategy results but It aim to produce monthly PnL performance Calendar table which is useful for TradingView community to generate a monthly performance table for Own strategy. So make sure to read the disclaimer below. Why it is required to publish?: I am not satisfied with the monthly performance...
The multi-data oscillator is a tool created to help traders visualize clearly how an oscillator works and moves considering different input parameters. In this tool, you can choose to visualize the script as the RSI, the CCI, the LOC indicator, a custom-created formula that simply shows the location of the data considering X past values, or the average of all of...
This is a supporting Indicator for the Volume Price Analysis Script VPA 5.0. Purpose To indicate the performance of the stock compared to an Index or any other selected stock. It also provides an idea about the strength of the Reference Index as well. Description The indicator is an unbound oscillator moving around a zero line. If the stock is strong then...
Original Stochastic Oscillator Formula: %K=(C−Lowest Low)/(Highest High−Lowest Low)×100 Lowest Low refers to the lowest low of the past n periods. Highest High refers to the highest high of the past n periods. K Stochastic Indicator Formula: %K=(Source−Lowest Source)/(Highest Source−Lowest Source)×100 Lowest Source refers to the lowest value of...
The nRSI stands as a groundbreaking enhancement of the traditional Relative Strength Index (RSI), specifically engineered for traders seeking a more refined and accurate tool in fast-moving markets. Customizable Price Change Period (n): Unlike the traditional RSI which solely relies on a fixed period for average gains and losses, the nRSI introduces an...
The Detrended Price Rate of Change is an oscillator developed to help traders identify potential conditions of overbought and oversold markets. The formula of the oscillator includes both the Detrended price formula, useful to spot divergences, and the Rate of change simplified formula, which helps in identifying overextended markets and gives useful information...
📈 Harmonic Trend Fusion - Your Personal Trading Assistant This versatile tool combines multiple indicators to provide a holistic view of market trends and potential signals. 🚀 Key Features: Multi-Indicator Synergy: Benefit from the combined insights of Aroon, DMI, MACD, Parabolic SAR, RSI, Supertrend, and SMI Ergodic Oscillator, all in one powerful...
The ADX Speed Derivative (ADXSD) is a cutting-edge trading indicator meticulously crafted for trend analysis. By harnessing the power of the Average Rate Of Change (AROC) method applied to the first and second derivatives (pictured in white and purple, respectively) of the ADX oscillator, this indicator transcends conventional tools, offering traders unparalleled...
The ATH (All-Time High) Drawdown Indicator, developed by Atilla Yurtseven, is an essential tool for traders and investors who seek to understand the current price position in relation to historical peaks. This indicator is especially useful in volatile markets like cryptocurrencies and stocks, offering insights into potential buy or sell opportunities based on...
Abstract This script evaluates how easy for traders to trade. This script computes the level that the gains were distributed in many trading days. We can use this indicator to decide the instruments and the time we trade. Introduction Why we think the trading markets are boring? It is because most of the gains were concentrated in a few trading days. We look for...
INFO: This indicator can be used to build-up a strategy for trading of assets which are currently in trending phase. My preference is to use it on slowly moving assets like GOLD and on higher timeframes, but practice may show that we find more usefull cases. This script uses two indicators - MACD and RSI, as the timeframe that those are extracted for is...
RSI & MA Strategy : INTRODUCTION : This strategy is based on two well-known indicators that work best together: the Relative Strength Index (RSI) and the Moving Average (MA). We're going to use the RSI as a trend-follower indicator, rather than a reversal indicator as most are used to. To the signals sent by the RSI, we'll add a condition on the chart's MA,...
The "Dope DPO" (DDPO) indicator is a technical analysis tool designed for traders to identify trends and potential trend changes in the market. It's based on the concept of the Detrended Price Oscillator (DPO), but with several enhancements for greater versatility and user customization. Key Features of the Dope DPO Indicator: Averaging Multiple Periods: ...
Pullback and Throwback candles can help traders determine the the potential reversal points USAGE The indicator identifies pullback and throwback in overbought and oversold zones by measuring the distance between the price and its relative strength index. A Pullback is an expected rebound in a downtrend (painted in green area), while a Throwback is a...