The Multi-Timeframe Momentum Indicator is a trend analysis tool designed to examine market momentum across various timeframes on a single chart. Utilizing the Relative Strength Index (RSI) to assess the market’s strength and direction, this indicator offers a multidimensional perspective on current trends, enriching technical analysis with a deeper understanding...
🔵 Introduction 🟣 Understanding Divergence As mentioned, divergence occurs in technical analysis when a stock's price behaves contrary to indicators on the price chart. Divergence can signify either a reversal of the stock's trend or a continuation of the previous trend correction. Divergences can act as reversal patterns or continuation patterns. Moreover,...
The MACD on RSI indicator combines elements of the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI). It calculates the RSI on a specified source with a customizable length, then applies two exponential moving averages (EMAs) to the RSI values. The difference between these EMAs forms the MACD line, visually representing the...
This script explains how RSI Oscillator along with Bollinger Bands & Moving Average can be used to catch "Reversal Points". What is an Oscillator:- An oscillator is a technical analysis tool that constructs high and low bands between two extreme values and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to...
Relative Strength Index (RSI) The Relative Strength Index (RSI) is a popular momentum oscillator used in technical analysis to measure the speed and change of price movements. Developed by J. Welles Wilder, the RSI is calculated using the average gains and losses over a specified period, typically 14 days. Here's how it works: Description and...
Brief introduction: Easy to use trend indicator to help find entry positions How it works: 1, short-term trend judgment: EMA is greatly influenced by short-term trends, so it is very good to use it as a tool for judging short-term trends. At the same time, the filtering function has been added: Long: green Short: red No direction: blue 2, the general trend...
The Giga Kaleidoscope GKD-C Schaff Trend, Volty-adaptive RSX is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System." █ GKD-C Schaff Trend, Volty-adaptive RSX The "Schaff Trend Cycle Jurik Volty Adaptive RSX" merges sophisticated analytical techniques to offer nuanced insights into market trends and cycles, emphasizing...
Introducing the Adaptive Schaff Trend Cycle by AlgoAlpha: Elevate Your Trading Strategies 🚀 Discover precision and adaptability with the Adaptive Schaff Trend Cycle 🎯, meticulously crafted for traders seeking an edge in the markets. This advanced tool integrates sophisticated algorithms to offer clear insights and real-time analytics 📈. Key Features: ...
LSMA Z-Score Main Features and Use in the Trading Strategy - The indicator normalizes the LSMA into a detrended Z-Score, creating an oscillator with standard deviation levels to indicate trend strength. - Adaptive coloring highlights the rate of change and potential reversals, with different colors for positive and negative changes above and below the...
Overview: CoF , short for "CoT artificial by Oster and Freundl", presents a novel approach to market analysis, inspired by the traditional Commitments of Traders (CoT) Index . Based on the artificial CoT calculation according to Freundl and Oster (explained below), this indicator provides traders with a versatile tool applicable across various markets,...
**Use the comments section below to request access to the script** Market Trends need to be confirmed each and every time. Over the years the Money Flow Index has been a tool to find where the money is flowing either long or short in market movements. Long confirmation and false short Confirming a long entry: 1. Wait for price to close above a previous swing...
Introduction: The Z Score & Trend Following indicator is a tool used in financial markets to assess the standard deviation of a data point from its mean value over a specified period. It calculates the Z score, which is a measure of how many standard deviations an element is from the mean. This indicator also incorporates trend-following characteristics, allowing...
The Giga Kaleidoscope GKD-C Composite Index is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System." █ GKD-C Composite Index The Composite Index is a sophisticated technical analysis tool that enhances the traditional Relative Strength Index (RSI) by incorporating momentum and multiple time frame analysis. It calculates two...
"WinningWave - Eylem" is designed as an auxiliary oscillator to the "WinningWave - Devrim" indicator. This specialized tool stands out for its ability to generate buy-sell signals that are compatible with the harmonic formations identified by Devrim. While the primary indicator, Devrim, is utilized to determine harmonic formations and potential trend reversal...
This indicator generalises the idea of MACD to take any arbitrary series available on the chart, using input.source values . To provide an overview of the MACD indicator: You have two EMAs, one with a faster period, usually 12, another with a slower period, usually 26. You calculate a MACD line, by doing (fastEMA - slowEMA) You then calculate a Signal...
MOST is applied on this RSI moving average with an extra default option added VAR/VIDYA (Variable Index Dynamic Moving Average) MOST added on RSI has a Moving Average of RSI and a trailing percent stop level of the Moving Average that can be adjusted by changing the length of the MA and %percent of the stop level. BUY SIGNAL when the Moving Average Line crosses...
The Fourier Smoothed Volume Zone Oscillator (FSVZO) is an innovative technical indicator that leverages complex mathematical models to provide a multifaceted view of market dynamics. Designed as a closed-source script for TradingView, FSVZO employs Fourier analysis and the Augmented Dickey-Fuller (ADF) test to help traders identify and capitalize on potential...
This script is a comprehensive trading indicator named "Hull AMA Signals", which combines AMA and HSO by LuxAlgo and ther video based strategy techniques to provide buy (long) and sell (short) signals. It overlays directly on the price chart, offering a dynamic and visually intuitive trading aid. The core components of this indicator are Adaptive Moving Averages...