Hello traders! This indicator was originally developed by Paul L. Dysart in the 1930s and then described and popularized by Norman G. Fosback in his book "Stock Market Logic: A Sophisticated Approach to Profits on Wall Street" . Like and follow for more cool indicators! Happy Trading!
Hello traders! I am reading "Investing with Volume Analysis: Identify, Follow, and Profit from Trends" by Buff Pelz Dormeier so I am going to implement all indicators that are considered there. VW-MACD was developed by Buff Pelz Dormeier in 2000 and is based on the difference between a short-term volume-weighted moving average and a long-term volume-weighted...
Draw EMA(12) and put a signal when EMA(12) cross with EMA(50). EMA(50) is not rendered on the canvas.
This script takes the Rule #1 3 tools and plots them on the graph, to provide an additional level of indication for when to sell and when to buy.
Published by POOYAMONTOYA This is a triple moving average with optional inputs in one oscillator For more information and use our platform please contact us
The Sexiest RSI in Town ! - Range zone are indicated with lower colors - MA 10 cross signals
// Script created by JoinFree // Modified by lvinnyl to trigger alerts // Click on image below for original script...
The script shows arrows on bars that are in overbought or oversold, based on the set parameters of Relative Strength Index ( RSI ) and Relative Volatility Index (RVI). Also there is a universal allert, which includes both conditions - overbought and oversold. You can change the period of RSI and RVI, as well as the upper and lower boundaries of these indicators.
RSI DIVERGENCE is a difference between a fast and a slow RSI. Default values are 5 for the fast one and 14 for the slow one. You can use this indicator in 2 different ways: normal RSI : check double or triple top/bottom on a chart meanwhile RSI is descending/ascending (check the example on chart) signal line : when RSI Divergence cross zero line from...
Stochastic Momentum Index (SMI) or Stoch MTM is used to find oversold and overbought zones. It also helps to figureout whether to enter short trade or long trade. Red Shade in the Top indicates that the stock is oversold and the Green shade in the bottom indicates overbought. Strategy: Enter Long once the Overbought Zone ended and there's a crossover...
You can create an alert based on this signal :) Works on standard and Heikin-ashi candles You can also adjust the sensitivity (how big you want the body of the doji) :)
Hey everyone, this is one strategy that I have found profitable over time. It is a multiple time frame strategy that utilizes 3 time-frames. Highest time-frame is the trend, medium time-frame is the momentum and short time-frame is the entry point. Long Term: - If closed candle is above entry then we are looking for longs, otherwise we are looking for shorts ...
Modified Ichimoku indicator with signals from PanOptic Method by User Ichimoku_Trader.