RSI / Stoch / Stoch RSI (SRSI) Overlay [SigmaDraconis]One indicator combining RSI, Stochastic Oscillator and Stochastic RSI in one.
Credits for rwhiteside and his RSI / Stoch RSI Overlay indicator who served as inspiration to all three.
I believe this will be very useful to a lot of people.
If you like, use and i prove to be , you can contribute to my
TIP JAR :
Stokastik Osilatör
RSI + Stoch/RSIThis is a combination of 2 of the most used indicators. RSI and stochastic/RSI
Ive coded them both to work together to save space on your chart and work as only ONE indicator.
I specifically only use the D line with my rsi , but you have the option to use the K and D line if you so choose.
RSI is good for momentum
Stochastic is good for short term momentum.
They work very well together and if you are a swing trader or scalper they can help immensely when looking for sniper entry areas after you've done you're initial pattern, level, fibonacci and wave analysis.
I like the way this works and have been using these two indicators for a while so I figured I would share.
Happy new year everyone, God bless!
Ehlers-Smoothed Stochastic Oscillator [Krypt]This indicator is in principle similar to Stochastic Oscillator, but contains the following improvements:
- advanced Ehlers-based smoothing (typically results in earlier signals than regular EMA smoothing)
- graceful degradation when few candles present for improved accuracy in the beginning of the chart
- buy/sell signals based on K-D crossover above/below thresholds
KDJ & RSIRSI and KDJ indicator combined.
KDJ: Buy when J (purple) is going up and and crossing KD (orange) from below. Sell vise versa.
RSI: Overbought when RSI is over 70, oversold when RSI is under -10.
Cuathro EMA StrategyIt's a long term script based on multiples EMA, crossover and crossunder.
Based on two good scripts CM Sling and OCC.
Always adjust resolution at least twice than chart.
Enjoy it! BTCUSD
RS_Stoch-RSI_MTFmodification by Richard Siegers that turned stochastic mtf from ChrisMoody into stochastic-rsi mtf
Stochastic with False bar R2-2 by JustUncleLThis study project is an updated version of the implementation of the "Stochastic False BAR" indicator.
Description:
The standard Stochastic buy/sell indications come from Stochastic crosses about the standard overbought/oversold zones (80/20). This does not always work and you get stuck in the OB/OS zones with a trend continuation. Utilising a second much longer length Stochastic, the "False BAR" (Black) indicates when it is unsafe to take Stochastic cross over trades. Where the false bar does not appear (aqua, no background highlighing), the overbought / oversold conditions of the Stochastic can be considered higher-probability reversal areas and thus trading opportunities.
This Revision:
Added options to enable/disable False Bar lines and Stochastic trends.
Added options to modify upper and lower limits of false bar Stochastic and trading stochastic trend.
Added option to show the trading Stochastic as coloured Ribbon.
Added name titles for all plots
Added Background highlighting for False Bar.
DSS Bressert (Double Smoothed Stochastic) Strategy Backtest Double Smoothed Stochastics (DSS) is designed by William Blaw.
It attempts to combine moving average methods with oscillator principles.
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading.
DSS Bressert (Double Smoothed Stochastic) Strategy Double Smoothed Stochastics (DSS) is designed by William Blaw.
It attempts to combine moving average methods with oscillator principles.
Classical Stochastic OscillatorI guess the build in STOCH indicator has some problem, it shows totally different compare to other software like MT4, so I create this one with the original definition, enjoy it!
MTF_Stochastic_SignalThis script sets up signals based on Multi-timeframe (MTF) stochastics. Alerts can easily be created to inform users of aggressive and conservative potential BUY and SELL opportunities. Overbought and oversold levels do not matter when it comes to signalling, but each trader can set their own limits.
DEFAULT CRITERION
Conservative BUY criteria is when both stochastic timeframes cross upward at the same time the closing price is above the simple moving average.
Conservative SELL criteria is when both stochastic timeframes cross downward at the same time the closing price is below the simple moving average.
Aggressive BUY criteria is when both stochastic timeframes cross upward at the same time.
Aggressive SELL criteria is when both stochastic timeframes cross downward at the same time.
TO SET UP ALERTS
1. In the "Create Alert" menu, select the "MTF_Stochastic_Signal" as the Condition.
2. To the right of the condition select one of the options that has "greater than 1" at the end of it.
3. Instead of the word crossing in the dropdown below, select "Greater Than"
4. For the value, input 1. (My TRUE values are set to 50 in the event you want to turn the plot on, however, this is not neccessary as it is redundant)
5. Select the remaining options that suit your needs and click "Create". You have now set up alerts. I suggest setting all four options fo reach symbol you monitor.
Please feel free to ask questions and provide comments. I am always looking for ways to improve my scripts.
Enjoy!
[M] StochasticNormal Stochastic has, painted in color when coming out of the zone of 80-20, remains in the gray zone. It makes for convenience.
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Обычный Stochastic, окрашивается в цвета когда выходит из зоны 80-20 , в зоне остается серым. Делался для удобства.
Strategy Stochastic Crossover Backtest This back testing strategy generates a long trade at the Open of the following
bar when the %K line crosses below the %D line and both are above the Overbought level.
It generates a short trade at the Open of the following bar when the %K line
crosses above the %D line and both values are below the Oversold level.
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading.
Fractal Resonance BarLazyBear's WaveTrend port has been praised for highlighting trend reversals with precision and punctuality (minimal lag). But strong "3rd Wave" trends can "embed" or saturate any oscillator flashing several premature crosses while stuck overbought/oversold. This happens when the trend stretches over a longer timescale than the oscillator's averaging window or filter time constant. Our solution: monitor many timescales. With Fractal Resonance Bar's rich color codings, strong wavefronts form across timescales and jump out like an approaching line of thunderclouds!
Fractal Resonance Bar color-codes the status of eight underlying stochastic oscillators, with each row averaging over twice the time of the row above.
Fractal Resonance Bar shifts its timescales along with your choice of main chart timescale:
1 minute chart: 1 minute through 128 minute (~2 hour) oscillators.
15 minute chart: 15 minute through 1920 minute (~32 hour) oscillators.
1 hour chart: 1 hour through 128 hour (~2 week) oscillators.
Daily chart: 1 day through 128 day (~4 month) oscillators.
The color map is configured as follows:
Hot Pink: Extreme Overbought (> 100%) rolled over to sell, but oscillators probably embedded with more upside (revert to Dark Green) possible after a pause.
Deep Red: Overbought (> 75%) crossover ripe for selling (validated when red spreads to timescales below).
Brown: Minor (< 75%) crossover sell from which could bounce back green or start a plunge toward gray/black.
Gray/Black: Mature (< -75%) sells turning full black in a plunge before the dawn.
Lime Green: Extreme Oversold (< -100%) and bouncing, though may yet bottom even lower.
Green: Oversold (< -75%) crossover ripe for buy. Green spreading to all timescales below will validate bottom is in.
Dark Green/Teal: Mature buy in overbought (> 75%) range, waiting for sell crossover to Hot Pink for a pause or correction.
White Stripes are Impulsive Trend Warning
Fractal Resonance Bar warns of oscillator embedding by showing white stripes when it detects strong, early surges in the timescale rows below.The white stripes usually accompany Hot Pink warning it's too early to go short, or Lime Green warning it's too early to go long.
Heeding these warnings will probably miss the exact top or bottom, but you're less likely to get overrun in a momentum move.
Usually the market gives us a second opportunity to short very close to the top or buy very close to the bottom after the warning white stripes have subsided.
NOTE: Recently rolled over Futures contracts may not have enough history for all oscillator calculations, in which case no bar colors will appear.
Tweakable Attributes
The default Channel Length, Stochastic Ratio Length and Lag Length work reasonably well on all timescales in our experience. Minor tweaks don't hurt but this may just overfit to a particular chart history.
We don't recommend changing the 75% Overbought and 100% Extreme Overbought default levels as these are ideal numbers relative to the underlying oscillator statistic calculations. But these settings can shift the color transition levels.
Embedded attribute controls the sensitivity/conservativeness of the white strip embedding detectors. Closer to 75 increases the warning sensitivity while closer to 100 decreases the aggressiveness of blocking white stripes.
Embed Separation also affects the white stripe sensitivity.
Row width increases each row's thickness to fill the available screen height you've afforded the bar.
Fractal Resonance ComponentLazyBear's WaveTrend port has been praised for highlighting trend reversals with precision and punctuality (minimal lag). But strong "3rd Wave" trends can "embed" or saturate any oscillator flashing several premature crosses while stuck overbought/oversold. This happens when the trend stretches over a longer timescale than the oscillator's averaging window or filter time constant. Our solution: simultaneously monitor many oscillator timescales. Watch for fresh crossovers in "dominant" timescales alternating most smoothly between the overbought (red shade) and oversold (green shade) range.
Fractal Resonance Component facilitates simultaneous viewing of eight timescales that are power of 2 multiples of the chart timescale. Each timescale shows lead line, lag line, lead-lag difference, and crossover marks. Add 4 to 8 copies to your chart for a good multi-fractal read. Format * the "Timescale Multiplier" attribute of each row to be twice that of the row above for a sequence like 1, 2, 4, 8, 16, 32, 64, 128...
Fractal Resonance Component shifts its timescales along with your choice of main chart timescale:
1 minute chart: 1 minute through 128 minute (~2 hour) oscillators.
1 hour chart: 1 hour through 128 hour (~2 week) oscillators.
Daily chart: 1 day through 128 day (~4 month) oscillators.
Crossovers in different oscillator ranges tend to have different meanings:
Minor (< 75%) crossovers: small green/red dot
usually noise
Overbought/Sold crossovers (shaded 75 to 100%): black outlined dot (o)
reliable reversal indicators (when they appear alone)
Extreme Overbought (> 100%) crossovers: black outlined plus (+).
Can be a major reversal in fast markets, but usually portend the end of Elliot 3rd waves with just a small corrective (4th wave) retrace before the larger impulsive (5-wave) sequence resumes in original direction.
The final 5th-wave terminus should appear later as a lone non-extreme (black outlined circle) crossover on a slower timescale coincident with weaker (non-extreme) dot crosses on this timescale.
Careful examination of historical charts leads to many useful observations such as:
Dominant crossovers punctuating true reversals are usually in the green/red shaded ranges with black outlined dots (o) rather than minor or Extreme (+) ranges.
Due to market's fractal nature, two well-separated timescales like 1 minute and 1 hour can show dominant crosses simultaneously in opposite directions, e.g. the 1 minute showing a very short term high and the 1 hour a medium term low nearby.
Staying Nimble
Watch out for embedding on your supposedly dominant timescale -- a second cross while stuck in the overbought/oversold region suggests a stronger, longer trend than expected. Drop your eyes to a slower timescale below for the real dominant whose crossover will validate main trend reversal.
Embedding can often be predicted even at the first cross mark by checking whether the green lead line of the next slower timescale (one row below) has already hit the Overbought or especially the Extreme Overbought range but isn't close to rolling over. Fractal Resonance Bar (to be published) uses this principle to mark embedded timescales with white stripes, warning of a powerful trend wave on longer timescales you shouldn't fight until the white stripes subside.
Overnight gaps surge all timescales in ways that obscure the dominant timescale, so for shorter than daily charts, these methods work best on Futures contracts that only suffer weekend gaps.
B3 Stochastic FullA colorful take on the classic stochastic indicator, coded from scratch. Enjoy! :)
Price Divergence Detector V3 revised by JustUncleLThis is a revised version of the original "Price Divergence Detector by RicardoSantos".
Description:
Price Divergence detection for various methods : RSI, MACD, STOCH, VOLUME, ACC-DIST, FISHER, CCI, BB %B and Ehlers IdealRSI. Both Hidden and Regular Divergences are detected.
Mofidifications:
Revision 3.0 by JustUncleL
Added option to disable/enable Hidden and Regular Divergence
Added new divergence method BB %B (close only)
Added new divergence mothos Ehlers IdealRSI (close only)
Revision 2.0 - by RicardoSantos
References:
Information on Divergence Trading:
www.babypips.com
www.incrediblecharts.com (BB %B)
Stochastic Momentum IndexThis is an implementation of the Stochastic Momentum Index from William Blau's his article in Stocks & Commodities .
This also allows the use of various different kinds of moving averages for the signal line. Options for this argument are:
sma (simple moving average)
ema (exponential moving average)
wma (weighted moving average)
trima (triangular moving average)
zlema (zero-lag exponential moving average)
dema (double exponential moving average)
tema (triple exponential moving average)
hma (hull moving average)
MACD+STOCHASTICA simple strategy that use MACD and STOCHASTIC to give buy/sell signal. Use fractals to put stop loss
Guth_3X_ConfirmThis indicator has three built in indicators based on the SMA of HIGH, SMA of LOW, and Stochastic. The baseline indicator is the retreats after departures from SMA of HIGH and LOW.
The first time a HIGH that is above the SMA HIGH has a lower HIGH but it still above the SMA HIGH, a (-) will appear at the bottom. This signals an aggressive entry point for potential coming downtrend. The second time the HIGH produces a lower high but is still above the SMA HIGH, a (S) will appear at the bottom which signals a more conservative entry point for potential coming downtrend. All of the opposite information is true of reversals beyond the SMA LOW.
When these reversals appear the same time the Stochastic is overbought or oversold, a red bar (overbought and potentially coming down) or a green bar (oversold and potentially coming up) will appear. NOTE: Aggressive symbols occur more often and will always occur when a conservative symbol appears. When a conservative indicator and respective overbought/oversold level occur at the same time, the bar is darker in color.
You can enter positions at any one of the indicators, however, the darker bars are what I look for. This has a high success rate but cannot guarantee results every time. I recommend adjusting the SMA, and Stoch parameters as well as time periods. I have had success with this indicator while day trading the 5, 10, 15, 30, 65 minute periods as well as daily and weekly periods. Every symbol traded can provide differing results based on the parameters used.
Please feel free to leave feedback and I know this can work well for you!