I use DEMA and Price difference in many strategies and and trade.
Finally , ı wanted to build an indicator for relation between them.
It calculates the percentage of difference between price and dema and estimates deviation from the main trend.
Formula = (price-dema)/price*100
There is some parameters;
DEMA Length is length of dema , ı think...
Shows strength of the currently charted alt compared to BTCUSD. If BTC is going down or sideways and the alt is going up, then you'll see green and vice-versa for red. Good for quick at-a-glance strength evaluation when flying through a watchlist. The output uses a normalised moving average to reduce signal noise.
İf GREEN > YELLOW > RED > BLACK
If BLACK > RED > YELLOW > GREEN
In upward trend , if green(fastest ema) crossunder YELLOW or RED or both of them , you can close the position . Dont wait the Downward Trend.
Lengths of EMAs are based on Fibonacci numbers ( 8,13,21,34) , if you want, you can...
(Created for Client)
Alpha (Unique price action of asset) indicator for ALTcoins implementation, taking `BINANCE:BTCUSDT` as the market reference. Can be improved by adding more BTC charts from more sources, so as to get a unified chart of BTC for market representation.
Set `alpha period` to a value, wherein you want to see the unique price action of the asset....
This indicator is a combination of 40 different altcoins which are found on Binance exchange.
I have listed all Binance altcoins in the order of the oldest listed and the newest.
Due to limitations on TV for calling only 40 securities at the same time, I have limited myself with adding only the oldest ones (9+ months) and some 8+ to make up at least 40 for more...
This indicator attempts to detect moments of abnormal and accelerating increase in volume. Because pumps happen over short time frames, this script is potentially better used on smaller timeframes (1 - 15 minutes). It takes two inputs: The length of the lookback for the volume rate of change (vroc) calculation (default=20), and The threshold over which a pump is...
This script colours the background of any time range you specify, including weekend periods.
It can be useful for spotting patterns on Bitcoin (recurring times of buying or selling).
Checkboxes to switch on and off. Inputs to specify time and day of week.
Monday = 2
Tuesday = 3
Wednesday = 4
Thursday = 5
Friday = 6
Saturday = 7
A simple script to display how correlated the current ticker is to Bitcoin.
Inputs are the number of bars to check correlation for (default 10) and the the ticker to use for BTC comparison (default is BITFINEX:BTCUSD)
Values of 1 are highly correlated (i.e. bitcoin moves up, so does your current ticker), values of -1 are inversely correlated (i.e. bitcoin moves...
A very simple indicator to show the change of longs between the previous period and the current period on bitfinex, this works for any margin pair on Bitfinex but can also be locked to BITFINEX:BTCUSD, works hand in hand with my "Longs Change" indicator
A very simple indicator to show the change of longs between the previous period and the current period on bitfinex, this works for any margin pair on Bitfinex but can also be locked to BITFINEX:BTCUSD, works hand in hand with my "Shorts Change" indicator