A technical indicator developed by Tushar Chande to numerically identify trends in candlestick charting. It is calculated by taking an 'n' period moving average of the difference between the open and closing prices. A Qstick value greater than zero means that the majority of the last 'n' days have been up, indicating that buying pressure has been...
Available for all time frames Available for all crypto currency pairs High-profitable on all time frames The script is the dream of all traders Repaints like a boss. Use at your own risk, or don't use at all!
Bitfinex BTC -0.82% longs versus shorts margin trading positions Displays total longs, total shorts, and net Option to normalize data between to -100% and 100% Option to adjust smoothing factor Option to adjust upper and lower threshold when normalized
This script looks at times where MACD is within a specified range (very close to 0 values) and price action is very constrained (under 2%). Historically price has made a strong move after these conditions. I typically run this on an 8H timeframe. Review on BTCUSD and other cryptos.
This is a souped up common or garden MACD . The Histogram is coloured giving a clear visual representation of where we are UpTicking or DownTicking on the Histogram to help support trading decisions. When colour changes from pink to green market is bullish , and visa versa. Very useful as a supporting indicator to confirm other strategies, or even as a...
This script analyses the CCI indicator values, showing when a fall in price or a rise in price may happen, or when the CCI is confirming the trend. The user can personalize: The period to be used and the range of the CCI bands ( by default) The slow SMA period to be used and the price percentage variation to react for bullish/bearish Consecutive number...
This is a souped up common or garden MACD . The Histogram is coloured giving a clear visual representation of where we are UpTicking or DownTicking on the Histogram to help support trading decisions. When colour changes from pink to green market is bullish , and visa versa. Very useful as a supporting indicator to confirm other strategies, or even as a...
Psychological line (PSY), as an indicator, is the ratio of the number of rising periods over the total number of periods. It reflects the buying power in relation to the selling power. If PSY is above 50%, it indicates that buyers are in control. Likewise, if it is below 50%, it indicates the sellers are in control. If the PSY moves along the 50% area,...
Psychological line (PSY), as an indicator, is the ratio of the number of rising periods over the total number of periods. It reflects the buying power in relation to the selling power. If PSY is above 50%, it indicates that buyers are in control. Likewise, if it is below 50%, it indicates the sellers are in control. If the PSY moves along the 50% area,...
Tick Line Momentum Oscillator indicator script. This indicator was originally developed by Daniel E. Downing (Stocks & Commodities, V.12:1 (42-44): Using The Tick In A Short-Term Indicator).
This is a quick script that combines two standard indicators, the Awesome Oscillator and MACD histogram, to highlight the beginnings of periods of fast price movement (divergence between the two). Since MACD's EMA responds more quickly than AO's SMA, look for periods of green over gold as a bullish signal, and red under blue as a bearish signal. Of course both...
Range Action Verification Index (RAVI) indicator script. This indicator was originally developed by Tushar Chande (see his book "Beyond Technical Analysis: How to Develop and Implement a Winning Trading System").
Trend Trigger Factor indicator script. This indicator was originally developed by M. H. Pee (Stocks & Commodities V.22:12 (28-36): Trend Trigger Factor).
Copyright by RJ 3/2018 Buy when: RSI period 3 greater than 50, Difference between MACD and MACD signal line is greater than 0 and also greater than that of previous candle, Stochastic %D line is less than 80 and greater than that of previous candle, Closing price greater than EMA period 100. Sell when: RSI period 3 less than 50, Difference between MACD and...
Determining market trends has become a science even though a high number or people still believe it’s a gambling game. Mathematicians, technicians, brokers and investors have worked together in developing quite several indicators to help them better understand and forecast market movements. Developed by Modulus Financial Engineering Inc., the prime number...