Inizia

Divergenza

CMYK RMI◊ Introduction I started using this script because of its fast reaction, and good tell for buy/sell moments on a short timescale. For larger timescales, the overall trend should be taken into account regarding the levels. In the future i will update this indicator, to automatically adjust those. ◊ Origin The Relative Momentum Index was developed by Roger Altman and was introduced in his article in the February, 1993 issue of Technical Analysis of Stocks & Commodities magazine. While RSI counts up and down days from close to close, the Relative Momentum Index counts up and down days from the close relative to a close x number of days ago. This results in an RSI that is smoother. ◊ Adjustments CMYK color theme applied. Four levels to indicate intensity. Two Timescales, to overview the broader trend, and fast movements. ◊ Usage RMI indicates overbought and oversold zones, and can be used for divergence and trend analysis. ◊ Future Prospects Self adjusting levels, relative to an SMA trend. Alternative RMI, which functions as an overlay. ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊
Pine Script® indicator
di MVPMC
4
Volume Weighted Average Divergence [DW]This is an experimental study inspired by the volume weighted moving average convergence divergence (VWMACD) concept. In this formula, divergences between two volume weighted moving averages and two simple moving averages over their respective lookback periods are calculated. The difference between the divergences is calculated, then the difference between the result and an exponential moving average of the result are calculated to provide a histogram. Finally, the mean value between the two divergences is calculated to provide the VWAD line. Custom bar colors are also included.
Pine Script® indicator
di DonovanWall
2
Volume Divergence Polarity Grid [DW]This study is an experiment built off the framework of my Dual Volume Divergence Index indicator. It is designed to gauge polarity over multiple lookback periods of your choice by expressing the data as a two color grid. Positive Volume Divergence and Negative Volume Divergence are calculated, and their relative values are used to gauge polarity. The order of the grid is top to bottom - the top is the first lookback period, and the bottom is the last.
Pine Script® indicator
di DonovanWall
5
Flow of Fund Divergence with alertThe Flow of fund(FOF) divergence signal indicator consists of the following parts: The Flow of fund histogram, FOF trend line and divergence signal. The signal is instantly drawn on current bar and will not repaint. HISTOGRAM shows an approximate amount of money get in or out of the market within 1 bar. If selling pressure is stronger than buying pressure, it will be a red histogram, otherwise, it will be a green histogram. Flow of fund trend line indicates the short or long term movement of the flow, determined by the "Length of FOF" input you set. Divergence The divergence signal has two types, bearish and bullish. A bullish divergence occurs when the price hit a lower low and the FOF line is in uptrend. A down arrow will be drawn above the current FOF line when there is a bearish divergence between FOF and price trend. A bearish divergence occurs when the price hit a higher high and the FOF line is in downtrend. A up arrow will be drawn below price candle bar when there is a bullish divergence between FOF and price trend.
Pine Script® indicator
di Patternsmart
3
BUBD+ - Bats Ultimate Bullish Divergence DetectorBUBD checks for price divergence from oscillators across 6 different oscillators - MACD, CCI (Vol. weighted), RSI, Stochastic RSI, Money Flow and Relative Vigor index. Use it to find good entry spots for longs and also to find downtrend reversals. If this gets popular I will release a Bearish divergence indicator as well. Please check your stock/crypto across all time frames to get a hint of any developing "Bullish" divergences. In case you get mixed signals - Blue - RSI Purple - RVI Yellow - CCI Green - MACD Lime light green - MFI Orange - Stoch RSI Dont get confused by signals appearing on top and bottom all are bullish indicators. If you see a signal go to the respective oscillator to check the developing trend.
Pine Script® indicator
di UnknownUnicorn1178563
12
CryptoArbitrageDivergenceStudy that is related to my CryptoArbitrageDivergenceStrategy. Buy-/ Sell signals are generated, when the price is rising on one exchange, while it is falling on the other exchange. You can configure for how many candles the condition must be true, before a signal is generated. The first exchange can be chosen by selecting the financial instrument of choice, the other exchange can be set in the properties dialog of my study/ indicator. There are also alertconditions implemented, so you can receive buy-/ sell signals via pop-up, SMS or Email.
Pine Script® indicator
di TradingClue
1
PRO MomentumINVITE ONLY SCRIPT: FEATURES: As its name suggests, PRO Momentum provides non-subjective momentum analysis to traders through automatic pattern detections, covering a wide range of statistically relevant structures in both ranging and trending contexts. Our goal was to provide a professional grade risk management tool capable of providing various signals, which guide the trader in its decision to engage or not in a certain price area filtered by Framework. Nevertheless, both indicators are complex tools requiring extensive learning. To support students in their journey, there is a wide open online community of users in our Discord channel, providing peer-to-peer assistance to progress with the strategy as well as tutored courses. OUTPUTS: To share a brief description of the PRO Momentum functioning, we will scroll through the major set of outputs that are presented to the user. Please note that the indicator is meant to assist from Junior to Senior expertise, to achieve this we have set different base templates right into the indicators. To keep this description simple, we will present the outputs you’ll see with the beginner setup: Momentum Signals: As shown on the chart, there are multiple types of output signals, each corresponding to different momentum patterns. Detailed documentation is available on our website for those seeking in-depth information. Here's a high-level overview: The patterns are divided into three categories, each represented by different colors. Blue and Red signals are used in trending contexts, Gray signals are for ranging contexts, and dark-colored signals are exclusive to reversal contexts, suitable for more experienced traders. Momentum signals are binary outputs, making it easy for users to set alerts. The indicator includes built-in alerts for these groups to streamline the process. However, it’s crucial to remember that momentum signals are not standalone trading signals. The Framework indicator must first filter interesting prices and identify the context. Only then should traders use momentum signals to adjust risk. Sinewave Oscillators: Cyclical analysis is a critical aspect of professional risk management. Markets naturally oscillate, and significant statistical probabilities can be derived from cycle studies. We use a custom-modified version of Ehlers’ sinewave methodology. Cyclical analysis, while somewhat predictive, scans past prices to predict probable future states. Since markets are inherently unpredictable, cycle analysis is used as a confirmation signal in our strategy. Essentially, we filter out all momentum signals that occur outside favorable cyclical conditions. Bearish signals are only exploited if the sinewave is in the top area of the oscillator, and vice-versa for bullish signals. GENERAL STRATEGY: Overall, the PRO Strategy combines two “core” indicators, Framework and Momentum. Framework is plotted on the main chart section as an overlay, it is definitely the most important as it guides the user through the hard process of filtering prices and timeframes that are suitable for technical analysis. On the other hand, PRO Momentum is on a separate oscillator tab under the chart section, it will study the momentum and cyclical structure, also offering automated pattern detection. Ultimately, our strategy is based on collecting and processing non-subjective rules, emanating from the indicators outputs. Essentially, this means that the indicator actually takes care of producing all the necessary binary outputs, leaving you with the remaining task of combining them correctly following the strategy’s patterns. RISK LIMITATION: Even if we provide automated momentum signal detection, there is no “one-click” or "easy-win” solution, the user still needs to carefully review the elements. When applicable pattern rules are confirmed, the user will gather risk-limitation information from both indicators (breakout targets, price confirmations, momentum and cyclical coordination) and decide whether or not to trade according to its own risk profile. If so, the position sizing, stop-loss positioning, risk management and profit targets will all be defined according to the same indicator’s outputs. This effectively suppresses most behavioral and personal biases the trader could introduce, creating a stable and statistical risk management structure aiming for a durable profitability.
Pine Script® indicator
di PRO_Indicators
97