Momentum - Multi Timeframe [WYCKOFF ARSENAL]WYCKOFF ARSENAL is now available on TradingView!
Based on <> (Richard D. Wyckoff)
Noted Indicators:
▪ Optimism Pessimism Index
▪ Force Index
▪ Technometer
▪ Momentum ◄
Main Features:
▪ Multi Timeframe is available
▪ Volume based indicators
▪ Can be used on pairs that have volume data
────────────────────────────
Highlights
> Optimism Pessimism Index or OP
The value of the OP is not important.
The action of the OP is important.
The action of the index must be compared to its previous action or to the price index over the same period of time.
> Technometer or TEC
The purpose of the Technometer is to provide a mathematical indication of the degree to which the market is overbought or oversold.
The value of the Technometer could be as high as 100 or as low as 0.
The other possible values would represent degrees of overbought or oversold.
How to read the Technometer:
| Overbought means vulnerable to a reaction |
100 - completely overbought market.
── 60 - actual overbought extreme.
──── 50 or higher is considered to be clearly over bought.
────── lower than 50 - relatively overbought.
──────── Everything in between clearly overbought and clearly oversold is neutral.
────────── A reading of 44.4 is absolute neutrality.
──────── Everything in between clearly overbought and clearly oversold is neutral.
────── higher than 38 - relatively oversold.
──── 38 or lower is considered to be clearly over sold.
── 28 - actual oversold extreme.
0 - completely oversold market.
| Oversold means vulnerable to a rally |
> Force
The purpose of the Force Index is to provide an indication of the pressure being applied to push the market lower or the pull being applied to the market to pull it higher.
> Momentum
The purpose of the Momentum is to provide a measure of the speculative interest in the market.
Indicatore Momentum (MOM)
Quinn MOM CandleSticks EMA(34, 89) MA(6, 10) BB(2.0, 2.5, 3.0)MOM CandleSticks EMA(34, 89) MA(6, 10) BB(2.0, 2.5, 3.0)
SignalsI worked hard on this one for months and results are good for all time frame.
PM to get a paid Access
Financial Freedom WaveRipper - Momentum MulticatorIn the Spirit of '76 commemorating this day on July 4th, this is my third indicator released using Pine Script version 4.0, something I contributed to often in a small role, and will continue to do, in my free time. Without revealing my American secret sauce ingenuity excessively, this indicator uses a high performance momentum algorithm that blows most momentum algorithms out the water. It's characteristics display blatantly the swift momentum at which directional high speed wind driven swells create rip tides in an asset. Not being drug out to sea and quickly going "under water" so to speak, is best mitigated by very timely, accurate information. Regarding the use of this script, the bright yellow line has a damping factor of 4 and the longest adjustable damping factor is 66.
My idea initially was... while there is great "one liner indicators" to use, I thought, why not multi-line "multicators" with little to adjust concerning dominant cycle fluctuations in the market. And voila, another radical experiment, turned visually compelling, similar to tumultuous ocean waves and how incredibly fast turning points can wax and wane, yet be anticipated. Living in America, I was once again determined to attain a replica of "Old Glory" in this companion multicator as well. It's embedded artwork makes it an articator too. Which is why I waited to release this sibling appropriately on July 4th too, a day of celebration of freedom, an empowering idea that has reached dessimenation world wide to so many other nations and peoples.
I once again would personally like to thank the talented individuals at TV for providing a platform that embraces an initial free membership, which I first obtained myself, for people like me to freely code in Pine with mathemagical ideas and mental wizardry, creating ultimately, inventions like this eye candy display above.
Features List Includes:
"Source" Selection
Enable/disable dark background for enhanced visibility
Longest period adjustment providing any adjustable period setting
A subtly adjustable multiplier tweak
Minimalized enable/disable adjustment for the theme
This is not a freely available indicator, FYI. To witness my Pine poetry in action, properly negotiated requests for unlimited access, per indicator, may ONLY be obtained by direct contact with me using TV's "Private Chats" or by "Message" in my member name above. The comments section below is solely just for commenting and other remarks, ideas, compliments, etc... If you do have any questions or comments regarding this indicator, I will consider your inquiries, thoughts, and ideas presented below in the comments section, when time provides it. As always, "Like" it if you like it, and also return to my scripts list occasionally for additional postings. Have a profitable future everyone!
Opening Range Breakout - ORBThe opening range is simply the high and low of a given period after the market opens. This period is generally the first 30 minutes or the first hour of trading.
During this period, you want to identify the high and low of the day. In addition, you will also want to account for the pre-market highs and lows, as these levels will often act like a magnet on price action after the bell rings.
Since the opening bell is associated with big trading volumes and volatility, this time of the session provides many trading opportunities. In this manner, traders use the opening range to set entry points on the chart and to forecast the price action for the day.
TrendaidTrendaid
is exactly what the name says
an Aid to Trend
Use this strategy to understand when the trend may shift and then use it to stay in the trends longer
simple strat
Buy when it says BULL in BLUE
Short when it says BEAR in RED
you may close your orders when it says to in PURPLE but unneeded if you want
You can adjust the stop which affects the scripts performance
You may also change from a Long to a Short line but the standard has proven to be the best overall
Let Trendaid guide you to riches
this was primarily designed for #forex but can be used in any market including #crypto
get access by joining the #CCV trading family by visiting the link below
- Cheers
SatoshiHeavy Market analyst for CCV Trading
www.cryptocurrentlyvip.com
Cynotronic Divergence toolThis tool was developed to accurately capture divergences. Back-testing has shown it's relatively more accurate in detecting all types of divergences (both hidden and regular).
The tool is NOT to be used in isolation; it's best used in conjunction with moving averages (preferably the 20 SMA);
How to use
1. The indicator background indicates bullish (green background color) or bearish (red background color) sentiments;
2. Indicator reversal is most bullish when price action is above MA;
3. Indicator reversal + Green background + price above MA is extremely Bullish ;
4. Indicator reversal + Green background + price below MA is indicative of an incoming distribution phase;
5. Indicator reversal + Red background + price above MA is slightly bullish ;
6. Indicator reversal + Red background + price above MA is indicative of an incoming accumulation period.
HTF IchimokuThis Indicator makes trading with ichimoku on different timeframes alot easier and more intuitive. It colors bars according to ichimoku trend and plots Kumo Breakouts and tk crosses.
tips are always welcome at: 38uGQJDDZDL6wX48x4gYTccPeQ3ZHVYmY4 ( btc )
Happy tradings :)
Dynamic Momentum IndexThis indicator was originally developed by Tushar S. Chande and Stanley Kroll. They described it in their book The New Technical Trader (1994).
The period for DMI calculation depends on the market volatility. DMI uses a longer period as volatility decreases and a shorter period as volatility increases, making it more responsive to changing prices than RSI which uses a fixed period. That's why the indicator is called "dynamic". You can specify the DMI period bounds (defaults are 5 and 30) in the indicator settings.
The calculation is based on the standard deviation of prices. The authors used a custom volatility index to adjust RSI period - the similar concept was used in the original VIDYA (yes, it was based on the standard deviation).
Source code on request
Next Candle HA MomentumVery simple script that updates realtime and shows possible next candle outcome and difference between current HA candle and current regular candle.
It's intended to use on Heikin Ashi and shows actual price on them, while on regular candles shows difference.
Idea was suggested by my husband and we decided to develop and publish it together.
Enjoy and check other scripts on my profile!
15 minute Day Trade Crusher [FHenry0331]
How to use:
Time frame: 15 minutes
Long: Wait for green candles. It is preferred to have a retest of the decision line for long position. Other places will be break of pre-market highs
Short: Wait for red candles. It is preferred to have a retest of the decision line for short positions. Other places will be break of pre-market consolidation area.
Tips:
Stock should have premarket volume of 50K or more.
It is best if you have a bias long or a bias short, and only take those positions when the set up lines up. Trying to do both will chop you up.
Rsi momentum experimentalThis is RSI momentum , I try to make it as experiment so I hope it not bad:)
the up strength is in blue and the down momentum is in red
Momentum heatmap @CosmonautCExplanation:
14 different indicators 4 public ones (RSI, StochRSI, CCI and Wavetrend oscillator) the rest are custom private ones of preexisting momentum indicators or completely custom ones created by me.
To determine green-red color the indicators are assesed on 7 different metrics and then given a score of 1-100 based on the current state of those 7 metrics. The length input is universal meaning all indicators and metrics will be affected by it. Source input is only for indicators.
It might take a bit to load as the code is all in all around 600 lines and due to a large amount of custom functions and if statements
Usage:
darker green = buy
Darker red = sell
light green= approaching good buy opportunity/buy opportunity in shaky markets
Light red = same as light green but for sells
gray/almost no color = undecided/turning point
Enjoy!
Waddah Attar Explosion [smillal]This is just a slightly altered version of Lazy Bear's great indicator
with the added feature to draw the explosion line in different colors while it is currently rising or falling.
🔗Blockchain Fundamentals - BTC Network Momentum - Cryptorhythms🔗Blockchain Fundamentals - Bitcoin Network Momentum by Cryptorhythms
Description
Network Momentum is a view created by PositiveCrypto which looks into the value transmitted through the Bitcoin blockchain denominated in BTC value plotted against Bitcoin`s price. It serves as a leading indicator of Bitcoin bull markets. Sufficiently high levels of value throughput is needed drive bull markets.
Network Momentum, if it was corrected for Bitcoin`s expanding token supply, would essentially be Bitcoin Velocity. In other words an inverse chart of NVT Ratio.
Bitcoin Network Momentum is another piece of the puzzle to help our understanding of Bitcoin fundamentals and their impact on price. Bitcoin Network Momentum looks at the relationship between Bitcoin’s price and the BTC value of daily transactions flowing through the blockchain.
It is important to note here that we are using the BTC daily value flowing through the blockchain, not the USD daily value which NVT Signal uses.
What we see when we look at this is that the BTC value of daily transactions acts as a leading indicator of Bitcoin’s major market phases.
Extras
We give you the option of changing the median price lookback length
👍 Enjoying this indicator or find it useful? Please give me a like and follow! I post crypto analysis, price action strategies and free indicators regularly.
💬 Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isn't open only to subscribers - everyone is welcome to join.
For Trialers & Chat: t.me
DepthHouse - Peak DivergenceDepthHouse - Peak Divergence indicator uses the same linear regression calculation as my Peak Momentum Oscillator to help determine and plot peak momentum points.
These peak levels are then plotted by either red or green lines above or below the candle.
Red lines represent a peak in bear momentum while green represents peaks in bull momentum.
These levels are then used to determine momentum divergence in the displayed market.
If divergence is present the bars colors will change represent either bull or bear div.
Important Notes:
If the price crosses a peak line and the bar color does not change; it means momentum has increased/decreased with the price and the divergence has been canceled.
If divergence is present, and then the following candle is not colored then momentum has increased to cancel the previously present divergence.
By default, the look-back period is set to zero , which automatically calculates the distance for the peak levels to look-back. However this number can be set to whatever look-back period you would like.
At time of release this indicator is in its early stages. So please leave feedback on how it can be improved!
Trend Power Index by Kripto MuhtarThis indicators shows power of the momentum of a trend. Zero-lag algorithm is used to remove the lag. The moving average of RSI in a giving period is substracted from RSI in a giving period. Then, the result is smoothed, lag is removed and the data is standardized.
Indicator shows the turning points of a trend in a giving period. It helps to catch trends earlier. For further details, visit kriptomuhtar.com
Suitable for all markets.
İndikatör mumların yüksek ve düşük fiyatlarını kullanarak RSİ ve RSI ortalamasını hesaplayarak aradaki farkı bulur. Sonuçlar standardize edilmiş ve zero-lag algoritmasıyla RSI ve ortalama hesabından kaynaklanan mum gecikmesi ortadan kaldırılmıştır. RSI ve RSI ortalaması arasındaki fark negatif olduğunda indikatör kırmızı, pozitif olduğunda mavi olur.
Standart olarak RSI 5 periyod, ortalama 35 periyod ve düzeltme faktörü 5 olarak belirlenmiştir. Tüm piyasalarda çalışmaktadır.
Detaylı anlatım için aşağıdaki bağlantıyı ziyaret ediniz.
kriptomuhtar.com/kurslar/muhtarin-indikatorleri/
