The Demand Oscillator was created by James Sibbet (Stocks & Commodities June, 1986) and I changed his formula quite a bit to what you see on here. If it rises above the signal then buy or if not then sell. This is my custom version of his formula so let me know what you think. Let me know if you would like to see me write any other scripts!
High TFs work best, but it works on any TF. I plan to continue releasing updates to it to improve overall form and function. Green Circles are Long Alerts, Red Circles are Short Alerts. Blue and Yellow Circles are Close Position Alerts. First Blue Circle After Red Circle would be Short Exit. First Yellow Circle After Green Circle would be Long Exit. Original...
Criei este indicador com a finalidade de ajudar iniciantes no mercado a encontrarem os ponto de entrada e exaustão. Pontos de entrada irão aparecer no indicador como "COMPRAR'' ou ''VENDER'', com o histograma na cor verde ou vermelha. Regiões de exaustão irão aparecer no histograma em amarelo(sobrecompra) e azul (sobrevenda). Indicador pronto para ser utilizado...
Elemental Force Oscillator calculates the magnitude & force of an individual candle by taking in information about it's high, low, and close, and comparing that to the previous candle's high, low, and close. Sounds like physics, eh? It's my attempt to create a unifying oscillator. In other words a holy grail indicator. It's not exactly holy grail, but it does...
This script utilized some new functions in Pine Script, which compares the correlation between the current symbol to a basket of crypto indexes that are listed on the FTX exchange. By tracking these indexes we can gauge the reaction across markets that have a different market cap. By that I mean we can have a better idea about where the money is flowing into a...
A series of up to 28 stochastics oscillators used to form an average stochastic value, which is then used to colour the candles based on the momentum. Each candle can be coloured one of ten colours and each one represents a position on the stochastic oscillator. The indicator helps traders to visualise the momentum and helps trend following. Inputs: MA:...
I used the build-in divergence indicator and fine-tuned the divergence provision. Alerts have also been added and ema12 for extra trend determination. The background color indicates the bearish and bullish zones. Bullish divergence are indicated with a green line and dot Bearish divergence are indicated with a red line and dot Hidden divergence are indicated...
This indicator draws signals on the chart when a Bullish MACD Crossover occurs at the same time RSI is "oversold", and also when Bearish MACD Crossover occurs at the same time RSI is "overbought" Indicators are drawn on the chart in the following scenarios: 1. Bullish signal a. MACD bullish crossover occurs on a single bar b. RSI was below the Oversold...
A series of 28 stochastic oscillators plotted horizontally and stacked vertically from bottom to top as the oscillator background. Each oscillator has been interpreted and the value has been used to colour the lines in. Lower lines are shorter term stochastics and higher lines are longer term stochastics. The average of the 28 stochastics has been taken and...
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
The Sell Gravitation Index was created by Howard Wang and was published in Stocks & Commodities V37:02 (36-38) This indicator is similar to the relative strength index but the big difference is that this indicator gives early buy and sell signals which I find very helpful. Buy when it rises above its signal line and sell when it falls below its signal line. Let...
Day of the week is labelled. Handy to see trend of days and pivotal points. and recording data for the Fractal Monster xD
The Enhanced Williams %R Indicator was created by Robert J Kinder Jr (Stocks & Commodities V5:5 (180-182)) and is based on the Williams %R Indicator. It takes volume into account and the buy and sell signals are pretty much the same. I would recommend to buy when the indicator is over the signal and if you want a confirmation then also make sure the signal is...
A series of highs and lows of different lengths to create a ribbon-like indicator to emulate the stochastic oscillator's top (100), middle (50) and bottom (0). Traders can determine the strength of the support and resistance by the number of converging lines, choose price points and visualise momentum waves. Inputs: Theme: multiple colours/themes (theme...
Hello Traders, This script analyses divergences for 11 predefined indicators and then draws column on the graph. Red columns for negatif divergence (means prices may go down or trend reversal), Lime columns for positive divergences (means prices may go up or trend reversal) The script uses Pivot Points and on each bar it checks divergence between last Pivot...
Relative Strength Index indicator which uses Arnaud Legoux Moving Average inside instead of Wilder's Exponential Moving Average (RMA). This makes it more reactive and also smoother without less false positive signals. It is much easier to find divergences this way.
All I did was combine the logic from LazyBear for his OBV Oscillator to regular RSI divergence logic (where I replaced the RSI input to use LazyBear's OBV). I didn't use any original code! Neither OBV (written by LazyBear) nor DIvergence (author unknown) was written by me. I merely modified the sytax a little to combine them. Very useful for spotting...