Here's a modern take on the famous DMI/ADX. i first wrote this on another platform few years ago, so i'm happy to be able to share it on TradingView quick refresher: what does DMI/ADX tell us: ------------------------------------------------------ in simple terms, at the core of this indicator, there are 3 main calculations / lines: the Plus Directional Index (...
its try to detect oscillation of up and down moment , so when up wave start its green , if down wave start its red
This is a simple RSI indicator that overlays the current chart to show labels for specified oversold and overbought areas defined with inputs. It will delete any labels of the same kind within the last 3 candles so you don't see as many labels as you would otherwise. Red labels with white text represent overbought RSI levels as defined by the user. Green labels...
A combination of RSI and Stochastic using default settings. - RSI or Relative Strength Index is the white line. - Stochastic %K is the aqua line - Stochastic %D is the orange line - The purple rectangle is the RSI range going from 30 (oversold) at the bottom to 70 (overbought) - The top dotted line indicates the price being overbought on the stochastic - The...
This is a correct Aroon Indicator with histogram and center line.
If you reverse engineer the "50-level" of the 14 period rsi, you end up with almost exactly the 27 period ema So to calculate the rsi, you can 'reverse engineer' the 'reverse engineered rsi'. This can be done by taking the distance between the current price and the "50-level ema" you can then normalise this by dividing with the atr or the st dev to end up with a...
This simple indicator gives you a bias on the market that can be used as a filter, an entry indicator for pullbacks,... Enjoy! JD. #NotTradingAdvice #DYOR
Williams %R + EMA + RSI Un seul indicateur avec : - William %R - RSI - EMA - Une ligne médiane - Les étiquettes des indicateurs
Ported version of the original iTrend.mq4, use it as a trend detector, just check the color of the upper bars in the histogram.
This is an indicator I've been playing with for a while, based on my previous MACD w/ RSI Warning indicator. This one takes it a step further, including information from MACD, RSI, ADX, and Parabolic SAR. These four indicators are represented in this indicator as follows: MACD: The histogram itself is a normal MACD histogram. Nothing strange about it, and you...
The DIDI Index is calculated by calculating the short term (3), medium term (8) and long term (20) Moving Averages (MA), green line is calculated by dividing the short term Moving Average (MA) by the medium term Moving Average (MA), likewise, the red line is calculated by dividing the long term Moving Averages (MA) by the medium term Moving Averages (MA) This...
Refer Sample Chart for description - updated to version 4 and additional script suited with Author's trading setting which original script was inspired from script developed by Manu76
======================================= RISK-OFF & RISK ON INDEX ================================================ 1. Stock Price Momentum: Measuring the Standard & Poor's 500 Index ( S&P 500 ) versus its 125-day moving average (MA) 2. Stock Price Strength: Calculating the number of stocks hitting 52-week highs versus those hitting 52-week lows on the New York...
The script measures relative strenth of bull bars vs bear bars that complete the next rules: 1) rising price with rising volume calculates as bullish only if the next candle is higher 2) falling price with falling volume calculates as bullish only if the next candle is higher 3) rising price with falling volume calculates as bearish only if the next candle is...
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...
Sharing to learn and to help others. Any feedback on layout/structure/shortcuts will always be appreciated. Simple indicator for close of candle above or below EMA with ROC and CO acting as a filter.