Inizia

Cerca negli script per "momentum"

[RESEARCH] MomentumHello traders and developers! I compared different techniques to get momentum of the series. The 4 samples are: 1) Raw difference between price and price some bars ago 2) Built-in "change" function 3) Built-in "mom" function 4) Jedi's momentum - difference between current and previous SMA multiplied by it's period All results are identical. So, we have two built-in functions that do the same thing: "change" and "mom". For brevity it is better to use "mom" when you need to get momentum of the series. Good luck!
Indicatore Pine Script®
di everget
Dynamic Momentum Index (DMI) Strategy This indicator plots Dynamic Momentum Index indicator. The Dynamic Momentum Index (DMI) was developed by Tushar Chande and Stanley Kroll. The indicator is covered in detail in their book The New Technical Trader. The DMI is identical to Welles Wilder`s Relative Strength Index except the number of periods is variable rather than fixed. The variability of the time periods used in the DMI is controlled by the recent volatility of prices. The more volatile the prices, the more sensitive the DMI is to price changes. In other words, the DMI will use more time periods during quiet markets, and less during active markets. The maximum time periods the DMI can reach is 30 and the minimum is 3. This calculation method is similar to the Variable Moving Average, also developed by Tushar Chande. The advantage of using a variable length time period when calculating the RSI is that it overcomes the negative effects of smoothing, which often obscure short-term moves. The volatility index used in controlling the time periods in the DMI is based on a calculation using a five period standard deviation and a ten period average of the standard deviation. WARNING: - This script to change bars colors.
Indicatore Pine Script®
di HPotter
Stochastic Momentum IndexThis is an implementation of the Stochastic Momentum Index from William Blau's his article in Stocks & Commodities . This also allows the use of various different kinds of moving averages for the signal line. Options for this argument are: sma (simple moving average) ema (exponential moving average) wma (weighted moving average) trima (triangular moving average) zlema (zero-lag exponential moving average) dema (double exponential moving average) tema (triple exponential moving average) hma (hull moving average)
Indicatore Pine Script®
di JacobAmos
6
Unemployment Momentum ModelThis model uses a Smoothed RSI to measure the momentum of the Civilian Unemployment Rate as published by FRED. The behavior of the unemployment rate makes it ideal for applying momentum-based timing techniques because it tends to rise sharply in a short time period and then declines gradually over a longer period. Using other basic momentum-based timing techniques also works well (e.g., EMA crossover, MACD, ROC, etc.) Please note that you cannot trade the unemployment rate directly. This model is meant to help you understand the state of the current economy in the context of unemployment.
Strategia Pine Script®
di Stable_Camel
1
Stochastic Momentum Index (SMI)Stochastic Momentum Index (SMI) or Stoch MTM is used to find oversold and overbought zones. It also helps to figureout whether to enter short trade or long trade. Red Shade in the Top indicates that the stock is oversold and the Green shade in the bottom indicates overbought. Strategy: Enter Long once the Overbought Zone ended and there's a crossover below -35. Exit Long once the oversold zone is ended and there's a crossover. Enter Short once the oversold zone is ended and there's a crossover above 35. Exit Short once the Overbought Zone ended and there's a crossover. Backup: Always use with another indicator because there will be multiple up and down movement in one Trend.
Indicatore Pine Script®
di surjithctly
48
Stochastic Momentum Index _ UCSgearsThe Stochastic Momentum Index (SMI) was introduced by William Blau in 1993 as a way to clarify the traditional stochastic oscillator. SMI helps you see where the current close has taken place relative to the midpoint of the recent high to low range is based on price change in relation to the range of the price. This is a range based indicator, when used right. It can help momentum changes. For those looking for help understanding this - wiki.timetotrade.eu www.tradingstrategyideas.com tlc.thinkorswim.com www.sierrachart.com
Indicatore Pine Script®
di UDAY_C_Santhakumar
22
Relative Momentum Index The Relative Momentum Index (RMI) was developed by Roger Altman. Impressed with the Relative Strength Index's sensitivity to the number of look-back periods, yet frustrated with it's inconsistent oscillation between defined overbought and oversold levels, Mr. Altman added a momentum component to the RSI. As mentioned, the RMI is a variation of the RSI indicator. Instead of counting up and down days from close to close as the RSI does, the RMI counts up and down days from the close relative to the close x-days ago where x is not necessarily 1 as required by the RSI). So as the name of the indicator reflects, "momentum" is substituted for "strength".
Indicatore Pine Script®
di HPotter
9
Dynamic Momentum Oscillator (Dynamo)Hi, In July 1996 Futures magazine, E. Marshall Wall introduces the Dynamic Momentum Oscillator (Dynamo). Please refer to this article for interpretation. The Dynamo oscillator is a normalizing function which adjusts the values of a standard oscillator for trendiness by taking the difference between the value of the oscillator and a moving average of the oscillator and then subtracting that value from the oscillator midpoint.
Indicatore Pine Script®
di HPotter
Momentum Theory Quick BiasMomentum Theory Quick Bias is a watchlist screener tool for rapid multi-timeframe analysis. It displays a variety of information from higher timeframes in order to set a directional bias including: breakout levels, peak levels, previous bar closes, and swing points. ✅ 8 Symbol Watchlist Scanner ✅ Quickly Set Directional Bias ✅ For Scalpers, Day Traders, and Swing Traders --- 📷 INDICATOR GALLERY --- --- 🚀 QUICK LOOK --- ✔ Multi-Timeframe Analysis Displays various higher timeframe information in order to read how an asset is moving with one quick glance. Utilizes icons and colors that serve as visual cues. --- ⚡ FEATURES --- ✔ Breakout Bias Shows if the current price is above or below the breakout level on the timeframe. ✔ Peak Bias Shows if the current previous peak has been triggered and where price is relative to it. ✔ Previous Bar Close Shows how the previous bar closed and whether it's bullish or bearish. Breakout Fakeout Inside Outside ✔ Swing Point Shows if the timeframe has currently flipped its breakout level. ✔ Bias Alignment Shows visual icons if there is bias alignment between the timeframes. ↗️↘️ Breakout Bias Alignment 🔼🔽 Peak Bias Alignment 🔀 Breakout and Peak Bias Alignment, but opposite ✅ Breakout and Peak Bias Alignment ✔ Quick Analysis Hover over the symbol name to view which timeframe levels are bullish or bearish and if peak levels have been triggered. --- 🔥 OTHER FEATURES --- ✔ Built-In Presets Create your own custom watchlist or use one of the built-in ones (using Oanda charts) It's recommended to use the same source for all assets in your watchlist whenever possible ✔ Customized Layouts Display the watchlist in a variety of different column arrangements. ✔ Dark and Light Modes Adjustable theme colors to trade your chart the way you want. ✔ Plug-and-Play Automatically changes the relevant levels depending on the viewed timeframe. Just fill in your watchlist, add it to your chart, and start trading! Set the indicator to the following timeframes to view those arrangements: Month Timeframe - Y / 6M / 3M / M Week Timeframe - 6M / 3M / M / W Day Timeframe - 3M / M / W / D H4 Timeframe - Y / M / W / D M15 Timeframe - M / W / D / H8 M10 Timeframe - M / W / D / H4 M5 Timeframe - W / D / H8 / H2 M3 Timeframe - W / D / H4 / H1 M2 Timeframe - D / H8 / H2 / M30 M1 Timeframe - D / H4 / H1 / M15 --- 📝 HOW TO USE --- 1) Create your watchlist or use one of the built-in presets and place it on the timeframe you want to see. If no watchlist is created, it automatically sets to the current asset. 2) Alignments will trigger in real-time and push to the top of the column. It is recommended to place the indicator in a different chart window, so it won't have to refresh every time the asset or timeframe changes.
Indicatore Pine Script®
di nohypetrader
Momentum Pinball//////////////////////////////////////////////////////////////////////////////////////////////// //// Momentum Pinball, when you get a buy/sell signal, wait for the next day //// enter on the high or low of the first hour and place a stop in the low/high //// of the first hour. If the day you get filled closes profitable you can decide to close //// the trade buy the end of the day or hold overnight and exit the following morning ////////////////////////////////////////////////////////////////////////////////////////////
Indicatore Pine Script®
di simtrader19a
Momentum Pinball IndicatorMomentum Pinball, when you get a buy/sell signal, wait for the next day enter on the high or low of the first hour (depending on the signal) and place a stop in the low/high of the first hour. If the day you get filled closes profitable you can decide to close the trade by the end of the day or hold overnight (if there was a considerable move) and exit the following morning. This strategy is based on the 3 period RSI of the one period ROC
Indicatore Pine Script®
di the_no_factor
2
Unbounded RSIIntroducing the concept of "Unbounded RSI". Instead of indexing the average gain and average loss, over the time period of interest, we leave the average gain and loss unbounded. Instead we "bound" them by difference of each and smoothen out this difference in an envelope using exponential average. See code. What this does to traditional RSI concept? No concept of "overbought", "oversold" No concept of "60-40", "70-30" bands and arguments over it No concept of "Range Shifts" ... How to use it? I am generally a positional long trader. So I present my version. Of course, I expect each individual who decide to use this concept, to come up with their ideas, based on their style and temperament. The points below, I apply on a Weekly Timeframe Chart. Once, we see a long consolidation and price breakout, we should be able to see "Green" histogram bars. These appear, once we have the stock at least 20% up from the 52WL and the "Unbounded RSI" has turned positive. This can be a good time to "enter" into the scrip. The height of the bars are significant, since they essentially show, that the "gap" between the avg. gain and avg. loss is widening, indicating momentum. Swing trading can thrive in these environments I guess. Falling heights indicate that gaps to close, though, the "gap can still be green". This means, momentum is now falling. Swing traders and "quick buck makers", would ideally book profits here. If the color of the bars still remain "Green" it indicates that momentum has reduced but still the gains are "more" than loss on the timeperiod selected. Once the histogram turns red, it means that the gain is now lower than loss. An increasing height underground, means this loss is widening. Generally, this will corelate with price action (not necessarily volume). At this time, exits should be looked for, may be also check other factors/indicators to decide, but surely the momentum and the gain% over the timeperiod selected has now gone. Note for Pine Coders: The source code can easily be modified to develop this concept further. For example: Use different smoothing algorithms Remove 52WL condition and introduce new additional conditions Instead of price change of the stock for gain/loss calculations, we use the concept of Relative Strength (RS, not RSI) and measuere the gain/loss based on a benchmark index . I intend to work on this concept, soon. You shall see a variable "unboundedRSI" which is actually a ratio of the Avg. Gain / Avg. Loss. This ratio is not plotted. It is kept there, for future use. Many more
Indicatore Pine Script®
di bharatTrader
3
MCOTs Intuition StrategyInitial Capital: The strategy starts with an initial capital of $50,000. Execution: Trades are executed on every price tick to capture all potential movements. Contract Size: The default position size is one contract per trade. Timeframe: Although not explicitly mentioned, this strategy is intended for a one-minute timeframe. RSI Calculation: The Relative Strength Index (RSI) is calculated over a user-defined period (default is 14 periods). Standard Deviation: The script calculates the standard deviation of the change in RSI values to determine the threshold for entering trades. Exhaustion Detection: Before entering a long or short position, the script checks for exhaustion in the RSI’s momentum. This is to avoid entering trades during extreme conditions where a reversal is likely. Entry Conditions: A long position is entered when the current RSI momentum exceeds the standard deviation threshold and is less than the previous momentum multiplied by an exhaustion factor. A short position is entered under the opposite conditions. Limit Orders for Exit: Instead of traditional stop loss and take profit orders, the strategy uses limit orders to exit positions. This means the strategy sets a desired price level to close the position and waits for the market to reach this price. Profit Target and Stop Loss: The script allows setting a profit target and stop loss in terms of ticks, which are the smallest measurable increments in price movement for the traded asset. blah blah whatever
Strategia Pine Script®
di csth97