Adaptive Fisherized ROCIntroduction
Hello community, here I applied the Inverse Fisher Transform, Ehlers dominant cycle determination and smoothing methods on a simple Rate of Change (ROC) indicator
You have a lot of options to adjust the indicator.
Usage
The rate of change is most often used to measure the change in a security's price over time.
That's why it is a momentum indicator.
When it is positive, prices are accelerating upward; when negative, downward.
It is useable on every timeframe and could be a potential filter for you your trading system.
IMO it could help you to confirm entries or find exits (e.g. you have a long open, roc goes negative, you exit).
If you use a trend-following strategy, you could maybe look out for red zones in an in uptrend or green zones in a downtrend to confirm your entry on a pullback.
Signals
ROC above 0 => confirms bullish trend
ROC below 0 => confirms bearish trend
ROC hovers near 0 => price is consolidating
Enjoy! 🚀
Cerca negli script per "momentum"
Walter Deemer Market Breadth Breakaway MomentumThis indicator is based on long time market analysts Walter Deemer's research. Below is a summary of what the indicator is used for. In short it can be used to spot market reversals.
In short, when the 10 day NYSE Advance:Decline ratio breaches 1.97, the market has achieved break away momentum. When the 20 day ratio achieves a 1.72 ratio this can be a "good" signal even if when the 10 day has not achieved a 1.97 ratio.
In addition to the NYSE, you can toggle NASDAQ, AMEX, or the average of the three.
You can read more about it here: walterdeemer.com
"Downside momentum usually peaks at the end of a decline, as prices cascade into a primary low. On the upside, though, momentum peaks at the beginning of an advance, then gradually dissipates as the advance goes on, and the more powerful the momentum at the move's beginning, the stronger the overall move; REALLY strong momentum is found only at the beginning of a REALLY strong move: a new bull market or a new intermediate leg up within a bull market. We coined the term "breakaway momentum" in the 1970's to describe this REALLY powerful upside momentum. The following is a review of what it is and how it is typically generated.
Breakaway momentum (some people call it a "breadth thrust") occurs when ten-day total advances on the NYSE are greater than 1.97 times ten-day total NYSE declines. It is a relatively uncommon phenomenon...24 times it has occurred since World War II (an average of once every 3 1/2 years). Cyclical bull markets, though, are traditionally heralded by breakaway momentum, so we are hopeful that it will be generated this time around, too.
....The real trick in generating breakaway momentum? It's not a lot of advances; it's a lack of declines."
StockBee 4% BreakoutThe Stockbee 4% Breakout script is a study tool for users who wants to do a deep dive on StockBee's 4% Breakout momentum burst method. This script will assist a specific group of traders who trade this method easily find historical momentum bursts. This script finds and colors red any candle body that meets the following criteria:
1. Volume of the candle is greater than the previous candle volume.
2. The percent change of candle's price is greater than 4% from the previous candle close.
3. Current candle close is less than 30% from candle's high.
This script also filters out any candle that gaps up and breaks down with a close above 4% the previous candle (Eliminates gap-ups that fade). This tool is meant to find and filter possible candidates. Not every marked candle is a great momentum burst trade.
This is very helpful for Trading View users trading this specific setup.
Pecunia ScreenerPecunia Screener
The screener is specifically built on trend-based algorithms. When certain parameters set by us in the script are fulfilled the indicator displays the symbol of momentum stocks.
The screener screens the momentum stocks & displays the stocks to trade-in at the chosen time frame.
Color Notations:
By default, the screened stocks will be displayed in a blue color box.
Features:
1) Displays the momentum stocks to trade-in
2) Covers the Equity market
3) You can add/remove stocks from the screener as per your convenience by going to the settings of the screener indicator
Before you proceed:
We are not SEBI Registered Analysts and shall not be culpable for any loss incurred directly or indirectly. Our indicator is no holy grail system thus investment in the stock market is a subject of market risk. Investment in stocks, futures, and options trading is not suitable for every trader and involves a considerable risk of loss.
The market may fluctuate, and the user always has a risk of loss, thus, we won’t be liable for any losses incurred while using our indicator, our trading ideas, or our approach.
RP trend readerThis tool is a momentum reader
You can use this tools at any timeframe
When the momentum is meet the condition then it will show the signal
The signal are "Buy" and "Sell"
Buy means that you Long or exit your Short at the price
Sell means that you Short or exit your Long at the price
There's pivot line at there
Pivot line is showing how strong the momentum right now
If the price above or way above the pivot line then the uptrend is strong (very bullish)
If the price below or way below the pivot line then the downtrend is strong (very bearish)
Don't blindly Buy or Sell just because the signal is coming out
Combine it with the market structure, look at the big picture instead lower TF and the edge is yours
The best entry is when the price bounce close to the pivot point
Be carefull with the sideway or choppy market. You can see that the price is going up and down at the pivot line and the signals come out quite often
Follow your trading plan, be patience (don't FOMO) and be discipline with your plan... Cheers...
Smooth First Derivative IndicatorIntroducing the Smooth First Derivative indicator. For each time step, the script numerically differentiates the price data using prior datapoints from the look-back window. The resulting time derivative (the rate of price change over time) is presented as a centered oscillator.
A first derivative is a versatile tool used in functional data analysis. When applied to price data, it can be applied to analyze momentum, confirm trend direction, and identify pivot points.
Model Description:
The model assumes that, within the look-back window, price data can be well approximated by a smooth differentiable function. The first derivative can then be computed numerically using a noise-robust one-sided differentiator. The current version of the script employs smooth differentiators developed by P. Holoborodko (www.holoborodko.com). Note that the Indicator should not be confused with Constance Brown's Derivative Oscillator.
Input parameter:
The Bandwidth parameter sets the number of points in the moving look-back window and thus determines the smoothness of the first derivative curve. Note that a smoother Indicator shows a greater lag.
Interpretation:
When using this Indicator, one should recall that the first derivative can simply be interpreted as the slope of the curve:
- The maximum (minimum) in the Indicator corresponds to the point at which the market experiences the maximum upward (downward) slope, i.e., the inflection point. The steeper the slope, the greater the Indicator value.
- The positive-to-negative zero-crossing in the Indicator suggests that the market has formed a local maximum (potential start of a downtrend or a period of consolidation). Likewise, a zero-crossing from negative to positive is a potential bullish signal.
MA MTF Momentum HistogramMy own interpretation indicator which i call multi time frame moving averages momentum with NO LAG EMA support (Optional).
The indicator is calculated by subtracting the long-term EMA from the short-term EMA .
This pretty much resembles the MACD moving averages calculation but without the smoothing of the histogram.
Can also be used to find divergences.
The background shows the main trend with higher time frame which can be set in the settings.
Aimed to use with Higher time frame (Double or more) but can also work with lower time frame.
How to use the indicator?
==Histogram==
Green: Momentum of asset is positive and increasing.
Lighter Green: Momentum of asset is still positive but decreasing and can revert to negative momentum.
Red: Momentum of asset is negative and increasing.
Lighter Red: Momentum of asset is still negative but increasing and revert to positive momentum.
==Background Color - Main Trend==
Green: HTF (Higher time frame) momentum is positive.
RED: HTF momentum is negative.
Feel free to comment and Follow to stay updated with upcoming scripts: www.tradingview.com
NOTE: BARS ARE COLORED BY DEFAULT WITH HISTOGRAM COLORS! (Can be changed in settings)
Trend Lines for RSI, CCI, Momentum, OBVHello Traders!
After publishing Trend Lines for RSI yesterday, I realized that Trend Lines for more indicators needed by the traders. so I decided to make it for four different indicators: RSI, CCI, OBV, Momentum
In the indicator options you can choose the indicator from pull-down menu.
How it works?
- On each bar it finds last 10 higher and lower Pivot Points (PP) for the indicator.
- from first bar to 10. Pivot Point it searchs if a trend line is possible
- for each PP it starts searching from the last PP .
- it checks if drawing a trend line possible or not and also it's broken or not
- if it's broken then optionally it shows broken trend lines as dotted (or you can option not to see broken lines)
- if it finds a continues trend line then it stops searhing more and draw trend line, this is done by checking angles (I did this to make the script faster, otherwise you may get error because of it needs time more than .2sec)
- the script makes this process for each PP
- then shows the trend lines
P.S. it may need 3-10 seconds when you added the script to the chart at first (because of calculations)
Trend lines for CCI:
Trend Lines for OBV
Trend Lines for Momentum:
You may want to watch how Trend Lines script works (that was made for RSI)
s3.tradingview.com
If you still didn't see Trend Lines v2 then visit:
All Comments are welcome..
Enjoy!
SRSI Multi TFAs it states this is Satoshi RSI Multi Time Frame
Meaning you can now trade the HTF RSI momentum while on the LTF
so for instance I trade the 5m chart but using the m30 trend using this indicator
the multiple between the two values is 5 so id suggest you keep your multiple the same. So if you want to trade the H1 chart you would set the TREND or "HTF Fast Line" to 300.
Time frames are in integers and run all the way up the "D"
ex
5 min = 5
30 min = 30
60 min = 60
H4 = 240
etc.
you also have
D2, D3
W
M
etc.
best used with EW in mind or some other pattern analysis as this would act as CONFLUENCE to an idea you already entered OR as CONFIRMATION to an idea OR some form of MA such as TrendAID
There are signals in regards to momentum , short/long, and a signal i created that uses a series of other criteria to fire.
The strategy is easy for this is as folllowed
SRSI > Fast Line (cyan) and Fast Line > HTF Fast Line(gold) and Med Line(red) > HTF Fast Line == LONG or longs of interest NOTE WHEN THE TREND IS STRONG YOUR HTF slow line will RANGE above or below 50.
VICE versa
You will notice the cyan FAST LINE will LEAD , confirmation of trend reversal is when SRSI breaks above and the above follows.
CHEERS.
[BTX] TRIX + MA combined indicator (open version)This indicator combines TRIX and MA of TRIX in one. You can choose which type of moving average line to be used (EMA or SMA).
Default values are 12 periods for TRIX and 10 periods for MA/TRIX, which helps better response to price movement.
This indicator can use in all markets, all timeframes. This is an update to my indicator, which is a protected script. You can find it at the link: .
What is the TRIX (Triple Exponential Average) indicator?
TRIX is a momentum oscillator that displays the percent rate of change of a triple exponentially smoothed moving average. It was developed in the early 1980s by Jack Hutson, an editor for 'Technical Analysis of Stocks and Commodities' magazine. With its triple smoothing, TRIX is designed to filter out insignificant price movements. Chartists can use TRIX to generate signals similar to MACD. A signal line can be applied to look for signal line crossovers. A directional bias can be determined with the absolute level. Bullish and bearish divergences can be used to anticipate reversals.
Top GoonTOP GOON indicator
Inverse Fisher Stochastic + Momentum
If you know range rules you will love the TGI
Midpoint+ is BULLISH
Midpoint- is BEARISH
Cyan+ EXTREME BULL
Yellow- EXTREME BEAR
Watch Cyan/Yellow to break for volatility
new versions will be made and updated hear :)
TG is shown on the bottom
Momentum Index by @satoshiheavy is above that
and on top is Satoshi's RSI by @satoshiheavy
Twitter:
@bitcoinTAplus
@satoshiiheavy
🥢Crypto-Sticks: Anchored Momentum v1.0 by Cryptorhythms🥢Crypto-Sticks™: Anchored Momentum (Rudy Stefenel)
A new series of indicators brought to you by Cryptorhythms...giving you an alternate look at your trusted favorites! Follow me, there are still 2 dozen Crypto-Sticks indicators planned - all will be released in public library.
🚀Indicator Specific Info
🐻Thanks to Lazybear for posting the original AM code I updated to create this indicator! (give that man a follow/thumbs-up, hes a legend!)
New Crypto-Sticks option is an EMA of the average signal line output. Eventually I will go back and update the previous indicators with this feature as well!
In this indicator there is an option to smooth the raw momentum or not. Here's an example of smoothed momentum:
Heiken Ashi candles (default) adds some more clear trend changing points. HA example here:
Volume weighting the HA candles adds a different dimension to the indicator which I have to explore more fully. VW
adds too much noise in my opinion. I left there in case you want to experiment. An example of VW+HA:
💭Please leave me any ideas or feedback you have!
🚫If you use volume weighting you should be on heiken candles.
🚀Crypto-Sticks General Info
🚧This series isnt polished 100%, and I have some more options I will add in the future. But for now, I want to just release them, as I am not sure when I will have the time to put more work into them (many other big projects I am working on).
📊Its basically reinterpretations of all your favorite indicators. I calculate the values a little bit differently than normal, but the end result is creating a candlestick chart (for the indicator!). Then I added the option to plot them as Heiken Ashi candles to smooth out noise and make signaling easier. I recommend using the indicator on this setting.
🔊Lastly I implemented a Volume Weighting system for them all which simply integrates volume into the formulas for these indicators. For the most part this feature is experimental and doesn't provide huge utility (yet - I have other ways I want to try it as well - just no time). Though on some of the indicators it already shows great promise.
👍Enjoying this indicator or find it useful? Please give me a like and follow! There are many more indicators to be released in this series, not to mention I post crypto analysis and other 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 isnt open only to subscribers - everyone is welcome to join.
Blair Momentum IndicatorThis is a very interesting momentum indicator for everyone to take a look at. To understand the concept behind it please see my previous idea "Adaptive Derivative Analysis", and the short Bitcoin prediction that was concurrent.
At its core this indicator takes the derivative of a custom adaptive moving average and adaptively weights the results. This is what the big black line is, the "Blair Line". When it is above 0 there is upward momentum, and downward when it is below 0. However, simply watching the movement of the Blair line doesn't seem especially helpful, so to aid the eye there are clouds around it. 2 fast clouds, 1 medium cloud, and 1 slow cloud. When the Blair line goes under a cloud it is a good time to sell, when it goes above a cloud it is a good time to buy. The red and orange clouds provide the quickest signals about the behavior of the momentum. The yellow cloud provides more certainty. When all three of these clouds align on the same side of the Blair line, it is a very good indication about the current momentum in the market. The Blue cloud is the slowest cloud, and provides the greatest confluence. Since the market can be in varying degrees of volatility there is a button to adjust the sensitivity of the indicator, called the "Roughness". When the roughness is at its maximum of 6 the indicator takes lots of weight for the most recent price movement, when the roughness is at a minimum of 1 it only looks at really long term behavior. The indicator seems to be the best at a roughness between 2 to 4. Since this is a momentum indicator it will not tell you what is the best time to buy at the lowest and sell at the highest, but it will give you a very good idea about the momentum in the markets, and much more importantly when the momentum will reverse.
It is recommended to use this indicator at a timeframe or two higher than where you are trading for a good overview. If you are trading on the 5 minute charts, look at the Blair momentum indicator of the 1 hour to 2 hour charts. If you trade on the daily charts then look at the weekly Blair momentum.
The power of this tool is in its ability to show where the momentum is changing, a long time before the price action changes. Please apply this indicator to the charts you are working with and see its predictive behavior around breakouts and sideways action.
Happy trading! Always feel free to message me with questions.
Absolute Momentum Indicator Covered intensevely by Gary Antonnacci in his paper " Absolute Momentum : A simple Rule Based Strategy and Universal Trend Following Overlay , Absolute momentum buys asset with excess return, which is calculated by taking the return of the asset for a giving period of time LESS the Treasury bill rate . The following indicator is based on the rules found in the paper. However you have the liberty to choose your time frame and symbol to calculate the excess return .
Read more about this indicator here
Cheers
Global Ribbon
Global Ribbon Indicator is an advanced technical analysis tool that utilises a sentiment ribbon and support/resistance lines to identify key moments for entering and exiting positions. With extensive configuration options (timeframe selection) and personalisation features, the indicator is ideal for both short-term and long-term investors.
Market Sentiment Ribbon:
The indicator visualises market sentiment through a colored ribbon:
A green ribbon indicates positive market sentiment (uptrend).
A red ribbon signals negative market sentiment (downtrend).
Support and Resistance Lines:
The support line represents a level where the price tends to bounce upwards, indicating buyer dominance.
The resistance line marks a level where the price often stalls or declines, indicating seller dominance.
Position Entry – Suggested Signals:
Buy:
The price breaks above the support line.
The ribbon turns green.
The candle closes above the support line.
Sell:
The price breaks below the resistance line.
The ribbon turns red.
The candle closes below the resistance line.
Momentum Entries (long body candle):
Momentum is confirmed by a ribbon colour change and a dynamic candle close beyond the key support/resistance level — wait for the price to return to the line.
Position Exit
For Buy positions:
Exit occurs when the ribbon turns red, signalling a sentiment reversal.
For Sell positions:
Exit occurs when the ribbon turns green or when orange dots appear, indicating market indecision.
Indicator Visualization
The indicator displays the sentiment ribbon as colored zones on the chart:
Green for positive sentiment
Red for negative sentiment
Entry signals are marked with triangles:
Green triangle for buy
Red triangle for sell
A signal of investor hesitation, where supply and demand forces are balanced for a period, is shown as:
Orange dots
Alert/Notification Settings on TradingView
Alerts notify users of sentiment changes and potential entry/exit signals:
Green Ribbon – ribbon turned green
Red Ribbon – ribbon turned red
SELL Signal – conditions for a suggested long position are met (green triangle appears; default setting)
BUY Signal – conditions for a suggested short position are met (red triangle appears; default setting)
Attention-fluctuation – indicates a moment of market hesitation, marked by an orange dot (default setting)
Indicator Settings:
The "Global Ribbon" indicator offers configuration options in the settings section.
Arguments Section:
Allows selection of various timeframes for analysis, such as "1D" (daily), "4H" (four-hour), or "1W" (weekly). This enables users to analyse market sentiment and support/resistance levels from different time perspectives. Parameter adjustments allow for a precise definition of analysis periods and other core settings.
Style Section:
Enables personalisation of the indicator’s appearance:
Ribbon colours can be customised to user preference.
Support and resistance lines are displayed as distinct lines with defined colour and thickness.
Entry/exit signals can be marked with different graphic styles, such as triangles or dots.
Visibility:
Users can specify the time frame from which the indicator will present data. If no specific time frame is selected, the indicator will appear in the default (1D) settings.
The Global Ribbon Indicator is an analytical tool that combines advanced functionality with intuitive visualisation. With the ability to select timeframes and personalise the indicator’s appearance, users can precisely analyse market sentiment and key support/resistance levels. Its configuration options make it ideal for both novice traders and advanced investors seeking effective analytical solutions.
BANKR ALGO Buy/Sell SignalBANKR CAPITAL ALGO is a custom momentum-based tool that identifies potential trend shifts using a multi-layered confirmation system. By aligning internal momentum with directional bias and structural flow, it helps filter high-probability entries. When combined with key support and resistance zones, it has demonstrated up to an 89% win rate in live-market conditions.
TrendPredator FOTrendPredator Fakeout Highlighter (FO)
The TrendPredator Fakeout Highlighter is designed to enhance multi-timeframe trend analysis by identifying key market behaviors that indicate trend strength, weakness, and potential reversals. Inspired by Stacey Burke’s trading approach, this tool focuses on trend-following, momentum shifts, and trader traps, helping traders capitalize on high-probability setups.
At its core, this indicator highlights peak formations—anchor points where price often locks in trapped traders before making decisive moves. These principles align with George Douglas Taylor’s 3-day cycle and Steve Mauro’s BTMM method, making the FO Highlighter a powerful tool for reading market structure. As markets are fractal, this analysis works on any timeframe.
How It Works
The TrendPredator FO highlights key price action signals by coloring candles based on their bias state on the current timeframe.
It tracks four major elements:
Breakout/Breakdown Bars – Did the candle close in a breakout or breakdown relative to the last candle?
Fakeout Bars (Trend Close) – Did the candle break a prior high/low and close back inside, but still in line with the trend?
Fakeout Bars (Counter-Trend Close) – Did the candle break a prior high/low, close back inside, and against the trend?
Switch Bars – Did the candle lose/ reclaim the breakout/down level of the last bar that closed in breakout/down, signalling a possible trend shift?
Reading the Trend with TrendPredator FO
The annotations in this example are added manually for illustration.
- Breakouts → Strong Trend
Multiple candles closing in breakout signal a healthy and strong trend.
- Fakeouts (Trend Close) → First Signs of Weakness
Candles that break out but close back inside suggest a potential slowdown—especially near key levels.
- Fakeouts (Counter-Trend Close) → Stronger Reversal Signal
Closing against the trend strengthens the reversal signal.
- Switch Bars → Momentum Shift
A shift in trend is confirmed when price crosses back through the last closed breakout candles breakout level, trapping traders and fuelling a move in the opposite direction.
- Breakdowns → Trend Reversal Confirmed
Once price breaks away from the peak formation, closing in breakdown, the trend shift is validated.
Customization & Settings
- Toggle individual candle types on/off
- Customize colors for each signal
- Set the number of historical candles displayed
Example Use Cases
1. Weekly Template Analysis
The weekly template is a core concept in Stacey Burke’s trading style. FO highlights individual candle states. With this the state of the trend and the developing weekly template can be evaluated precisely. The analysis is done on the daily timeframe and we are looking especially for overextended situations within a week, after multiple breakouts and for peak formations signalling potential reversals. This is helpful for thesis generation before a session and also for backtesting. The annotations in this example are added manually for illustration.
📈 Example: Weekly Template Analysis snapshot on daily timeframe
2. High Timeframe 5-Star Setup Analysis (Stacey Burke "ain't coming back" ACB Template)
This analysis identifies high-probability trade opportunities when daily breakout or down closes occur near key monthly levels mid-week, signalling overextensions and potentially large parabolic moves. Key signals for this are breakout or down closes occurring on a Wednesday. This is helpful for thesis generation before a session and also for backtesting. The annotations in this example are added manually for illustration. Also an indicator can bee seen on this chart shading every Wednesday to identify the signal.
📉 Example: High Timeframe Setup snapshot
3. Low Timeframe Entry Confirmation
FO helps confirm entry signals after a setup is identified, allowing traders to time their entries and exits more precisely. For this the highlighted Switch and/ or Fakeout bars can be highly valuable.
📊 Example (M15 Entry & Exit): Entry and Exit Confirmation snapshot
📊 Example (M5 Scale-In Strategy): Scaling Entries snapshot
The annotations in this examples are added manually for illustration.
Disclaimer
This indicator is for educational purposes only and does not guarantee profits.
None of the information provided shall be considered financial advice.
Users are fully responsible for their trading decisions and outcomes.
RSI & DPO support/resistanceThis indicator combines the Relative Strength Index (RSI) to identify overbought and oversold conditions with the Detrended Price Oscillator (DPO) to highlight support and resistance levels.
Unlike traditional indicators that display these metrics in a separate window, this tool integrates them directly onto the main price chart.
This allows for a more cohesive analysis, enabling traders to easily visualize the relationship between price movements and momentum indicators in one unified view.
How to Use It:
Identify Overbought and Oversold Conditions:
Look for RSI values above 70 to identify overbought conditions, suggesting a potential price reversal or pullback. Conversely, RSI values below 30 indicate oversold conditions, which may signal a potential price bounce or upward movement.
Analyze Support and Resistance Levels:
Observe the DPO lines on the main chart to identify key support and resistance levels. When the price approaches these levels, it can provide insights into potential price reversals or breakouts.
Combine Signals for Trading Decisions:
Use the RSI and DPO signals together to make informed trading decisions. For example, if the RSI indicates an overbought condition while the price is near a resistance level identified by the DPO, it may be a good opportunity to consider selling or taking profits.
Monitor Divergences:
Watch for divergences between the RSI and price movements. If the price is making new highs while the RSI is not, it could indicate weakening momentum and a potential reversal.
Set Alerts:
Consider setting alerts for when the RSI crosses above or below the overbought or oversold thresholds, or when the price approaches significant support or resistance levels indicated by the DPO.
Practice Risk Management:
Always use proper risk management techniques, such as setting stop-loss orders and position sizing, to protect your capital while trading based on these indicators.
By following these steps, traders can effectively utilize this indicator to enhance their market analysis and improve their trading strategies.
Range Tightening Indicator (RTI)The Range Tightening Indicator (RTI) quantifies price volatility relative to recent price action, helping traders identify low-volatility consolidations that often precede breakouts.
Range Tightening is calculated by measuring the range between each bar’s high and low prices over a chosen lookback period.
A 5-bar period is recommended for shorter-term momentum setups and a 15-bar period is recommended for swing trading. An option for a custom period is available to suit specific strategies. The default look back for custom is 50, ideal for longer term traders.
Other Key Features:
Dynamic Color Coding: The RTI line turns green when volatility doubles after a drop to or below 20, flagging significant volatility shifts commonly seen before breakouts.
Low-Volatility Dots: Orange dots appear on the RTI line when two or more consecutive bars show RTI values below 20, visually marking extended low-volatility periods.
Volatility Zones: Shaded zones provide quick context:
Zone 1 (0-5): Extremely tight volatility, shown in red.
Zone 2 (5-10): Low volatility, shown in light green.
Zone 3 (10-15): Moderate low volatility, shown in green.
The RTI indicator is ideal for traders looking to anticipate breakout conditions, with features that highlight consolidation phases, support momentum strategies, and help improve entry timing by focusing on shifts in volatility.
This indicator was inspired after Deepvue's RMV Indicator, but uses a different calculation. Results may vary.
FX DispersionThis script calculates the dispersion of a basket of 5 FX pairs and then calculates the z-score the z-score is then made into a composite using the 30 and 60 ema of the z-score to smooth any noise. It must be used on one of the FX pairs in the basket and on the 1-minute timeframe as it has been hardcoded for 1 min use below.
Interpretation - Dispersion is a component of volatility - the dispersion of the underlying basket increases above 0.5 and decreases below 0.5.
Although increased dispersion is beneficial to momentum and trend-following strategies on the monthly and weekly timeframes. Observe this on the 1-minute timeframe and how dispersion crossing above/ below 0.5 it can signal reversion or momentum for the next period.
TASC 2023.12 Growth and Value Switching System█ OVERVIEW
This script implements a rotation system for trading value and growth ETFs, as developed by Markos Katsanos and detailed in the article titled 'Growth Or Value?' in TASC's December 2023 edition of Traders' Tips . The purpose of this script is to demonstrate how short-term momentum can be employed to track market trends and provide clarity on when to switch between value and growth.
█ CONCEPTS
The central concept of the presented rotation strategy is based on the observation that the stock market undergoes cycles favoring either growth or value stocks. Consequently, the script introduces a momentum trading system that is designed to switch between value and growth equities based on prevailing market conditions. Specifically tailored for long-term index investors, the system focuses on trading Vanguard's value and growth ETFs ( VTV and VUG ) on a weekly timeframe.
To identify the ETF likely to outperform, the script uses a custom relative strength indicator applied to both VTV and VUG in comparison with an index ( SPY ). To minimize risk and drawdowns during bear markets, when both value and growth experience downtrends, the script employs the author's custom volume flow indicator (VFI) and blocks trades when its reading indicates money outflow . Positions are closed if the relative strength of the current open trade ETF falls below that of the other ETF for two consecutive weeks and is also below its moving average. Additionally, the script implements a stop-loss when the ETF is trading below its 40-week moving average, but only during bear markets.
The script plots the relative strengths of the value and growth equities along with the signals triggered by the aforementioned rules. Information about the current readings of the relative strength and volume flow indicators, along with the current open position, is displayed in a table.
█ CALCULATIONS
The script uses the request.security() function to gather price data for both equities and the reference index. Custom relative strength and volume flow indicators are calculated based on the formulas presented in the original article. By default, the script employs the same parameters for these indicators as proposed in the original article for VTV and VUG on a weekly timeframe.
Super Smoother Velocity w/ Floating Levels [Loxx]The Super Smoother Velocity with Floating Levels is a technical tool devised to provide clearer price movement insights, drawing from the power of the "Super Smoother" function.
The Super Smoother function is fundamentally a unique formula which leverages trigonometric and exponential concepts to generate a highly smooth value for the given data. This function's intent is to help diminish noise, making the price movements more discernible.
█ Ehlers Super Smoother:
Developed by John Ehlers, the Super Smoother is designed to improve the data smoothing process by eliminating noise in the data. The traditional moving averages, like the simple moving average (SMA) or exponential moving average (EMA), often incorporate noise which can provide false trading signals. Ehlers' goal with the Super Smoother was to produce a filtering technique that retains the smoothness of a moving average while being more responsive to recent price changes and reducing lag.
Purpose:
The Super Smoother aims to minimize the lag seen in traditional moving averages by reducing the influence of short-term price noise. This noise can cause erratic movements in simple and exponential moving averages, leading to potential false signals.
Mechanism:
The Super Smoother uses a combination of exponential moving averages with a cyclic component to achieve its goal. By introducing a frequency component (through the use of a sine wave), the Super Smoother tries to focus on the more dominant, longer-term cycles in the data rather than the short-term noise.
The cyclic component is determined by the length (or period) provided to the Super Smoother. This essentially dictates which cycle the filter will focus on the most.
Advantages:
1. Reduced Lag: As compared to traditional moving averages, the Super Smoother's response to price changes is quicker, meaning it's more reactive to recent price data.
2. Noise Reduction: By focusing on dominant cycles and reducing the influence of short-term noise, it offers a cleaner and smoother data representation.
3. Versatility: While designed for price data, it can be applied to other indicators to reduce their noise.
In trading applications, the Ehlers Super Smoother can provide clearer signals about the dominant trend in price data. This can be particularly useful in noisy markets or on lower timeframes where traditional moving averages might produce many false or premature signals.
█ Settings
1. The momentum period, which can be imagined as the heartbeat of this indicator, setting its pace.
2. The range for the maximum and minimum momentum, offering a lens through which to view the price movement extremes.
3. Predefined levels up and down, which are essentially markers that provide a perspective on the potential high and low turning points.
A significant feature here is the signaling mechanism. This mechanism alerts users to potential buy or sell opportunities based on the way the Super Smoother function crosses certain thresholds. There are two distinct modes for these signals:
Levels Mode: This watches for the Super Smoother's crossing of the user-defined upper and lower levels.
Middle Mode: This focuses on the median, observing if the Super Smoother crosses this midway point.
Visual representation is enhanced with color coding. When in Middle Mode, if the Super Smoother is above the median, it's displayed in green, suggesting positive momentum. Conversely, red indicates it's below the median, hinting at negative momentum. In the Levels Mode, green signals the Super Smoother is above the upper level, while red indicates it's below the lower level. Gray is used when the value lies between the two extremes.
For those who prefer a visual cue on their charts, there's an option to showcase colored bars based on the momentum's direction. Additionally, small symbols can be plotted to highlight buy ("L") or sell ("S") signals, depending on the Super Smoother's movement in relation to the predefined thresholds.
Lastly, alert conditions can be set up to notify users whenever a potential buy or sell situation arises, making sure they don't miss key trading opportunities.
Opportunity_SniperThis script is based on divergence situation related to momentum and price.
For this we have 4 strategies divergence calculation :
So user can choose which strategy will be applied on chart from input. one of them or all of them.
Also user can activate swing High ang swing Low be shown on chart.
Below explanation of strategy what is doing :
Strategy 1 or Strategy 2 script tracks the price and compares it with momentum indicators to detect positif and negative divergnce
While strategy 3, script monitors the momentum and compares it with the price to detect positif and negative divergnce
Finally strategy 4, script monitors the momentum and compares it with the volume to detect positif and negative divergnce
How to use or benefit from script:
For Long position :
Depending on whiche strategy you will choose, when the Div Buy stgx signal appears, this means the appearance of Divergence, which leads to the beginning of bull Buy Momentum.
Wait for the conf Buy signal to appear and confirm your long entry and put your Stop Loss below the last swing low candle
For short position :
Depending on whiche strategy you will choose, When the Div Sell stgx signal appears, this means that Divergence has appeared, which leads to the start of Bearish Sell Momentum.
Wait for the conf Sell signal to appear and confirm your short entry and put your Stop Loss above the last swing high candle
Disclaimer
The content within my Scripts, Indicators, Ideas, Algorithms, and Systems is not intended as financial advice or an invitation to trade or invest in any securities.
I disclaim liability for any losses or damages, including loss of profit, arising directly or indirectly from reliance on the information provided.
All investments entail risks, and past performance of securities, industries, sectors, markets,
financial products, trading strategies, backtests, or individual trading does not guarantee future outcomes or returns.
Traders bear full responsibility for their investment choices, predicated on their financial circumstances, objectives, risk tolerance, and liquidity requirements.
My Scripts, Indicators, Ideas, Algorithms, and Systems are purely for educational purposes!
