Spread DifferentialThe Spread Differential tries to measure the speed of the market in any given direction. The histogram plots levels above or below zero in a sequence of Humps and Waves. Humps are repetitions of the previous trend before dropping to or near 0 whilst Waves are similar to Humps but the histogram must drop to or near 0 prior to forming another wave. You might notice that in no trend does the indicator ever form more than 2 waves. The indicator should be used in conjunction with the MA's selected in the panel to identify possible points of failure.
Differential
Ehlers Moving Average Difference Indicator [CC]The Moving Average Difference Indicator was created by John Ehlers (Stocks and Commodities Oct 2021 pg 23) and this is essentially his version of the famous MACD indicator. He calls this indicator the "thinking mans" MACD because his thought process for creating the lengths is based on half of the period of the dominant cycle. These are the default lengths that he created but feel free to test it out with your own variations and please let me know if you come up with a better one. I'm sorry for my long delay from TV. Sometimes I just need to step away and collect my thoughts before I burn myself out with the many scripts I keep publishing daily. I will try to get back into publishing daily again because I have a personal backlog of over 50 scripts ready to go that I haven't published yet. As always I have included strong buy and sell signals in addition to normal ones so darker colors are strong and lighter colors are normal. Buy when the line turns green and sell when it turns red.
Let me know if there are any other scripts you would like to see me publish!
MACD modulated RSIThe main oscillator is the RSI modulated by the MACD (default). The RSI mode can be disabled to revert to a normal MACD oscillator for the main oscillator.
When the main oscillator (thicker line) is > 0, it is green; and if it is < 0, it is red.
The MACD can be re-scaled and whenever its value > 100, a background fill between the oscillator and the zeroline appear to indicates overbought condition; and < -100 indicates oversold condition. The user can tweak the scaling factor to optimize this for a given chart and timeframe.
A proprietary asymmetric differential oscillator (ADO) is also implemented, which is modulated by the main oscillator. When this (thinner line) secondary oscillator is > 0, it is yellow; and when it is < 0, it is lavender. The user can select the order of the differential (i.e. Order 1 = Momentum, Order 2 = Acceleration, Order 3 = Jerk, Order 4 = Snap, Order 5 = Crackle, Order 6 = Pop). This oscillator provides details of the more subtle underlying/hidden trends that is emerging or brewing, and may hint of an incoming move ahead of time. Divergence in the sign and slope of this secondary oscillator with respect to the main oscillator may provide a useful edge for trade setup.
A (thick transparent light blue) volume oscillator is also provided. An increase in volume trend provides confirmation of (or solidifies) the movements in the main oscillator over that period. A falling volume oscillator trend raises doubts on the main oscillator trend, and hints of the possibility of a counter-trend (also look at the secondary ADO oscillator for clues).
The novel aspects and principles of this indicator and this source code are the property of © cybernetwork.
This indicator and script is free for the TV community to use.
MAJESTIC-X {EMA}The MAJESTIC (MAJ) is a set of M omentum/ A cceleration/ J erk oscillators.
This "X" edition comes with optimized time-frames to be used as a companion with the Fast LIVIDITIUM Channel (FLVDT.C).
The option to switch to custom time-frames is also available in this version.
The filled-histogram is the Momentum oscillator
The lime colored line is the Acceleration oscillator
The red colored line is the Jerk oscillator
The analysis candles-range have been optimized for the following time-frames:
monthly (1M) = 1
3W = 1
2W = 2
weekly (1W) = 4
5D = 6
4D = 8
3D = 10
2D = 15
daily (1D) = 30
240 hr = 80
Note: In no way is the MAJESTIC oscillator intended as a financial/investment/trading advice. You are responsible for your own investment decisions and trades.
Please exercise your own judgement for your own trades base on your own risk-aversion level and goals as an investor or a trader. The use of OTHER indicators and analysis in conjunction (tailored to your own style of investing/trading) will help improve confidence of your analysis, for you to determine your own trade decisions.
~JuniAiko
(=^~^=)v~
MAJESTIC-X {SMA}The MAJESTIC (MAJ) is a set of M omentum/ A cceleration/ J erk oscillators.
This "X" edition comes with optimized time-frames to be used as a companion with the Fast LIVIDITIUM Channel (FLVDT.C).
The option to switch to custom time-frames is also available in this version.
The filled-histogram is the Momentum oscillator
The lime colored line is the Acceleration oscillator
The red colored line is the Jerk oscillator
The analysis candles-range have been optimized for the following time-frames:
monthly (1M) = 1
3W = 1
2W = 2
weekly (1W) = 4
5D = 6
4D = 8
3D = 10
2D = 15
daily (1D) = 30
240 hr = 80
Note: In no way is the MAJESTIC oscillator intended as a financial/investment/trading advice. You are responsible for your own investment decisions and trades.
Please exercise your own judgement for your own trades base on your own risk-aversion level and goals as an investor or a trader. The use of OTHER indicators and analysis in conjunction (tailored to your own style of investing/trading) will help improve confidence of your analysis, for you to determine your own trade decisions.
~JuniAiko
(=^~^=)v~
MAJESTIC {EMA}The thickest blue line is the Momentum oscillator
The lime colored line is the Acceleration oscillator
The red colored line is the Jerk oscillator
This is the {EMA} implementation.
~JuniAiko
(=^~^=)v~
MAJESTIC {SMA}The thickest blue line is the Momentum oscillator
The lime colored line is the Acceleration oscillator
The red colored line is the Jerk oscillator
This is the {SMA} implementation.
~JuniAiko
(=^~^=)v~