Quasi White Noise script. An experimental approach to implement a white noise using Pine Script. Uses Connors RSI under the hood. en.wikipedia.org
The strategy is based on LazyBear's Elder Impulse System Strategy(in layman terms): Long: When the green bar in the Elder Impulse System's indicator shows up Short: When the red bar in the Elder Impulse System's indicator shows up Close trade/Profit booking: When the blue...
The idea is to see Elder's force index smoothed EMA in different time frame simultaneously. Default intervals are (2) and (13) Base on samuel16 script.
An experimental indicator based on the Stochastic + Connors RSI binding
This script is the same as Williams %R except that on green days we plot green and red on red days. If a bar opens and closes the same, we plot black.
Created by request. Description: This study is an implementation of the Standard TRIX indicator (a momentum oscillator), shown in coloured histogram format by default, with optional Bar colouring of TRIX zero cross overs. Other options include showing TRIX as a line graph instead of histogram and an optional TRIX signal line with difference histogram (to...
This is a pretty straightforward script that adds alerts to Pekipek's excellent PPO Divergence indicator and changes the visuals a bit. You can have the alerts fire on these events: Purple Circle (bullish signal) Orange Circle (bearish signal) Green Dot (High Point) Red Dot (Low Point) I use this on daily Forex charts to get alerts when purple or orange dots...
LazyBear's wavetrend oscillator enhanced with wavetrend cross visualization on the indicator as well as with bar color highlights.
The DecisionPoint Price Momentum Oscillator (PMO) is an oscillator based on a Rate of Change calculation that is smoothed twice with custom exponential moving averages. Because the PMO is normalized, it can also be used as a relative strength tool. PMO can be used in many ways: - PMO can be used to determine the OB/OS state. While the +2.5 to -2.5 is the usual...
Bored of Ehlers yet? :) I still have plenty of Ehlers in my collection, was thinking of publishing one of his Fishers or Adaptive RVI next, but @ChartArt requested Smoothed Adaptive Momentum (SAM), so here we go... This is my 200th script (not including the variations and other custom scripts I shared over PM). My complete list of indicators here - bit.ly Now,...
This oscillator is derived from Absolute Strength Index, originally developed by Tudor Marcelin (Art Invest). I made it an oscillator mainly to make it easy to identify the divergences and price-flows. There is not much documentation available online for Absolute Strength Index afaik, lets hope Mr.Tudor comes across this and provides us a detailed writeup...
This is a composite oscillator derived from modified 5/10/20 Chande's Dynamic Momentum Index values. Volatility is factored in, by design. Look for OB/OS extremes and divergences. I added the green/red ribbon look to make it easy to read :) More info: www.investopedia.com List of my public indicators: bit.ly List of my app-store indicators: ...
This is a modified version of a public Amibroker indicator, called Firefly. I disabled the additional smoothing (you can enable it via options page) and updated the visual rendering (simple 3D look, histo, bar colors et al). Also, have added an option to show enclosing BB. You can trade this like any other oscillator -- 80/20 OB/OS levels, divergences,...
--- Update April 11, 2015 ---- I have merged in @TheMighyChicken's code (Thanks!) and added some more options. Updated source here - pastebin.com Changes: -------------- - Switch between plain candles and colored oscillator candles. - Switch between candles and plain oscillator view. --- Original Description --- Belkhayate Timing, by Mostafa...
This is a replica of TTM Wave A B C. The ABC Waves are comprised of various moving averages and oscillators (MACD) used to visualize the overall strength and direction of a given market across multiple time frames. The “A Wave” measures short term relative strength and direction of a market, the “C Wave” measures longer term strength and the “B Wave” plots the...
Developed by Sherman and Marian McClellan, the McClellan Oscillator is a breadth indicator derived from Net Advances, the number of advancing issues less the number of declining issues. Subtracting the 39-day exponential moving average of Net Advances from the 19-day exponential moving average of Net Advances forms the oscillator. As the formula reveals, the...
Oscillator used by Linda Bradford Raschke. Basicly it's a MACD with 3/10/16 settings but without the histogram (difference between fast and slow line), instead the shown histogram is based on the fastline (green bars = fastline above zero). The color of the lines will tell you if the line is falling (red) or rising (green). In terms of setups dont just buy or...