color coded RSI that looks at larger time frame RSIs for confirmation (2 times and 4 times the selected RSI length).
Same concept as Bollinger Bands Width % applied to Hull Bands.
EXPERIMENTAL: Bull and Bear power based on linear regression (this is a non lagging oscillator, the parameter are for the lookup window for the donchian extremes) this indicator can also be used for convergence/divergence.
Price Overlay for Multiple Method Choice Divergence Detection:
Plots the %D line of a Stochastic Oscillator calculated from the RSI of close of length 14. Red Sell Zone above 80, candles paint red Green Buy Zone below 20, candles paint green
ADX Smoothing Trend Color Change on Moving Average and ADX Cross. Use on Hourly Charts - Green UpTrend - Red DownTrend - Black Choppy No Trend
Thank You Richard Santos!!! This is a great indicator guys.Its good for measuring divergence in an objective way. The idea is to measure the high to high and the low to low (stock vs. indicator) with the low to high and high to low (stock vs. indicator). This is the basis of divergence. I love this one. I would also add you can draw angles on the indicator...
RSI, EMA of RSI, EMA of RSI's EMA, and Stochastic. V2 added Price Bar Coloring. Buy when Orange or Green, Sell when Yellow or Red.
This indicator displays the distance in percentage between the highest and lowest points in a given period of time, compares them and determines which side has more dominance.
This study spots the points that are most profitable in the trend with a code color and shape. This also shows trend divergences and possible reversal or reentry points Keeping the parameters simple, this study only needs one parameter, the length of the base moving average, which by default is set to 34. There are seven colors used for the study Green :...
BUY & SELL PRICE TO VOLUME PRESSURE By Ricardo M Arjona @XeL_Arjona DISCLAIMER: The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets. The embedded code and ideas within this...
BUY & SELL PRICE TO VOLUME PRESSURE By Ricardo M Arjona @XeL_Arjona DISCLAIMER: The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets. The embedded code and ideas within this...
BUY & SELL PRICE TO VOLUME PRESSURE By Ricardo M Arjona @XeL_Arjona DISCLAIMER: The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets. The embedded code and ideas within this...
Sniper Stochastics is a triple stochastic system. Basically, watch the 20 and 80 crossovers. However, the settings of the three stochastics correspond to Fibonacci numbers 55, 89, and 144. Since we have a fast, medium and slow speed stochastics; we can also watch the crossovers. I have found that When the Red (144) is on top, it usually signals a turn...
Update: added midline, changed some OB/OS lines color.
EXPERIMENTAL: candle version for a RSI script i did for JR.