第11頁 | "rsi divergence"的腳本搜尋結果

Supply and Demand This is a "Supply and Demand" script designed to help traders spot potential levels of supply (resistance) and demand (support) in the market by identifying pivot points from past price action. Differences from Other Scripts: Unlike many pivot point scripts, this one offers a greater degree of customization and flexibility, allowing users to determine how many ranges of pivot points they wish to plot (up to 10), as well as the number of the most recent ranges to display. Furthermore, it allows users to restrict the plotting of pivot points to specific timeframes (15 minutes, 30 minutes, 1 hour, 4 hours, and daily) using a toggle input. This is useful for traders who wish to focus on these popular trading timeframes. This script also uses the color.new function for a more transparent plotting, which is not commonly used in many scripts. How to Use: The script provides two user inputs: "Number of Ranges to Plot (1-10)": This determines how many 10-bar ranges of pivot points the script will calculate and potentially plot. "Number of Last Ranges to Show (1-?)": This determines how many of the most recent ranges will be displayed on the chart. "Limit to specific timeframes?": This is a toggle switch. When turned on, the script only plots pivot points if the current timeframe is one of the following: 15 minutes, 30 minutes, 1 hour, 4 hours, or daily. The pivot points are plotted as circles on the chart, with pivot highs in red and pivot lows in green. The transparency level of these plots can be adjusted in the script. Market and Conditions: This script is versatile and can be used in any market, including Forex, commodities, indices, or cryptocurrencies. It's best used in trending markets where supply and demand levels are more likely to be respected. However, like all technical analysis tools, it's not foolproof and should be used in conjunction with other indicators and analysis techniques to confirm signals and manage risk. A technical analyst, or technician, uses chart patterns and indicators to predict future price movements. The "Supply and Demand" script in question can be an invaluable tool for a technical analyst for the following reasons: Identifying Support and Resistance Levels : The pivot points plotted by this script can act as potential levels of support and resistance. When the price of an asset approaches these pivot points, it might bounce back (in case of support) or retreat (in case of resistance). These levels can be used to set stop-loss and take-profit points. Timeframe Analysis : The ability to limit the plotting of pivot points to specific timeframes is useful for multiple timeframe analysis. For instance, a trader might use a longer timeframe to determine the overall trend and a shorter one to decide the optimal entry and exit points. Customization : The user inputs provided by the script allow a technician to customize the ranges of pivot points according to their unique trading strategy. They can choose the number of ranges to plot and the number of the most recent ranges to display on the chart. Confirmation of Other Indicators : If a pivot point coincides with a signal from another indicator (for instance, a moving average crossover or a relative strength index (RSI) divergence), it could provide further confirmation of that signal, increasing the chances of a successful trade. Transparency in Plots : The use of the color.new function allows for more transparent plotting. This feature can prevent the chart from becoming too cluttered when multiple ranges of pivot points are plotted, making it easier for the analyst to interpret the data. In summary, this script can be used by a technical analyst to pinpoint potential trading opportunities, validate signals from other indicators, and customize the display of pivot points to suit their individual trading style and strategy. Always remember, however, that no single indicator should be used in isolation, and effective risk management strategies should always be employed.

Remove Hodler [5ema]How it inputs: Select the timframe to check. Input the number of bars lookback (or the number of bars corresponding to the selected timeframe) Input the percentage of change of the price during that time. Input the number of shotting bars. Input the symbols want to follow. How it works: Calculate the number of shotting bars on the number bars lookback. Calculate rate of change (with high, low price). How it uses: If the returned result is less than the input values (number shooting bars, the price change percentage). A buy signal will be given. The same calculation applies to the symbols in the input list to monitor and return the results to the table on the chart and send notifications. I reused some functions, made by (i believe that): @everget : The table position function. ©paaax : The RSI divergence function. @QuantNomad : The function calculated value and array to show on table for input symbols. I have commented in my code. Thanks so much! ---- This indicator is for reference only, you need your own method and strategy. If you have any questions, please let me know in the comments.

Relative Derivative A great way to measure the power of buyers and sellers is to look at the rate of change of the price. If the price raises very fast, buyers have the upper hand in the market. If the price drops very fast, sellers are stronger. However, things get interesting when prices start to change at a slower rate. When the rate at which price falls goes to zero, sellers are weak and there tends to be a major uptrend coming. When the rate at which prices move up goes to zero, usually prices fall off a cliff. This decline in rate of change can sometimes be quite hidden and hard to spot. To get a better view on these events, I wrote a simple script that takes the rate of change (derivative) of the price. But taking the derivative alone has a flaw: say, for example, the price of an asset raises form $2 to $4 within 1 bar. This will give us a big rate of change. If we now look at an asset whose price surges from $50 to $100, the rate of change would be even bigger. This is not useful when you're comparing the two assets, because both events would give you a growth of %100 but it's rate of change values differ. To compensate for this, I divided the rate of change by the current price. Also I added an SMA so it's possible to smooth out the signal so spotting patterns will be easier. Patterns to look for: - the RD converges to zero from the upside: buyers get weaker -> price drop - the RD converges to zero from the downside: sellers get weaker -> price rise - all patterns that you would normally look for on the RSI: divergence, support/resistance Always be sure to use this in combination with other indicators so you won't fall for false or vague signals. Thanks for reading and good luck trading everyone!

Relative Derivative by byteboi A great way to measure the power of buyers and sellers is to look at the rate of change of the price. If the price raises very fast, buyers have the upper hand in the market. If the price drops very fast, sellers are stronger. However, things get interesting when prices start to change at a slower rate. When the rate at which price falls goes to zero, sellers are weak and there tends to be a major uptrend coming. When the rate at which prices move up goes to zero, usually prices fall off a cliff. This decline in rate of change can sometimes be quite hidden and hard to spot. To get a better view on these events, I wrote a simple script that takes the rate of change (derivative) of the price. But taking the derivative alone has a flaw: say, for example, the price of an asset raises form $2 to $4 within 1 bar. This will give us a big rate of change. If we now look at an asset whose price surges from $50 to $100, the rate of change would be even bigger. This is not useful when you're comparing the two assets, because both events would give you a growth of 100% but it's rate of change values differ. To compensate for this, I divided the rate of change by the current price. Also I added an SMA so it's possible to smooth out the signal so spotting patterns will be easier. Patterns to look for: - the RD converges to zero from the upside: buyers get weaker -> price drop - the RD converges to zero from the downside: sellers get weaker -> price rise - all patterns that you would normally look for on the RSI: divergence, support/resistance Always be sure to use this in combination with other indicators so you won't fall for false or vague signals. Thanks for reading and good luck trading everyone!