This indicator can apply my previous indicator, Historical and Standard Stochastic, to Money Flow (ADMF) or Absolute Strength Index (ASI) or both at the same time. It can also display those two indicators in regular mode as well as showing visual cues when the indicators make new ATH or ATL. ASI is basically a new name I am giving to my Gain/Loss Moving Average...
This Indicator plots Regular and Hidden Divergences lines for an RSI smoothed by an EMA and for its Signal Line The RSI can be set to change colour with direction or can be set as single colour Colour Changing RSI helps when trading Multiple Timeframes as you can look for confluence in the direction of RSI The divergence script is thanks to @RicardoSantos, I've...
The Kijun-Sen Strength Analyzer 基準線 is included in the Richimoku Traiding System. The Kijun-Sen Strength Analyzer (Indentify divergences. Know First. Act Faster. A must-have for every Ichimoku trader) *As some indicators you may come across are using the repainting mode (which consists in correcting the false signal back in time). You'll never see such thing...
I am always checking RSI on 1hr, 4Hr and Day RSI. Having to switch is annoying so wrote this little script to show RSI on upto 5 time frames. The green bold line is the current time frame, and you can change the other 4 to what you prefer. If one time frame is over sold or overbought you can change the back to indicated a buy or sell etc. Anyway thought I would...
Code written by Krishna Khanna on 20/11/2017 includes the following components for NimblrTA 1) Logic for detection of strength candles, only displayed candles are of strength (BH>50%CH) 2) Wicks are not considered 3) Any Gaps are indicated with a arrow, can detect gapup and gapdown This indicator is apt for small screen devices
View multiple-timeframe RSIs in a single interval. All RSI lines stay the same no matter your preference to trade in 15m, 1h, 3h…. etc. Default RSI length is 7 (can be changed in the format settings) All RSIs are smoothed out in default (can be changed in the format settings) Line colors 5m RSI - white (disabled in default) 15m RSI - Lime (disabled in...
*** Only works for the 28 pairs of the majors & 'major crosses' tickers, this will not provide analysis for anything else!!*** AUD / CAD / CHF / EUR / GBP / JPY / NZD / USD - mix and match.
I present you my last indicator. A volume indicator that indicates overbought and oversold based on the rsi, I chose the rsi because the most used surment, this indicator allows you to identify the overbought and oversold areas of the rsi with the colors blue (oversold) and orange (overbought ) on the volume indicator! Hoping that you are useful
Relative strength is a ratio between two assets, most often a stock and a market average (index). This implementation uses the method described here and the second method described here to calculate its value: "To calculate the relative strength of a particular stock, divide the percentage change over some time period by the percentage change of a particular...
This indicator is based on true strength indicator with wave trend oscillator. Disclaimer: All the signals it is giving is based on the market movements only. I am not responsible for your PNL if you follow this indicator. *Caution: Beta version
One of the indicators in the "Trend Buddy" suite. This indicator plots the oscillator at the bottom of the chart and colors the candles according to trend strength. The oscillator can be used to identify divergence in several ways If price is moving one way and the oscillator another, it can mean that the trend is gearing up to change. Example: above, in...
Uses a short moving average and Heikin Ashi price action for strength measurement. Enjoy. Heikin Ashi candles only!
Is Price Action Higher or Lower on STRONG or WEAK VOLUME from lookback (Strong or Weak Bulls // Strong or Weak Bears) Candles / Bars Indicate the Following (default 13 period lookback / Length) MAROON Bear Candle with STRONG VOLUME more than 150% of the lookback / length (13 default), STRONG Bear Candle Confirmed With Volume RED Bear Candle while VOLUME is...
The scope of this script is to measure momentum and strenght of EURO and DOLLAR using their indexes. Forza (line) above 0 means EURO is stonger than DOLLAR Momento (histogram) above 0 means EURO has a positive momentum against DOLLAR The added value to see MACD and RSI directly on EURUSD chart is that indexes consider also other pairs so their RSI and MACD has a...
Range Action Verification Index (RAVI) indicator script. This indicator was originally developed by Tushar Chande (see his book "Beyond Technical Analysis: How to Develop and Implement a Winning Trading System").
Trend Trigger Factor indicator script. This indicator was originally developed by M. H. Pee (Stocks & Commodities V.22:12 (28-36): Trend Trigger Factor).
This indicator is meant as a means to assess the significance ("strength") of a Moving Average , in other words how likely it is that price action is going to find support or resistance at the MA. How it works When the high or low of a candle is within the band around the MA defined by the "fuzziness" parameter, the significance of the MA increases...
Relative Spread Strength indicator script. This indicator was originally developed by Ian Copsey (Stocks & Commodities V. 24:10 (16-23): Forex Focus).