The Price Oscillator uses two moving averages.
✔ One shorter-period, and one longer-period.
✔ When 2 MAs cross each other the PO reads 0.
The Price Oscillator technical indicator can show overbought and oversold areas.
Only go long in an uptrend.
Only go short in a downtrend
Uptrend strategy: Look for an oversold situation to open a buy position....
Note: A prerequisite tutorial about trends is posted in the related links below.
Oscillators can be a very useful indicators in trading if used correctly. However misusing them will only return disappointing results.
Some of the most popular examples of oscillators are the stochastics, and relative strength index . I will use stochastic in this tutorial, but...
You need to read the tutorial first before this post. Here is the tutorial :
This is an example of how to apply the concepts I explained in the oscillators tutorials.
I have numbered the text boxes so that you read them in the correct sequence. Start from the...
My bread and butter is RSI and MACD divergence, I cannot look at 15 charts or more at the same time so I use alerts with those.
But I know to trust my own judgement over what some indicator tells me.
In these examples, and I could show countless more, what eyes tell us is what is right, not what the oscillators tell us. Yes, I know, I am comparing 2 different...
A unique indicator displaying many oscillators with a multi-timeframes and regular/hidden divergences options for all oscillators below
2. MACD ZERO LAG
6. STOCHASTIC RSI
7. TRUE STRENGTH INDEX
8. CANDLE MOMENTUM OSCILLATOR
9. VORTEX INDICATOR
10. COMMODITY CHANNEL INDEX
11. RATE OF CHANGE
☔ Safe crossing mode...
I continue describing oscillators developed by Thomas DeMark.
In my previous articles, I have already explained such tools as
TD REI and TD POQ (look here ).
In this post I’ll continue describing technical tools developed by Thomas DeMark.
TD DeMarker I
I’d like to start with the TD DeMarker I indicator. It is similar to TD REI and aims to...
OSCAR Oscillator by GenZai
Green line is the Oscar Rough
Red line is the Oscar
By default based on the 8 last candles and smoothed using RMA
Purple line is the Slow Oscar
By default based on the 16 last candles and smoothed using WMA
HOW TO USE
This indicator can be used as an exit indicator when line cross each other.
The Awesome Oscillator (AO) is displayed as a histogram showing the market momentum based on a comparison of the simple moving average (SMA) of the last 5 price bars median to the simple moving average of the last 34 price bars median.
MEDIAN PRICE = (HIGH+LOW)/2
AO = SMA(MEDIAN PRICE, 5)-SMA(MEDIAN PRICE, 34)
When the momentum of the past 5 bars is weak...
DIFFERENTIAL FUSIONGAPS (DFG):
Currently showing the BTCUSD (1M) chart, with only the 50/15 DMA FG oscillator shown.
The y-axis for the FG and DFG charts are both set to log-scale simply to allow comparison with historical behavior here.
Link to indicator
Link to sister indicator
Early warning alerts
-Fixed missing alerts
-Added possibility to alert if more than X number of oscillators have a similar divergence
Hidden Bearish Divergence on any Selected Oscillator
Hidden Bearish Divergence Developing on any Selected Oscillator
Regular Bearish Divergence on any...
For someone that wishes to get an edge using technical indicators, which ones would be some of the best ones to have into your arsenal?
To answer that question I will look at which ones are the most popular, I am only looking at oscillators here, overlays are not used that much (not talking about moving averages).
First of all I tried looking at what hedge funds...
Fully blind signal charting followup for Waves+, BTCUSD 4h.
All horizontal lines/signals were plotted with the candlestick chart hidden and not visible. Additionally, this time, all directional trades and exits were determined with the chart hidden.
Additional signal explanation and rationale is detailed in yellow text, annotated on the...
I've decided to continue exploring various instruments. Today we'll talk about Stochastic oscillator. But before we start, I have an important message for you. Using indicators with their default settings will not yield good results. I try to tell you not only about basis but about different specificities of each instrument. That will make your...
If you're here on TradingView, it's probably because you believe that charts and technical analysis can give you an edge in the trading of currencies, metals, cryptocurrencies, and stocks. Granted, sometimes technical analysis doesn't work, but it works often enough to keep hundreds thousands of traders coming back here day after day. The larger...
Rune has has a massive run this season. Just holding would have brought you 1763% in the past year. We present a strategy based on just ONE indicator that beat that. The indicator is The Chande Momentum Oscillator (CMO) a technical momentum indicator that gets less attention that others much more popular. You should at least consider it as this RUNE strategy based...
Hello guys, in the Daily chart of Bitcoin after last candle close, recently something bullish happened, short term 5 Moving average crossed long term 20 Moving average. MACD is also supporting the further upward movement in the daily chart. this is a bullish signal in an uptrend. this is one of my swing trading strategies in Bitcoin market. I'll go long with a low...