Alright so this is a script I made by combining two existing ones and making a really cool discovery that has proven very useful. You'll notice that there are two separate oscillators that are laid on top of each other. The background oscillator is my "Tip-and-Dip" oscillator which you can see here (will refer to this as TnD from here), and the foreground...
I have developed this custom indicator very loosely based on the Sector Rotation Model (Giorgos E. Siligardos. Technical Analysis of Stocks & Commodities, August 2012) and I called it the MRI because this is essentially a brain scan of any particular stock. This will not only tell you when a stock is breaking out over the market at large but also how the stock is...
In July 1996 Futures magazine, E. Marshall Wall introduces the Dynamic Momentum Oscillator (Dynamo). Please refer to this article for interpretation. The Dynamo oscillator is a normalizing function that adjusts the values of a standard oscillator for trendiness by taking the difference between the value of the oscillator and a moving average of the oscillator and...
First script ever publish. It is a very simple trend indicator based on EMAs and Heikin Ashi .
This script is based on the concept of Robert Miner Book "High Probabilities Strategies" This script shows at the same time two timeframes and the overlapping area. The green and red area shows the higher time frame period just as Robert Miner did this in his videos. Because Robert Miner just says: 8.. 13.. 21.. i used this also as type for the setup. This is...
A momentum indicator that uses the highest and lowest values for price in three different lookback lengths to find the performance relative to three timeframes. - The yellow line is the product of the price performance in three different timeframes. - The red line is 200 EMA of the performance. - The blue columns represent the same calculation or the volume(OBV...
Description: Strategy uses the Nimblr advice. It display the momentum candle with diamond on top of the candle. Candle Height= High-Low Body Height=Open- close Criteria: Candle height=100% And body Height >50% NSE:NIFTY
A new momentum oscillator. I uploaded this previously but it got deleted I believe because apparently my chart was too cluttered. Hopefully this is good enough... made some updates as well since then. What you have is six (!) momentum oscillators that can be weighed together however you please. They are centered on 0 with a fill so its also easy to overlay them...
This is an indicator based on the MA rainbow concept. It is possible to choose between 15 or 20 MA's and if all 15 MA's is picked, the calculation will be calculated on 15 MA's and if 20 is picked the calculation is calculated on 20 MA's. The indicator will then be a line which is assigned a value from the calculation based on the MA's. If the line is above the...
Average daily return over the period 2-12 months ago minus the average daily return over the period 1-5 years ago => a higher return 2-12 months ago indicates a higher return in coming months according to research, because of the momentum risk factor premium => a higher return 1-5 years ago indicates a lower return in coming months according to research, because...
Application of the TTM squeeze and the short-term momentum TTM Wave A in action. This is an example where the short-term wave will react faster than the TTM to give you a signal to start building your positions. This indicator needs to be combined with "TTM Wave A" (add to existing pane). The TTM Squeeze works like a better MACD. There is a zeroline and...
Application of the TTM squeeze and the short-term momentum TTM Wave A in action. This is an example where the short-term wave will react faster than the TTM to give you a signal to start building your positions. This indicator needs to be combined with "TMO with TTM Squeeze" (add to existing pane). The TTM Squeeze works like a better MACD. There is a zeroline...
What is EffDI? Effective Divergence Indicator(EffDI) is a modified Momentum indicator designed to detect divergences in stocks, futures, forex, and crypto, just to name a few. How does it work? It uses the EMA of daily velocity. Isn't this the same as Momentum No. Momentum compares the price x days ago, while this takes the EMA of the daily velocity. ...
Composite Index by Constance Brown mixed with built-ins Divergence Indicator useful indicator to find divergence this script find divergence automatically for you
Adaptive Ultra-Smooth Momentum indicator The Cycle-Swing-Indicator "CSI" provides an optimized "momentum" oscillator based on the current dominant cycle by looking at the swing of the dominant cycle instead of the raw source momentum. Offering the following improvements: Smoothness Zero delay Sharpness at turning points Robust and adaptable to market...
RSI output signals are displayed with color change to reflect the plotted value. This makes evaluating RSI conditions require but a glance. RSI momentum buy signals are given on the cross of the 50 level, whereas sell signals are given on a fall below. Default values a 5 period RSI which gives more timely entrances and exits for swing traders. This can be...
This script is intended to help the viewer identify potential turning points with momentum "headwinds" or "tailwinds" with a visual que at the bar level. The presence of arrows indicates that the TSI indicator is either "curling" up under the signal line, or "curling" down over the signal line. This can help to anticipate reversals, or moves in favor of trend...