The provided Pine Script combines Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) indicators into a single overlay indicator. Users can adjust parameters such as lengths and smoothing for both indicators. It visualizes RSI, MACD, and their respective signals, with alerts for MACD histogram changes.
Modified Binance Altcoin Basis Indicator; works by taking the basis between various altcoin perpetual futures contracts and spot market indexes on Binance, and then smooths out the data with a basic moving average. The result is a useful oscillator that shows potential "buy" and "sell" areas. Simply put, a spot premium is usually bullish and a derivatives...
Indicator for monitoring trends in stocks and ETFs. The strategies indicated for this are: Buy and Hold or DCA Cash Secured Puts Covered Calls Spread Ratio Jade Lizards Poor's Man Covered Call Long Call (LEAPS) Conditions or filters Weekly Trend: 13-week EMA above 26-week EMA Daily trend: 50 EMA above 200 Swing Trend: 20 EMA above 50 ...
Candles get colored according to the % move from their entry to their close and it prints buy/sell signals when rsi is at key levels of interest. Intended to be used on the weekly chart of bitcoin but can be tuned to other timeframes or assets by going into the code and changing the minimum % move and RSI levels to print a signal. Buy and sell signals have...
John Ehlers 'Fisherized' Relative Vigor Index (RVI) from his classic book Cybernetic Analysis of Stocks and Futures.
🔵 Introduction 🟣 Understanding Divergence As mentioned, divergence occurs in technical analysis when a stock's price behaves contrary to indicators on the price chart. Divergence can signify either a reversal of the stock's trend or a continuation of the previous trend correction. Divergences can act as reversal patterns or continuation patterns. Moreover,...
Find good buy and sell opportunities for long term holdings.
The MACD on RSI indicator combines elements of the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI). It calculates the RSI on a specified source with a customizable length, then applies two exponential moving averages (EMAs) to the RSI values. The difference between these EMAs forms the MACD line, visually representing the...
The RSI calculated using a length of 14 bars on the closing prices. Entry Condition: If the RSI crosses below threshold 30, a long position is entered. The entry price and stop loss price are recorded based on the current close price and the defined stop loss percentage. Exit Condition: If a long position is open and the close price falls below the stop loss...
Market Focus: Highly volatile markets (e.g., cryptocurrency). Optimal Timeframes: 1m, 5m, 15m; adaptable for intraday trading. Tested Pairs: BTCUSDT (default), ETHUSDT, SOLUSDT. Key Components: EMA (200-period): Identifies the market trend. A close above EMA signals potential long entries, while a close below indicates short opportunities. RSI (9-period):...
Relative Strength Index (RSI) The Relative Strength Index (RSI) is a popular momentum oscillator used in technical analysis to measure the speed and change of price movements. Developed by J. Welles Wilder, the RSI is calculated using the average gains and losses over a specified period, typically 14 days. Here's how it works: Description and...
Introducing the Adaptive Schaff Trend Cycle by AlgoAlpha: Elevate Your Trading Strategies 🚀 Discover precision and adaptability with the Adaptive Schaff Trend Cycle 🎯, meticulously crafted for traders seeking an edge in the markets. This advanced tool integrates sophisticated algorithms to offer clear insights and real-time analytics 📈. Key Features: ...
LSMA Z-Score Main Features and Use in the Trading Strategy - The indicator normalizes the LSMA into a detrended Z-Score, creating an oscillator with standard deviation levels to indicate trend strength. - Adaptive coloring highlights the rate of change and potential reversals, with different colors for positive and negative changes above and below the...
**Use the comments section below to request access to the script** Market Trends need to be confirmed each and every time. Over the years the Money Flow Index has been a tool to find where the money is flowing either long or short in market movements. Long confirmation and false short Confirming a long entry: 1. Wait for price to close above a previous swing...
Introduction: The Z Score & Trend Following indicator is a tool used in financial markets to assess the standard deviation of a data point from its mean value over a specified period. It calculates the Z score, which is a measure of how many standard deviations an element is from the mean. This indicator also incorporates trend-following characteristics, allowing...
This indicator generalises the idea of MACD to take any arbitrary series available on the chart, using input.source values . To provide an overview of the MACD indicator: You have two EMAs, one with a faster period, usually 12, another with a slower period, usually 26. You calculate a MACD line, by doing (fastEMA - slowEMA) You then calculate a Signal...
MOST is applied on this RSI moving average with an extra default option added VAR/VIDYA (Variable Index Dynamic Moving Average) MOST added on RSI has a Moving Average of RSI and a trailing percent stop level of the Moving Average that can be adjusted by changing the length of the MA and %percent of the stop level. BUY SIGNAL when the Moving Average Line crosses...
This script is a comprehensive trading indicator named "Hull AMA Signals", which combines AMA and HSO by LuxAlgo and ther video based strategy techniques to provide buy (long) and sell (short) signals. It overlays directly on the price chart, offering a dynamic and visually intuitive trading aid. The core components of this indicator are Adaptive Moving Averages...