Visual RSI offers a different way of looking at RSI by providing a composite representation of 9 different RSI-generated components. Instead of focusing on one line only, this approach blends multiple sources to provide the viewer with a larger context RSI-based picture.
For those who don’t want to read
• Green in bullish (>50) zone is the most bullish.
This script will give you red/green columns to indicate if price is above or below a certain EMA. With Candlestick charting, we are looking for price in relation to the 8 ema Trigger Line (T-Line). You can adjust this indicator to fit your need. Simple, but nice to quickly see.
Oops. Last line's title should be "Sell". Doesn't affect display though.
I don't expect to iterate any further on this script, unless any weird issue crops up.
Description and usage detailed in the comments at the top of the script. Cheers!
To repaint or not to repaint, all the relevant sources are exposed as inputs for customisation - so the choice is yours.
7 different types of moving averages (5 different lengths of each) compared to a base moving average. Base moving average can be configured to be a slew of different types of moving averages (credit to @mortdiggiddy for the code) and have a custom length.
Red = base moving average is over other moving average (bearish)
Green = base moving average is under other...
This indicator evaluates the trend based on crosses of two McGinley moving averages. It paints candles accordingly (it does not repaint), so you can see what the indicator is saying more clearly and stay in your trade until you see a period of consolidation or a reversal. You can control how far away those moving averages need to be for you to consider it a trend....
7 hours ago
Hello friends. This is simply a moving average ribbon, per se. The values for the colored ribbon can have their length calculated to fit their chosen resolution on the current one. This solved problems for me, but it was my own solution. Maybe I'll learn something new from sharing this.
To everybody else who is learning as well, this script...
Simply put, MA(X) + Forecasting is a moving average cross visualizer which allows the end-user to enter two user defined moving averages, each with their own length, source, and type, to create the visualized ribbon, as well as the option for an additional three separate moving averages, all with their own length, source, and type enabling MA(X) the flexibility to...
Everything you see in this indicator has beed designed with purpose to ease your trading with visual technical analysis of the market. It pulls data from 7 different TimeFrames and it can not be more simpler visual representation of its calculations when applied on chart.
When applied on chart, you will see two sets of...
Everything you see in this indicator has been designed with a single purpose, to ease your trading with simplify visual technical analysis of the market. It pulls data from 7 different TimeFrames and it can not be more simpler visual representation of its calculations when applied on chart.
When applied on chart, you...
The most common question I receive is what my candle color is based on. It's based on the MACD ema's 12 and 26. It reflects momentum.
I've decided to release it for free access so you no longer have to ask, you can simply use it and see what I see. I've also built in the ability to see different timeframes.
This is not an indicator meant for buys or sells....
Here are the visuals we had included with previous versions of MG (and since removed)
Price-Tracking Fibs - S/R
Price-Tracking Pivots - S/R
This is a free add-on for users and non-users to use. Enjoy!
Green Candle: represents Uptrend
Red Candle: represents Downtrend
Please be sure to check for future...
Bullish cross = green "^"
Bearish cross = red "x"
Golden cross (50EMA > 200EMA) = Golden circle
Death cross (50EMA < 200EMA) = Red circle
Bullish Wick through support = Gold candle
Bearish Wick through resistance = Purple candle
1st candle to open and close above EMA/MA
marked by "*" above candle, colour...
Momentum Oscillator derived from RSI.
Indicator concept for now have simple visualization of momentum slopes and decay,experimental divergences, horizontal bands for overbought/oversold conditions.
By leaving/touching horizontal band or stimulated by divergence, oscillator show enough generated momentum to help capture multiple moves in a row.
Will be updated
Finally, another gadget for the cooltoyz series :)
this is a simple tool to allow vizualizing bollinger bands with several values/levels. usually boll bands have the levels at 1.5, 2, 3, for multiplier of standadrd deviations. but, just changing those values, we can apply fibbonnaci levels to the bands.
The inputs on this indicator come with fib levels by...
Access two chart resolutions and/or securities with crystal clarity. Have your one minute candles built right into your one hour candles, or whatever other combinations you'd like. Use "Fade Mode" to accentuate low res candles when zoomed out and mute them when zoomed in. Choose any security/exchange and any resolution.
If you'd like to plug this concept into...