Introducing the Reverse PMAR & PMARP Concept The PMAR/PMARP is an indicator which calculates : The ratio between a chosen source price and a user defined moving average ( Price Moving Average Ratio ). The percentile of the PMAR over an adjustable lookback period ( Price Moving Average Ratio Percentile ). Here I have reverse engineered the PMAR / PMARP...
I'm a big fan of The_Caretaker's BBWP and wanted to add it as a volatility indicator to some of my scripts, but since it is over 100 lines of code (plus spacing and comments) I wanted to find if there was a simpler way to get comparable results. SBBWP uses Pine 5 built in functions that I don't believe were available when The_Caretaker wrote BBPW. The main...
Introduction The Reverse Cutlers Relative Strength Index (RCRSI) OC is an indicator which tells the user what price is required to give a particular Cutlers Relative Strength Index ( RSI ) value, or cross its Moving Average (MA) signal line. Overview Background & Credits: The relative strength index ( RSI ) is a momentum indicator used in technical analysis...
Introduction The Reverse Cutlers Relative Strength Index (RCRSI) is an indicator which tells the user what price is required to give a particular Cutlers Relative Strength Index (RSI) value, or cross its Moving Average (MA) signal line. Overview Background & Credits: The relative strength index (RSI) is a momentum indicator used in technical analysis that...
Introducing the Price Moving Average Ratio & Percentile indicator A simple indicator which calculates : The ratio between a chosen source price and a user defined moving average ( PMAR ) or The percentile of the ratio between the chosen source price and a user defined moving average over an adjustable lookback period ( PMARP ) It then displays either the...
Introducing the Bollinger Band Width Percentile Definitions : Bollinger Band Width Percentile is derived from the Bollinger Band Width indicator. It shows the percentage of bars over a specified lookback period that the Bollinger Band Width was less than the current Bollinger Band Width. Bollinger Band Width is derived from the Bollinger Bands®...
Introducing the Bollinger Band Calculation Tool What are Bollinger Bands ? According to Investopedia .... "In the 1980s, John Bollinger, a long-time technician of the markets, developed the technique of using a moving average with two trading bands above and below it. Unlike a percentage calculation from a normal moving average, Bollinger Bands® simply add...
Introducing the Reverse Stochastic Momentum Index "On Chart" version According to Investopedia : “The Stochastic Momentum Index (SMI) is a more refined version of the stochastic oscillator, employing a wider range of values and having a higher sensitivity to closing prices.” The SMI is considered a refinement of the stochastic oscillator developed by William...
Introducing the Reverse MACD Cross MACD.... short for moving average convergence/divergence, is a trading indicator used in technical analysis of stock prices, created by Gerald Appel in the late 1970s. It is designed to reveal changes in the strength, direction, momentum, and duration of a trend in a stock's price. Prior work by Johny Dough showed how we can...
Introducing Krown Moving Averages with Crossover levels. This indicator Plots 5 Ema's and 3 SMA's ( Default Krown Periods ) It calculates the price levels at which each pair of moving averages would be equal . That means that if price closes the other side of that level the pair of moving will cross also. These levels can therefore be considered as "...
Introducing the Anticipated Simple Moving Average Crossover Indicator This is my Pinescript implementation of the Anticipated Simple Moving Average Crossover Indicator Much respect to the original creator of this idea Dimitris Tsokakis This indicator removes one bar of lag from simple moving average crossover signals with a high degree of accuracy to give a...