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Oscillators

How to detect the active cycle length?This is a short tutorial on how to use the Detrended Rhythm Oscillator (DRO) to identify the current dominant cycle. The Detrended Rhythm Oscillator is an advanced Detrended Price Oscillator DPO which helps to spot the key market rhythm or beat for any symbol on any timeframe. It automatically labels the length of current market high-high and low-low pivots which helps to see cycle harmonics and relations. The output should be used as input setting for almost all technical indicators which require and "length" settings for the calculation. Using this length setting based on the dominant market rhythm will help to ensure better accuracy to your indicators at turning points. The indicators get synced to the beat of the market. The indicator is available as Public Open Source Script for your own usage:
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BEducation
by StockMarketCycles
89
Not sold on the good news. I'm just not. Until... Here's why!DISCLAIMER: Trading Forex/Cryptocurrency involves risk and you may lose more money than you started with! These posts are not to be taken as financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past performance is NOT indicative of future results. Please, know how much you are willing to risk on EVERY trade that you take and be SMART! Simplify your trading. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you!
by Simple_Renko
3
RSI: Is it any good?RSI is the most popular indicator, according to TradingView. So why does it test like garbage? I show you backtest results using several RSI strategies: Crossunder from overbought/crossover from oversold (the default RSI strategy provided by TradingView and suggested by Wilder) RSI + EMA 200: is RSI profitable with the trend? RSI + ADX: is RSI profitable in sideways markets? RSI + Divergences: can RSI with divergences find turning points in the market? EMA fun fact: we use EMA's today because the previous generations of traders didn't even have calculators. EMA's aren't any better than other moving averages, but they are much easier to calculate by hand. Questions/comments welcome.
NYSE:OISEducation
by gregoirejohnb
Bitcoin Analysis Near TermHi all, Here is a brief analysis of bitcoin in the Near Term time frame. Shortly, I will also post an analysis of short term time frames. On the larger time frames included in this video (3 day and 4 day) I am quite bullish as long as nothing dramatically changes in the lower time frames. If you are interested in using the indicators in this video yourself, look up WyckoffMode and the indicator names are Bollinger Bands (badass B-Bands) and Phoenix Ascending 2.201. The more videos I make the more in depth we will get about the indicators. It will be easier to show you the relationships in live time opposed to backtesting etc. In summary, in the long term bitcoin looks very bullish, in the short term (1 day) it looks as though we may be putting in a lower high given that the green is below the energy and appears to be heading back down. I will follow up with a shorter term analysis. Best, Brad
KRAKEN:BTCUSD
by Brad_Perkins
RSI (Relative Strength Index)RSI = Relative Strength Index Is fluctuates between 0 and 100 • A momentum Oscillator • Increasing RSI when: Average gains are greater than average losses = Bullish • Decreasing RSI when: Average gains are less than average losses = Bearish How to use: 1. Trend recognition: trading in the direction of the trend 1.1 Above 50: Uptrend 1.2 Below 50: Downtrend 2 Overbought and oversold entry signals. 2.1 In an uptrend look for oversold areas and open a long trade after the pullback above 30. 2.2 In a downtrend look for overbought areas and open a short trade after the pullback below 70.
BITSTAMP:BTCUSDEducation
by apadanaforex
How to set the RIGHT Stop loss!Hey hey traders!! Setting the "right" stop loss is a vital skill, yet for many traders... its a random act. This video will help you find stcutrue in setting the right stop loss, a stop loss that has the best chance of not being hit and allowing your trade to workout! For us that comes down to basics: 1. Use the ATR value 2. Enter only via the fibs (definite entry) and by following this process we have achieved great things so far, even increased our win ration by a solid 12% in February (since we added it) If you have questions, feel free to ask! All the best and good luck trading!
Education
by PrimedGroup
ETH update: Less bearish, still going to correctI still believe Ethereum will correct sharply for a few weeks but I reconfigured my drawings and adjusted my correction estimate. I have a potential top at $2200 Then I have decent support/ potential bottom in the high $1400's I now have $1280 as a potential bottom instead of $850-900 I admit it's possible I'm not bullish enough but 3-5 week price consolidations with a 40% crash are not unusual in crypto bull markets and I wouldn't panic if it happens, I would buy more. The more you look at crypto charts from previous cycles/runs the more you slap yourself for not recognizing and trading identical pattern repetitions, so I have learned to look for history repeating.
BITSTAMP:ETHUSDShort
by RickSmash
8
Price Oscillator StrategyThe 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. Strategy: Only go long in an uptrend. Only go short in a downtrend Uptrend strategy: Look for an oversold situation to open a buy position. Close when get to overbought then close some more when crossing back to the zero line. Downtrend strategy: Look for an overbought situation to open a sell position. Close when get to oversold then close some more when crossing back to the zero line.
Education
by apadanaforex
2