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Centered Oscillators

Uber Dank CCI + Captain Beefheart Bollinger Bands ExtraordinareIntroducing, the Uber Dank CCI + Captain Beefheart Bollinger Bands Extraordinaire Its bollinger bands, CCI and CCI Bollinger Bands all in one. The color of the CCI shows the condition of the bollinger band on chart. Close > upper band = red Close > basis = yellow Close < basis = blue Close < lower band = green Then a bollinger band is printed on the CCI itself, The background color displays the condition of the CCI bollinger band by the same logic as the CCI color. CCI > upper band = red CCI > basis = yellow CCI < basis = blue CCI < lower band = green The exclamation marks tell you when the conditions are coming to an end. They check the last two bars to see if both the CCI and the closing price are under their bollinger bands at the same time for at least one of those bars, and they check the current bar that at least one of those conditions has ended. That is why they will most often print two exclamation marks in a row.
Pine Script™ indicator
by burgercrisis
2
Detrended Rhythm Oscillator (DRO)How to detect the current "market beat" or market cycle? A common way to capture the current dominant cycle length is to detrend the price and look for common rhythms in the detrended series. A common approach is to use a Detrended Price Oscillator (DPO). This is done in order to identify and isolate short-term cycles. A basic DPO description can be found here: www.tradingview.com Improvements to the standard DPO The main purpose of the standard DPO is to analyze historical data in order to observe cycle's in a market's movement. DPO can give the technical analyst a better sense of a cycle's typical high/low range as well as its duration. However, you need to manually try to "see" tops and bottoms on the detrended price and measure manually the distance from low-low or high-high in order to derive a possible cycle length. Therefore, I added the following improvements: 1) Using a DPO to detrend the price 2) Indicate the turns of the detrended price with a ZigZag lines to better see the tops/bottoms 3) Detrend the ZigZag to remove price amplitude between turns to even better see the cyclic turns ("rhythm") 4) Measure the distance from last detrended zigzag pivot (high-high / low-low) and plot the distance in bars above/below the turn Now, you can clearly see the rhythm of the dataset indicated by the Detrended Rhythm Oscillator including the exact length between the turns. This makes the procedure to "spot" turns and "measure" distance more simple for the trader. How to use this information The purpose is to check if there is a common rhythm or beat in the underlying dataset. To check that, look for recurring pattern in the numbers. E.g. if you often see the same measured distance, you can conclude that there is a major dominant cycle in this market. Also watch for harmonic relations between the numbers. So in the example above you see the highlighted cluster of detected length of around 40,80 and 120. There three numbers all have a harmonic relation to 40. Once you have this cyclic information, you can use this number to optimize or tune technical indicators based on the current dominant cycle length. E.g. set the length parameter of a technical indicator to the detected harmonic length with the DRO indicator. Example Use-Case You can use this information to set the input for the following free public open-source script: Disclaimer This is not meant to be a technical indicator on its own and the derived cyclic length should not be used to forecast the next turn per se. The indicator should give you an indication of the current market beat or dominant beats which can be use to further optimize other oscillator or trading related settings. Options & settings The indicator allows to plot different versions. It allows to plot the original DPO, the DRO with ZigZag lines, the DRO with detrended ZigZag lines and length labels on/off. You can turn on or off these version in the indicator settings. So you can tweak it visually to your own needs.
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Pine Script™ indicator
by StockMarketCycles
74
[Sidders] MACDEMASAR IndicatorCame across a cool idea for a strategy that couldn't find in the indicator database, so decided to code it up myself for your pleasure. Indicators consists of 3 indicators: EMA(200) to determine the overall trend, and the MACD & Parabolic SAR to determine entries (and exits). Long entry contains 4 conditions and is generated when price is above the 200EMA (1), the MACD crosses above the signal line (2), while they are both below 0 line (3) and when the parabolic SAR is below the closing price of the bar (4). Short entry is build up the same but in reverse: price is below the 200EMA(1), signal line crosses below the MACD line (2), while they are both above the 0 line (3) and when the parabolic SAR is above the closing price of the bar (4). Place the stoploss on the parabolic SAR dot below/above the candle that created the signal. Profit target 1:1 risk:reward ratio, but can ofcourse be changed according to your risk apetite. Might add automatically drawn SL/TPs in a later update. Concept behind the strategy should work on all timeframes, but will require proper backtesting. I think with additional filters the strategy can also be way more finetuned and profitable, personally haven't had the time yet to dive into that. Have also added alerts for your convenience. Enjoy!
Pine Script™ indicator
by Sidders
4
All in One StudyHere is my All in One Strategy converted into a Study with Alert Conditions you can use for whatever purpose you wish. Each condition is set up similarly to the way I had the strategy set up, if you pick the indicators you want to base your alerts on it will alert you only if the check box is true. You can pick one or more of the indicators if you'd like. I only suggest to pick one at a time so you don't have overlapping buy/sell alerts. I think everyone will find the message of the market falling alert amusing :-)
Pine Script™ indicator
by Solutions1978
4
QQEMoMoTV█ OVERVIEW This plots the QQE (Quantitive Qualitative Estimation) with the addition of labels to show areas to watch out for and a colored cloud to show Green Upwards or Red Downwards Momentum The QQE indicator is based on Wilder's RSI, which is based on a smoothed RSI comparing the change (delta Δ) between between bars to compute the FastTL and SlowTL depending on the RSI Period, Slow Factor and QQE settings selected As this works similarly to the RSI, it provides areas of overbought and oversold, and a cross at 50 for more bullish or more bearish The FastTL and SlowTL crossovers works similarly to the crossover of a fast and slow moving average which can indicate bullish or bearish When the SlowTL crosses above the FastTL a Green cloud indicating upwards momentum is drawn and vice versa when FastTL crosses above SlowTL Bullish signals generated when Blue line crosses above Orange line, or Green MoMo cloud, Uptrend Bearish signals generated when Orange line crosses above Blue line, or Red MoMo cloud, Downtrend QQE Areas of interest: Oversold: QQE < 33, Overbought: QQE > 67 Cross at 50: QQE crossing 50, this is an area that is between more bullish >50 and more bearish <50 zones Note: as 50 is the switch between more bullish or more bearish zones , it is common to watch out for Support/Resistance Tests at this level Tip: when QQE appears to be flat, this indicates a flat trend, this can commonly happen around the 50 zone when direction is relatively undecided, see the image below for an example Very Overbought: QQE > 90, Careful! Watch out! QQE is showing very overbought and is generally a good area to take profit as others may sell soon too QQE Fast settings: gives earlier signals, but also gives more shorter term signals RSI_Period = 6, Slow_Factor = 3, QQE = 2.621 QQE Slow settings: gives more reliable signals, but sometimes a little late, best to use both fast and slow together for confirmation of the trend RSI_Period = 20, Slow_Factor = 5, QQE = 4.236 You can add the QQEMoMoTV indicator to your chart twice and change one of them to the Fast settings and one of them to the Slow settings. By comparing the QQEMoMoTV Fast and QQEMoMoTV Slow together you can get a better idea of the overall trend. To best determine if this is a entry point or a trend reversal, it is recommended to use in conjunction with the MashumeHullTV indicator █ FEATURES Calculations Calculates the change (delta Δ) between between bars based on Wilder's smoothed RSI to compute the FastTL (Orange) and SlowTL (Blue) lines These are dependent on the QQE Fast settings or QQE Slow settings from the input RSI Period, Slow Factor and QQE selected Labels are shown when QQE crosses areas of interest on the chart as Label text and shown with white dots on the QQEMoMoTV indicator Inputs You can use the script's inputs to configure:  • Calculation Source (default close)  • RSI Period (default 20)  • Slow Factor (default 5)  • QQE (default 4.236)  • Whether to show Green/Red MoMo Cloud  • Whether to show the QQE Label  • Style and Position of the QQELabel (default None) None is selected as default to take up least space for optimal viewing when on Tradingview mobile, but you are free to change the style however you like Alerts Buy Signal alert based on rsi_ma crossing above FastAtrRsiTL, when Blue Line Cross above Orange Line, Green MoMo Cloud, Bullish Sell Signal alert based on FastAtrRsiTL crossing above rsi_ma, when Orange Line Cross above Blue Line, Red MoMo Cloud, Bearish █ CREDITS Original Author: greyghost7 Feature upgrades and usage: Xiuying Converted to Tradingview by: Machdragon
Pine Script™ indicator
by machdragon
6
Forward Cross ProjectionA quick script used to predict the average value the price should have to create a cross between a slow and fast MA at a given time. The line is red when the current cross is bullish and the line is green when the current cross is bearish. Crossing a red line downwards means that the price is getting lower and a bearish death cross is impending. Crossing a green line upwards means that the price is rising and a bullish cross is impending. Script was made thanks to the idea of Dannii
Pine Script™ indicator
by ItalianMat
Relative Difference Of Squares Oscillator [CC]The Relative Difference Of Squares Oscillator was created by Marco Alves (Stocks and Commodities Aug 2020 pg 10) and this is a heavily customized version of his indicator that works for single stocks instead of the entire market. I have included extra buy and sell signals to account for strong signals vs normal signals based on some user feedback I got. Buy when the line turns green and sell when it turns red. Keep in mind that this is a lagging indicator so good for trend confirmation. Let me know if there are any other scripts you would like to see me publish!
Pine Script™ indicator
by cheatcountry
2
Ehlers Simple Deriv Indicator [CC]The Simple Deriv Indicator was created by John Ehlers (Stocks and Commodities June 2021 pg 10) and this is a heavily modified version of his original script that changes the buy and sell signals. I did testing with his original settings but they didn't seem to be very profitable for most stocks so I created my own system. This indicator does have a lag though so it is best used for trend confirmation imo. Buy when the line turns green and sell when it turns red. Let me know if there are any other indicators you would like to see me publish!
Pine Script™ indicator
by cheatcountry
1
[jav] HeikinAshized OscillatorsThis script allows to HeikinAshize different commonly used centered oscillators. It plots them like Heikin Ashi candles. In this way, we can eliminate some of the noise and uncertainty that is inherent to applying only one calculation period to the oscillators. Applying Heikin Ashi to an oscillator might be advantageous compared to applying it directly to the chart, because you are not altering price readings. The obvious advantage is the clear visualization of the trend directions without noise. INPUTS The oscillators included are: Relative Strength Index (RSI) Stochastic Stochastic RSI Fisher transform Inverse Fisher Transform of RSI (IFTRSI) Commodity Channel Index (CCI) Money Flow Index (MFI) Chande Momentum Oscillator (CMO) Momentum (MOM) True Strength Index (TSI) Williams' Percent Range (WPR). Apart from the choice of one of these indicators, only two more inputs are required: the main (median) period and the % of variability of this period. RESULTS The script calculates 4 evenly spaced periods from that data (period and variability), e.g. for a period of 50 and a variability of 30%, the script calculates oscillator values for 4 different periods evenly spaced around 50, (35, 45, 55, 65) and uses these 4 values to draw the Heikin Ashi candle. The script also plots the usual upper/lower (overbought/oversold) values, as well as the central line. CREDITS The interesting concept of applying Heikin Ashi to an oscillator was recently introduced in Tradingview by @JayRogers . Many thanks for the idea. For Heikin Ashi calculations, the useful script by @allanster was taken as a reference. Any improvements, modifications or suggestions are welcome.
Pine Script™ indicator
by javabgar
10
Chart OscillatorI present you the chart oscillator where an oscillator (Stoch or RSI) is plotted on the chart itself (instead of below the chart) It is inspired on an idea of @Kablamicus Instead of having the lines between 0 and 100, here the '0-100' are - lowest(low, len) - highest(high, len) An overbought/oversold and a middle line is derived from these lines and the oscillator goes in between. It resembles very much the 'normal' oscillator, with a few extra's: - you can see the movement of the candles against the oscillator - S/R levels of oscillator, 50 line, overbought/oversold line, 0-100 line Stoch: RSI: Also a table is included with the Stoch/RSI values Cheers!
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Pine Script™ indicator
by fikira
50
Table: Relative Strength Index (Multiple Timeframes) DESCRIPTION It is the most popular and dependent Indicator, Relative Strength Index (RSI) . Now, I put inside a table to view chart momentum from Multiple timeframes. This indicator tells different Timeframe (30 minutes, 1 hour, 4 hour, 1 day, 1 week, 1 month) of RSI value within table form. HOW TO USE Can consider a Long position when all timeframes go oversold while Short position when all timeframes go overbought. Alarm function is available. It sounds as all timeframes are overbought or oversold. Modified The source of indicator from ©BeeHolder named "Performance"
Pine Script™ indicator
by sxw6329
15
Indicator PanelHello All, This script shows Indicator panel in a Table. Table.new() is a new feature and released today! Thanks a lot to Pine Team to add this new great feature! This new feature is a game changer! The script shows indicator values for each symbol and changes background color of each cell by using current and last values of the indicators for each symbol. if current value is greater than last value then backgroung color is green, if lower than last value then red, if they are equals then gray. You can choose the indicators to display. Number of columns in the table is dynamic and is changed by number of the indicators. You can choose 5 different Symbols, 6 Indicators and 2 Simple or Exponential Moving averages, you can set type of moving averages and the lengths. You can also set the lengths for each Indicators. Indicators: - RSI - MACD ( MACD and Signal and Histogram ) - DMI ( +DI and -DI + and ADX ) - CCI - MFI - Momentum - MA with Length 50 (length can be set) - MA with Length 200 (length can be set) In this example RSI, MACD and MA 200 were chosen, you can see how table size changes dynamically: Enjoy!
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Pine Script™ indicator
by LonesomeTheBlue
86
Easy Entry/Exit Trend Colors (With Alerts)This is an updated version of user Algokid's script called 'AK MACD BB INDICATOR V 1.00'. You can find that original script here: I added many alerts along with the Bullish and Bearish alerts when the MACD crosses over the Upperband or crosses down on the Lowerband. I personally use this indicator with Crypto charts (Bitcoin on a 15min, 1hour, and 4 hour timeframe) as one of many confirmations that it's a good time to enter a trade. This script was made to be easy to follow with the colors of GREEN triangles being a good uptrend or entry confirmation, and RED being a confirmation to sell/short or exit your trade. It's important to use this indicator in combination with other indicators that can give you more confirmations to enter or exit a trade, and make sure you are on normal candles and not HA or any other candles as you can get wildly inaccurate results. This script also has the Death & Golden crosses, which is the slow and fast moving averages crossing over each other. I don't use this as an additional confirmation, it's just nice to know where the cross happens.
Pine Script™ indicator
by countseven12
44
Momentum Trader + Trinity LinesThis is an updated version of the 'Momentum Trader' by user ProfitProgrammers + the 'Bollinger Bands %b & RSI & Stochastic Smoothed Indicator & Alert' by the user Zamboniman. Links to those original scripts are below: script/7S49kLWh-Bollinger-Bands-b-RSI-Stochastic-Smoothed-Indicator-Alert/ script/OMULR9es-Momentum-Trader/ The only real updates are so that it works on Version 4 of pinescript and some color and visual updates that makes these two scripts work well together. This must be used on normal candles and not HA or any other types or you can get misleading entry / exit points. Here is some info about this indicator and the moving parts within it: Chande Momentum Oscillator: -Measures trend strength, with higher absolute values meaning greater strength. -Also tracks divergence. When price increases, but is not accompanied by an increase in Chande Momentum Oscillator values, it signifies bearish divergence and a reversal is likely to follow. -Shown as the teal and pink histogram. Percentage Price Oscillator: -Similar to the MACD , except that it expresses the difference between the two moving averages in terms of a percentage. This makes it a little easier to visualize. -PPO values greater than zero indicate an uptrend, as that means the fast EMA is greater than the slow (and vice versa). Trinity Lines: -These 3 colored lines at the top are RSI + normalized Bollinger Band &b + normalized smoothed Stochastic. -A confirmation entry for a long is when the lines are in the order from top to bottom of Green Yellow Red. Entry and Exit Conditions: Enter When: 1) Chande Momentum crosses over zero from negative to positive territory. AND 2) Chande Momentum is rising(positive slope). AND 3) Trinity lines are Green, Yellow, Red (Top to bottom) Exit When: 1) Chande Momentum is greater than the upper line. AND 2) PPO has a negative slope. AND 3) Trinity lines are Red, Yellow, Green (Top to bottom)
Pine Script™ indicator
by countseven12
2