EdgeAnalysisGroup: Rare DivergenceThese are rare RSI Divergence situations that will rarely show, but has a very high success ratio for most tested timeframes. It is a lot better at calling the Shorts than Longs currently. More versions coming soon.
If you have any questions feel free to reach out to me or any Edge Analysis Group staff. Enjoy the latest free script!
Divergence
DBT BandsThe DBT Bands were designed in cooperation with RollinInCrypto. They are bands that find bull and bear divergences. These divergences are perfect in conjunction with the bands for sideways trading. Once a gold ray has formed it is signaling a bear divergence and you should take a short position if price action is confirming a bear move. Maintain a tight stop and target the mid or lower bands. Once a purple ray has formed it is signaling a bullish divergence and you should be looking for a long position if price action is confirming the move. Maintain a tight stop and target the mid or upper band. This indicator is best used on a 15min or 30min time frame on BTCUSD. Do not trade divergences in very strong trends, the divergence is typically not strong enough to reverse the trend. It is best to trade these divergence in a clear sideways pattern when the bands are not too expanded and price is consolidating.
Use at your own risk. This is not financial advise and this indicator is not guaranteed to make you profits. Please message me if you have any questions or feedback. Enjoy.
This is the Official release of the DBT Bands. It will be available on my website upon launch. Please do not ask for access. If you would like access please go to my website once it releases, Thank You.
Dane: RSI MACD StrategyRSI / MACD Divergence Strategy . Published for customer verification and acceptance. Unfortunately, access can only be provided to the customer.
For those interested in custom development services, please visit the backtest-rookies (.com) website for more information.
Features
RSI & Price divergence detection
Open a trade window when trade conditions are met
Enter the trade on confirmation
Stop losses / take profit custom levels based of daily pivot values
Longs Shorts & Divergence (LSD) (Ratio, Diff, Total) [cI8DH]This indicator automatically identifies the ticker for the current chart and shows margins at Bitfinex (or any other exchange if listed on Tradingview). So if your chart is reading EOSUSD at Kraken, this indicator will show EOSUSDSHORTS and EOSUSDLONGS at Bitfinex.
Features:
- Total of longs + shorts ("could" be an indicator of market attractiveness)
- Difference between longs and shorts (good if you want to have only one chart)
- Longs to total margin ratio in percentage
- Highlighting of indicator background when margins diverge too much from price (sensitivity of divergence is adjustable, divergence can be applied to longs, -shorts, longs+shorts, longs-shorts)
- Price factoring (gives a consistent metric when switching between different coins)
- Tickers can be set to a fixed value or automatically extracted from the current chart (fixed is useful for hybrid tickers)
- Margin exchange can be modified (default is Bitfinex)
- Offset for longs (helps with scaling)
Read the description in the TA below for getting access to this script.
[RS]nMikes Divergence OscillatorsOscillator Package used for nMike's trading system.
Note: this is still in development, so use at your own discretion.
Divergence FlagUsed to spot divergences in the RSI. Currently does not deal with any hidden divergences.
Bearish Divergence
White means comparing Price and RSI to candle with lowest Price in the range and RSI is higher but Price is lower
Yellow means comparing Price and RSI to candle with lowest RSI in the range and and RSI is higher but Price is lower
Bullish Divergence
Red means comparing Price and RSI to candle with highest Price in the range and RSI is lower but Price is higher
Orange means comparing Price and RSI to candle with highest RSI in the range and and RSI is lower but Price is higher
Range and Colours and be Changed in Inputs. White and Red take preference over Yellow and Orange respectively.
Relative Strength Index (Log/Divs/MTF/EMA)RSI calculated for log scale, with divergences labeled, as well as a 1 hour 55 EMA for signal.
Original log-space RSI by fskrypt.
Divergences taken from JustUncleL, originally from RicardoSantos.
Money Flow Index + AlertsThis study is based on the work of TV user Beasley Savage ( ) and all credit goes to them.
Changes I've made:
1. Added a visual symbol of an overbought/oversold threshold cross in the form of a red/green circle, respectively. Sometimes it can be hard to see when a cross actually occurs, and if your scaling isn't set up properly you can get misleading visuals. This way removes all doubt. Bear in mind they aren't meant as trading signals, so DO NOT use them as such. Research the MFI if you're unsure, but I use them as an early warning and that particular market/stock is added to my watchlist.
2. Added 60/40 lines as the MFI respects these incredibly well in trends. E.g. in a solid uptrend the MFI won't go below 40, and vice versa. Use the idea of support and resistance levels on the indicator and it'll be a great help. I've coloured the zones. Strong uptrends should stay above 60, strong downtrends should stay below 40. The zone in between 40-60 I've called the transition zone. MFI often stays here in consolidation periods, and in the last leg of a cycle/trend the MFI will often drop into this zone after being above 60 or below 40. This is a great sign that you should get out and start looking to reverse your position. Hopefully it helps to spot divergences as well.
3. Added alerts based on an overbought/oversold cross. Also added an alert for when either condition is triggered, so hopefully that's useful for those struggling with low alert limits. Feel free to change the overbought/oversold levels, the alerts + crossover visual are set to adapt.
Like any indicator, don't use this one alone. It works best paired with indicators/techniques that contradict it. You'll often see a OB/OS cross, and price will continue on it's way for many weeks more. But MFI is a great tool for identifying upcoming trend changes.
Any queries please comment or PM me.
Cheers,
RJR
divergence type w/trend stops in aug. Uses 5 min chart eth/usd. use 500 tp, 250 trailstop, and 150 sl for btc.
Consensio Trading SystemConsensio Trading System involves using 3 different moving average comprised of 2, 7 and 30-week simple moving average. The trading methodology is simple when all moving average are above one another and is converging up ..You're in a bull market and vise versa for a bear market when all the moving average below one another and is converging down. There are said to be more than 1000 (1k) combination for this system to begin trade with and all pattern require at least 3 moving average. This system is mainly used with the weekly chart for longterm perspective although it can be used up to 30 min for short-term trade setups. The main component of this system is longer-term moving average i.e.30 period if that is down and other MA are consolidating within a range aka death cross back and forth ... the overall market should be considered bear market regardless of other two moving average crossovers.
Hyperwave Channel by Lucid Investment Strategies
Co-hosted by D. Tyler Jenks and Leah Wald
D. Tyler Jenks, the President, and CIO of Lucid Investment Strategies LLC developed the proprietary technical system of Hyperwave. After 40 years as an investment manager, he discovered over 300 examples of Hyperwaves within various asset classes; stocks, bonds, commodities , indexes, and cryptocurrencies
MACD with highlighted positive and negative trendThe values used by this indicator are equal to MACD 12 26 9 (and Signal). Only changes are made to looks:
If MACD closes higher than Signal, then we are seeing green. Else, we are seeing red.
Another point is that we get a blue circle when there is a trend change from bullish to bearish or vice versa. Please note that there needs to be an offset for this. We will only see the circle, when there already WAS (instead of is) a trend change.
Stoch BitfinexSimilar to RSI Bitfinex , but Stoch version.
It applies Stochastic Oscillator to BTC longs/shorts ratio on Bitfinex. You can use the oscillator as you'd use Stoch:
- Divergences
- Oversold/overbought signals
- R/S on the indicator
- Trend indication
- etc
Stochastique Divergences IndicatorHello,
I made a custom indicator.
Divergences with stochastique and price are really strong signals.
About the indicator
A bullish divergence happens when the stoch K makes a higher low and is depicted by a green triangle up.
A bearish divergence happens when the stoch K makes a lower high and is depicted by a red triangle down.
This script is the base for my next strategy that I should upload soon.
I will grant access (to this script and my others) to people willing to make a small donation.
Here is my BTC address : 19sVQvCDmVfEACq7BiMnWSMqFPZ8qfSQ2K
If you prefer ETH : 0xc8a5d3a63a05db0c2363ea1c08b37a01cce9ebfb
Send me a Private Message with the ID of the transaction
If you want to do some forward testing first, send me a message.
Also check blockchainfiesta.com
RSI Divergence Alerts (BETA)This Script uses the original code from the 'PPO Divergence alerts' by Scarf
Only difference is the RSI is used as the input instead.
Adjust the smoothing setting as required to change sensitivity for alerts.
Feel free to contact me if you would like more info.
Divergence Indicator This is a simple divergence indicator that was mainly developed for the Quick Fire Strategy. Works well on mobile devices (TV App) as well. Was developed originally for RSI with setting of 14.
Divergent StrengthDivergent Strength is showing the amount of momentum behind the Divergent Channel movement.
Movement higher means the market is becoming more Bullish. Movement lower means the market is becoming more Bearish.
Is good for finding divergence when used in conjunction with the Divergent Channel indicator color changes.
Divergent ChannelDivergent Channel shows the changing market conditions based on slope, volatility, and trend.
Widens when trend is strengthening, tightens when market is consolidating, green for bullish movement and red for bearish movement.
Used in conjunction with the Divergent Strength indicator it becomes an effective tool for spotting (at a glance) accurate divergence.
RSI DivergenceHi!
Lately I had quite a few requests for an RSI divergence development, so I decided to make a publish version of such indicator. This is how it works:
It searches for peaks on the RSI indicator (not on the price!):
when the RSI values greater than two values before and after that value it's a peak
when the RSI values lesser than two values before and after that value it's a trough
NOTE: The peak/trough could be detected only after two new bars are formed!
The indicator remembers high/low price on the bar with the peak/trough. When the indicator value at the peak is lower than the indicator value at the previous peak and the low price at the current peak is higher than the low price at last peak then it's a hidden bullish. Vice versa for the trough.
So, this indicator can detect the next cases:
indicator fall + high rise = regular bearish
indicator rise + high fall = hidden bearish
indicator rise + low fall = regular bullish
indicator fall + low rise = hidden bullish
You can donate ETH (0xa961e3866f58c36aaef958714d4f75d9c081b8bc) if you want to thank me more than just a like or a comment.
DepthHouse BTC Momentum Oscillator [BTC MO]NOTE: Only Works on BTC.
All testing was done on 1hr Timeframe
This is a experimental indicator - use at your own risk.
DepthHouse BTC Momentum Oscillator is an advanced tool to help determine Bitcoin Market Momentum.
---BTC MO SIgnals---
Signal Line: Generally, if the Signal Line is greater than 0, then there is more bullish momentum in the market
Tops & Bottoms: Signals used to help spot where BTC momentum may have topped or bottomed out
Possible Divergences: Used to help spot possible reversals on continuous trends
---oh92's Preset Setting---
Scalper: (20,11,17,6) Very reactive settings that I use while day trading. However, faster settings generally increase the chance of false signals(20,11,17,6)
Swing Trader: (5,25,55,10) Greatly reduces noise for my longer time trades. Generally makes 'tops' and 'bottoms' more accurate. Which can be a huge advantsge in spoting an earnly trend reversal
Custom: Allows user adjustments of all settings
---Built-in-Alerts---
Tops
Bottoms
Bearish Divergences
Bullish Divergences
Signal Line Crossovers
Try this indicator for FREE! Just leave a comment, or feel free to send me a PM
