Just another Elliott Oscillator, this time with momentum bands
The DecisionPoint Price Momentum Oscillator ( PMO ) is an oscillator based on a Rate of Change calculation that is smoothed twice with custom exponential moving averages. Because the PMO is normalized, it can also be used as a relative strength tool. PMO can be used in many ways: - PMO can be used to determine the OB/OS state. While the +2.5 to -2.5 is the...
Momentum based indicator various signals for various parameters bull/bear divergence will be seen as the dots with blue being bearish and yellow being bullish the red X and green + are top and bottom signals per TGX white flag appears respectably on top and bottom when all parameters are met bullshly or bearishly Watch for TGX to reset while it rest...
This is my version of Stochastic RSI, but not the stochastic RSI alone, hell no, it's a lagging indicator, I don't like lagging indicators. This is a leading indicator that has momentum calculations in it and not only that, it has a momentum shifting calculation based on modified ehler's transformation ! Simple for user, a hell to program ! Price and how to get...
I was wondering how Jurik's Velocity works and after some time I created a little bit different Velocity. What is this? Everybody heard about the momentum indicator. The classic momentum shows the difference between the current price and the price N periods ago. How far in the past the comparison is made is up to the trader. When the indicator reaches...
GTO is a easy to understand and use script it just uses candle closes and other variables to gauge momentum that is then plotted on top of the chart teal = bullish salmon = bearish you want them plotting while in your desired trade, if you are long and bearishness starts showing may be good toexit vise versa Red X is BULL fatigue or can other wise be seen as...
Using RSI I use a system that helps judge momentum based on price action and rsi based on plots cyan is bull yellow is bear cross over technique is used when 3 lines cross over or under, and you get two confirmed momentum signals in a row thats a confirmed entry long or short to close you want two or three momentum signals opposing your trade to flip...
TGXV originally Top Goon(X) is a momentum based oscillator that ranged between -2-2 Use it as any normal momentum based oscillator TGXV gives you Bear trend signals and bull trend signals with their respected symbols the continuous dots are indication of trend momentum strength the more in a row you have the stronger the trend spotty and it is neutral if...
This indicator calculates and displays 31 momentum lines between "min period" and "max period". Positive momentum is calculated using the high value. negative momentum is calculated using the low value. smooth factor is used for smoothing values. "ema(ema(momentum value, momentum period*smooth factor), momentum period*smooth factor)"
So using the script of and adding non repainting MTF function to it we create this momentum model You can enter either at cross of blue line or at cross of 0 and vice versa at red line. since it has MTF function you can look it on different time frames just set int 2 to the TF of your desire
Can use the renko candle to put an alert when the renko block has changed
This indicator is for the Johannesburg Stock Exchange (JSE) and indicates the number of stocks in the Top 40 Index above its selected Smooth Moving Average (SMA). Typically the 200SMA is used to see the longer term health of the market and the 50SMA for a short term view. Currently the market has reached a point that less than 2% of stocks were above their 200SMA...
Wave Momentum Strategy is a momentum and cyclic based strategy. It uses the best indicators I've created in the past along with some other HPT (High Probability Trade) signals I developed to attempt to trade successfully at any time-frame. The primary underlying signal generator is the Wave Momentum Indicator which you'll also find on my profile. This indicator...
DMI/ADX blue is Bull momentum yellow is Bear momentum gray line is trending line dotted is TREND LINE idea: look for two lines to be above the dotted TREND LINE bullish = Bull momentum + Trending Line bearish = Bear Momentum + Trending Line when all three are converged or when Tending Line is below dotted its CHOP Blue flashes when BULL momentum is...
This is a Momentum indicator but on "Volume" The formula is heavily tweaked version of TSI with chance of using different averaging types, the period numbers are fixed and user don't need to type anything for them! Please don't contact me for getting access, these tools are available for my students only. These are part of my "methodology" that I teach. The...