This is new version of RSI oscillator indicator, developed by John Ehlers.
The main advantage of his way of enhancing the RSI indicator is smoothing
with minimum of lag penalty.
WARNING:
- This script to change bars colors.
The script multiplies the price time the volumes. Than relatively calculates whether the stock or product is oversold or overbought. One can subsequently set when to go short or when to go long. The way it works is that there is a small 1 for a long and a -1 for a short. If it is 1 and the followed by a 2 one has a profit. If a -1 is followed by a -2 you traded a...
This is new version of RSI oscillator indicator, developed by John Ehlers.
The main advantage of his way of enhancing the RSI indicator is smoothing
with minimum of lag penalty.
WARNING:
- This script to change bars colors.
This script uses a regular Stochastic RSI formula and then runs Ehlers' Super Smoother on top of it. It also provides buy/sell signals on crossovers.
The script is inspired by LazyBear Ehlers-Smoothed Stochastic RSI with Roofing Filter, except I find that the Roofing filter (existing implementation) does not work well near extreme price changes, where a regular...
This indicator uses Heiken Ashi candle data to plot trend strength signals to your chart.
Bright Green: Heiken Ashi candle data is still putting in higher lows and higher highs, and the price closed above the previous low.
Dark Green: Heiken Ashi candle closed green, but had a lower low or lower high (trend weakening).
Bright Red: Heiken Ashi candle data is...
Simple Elliott Wave Oscillator: the fast moving average is a 5-period SMA, the slow moving average is a 35-period SMA, the EWO is the difference between the two.
It lines up almost perfectly with Elliott Waves.
It is a variation of the Grimes Efficiency Ratio by Adam H. Grimes explained here:
adamhgrimes.com
Instead of calculating and then averaging the Donchian Channel Position I use the Keltner channel position, i.e. the HER gives you the average Keltner channel position over the last x days (Keltner channels +/-2.3 ATR20 on EMA20)
RSI and KDJ indicator combined.
KDJ: Buy when J (purple) is going up and and crossing KD (orange) from below. Sell vise versa.
RSI: Overbought when RSI is over 70, oversold when RSI is under -10.
Code written by Krishna Khanna on 04/11/2017 and includes the following components
1) CCI MTF
This indicator will draw the following
CCI-8 on 5 minutes
CCI-34 on 5 minutes
CCI-34 on 30 minutes interval on 5 minutes
2) Strength Candle Detection
This is put a * over any strength candle
3) EMA
This will plot EMA 5, EMA 21 and EMA 55
4)...
This is a cryptocurrency strength meter based on an earlier post by Glaz who created a strength meter for forex trading.
Its based on the true strength indicator. It is good but not perfect.
May the Force be with you.
-SpreadEagle71
The SMI Ergodic Indicator is the same as the True Strength Index (TSI) developed by
William Blau, except the SMI includes a signal line. The SMI uses double moving averages
of price minus previous price over 2 time frames. The signal line, which is an EMA of the
SMI, is plotted to help trigger trading signals. Adjustable guides are also given to fine
tune...
*****Please note that all old versions of this script are depreciated and will report incorrect data!*****
This "indicator" is made to display the history of the price difference between OKEX's quarterly contracts and the market that it is supposed to be tracking. Contango differences are natural, but it's nice to visualize how they change over time.
This...
This is the new-age indicator which is version of RSI calculated upon
the Rate-of-change indicator.
The name "Relative Strength Index" is slightly misleading as the RSI
does not compare the relative strength of two securities, but rather
the internal strength of a single security. A more appropriate name
might be "Internal Strength Index." Relative...
![AAPL: CoinStrengthIndex [Singque]1-25](https://s3.tradingview.com/y/YJvUxCE9_mid.png "CoinStrengthIndex [Singque]1-25")
![AAPL: CoinStrengthIndex [Singque]25-50](https://s3.tradingview.com/h/hhEZM1ih_mid.png "CoinStrengthIndex [Singque]25-50")
![MERBTC: Ehlers-Smoothed Stochastic RSI [Krypt]](https://s3.tradingview.com/j/jBXf2Ffi_mid.png "Ehlers-Smoothed Stochastic RSI [Krypt]")
