A lightweight version of the popular "Moving Average Ribbon" or "Guppy" indicators where the visuals are plotted as "waves" rather than moving average lines. As is customary for my indicators, nearly everything about it is user selectable.
Visual Features:
User Customizable Colors
RSI-Based Rainbow Color Scheme
Simple Offset for adjusting transparency
Create...
About this indicator:
This indicator aims to combine two good performing strategies, which can be used separately or together, mainly for investment positions, although it can also be used for intraday trading.
Strategy 1) Squeeze Oscillator and Average Directional Index:
This strategy is taught by Jaime Aibsai, which determines market entries based on reading...
A series of 28 stochastic oscillators plotted horizontally and stacked vertically from bottom to top as the oscillator background.
Each oscillator has been interpreted and the value has been used to colour the lines in.
Lower lines are shorter term stochastics and higher lines are longer term stochastics.
The average of the 28 stochastics has been taken and...
Hello All,
I am here with a new idea and script, " Zigzag Waves ". This indicator creates 3 Zigzags with different lengths, keeps the lengths of each zigzag wave and calculates/draws average waves for each zigzag. optionally it can reset the wave when zigzag direction changes and new highest/lowest found. And optionally it draws Exponential Moving Average(EMA)...
This is an indicator to draw a sawtooth wave on the chart.
It can be a useful perspective, as decaying markets tend to oscillate in reverse sawtooth waves, and bullish markets can oscillate in conventional sawtooth waves. With the right inputs, it can be an early warning signal for potential movements.
Something I've noted is that large waves cause a ripple...
This creates a replica of relative distance from the moving averages, a good way to measure the strength, divergences etc.... short, mid and long term waves.
List of All my Indicators - www.tradingview.com
Strategy based on my cRSI with motive/corrective wave indicator. Please note that it is far from perfect. I use it mostly to help me identify good entry and exit points when combined with my other technical analysis. It misses some obvious points, but on average it does pretty well. The challenge often is indicating when you have sufficient change in the cRSI to...
HI BIG PLAYERS,
this script I wrote for an enquiry of a tradingview-user. It should represent the Filtered Waves idea from Arthur Merril and used by Linda Raschke.
It's similar like a visualization of Elliott Waves.
On YouTube title "MTA UK Chapter Presentation with Linda Raschke" between 34-36 minutes Linda Raschke shows the rules for her Filterd Waves.
Any...
This indicator is based on my indicator "MAC of BiznesFilosof", but it differs in that it shows three waves. Daily, weekly and monthly wave. Based on the color of these waves, you can easily determine the trend to use the indicator in combination with oscillators.
The main idea of this indicator is ease of use. Although I made it possible to show the corridor in...
Waves in Price (Volume Waves)
TheDowVolumeBigot>0 (Bullish) =Lime color
Very High=Dark Green color
High=Green color
TheDowVolumeBigot<0 (Bearish) =Orange color
Low=Red color
Very Low=Dark Red color
Barcolor
This is a fork of the cRSI + Waves Strategy with VWMA overlay strategy by Dr_Roboto , which adds two additional features, namely:
the ability to limit trade signals to certain defined periods of time ("Sessions") during the trading day and, optionally, to close any open position at the end of either or both "Sessions"
the ability to control the maximum...
Using RSI and 4 exponential moving averages, I created this indicator so that you can spot inconsistencies between price action and RSI. There's a lot of misunderstanding surrounding RSI, most people think if something's 'oversold' buying is a guarantee win. This definitely isn't the case as there's many more variable to consider. In addition, with this indicator,...
Using previous principles, This setup plots 60 moving averages on the chart. The averages are colored using a normalized oscillation technique (FFT).
To achieve the same display as above, put the same indicator twice and set the 'osx' parameter of one to 0 and the other to 2.
Feel free to play with the 'mul' parameter in ranges between 1-90. Most useful...
Use the angle of multiple moving time windows to calculate the angular momentum vector across time. represent in a spectrum of frequencies\colors\transparency together with the accumulative "truth" (black)
This script allows you to establish in a graphic and interactive way which are the N, NT, V and E targets for a Hosoda N wave.
Apply the indicator to the chart.
The interactive tool of Pine script version 5 will ask you to identify three points of "minimum-maximum-higher minimum" that form a bullish N wave of Hosoda (refer to the specific documentation for...
This is a script to draw a square wave on the chart, with an indicator for current price.
Markets undergoing Dow Jones or Wyckoff Accumulation/Distribution cycles tend to move in such waves, and if the period of the cycles are detected, a signal for accumulation/distribution phases can be created as an early warning.
Useful inputs:
- Average True Range as the...
This indicator aims to indicate the correlation between two assets(Current and Base), it does NOT show entries or help your chart analysis directly.
The main features of this Correlation indicator is :
Correlation type : Direct Correlation | Inverse Correlation | No Correlation
Correlation Percentage : as its name, it calculate the Correlation Percentage...
![BTCUSDTPERP: Squeeze M + ADX + TTM (Trading Latino & John Carter) by [Rolgui]](https://s3.tradingview.com/d/dD46cfeI_mid.png "Squeeze M + ADX + TTM (Trading Latino & John Carter) by [Rolgui]")
![BTCUSD: Filtered Waves [NXT2017] #Linda Raschke #basics on Arthur Merril](https://s3.tradingview.com/5/5oUKbgOr_mid.png "Filtered Waves [NXT2017] #Linda Raschke #basics on Arthur Merril")
