Introducing the Delta-RSI Oscillator.
This oscillator is a time derivative of the RSI, plotted as a histogram and serving as a momentum indicator. The derivative is calculated explicitly by means of local polynomial regression. It is designed to provide minimum false and premature buy/sell signals compared to many traditional momentum indicators such as...
Can be extended with more derivative or spot pairs, see the comments in the code for instructions. Most importantly, the pairs need to be added to the respective arrays in the same order, so that the weights are applied to the correct pairs.
The "AC-P" version of the Derivative Oscillator is my personal customized version of Constance Brown's Derivative Oscillator (using Everget's implementation of it as the base), with the the following modifications and additions:
VWAP Indication - option to show whether the price input option is above or below the Daily VWAP (red triangles = price input is...
Values above zero are considered bullish, and larger arrows print when the cross over occurs in the bullish area.
Values below zero are considered bearish, and larger arrows print when the cross under occurs in the bearish area.
This is the acceleration of a chart written in pine. It's the second derivative otherwise the derivative of the momentum.
It shows how fast a stock's momentum is changing and in what direction.
As standard I left the controls in the settings for source and length of the estimate.
I will be incorporating this in other more complicated scripts here shortly
This is an indicator that shows the ratio of spot price and "FX" price of bitFlyer, a Japanese cryptocurrency exchange.
"FXBTCJPY" is a special product and does not strictly work with spot price.
Because of the extremely "peculiar" price, it often deviates from the spot price.
This is an indicator to confirm it.
Uses a combination of moving averages to establish trends, and finite-difference derivative approximations to predict possible reversals. Seems to work best on 1 hour charts of less volatile currency pairs.