TA-Money Flow-Version5This is the MACD of a stochastic OBV movement indicator, Squeeze Momentum Indicator, and addition coloring for Market Direction Indicator . It is good (right) to work with both price and volume.
In this version we've moved the divergence highlighting to symbols at the ends of the histograms. Same coloring scheme as previous, yellow is divergence of either OBV or SQZ , red is both divergence. In the previous version we added in the "squeeze on - blue" highlighting to show follow through of divergence (or just squeeze/stall). We also added in another old script, but colors so well, Lazybears (Market Direction Indicator, linked below). Also incorporated a 3 color or 5 color scheme from the MDI script as a bool. It works great on any time frame, but you need to have volume data. Not sure where I originally got this (stoch-OBV, somewhere off Tradingview several years ago, thanks to the person who shared), Squeeze/MDI is Lazybear, links below.
Enjoy.
Version 5:
Moved divergence highlighting to symbols on histogram
Added coloring based on MDI
TA-Money-Flow-Version4
TA-Money-Flow-Version3
TA-Money-Flow-Version2
Squeeze-Momentum-Indicator-LazyBear
Market-Direction-Indicator-LazyBear
Indicateur de Momentum (MOM)
Momentum 4 Ways [Salty]This script provides the ability to see 4 momentum values at once and a combined average of all 4 values. The user can see how fast momentum values are affecting the slow momentum values when all values are combined. Also, if the combined average value is greater than zero then momentum is considered bullish. Otherwise, values below zero are considered bearish.
MACD MOMENTUM STRATEGYHey,
First of I'm not so familiar with Pine Editor, yet.
But a do need some help with a trick thing I*ve been working on.
As you can see I*ve merge the MACD and the MOMENTUM indicators in the same "chart" this have been working pretty well for me as a trading strategy. But now a chat tho create a real strategy with Pine Editor based on the same data. The thing is that I can't seem tho get the MOMENTUM indicator to and the MACD indicator in the same (different) scale in my strategy as when I merge them.
I suspect this got something to do with my chose of source för the MOMENTUM indicator, but I'm not 100.
I would be grateful for all kinds of feedback and tips for a solutions on this.
Thanks.
Rsi momentum experimentalThis is RSI momentum , I try to make it as experiment so I hope it not bad:)
the up strength is in blue and the down momentum is in red
Waddah Attar Explosion [smillal]This is just a slightly altered version of Lazy Bear's great indicator
with the added feature to draw the explosion line in different colors while it is currently rising or falling.
Ehlers Triple Delay-Line DetrenderThis indicator was originally developed by John F. Ehlers (Stocks & Commodities , V.18:7 (July, 2000): "Optimal Detrending").
Mr. Ehlers applied the ideas of the radar systems for the financial time series detrending.
Mr. Ehlers constructed the Triple Delay-Line Canceller first, then smoothed it with the Modified Optimum Elliptic Filter with minimal lag. The smoothed detrended signal is smoothed again with the Modified Optimum Elliptic Filter to obtain signal line.
As result, the crossings of the two indicator lines catch every major cyclic move and the detrender itself can be used as the first step in more sophisticated analyses.
BP Scalper with resistance barsThis Script is used for scalping on the 15 min. It can do the other time frames but i built it for primarily the 15. There is some logic where i use the previous candles and i'm using intervals of 4 to get 1 hour estimates. This also works with the 1 hour, because the 4 hour is what it will compare with.
It uses Buy volume and sell volume to create the indicators.
If the buy volume starts losing traction on the sell volume the indicator triggers.
Up/Down Range Momentum MTFSo 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
JSE Market Breadth Stocks>MAThis 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 which is the lowest since 2013.
Volatility Based Momentum (VBM)The Volatility Based Momentum (VBM) indicator is a variation on the rate-of-change (ROC) indicator. Instead of expressing momentum in a percentage gain or loss, VBM normalizes momentum using the historical volatility of the underlying security.
The VBM indicator offers numerous benefits to traders who orient their trading around volatility. For these traders, VBM expresses momentum in a normalized, universally applicable ‘multiples of volatility’ (MoV) unit. Given the universal applicability of MoV, VBM is especially suited to traders whose trading incorporates numerous timeframes, different types of securities (e.g., stocks, Forex pairs), or the frequent comparison of momentum between multiple securities.
The calculation for a volatility based momentum (VBM) indicator is very similar to ROC, but divides by the security’s historical volatility instead. The average true range indicator (ATR) is used to compute historical volatility.
VBM(n,v) = (Close - Close n periods ago) / ATR(v periods)
For example, on a daily chart, VBM(22,65) calculates how many MoV price has increased or decreased over the last 22 trading days (approximately one calendar month). The second parameter is the number of periods to use with the ATR indicator to normalize the momentum in terms of volatility.
For more details, there is an article further describing VBM and its applicability versus ROC.
[RESEARCH] MomentumHello traders and developers!
I compared different techniques to get momentum of the series.
The 4 samples are:
1) Raw difference between price and price some bars ago
2) Built-in "change" function
3) Built-in "mom" function
4) Jedi's momentum - difference between current and previous SMA multiplied by it's period
All results are identical.
So, we have two built-in functions that do the same thing: "change" and "mom". For brevity it is better to use "mom" when you need to get momentum of the series.
Good luck!
Asymmetrical RSIThis indicator was originally developed by Sylvain Vervoort (Stocks & Commodities, V.26:11 (October, 2008): "ARSI, The Asymmetrical RSI").
Coppock CurveThis indicator was originally developed by Edwin "Sedge" Coppock (Barron's Magazine, October 1962).
Specially for @AlexMayorov :
1) Buy when indicator crosses the zero line upside
2) Sell when indicator crosses the zero line downside
Phase Change IndexPhase Change Index script.
This indicator was developed and described by M. H. Pee (Stocks & Commodities V.22:5 (28-37): Phase Change Index).
Other indicators of M. H. Pee:
Ehlers Smoothed Adaptive MomentumEhlers Smoothed Adaptive Momentum script.
This indicator was developed and described by John F. Ehlers in his book "Cybernetic Analysis for Stocks and Futures" (2004, Chapter 12: Adapting to the Trend).