=== INTRO === This is a 2 in 1 indicator, STOCHASTIC + NORMALIZED MACD. I release this script as public because both stochastic and normalized macd are public, so I cannot find any reason to post it as private :) === USAGE === You can use any of the indicators by itself as usual, stochastic as a oversold/overbought indicator as a momentum/trend...
Simple combination of LWMA and ATR Formula: Normalized LWMA = (LWMA-LWMA )/ATR
This indicator is an implementation of a circular barplot aiming to return the market sentiment given by multiple normalized oscillators. These include the relative strength index (RSI), Stochastic %K (%K), Linear Correlation Oscillator (ROSC), William Percent Range (WPR), Percent Rank (%R), and money flow index (MFI). The length period of each of these...
Normalized version of Quantitative Qualitative Estimation QQE: Normalized QQE tries to overcome the problems of false signals due to RSI divergences on the original QQE indicator. The main purpose is to determine and ride the trend as far as possible. So users can identify: UPTREND : when nQQE Histogram is GREEN (nQQE is above 10) DOWNTREND : when nQQE...
Return the percentage of closing prices greater than SMA's with periods within a user-selected range. An exponential moving average applied to these results is also displayed (in orange). Settings Min : Minimum period of the SMA in the range Max : Maximum period of the SMA in the range Smooth : Period of the EMA Src : Input series of the indicator ...
This script is good to use with Williams %R indicator, to find out when price has bottomed out. ATR has to be over 90 and Williams %R ( lenght 52 ) has to be over 95 to find out level around which one is good to buy. You can check back, to see that this worked very well over history. Best way to use this 2 indicators is with DCA ( dollar cost average ), as area...
It can be interesting to have an indicator displaying two rescaled measures, thus ending with an indicator that allow the creation of more complex trading rules (conditions), this is what is intended with the price/volume normalized oscillator (PVNO) who normalize both volume and price in order to display them together. Volume is considered an important factor as...
MACD normalized with its highest and lowest values over the last “Normalization period” - includes alerts
This indicator normalizes Day's candle with Open. Idea is to see the daily movement in the context of the Open of the Day. Larry Williams talks about Open being the most important price of the day. Hence, this indicator. The Green line is average Open-to-High for occurrences of Red days. The Red line is average Open-to-Low for occurrences of Green days. Average...
This modification of the Scaled Normalized Vector Strategy uses trailing stops and is optimized for lower TFs.
This is a modification of my Scaled Normalized Vector Strategy. This mod features some activation functions. Performance remains high. The repainting problem should be tested out.
This is a scaled Normalized Vector Strategy with a Karobein Oscillator Original: Drkhodakarami (www.tradingview.com) Repainting: in general there two types of repainting: * when the last candle is constantly being redrawn * when the indicator draws a different configuration after it has been deactivated/reactivated, i.e. refreshed. The former is a natural...
This is a Normalized ATR, which means it displays ATR as a percentage instead of absolute price. For example, a value of 1 indicates a true range of 1% in a given period. This indicator creates a moving average of the volatility of a product going back X number of periods and is useful for deciding what to trade. For example, if used on a daily chart, one...
An idea I had today morning so I had to write. It seems to detect trends well. It has three phases like a semaphor, painting the chart bars of green, yellow or red. === Bar Color Meaning === Green: uptrend Yellow: don't care Red: downtrend I think it can be useful! Thanks!
This indicator was originally developed by John Forman (Stocks & Commodities, V.24:6 (May, 2006): "Cross-Market Evaluations With Normalized Average True Range"). Mr. Forman uses a normalized average true range indicator to analyze tradables across markets. Good luck!
Chiki-Poki BFXLS Longs vs Shorts Absolute Normalized Volume Value Pro by RagingRocketBull 2018 Version 1.0 This indicator displays Longs vs Shorts in a side by side graph, shows volume's absolute price value and normalized volume of Longs/Shorts for the current asset. This allows for more accurate L/S comparisons (like a log scale for volume) since volume on spot...
Balihuntul Normalized Absolute Volume by RagingRocketBull 2018 Version 1.0 This indicator shows absolute and/or normalized volume for an asset, allows for more accurate volume based comparisons (like a log scale for volume). Volume is measured in coins traded, not USD traded, so direct comparisons of different price moves may not be accurate. Professional...