A hybrid script will often combine one or more known technical indicators to determine buy and sell signals in addition to merged charting capabilities.
- 2 months, 2 weeks ago
Momentum are simple indicators showing the difference between today's closing price and the close X days ago. For example $3 rise over 20 days, whereas ROC might show that as 0.25 for a 25% rise over the same period. Bullish and bearish interpretations are found by looking for divergences, centerline crossovers and extreme readings. This indicator is often used in combination with other signals.
- 1 month, 2 weeks ago
Moving Averages are a price based, lagging indicator that displays an average price of an asset over a defined period of time. Moving Average is a reliable way to gauge momentum and confirm trends, while defining areas of support and resistance.
- 3 weeks, 1 day ago
Oscillators are popular and commonly used because they are a leading indicator that can signal a possible trend change. This type of technical indicator oscillates between two points, above and below a midpoint and the value helps gauge the strength and power of a trend. Oscillators typically signal if a market is overbought or oversold, which could lead to a trend reversal. This signal could be used to determine when to close open positions.
- 6 months, 1 week ago
Relative Strength Index
Relative Strength Index (RSI) is a well versed momentum based oscillator which is used to measure the speed as well as the change of directional price movements. Essentially the RSI, when graphed, provides a visual means to monitor both the current, as well as historical, strength and weakness of a particular market. The strength or weakness is based on closing prices over the duration of a specified trading period creating a reliable metric of price and momentum changes. Given the popularity of leveraged cryptocurrency products; RSI has proven to be a viable indicator of price movements.
- 6 months, 1 week ago
These scripts are often used to improve functionality of a bot or indicator. Including exporting or organizing data generated from trade activity or signals.
- 1 year, 10 months ago
A sideways trend script tracks the horizontal price movement that occurs when the forces of supply and demand are nearly equal. This typically occurs during a period of consolidation before the price continues a prior trend or reverses into a new trend.
- 1 year, 9 months ago
Trend Analysis could quite possibly be one of the most important areas of technical analysis and is critical to determining the overall direction of an asset. Trends are based on the notion of higher highs, higher lows for an uptrend and lower highs, lower lows for a downtrend. They can use different time scales and be embedded within one another.
- 3 weeks, 2 days ago