Accdist — Indicators and Strategies

Relative Strength of Volume Indicators by DGT The Relative Strength Index (RSI) , developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. • Traditionally the RSI is considered overbought when above 70 and may be primed for a trend reversal or corrective pullback in price, and oversold or undervalued condition when below 30. During strong trends, the RSI may remain in overbought or oversold for extended periods. • Signals can be generated by looking for divergences and failure swings. If underlying prices make a new high or low that isn't confirmed by the RSI, this divergence can signal a price reversal. If the RSI makes a lower high and then follows with a downside move below a previous low, a Top Swing Failure has occurred. If the RSI makes a higher low and then follows with an upside move above a previous high, a Bottom Swing Failure has occurred • RSI can also be used to identify the general trend. In an uptrend or bull market, the RSI tends to remain in the 40 to 90 range with the 40-50 zone acting as support. During a downtrend or bear market the RSI tends to stay between the 10 to 60 range with the 50-60 zone acting as resistance This study aim to implement Relative Strength concept on most common Volume indicators, such as • Accumulation Distribution is a volume based indicator designed to measure underlying supply and demand • Elder's Force Index (EFI) measures the power behind a price movement using price and volume • Money Flow Index (MFI) measures buying and selling pressure through analyzing both price and volume (used as it is) • On Balance Volume (OBV) , created by Joe Granville, is a momentum indicator that measures positive and negative volume flow • Price Volume Trend (PVT) is a momentum based indicator used to measure money flow Plotting will be performed for regular RSI and RSI of Volume indicator (RSI(VOLX)) selected from the dialog box, where the possibility to apply smoothing is provided as option. Additionally, labels can be added optionally to display the value and name of selected volume indicator Secondly, ability to present Volume Histogram within the same study along with its Moving Average or Volume Oscillator based on selection Finally, Volume Based Colored Bars , a study of Kıvanç Özbilgiç is added to emphasis volume changes on top of the bars Nothing excessively new, the study combines RSI with; - RSI concept applied to some of the common Volume indicators presented with a highlighted over/under valued threshold area, optional labeling and smoothing, - added Volume data with additional information and - colored bars based on volume Thanks @Vishant_Meshram for the inspiration 🙏 Disclaimer: Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely The script is for informational and educational purposes only. Use of the script does not constitute professional and/or financial advice. You alone have the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script

BERLIN Renegade - Entry and Exit This is the entry and exit part of a larger algorithm called the "BERLIN Renegade". It is based on the NNFX way of trading, with some modifications. For entry, it consists of Modified Chaikin Oscillator and Advanced MACD. The Advanced MACD is not available on its own, but all others are publically available. For exit it consists of the DIDI Index and the QQE line (original idea by Jie). Special thanks to Michael Kuczynski for the idea to include the FTLM digital filter. Long signal: Green bars (upper and lower are both green) Short signal: Red bars (upper and lower are both red) Exit signal: Purple bars (bottom) - DIDI Index with QQE line

Distribution Blocks This idea has been created by the combination of the two existing systems as a result of my efforts to create a distributional buying and selling guide that has plagued my head for a long time. 1st idea is Accumulation / Distribution Line : 2nd idea is Distribution Day : These two ideas, the intellectual assistance of professional brokers, and my observations of cot data played a role in the formation of this idea. Let's start. No matter how often we divide our risk, both our minds are not comfortable and our capital may end at any moment, and if we do not use professional systems, our chances of success are 50 percent. If we take this system as an aid to our classic systems, we can determine the amount of risk with those predictions and gradually trade. If we don't use leverage and we have a little predictive ability, our chances of success go above 50 percent. But for the first time, we can keep our first lot very low and increase the number of positions in the same order of orders (example: buy and buy and buy). If we keep the first amount low, the folds won't hurt us. When we catch up with the trend, purchases with larger position sizes than lower prices lower our average price, so that we can make a good profit when the rising trend starts. By accepting the zone changes as the reset point just like in the martingale system, we enter the folds in the new zone with our first lot weight. Although we cannot catch the trend, we determine the stoploss level by adding the first point we entered or the first point we entered and the commission cost. In fact, this method is the method of buying and selling very large traders and producers, banks, pro-brokers, hedge funds and in other words the new popular phrase "whales". Because if he trades otherwise, he cannot find buyers because his goods are too big. I like the comfort of mind in this way. Finally, your methods separating the negative and positive regions (macd, rsi, interpretation observation etc.) the stronger you are, the higher your success rate. I think the Accumulation Distribution method is very successful, but it can be adjusted for the period. I can't wait to integrate my relativity system on this. And when my deep learning series is over, I will integrate them on ANN series and share them publicly. To start with, I can say briefly. If your capital is 100: (first lot + (increase multiplier * first lot) + (increase multiplier * increase multiplier * first lot) + .....) = 100 I tell you that you can have the same position in this series 10 - 15 times, this will help you decide how small a position size is to be used as the starting rate and choose a low increment multiplier! I think that this idea cannot be converted into strategy, because when our expectations come true, we may want to free all positions and start again.And I think that's better. And in sudden movements and developments we take action with different expectations. I'm going to talk about this script's calculations and profits on educational ideas. Regards , Noldo.

Divergences (any input)See the code comments on how to add your own input