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Derivative Oscillator

The technical indicator is a more advanced version of the relative strength index (RSI) that applies moving average convergence-divergence (MACD) principles to a double-smoothed RSI (DS RSI) indicator. The indicator is derived by computing the difference between a double-smoothed RSI and a simple moving average (SMA) of the DS RSI. The indicator's intent is to provide more accurate buy and sell signals than the standard RSI calculation. 


The MACD is derived by subtracting the 12-period exponential moving average (EMA) from the 26-period EMA. It is in this way that the derivative oscillator uses MACD principles, since the derivative oscillator is also derived from subtracting the SMA from the double smoothed RSI.

The indicator can be used on any time frame.
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The indicator detects and displays Shark harmonic pattern (see the screenshot). The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by a pop-up window, a mobile notification and an email. The indicator highlights the process of the pattern formation and not just the complete pattern. In the former case, it is displayed in the contour triangles. After the pattern is comple
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MACD divergence indicator finds divergences between price chart and MACD indicator and informs you with alerts (popup, mobile notification or email). Its main use is to find trend reversals in the chart. Always use the divergence indicators with other technical assets like support resistance zones, candlestick patterns and price action to have a higher possibility to find trend reversals. Three confirmation type for MACD divergences: MACD line cross zero level Price returns to previous H/L Creat
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The Moving Average Convergence Divergence (MACD) trading strategy is a popular technical analysis tool that is used to identify changes in momentum and trend direction. The MACD is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA. A 9-period EMA, called the "signal line," is then plotted on top of the MACD to act as a trigger for buy and sell signals. The MACD is considered to be in bullish territory when the MACD line is above the signal line an
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The presented indicator marks signals on the price chart with arrows in accordance with the data of the  T3 Momentum AM  indicator. The indicator gives a signal and sends a notification to the mobile terminal and email. The indicator is part of a series of indicators - T3 Line AM, T3 Momentum AM, T3 Candles AM, T3 Signal AM . For a better understanding of the operation of each of the indicators, it is recommended to start working with them by using them together on one chart. The T3 Momentum AM
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The indicator displays the signals of the RSX oscillator on the price chart. (To display these signals in a separate window, along with the oscillator, another indicator is used -  RSX Osc 4 AM ). It is optimal to use the indicator signals as signals to open a trade when the price overcomes the maximum or minimum of the bar at which the signal was given. An opposite signal cancels the previous signal. Settings: Data period for indicator calculation - data period for indicator calculation; Data
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RSI Signal 2 AM
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This indicator displays the moment when the RSI oscillator crosses the zero value, and the moment when the RSI oscillator crosses its smoothed value. Crossing the zero value by the RSI oscillator is a buy/sell signal. If the RSI oscillator crosses its smoothed value, it is a signal of a trend change. The signal is given after the end of the formation of the candle. The signal is confirmed when the price crosses the high/low of the bar on which the signal was given. The indicator does not redraw.
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The indicator detects and displays М. Gartley's Butterfly pattern. The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by the pop-up window, a mobile notification and an email. The pattern and wave parameters are displayed on the screenshots. The default parameters are used for demonstration purposes only in order to increase the amount of detected patterns. Parameters
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Sergey Bocharov
Forex trend has always been a friend of traders, and trend indicators help determine the trend and make the right decisions. Most of the trading systems developed by trading gurus are based on the trend. It is best used on timeframes above the M30, from the beginning of the London session to America. It should be remembered that there are no indicators that are not wrong. Any strategy requires confirmation of its signals. When building your own system, it is recommended to use several indic
Trend reversal indicator, no repainting. Clean and light rendering There is no alternative buy-sell signal without taking into account the trend. Noise filtering capability. Works with all pairs. Ideal for beginners and experienced traders It is best used on timeframes above the M30, from the beginning of the London session to America. It should be remembered that there are no indicators that are not wrong. Any strategy requires confirmation of its signals. When building your own system, it
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