farabitushib wrote: ↑

Fri Nov 06, 2020 7:09 am

Is there any classic tdi histogram type indicator that will show green and red bars like the HMA mountain ? Or tdi indicator looking like waddah attar explosion

rain wrote: ↑

Tue Nov 03, 2020 4:15 am

ChuChu Rocket wrote: ↑

Mon Nov 02, 2020 8:03 pm

DVan, why did you quote the post without a reply?

Also, Rain when you say "Shark Fin" do you mean the TDI "Hook" as mentioned in Page 1 of this thread?

Nope, a Shark Fin is where the RSI (green) goes outside of the blue bollinger bands, it often looks like a shark fin, but it shows overbought/oversold better. It would give less signals than the standard RSI red/green cross, but they're often a warning of a reversal coming up.
download.png
Here's an example. This one the shark fin happens right before the RSI cross happens, but sometimes the Shark Fin happens and signals a reversal at the exact right point while it take the green/red RSIs a few more candles to catch up.

whiteluggage wrote: ↑

Sun Nov 22, 2020 5:30 am

rain wrote: ↑

Tue Nov 03, 2020 4:15 am

Nope, a Shark Fin is where the RSI (green) goes outside of the blue bollinger bands, it often looks like a shark fin, but it shows overbought/oversold better. It would give less signals than the standard RSI red/green cross, but they're often a warning of a reversal coming up.
download.png
Here's an example. This one the shark fin happens right before the RSI cross happens, but sometimes the Shark Fin happens and signals a reversal at the exact right point while it take the green/red RSIs a few more candles to catch up.

i think this is an interesting idea.
i dont think need to code the shark fin pattern out but will this work ? when rsi value cross upwards the lower bollinger band, then alert buy. when rsi value cross downwards the higher bollinger band then alert sell?

rain wrote: ↑

Mon Nov 23, 2020 2:54 am

whiteluggage wrote: ↑

Sun Nov 22, 2020 5:30 am

i think this is an interesting idea.
i dont think need to code the shark fin pattern out but will this work ? when rsi value cross upwards the lower bollinger band, then alert buy. when rsi value cross downwards the higher bollinger band then alert sell?

YES! This exactly!

whiteluggage wrote: ↑

Sun Nov 22, 2020 5:30 am

rain wrote: ↑

Tue Nov 03, 2020 4:15 am

Nope, a Shark Fin is where the RSI (green) goes outside of the blue bollinger bands, it often looks like a shark fin, but it shows overbought/oversold better. It would give less signals than the standard RSI red/green cross, but they're often a warning of a reversal coming up.
download.png
Here's an example. This one the shark fin happens right before the RSI cross happens, but sometimes the Shark Fin happens and signals a reversal at the exact right point while it take the green/red RSIs a few more candles to catch up.

i think this is an interesting idea.
i dont think need to code the shark fin pattern out but will this work ? when rsi value cross upwards the lower bollinger band, then alert buy. when rsi value cross downwards the higher bollinger band then alert sell?

mrtools wrote: ↑

Mon Nov 23, 2020 4:40 am

rain wrote: ↑

Mon Nov 23, 2020 2:54 am

YES! This exactly!

Something like this. TDI Sharkfin.

mrtools wrote: ↑

Mon Nov 23, 2020 4:40 am

rain wrote: ↑

Mon Nov 23, 2020 2:54 am

YES! This exactly!

Something like this. TDI Sharkfin.

mrtools wrote: ↑

Mon Nov 23, 2020 4:40 am

rain wrote: ↑

Mon Nov 23, 2020 2:54 am

YES! This exactly!

Something like this. TDI Sharkfin.

ziapandorra wrote: ↑

Wed Dec 02, 2020 2:15 am

mrtools wrote: ↑

Mon Nov 23, 2020 4:40 am

Something like this. TDI Sharkfin.

Dear mrtools,
First thanks for your work on the idea.
But as you can check the arrow positions they have false direction. For example when priceline breaks below volatility band we see an up arrow.

ziapandorra wrote: ↑

Wed Dec 02, 2020 2:15 am

mrtools wrote: ↑

Mon Nov 23, 2020 4:40 am

Something like this. TDI Sharkfin.

Dear mrtools,
First thanks for your work on the idea.
But as you can check the arrow positions they have false direction. For example when priceline breaks below volatility band we see an up arrow.