Smart Disparity IndexThe Smart Disparity Index (SDI) is an optimized version of the Disparity Index indicator invented by Steve Nison (book "Beyond Candlesticks").
According to Steve Nison, "The disparity index (or disparity ratio), compares, as a percentage, the latest close to a chosen moving average", which means that the indicator gives the difference in % between the closing price and a simple moving average.
The calculation formula is therefore as follows:
Disparity Index = 100 x (closing_price - simple_moving_average) / simple_moving_average
In order to optimize the calculation, I replaced the closing price with the 6-period exponential moving average (EMA6) which, according to many years of experience, allows prices to be smoothed by eliminating excesses.
Formula for calculating the Smart Disparity Index:
SDI = 100 x (EMA6 - simple_moving_average) / simple_moving_average
The provided script displays the SDI for the 20, 50, 100 and 200 periods.
From my point of view, I recommend using the SDI50 as a priority:
SDI50 = 100 x (EMA6 - SMA50) / SMA50
In the chart, we can see the SDI50 (in purple) is on a long-term support (in green), this indicates a probability of a Bitcoin rise in the coming months.
The SDI can also be used as a momentum type indicator.
Disparity
Baekdoo multi cumulative disparityHi forks,
I'm trader Baekdoosan who trading Equity from South Korea.
This Baekdoo multi cumulative disparity indicator is using disparity, relative position will be shown in one glimpse.
The idea is this.
1. make disparity function which value is 0 when it is equal to the value.
2. adding multiple disparity in many MA
3. keep track when it crossover 0, check that as buy position
This can be applied to day candle as well as minute candle.
hope this will help your trading on equity as well as crypto. I didn't try it on futures . Best of luck all of you. Gazua~!
Disparity Index Optimized for BTC_USD by M.YALCINThe disparity index measures the relative position of an asset's most recent closing price to a selected moving average and reports the value as a percentage.
A value greater than zero—a positive percentage—shows that the price is rising, suggesting that the asset is gaining upward momentum. Conversely, a value less than zero—a negative percentage—can be interpreted as a sign that selling pressure is increasing, forcing the price to drop. A value of zero means that the asset’s current price is exactly consistent with its moving average.
The disparity index is a momentum indicator that indicates the direction an asset is moving relative to a moving average.
Large moves in either direction for the index may foreshadow that a price correction is ahead, i.e., whether the asset is overbought or oversold.
[BullShow]BollingerBands_Deviation StrategyHello Everyone.
Are you enjoying this crazy bull market?
I want to Introduce very classic and simple but powerful strategy.
My strategy is using Bollinger Bands. Yes! It's the indicator that everyone knows and uses.
First of all, let's look at how Wikipedia defines the Bollinger Bands.
Bollinger Bands - Wikipedia
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Introduce
Bollinger Bands (/ˈbɒlɪnjdʒər bændz/) are a type of statistical chart characterizing the prices and volatility over time of a financial instrument or commodity, using a formulaic method propounded by John Bollinger in the 1980s.
Purpose
The purpose of Bollinger Bands is to provide a relative definition of high and low prices of a market. By definition, prices are high at the upper band and low at the lower band. This definition can aid in rigorous pattern recognition and is useful in comparing price action to the action of indicators to arrive at systematic trading decisions.
Interpretation
The use of Bollinger Bands varies widely among traders. Some traders buy when price touches the lower Bollinger Band and exit when price touches the moving average in the center of the bands. Other traders buy when price breaks above the upper Bollinger Band or sell when price falls below the lower Bollinger Band. Moreover, the use of Bollinger Bands is not confined to stock traders; options traders, most notably implied volatility traders, often sell options when Bollinger Bands are historically far apart or buy options when the Bollinger Bands are historically close together, in both instances, expecting volatility to revert towards the average historical volatility level for the stock.
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However, the use of the Bollinger Bands described on the website is only very abstract without precise guidelines.
So, by calculating the deviation of the 20-days moving average line, the center line of the Bollinger Bands, I chose a strategy to buy when the deviation starts to widen and sell when the separation starts to narrow again.
As a result, I found a strategy that would give you a decent return.
Due to the nature of the strategy, trades in the box zone are frequent, so the win rate is small, but when the price trend is confirmed, you can get a big profit.
Therefore, you can expect good returns from pair with a clear trend rather than pair that trade frequently in the box zone.
If you are interested in my strategy, Use the link below to obtain access to this indicator or PM me to obtain access
Thank you for your supporting.
안녕하세요 여러분.
이 미친 강세장을 즐기고 있습니까?
매우 고전적이고 단순하지만 강력한 전략을 소개하고 싶습니다.
제 전략은 볼린저 밴드를 사용하는 것입니다. 예! 모두가 알고 사용하는 그 지표입니다.
그러나 웹에서 설명하는 사용 방법은 정확한 지침없이 매우 추상적 일 뿐입니다.
따라서 저는 볼린저 밴드의 중심선 인 20 일 이동 평균선의 편차를 계산하여 편차가 확대되기 시작하면 매수하고 편차가 다시 좁아지기 시작하면 매도하는 전략을 선택했습니다.
결과적으로, 나는 당신에게 적절한 수익을 줄 전략을 찾았습니다.
전략의 특성상 박스 존에서의 거래가 빈번해 승률은 적지 만 가격 추세가 확인되면 큰 수익을 얻을 수 있습니다.
따라서 박스 존에서 자주 거래되는 패어보다는 명확한 추세의 패어에서 좋은 수익을 기대할 수 있습니다.
전략에 관심이 있으시거나 사용을 원하신다면 아래를 참고 해 주시거나 PM을 보내주세요.
감사합니다.
Back Testing
*initial_capital: $10000
*default_qty_value: 100%
*commission_value: 0.1%
*Period: 2017.01.01~
Profit
BTCUSD: 3109%
ETHUSD: 11160%
YFIUSDT: 823.88%
ZILUSDT: 570.84%
BNBUSDT: 937.18%
LINKUSDT: 471.41%
*Due to the nature of the strategy, a pair with a strong trend yields better results.
*전략 특성상 추세가 강한 패어에서 더 좋은 결과를 도출합니다.
*Optimized for a 4 hour time frame and a 12 hour time frame.
*4 시간 시간 프레임과 12 시간 시간 프레임에 최적화되었습니다.
Negative Volume Disparity IndicatorThe Negative Volume Disparity Indicator was created by Phillip C. Holt (Stocks & Commodities V. 14:6 (265-269)). This converts the classic Negative Volume indicator into Bollinger Bands and calculates the percentage of where the value lies within the Bollinger Bands. Buy when the nvdi rises above its signal line and sell when it falls below the signal line.
The OBVDI was a special request so I figured I would add this one as well. Let me know what other indicators you would like me to write scripts for!
On Balance Volume Disparity IndicatorThe On Balance Volume Disparity Indicator was created by Phillip C. Holt (Stocks & Commodities V. 14:6 (265-269)). This converts the classic OBV indicator into Bollinger Bands and calculates the percentage of where the value lies within the Bollinger Bands. Buy when the obvdi rises above its signal line and sell when it falls below the signal line.
This was a special request so let me know what other indicators you would like me to write scripts for!
Combo Backtest 123 Reversal & CMOaDisparity Index This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
The related CMOaDisparity Index article is copyrighted material from Stocks & Commodities Dec 2009
My strategy modification.
WARNING:
- For purpose educate only
- This script to change bars colors.
Combo Strategy 123 Reversal & CMOaDisparity Index This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
The related CMO Disparity Index article is copyrighted material from Stocks & Commodities Dec 2009
My strategy modification.
WARNING:
- For purpose educate only
- This script to change bars colors.
CMOaDisparity Index Backtest The related article is copyrighted materialfrom Stocks & Commodities Dec 2009
My strategy modification.
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
CMOaDisparity Index Strategy The related article is copyrighted material from Stocks & Commodities Dec 2009
My strategy modification.
WARNING:
- This script to change bars colors.
Disparity Index [DW]This is an iteration of Steve Nison's Disparity Index that includes 5 different moving average types to choose from.
Disparity IndexDisparity Index
The related article is copyrighted materialfrom Stocks & Commodities Dec 2009
