Financial Astrology Vesta HarmonicsVesta (asteroid) Harmonics indicator represent the tropical zodiac energy forces that develop through the course of Vesta in the tropical zodiac wheel. The waves indicates the strength of cardinal energy (initiator) and this forces seems to correlate well with the most relevant pivot points. In Financial Astrology, Vesta rules the creative energy, aspirations, goals and security business
Note: The Vesta Harmonics indicator is based on an ephemeris array that covers years 2010 to 2030, prior or after this years the data is not available, this daily ephemeris are based on UTC time so in order to align properly with the price bars times you should set UTC as your chart timezone.
Wavetrading
WaveTrend Anomaly by HypesterAs requested by the Alpha community, here's our release.
This is a different type of Wavetrend indicator; here, we have a statistical approach to the waves. We normalize the trends as a reference to measure how much every move differs from the average.
If the move is too far out, it tends to go back to the average as a rule. This indicator yields a %. As you can see, most of the moves tend to stay within 0.5 and -0.5. Remember the fact that 0.5 means 50%, the negative factor here only determines direction.
Funny the fact that most crossings happen within the 0.5 and -0.5, which means they occur before the odds are against them all the time. That highlights the chaotic nature of the markets.
However, the outliers, the moves that extrapolate the 50%, tend to go back to the average quickly, and the big triangles highlight this crossing.
You can also display every single crossing and its direction in the options panel.
There're more customization capabilities in the panel, too, like length, source, and so on.
Now to the background color options, when it's green, we have a confirmed bull movement, and red is a confirmed bear.
The area oscillator is the slope between the fast and slow oscillator lines. Here you can see when the trend is reversing or losing its strength. The orange slope color happens when you have a bearish trend, for instance. The yellow slope happens with a bull trend but a negative momentum. By mixing the colors, you can evaluate if it's strong enough for a full reversal and so on.
This same approach could be handy to spot bottoms and tops.
Momentum DivergenceTrading Divergence based on Momentum (Indicator below), If you want to make this a strategy i would use all those indicators above for extra confirmation.
"Momentum Divergence" indicator includes the following:
-"Momentum Waves" (blue waves)
-"Stochastic RSI" color change (green/red lines)
-"RSI" (purple line)
-"Money Flow Index" (green/red bar below)
-"Volume Weighted Average Price" ( (yellow/red areas ) (not included yet, but i will include it soon))
Green/Red circles added for possible trend Reversals
Alerts can be set on those Green/Red circles
How to Trade:
Draw Divergence between waves as shown on the chart for LONG/SHORT position (From a Big Wave to a small Wave ... The big Wave MUST be above Blue line in order to draw a divergence line (60 Threshold))
When to Sell:
There is no specific way to exit but with support/resistance zones will help to exit position AND the other indicators will help too (DONT GET GREEDY)
More info:
Since this is a combination of oscillators it should work in any time frame.
-MUST use Heikin Ashi candles.
Coming updates:
-Include VWAP
-Automatic draws divergence between HH HL LH LL waves with pine script version @4
Persons Pivot PointsThis script is the known Persons Pivots Calculation and plots the trend based on its stregnth
Red means Sell
Green means Buy
This script is a request from Shawn
