OPEN-SOURCE SCRIPT
更新済 Double RSI For Kate
Double RSI for scalping and trend recognition. Green for longs, red for shorts. Based on close. ;)
リリースノート
Scalping filter double RSI with color change for bull bear. :)リリースノート
Double RSI KE Indicator: Enhanced Trend Detection Made SimpleThe Double RSI KE Indicator is a straightforward yet effective tool designed to enhance trend detection and improve trading decision-making. By combining two RSI (Relative Strength Index) calculations with different periods, this indicator provides a clearer view of momentum shifts and trend strength.
📊 How It Works:
The indicator calculates two separate RSIs:
RSI1: A faster, more sensitive RSI with a default period of 25 (user-adjustable).
RSI2: A slower, smoother RSI with a default period of 100 (user-adjustable).
The tool plots RSI1 and RSI2 on the same chart, using colors to indicate momentum shifts:
Green: RSI1 is above RSI2, suggesting bullish momentum.
Red: RSI1 is below RSI2, suggesting bearish momentum.
White Line: RSI2, serving as a baseline or trend filter.
💡 Why It’s Useful:
✅ Improved Trend Clarity: By comparing a fast and slow RSI, you can quickly determine whether short-term momentum aligns with the overall trend.
✅ Versatility: Works across various timeframes and markets, including stocks, forex, crypto, and commodities.
✅ Simple Yet Effective: Provides clear visual signals for trend-following and potential reversals.
📌 How To Use It Effectively:
Trend Confirmation: When RSI1 (green) stays above RSI2 (white), it indicates a bullish trend.
Reversal Detection: When RSI1 (red) crosses below RSI2, it signals a potential bearish reversal.
Customization: Adjust RSI1 and RSI2 periods to suit your trading strategy and timeframe.
The Double RSI KE Indicator is a simple, customizable tool that can enhance your ability to spot trends and reversals with precision. Perfect for traders looking to simplify their analysis without sacrificing reliability. 🚀
⚠️ Disclaimer:
The GTC Double RSI KE is a powerful tool designed to enhance your market analysis by providing real-time insights on market shifts. However, it is not a replacement for comprehensive market analysis or prudent risk management. Always combine this tool with thorough research, technical analysis, and a well-structured trading plan. Past performance is not indicative of future results. Trade responsibly.
リリースノート
Hey everyone! Thanks for checking out the GTC Breakout Scanner. I love making new scripts to help refine the trading process. If you would like access to my brightest ideas, click the link below!
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Double RSI KE Indicator: Enhanced Trend Detection Made Simple
The Double RSI KE Indicator is a straightforward yet effective tool designed to enhance trend detection and improve trading decision-making. By combining two RSI (Relative Strength Index) calculations with different periods, this indicator provides a clearer view of momentum shifts and trend strength.
📊 How It Works:
The indicator calculates two separate RSIs:
RSI1: A faster, more sensitive RSI with a default period of 25 (user-adjustable).
RSI2: A slower, smoother RSI with a default period of 100 (user-adjustable).
The tool plots RSI1 and RSI2 on the same chart, using colors to indicate momentum shifts:
Green: RSI1 is above RSI2, suggesting bullish momentum.
Red: RSI1 is below RSI2, suggesting bearish momentum.
White Line: RSI2, serving as a baseline or trend filter.
💡 Why It’s Useful:
✅ Improved Trend Clarity: By comparing a fast and slow RSI, you can quickly determine whether short-term momentum aligns with the overall trend.
✅ Versatility: Works across various timeframes and markets, including stocks, forex, crypto, and commodities.
✅ Simple Yet Effective: Provides clear visual signals for trend-following and potential reversals.
📌 How To Use It Effectively:
Trend Confirmation: When RSI1 (green) stays above RSI2 (white), it indicates a bullish trend.
Reversal Detection: When RSI1 (red) crosses below RSI2, it signals a potential bearish reversal.
Customization: Adjust RSI1 and RSI2 periods to suit your trading strategy and timeframe.
The Double RSI KE Indicator is a simple, customizable tool that can enhance your ability to spot trends and reversals with precision. Perfect for traders looking to simplify their analysis without sacrificing reliability. 🚀
⚠️ Disclaimer:
The GTC Double RSI KE is a powerful tool designed to enhance your market analysis by providing real-time insights on market shifts. However, it is not a replacement for comprehensive market analysis or prudent risk management. Always combine this tool with thorough research, technical analysis, and a well-structured trading plan. Past performance is not indicative of future results. Trade responsibly.
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オープンソーススクリプト
TradingViewの精神に則り、この作者はスクリプトのソースコードを公開しているので、その内容を理解し検証することができます。作者に感謝です！無料でお使いいただけますが、このコードを投稿に再利用する際にはハウスルールに従うものとします。
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。