RSI with Smoothing and over-areas colored

Bitcoin / U.S. dollarBitstamp

詳細

⋅ 2019年5月31日午後4時55分

I have noticed that lower length-values for RSI give much better signals for day and swing trading than default 14 bars back period. Also smoothing the RSI line by using moving average method reduces some of the noise/fake turn-backs.
Here you can change:
- bars back of RSI (default 4)
- smoothing the line (default 3)
- bars colorization of RSI's uptrend and downtrend (default ON)

I encourage you to play around with parameters to fit your favourite intervals best way.

If you would like to have BUY and SELL signals same as on the chart above, here you have my complementary script for that:
tradingview.com/script/C9vhzjnx-RSI-with-Smoothing-and-over-areas-colored-ARROWS-BUY-SELL/

リリースノート

⋅ 2019年6月2日午後7時2分

Now you can manually set the values for over bought/sold areas (default is 70 and 30).

リリースノート

⋅ 2019年12月7日午後6時48分

- 50% line added on osscilator
- default candles colorization is now off
There is new BUY/SELL Arrows script avaliable, much better than previous one. Here you have the link: pl.tradingview.com/script/HimY33wV/

hmmore

⋅ 2021年9月6日午後4時53分

👍👌 but Option required for time frame

hiddenpablo

⋅ 2021年9月6日午後4時54分

@hmmore, Just change timeframe, coding other TF on script may cause repainting.

dilace

⋅ 2019年6月1日午後7時19分

nice :)

cezar99btc

⋅ 2020年11月14日午後2時30分

10/10

詳細