Overview RSI SMA Crossover Strategy works the same way as traditional MA crossover strategies, but using RSI instead of price. When RSI crosses over the SMA, a long position is opened (buy). When RSI crosses under the SMA, the long position is closed (sell). This strategy can be very effective when the right inputs are used (see below). Be sure to use the...
The RSI is an excellent indicator for determining when equities are overbought/oversold. Though I believe there is a shortcoming in using the 70/30 levels since they are static and do not adjust for when an equity is trending. It stands to reason that in a downtrend, the overbought might be less than 70 and the oversold less than 30—Vice versa for a bull trend....
Visual RSI This script provides a visual way to view RSI data. Sometimes it may be useful to view RSI data on the price chart instead of in a separate pane. This script enables the following configurable options: Plot shapes on the chart during key RSI events such as: crossing above or below the overbought or oversold level Color bars based upon the...
Description: A well-known and vastly used momentum indicator, a Relative Strength Index (RSI) by J. Welles Wilder Jr., aims to evaluate the current price to its oversold/overbought area while giving an overview of bearish/bullish momentum. In this indicator, simply adding the super-smoother function (John F. Ehlers) was applied to the RSI line to create a more...
Juirk-Filtered QQE Histogram is a QQE indicator with 7 different RSI types, Jurik-Filtering with the option of double filtering. 2 types of signals, and Loxx's Expanded Source types. These additions are useful to filter out noise. What is Qualitative Quantitative Estimation (QQE)? The Qualitative Quantitative Estimation (QQE) indicator works like a smoother...
Overview This strat applies the data from BITFINEX:USDSHORTS to the RSI indicator in order to provide SHORT/LONG entries as the number of contracts goes up and down. Although Bitfinex has lost relevance over the years its generally considered an exchange dominated by smart money rather than retail. I'd like to see if any insights can be gained by following...
Introduction The Crypto Force Index (CFI) indicator helps us understand the current strength and weakness of the price. It is very useful when used on high timeframes for investment purposes and not for short term trading. To determine the strength and weakness of the price, a level grid based on the RSI indicator is used. Based on the RSI value, red circles...
This indicator draws support line and resistance lines in the price chart. How ? For drawing the support/resistance line we need to first determine the demand and supply. We are using too-familiar indicator RSI to determine when the script is oversold and overbought. Now oversold (in RSI) is not a point, it’s a zone. The RSI indicator comes below 30, stays...
It is a simple indicator that provides buy or sell signals based on the intersection of two EMAs and a simple moving average (SMA). once the Relative Strength Index has confirmed it. For greater accuracy, add additional indicators like stochastic RSI, MACD, etc. Use only for intraday trading, Not for Positional Trading
This plots the overbought and oversold (70 and 30) levels from RSI on price, there are often levels where a market will bounce or retrace/reverse. By default it shows 15 min, 60 min and 4 hour levels but I intend to make these configurable along with some other stuff. For now it works how I use it, nice and simple
This strategy uses a trend based indicator (MACD) for entry/exit signals with a momentum oscillator (RSI) to act as confirmation. Although relying on a trend based indicator this has been created for range bound crypto markets, which have been in a period of chop since June 2022. Long/Short signals are generated from MACD with the RSI oscillator thresholds...
The purpose of strategy is to detect long-term uptrend and short-term downtrend so that you can easy to take profit. The strategy also using BHD unit to detect how big you win and lose, so that you can use this strategy for all coins without worry about it have different percentage of price change. ENTRY The buy order is placed on assets that have...
RSI Hull Trend is a hybrid indicator with RSI of HULL Signal. The Hull MA is combined with RSI to see if the Hull MA Buy/Sell Signal is in overbought or oversold condition. Buy Sell Signals are plotted based on settings of OB/OS or RSI. This indicator is very useful to see if the Trend is in Exhaustion or Beginning of a Trend. Entry and Exit conditions can be...
This strategy is commonly used both in forex and stock markets for reversal trading. when the rsi line reaches and crosses simultaneously at 3 rsi setups i.e at 7, 14, and 21, a signal is generated. This strategy works best in 1-hour timeframe. It provides over 60 to 80 percent accuracy in 1-hour timeframe. In the stock market, this strategy provides an...
A great panel for crypto traders all in one table: Price, Volume, RSI, MACD, ADI, MOM 1) current symbol 2) BTCUSDT 3) NASDAQ 4) ETHUSDT 5) TOTAL2
This is the trader's dynamic index inspired by Steve Mauro's BTMM strategy. In addition to the RSI, Trendline, Baseline, Volatility Bands I have also included additional trend biases that are painted in the background to provide more confluence when the markets break out in either direction. For convenience, a position size calculator is included for all users...
Overlay mini-plots for various indicators. Shows current timeframe; and option to plot 2x higher timeframes (i.e. 15min and 60min on the 5min chart above). The idea is to de-clutter chart when you just want real-time snippets for an indicator. Useful for gauging overbought/oversold, across timeframes, at a glance. ~~Indicators~~ ~RSI: Relative strength...
This indicator normalizes the MACD and RSI indicators to a range between -1.0 and 1.0 so they can be displayed together on the same chart to save screen real-estate. While the MACD is a good indicator to detect trend changes, in some circumstances (such as a sideways range market) it can give false signals. The MACD is more likely to give a false signal when the...