Hello traders My way to fight this situation is to stay productive. Hope some of my scripts will help you out as most of us are locked-down at home, hence have more time for trading - and preparing ourselves when the sun will shine on us again I - Concept This is an upgrade of this script which captured only the regular divergences This screener detects...
Hello traders I hope you're all hanging on at home with what's going on these days... The good news is.... it gives us more time to trade ^^.... #positive #attitude I - Concept This screener detects whether the regular RSI divergences based on the TradingView Divergence built-in indicator (made by the gentleman @everget I believe) With this screener, you can...
Hi Guys, This indicator gives you the trend changes (Designed with the basics of Vash's RSI advanced and the Fikira divergence indicator) This indicator will only give you regular divergences. Please keep in mind that a trading plan is not only built with momentum but also with location and structure. Good trading,
RSI of MAs is designed to calculate the moving average for a specific period, and then take the RSI of that value. This script allows the user to select which moving average they would like to utilize for the calculation, as well as customizing how the Signal Line is calculated. There are many combinations available and you will need to tune the indicator to fit...
It's an RSI indicator combined with Bollinger %B. This way you just need to check if it is above 1.0 or below 0.0 (Outside Bollinger Bands). You can choose the moving average method used by RSI.
This is a simple RSI indicator that overlays the current chart to show labels for specified oversold and overbought areas defined with inputs. It will delete any labels of the same kind within the last 3 candles so you don't see as many labels as you would otherwise. Red labels with white text represent overbought RSI levels as defined by the user. Green labels...
A combination of RSI and Stochastic using default settings. - RSI or Relative Strength Index is the white line. - Stochastic %K is the aqua line - Stochastic %D is the orange line - The purple rectangle is the RSI range going from 30 (oversold) at the bottom to 70 (overbought) - The top dotted line indicates the price being overbought on the stochastic - The...
Williams %R + EMA + RSI Un seul indicateur avec : - William %R - RSI - EMA - Une ligne médiane - Les étiquettes des indicateurs
This is an indicator I've been playing with for a while, based on my previous MACD w/ RSI Warning indicator. This one takes it a step further, including information from MACD, RSI, ADX, and Parabolic SAR. These four indicators are represented in this indicator as follows: MACD: The histogram itself is a normal MACD histogram. Nothing strange about it, and you...
This script creates a RSI in a candle format so you can see the RSI Change in a candle format and compare it with the actual price candle. When Price goes into RSI zone you can see the shape of all price values (open, high, low, close) in RSI format This is a variation to ROC candles where you can see the RSI change in a candle format. Change the RSI to any other...
Laguerre RSI is based on John EHLERS' Laguerre Filter to avoid the noise of RSI. Change alpha coefficient to increase/decrease lag and smoothness. Buy when Laguerre RSI crosses upwards above 20. Sell when Laguerre RSI crosses down below 80. While indicator runs flat above 80 level, it means that an uptrend is strong. While indicator runs flat below 20 level, it...
You can use this indicator to get multiple RSI's at the same time. This strategy occupies 1 indicator in the place of 3. Just change the time period (value of the RSI), colour according to your wish/needs by clicking the Settings
Summary Script highlights the divergences in RSI worth taking notice of. By comparing current envionment to relative sample we can see more than the standard divergences that many catch through analysis. This framework aims to remove the bias or noise many see when looking for any supporting evidence to their given emotion on a market. Step-by-Step...
Cycles represent relatively smooth fluctuations with mean 0 and of varying period and amplitude, their estimation using technical indicators has always been a major task. In the additive model of price, the cycle is a component : Price = Trend + Cycle + Noise Based on this model we can deduce that : Cycle = Price - Trend - Noise The indicators specialized...
This script does two things: 1- Highlights extreme levels on RSI 2- Calculates what % of the time, price closed higher (lower) with some minimum threshold when RSI was below oversold (overbought) level in a predefined number of bars. I use this to understand if buying the dip/selling the rip works for a security and on what time frame and if it could be a...
This script highlights the indicator background when the RSI exceeds oversold and overbought thresholds making it easier to spot them. Good for strategies that rely on extreme RSI readings
Bias And Sentiment Strength (BASS) Indicator is designed to be a quick visualization as to the market strength. Pair with Alligator, MACD, or Moving Average lines on your chart for good results. How to use this indicator: Blue above 0 is positive sentiment, red below 0 is negative sentiment. If you have blue above and red below, be cautious! The Bass is telling...
Let's take the classic Relative Strength Index (RSI) and give it couple of modern upgrades - the results are better visuals with improved signals and trade decision support: Options and features: - Dual period: look at the short term RSI vs a backdrop of a longer period RSI (expressing the longer-term "prevailing sentiment") - get clearer "re-entry" points in...