This script uses a DMI, Stochastic , and one RSI , when they are all overbought or oversold (also applying price action and looking for bounce points) we can obtain a greater probability that the price will go in the direction we expect This script is compact, which can be very useful for many traders Default...
Flag to indicate a good time to consider taking profit if you are in a long position. The indicator will show a green diamond in an uptrend where the price is overbought and could pull back. Conditions for flag: Price above 20MA 20MA above 50MA 50MA above 200MA RSI > 70 Close price is far from 20MA (about to pull back and overbought) All inputs configurable in...
Idea was developed from Larry Connors RSI2. The 2-period RSI strategy is a fairly simple mean-reversion trading strategy designed to buy or sell securities after a corrective period. You should look for buying opportunities when 2-period RSI moves below Lower Band (5), which is considered deeply oversold. Conversely, you can look for short-selling opportunities...
A modified version of SRSI For some reason i had an idea to apply Bollinger Bands to my RSI but it never really worked so i decided to do something that gave me the exact context i wanted to see and that was a dynamic range that moved with the RSI Instead of your standard fixed 80-20 Its simple Same concepts apply as a regular RSI What is key to know is...
This script is a modified version of the Relative Strength Indicator ( RSI ). While using RSI to trade the markets, the signals generated are very choppy. Approach 1. One way to reduce this noise is to use a higher period for the RSI calculation. (say 20 instead of 14 period). In this approach, the valid signal comes quite late. Approach 2. My unique...
This script displays the Stochastic and Relative Strength Index ("RSI") indicators. Each indicator can be displayed standalone or shown together. The Stochastic indicator also has functionality to highlight overbought/oversold levels as well as relative placement of K and D. The RSI indicator can also be updated to utilize the Arnaud Legoux Moving Average...
The ATR Auto Oscillator uses advanced range calculations to determine a dynamic range that the applied market moves within. Like an RSI , the ATR Auto Oscillator measures the speed and change of price movements through a given range. Unlike an RSI , the ATR Auto Oscillator automatically re-configures range values dependent on the user set lookback. The...
This study draws a trend line for the last two Bill Williams up-fractals and down-fractals. Trend line break signals and alerts can optionally be added.
Adaptive Relative Strength shows a line of relative strength with a moving period in relative to Nifty 500 for Indian Market, by default its 45 days but you can change as per your need or change relative symbol as per your need.
Sharing RSI Screener. It shows RSI Situation for 12 Stocks. User can replace the stocks as per their respective exchange User can select 3 Time Frames of his/her choice User can change the OverBought / OverSold Values to 70/30. This indicator uses 80/20. RSI BELOW 50 = PINK COLOR OVERSOLD = MAROON COLOR RSI ABOVE 50 = LIGHT GREEN COLOR ...
share the USD group strength to compare the strength between pairs in USD group. The 8 group could composite to a 8 screens of currency to look at whole situation. If needed, the following currency is going on release.
pine implementation of John Ehlers RSI smoothing trick for more info refer www.stockspotter.com
RSI BAR COLOR 1) White - looking for a long 2) Orange - looking for a short 3) Gray - think //----------- 1) Белый - ищем вход в LONG 2) Оранжевый - ищем вход в SHORT 3) Серый - думаем
Dear all, If you like this indicator please hit the like button and do follow me. It takes lot of effort & calculations to bring some good strategy on charts. Keep Supporting & will update this indicator regularly. Z+ Trend Finder Pro🚀 by Zia 💎 a combination of RSI+MACD+SMA Z+ Trend Finder Pro is a 3in1 Indicator for Crypto, Stock Market & Forex Trading. ...
There are many indicators of overbought/oversold conditions out there. Some of more common ones are: - Bollinger Bands %B - Money Flow Index (MFI) - Relative Strength Index (RSI) - Stochastic This script uses a combination of these 4 oscillators to confirm overbought/oversold and filter the signals of market reverse which could be used for trading binary...
Dear Trader, Walter Bressert started with cycle trading and published is findings in different books. In one off his documents "Timing is everything, The Cycle Trading Pattern" he's using a very simple oscillator. This oscillator called RSI3M3. The RSI3M3 is a 3-bar RSI smoothed with a 3-bar moving average. Oscillator/Cycle Combinations that Identify Trading...
A script that takes into account both the RSI and EMA for the Bitcoin/BUSD chart and colors candlesticks depending on their value.
Avenger 1.1 - Personal Micro Finance What is the Avenger? This indicator costs a simple 14 period RSI a cloud for it and then we have configurable over-sale and over-sale levels. There is also a tunnel which if the RSI crosses the 55 level it would buy and if it falls below the 45 level it would sell. As a bonus, Critical Volume is added, which indicates the...