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UPRIGHTTrading
5 okt 2021 03:12

M.Right_ OBV / Volume Smoothed RSI & 3 RSI EMAs 

SPDR S&P 500 ETF TRUSTArca

Beskrivning

First, I'd like to thank all those coders who've inspired me to learn and code my own indicator. This is the result of tireless hours of work learning to code and tweaking until everything fits exactly what I was looking for. After using it for a while and seeing the benefits personally, I figured now might be a good time to share with everyone while we are in such great market volatility , maybe I can save you some losses.

Basically, my indicator is meant to use RSI, Volume, and Volatility to show where oversold and overbought levels are, but also good times to buy and alerts.
I've tried to make my indicators as customizable as possible with all the bells and whistles you'd expect, but to have Proprietary calculations under the hood that you probably won't find anywhere else.

This indicator is a great pair with my Top and Bottom Finder.
tradingview.com/script/xxRRR9GG-M-Right-Top-Bottom-Finder-1-0/

Features:
Works on all timeframes.
Alerts.
Background highlights.
Buy/Sell signals and arrows (with the option to remove them).

Let me know if you have any questions, and enjoy.

Cheers,
Mike

Versionsinformation

Updated to v5

Versionsinformation

  • Added more arrow customization.
  • Optimized calculations.
  • Removed less accurate arrows by default.
  • Improved appearance.
    [*}More accurate signals.

Versionsinformation

  • Added recommended timeframe and default adjustment.
Kommentarer
UPRIGHTTrading
Please Note: The triangle is a soft indicator, the full arrow is another soft indicator, if they are on top of the other one it's a stronger signal. B and S signals are Strong Buy and Sell signals on their own (strengthened further by one of the other arrows).
UPRIGHTTrading
Note: this is a standalone indicator, but can be paired with my Top & Bottom Finder.
Gabit89
Thank you dear friend for the wonderful script, please tell me on which timeframes it works better and in which markets, what additional settings they give, they work as signal filters. Thanks bro.
UPRIGHTTrading
@Gabit89, Hi friend, I added a tooltip to answer best timeframes question (30 minutes+), but of course you can use at any timeframe. As far as which markets - any market (crypto, forex, stocks, etc). The default settings I find to be most accurate, but you can add more signals, which might get you an earlier signal. Overbought and oversold are the signals they're working with, just like any RSI. It's just more advanced. My Premium version of the Top and Bottom Finder incorporates these signals and also helps to find the bottom or top with exceptional accuracy. Thank you for the question bro
Mer