RSI with overbought and oversold area in color and editable level. visually more interesting than the basic version the overbought and oversold areas catch the eye quickly. Depending on the strategies and your personal use of the RSI, you can modify all the lines and add colors to each defined zone.
overbought zone, oversold and editable noise zone
This simple indicator measure the difference between price and VWAP line
The VWAP Gap indicator works best on intraday charts
1. Add VWAP to your chart and set it up
2. Open "VWAP Gap Indicator" settings
3. Change source to "VWAP"
This is a very simple but quite powerful indicator which looks at the RSI simultaneously over the 4h, Daily and Weekly timeframes, and places bands on the chart when one or more timeframes move into oversold/overbought territory. For further filtering I use the 200 day SMA to determine if we are in a Bull or Bear market, which puts a bias on the RSI (30/80 in a...
Here is an open source (no request needed!) version of the Self-Adjusting RSI by David Sepiashvili.
Published in Stocks & Commodities V. 24:2 (February, 2006): The Self-Adjusting RSI
David Sepiashvili's article, "The Self-Adjusting RSI," presents a technique to adjust the traditional RSI overbought and oversold thresholds so as to ensure that 70-80% of RSI...
This is a simple script that allows you to plot when the K% or D% line of the Stochastic RSI crosses into overbought or oversold territory.
1) Add the script to your chart and click the gear to open the settings
2) Select the Stochastic RSI source (Close, Open, High, Low, etc.)
3) Select the Stochastic RSI length (default: 14)
4) Select the %K...
Attempts to find higher highs and lower lows in the 5 minute window. When the light blue graph line peaks , you should investigate selling , when the light blue graph line dips you should investigate buying.
This is good for identifying oversold and over bought positions
To know if we are in range, I recommend my other indicator "Trend Channel Gu5"
Stochastic shows overbought / oversold
Para saber cuando no hay tendencia y estamos en rango, recomiendo usar mi indicador "Trend Channel Gu5"
El cruce de K & D nos muestra cundo el mercado esta en sobre-compra o sobre-venta
Las alertas con banderas ayudan a visualizar mas...
Script to visualize the overbought and oversold condition on multiple timeframes. Good way to determine when you have a lower risk for enter a trade or to determine when you need to be on the lookout to sell.
This is a breakout signal script based on reverse engineering of RSI. It shows a channel of overbought and oversold readings that the trader can sett in settings. When low crosses under lower line it shows bullish signal and when high is crossing upper line it shows a bearish signal. The script also has wilder's moving average as filter instead of high/low.
Visualize on your chart when price in an oversold or overbought zone. A combination of Rsi and Stochasticrsi is used for higher probability. Wait for an zone to be displayed and then wait for price to exit a zone. Once this happens check candlestick patterns and support/resistance "lines" to find appropiate stoplosses for you entry or exit