First time so idk what I'm doing lel I use vervoot volatility bands, relative strength index, and volume to determine the color of the bar - that's it I have candle colors inverted - you can change the regular and indicator bar colors in the settings Meant to help identify risk on and risk off areas
This indicator alerts you only if there are divergences after price was oversold or overbought
Exchange: Kraken Timeframe: 5m Pair: ETH/USD If you use this for any other exchange or pair, you'll have to tweak the settings, most importantly are the trailing stop ticks. This strategy is currently in what I would call beta mode. It uses the volume weighted average price indicator, rate of change, two triple exponential moving averages and the relative...
This is a modified version of True Strength Index to fit the scalping trading style in futures market
This is a powerful tool if combined with other parameters. It's an advanced version of an RSI . It shows OB and OS conditions and price direction or shift of the trend. This indicator can be used in various ways with all markets. The current settings are designed to work with futures market. Combined with our TSI and Price action, RSI OBLIVION is the most...
Default overbought/oversold levels of RSI does not hold good for instruments which are trending well. It happens often that instruments keep trading in single half of the range for prolonged time without even touching the other half. This also came up often in tradingview pine chat discussions where I participate regularly. Hence, thought of creating this script...
This strategy uses a triple exponential moving average (Tema) and RSI to find buy points and uses stops, trailing stops and take profit to exit. Draft 1.
Another simple script to be added on top of other indicators. Simply provides a symbol of varying color depending on the value of the oscillator. Allows up to 4 different colors in each direction. Includes alerts conditions. Demonstration is the indicator being applied to the RSI (purple) included in Market Cipher B. To use, simply add it to your indicator, and...
This RSI implements the additional concept of "Range Shift" to accommodate speculative bias towards a Bullish, Strong Bullish, Bearish, or Strong Bearish outlook. Select the range bias in the settings and get better color coded feedback from the indicator.
Hi forks, I'm trader Baekdoosan who trading Equity from South Korea. This Baekdoo multi OverSold OverBuy colored candle will give you the idea of multiple indicators in one shot with colored candle. Those indicators tell us that oversold or overbuy statistically. For the color, you can freely change based on your comfort. For me, in Korea white candle has red...
This script will draw a live, updating-RSI on the main chart. As the price updates, the RSI line will self-adjust between the highest high an the lowest low for the RSI period. Settings/Customizations: RSI Length : Calculate RSI and draw RSI Line for specified period Overbought Level : Draw maroon box from OB level to highest high. Oversold Level : Draw...
Since my previous x4 multi timeframes Stochastic RSI script seems to have been appreciated, I decided to make a 2nd version of this tool which focuses on the RSI indicator only. Default parameters RSI length : 14 Timeframes: 5, 15, 60, 240 OB/OS zones : 70 & 30 Repaint mode: enabled Display lines: enabled Display screener: enabled Convergence...
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...
Combination of OBV and RSI. Use as RSI like normal way. You can add another indicator as Bollinger Band for more power .
The Parabolic Stop-and-Reservse (PSAR) is a trend indicator, intended to capture reversal signals and show entry and exit points. The PSAR is bullish when the PSAR is below the candle body (usually indicated by a dot) and bearish when the PSAR is above the candle body. The PSAR generally only moves in the direction of the trend, making it useful for markets with...
Here is a custom x4 timeframes Stochastic RSI screener to add on your charts. Options Repaint mode : if enabled: values are updated in live, if disabled: values are updated once the concerned candle is closed Default parameters Timeframes: 1, 5, 15, 60 Repaint mode: enabled Notes Use the lowest timeframe configured on the screener to get...
Here is a custom x3 timeframes Stochastic RSI indicator. Main Features (can be disabled) Average mode : for each timeframe, a single line corresponding to the average value between K and D is printed Repaint mode : if enabled: values are updated in live, if disabled: values are updated once the concerned candle is closed Default parameters ...
RSI Enhanced Candles highlight candles that are in overbought and oversold areas of RSI indicator. In order to use this script, the default candles must be hidden via Chart Settings->Symbol Body, Borders and Wick. I recommend hide Body only and set the Borders and Wick with a low transparency. So the default candles are still visible after you turn off this script.