Take a look. Couple of confluencial reversal signals from popular indicators (W%R, RSI & CCI). I can only say this shows how random the "stanard tools" are and how the market makers "play" these kind of tools to their advantage. That said. It's better tha average, but not top-class, so expect to have to take signals with other confluence. DON'T take the plots...
This is the typical Relative Strength Index indicator with two moving averages, one slow (length 50 by default) and one fast (length 20 by default). Additionally, there are four lines, which mark the oversold/overbought signals at different levels, there are two inner bands with values at the levels 40, and 60, and two outer bands at the levels 20, and 80. The...
this indicator serves to differentiate the classic source of RSI with these inputs you can modify the inputs of the different Bar's, you can choose between: Candles = classic Candles Heikin Hashi Kagi Line break Pointfigure Renko Selecting the input: "Use Different Source ???" you can use a source with multiple elements of your choice 2...
Extension of the excellent RSI+ script by Wilsonlibero. I tweaked the parameters to better fit crypto markets, and I added a few more visuals, such as midline, overbought/oversold threshold lines and areas, background coloration depending on RSI trend above or below midline, and a few other tweaks especially colors (fixed the transp parameter deprecation for...
Why is the indicator called 'wind Vane'? Because in this indicator, the trade is entered according to which side the price cuts the EMA that you will determine. For example, if we have chosen EMA_X as 13, if the price cuts ema13 up within the tolerance you specify, it enters the LONG transaction, if it cuts down, it enters the SHORT transaction and closes the...
RELATIVE STRENGTH INDEX ( RSI ) This is a tool that is widely used Especially for Overbought and Oversold systems, but I have made some changes in this indicator, How to use it...! I have set it as the default setting - RSI Length: 7 - Overbought: 70 - Oversold: 30 What is unique about this tool? we can see 3 conditions: 1) RSI Overbought / Oversold with Bullish...
Highly customizable RSI + GDAX EMA tool to help you quickly spot levels of confluence - Displays current RSI levels as a plot - Displays current 12 + 26 EMA as a plot - 7 customizable time frames - Each time frame marks RSI oversold, RSI overbought, 12 EMA, and 26 EMA as a line with label - Each time frame RSI and EMA have options to toggle visibility and...
This indicator draws support line and resistance lines in the price chart. How ? For drawing the support/resistance line we need to first determine the demand and supply. We are using too-familiar indicator RSI to determine when the script is oversold and overbought. Now oversold (in RSI) is not a point, it’s a zone. The RSI indicator comes below 30, stays...
Eng: The indicator highlights the overbought and oversold RSI levels on the bars. Also draws two moving averages: sma or ema. The RSI levels, the type of moving averages and their period are set by the user. Rus: Индикатор подсвечивает на барах уровни перекупленности и перепроданности по RSI, а так же рисует две скользящие средние на выбор: sma или ema. Уровни...
ROS (Revolver Oscillator Strategy) Version 1.2 Description This script combines three popular oscillators (RSI, Ultimate Oscillator and MFI) to accurately determine the price momentum of an asset. Context - RSI (Relative Strength Index) is a momentum oscillator that measures the speed and change of price movements over a period of time (14). - Ultimate...
█ This Indicator is based on RSI ( Relative Strength Index ) & multiple type of MA (Moving Average) to show different variations of RSI. The relative strength index (RSI) is a momentum indicator used in technical analysis to evaluate overvalued or undervalued conditions in the price of that security. █ Usages: The purpose of this indicator is to obtain the RSI...
A RSI that changes color like a Chameleon when in overbought or oversold zones of your liking.
This is a modification of the TradingView RSI. I have added HMA and ALMA options to the MA settings and also the option for a colour change on RSI cross. A reverse calc has also been added. This will display the MA cross/Overbought/Oversold price predictions. There is also the option to display an entered RSI or Price for a prediction display. All colours and...
This indicator consist of tow RSI length that user can customize it. like length, overbought, oversold. like length, overbought, oversold. also it has one moving average where the user can select from different types of moving averages, price sources, lookback periods and resolutions
This indicator draws two RSI with different parameters and displays the crosses with the following conditions as colored arrows. This composite RSI can be adjusted in two ways. for example: 1. Cross parameters 5 and 14 above or below 50 which is indicated by light-colored arrows in the chart. 2. Cross parameters 5 and 14 of level 50, which are indicated by darker arrows.
The script displays RSI of each S&P SPDR Sector ETF XLB - Materials XLC - Communications XLE - Energy XLF - Financials XLI - Industrials XLK - Technology XLP - Consumer Staples XLRE - Real Estate XLU - Utilities XLV - Healthcare XLY - Consumer Discretionary It is meant to identify changes in sector rotation, compare oversold/overbought signals of...
Most important thing is feeling inspired and relaxed. Forcing your way into anything under stress and pressure will only end up in disaster This indicator consists of three RSIs. RSI: RSI is common and its length is 14. RSI 1: The slowest RSI. The length is 100. RSI 2: Faster than RSI 1. The length is 50.
A visually appealing RSI indicator with "at a glance" visual cues to quickly and easily identify who is in control of the chart. This indicator provides clear "Bull" and "Bear" control zones, as well as a built-in EMA that is color changing based on the trend direction. All functions, specific data points and color themes are 100% customizable to allow the user...