The RSI Dot Party indicator displays all RSI lengths from 1 to 120 as different colored dots on the chart. 🔶 Purpose Show the reversal point of price action to time entries and exits. 🔶 USAGE When a dot displays it is a indication of the reversal of the price/trend. The larger the dot the more likely it is to reverse. The Default settings generates...
This indicator is a must-have for every trader as it provides a practical tool to quickly evaluate the current price of a security. Designed specifically for manual trading, this indicator is based on "The Forbidden RSI " indicator and provides an easy way to identify overbought and oversold conditions in the market. By using this indicator, traders can make...
Real Price Line + Dots (for Heikin Ashi) This indicator is designed for use on Heikin Ashi charts. Its purpose is to enable traders to benefit from price averaging and smoothing effects of Heikin Ashi candles whilst also enabling them to see the current real price line, and optionally, real price close dots on the Heikin Ashi candlesticks. Features include:...
I created this indicator because it can be quite difficult sometimes to find the direction of the market, which supports and resistances are important, where to place targets, etc. This indicator is excellent for traders which trade on reversals and breakouts from resistances and supports. The indicator tries to make it clear which areas are of importance and...
Similar to my other "Dots" indicator. The plotshapes are based off of RSI at different values over specific lengths and under 6 specific resolutions. For example: the 2nd overbought dot has its own length/period or 15, its own value for when the plot is triggered , and it's own customizable resolutions, i.e 15 minutes. All signals will be congruent across...
This Indicator plots Regular and Hidden Divergences lines for an RSI smoothed by an EMA and for its Signal Line The RSI can be set to change colour with direction or can be set as single colour Colour Changing RSI helps when trading Multiple Timeframes as you can look for confluence in the direction of RSI The divergence script is thanks to @RicardoSantos, I've...