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Oscillators

RSI based on ROC Backtest This is the new-age indicator which is version of RSI calculated upon the Rate-of-change indicator. The name "Relative Strength Index" is slightly misleading as the RSI does not compare the relative strength of two securities, but rather the internal strength of a single security. A more appropriate name might be "Internal Strength Index." Relative strength charts that compare two market indices, which are often referred to as Comparative Relative Strength. And in its turn, the Rate-of-Change ("ROC") indicator displays the difference between the current price and the price x-time periods ago. The difference can be displayed in either points or as a percentage. The Momentum indicator displays the same information, but expresses it as a ratio. You can change long to short in the Input Settings WARNING: - For purpose educate only - This script to change bars colors.
Pine Script® strategy
by HPotter
Relative Volatility Index Backtest The RVI is a modified form of the relative strength index (RSI). The original RSI calculation separates one-day net changes into positive closes and negative closes, then smoothes the data and normalizes the ratio on a scale of zero to 100 as the basis for the formula. The RVI uses the same basic formula but substitutes the 10-day standard deviation of the closing prices for either the up close or the down close. The goal is to create an indicator that measures the general direction of volatility. The volatility is being measured by the 10-days standard deviation of the closing prices. You can change long to short in the Input Settings WARNING: - For purpose educate only - This script to change bars colors.
Pine Script® strategy
by HPotter
3
Relative Momentum Index Backtest The Relative Momentum Index (RMI) was developed by Roger Altman. Impressed with the Relative Strength Index's sensitivity to the number of look-back periods, yet frustrated with it's inconsistent oscillation between defined overbought and oversold levels, Mr. Altman added a momentum component to the RSI. As mentioned, the RMI is a variation of the RSI indicator. Instead of counting up and down days from close to close as the RSI does, the RMI counts up and down days from the close relative to the close x-days ago where x is not necessarily 1 as required by the RSI). So as the name of the indicator reflects, "momentum" is substituted for "strength". You can change long to short in the Input Settings WARNING: - For purpose educate only - This script to change bars colors.
Pine Script® strategy
by HPotter
True Strength Indicator BTCUSD 2HScript based on True Strength Index (TSI) and RSI A technical momentum indicator that helps traders determine overbought and oversold conditions of a security by incorporating the short-term purchasing momentum of the market with the lagging benefits of moving averages. Generally a 25-day exponential moving average (EMA) is applied to the difference between two share prices, and then a 13-day EMA is applied to the result, making the indicator more sensitive to prevailing market conditions. !!! IMPORTANT IN ORDER TO AVOID REPAITING ISSUES !!! USE Chart resolution >= resCustom parameter, suggestion 2H Yellow zones indicates that you can claim position for better profits even before a claim confirmation. Dark zones indicates areas where RSI shows overbought and oversold conditions. BTCUSD
Pine Script® strategy
by moneros
18
Bollinger + RSI, Double Strategy Long-Only (by ChartArt) v1.2This strategy uses the RSI indicator together with the Bollinger Bands to go long when the price is below the lower Bollinger Band (and to close the long trade when this value is above the upper Bollinger band). This simple strategy only places a long, when both the RSI and the Bollinger Bands indicators are at the same time in a oversold condition. In this new version 1.2 the strategy was simplified even more than before by going long-only, which made the strategy more successful in backtesting than the previous version (that older version also opened short trades). This strategy does not repaint and was updated to PineScript version 3. All trading involves high risk; past performance is not necessarily indicative of future results. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. P.S. For advanced users: If you want also be able to short with the same strategy approach, then please use my older version 1.1:
Pine Script® strategy
by ChartArt
24
PFE (Polarized Fractal Efficiency) Backtest The Polarized Fractal Efficiency (PFE) indicator measures the efficiency of price movements by drawing on concepts from fractal geometry and chaos theory. The more linear and efficient the price movement, the shorter the distance the prices must travel between two points and thus the more efficient the price movement. You can change long to short in the Input Settings WARNING: - For purpose educate only - This script to change bars colors.
Pine Script® strategy
by HPotter
MACD Strategy- Script Example how to use % SL in your script ** Tired of Script showing a trade that you stopped out on but is still long on your script? Not any more** I used Pine script to create realistic trading scenarios for SL users. Now your scripts will reflect what you see on the order book. a=0.0 a := (*Insert buy condition*)? close: nz(a ) plot(0.98*a, color= green) //2%SL for BUY b=0.0 b:= (*Insert Short condition*) ? close: nz(b ) plot(1.02*b, color= red) //2% SL for Short Please check the script on how to implement this :)
Pine Script® strategy
by UnknownUnicorn1178563
Percentage Volume Oscillator (PVO) Backtest The Percentage Volume Oscillator (PVO) is a momentum oscillator for volume. PVO measures the difference between two volume-based moving averages as a percentage of the larger moving average. As with MACD and the Percentage Price Oscillator (PPO), it is shown with a signal line, a histogram and a centerline. PVO is positive when the shorter volume EMA is above the longer volume EMA and negative when the shorter volume EMA is below. This indicator can be used to define the ups and downs for volume, which can then be use to confirm or refute other signals. Typically, a breakout or support break is validated when PVO is rising or positive. You can change long to short in the Input Settings WARNING: - For purpose educate only - This script to change bars colors.
Pine Script® strategy
by HPotter
Bat MACDWorks on Bullish divergence indicators and is identical to MACD during an uptrend, works best on 2H or higher timeframes. Incorporates a SL which can be changed at will. SL is also used as a buy signal on lower timeframe crossovers. Uses 6H MACD to differentiate between up and downtrends. Recommend to take profits at pivots, trendlines instead of strategy's position which is delayed. Signals on downtrend best used when SL is flat.
Pine Script® strategy
by UnknownUnicorn1178563
3
WavefinderI made this script to incorporate Stochastic RSI with EMA crossovers and VMACD, it is only to buy and sell (Users can modify it create shorts) I personally recommend only using this when a downtrend reversal is imminent as it finds the bottom well. Signals generated on a downward moving StochRSI must be ignored. Used best with StochRSI and VMACD indicators. Thanks to VMACD indicator by Lazy bear. Use at your own discretion. The strategy has not been tested in realtime trading, feel free to provide feedback upon use or tracking signals. Strategy is timeframe dependent (Best at 30min, 2H and 4H) and incorporates risk management. Modify it according to your wish, I'm just floating an idea which others can improve on. Current equity usage is 10k and number of contracts is a quotient of the equity and price (adjusted so that all cryptos can be equally compared) P.S - Also publishing this to make up for the repainting let down on the previous strategies, tried my best on this one. *version3 used no repaints
Pine Script® strategy
by UnknownUnicorn1178563
2
Laguerre-based RSI Backtest This is RSI indicator which is more sesitive to price changes. It is based upon a modern math tool - Laguerre transform filter. With help of Laguerre filter one becomes able to create superior indicators using very short data lengths as well. The use of shorter data lengths means you can make the indicators more responsive to changes in the price. You can change long to short in the Input Settings WARNING: - For purpose educate only - This script to change bars colors.
Pine Script® strategy
by HPotter