RSI [Dylan Argot]RSI
¡Potencia tu análisis técnico con esta versión mejorada del RSI, diseñada para traders que buscan precisión y personalización! Este indicador incluye herramientas profesionales que no encontrarás en el RSI estándar:
🔹 Características Exclusivas:
✅ Detección Automática de Divergencias (alcistas/bajistas) con alertas integradas.
✅ Bandas de Bollinger aplicadas al RSI para identificar volatilidad y canales dinámicos.
✅ 4 Sistemas de Señales: Cruce de línea 50, cruce de media móvil o entrada/salida de canales.
✅ Sistema de Colores Personalizable: Elige entre 1, 2 o 3 colores para visualizar estados de sobrecompra/sobreventa.
✅ Líneas ATH/ATL del RSI (Máximos/Mínimos Históricos) con estilos ajustables (sólido, discontinuo, punteado, flechas).
✅ Fondos Degradados o Sólidos en zonas extremas para mejor visualización.
✅ 7 Tipos de Medias Móviles para suavizado (SMA, EMA, RMA, WMA, VWMA + Bandas de Bollinger).
🔹 ¿Por qué elegir este RSI?
Alertas Integradas: Configura notificaciones para divergencias y cruces clave.
Totalmente Adaptable: Ajusta longitudes, fuentes de precio y estilos visuales desde el menú.
Doble Función: Úsalo como oscilador clásico o como sistema de trading con señales directas.
📊 Cómo Usarlo:
Señales Básicas: Activa "Sistema de Señales" y elige entre 4 estrategias de cruce.
Detección de Tendencias: Combina las Bandas de Bollinger del RSI con las líneas ATH/ATL.
Divergencias Profesionales: Activa "Calcular Divergencia" para identificar reversiones tempranas.
Relative Strength Index (RSI)
iD EMARSI on ChartSCRIPT OVERVIEW
The EMARSI indicator is an advanced technical analysis tool that maps RSI values directly onto price charts. With adaptive scaling capabilities, it provides a unique visualization of momentum that flows naturally with price action, making it particularly valuable for FOREX and low-priced securities trading.
KEY FEATURES
1 PRICE MAPPED RSI VISUALIZATION
Unlike traditional RSI that displays in a separate window, EMARSI plots the RSI directly on the price chart, creating a flowing line that identifies momentum shifts within the context of price action:
// Map RSI to price chart with better scaling
mappedRsi = useAdaptiveScaling ?
median + ((rsi - 50) / 50 * (pQH - pQL) / 2 * math.min(1.0, 1/scalingFactor)) :
down == pQL ? pQH : up == pQL ? pQL : median - (median / (1 + up / down))
2 ADAPTIVE SCALING SYSTEM
The script features an intelligent scaling system that automatically adjusts to different market conditions and price levels:
// Calculate adaptive scaling factor based on selected method
scalingFactor = if scalingMethod == "ATR-Based"
math.min(maxScalingFactor, math.max(1.0, minTickSize / (atrValue/avgPrice)))
else if scalingMethod == "Price-Based"
math.min(maxScalingFactor, math.max(1.0, math.sqrt(100 / math.max(avgPrice, 0.01))))
else // Volume-Based
math.min(maxScalingFactor, math.max(1.0, math.sqrt(1000000 / math.max(volume, 100))))
3 MODIFIED RSI CALCULATION
EMARSI uses a specially formulated RSI calculation that works with an adaptive base value to maintain consistency across different price ranges:
// Adaptive RSI Base based on price levels to improve flow
adaptiveRsiBase = useAdaptiveScaling ? rsiBase * scalingFactor : rsiBase
// Calculate RSI components with adaptivity
up = ta.rma(math.max(ta.change(rsiSourceInput), adaptiveRsiBase), emaSlowLength)
down = ta.rma(-math.min(ta.change(rsiSourceInput), adaptiveRsiBase), rsiLengthInput)
// Improved RSI calculation with value constraint
rsi = down == 0 ? 100 : up == 0 ? 0 : 100 - (100 / (1 + up / down))
4 MOVING AVERAGE CROSSOVER SYSTEM
The indicator creates a smooth moving average of the RSI line, enabling a crossover system that generates trading signals:
// Calculate MA of mapped RSI
rsiMA = ma(mappedRsi, emaSlowLength, maTypeInput)
// Strategy entries
if ta.crossover(mappedRsi, rsiMA)
strategy.entry("RSI Long", strategy.long)
if ta.crossunder(mappedRsi, rsiMA)
strategy.entry("RSI Short", strategy.short)
5 VISUAL REFERENCE FRAMEWORK
The script includes visual guides that help interpret the RSI movement within the context of recent price action:
// Calculate pivot high and low
pQH = ta.highest(high, hlLen)
pQL = ta.lowest(low, hlLen)
median = (pQH + pQL) / 2
// Plotting
plot(pQH, "Pivot High", color=color.rgb(82, 228, 102, 90))
plot(pQL, "Pivot Low", color=color.rgb(231, 65, 65, 90))
med = plot(median, style=plot.style_steplinebr, linewidth=1, color=color.rgb(238, 101, 59, 90))
6 DYNAMIC COLOR SYSTEM
The indicator uses color fills to clearly visualize the relationship between the RSI and its moving average:
// Color fills based on RSI vs MA
colUp = mappedRsi > rsiMA ? input.color(color.rgb(128, 255, 0), '', group= 'RSI > EMA', inline= 'up') :
input.color(color.rgb(240, 9, 9, 95), '', group= 'RSI < EMA', inline= 'dn')
colDn = mappedRsi > rsiMA ? input.color(color.rgb(0, 230, 35, 95), '', group= 'RSI > EMA', inline= 'up') :
input.color(color.rgb(255, 47, 0), '', group= 'RSI < EMA', inline= 'dn')
fill(rsiPlot, emarsi, mappedRsi > rsiMA ? pQH : rsiMA, mappedRsi > rsiMA ? rsiMA : pQL, colUp, colDn)
7 REAL TIME PARAMETER MONITORING
A transparent information panel provides real-time feedback on the adaptive parameters being applied:
// Information display
var table infoPanel = table.new(position.top_right, 2, 3, bgcolor=color.rgb(0, 0, 0, 80))
if barstate.islast
table.cell(infoPanel, 0, 0, "Current Scaling Factor", text_color=color.white)
table.cell(infoPanel, 1, 0, str.tostring(scalingFactor, "#.###"), text_color=color.white)
table.cell(infoPanel, 0, 1, "Adaptive RSI Base", text_color=color.white)
table.cell(infoPanel, 1, 1, str.tostring(adaptiveRsiBase, "#.####"), text_color=color.white)
BENEFITS FOR TRADERS
INTUITIVE MOMENTUM VISUALIZATION
By mapping RSI directly onto the price chart, traders can immediately see the relationship between momentum and price without switching between different indicator windows.
ADAPTIVE TO ANY MARKET CONDITION
The three scaling methods (ATR-Based, Price-Based, and Volume-Based) ensure the indicator performs consistently across different market conditions, volatility regimes, and price levels.
PREVENTS EXTREME VALUES
The adaptive scaling system prevents the RSI from generating extreme values that exceed chart boundaries when trading low-priced securities or during high volatility periods.
CLEAR TRADING SIGNALS
The RSI and moving average crossover system provides clear entry signals that are visually reinforced through color changes, making it easy to identify potential trading opportunities.
SUITABLE FOR MULTIPLE TIMEFRAMES
The indicator works effectively across multiple timeframes, from intraday to daily charts, making it versatile for different trading styles and strategies.
TRANSPARENT PARAMETER ADJUSTMENT
The information panel provides real-time feedback on how the adaptive system is adjusting to current market conditions, helping traders understand why the indicator is behaving as it is.
CUSTOMIZABLE VISUALIZATION
Multiple visualization options including Bollinger Bands, different moving average types, and customizable colors allow traders to adapt the indicator to their personal preferences.
CONCLUSION
The EMARSI indicator represents a significant advancement in RSI visualization by directly mapping momentum onto price charts with adaptive scaling. This approach makes momentum shifts more intuitive to identify and helps prevent the scaling issues that commonly affect RSI-based indicators when applied to low-priced securities or volatile markets.
Fast Trade ProFast Trade Pro – это продвинутый индикатор для быстрой торговли на 5-минутном таймфрейме. Он помогает находить точные точки входа и выхода, анализируя тренд, перекупленность/перепроданность, объёмы и волатильность.
🔹 Основные функции
✅ Автоматические сигналы (BUY/SELL) – показывают точки входа.
✅ Скользящие средние (EMA 9/21/50) – помогают определять тренд.
✅ RSI + Stochastic RSI – фильтруют ложные сигналы.
✅ Объёмы (OBV) – подтверждают силу движения.
✅ Полосы Боллинджера (Bollinger Bands) – показывают волатильность.
✅ Алерты – уведомляют о сигналах, чтобы не пропустить вход.
🔹 Как работает индикатор?
🟢 Сигнал на покупку (BUY Signal)
EMA 9 пересекает EMA 21 снизу вверх (начало восходящего тренда).
RSI ниже 50, но растёт (бычий сигнал).
OBV показывает рост (подтверждает силу движения).
Цена выше средней полосы Боллинджера.
🔴 Сигнал на продажу (SELL Signal)
EMA 9 пересекает EMA 21 сверху вниз (начало нисходящего тренда).
RSI выше 50, но снижается (медвежий сигнал).
OBV падает (подтверждает слабость движения).
Цена ниже средней полосы Боллинджера.
🔹 Для кого этот индикатор?
🚀 Скальперы – быстрые сделки на коротких таймфреймах.
📈 Дейтрейдеры – работа внутри дня.
🔍 Трейдеры, использующие алерты – индикатор сам сообщает о входах.
Индикатор удобен для начинающих и опытных трейдеров, так как сочетает в себе простоту, точность и гибкость.
🔹 Как его использовать?
1️⃣ Добавить индикатор в TradingView.
2️⃣ Настроить алерты, чтобы получать уведомления.
3️⃣ Открывать сделки только по тренду.
4️⃣ Использовать дополнительные фильтры (например, свечные паттерны).
🔥 Fast Trade Pro – мощный инструмент для трейдеров, которые хотят получать точные сигналы без лишнего шума! 🔥
Dual RSI SmootherUltimator's Dual RSI Smoother
Description:
The Dual RSI Smoother is a momentum-based indicator that applies two smoothed and amplified RSI calculations to analyze potential trend reversals and overbought/oversold conditions. By utilizing two separate RSI lengths and smoothing parameters, this tool provides a refined view of price momentum and potential trading signals.
Features:
Dual RSI Calculation – Computes two RSI values with separate user-defined lengths.
Smoothing & Amplification – Applies SMA-based smoothing and an amplification factor to enhance signal clarity.
Dynamic Line Colors – Adjusts colors based on RSI interactions to visually highlight important conditions.
Buy & Sell Signals – Displays buy dots when oversold conditions are detected and sell dots in overbought zones.
How to Use:
Buy Signals: Green dots appear when RSI conditions indicate an oversold market, suggesting a potential buying opportunity.
Sell Signals: Red dots appear when RSI conditions indicate an overbought market, suggesting a potential selling opportunity.
Trend Confirmation: The indicator’s smoothed RSI lines can help identify sustained trends when they diverge or cross.
User Inputs:
RSI Length 1 & 2: Adjusts the calculation periods for the two RSI values.
Line Colors: Customizable colors for fast and slow RSI lines.
Highlight Colors: Custom color for buy signal highlights.
Buy & Sell Dot Colors: Customizable colors for buy and sell signal markers.
Best Use Cases:
Identifying early reversals in overbought/oversold market conditions.
Confirming trend strength through smoothed RSI interactions.
Enhancing trade entries by aligning buy/sell signals with other momentum indicators.
RSI com Spike de VolumeUtilizar indicador com confluência de Fibonacci e regiões. Preferencialmente, tempo de 4 horas.
Indicador por Arthur Rossi.
RSI premium trend - CZ INDICATORSThe indicator draws swings on candlesticks based on price action and RSI.
You can also see in the labels whether the current swing is higher or lower relative to the previous swing.
Ideal for working together with premium structure
HH stands for Higher High
LL stands for Lower Low
LH stands for Lower High
HL stands for Higher High
Индикатор рисует свинги на свечах, основываясь на ценовом действии и RSI.
Также в метках можно увидеть, выше или ниже текущий свинг по отношению к предыдущему.
Идеальный вариант для совместной работы с premium structure
HH означает Higher High
LL означает Lower Low
LH означает Lower High
HL означает Higher High
Multi-MA RSI High-Low Indicatorcombination of 5 moving averages, rsi, and plots highs and lows across different timephrames
Multi-Timeframe OS + EMA + VWAPIndicator will highlight when all time frames (1 hour, 4 hour, 5 min, 1 min) are in oversold conditions. With added (unrelated) indicator of EMA and VWAP
15m RSI Overbought & Oversoldbest indicator to check buy sell signal in 15 min candle . it work on the basis of overbought and oversold.
RSI + Volume - CZ INDICATORSRSI + Volume - CZ INDICATORS ✅
This idea adds volume to the RSI indicator. Because volume offers one means of determining whether money is entering or leaving a market, this would provide additional information with which to make trading decisions.
РСАЙ + Объём - CZ INDICATORS ✅
Эта идея добавляет объем к индикатору RSI. Поскольку объем - это один из способов определить, входят ли деньги в рынок или покидают его, это даст дополнительную информацию для принятия торговых решений.
RSI + Divergences new look - CZ INDICATORSA new look at divergence - CZ INDICATORS ✅
This indicator gives you the trend changes (Designed with the basics of Vash's RSI advanced and the Fikira divergence indicator)
This indicator will only give you regular divergences.
Please keep in mind that a trading plan is not only built with momentum but also with location and structure.
Новый взгляд на дивергенцию - CZ INDICATORS ✅
Этот индикатор показывает изменения тренда (разработан с основами расширенного RSI Вэша и индикатора дивергенции Фикира).
Этот индикатор будет давать вам только регулярные дивергенции.
Помните, что торговый план строится не только на основе импульса, но и на основе местоположения и структуры.
RSI divergence signal BULL/BEAR - CZ INDICATORSRSI divergence signal BULL/BEAR - CZ INDICATORS ✅: It automatically shows divergence, being much useful for detecting future changes in the tendency of the current stock, and weakness in the actual tendency.
Different timeframes can be set up to meet your needs.
RSI divergence signal BULL/BEAR - CZ INDICATORS ✅: Автоматически показывает дивергенции, что очень полезно для обнаружения будущих изменений в тенденции текущей акции, а также слабости в фактической тенденции.
Различные таймфреймы могут быть настроены в соответствии с вашими потребностями.
RSI SMA Cross with Donchian & EMA 200 FiltersPurpose of the Strategy:
This strategy combines RSI (Relative Strength Index) with SMA of RSI, Donchian Channel, and EMA 200 to generate buy and sell signals. It focuses on momentum (RSI) and trend confirmation (EMA 200 and Donchian) to filter high-probability trades.
Key Components:
Indicators:
RSI: Measures momentum (default length: 14).
SMA of RSI: Smoothens RSI for crossover signals.
EMA 200: Long-term trend filter.
Donchian Channel: Defines price range (high, low, midline) over 20 periods.
Filters:
Price to Donchian Distance: Price must be within 2% of the Donchian midline.
Donchian to EMA 200 Distance: Donchian midline must be within 3% of EMA 200.
Conditions:
Buy: RSI crosses above its SMA, RSI < 50, price > Donchian midline, and Donchian > EMA 200.
Sell: RSI crosses below its SMA, RSI > 50, price < Donchian midline, and Donchian < EMA 200.
Webhooks:
Sends JSON messages for buy/sell alerts.
How It Works:
Plot Indicators: EMA 200 and Donchian midline are displayed on the chart.
Visual Signals: "BUY" or "SELL" labels appear when conditions are met.
Position Entry: Automatically opens long/short positions based on signals.
Notifications: Webhooks send alerts for buy/sell signals.
Customizability:
Adjust RSI length, SMA length, EMA 200 length, and Donchian length.
Modify distance filters and RSI level (default: 50).
Customize webhook messages for alerts.
Why This Combination Works:
RSI + SMA of RSI: Provides momentum-based crossover signals.
Donchian Channel: Filters trades within a defined price range.
EMA 200: Confirms the long-term trend direction.
Suggestions for Improvement:
Add ATR for dynamic stop-loss or take-profit levels.
Use volume filters to confirm breakout strength.
Experiment with RSI thresholds (e.g., 30/70 for overbought/oversold conditions).
Conclusion:
This strategy is a robust combination of momentum (RSI), trend (EMA 200), and price range (Donchian) filters. It’s customizable and works well in trending markets. Always backtest before live trading!
Multi-Timeframe RSI Oversold v6blablablablablablablablablablablablablablablablablablablablablablablablablablablablablablablablabla
5-Min OPTEXP-3 Intraday Buying IndicatorThis works best for CALL or PUT buy. Following is the logic behind this indicator
1. Close price should be > than SMA9
2. RSI >40
Explanation:
CALL Buy Signal (Green Label):
Condition: When the close price is above the 9-period SMA and the RSI is greater than 40.
A green CALL label will appear below the bar.
PUT Buy Signal (Red Label):
Condition: When the close price is below the 9-period SMA and the RSI is below 40.
A red PUT label will appear above the bar.
Plotting:
SMA9: This is plotted as a blue line.
RSI: The RSI is plotted as an orange line, with a red line indicating the RSI threshold (40).
Chart Timeframe: This script is meant to work on a 5-minute chart (5m). You can use this script on any 5-minute chart to trigger CALL or PUT buy signals based on your criteria.
[SM-021-v1.0] Gaussian Channel Strategy - Long & ShortThis is a sophisticated trading strategy that combines a Gaussian Channel indicator with Stochastic RSI for generating both long and short trading signals. The strategy is designed to capture momentum moves while providing clear entry and exit points based on price action relative to the Gaussian Channel.
Key Components:
Gaussian Channel:
Uses a complex filtering system with customizable parameters
Creates a dynamic channel with upper (hband) and lower (lband) boundaries
Main indicator line (filt) acts as a centerline
Implements lag reduction options for more responsive signals
Trading Parameters:
Initial Capital: $1000
Position Size: 100% of equity
Commission: 0.1%
Slippage: 3 points
Trading Period: Jan 2018 - Dec 2069 (adjustable)
Direction Control:
Separate toggles for long and short trading
Allows traders to focus on specific market directions
Entry Conditions:
Long Trades:
Gaussian Channel showing upward momentum (gaussianGreen)
Price closes above the upper band (hband)
Stochastic RSI extreme levels (>80 or <20)
Long trading enabled via toggle
Short Trades:
Gaussian Channel showing downward momentum (gaussianRed)
Price closes below the lower band (lband)
Stochastic RSI extreme levels (>80 or <20)
Short trading enabled via toggle
Exit Conditions:
Long Positions:
Price crosses below the upper band (hand)
Short Positions:
Price crosses above the lower band (lband)
Trading Recommendations:
Market Conditions:
Best suited for trending markets
Can be used across multiple timeframes
More effective in markets with clear directional moves
Risk Management:
Use appropriate position sizing
Consider implementing additional stop-loss mechanisms
Monitor overall market conditions
This strategy combines technical analysis with mathematical filtering to create a robust trading system suitable for both directional traders and swing traders. The flexibility in parameters allows for customization across different markets and timeframes.
Check my profile for more profitable strategies: www.tradingview.com
BOT PUBLIC GIBB911This script is perfect for a DCA BOT. It was originally created for the crypto family community, but works on FOREX, the traditional market, and CRYPTO.
This indicator offers multiple buy signals as long as the RSI is below 60%, and only if the indicator is signaling a bullish trend in the chosen timeframe. You will thus receive multiple buy signals, until the indicator receives the sell signal, indicating a corrective bearish trend change.
Enjoy this indicateur !
DIVER RSI + Senyals + DivergenciesAquest indicador és una versió avançada del RSI (Índex de Força Relativa), dissenyat per oferir senyals visuals clares i alertes intel·ligents per millorar la presa de decisions en el trading de criptomonedes (o qualsevol altre actiu).
✅ Funcionalitats configurades:
RSI amb color taronja constant per a una lectura neutra.
Línies horitzontals importants als nivells:
🔴 25 (nivell extrem de sobreventa)
🟢 35 (possible punt de compra)
⚪ 50 (nivell mitjà del RSI)
🔴 65 (possible punt de venda)
🟢 75 (nivell extrem de sobrecompra)
📈 Senyal de Compra
Quan el RSI creua de manera ascendent el nivell 35, es mostra una fletxa verda sobre la línia del RSI. Això indica un possible punt d'entrada en long (compra).
📉 Senyal de Venda
Quan el RSI creua de manera descendent el nivell 65, es mostra una fletxa vermella sobre el RSI. Això indica un possible punt d’entrada en short (venda).
🔁 Divergències RSI
El sistema detecta divergències alcistes i baixistes automàticament, dibuixant línies verdes o vermelles dins el gràfic del RSI (sense etiquetes de text), per marcar punts on el preu i el RSI van en direccions oposades — una senyal de possible canvi de tendència.
🔔 Alertes unificades
S’ha creat una alerta combinada que s’activa tant per a senyals de compra com de venda, així només cal configurar les alertes des de les configuracions del indicador.
RSI RMATry it Out and play with the settings,
I like to backtest , With RSI and MA on 14, on Daily Chart with BTC.
And Make ur RSI Light blue, MA Orange like an SRI.
And Backtest where the Highs are and where the lows.
You Can Use Paralel Channels on the MA and see ´some great results.
To be refined and continued.
All the best :)=
RSI & EMA Crossover Strategy with Daily & Weekly RSI Filter### Algorithm Description: RSI & EMA-Based Trading Strategy with Daily & Weekly RSI Filter
#### **Overview:**
This algorithm is designed to generate trading signals using a combination of **Relative Strength Index (RSI) and Exponential Moving Averages (EMA)**, with a multi-timeframe filter that ensures alignment between the daily and weekly RSI. The strategy aims to capture momentum-based trades while filtering out weak signals using higher timeframe confirmations.
#### **Key Components:**
1. **Primary Indicators:**
- **Relative Strength Index (RSI)**: Used to identify overbought and oversold conditions and confirm momentum direction.
- **Exponential Moving Averages (EMA)**: Used to determine trend direction and dynamic support/resistance levels.
2. **Multi-Timeframe RSI Filter:**
- **Daily RSI (Lower Timeframe)**: Used to identify potential entry points.
- **Weekly RSI (Higher Timeframe)**: Acts as a trend filter to ensure trades align with broader market direction.
#### **Trading Conditions:**
##### **Buy (Long) Entry Conditions:**
1. **Weekly RSI > 50** (indicating bullish momentum on the higher timeframe).
2. **Daily RSI crosses above 50** from below.
3. **Price is above both the 8-EMA and 21-EMA** on the daily timeframe.
4. **Confirmation:** Bullish price action near the EMAs.
##### **Sell (Short) Entry Conditions:**
1. **Weekly RSI < 50** (indicating bearish momentum on the higher timeframe).
2. **Daily RSI crosses below 50** from above.
3. **Price is below both the 8-EMA and 21-EMA** on the daily timeframe.
4. **Confirmation:** Bearish price action near the EMAs.
#### **Exit Strategy:**
- **Profit Target:** Can be set at a fixed percentage (e.g., 2-5%) or based on key resistance/support levels.
- **Stop Loss:** Placed below/above the 21-EMA or at a recent swing low/high.
- **Trailing Stop:** Can be applied based on ATR or moving averages.
#### **Advantages of This Strategy:**
✅ **Multi-Timeframe Confirmation:** Avoids false signals by ensuring alignment between daily and weekly trends.
✅ **Momentum-Based Approach:** Uses RSI for entry confirmation, reducing the risk of trading against the trend.
✅ **Trend Filtering:** EMAs ensure that trades are taken in the direction of the primary trend.
Would you like this converted into Pine Script for automation? 🚀
Advanced Momentum Scanner [QuantAlgo]Introducing the Advanced Momentum Scanner by QuantAlgo , a sophisticated technical indicator that leverages multiple EMA combinations, momentum metrics, and adaptive visualization techniques to provide deep insights into market trends and momentum shifts. It is particularly valuable for those looking to identify high-probability trading and investing opportunities based on trend changes and momentum shifts across any market and timeframe.
🟢 Technical Foundation
The Advanced Momentum Scanner utilizes sophisticated trend analysis techniques to identify market momentum and trend direction. The core strategy employs a multi-layered approach with four different EMA periods:
Ultra-Fast EMA for quick trend changes detection
Fast EMA for short-term trend analysis
Mid EMA for intermediate confirmation
Slow EMA for long-term trend identification
For momentum detection, the indicator implements a Rate of Change (RoC) calculation to measure price momentum over a specified period. It further enhances analysis by incorporating RSI readings, volatility measurements through ATR, and optional volume confirmation. When these elements align, the indicator generates various trading signals based on the selected sensitivity mode.
🟢 Key Features & Signals
1. Multi-Period Trend Identification
The indicator combines multiple EMAs of different lengths to provide comprehensive trend analysis within the same timeframe, displaying the information through color-coded visual elements on the chart.
When an uptrend is detected, chart elements are colored with the bullish theme color (default: green/teal).
Similarly, when a downtrend is detected, chart elements are colored with the bearish theme color (default: red).
During neutral or indecisive periods, chart elements are colored with a neutral gray color, providing clear visual distinction between trending and non-trending market conditions.
This visualization provides immediate insights into underlying trend direction without requiring separate indicators, helping traders and investors quickly identify the market's current state.
2. Trend Strength Information Panel
The trend panel operates in three different sensitivity modes (Conservative, Aggressive, and Balanced), each affecting how the indicator processes and displays market information.
The Conservative mode prioritizes signal reliability over frequency, showing only strong trend movements with high conviction levels.
The Aggressive mode detects early trend changes, providing more frequent signals but potentially more false positives.
The Balanced mode offers a middle ground with moderate signal frequency and reliability.
Regardless of the selected mode, the panel displays:
Current trend direction (UPTREND, DOWNTREND, or NEUTRAL)
Trend strength percentage (0-100%)
Early detection signals when applicable
The active sensitivity mode
This comprehensive approach helps traders and investors:
→ Assess the strength and reliability of current market trends
→ Identify early potential trend changes before full confirmation
→ Make more informed trading and investing decisions based on trend context
3. Customizable Visualization Settings
This indicator offers extensive visual customization options to suit different trading/investing styles and preferences:
Display options:
→ Fully customizable uptrend, downtrend, and neutral colors
→ Color-coded price bars showing trend direction
→ Dynamic gradient bands visualizing potential trend channels
→ Optional background coloring based on trend intensity
→ Adjustable transparency levels for all visual elements
These visualization settings can be fine-tuned through the indicator's interface, allowing traders and investors to create a personalized chart environment that emphasizes the most relevant information for their strategy.
The indicator also features a comprehensive alert system with notifications for:
New trend formations (uptrend, downtrend, neutral)
Early trend change signals
Momentum threshold crossovers
Other significant market conditions
Alerts can be delivered through TradingView's notification system, making it easy to stay informed of important market developments even when you are away from the charts.
🟢 Practical Usage Tips
→ Trend Analysis and Interpretation: The indicator visualizes trend direction and strength directly on the chart through color-coding and the information panel, allowing traders and investors to immediately identify the current market context. This information helps in assessing the potential for continuation or reversal.
→ Signal Generation Strategies: The indicator generates potential trading signals based on trend direction, momentum confirmation, and selected sensitivity mode. Users can choose between Conservative (fewer but more reliable signals), Balanced (moderate approach), or Aggressive (more frequent but potentially less reliable signals).
→ Multi-Period Trend Assessment: Through its layered EMA approach, the indicator enables users to understand trend conditions across different lookback periods within the same timeframe. This helps in identifying the dominant trend and potential turning points.
🟢 Pro Tips
Adjust EMA periods based on your timeframe:
→ Lower values for shorter timeframes and more frequent signals
→ Higher values for higher timeframes and more reliable signals
Fine-tune sensitivity mode based on your trading style:
→ "Conservative" for position trading/long-term investing and fewer false signals
→ "Balanced" for swing trading/medium-term investing with moderate signal frequency
→ "Aggressive" for scalping/day trading and catching early trend changes
Look for confluence between components:
→ Strong trend strength percentage and direction in the information panel
→ Overall market context aligning with the expected direction
Use for multiple trading approaches:
→ Trend following during strong momentum periods
→ Counter-trend trading at band extremes during overextension
→ Early trend change detection with sensitivity adjustments
→ Stop loss placement using dynamic bands
Combine with:
→ Volume indicators like the Volume Delta & Order Block Suite for additional confirmation
→ Support/resistance analysis for strategic entry/exit points
→ Multiple timeframe analysis for broader market context
Forex finsetupThis script includes forex sessions, EMAs and RSI. It help us to trade during any session. EMAs are for identifying trend. RSI for finding the strength.
RSI + MACD Cross Signals with Dots on RSI LineConditions:
Green dot (Buy): This occurs when the RSI is below 50 and the MACD fast line crosses above the MACD signal line.
Red dot (Sell): This occurs when the RSI is above 50 and the MACD fast line crosses below the MACD signal line.
RSI Plot: The RSI line is plotted in blue, with a dashed line at 50 to help visually identify the threshold for buy/sell signals.
