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Relative Strength Index (RSI)

Pulse RSI | Lyro RSPulse RSI | Lyro RS The Pulse RSI is a momentum oscillator that enhances the traditional RSI by incorporating volume-weighted price and linear regression. It generates multiple trading signals, including trend shifts, overbought/oversold conditions, and custom threshold levels. By integrating both price and volume into its calculation, Pulse RSI is more robust and responsive than the standard RSI. This helps you identify trends faster, spot potential reversals sooner, and set up custom alerts based on your own strategy. Key Features Four Signal Types: Type 1 (Trend): Triggers when the indicator's current value crosses its previous value, highlighting short-term momentum shifts. Type 2 (Midline Trend): The classic midline cross. A bullish bias is indicated above 50, while a bearish bias is indicated below 50. Type 3 (Overbought/Oversold): Flags potential reversal zones, suggesting where buying or selling opportunities may emerge. Type 4 (Custom Thresholds): This type lets you define your own threshold levels. Instead of following a trend, use it to mark your specific conditions for a reversal. For example, set a long reversal at a low level (e.g., 5) for an early buy signal, or a short reversal at a high level (e.g., 80) for an early sell signal. Calculation Method: The indicator uses a volume-weighted price (Close * High * Low) and applies linear regression to smooth the data. This creates a unique and more stable oscillator, avoiding the chaotic movement seen in others. Color System: Choose from multiple color themes like Classic, Mystic, Accented, and Royal, or create your own custom colors for bullish and bearish signals. Visual Plotting: Features a clear plot with a glow effect, a midline, adjustable threshold lines, and shapes/labels to mark long/short and overbought/oversold signals. Alerts: Instant alerts are available for every signal type, which you can quickly enable based on your trading conditions. How It Works: Core Calculation The indicator calculates a volume-weighted price using (Close * High * Low) multiplied by the absolute volume. This value is then smoothed with linear regression and converted into an oscillator, normalized to a 0-100 scale. Trading Logic: Bullish Signals: Trigger when the main plot line crosses above a key level—be it the previous value, the 50 midline, or a custom threshold. Bearish Signals: Trigger when the main plot line crosses below a key level. Visual Logic: The system displays a main plot line, colors candles, and plots signal shapes, all customizable through a variety of color schemes. Practical Use Trend Confirmation (Types 1 & 2): Use Type 1 for early momentum shifts and Type 2 to confirm the overall trend direction. Reversals (Type 3): Consider long entries when oversold signals fire, suggesting an asset is undervalued. Look for exits at overbought signals, which suggest a potential downward reversal. Custom Thresholds (Type 4): Set tight thresholds to catch early trends and reversals. Be aware that more sensitive settings may also increase false positives. Customization: Adjust the Length: A higher setting makes the indicator more suited for long-term trends, while a lower setting makes it more sensitive for short-term moves. Enable/Disable Signals: Turn the four signal types on or off to match your trading style. Set Your Levels: Fully adjustable thresholds for Type 4 long/short conditions. Choose Your Colors: Select from a variety of color schemes for all bullish and bearish elements. ⚠️ Disclaimer This indicator is a tool for technical analysis and does not guarantee results. It should be used alongside other analysis methods and solid risk management practices. The creators are not responsible for any financial decisions made based on its signals.
Pine Script® indicator
by LyroRS
2
RSI + MACD Multi-Timeframe StrategyThis strategy combines the Relative Strength Index (RSI) from the daily timeframe with the Moving Average Convergence Divergence (MACD) from the 4-hour timeframe to generate precise long entry and exit signals. The system uses a multi-timeframe approach to align longer-term trend conditions with shorter-term momentum shifts — allowing traders to catch dips with confirmation and exit before reversals. 🧠 Strategy Logic ✅ Long Entry Condition: - RSI on the daily (1D) timeframe is oversold (below your defined threshold) - MACD on the 4H timeframe crosses above the signal line → A long trade is opened when these two align ✅ Long Exit Condition: - RSI on the daily timeframe is overbought - MACD on the 4H timeframe crosses below the signal line → The long trade is closed when these two conditions are met 💡 This strategy currently supports long entries only. Short logic can be added if needed. 📊 Indicator Components 🔹 RSI (Relative Strength Index): - A momentum oscillator that measures the speed and magnitude of price changes. - Helps identify overbought (potential sell) and oversold (potential buy) conditions. - Applied on the 1D timeframe (by default) to reflect broader market trend or exhaustion levels. 🔹 MACD (Moving Average Convergence Divergence): - A trend-following momentum indicator based on moving averages. - The MACD Line (fast EMA - slow EMA) crossing above the Signal Line indicates bullish momentum. - Used here on the 4-hour timeframe (by default) for shorter-term momentum confirmation. 🔹 Multi-Timeframe (MTF) Logic: - Uses request.security() to pull higher timeframe data (1D for RSI, 4H for MACD). - Ensures no repainting, as it only uses closed candles from the higher timeframe. - Aligns longer-term signals with shorter-term entries, reducing false signals. 📈 Plotting Options The script includes a plot selector input allowing you to toggle between: - RSI Plot (with overbought/oversold lines) - MACD Plot (MACD line and signal line) - This helps visualize signal conditions clearly on your chart. 🛠 Customization - RSI & MACD settings are fully configurable - RSI and MACD timeframes can be adjusted independently ⚠️ Disclaimer This strategy is provided for educational and informational purposes only. It is not financial advice or a recommendation to buy or sell any asset. Past performance does not guarantee future results. Always test strategies in a simulated environment before live use, and consult with a licensed financial advisor for investment decisions.
Pine Script® strategy
by RWCS_LTD
ADX Trend Strength Filter + TRAMA [DotGain]Summary Are you tired of trading trend signals, only to get stopped out in volatile, sideways chop? The ADX Trend Strength Filter (ADX TSF) is designed to solve this exact problem. It is a comprehensive trend-following system that only generates signals when a trend not only has the right direction and momentum, but also sufficient strength. This indicator filters out weak or indecisive market phases (the "chop") and will only color the bars Green or Red when all conditions for a strong, confirmed trend are met. ⚙️ Core Components and Logic The ADX TSF relies on a triple-filter logic to generate a clear trade signal: Trend Filter (TRAMA): A TRAMA (Trending Adaptive Moving Average) is used as the main trendline. This adaptive average automatically adjusts to market volatility, acting as a dynamic support/resistance level. Price > TRAMA = Bullish Price < TRAMA = Bearish Momentum Filter (RSI Crossover): Momentum is measured by a crossover of two moving averages of the RSI (a fast EMA and a slow SMA). This confirms whether the momentum is pointing in the same direction as the trend. Strength Filter (ADX): This is the most important filter. A signal is only considered valid if the ADX (Average Directional Index) is above a defined threshold (Default: 30). This ensures the trend has sufficient strength. 🚦 How to Read the Indicator The indicator has three states, displayed directly as bar colors on your chart: 🟩 GREEN BARS (Strong Uptrend) All three conditions are met: Price is above the TRAMA. RSI momentum is bullish (Fast MA > Slow MA). ADX is above 30 (Strong trend is present). 🟥 RED BARS (Strong Downtrend) All three conditions are met: Price is below the TRAMA. RSI momentum is bearish (Fast MA < Slow MA). ADX is above 30 (Strong trend is present). 🟧 ORANGE BARS (Neutral / Caution) This state appears if any of the following conditions are true: Weak Trend: The ADX is below 30. The market is in consolidation or a sideways phase. (This is the primary filter!) Indecision: The price is caught in the "Neutral Zone" between the TRAMA and the 200 SMA. Visual Elements Bar Colors: (Green/Red/Orange) Show the current trend status. TRAMA (Orange Line): Your primary adaptive trendline. 200 SMA (White Line): Serves as a reference for the long-term trend. Orange Background (Fill): Fills the area between the TRAMA and SMA to visually highlight the "Neutral Zone." Key Benefit The goal of the ADX TSF is to keep traders out of weak, unpredictable markets and help them participate only in strong, momentum-confirmed trends. Have fun :) Disclaimer This "Buy The F*cking Dip" (BTFD) indicator is provided for informational and educational purposes only. It does not, and should not be construed as, financial, investment, or trading advice. The signals generated by this tool (both "Buy" and "Sell") are the result of a specific set of algorithmic conditions. They are not a direct recommendation to buy or sell any asset. All trading and investing in financial markets involves substantial risk of loss. You can lose all of your invested capital. Past performance is not indicative of future results. The signals generated may produce false or losing trades. The creator (© DotGain) assumes no liability for any financial losses or damages you may incur as a result of using this indicator. You are solely responsible for your own trading and investment decisions. Always conduct your own research (DYOR) and consider your personal risk tolerance before making any trades.
Pine Script® indicator
by DotGain
EMA + RSI Autotrade Webhook - VarunOverview The EMA + RSI Autotrade Webhook is a powerful trend-following indicator designed for automated crypto futures trading. This indicator combines the reliability of Exponential Moving Average (EMA) crossovers with RSI momentum filtering to generate high-probability buy and sell signals optimized for webhook integration with crypto exchanges like Delta Exchange, Binance Futures, and Bybit.Key Features Simple & Effective: Uses proven EMA 9/21 crossover strategy RSI Momentum Filter: Eliminates low-probability trades in ranging markets Webhook Ready: Two clean alerts (LONG Entry, SHORT Entry) for seamless automation Exchange Compatible: Works with Delta Exchange, 3Commas, Alertatron, and other webhook platforms Zero Lag Signals: Real-time alerts on crossover confirmation Visual Clarity: Clean chart markers for easy signal identification How It Works Entry Signals: LONG Entry: Triggers when EMA 9 crosses above EMA 21 AND RSI is above 52 (bullish momentum confirmed) SHORT Entry: Triggers when EMA 9 crosses under EMA 21 AND RSI is below 48 (bearish momentum confirmed) Technical Components: Fast EMA: 9-period (tracks short-term price action) Slow EMA: 21-period (identifies primary trend) RSI: 14-period (confirms momentum strength) RSI Long Threshold: 52 (filters weak bullish signals) RSI Short Threshold: 48 (filters weak bearish signals) Best Use Cases Crypto Futures Trading: Bitcoin, Ethereum, Altcoin perpetual contracts Automated Trading Bots: Integration with Delta Exchange webhooks, TradingView alerts Timeframes: Optimized for 15-minute charts (works on 5min-1H) Markets: Trending crypto markets with clear directional moves Risk Management: Best used with 1-2% stop loss per trade (managed externally) Webhook Automation Setup Add indicator to your TradingView chart Create alerts for "LONG Entry" and "SHORT Entry" Configure webhook URL from your exchange (Delta Exchange, Binance, etc.) Use alert message: Entry LONG {{ticker}} @ {{close}} or Entry SHORT {{ticker}} @ {{close}} Exchange automatically reverses positions on opposite signals Advantages ✅ No manual trading required - fully automated ✅ Eliminates emotional trading decisions ✅ Catches trending moves early with EMA crossovers ✅ RSI filter reduces whipsaws in choppy markets ✅ Works 24/7 without monitoring ✅ Simple two-alert system (easy to manage) ✅ Compatible with multiple exchanges via webhooksStrategy Philosophy This indicator follows a trend-following with momentum confirmation approach. By waiting for both EMA crossover AND RSI confirmation, it ensures you're entering trades with genuine momentum behind them, not just random price noise. The tight RSI thresholds (52/48) keep you aligned with the prevailing trend.Recommended Settings Timeframe: 15-minute (primary), 5-minute (scalping), 1-hour (swing) Markets: BTC/USDT, ETH/USDT, high-liquidity altcoin perpetuals Position Sizing: 100% capital per signal (exchange manages reversals) Stop Loss: 2% (managed via exchange or external bot) Leverage: 1-2x for conservative approach, up to 5x for aggressive Important Notes ⚠️ This indicator generates entry signals only - position reversals are handled automatically by your exchange ⚠️ Always backtest on historical data before live trading ⚠️ Use proper risk management and position sizing ⚠️ Best performance in trending markets; may generate false signals in tight ranges ⚠️ Requires TradingView Premium or higher for webhook functionalityTags cryptocurrency futures automated-trading ema-crossover rsi webhook delta-exchange tradingview-alerts trend-following momentum bitcoin ethereum crypto-bot algo-trading 15-minute-strategy
Pine Script® indicator
by varuns_back
RSI(Min-Max)RSI (Min-Max) is an enhanced version of Welles Wilder's Relative Strength Index, designed to offer greater analytical precision and dynamic insight into the behavior of the RSI within each candlestick.In addition to displaying the traditional RSI value, this script calculates the possible extreme values — the minimum and maximum RSI — based on the low and high prices of the current candle. This allows you to estimate how the RSI would react if the price moved to the extremes of the bar, providing a predictive and refined reading of momentum.
Pine Script® indicator
by btdqdqwstrc
Quantura - Trendchange ZonesIntroduction “Quantura – Trendchange Zones” is an advanced technical indicator that identifies and visualizes potential market reversal zones using dynamic RSI-based logic. It highlights areas of overbought and oversold conditions, marking them as visual zones directly on the price chart, and generates corresponding bullish and bearish signals when the RSI exits these extremes. The tool helps traders anticipate possible trend change regions and confirm momentum shifts in a clean, intuitive way. Originality & Value Unlike traditional RSI indicators that only show a static oscillator, this tool transforms RSI behavior into on-chart visual zones that represent structural overbought and oversold phases. It converts RSI threshold breaches into price-based regions (boxes) and marks reversal signals at the moment of momentum change. The indicator’s originality and usefulness come from its: Direct visualization of RSI overbought and oversold areas as dynamic chart zones. Automatic detection of potential reversal regions where momentum exhaustion is likely. Integration of RSI-based signals and visual cues without requiring users to monitor the RSI window. Adjustable sensitivity for RSI length and upper/lower levels. Clear color-coded separation of bullish and bearish phases. Functionality & Core Logic The indicator continuously monitors RSI values relative to the user-defined thresholds. When RSI moves above the upper level, an Overbought Zone is created and extends until RSI falls back below that threshold. When RSI moves below the lower level, an Oversold Zone is generated and extends until RSI returns above that level. When RSI exits one of these zones, a corresponding Trendchange Signal (▲ bullish or ▼ bearish) appears at the transition point. Each zone dynamically adjusts its high and low levels during formation, representing the complete range of the exhaustion phase. Parameters & Customization RSI Length: Defines the sensitivity of RSI calculation. Shorter lengths make signals more responsive; longer lengths filter noise. Upper Level / Lower Level: Set thresholds for overbought and oversold conditions (default 70 / 30). Signals: Toggle on/off for displaying bullish (▲) and bearish (▼) reversal signals. Zones: Toggle the visualization of shaded RSI-based zones. Colors: Fully customizable bullish and bearish colors for both signals and zones. Visualization & Display Bullish reversal zones (oversold exits) are shaded using the chosen bullish color (default: blue). Bearish reversal zones (overbought exits) are shaded using the chosen bearish color (default: red). Each completed zone is outlined and filled with transparent shading for better clarity. Reversal arrows (▲ for bullish, ▼ for bearish) are displayed at the bar where RSI exits the extreme level. Clean overlay design ensures compatibility with any chart style or color scheme. Use Cases Identify overbought and oversold periods directly on the price chart without switching to the RSI window. Anticipate potential market reversals or exhaustion points based on RSI momentum shifts. Combine with trend indicators, moving averages, or volume tools for confirmation. Apply across multiple timeframes to align short-term reversal signals with higher timeframe momentum. Use zone width and duration to assess the strength and persistence of overbought/oversold conditions. Limitations & Recommendations The indicator is not a standalone trading system but a visual confirmation tool. False signals may occur in strongly trending markets where RSI remains overextended. Optimal RSI settings may differ between assets (e.g., crypto vs. equities). Combining this indicator with additional trend or structure filters can enhance accuracy. Markets & Timeframes The “Quantura – Trendchange Zones” indicator works across all markets and timeframes, including cryptocurrencies, Forex, stocks, and commodities. It is suitable for both short-term scalping and long-term swing analysis. Author & Access Developed 100% by Quantura. Published as a Open-source script indicator. Access is free. Important This description complies with TradingView’s Script Publishing and House Rules. It provides a clear explanation of the indicator’s originality, logic, and function while avoiding unrealistic performance or predictive claims.
Pine Script® indicator
by Quantura
3
KD-NewAutoTrade for Future Trading - Heikin Ashi candles The KD-NewAutoTrade strategy is a dynamic trend-following indicator designed for scalping and swing trading across crypto, forex, and index futures. It combines the precision of EMA crossovers, RSI momentum, and ADX trend strength to deliver clear Buy/Sell signals with high reliability. 🔹 Core Logic EMA Fast & Slow Crossover – Identifies short-term and long-term trend shifts. RSI Confirmation – Filters out false signals by requiring RSI to cross custom Buy/Sell thresholds. ADX Filter – Ensures trades only trigger when market trend strength exceeds your chosen ADX minimum. 🔹 Key Features Visual Buy/Sell triangles directly on the chart. Customizable inputs for EMA, RSI, and ADX lengths. Works efficiently on all timeframes and all markets (Crypto, Indices, Stocks, Commodities). Optional background highlights for active trade zones. Alert conditions for both BUY and SELL setups – ready to use in automated strategies or alert bots. 🔹 Recommended Usage Use Heikin Ashi candles Works best on 1M - 5M timeframes. Combine with volume or higher-timeframe trend confirmation for stronger signals.
Pine Script® indicator
by krish16887
Volume Spike & RSI | Buy/Sell SignalsThis indicator is designed for intraday traders who seek clean, actionable buy and sell signals using a blend of momentum (RSI) and volume analysis. It automatically detects momentum bursts based on the RSI crossing user-defined levels with a simultaneous volume spike—helping filter out weak or late signals. Signals are highlighted by discrete, color-coded arrows and non-overlapping labels for easy chart interpretation without clutter. How it works Buy signal: Generated when the RSI crosses above your chosen “Buy Threshold” (default 60) AND the volume on that bar is above its 20-period average. This suggests strong momentum with real volume support. Sell signal: Generated when the RSI crosses below your chosen “Sell Threshold” (default 40) AND the volume on that bar is above average, signaling momentum loss or bearish pressure. Visuals: Buy signals are illustrated by green upward labels/arrows beneath candles. Sell signals feature red downward labels/arrows above candles. All signals adjust spacing dynamically, so they never overlap the price bar. Bars are colored lime when momentum and volume are both high. Customization Fully adjustable RSI “Buy” and “Sell” levels. Customizable sensitivity for the volume spike via the SMA period input. Label spacing can be tuned in settings so signals always remain visible, regardless of volatility. Alerts Built-in alert conditions for both buy and sell events, compatible with TradingView’s native alerting system. How to use 1. Add the indicator to your intraday chart (works on any timeframe). 2. When a buy or sell label/arrow appears, it marks a technical momentum burst with real volume conviction. Use these as actionable entries or exits—always manage risk with your personal trading plan. 3. Adjust parameters in the script’s settings as needed for your market or style. Originality & credits The logic and code were developed specifically for this script, combining classic RSI levels with volume confirmation and careful non-overlapping visual presentation to ensure clarity for intraday trading. This tool is for educational and informational purposes only. It is not financial advice or a guarantee of performance. Always test on demo before using in live trading.
Pine Script® indicator
by darshakssc
2
Intraday Multi-Signal Dashboard + Dynamic SignalsThis indicator provides a clean visual dashboard summarizing multiple intraday signals on a single chart. It plots key trend and momentum metrics — EMA alignment, RSI zone, MACD histogram, and Volume vs. average — along with a compact dashboard table for quick decision support. What It Does EMA Trend Monitor: Plots 9-, 21-, and 50-period EMAs and detects when they align strongly up or down. RSI Zone Analysis: Highlights overbought / oversold conditions based on configurable RSI thresholds. MACD Momentum: Reads MACD histogram strength and directional bias (bullish/bearish). Volume Check: Compares current volume against its moving average to spot above-average participation. Dashboard Summary: Displays all current signal states in a color-coded table (green = bullish, red = bearish, orange = caution). Dynamic Markers: Small floating circles plotted near candles (ATR-based offset) that move with price when zooming/panning. ⚙️ Inputs & Customization Adjustable EMA lengths (default 9/21/50). RSI length, overbought/oversold/neutral thresholds. MACD parameters (fast, slow, signal). Volume moving average length and threshold multiplier. ATR-based marker offset for zoom scaling. Compact mode toggle for the dashboard table. Table anchor position selectable (top/bottom corners). 📈 How to Use Add the script to your intraday chart (5 min – 1 hour works best). Observe the dashboard table for quick signal consensus. Use it as a visual aid alongside your existing strategy or confirmations. Color cues: 🟢 Green → bullish alignment 🔴 Red → bearish alignment 🟠 Orange → caution / overbought or oversold ⚪ Gray → neutral ⚠️ Important Notes (Compliance) This script is for informational and educational purposes only. It does not generate buy/sell signals or financial advice. All calculations use bar-close data and are non-repainting. Past performance is not indicative of future results. You may freely modify or adapt it for your personal use. Original author: @darshakssc 🧠 Recommended Use Ideal for traders who want a quick sentiment snapshot without clutter — works well as an overlay on intraday setups or alongside volume profile and order flow indicators
Pine Script® indicator
by darshakssc
Liquidity & Momentum Master (LMM)💎 Liquidity & Momentum Master (LMM) A professional dual-system indicator that combines: 📦 High-Volume Support/Resistance Zones and 📊 RSI + Bollinger Band Combo Signals — to visualize both smart money footprints and momentum reversals in one clean tool. 🧱 1. High-Volume Liquidity Zones (Support/Resistance Boxes) Conditions Visible only on 1H and higher timeframes (1H, 4H, 1D, etc.) Detects candles with abnormally high volume and strong ATR-based range Separates bullish (support) and bearish (resistance) zones Visualization All boxes are white, with adjustable transparency (alphaW, alphaBorder) Each box extends to the right automatically Only the most important (Top-N) zones are kept — weaker ones are removed automatically Interpretation White boxes = price areas with heavy liquidity and volume concentration Price approaching these zones often leads to bounces or rejections Narrow spacing = consolidation, wide spacing = potential large move 💎 2. RSI Exit + BB-RSI Combo Signals RSI Exit (Overbought/Oversold Recovery) RSI drops from overbought (>70) → plots red “RSI” above the candle RSI rises from oversold (<30) → plots green “RSI” below the candle Works on 15m, 30m, 1H, 4H, 1D → Indicates short-term exhaustion recovery BB-RSI Combo (Momentum Reversal Confirmation) Active on 1H and higher only Requires both: ✅ RSI divergence (bullish or bearish) ✅ Bollinger Band re-entry (after temporary breakout) Combo Buy (Green Diamond) Bullish RSI divergence Candle closes back above lower Bollinger Band Combo Sell (Red Diamond) Bearish RSI divergence Candle closes back below upper Bollinger Band → Confirms stronger reversal momentum compared to standard RSI signals
Pine Script® indicator
by HSeungpyo
Tristan's Tri-band StrategyTristan's Tri-band Strategy - Confluence Trading System Strategy Overview: This strategy combines three powerful technical indicators - RSI, Williams %R, and Bollinger Bands - into a single visual trading system. Instead of cluttering your chart with separate indicator panels, all signals are displayed directly on the price chart using color-coded gradient overlays, making it easy to spot high-probability trade setups at a glance. How It Works: The strategy identifies trading opportunities when multiple indicators align (confluence), suggesting strong momentum shifts: 📈 Long Entry Signals: RSI drops to 30 or below (oversold) Williams %R reaches -80 to -100 range (oversold) Price touches or breaks below the lower Bollinger Band All three conditions must align during your selected trading session 📉 Short Entry Signals: RSI rises to 70 or above (overbought) Williams %R reaches 0 to -20 range (overbought) Price touches or breaks above the upper Bollinger Band All three conditions must align during your selected trading session Visual Indicators: (faint) Green gradients below candles = Bullish oversold conditions (buying opportunity) (faint) Red/Orange gradients above candles = Bearish overbought conditions (selling opportunity) Stacked/brighter gradients = Multiple indicators confirming the same signal (higher probability) will stack and show brighter / less faint Blue Bollinger Bands = Volatility boundaries and mean reversion zones Exit Strategy: Long trades exit when price reaches the upper Bollinger Band OR RSI becomes overbought (≥70) Short trades exit when price reaches the lower Bollinger Band OR RSI becomes oversold (≤30) Key Features: ✅ Session Filters - Trade only during NY (9:30 AM-4 PM), London (3 AM-11:30 AM), or Asia (7 PM-1 AM EST) sessions ✅ No Repainting - Signals are confirmed on candle close for realistic backtesting and live trading ✅ Customizable Parameters - Adjust RSI levels, BB standard deviations, Williams %R periods, and gradient visibility ✅ Visual Clarity - See all three indicators at once without switching between panels ✅ Built-in Alerts - Get notified when entry and exit conditions are met How to Use Effectively: Choose Your Trading Session - For day trading US stocks, enable only the NY session. For forex or 24-hour markets, select the sessions that match your schedule. Look for Gradient Stacking - The brightest, most visible gradients occur when both RSI and Williams %R signal together. These are your highest-probability setups. Confirm with Price Action - Wait for the candle to close before entering. The strategy enters on the next bar's open to prevent repainting. Respect the Bollinger Bands - Entries occur at the outer bands (price extremes), and exits occur at the opposite band or when momentum reverses. Backtest First - Test the strategy on your preferred instruments and timeframes. Works best on liquid assets with clear trends and mean reversion patterns (stocks, major forex pairs, indices). Adjust Gradient Visibility - Use the "Gradient Strength" slider (lower = more visible) to make signals stand out on your chart style. Best Timeframes: 5-minute to 1-hour charts for intraday trading; 4-hour to daily for swing trading (I have also found the 3 hour timeframe to work really well for some stocks / ETFs.) Best Markets: Liquid instruments with volatility - SPY, QQQ, major stocks, EUR/USD, GBP/USD, major indices Risk Management: This is a mean reversion strategy that works best in ranging or choppy markets. In strong trends, signals may appear less frequently. Always use proper position sizing and stop losses based on your risk tolerance. ---------------------------------------------- Note: Past performance does not guarantee future results. This strategy is provided for educational purposes. Always backtest thoroughly and practice proper risk management before live trading.RetryClaude can make mistakes. Please double-check responses. Sonnet 4.5
Pine Script® strategy
by OhRayOhRay
RSI Exit + BB-RSI Combo📊 RSI Exit + BB-RSI Combo Indicator This indicator combines RSI overbought/oversold exit signals with Bollinger Band re-entry conditions to highlight potential reversal or retracement zones. 1️⃣ RSI Exit Signal - When RSI drops below 70 after being overbought → 🔴 "RSI" label - When RSI rises above 30 after being oversold → 🟢 "RSI" label - Works on 15m / 30m / 1h / 4h / 1D timeframes 2️⃣ BB-RSI Combo Signal - When an RSI divergence forms and - The candle body re-enters the Bollinger Band on 1H+ timeframe → Combo signal (💎 diamond) is shown 💡 How to Use - Use RSI exit signals to spot overextension corrections - Use combo signals to identify high-probability reversal or rebound setups - Suitable for both swing and short-term trading
Pine Script® indicator
by HSeungpyo
Volume Weighted Relative Strength IndexThis indicator calculates the Relative Strength Index (RSI) and enhances it with optional volume weighting (VWRSI). It also includes a customizable signal line and a built-in divergence detection engine. Key Features: Volume-Weighted Calculation: An option (Volume weighted) allows for volume to be incorporated into the calculation of both the RSI itself and its moving average signal line, making the oscillator more sensitive to high-volume price changes. Customizable Signal Line: Includes an optional moving average of the VWRSI, which serves as a signal line. The type of MA (Smooth Method) and its length can be customized. Full Divergence Suite (Class A, B, C): The primary feature is the integrated divergence engine. It automatically detects and plots all three major types of divergences: Regular (A): Signals potential trend reversals. Hidden (B): Signals potential trend continuations. Exaggerated (C): Signals weakness at double tops/bottoms. Divergence Filtering and Visualization: Price Tolerance Filter: Divergence detection is enhanced with a percentage-based price tolerance (pivPrcTol) to filter out insignificant market noise. Persistent Visualization: Divergence markers are plotted for the entire duration of the signal and are visually anchored to the VWRSI level of the confirming pivot. Note on Confirmation (Lag): Divergence signals rely on a pivot confirmation method to ensure they do not repaint. The Start of a- divergence is only detected after the confirming pivot is fully formed (a delay based on Pivot Right Bars). The End of a divergence is detected either instantly (if the signal is invalidated by price action) or with a delay (when a new, non-divergent pivot is confirmed). Multi-Timeframe (MTF) Capability: MTF VWRSI Line: The VWRSI and its signal line can be calculated on a higher timeframe, with standard options to handle gaps (Fill Gaps) and prevent repainting (Wait for...). Limitation: The Divergence detection engine (pivDiv) is disabled if a timeframe other than the chart's timeframe is selected. Divergences are only calculated on the active chart timeframe. Integrated Alerts: Includes 20 comprehensive alerts for: The start and end of all 6 divergence types. The VWRSI crossing its signal line. The VWRSI crossing the Overbought, Oversold, or 50-level lines. DISCLAIMER For Informational/Educational Use Only: This indicator is provided for informational and educational purposes only. It does not constitute financial, investment, or trading advice, nor is it a recommendation to buy or sell any asset. Use at Your Own Risk: All trading decisions you make based on the information or signals generated by this indicator are made solely at your own risk. No Guarantee of Performance: Past performance is not an indicator of future results. The author makes no guarantee regarding the accuracy of the signals or future profitability. No Liability: The author shall not be held liable for any financial losses or damages incurred directly or indirectly from the use of this indicator. Signals Are Not Recommendations: The alerts and visual signals (e.g., crossovers) generated by this tool are not direct recommendations to buy or sell. They are technical observations for your own analysis and consideration.
Pine Script® indicator
by AustrianTradingMachine
v2.0—Tristan's Multi-Indicator Reversal Strategy🎯 Multi-Indicator Reversal Strategy - Optimized for High Win Rates A powerful confluence-based strategy that combines RSI, MACD, Williams %R, Bollinger Bands, and Volume analysis to identify high-probability reversal points . Designed to let winners run with no stop loss or take profit - positions close only when opposite signals occur. Also, the 3 hour timeframe works VERY well—just a lot less trades. 📈 Proven Performance This strategy has been backtested and optimized on multiple blue-chip stocks with 80-90%+ win rates on 1-hour timeframes from Aug 2025 through Oct 2025: ✅ V (Visa) - Payment processor ✅ MSFT (Microsoft) - Large-cap tech ✅ WMT (Walmart) - Retail leader ✅ IWM (Russell 2000 ETF) - Small-cap index ✅ NOW (ServiceNow) - Enterprise software ✅ WM (Waste Management) - Industrial services These stocks tend to mean-revert at extremes, making them ideal candidates for this reversal-based approach. I only list these as a way to show you the performance of the script. These values and stock choices may change over time as the market shifts. Keep testing! 🔑 How to Use This Strategy Successfully Step 1: Apply to Chart Open your desired stock (V, MSFT, WMT, IWM, NOW, WM recommended) Set timeframe to 1 Hour Apply this strategy Check that the Williams %R is set to -20 and -80, and "Flip All Signals" is OFF (can flip this for some stocks to perform better.) Step 2: Understand the Signals 🟢 Green Triangle (BUY) Below Candle: Multiple indicators (RSI, Williams %R, MACD, Bollinger Bands) show oversold conditions Enter LONG position Strategy will pyramid up to 10 entries if more buy signals occur Hold until red triangle appears 🔴 Red Triangle (SELL) Above Candle: Multiple indicators show overbought conditions Enter SHORT position (or close existing long) Strategy will pyramid up to 10 entries if more sell signals occur Hold until green triangle appears 🟣 Purple Labels (EXIT): Shows when positions close Displays count if multiple entries were pyramided (e.g., "Exit Long x5") Step 3: Let the Strategy Work Key Success Principles: ✅ Be Patient - Signals don't occur every day, wait for quality setups ✅ Trust the Process - Don't manually close positions, let opposite signals exit ✅ Watch Pyramiding - The strategy can add up to 10 positions in the same direction ✅ No Stop Loss - Positions ride through drawdowns until reversal confirmed ✅ Session Filter - Only trades during NY session (9:30 AM - 4:00 PM ET) ⚙️ Winning Settings (Already Set as Defaults) INDICATOR SETTINGS: - RSI Length: 14 - RSI Overbought: 70 - RSI Oversold: 30 - MACD: 12, 26, 9 (standard) - Williams %R Length: 14 - Williams %R Overbought: -20 ⭐ (check this! And adjust to your liking) - Williams %R Oversold: -80 ⭐ (check this! And adjust to your liking) - Bollinger Bands: 20, 2.0 - Volume MA: 20 periods - Volume Multiplier: 1.5x SIGNAL REQUIREMENTS: - Min Indicators Aligned: 2 - Require Divergence: OFF - Require Volume Spike: OFF - Require Reversal Candle: OFF - Flip All Signals: OFF ⭐ RISK MANAGEMENT: - Use Stop Loss: OFF ⭐⭐⭐ - Use Take Profit: OFF ⭐⭐⭐ - Allow Pyramiding: ON ⭐⭐⭐ - Max Pyramid Entries: 10 ⭐⭐⭐ SESSION FILTER: - Trade Only NY Session: ON - NY Session: 9:30 AM - 4:00 PM ET **⭐ = Critical settings for success** ## 🎓 Strategy Logic Explained ### **How It Works:** 1. **Multi-Indicator Confluence**: Waits for at least 2 out of 4 technical indicators to align before generating signals 2. **Oversold = Buy**: When RSI < 30, Williams %R < -80, price below lower Bollinger Band, and/or MACD turning bullish → BUY signal 3. **Overbought = Sell**: When RSI > 70, Williams %R > -20, price above upper Bollinger Band, and/or MACD turning bearish → SELL signal 4. **Pyramiding Power**: As trend continues and more signals fire in the same direction, adds up to 10 positions to maximize gains 5. **Exit Only on Reversal**: No arbitrary stops or targets - only exits when opposite signal confirms trend change 6. **Session Filter**: Only trades during liquid NY session hours to avoid overnight gaps and low-volume periods ### **Why No Stop Loss Works:** Traditional reversal strategies fail because they: - Get stopped out too early during normal volatility - Miss the actual reversal that happens later - Cut winners short with tight take profits This strategy succeeds because it: - ✅ Rides through temporary noise - ✅ Captures full reversal moves - ✅ Uses multiple indicators for confirmation - ✅ Pyramids into winning positions - ✅ Only exits when technical picture completely reverses --- ## 📊 Understanding the Display **Live Indicator Counter (Top Corner / end of current candles):** Bull: 2/4 Bear: 0/4 (STANDARD) Shows how many indicators currently align bullish/bearish "STANDARD" = normal reversal mode (buy oversold, sell overbought) "FLIPPED" = momentum mode if you toggle that setting Visual Indicators: 🔵 Blue background = NY session active (trading window) 🟡 Yellow candle tint = Volume spike detected 💎 Aqua diamond = Bullish divergence (price vs RSI) 💎 Fuchsia diamond = Bearish divergence ⚡ Advanced Tips Optimizing for Different Stocks: If Win Rate is Low (<50%): Try toggling "Flip All Signals" to ON (switches to momentum mode) Increase "Min Indicators Aligned" to 3 or 4 Turn ON "Require Divergence" Test on different timeframe (4-hour or daily) If Too Few Signals: Decrease "Min Indicators Aligned" to 2 Turn OFF all requirement filters Widen Williams %R bands to -15 and -85 If Too Many False Signals: Increase "Min Indicators Aligned" to 3 or 4 Turn ON "Require Divergence" Turn ON "Require Volume Spike" Reduce Max Pyramid Entries to 5 Stock Selection Guidelines: Best Suited For: Large-cap stable stocks (V, MSFT, WMT) ETFs (IWM, SPY, QQQ) Stocks with clear support/resistance Mean-reverting instruments Avoid: Ultra low-volume penny stocks Extremely volatile crypto (try traditional settings first) Stocks in strong one-directional trends lasting months 🔄 The "Flip All Signals" Feature If backtesting shows poor results on a particular stock, try toggling "Flip All Signals" to ON: STANDARD Mode (OFF): Buy when oversold (reversal strategy) Sell when overbought May work best for: V, MSFT, WMT, IWM, NOW, WM FLIPPED Mode (ON): Buy when overbought (momentum strategy) Sell when oversold May work best for: Strong trending stocks, momentum plays, crypto Test both modes on your stock to see which performs better! 📱 Alert Setup Create alerts to notify you of signals: 📊 Performance Expectations With optimized settings on recommended stocks: Typical results we are looking for: Win Rate: 70-90% Average Winner: 3-5% Average Loser: 1-3% Signals Per Week: 1-3 on 1-hour timeframe Hold Time: Several hours to days Remember: Past performance doesn't guarantee future results. Always use proper risk management.
Pine Script® strategy
by OhRayOhRay
2
GTI BGTI: RSI Suite (Standard • Stochastic • Smoothed) A three-layer momentum and trend toolkit that combines Standard RSI, Stochastic RSI, and a Smoothed/“Macro” RSI to help you read intraday swings, trend transitions, and high-probability reversal/continuation spots. All in one pane with intuitive coloring and optional divergence markers and alerts. Why this works * Stochastic RSI (K/D) visualizes fast momentum swings and timing. * Standard RSI moves more gradually, helping confirm trend transitions that may span several Stochastic cycles. * Smoothed RSI (Average → Macro) adds a second-pass filter and slope persistence to reveal the macro direction while suppressing noise. Used together, Stochastic guides entries/exits around local highs/lows, while the RSI layers improve confidence when a small swing is likely part of a larger turn. What you’ll see * Standard RSI (yellow; pink above Bull line, aqua below Bear line). * Stochastic RSI (K/D) with contextual colors: * Greens when RSI is weak/oversold (bearish conditions → watch for bullish reversals/continuations). * Reds when RSI is strong/overbought (bullish conditions → watch for bearish reversals/continuations). * Smoothed (Macro) RSI with trend color: * Red when macro is ascending (bullish), * Aqua when macro is descending (bearish). * Divergences (optional markers): * Bearish: RSI Lower High + Price Higher High (red ⬇). * Bullish: RSI Higher Low + Price Lower Low (green ⬆). * No repaint: pivots confirm after the chosen right-bars window. How to use it * Bullish Reversal * Macro RSI is reversing at a higher low after price has been in a overall downtrend * Stochastic RSI is switching from green to red in an overall downtrend * Bullish Oversold * Macro RSI is reversing from a significantly low level after price has a short but strong dip during an overall uptrend * Stochastic RSI is switching from green to red in an overall uptrend * Bullish Continuation * Macro RSI is ascending with a strong slope or forming a higher low above the 50 line * Stochastic RSI is reaching a bottom but still painted red * Bearish Reversal * Macro RSI is reversing at a lower high after price has been in a overall uptrend * Stochastic RSI is switching from red to green in an overall uptrend * Bearish Overbought * Macro RSI is reversing from a significantly high level after price has a short but strong jump during an overall downtrend * Stochastic RSI is switching from red to green in an overall downtrend * Bearish Continuation * Macro RSI is descending with a strong slope or forming a lower high below the 50 line * Stochastic RSI is reaching a top but still painted green * Divergences: Use as signals of exhaustion—best when aligned with Macro RSI color/slope and key levels (e.g., Bull/Bear lines, 50 midline). *** IMPORTANT *** * Stack confluence, don’t single-signal trade. Look for: * 1) Macro RSI color & slope (red = ascending/bullish, aqua = descending/bearish) * 2) Standard RSI location (above/below Bull/Bear lines or 50) * 3) Stoch flip + direction * 4) Price structure (HH/HL vs LH/LL) * 5) Divergence type (regular vs hidden) at meaningful levels * Trade with the macro * Prioritize longs when Macro RSI is red or just flipped up * Prioritize shorts when Macro RSI is aqua or just flipped down * Counter-trend setups = smaller size and faster management. * Location > signal * The same crossover/divergence is higher quality near Bull (~60)/Bear(~40) or extremes than in the mid-range chop around 50. * Early vs confirmed * Use the early pivot heads-up for anticipation, but scale in only after the confirmed pivot (right-bars complete). If early signal fails to confirm, stand down. * Define invalidation upfront * For divergence entries, place stops beyond the pivot extreme (LL/HH). If Macro RSI flips against your trade or RSI breaks back through 50 with slope, exit or tighten. * Multi-timeframe alignment * Best results come when entry timeframe (e.g., 1H) aligns with higher-TF macro (e.g., 4H/D). If they disagree, treat it as mean-reversion only. * Avoid common traps * Skip: isolated Stochastic flips without RSI support, divergences without price HH/LL confirmation, and serial divergences when Macro RSI slope is strong against the idea. * Parameter guidance * Start with defaults; then tune: confirmBars 3–7, minSlope 0.05–0.15 RSI pts/bar, pivot left/right tighter for faster but noisier signals, wider for cleaner but fewer. * Alerts = workflow, not auto-trades * Use Macro Flip + Divergence alerts as a checklist trigger; enter only when your confluence rules are met and risk is defined. Key inputs (tweak to your market/timeframe) * RSI / Stochastic lengths and K/D smoothing. * Bull / Bear Lines (default 61.1 / 43.6). * Average RSI Method/Length (SMA/EMA/RMA/WMA) + Macro Smooth Length. * Trend confirmation: bars of persistence and minimum slope to reduce flip noise. * Pivot look-back (left/right) for divergence confirmation strictness. Alerts included * Macro Flip Up / Down (Smoothed RSI regime change). * RSI Bullish/Bearish Divergence (confirmed at pivot). * Stochastic RSI continuation/divergence (optional). Tips * Level + Slope matter. High/low RSI level flags conditions; slope confirms impulse/continuation. * Let Stochastic time the swing; let Macro RSI filter the trend. * Tighten or loosen pivot windows to trade fewer/cleaner vs. more/faster signals.
Pine Script® indicator
by theValleyMan
4