Mean Reversion indicator based on RSI Divergences at Overbought/Oversold conditions with Price above/below a Standard Deviation from Daily VWAP. Useful for intra-day trading. Signal criteria: 1. RSI is at Overbought/Oversold 2. RSI Divergence present (not hidden) 3. RSI has not reached Neutral level (i.e. 50) 4. Price has crossed above/below a Standard Deviation...
This is a better, cleaner version (in my opinion) of an part of an indicator I was using that was coded up by cI8DH. I reached out to him about cleaning up the code (things weren't working) for Pinescript v4, but he no longer seems to be active, so I thought I might take it upon myself to at least work out this portion of the indicator. Much credit goes to him....
This is a script that uses a couple of other indicators to find good swing trade entry's and exit's. You can choose which signals the script uses to calculate the position of the signals. It uses the following: - Stoch RSI - MACD - POC - INDIGO Cloud Also added are volume candles, acceleration of momentum indicators (triangle) and MACD candles. This way you can...
This is a Multi resolution or multi Time frame RSI. This indicator is made to see 3 different time frames RSI in a single Band. User can input all 3 timeframes on input section. The Highest time RSI is denoted in BLACK color. The Medium time RSI is denoted in BLUE color. The Smaller time RSI is denoted in GREEN color. The overbought and oversold region is 70 and...
This Script displays Regular or Log Returns as either a line or histogram and labels the current bar. If something other than price is selected as the source, the result is percent change with a positive or negative slope. If a moving average of price is used as the source, the result is analogous to a strength index Other options include a look-back period...
Displays Stochastic RSI from 6 different timeframes. Default timeframe settings: 5min, 15min, 30min, 1hr, 4hr, 1day.
Publishing this script on special request. script siulates the strategy given by very polite and veteran trader from Patna ( NK Stock Talk ) . according to him, one can predict the market movement in any timeframe by applying some correlations of volume and price on top of strength. He recommends to apply weighted moving avergage ( to predict volume factor ) on...
Color bars based on Open/Close percentage difference and RSI level requirements.
This oscillator is based on RSI combined with linear regression. The calculation of RSI is based on the linear regression value, not on simple "src" as usual. Otherwise, everything remains as usual: overbought and oversold values (which are painted in green and red).
Fibodex Trap indicator this indicator designed by the Fibodex team you will receive dump and bump singles buy using this indicator also, you will receive buy and sell signals indeed by using our indicator you won't need many technical analyses The accuracy of the indicator with the correct settings is estimated to be more than 70% also, we are trying to improve...
RSI Aggregator for Altcoin swings and Scalping. Detects macro market trends. 10 tickers (customizable). All 10 must be filled. Example: Defi cycle, fill samples with 5 strong DEFI coins and 5 others you are interested in particular. Buy red label and ride trend. Sell signals are places for possible ladder selling. Yellow buy dots, ladder buys. Best results in 1...
This is an indicator that will make analysis using RSI much easier! This indicator is basically an RSI, that uses the concept of bollingerbands, and draws channel that corresponds with the real RSI value. With this script, you will be able to 1.spot divergences visually, and much easier (rsi channel is set to 35/65-white 30/70-yellow 20/80-orange...
Relative Strength Colored This script plots Relative strength Compared to TSLA Index. You can change it to your requirement .
this indicator plots the derivatives of the RSI to get more leading sense of direction of the price we know that the rsi shows us the momentum of the price, so the easiest/logical way to interpret this indicator and benefit from it is as follows: - see the price as 'distance' - see the rsi as 'speed' - see the rsi/momentum of the above/'speed' as 'velocity' - see...
This indicator presents standart RSI and MACD indicators in a single indicator. The appearances of these indicators have been modified a little bit and squeezed into one window. To overcome the scale problem the MACD values has expanded with 1000 and divided by the current price to use both indicators in the same scale. Original values could be determined from...
Repulsion Engine is a proof of concept for a series of indicators using repulsion, as re-contextualized from the following: www.quantamagazine.org In my view, the technique is unique, and therefore a new category of indicator, but that distinction will, obviously, be left to the community and to the moderators. One thing that can be said is repulsion appears to...
This script is composed of 4 elements: EMA Cross Indicator Money Flow Indicator Oversold/Overbought RSI with divergence indicator Apirine Slow RSI EMA Cross: The EMA Cross provides a rough idea of trend direction. The 50 horizontal line will flash green/red depending on the current EMA crossover status. The EMA values can be changed depending on your...
The Relative Strength Index ( RSI ) is a measurement used by traders to assess the price momentum. It is scaled from 0 to 100. when RSI reads below 30, it is usually interpreted as oversold and when RSI is above 70 it is usually interpreted as overbought. However, it is usually not profitable to trade based on overbought and oversold signal. RSI Trend Indicator...