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...
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...
Hi All,
This is Greed and Fear Score script. The uses of this indicator is to let users know what is the state for each bar closed.
Warren Buffett once said that it is wise for investors to be “fearful when others are greedy, and greedy when others are fearful.
Greed & Fear Score (range from 1 - 5) has taken multiple measurements into consideration such as CCI,...
QuantMEX Walk Forward Simulation - RSI
Simulation is one of the most powerful analytical techniques ever created. It is a crucial step in finding effective strategies. The purpose of this indicador is the walf-forward simulation method for the classic Relative Strength Index , adopting a systematic and orderly procedure designed to realistically test a...
EN: High Frequency Trade Algo TVQ is an advanced algorithmic system developed using Volume Weighted / Exponential Moving Averages, vWap and Ichimoku . Said indicators are re-blended with the Volume Weighted Average ( vWap ) algorithm used by Merryl Lynch or Yapıkredi algorithms. It does not act like the classic Ichimoku or Moving Averages. TVQ was used instead of...
Works well on Bitcoin or most altcoins on a 15min chart or higher.
What is this exactly?
This is an indicator that uses horizontal RSI + EMA lines with a CCI line on top of it to provide optimal entry and exit positions for trading. There is also a breakout indicator based on the width of Bollinger Bands.
How to use:
If the blue stream passes upwards on the...
We've taken the RSI moving oscillator, given it the classic UTG flair & made it more useful.
We're always talking about how there are a few key levels on the RSI indicator that give us the indication of whether we are bullish or bearish.
- We've added those key levels into the RSI indicator.
- Added the 50 level as our key swing into the bearish or bullish...
Japanese below / 日本語説明は下記
Overview
Multi-function RSI indicator with functions below.
1.MTF with display timeframe control
2.Auto divergence drawing incl. hidden divergence
3.Signal when RSI crosses over upper band/crosses under lower band
4.Color background when MTF RSI crosses over/under lower band
5.Alert when RSI crosses over upper band/crosses under lower...
Hereby the study script where the RSI of a (preferably) altcoin is compared to one of the selected cryptocap indices. Included are:
-total market cap
-total market cap minus bitcoin
-total market cap others
-total market cap usdt
-cix100 index
-btc dominance
-btc total cap
If the signal crosses over 1, then the altcoin is undervalued compared to the crypto index...
Hey traders, this is a market dashboard that can be useful to have on top of your charts. It provides information of the trends discovered, the volatility, the current MACD Trend, the current trend, RSI level, RSI Overbought / Oversold state, TSI level, TSI Overbought / Oversold state, the volume percentage, and more. You can customise the dashboard location, the...
The indicator is inspired by inputs from Mr. Nitish Kumar.
It also takes into account VWAP but only if the current time frame is intraday, i.e less than 1D.
I hope this indicator will help a lot of retail investor save their hard earned money in the stock market and benefit from Mr. NK's strategy.
When blue - Go long.
When red - Go short.
Best,
Swan
Durbtrade Triple RSI - 3 individual RSI's on 1 indicator, each distinguishable by length, as well as line color, thickness, opacity, and type.
(note: usable line TYPES are limited... try experimenting)
1) RSI's
A) Each RSI can be customized to change color based on RSI vertical direction (default = only RSI #1 changes color).
B) All 3 RSI's use a single...
![BTCUSDT: RSI Trend Indicator [paRSI]](https://s3.tradingview.com/w/wx4lWX6p_mid.png "RSI Trend Indicator [paRSI]")
![ROSEUSDT: RSI correlation with cryptoindices [alert version]](https://s3.tradingview.com/e/eVpMaQ2v_mid.png "RSI correlation with cryptoindices [alert version]")
