RSI inverse fisher transform (fishy turbo) as described here: autotradingstrategy.wordpress.com forexsb.com
Double ema rsi, oscillator to discern directional bias.
Depending on the new trend - Fisher 100 crossing 0; Set an alert on each Long/Short "crossing down", 0.8 (or anything below 0.99), "on condition"
The main idea is to identify a divergence between momentum and price movement. E.g. if the momentum is rising but price is going down - this is what we call a divergence. The divergence will be calculated by comparing the direction of the linear regression curve of the price with the linear regression curve of momentum. A bearish divergence can be identified by a...
UPDATE: added CCI to the list of oscilators.
Update: added Fisher Transform to the list of oscillators.
This is a different version of Stochastic RSI. the only difference is the use of variable moving average by Lazybear instead of regular sma for K smoothing. Its purely an experiment. I am not a professional trader but an enthusiastic programmer trying different indicator combination to see different results. Criticizing and negative comments will be gracefully...
Redline - vanilla RSI (where are we now) Aqua - first difference/moment (how fast are we going) Grey/Green - Second difference/moment (are we speeding up / slowing down?) aka Inertia
High lights the bars based on the RSI (to avoid losing space for another indicator)
This indicator calculates and plots 2 separate EMAs of the RSI. The default settings below work great on SPX/SPY daily chart. General rule is if an EMA is above 50, the stock's near term outlook is bullish. If an EMA is below 50, the near term outlook is bearish. Personally, I like to use a fast EMA as a buy signal and a slow EMA as a sell signal. Default...
Adapted from: Credit: gb50k a great way to look at correlation and arbitrage.
Based on increasing and decreasing strength, this indicator will give a good indication of when a short or long opportunity is available.
I updated RicardoSantos' MA RSI V0. I added two more moving averages and changed the background color&style.
color coded RSI that looks at larger time frame RSIs for confirmation (2 times and 4 times the selected RSI length).