This is variation of RSI Divergence strategy. I have added a filter (long term RSI) to the Rules. strategy BUYs when RSI 50 period is above 50 line and there is divergence on the short term RSI settings ========= short term RSI period 5 long term RSI period 50 stopLoss is 8% --- if setting is enabled BUY Rule ======== RSI 50 is above 50 line short...
This is the indicator version of RSI V Pattern strategy alertconditions added. Note: This beta version , I still need to fix the color for the Exit when trade is not in Long ...
The Double Smoothed RSI Indicator was created by William Blau (Stocks & Commodities V. 9:5 (202-205)) and is a variation of the classic RSI using his Momenta Indicator and his Momenta RSI formula. I have color coded everything to make it very easy to determine buy and sell signals. Let me know if you would like to see me write scripts for other indicators!
™TradeChartist MTF RSI Spotter is an elegant Multi Timeframe RSI tool that helps spot price trends using visually engaging and appealing RSI plots and backgrounds compared to the basic RSI plot. Also the Bull and the Bear background fills + HTF RSI based background fills are highly useful for traders who like to visually understand areas of entry and exit based...
Description of the SA_RSIvol_ORSI indicator The rsivol indicator has undergone changes and additions. Since this modified indicator is used in the video, I publish it with explanations. First add-on In order to eliminate some delay in the rsivol blue line, A rsivol with a period of 200 was introduced. Then this line became some long-term reference and the...
Easily highlight positive or negative divergence between price movement and RSI with Takashi-powered Divergence analysis. Divergence strategy signals a potential reversal point because directional momentum does not confirm price. A bullish divergence occurs when the underlying market makes a lower low and RSI forms a higher low: RSI does not confirm the lower low...
Hello traders My way to fight this situation is to stay productive. Hope some of my scripts will help you out as most of us are locked-down at home, hence have more time for trading - and preparing ourselves when the sun will shine on us again I - Concept This is an upgrade of this script which captured only the regular divergences This screener detects...
Hello traders I hope you're all hanging on at home with what's going on these days... The good news is.... it gives us more time to trade ^^.... #positive #attitude I - Concept This screener detects whether the regular RSI divergences based on the TradingView Divergence built-in indicator (made by the gentleman @everget I believe) With this screener, you can...
Extensive divergence spotting script, including 6 different indicators. You can choose between RSI, Stoch RSI, MACD, CCI, OBV and WaveTrend (LazyBear) and define your look back period as well as the candle source the indicator should work on. BITSTAMP:BTCUSD
This is an optimized version of a popular RSI Divergence Detector with a bar color scheme based on the RSI's direction RSI Divergence is a potent tool in identifying shifts in market momentum or trend reversals. A RSI momentum divergence occurs when there's a disagreement between the direction of the price and the RSI . For example, in an uptrend, a divergence...
This indicator highlights RSI divergences. R green label: Regular Bullish Divergence. H green label: Hidden Bullish Divergence. R red label: Regular Bearish Divergence. H red label: Hidden Bearish Divergence. You can choose the range where the Divergences should be looked for. Bars Back Min should not be too low to avoid too many false...
So my goal here was to combine all of my RSI ideas into a single indicator in order to make kind of a "Swiss Army Knife" version of the Relative Strength Index...
‘’Ultimate Gemstone = best indicator to accurately predict price movement based on momentum’’ This indicator is combination of multiple indicators (RSI, Stoch, GM, Moving averages & CCI) works on all the trading assets and time frames. Accurately predicts top and bottoms ( tested on all major crypto's, stocks and forex). Comes with 6 different presets with...
Adaptive RSI RSI with a twist. The values are calculated differently depending upon whether the RSI is above or below the centre point. I have found this gives: More pronounced divergences which are easier to spot and more accurate at predicting local top and bottoms More accurate indications of overbought/oversold conditions.
Hello traders Hope you had a great Thanksgiving Now it's my turn to give and all I ask in return is you to be thankful (did I get the "Thanksgiving" thing right?) The Currency Strength Indicator plots an average of the selected FX pairs in the indicator. Someone asked me if I could develop an alternative of that script adding a divergence component. The...
This script fires off real-time RSI Divergence alerts. To best use the RSI Divergence indicators, adjust the following settings accordingly. • RSI Bullish Divergence Under: 20 – 45 (lower for larger volatility and more bearish markets) • RSI Bearish Divergence Above: 55 – 80 (higher for larger volatility and more bullish markets) Key Notes: ...
To best use the RSI Divergence indicators, adjust the following settings accordingly. • RSI Bullish Divergence Under: 20 – 45 (lower for larger volatility and more bearish markets) • RSI Bearish Divergence Above: 55 – 80 (higher for larger volatility and more bullish markets) THIS SCRIPT DOES NOT REPAINT AND IS COMPLETELY FREE.
RSI divergence Detector What is Divergence : The word divergence itself means to separate and that is exactly what we are looking for today. Typically RSI will follow price as the EURUSD declines so will the indicator. Divergence occurs when price splits from the indicator and they begin heading in two different directions. How to use : Use the H Plot...