It seems that the traditional Laguerre* functions repaint due to the gamma parameter.
That goes even for the editorial pick here.
But one could use calculation period instead of "gamma" parameter. This gives us a non-repainting Laguerre RSI fit for scalping trends.
At first glance, I haven't seen anyone do this with a pine script, but I could be wrong because...
2/50 RSI+ %R is a PineScript indicator that combines two popular technical indicators, the Relative Strength Index (RSI) and the Williams %R. The indicator plots two lines, K and D, which represent the smoothed moving averages of the RSI. It also plots the RSI with a 60-period length and the Williams %R with a 21-period length. The indicator can be used to...
A nexus is a connection, link, or neuronal junction where signals and information are transmitted between different elements.
The MTF Smoothable RSI Nexus indicator serves as a nexus between smoothable, MTF RSIs by facilitating the visualization and interaction of up to six multi-timeframe RSIs, each with its own customizable timeframe, period,...
RSI Primed combines candlesticks, patterns, and the classic RSI indicator for advanced market trend indications
Technical traders are always looking for innovative methods to pinpoint potential entry and exit points in the market. The RSI Prime indicator provides such traders with an enhanced view of market conditions by combining various...
The RSI of a Zero Lag Moving Average a powerful tool for for reliable exit signals.
The Relative Strength Index (RSI) is a widely recognized momentum oscillator that measures the speed and change of price movements. It provides valuable insights into overbought and oversold conditions, enabling traders to identify potential reversal points and take advantage of...
I have some exciting news to share with you all! Recently, I came across an incredible RSI divergences indicator developed by Socrate_FR. This indicator, in my opinion has an exceptional accuracy in detecting RSI divergences. However, during my exploration of other indicators in the TradingView library that display signals on the price chart, I...
By analyzing the MACD (Moving Average Convergence Divergence) and Squeeze Momentum indicators, this indicator helps identify potential bullish, bearish, or undecided market conditions.
The algorithm within considers the positions of the MACD and Squeeze Momentum indicators to determine the overall market sentiment. When the indicators align and indicate a bullish...
Are you looking for a reliable and profitable algorithmic trading strategy for TradingView? If so, you might be interested in our Supertrend basic strategy, which is based on three powerful indicators: Supertrend (ATR), RSI and EMA.
Supertrend is a trend-following indicator that helps you identify the direction and strength of the market. It also gives you clear...
General Description and Unique Features of this Script
Introducing the Advanced VWAP Momentum-Pullback Strategy (long-only) that offers several unique features:
1. Our script/strategy utilizes Mark Minervini's Trend-Template as a qualifier for identifying stocks and other financial securities in confirmed uptrends. Mark Minervini, a 2x US Investment Champion,...
General Description and Unique Features of this Script
Introducing the VWAP Momentum-Pullback Strategy (long-only) that offers several unique features:
1. Our script/strategy utilizes Mark Minervini's Trend-Template as a qualifier for identifying stocks and other financial securities in confirmed uptrends.
NOTE: In this basic version of the script, the...
Support & Resistance drawn based on overbought & oversold RSI . where the overbought acts as resistance and oversold acts as support.
It has 2 levels (for support and resistance - i call them level_n_high or level_n_low) for each lookback period. it checks the highest pivot and the lowest pivot based on the lookback period then we compare if rsi is higher than...
This strategy was designed and written with the goal of showing and motivating the community how to integrate our 'Probabilities' module with their own script.
We have recreated one of the simplest strategies used by many traders. The strategy only trades long and uses the overbought and oversold levels on the RSI indicator.
We added stop losses and take...
hereby, I present you one of my indicators which is a kind of artistic indicator.
It calculates different ranks of functions and based on them suggests a buy or sell order which is depicted on right-side separately.
+Length: Number of previous bars in calculation
+OVER BOUGHT RSI:...
The Relative Strength Index (RSI) is a technical indicator based on price movements that is used to determine whether a particular asset is overbought or oversold. It measures the ratio of rising to falling prices over a certain period of time.
The Fear & Greed Index, on the other hand, is a composite index that tracks the sentiment of the crypto market. It is...
After my long tests, I observed that the rate of change of direction of the price was high after the periods when the RSI spent a long time outside the band. As a result of my observations, I prepared this indicator.
This indicator shows you the accumulation and distribution areas that occur outside the rsi band.
There are 3 different levels...
RSI Dashboard Monitor is indicator for scanner Relative Strength Index ( RSI ) for 4 symbols and 10 Timeframe, detached from the main chart.
You can choose to display all 4 symbols or just 1 symbol, also can choose resolution (TF). Still, these 10 timeframes should be enough to use. Default is set to 14 but you can modify it from settings.
How it work??
RSI stands for Relative Strength Index.
Bollinger Bands stands for a channel open by standard deviation values plotting upper, lower lines.
Double RSI with Bollinger bands adapted Bollinger bands to RSI not using overlay mode. It tries to filter fake signals while giving more good signals according to volatility even below overbought areas or above oversold...