RSI Pullback Trend Trading Indicator (LONG Only)***Use at your own risk***
***This is for testing and education only***
I suggest that you also manually add the RSI(5,3,3) on your main chart for analysis.
You can change the settings, but these are the defaults:
Default Main Timeframe = Daily
Default Secondary TimeFrame = Weekly (use around 5X your main timeframe, to check the longer term trend)
Default Stochastic settings ( 5, 3 , 3)
Default Fast EMA : 13
Default Slow EMA : 22
Default ATR : 14
Conditions to show buying signal on main TimeFrame. (Yellow Triangle)
- Check if the MACD Histogram is rising on the secondary timeframe.
- Check if the Stochastic on the main timeframe is below 20.
When deciding to buy, you can use the ATR channels to determine the stop loss and profit target.
Search in scripts for "天铭科技RSI指标状态"
RSI Hi-LoThis indicator calculates the average of the highest high and lowest low of the RSI in a 7-period interval.
RSI with BGThis is a standard RSI indicator with Background colour and the option to draw the Background colour of the next higher timeframe.
Unfortunately, the 3D timeframe is not working properly (weekly background is not displayed). This is the same problem as with the MACD BG study.
RSI Divergence Indicator (with alerts)Many have requested me for indicator version with alerts for the RSI Divergence strategy. Here is the one ...
Please note alert triggers in delay by number of bars defined in the settings. (same as strategy) ...
Bar color also changes when alert triggers ...
Yellow Bar shows BUY
Purple Bar shows EXIT ( Exit the Long position ... NO SHORTing )
On each Yellow Bar can be added to existing position
On each Purple Bar , exit partial position OR exit the whole position
Appreciate your feedback.
Warning
Use for education purpose only ...
RSI LookbackChecks RSI High/Low X candles in the past
Displays Green/Red circles at bottom of chart
Sends alerts
RSI Market StructureThis indicator draws swings on the chart based on the RSI configured within.
The swings are drawn from Overbought to Oversold or vice-versa.
Logic:
From Overbought to Oversold, a line is drawn from the highest price before oversold to the lowest price of the oversold.
The labels can be deactivated from the style menu, it was easier for me to implement this way (It's my first indicator)
RSI V Pattern IndicatorThis 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 ...
RSI Buy & Sell IndicatorColor coded RSI indicator showing green columns during a BUY opportunity and red columns during a SELL opportunity
RSI Buy & Sell IndicatorColor coded RSI indicator showing green columns during a BUY opportunity and red columns during a SELL opportunity
RSI based on Kaufman’s Adaptive Moving Average This is RSI based on Kaufman’s Adaptive Moving Average.
Drawing line flatter than normal RSI.
In My sense, it can easier find Divergence than normal RSI.
I use William Delbert Gann's short cycle of "multiples of 7" for the default setting.
Or, you can choose and customize a setting from my preset.
RSI + DivergencesHi Guys,
This indicator gives you the trend changes (Designed with the basics of Vash's RSI advanced and the Fikira divergence indicator)
This indicator will only give you regular divergences.
Please keep in mind that a trading plan is not only built with momentum but also with location and structure.
Good trading,
RSI Bollinger %BIt's an RSI indicator combined with Bollinger %B. This way you just need to check if it is above 1.0 or below 0.0 (Outside Bollinger Bands). You can choose the moving average method used by RSI.
RSI ChannelHello All. For a while this idea (showing RSI levels on the chart as a channel) was in my mind and finally today I developed the script. I hope it will be usefull for all.
Enjoy!
RSI-TEMAJust converted TEMA to RSI type
fast above slow=bullish in lime
slow above fast=bearish in red
fast=blue line
slow=red line
so not so much to write about it but it good as another weapon in arsenal :)
RSI-VWAP INDICATORThis simple indicator provides great results.
It is the popular RSI indicator with VWAP as a source instead of close.
What is the Volume Weighted Average Price (VWAP)?
VWAP is calculated by adding up the dollars traded for every transaction (price multiplied by the number of shares traded) and then dividing by the total shares traded. That is, volume.
On the Backtest, trades are laddered to improve the average entrance price.
RSI PPO DivergenceJust a RSI with 2 Levels and a range (70 to 80) and optical changes to standart RSI.
RSI PivotIt is based on RSI. When RSI crosses (70)up and (30)down bands, it draws a price line.
Cheers :)
RSI with an Opinion (UO)This RSI has a very clear idea about when to buy and sell. It plots buy and sell signals. It is an expert system. Yes, of course, it can make some errors. You should have used stop-loss
RSI Scaling (UO)Plot price scaled by the RSI. Also, plot high and low of the scaled price so that the trend is visible as well as sell-high/buy-low points...
Before the prices change direction, RSI generally makes a double top/bottom... Or a lower high/higher low.
This is more emphasized on the scaled price. You can see the high/low band change direction
