RSI extremes + Nasdaq 100 +Crossover of moving averages

22 בספט׳

In this indicator, we integrate four main features.

1. Oversold and overbought price signals, based on the 1-minute RSI extremes, marked on the chart with a yellow triangle.
2. Combination of oversold and overbought signals in the stock price and its index (only applicable to Nasdaq 100 symbols). Marked on the chart with a green triangle for oversold and a red triangle for overbought.
3. Use of four moving averages for early trend detection: EMA 10, 20, and 45 - SMA 200.
4. Crossover of moving averages in order 10, 20, and 45. On the upside, a green cross appears; on the downside, an orange cross appears.

Combine this indicator with "RSI (1 and 5m) + divergences and rsiNDX 1m [david3palacios]" to check the signals and you will have a scalping strategy for reversals and trend following in NASDAQ 100 stocks.

2 באוק׳

הערות שחרור

Now the white triangles at the ends indicate that the moving average is closer than configured.

4 באוק׳

הערות שחרור

v.2.2 I've added a label with the % distance between the overbought or oversold price and the EMA45. You can set the minimum distance to consider for entry; the default is 0.5%, but it depends on the stock's volatility.

7 באוק׳

הערות שחרור

v.3
IG:NASDAQ (stops working) is changed to NASDAQ:QQQ and lines of minimum and maximum of the day's session are added.

לפני 7 ימים

הערות שחרור

V.4, 10/8/2025, Improved extreme signals. An active overbought/sold zone is created with a configurable range of candles on the inputs. The most extreme price is always left.

לפני 4 ימים

הערות שחרור

v5. Trend continuation signals are added, with blue triangles, for scalping on 1M timeframes on Nasdaq 100 stocks.
ZAT: Active trend zone