OPEN-SOURCE SCRIPT
RMI Trend Sniper
מעודכן
The "RMI Trend Sniper" is a powerful trend-following indicator designed to help traders identify potential buy and sell signals in the market.
It combines elements of the Relative Strength Index (RSI) and the Money Flow Index (MFI) to provide a comprehensive view of market momentum and strength.
🔷Key Features:
🔹Customizable Settings: Tailor the indicator to your trading preferences with customizable input parameters, including RSI and MFI lengths, threshold levels, and visual settings.
🔹Momentum Signals: The indicator generates clear bullish and bearish momentum signals, allowing you to spot potential trend reversals or continuations.
🔹The positive condition considers the previous RMI value, current RMI value, and positive change in the 5-period exponential moving average (EMA) of the closing price.
🔹The negative condition looks at the current RMI value and negative change in the 5-period EMA.
🔹Visual Bands: Visualize market volatility with dynamically plotted bands around the Range Weighted Moving Average (RWMA), providing insights into potential price fluctuations.
🔹Candlestick Coloring: Easily identify bullish and bearish conditions with color-coded candlesticks, helping you make informed trading decisions.
The "RMI Trend Sniper" is a versatile tool suitable for traders of all experience levels. Whether you are a novice or an experienced trader, this indicator can help you enhance your technical analysis and improve your trading strategies.
It combines elements of the Relative Strength Index (RSI) and the Money Flow Index (MFI) to provide a comprehensive view of market momentum and strength.
🔷Key Features:
🔹Customizable Settings: Tailor the indicator to your trading preferences with customizable input parameters, including RSI and MFI lengths, threshold levels, and visual settings.
🔹Momentum Signals: The indicator generates clear bullish and bearish momentum signals, allowing you to spot potential trend reversals or continuations.
🔹The positive condition considers the previous RMI value, current RMI value, and positive change in the 5-period exponential moving average (EMA) of the closing price.
🔹The negative condition looks at the current RMI value and negative change in the 5-period EMA.
🔹Visual Bands: Visualize market volatility with dynamically plotted bands around the Range Weighted Moving Average (RWMA), providing insights into potential price fluctuations.
🔹Candlestick Coloring: Easily identify bullish and bearish conditions with color-coded candlesticks, helping you make informed trading decisions.
The "RMI Trend Sniper" is a versatile tool suitable for traders of all experience levels. Whether you are a novice or an experienced trader, this indicator can help you enhance your technical analysis and improve your trading strategies.
הערות שחרור
Minor code changeהערות שחרור
Alerts Added .סקריפט קוד פתוח
ברוח TradingView אמיתית, מחבר הסקריפט הזה פרסם אותו בקוד פתוח, כך שסוחרים יוכלו להבין ולאמת אותו. כל הכבוד למחבר! אתה יכול להשתמש בו בחינם, אבל השימוש החוזר בקוד זה בפרסום כפוף לכללי הבית. אתה יכול להכניס אותו למועדפים כדי להשתמש בו בגרף.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.