Uses a modified RSI strategy and a moving average strategy, it wont fire a buy or sell signal unless they match up best on heikin ashi or renko chart on most time frames, 1 for 1 contracts with enough initial capital to cover trades
T3 Moving Average indicator was originally developed by Tim Tillson in 1998/99.
T3 Moving Average is considered as improved and better to traditional moving averages as it is smoother and performs better in trending market conditions.
It offers multiple opportunities when the price is in the state of retracement and therefore allows to minimize your exposed risk...
This is a simple script that smooths out RSI lines. You can choose your own values to apply the default being 2. A median line of 50 has been added to easily spot RSI cross over.
Based on this strategy: gaiatrader.com
When on cryptocurrencies or lower timeframes, I apply the indicator on Heiken Ashi candles to reduce noise.
If anyone's interested, I've got a RSI with a predrawed line on 50 level.
Hi all
Build in functions:
1. Price candle recognition;
a) Dark shadow cover,
b) Piercing line,
c) Doji, bearish and bullish
d) Bullish and bearish engulfing
e) Inside and outside bars
f) Up Reject Green Pin & Down Reject Red Pin Bar
g) Hammer & Inverted Hammer
2, RSI overbought and oversold candles
a.) Red = Overbought
b.) Geen = Oversold
3. EMA...
If you are interested in purchasing my algorithmic trading bot that receives Tradingview indicator alerts via email and then executes them in Bittrex, please visit my product page here: ilikestocks.com Additionally, I would love to create video/blog guides on creating Tradingview scripts or strategies. If you are a knowledgeable in finance or other related fields...
RSI overbought and oversold are visible with red and green lines at the tip
Crossing of RSI and EMI is used to enter the trade for a quick scalp
Trend colours are used to see if the current market is bullish or bearish for a particular coin
look for the candle to close below EMA 5 (offset 2) on 15min chart, RSI below EMA (use trend color for confirmation)
look...
Bollinger Band signals filtered with dual RSIs and EMA.
EMA confirms trend.
Signals above EMA are filtered with "Uptrend RSI" filter
Signals below EMA are filtered with "Downtrend RSI" filter
There is no "one size fits all" setting. Settings are very period and name specific, depending on ATR.
New version with better stop-loss handling.
You may configure Max Drawdown with leverage (more drawdown but more profit) or with stop-loss (less drawdown but less profit).
Backtest for 2017-2018 with x2 leverage for counter-trend strategy.
With 0.1% comission this strategy will give 400000% profit with 27% drawdown on same settings.
No repaints, no trailing...
This script combines LazyBear's RSI Bands with JayRoger's Bollinger Heat Bands, to give an on chart representation of the price needed to set RSI to each major level, from 20 to 80 (higher values created massive bands).
This indicator calculate the Cumulative Net Volume (volume in versus volume out) as seen in red and green cross
I normalize it to be as price indicator -then using color setting it easy to see when volume influx is positive compare to negative period
next step -I add rsi and Bollinger to highlight the area where volume is going up or down with the best period by...
![XBTUSD.P: RSI Heat Bands [River]](https://s3.tradingview.com/f/FzBmExuQ_mid.png "RSI Heat Bands [River]")
