Authored by Kuntanut - To The Milky Way HLR Indicator : HLR Indicator is developed from the RSI Indicator. This indicator has benefits to support the technical analysis in many ways such as momentum divergence detection, overbought, and oversold. Modifying the source of the calculation from close to high for the bearish momentum detection, and close to low for...
Our Developer Malin converted the built-in RSI divergence indicator to MFI (Money Flow Index). How to apply? Notice 1: MFI, unlike the RSI, incorporates volume. It thus is an indicator of a higher precision when it comes to finding the the moment to sell - or - the moment to enter. Notice 2: In Ranging Markets MFI (and RSI) is a solid momentum indicator to buy...
This is a special relative strength index indicator that includes the following: - Bollinger Bands on the RSI - EMA on the RSI - SMA on the RSI You can use the Bollinger bands on the RSI to identify extreme volatility and momentum areas based on the RSI You can also use RSI break out of the EMA or SMA as a confluence of strong momentum.
About The Indicator I want to start with a few short paragraphs of how this indicator came to be and why it's different than 80% of the indicators on this platform. If you are just interested in how the indicator works, you can skip the story, although I recommend at least skimming through it. Originally, this indicator was developed to be part of a...
RSI BANDS: It is an exclusive product of ApiDevs , this indicator selectively integrates a series of highly advanced algorithms that aim to provide the trader with an effective and profitable trading system, based on a series of conditions that project the price direction with a reasonable probability. This indicator bears the name of “RSI Bands” , this is...
TRADITIONAL RSI The RSI (Relative Strength Index) is an oscillator-type indicator used by traders who perform technical analysis to estimate the status of overbought or oversold of an asset on the stock market. This tool gives the trader the advantage of comparing supply and demand (buying and selling), therefore, we must take into account the following...
This script is an improved version of the RSI indicator, using a moving average on the RSI itself, as well as two other moving averages used to determine the current trend. A small screener indicating the current movement is displayed in the bottom-left zone of the chart: trend (Bullish/Bearish/Uncertain) and status (Impulse or Correction) Trends are simply based...
Automated divergence detection with unparalleled customizability for any market on TradingView. This is the Basic (Free) version of The Divergent - Advanced Divergence Indicator . Features : 1. Divergence detection for any market & any timeframe Bitcoin? Tesla? Gold? You name it. The Divergent will spot divergences for you on any market and any...
Automated divergence detection with unparalleled customizability for any market on TradingView. This is the Pro version of The Divergent - Advanced Divergence Indicator . The Pro version contains everything that is in the Basic version, plus: 1. Access to a 2nd indicator, called "The Divergent's Companion" By applying the companion indicator to the same...
This indicator plots an RSI based MACD, I find it easier to spot divergences on histogram. Also, it looks for candlestick wicks and finds SOME local tops and bottoms. NOT ALL OF THEM, beware of that. Use it in conjunction with other things, don't rely solely on this for trading
Detail about this indicator 1. This indicator is used to identify the trend based on the momentum of the counter selected. 2. This indicator is calculated three different metrics for selected script and it's Parent/Main Index as NSE:NIFTY (default) and Sector Index. Keep in mind below point a) Parent/Main index is set to default NSE:NIFTY, though there is...
============ ENGLISH ============ - Description: This is an upgraded version of my previous indicator "OMEP" (feel free to check my profile to try it). The OMEP is a momentum oscillator calculated by the combination (average) of RSI , MFI and STOCHASTIC to detect overbought and oversold levels. The idea that the combination eliminates weaknesses and enhances...
Multi-Timeframe Relative Strength Index --- MTF RSI Eliminates having to change time intervals to view a different Time Interval's RSI value (up to 5 time intervals possible through the settings). The RSI values from Multiple Time Frames can be averaged together to show one single RSI. A table overlay (info box) makes it easy to quickly identify RSI values on...
============ ENGLISH ============ - Description: The OMEP is a momentum oscillator calculated by the combination (average) of RSI , MFI and STOCHASTIC to detect overbought and oversold levels. The idea that the combination eliminates weaknesses and enhances strengths. - Usage: You can use it as an RSI / MFI , when the OMEP is in the bottom area is considered...
This script displays rsi divergence alert. Only compare two bottom/top. Top: RSI decrease and high increase Bottom: RSI increase and low decrease. Warning: Please don't only use this signal to trade. Divergences are always early signals need to be confirmed.
The relative strength index (RSI) is a momentum indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions. RSI is normally displayed as an oscillator separately from price and can have a reading from 0 to 100. This indicator takes the RSI and plots the 30 & 70 levels onto the price chart so you can see when price...
BINANCE:BTCUSDTPERP Hello, this is my alerts version of BTCUSDTPERP MEGABOT 60min THIS BOT IS ONLY FOR BTCUSDTPERP ON BINANCEFUTURES !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! This configs are only for this pair on this market, It depends of volume , and others indicator Bot is making amazing results at configs TP - 4.5% SL - 7% Strategy using 4 indicators...
BINANCE:BTCUSDTPERP Hello This my upgraded (ALERTs) version of my previous bots, uses diffrent indicators WARING THIS STRATEGY WORKS ONLY ON BTCUSDTPERP ON BINANCE 60MIN (like my previous ones) !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! - it depends on specyfic volume and wick based on...