Typical RSI indicators were plotted with candles and expressed wick to resemble a candle chart, and linear regression was added to predict changes in force intensity, which allowed us to confirm support and resistance within linear regression . In addition, divergence signal was marked as an additional basis for the price fluctuation point due to support and...
Using this indicator you can easily view Divergence, and Market Tend in Mutitimeframe NOTE: This is stranded RSI I only added colours for easy cath the market trend. I'm not regarding anything with this indicator. All risk is yours Thank you
Hello all, To ease everyone's trading experience I made this script which colors RSI overbought and oversold conditions and as a bonus displays bullish or bearish divergences in last 50 candles (by default, you can change it). Script is open source, part of code is from Trading View examples. If you have suggestions or you already made some improvements, please...
The RSI DIvergence script tries to predict the upper and lower trend-lines for the current security’s RSI. The script identifies peaks and valleys within the RSI and then tries to draw a trend-line in between the peaks and the valleys. The longest possible trend-line originating from the latest peak/valley will be used to determine whether or not the trend is...
>> How to use this indicator : 1. Set your teadingview theme to dark theme. 2. My indicator is valid for forex, stock and but more valid for crypto. 3. Use three timeframe for more validation (choose between those, that fit to your trading style) : - Timeframe 1m, 5m, and 15m for Scalping - Timeframe 30m, 1h and 4h for Intraday - Timeframe 4h, 1D and 1W for...
What is JaeRSI++ 🥇 It is an indicator that detects and displays the RSI of the upper frame one step at a time - It is no different from normal RSI but, u can see the RSI of the upper frame together - Works based on 5m 15m 1h 4h 1d 1w 🥇Also, if the RSI is (over 70↗️) or (less than 30↘️), changes the background color - If the background color is continuous,...
Select from selectable settings: rsi, cci, mfi, or stochstic The default indicator is set to cci. When you select an indicator in Settings, you can see the diversity that occurs in that indicator. Resistance fills the histogram in yellow; the stronger the resistance, the higher the saturation. If the volume is large but the change rate of...
This Indicator use the calculated RSI of the top 13 stocks that have the highest market capitalization in SET:SET50 where suitable for TFEX trading( TFEX:S501! ) . Conducted with 2 RSI period as follow: RSI Main (14) RSI Average (100) How to use: 1) Use this Indicator by Crossover If the RSI Main Cross UP the RSI Average can assume as BUY...
Description The Code Runner is a hybrid indicator that leverages other pre-configured, integrated open-source algorithms to help traders spot regular and continuation divergences. The Code Runner specialises in integrating some of the most popular oscillators well known for their accuracy when scalping using divergence strategies. Uniqueness The Code Runner...
Description The Coordinator is an indicator developed on the back of the RSI algorithm, modified substantially to form a cloud. In addition, the Coordinator uses EMA/SMA to compare the location of the RSI cloud with the chosen moving averages (EMA vs SMA). This indicator is helpful as it confirms when a trader should enter a position or exit based on the...
Overview: This is a fully featured StochRSI, RSI & Bollinger Bands customisable indicator with custom conditions and alerts that can be taken advantage of using automated solutions such as Autoview, 3Commas or using it alongside/testing BUY/SELL conditions against your favourite markets to maximise gains. Finally you can use this a standalone manual general...
Description The Litigator is an indicator that encapsulates the value delivered by the Relative Strength Index, Ultimate Oscillator, Stochastic and Money Flow Index algorithms to produce signals enabling users to enter positions in ideal market conditions. The Litigator integrates the value delivered by the above four algorithms into one script. This indicator...
The Unitrend trading System produces trading recommendations on a pure Trend basis. It is a Score based system. --- How to use the System -- Simply adjust your capital you want to risk per trade and your TP Factor. The TP Factor is the multiple of your risked Capital, also known as Risk/Reward ratio. Furthermore you can toggle between a always Buy mode, to see...
The RSI signal is displayed with different color zones to reflect the value on the chart. This makes field evaluation more efficient. RSI values of different time frames are displayed in the table, helping to evaluate the market more objectively. A Retest Buy signal is given when the RSI value decreases from the area of more than 80 to 50. Retest Sell signal is...
The Parabolic RSI is a fusion between two of Welles Wilder Jr.'s indicators: * The parabolic stop-and-reverse: A trend following overlay indicator. * The relative strength index: A contrarian indicator bounded between 0 and 100. The parabolic RSI applies the RSI formula on the parabolic stop-and-reverse which in turn is applied on the market price. The main aim...
This extremely useful indicator combines several RSI variants (can be displayed simultaneously or alone) with many setting options. The RSI variants can also be displayed as an extra histogram, which provides additional valuable information. Furthermore, it is possible to set smoothing types, volume and stochastic based calculations for each variant. Relative...
The Relative Strength Index (RSI) is a momentum indicator that measures the magnitude of recent price changes to analyse overbought or oversold conditions. RSI values range from 0 to 100. The Relative Strength Index (RSI) is calculated using the following formula: RSI = 100 - 100 / (1 + RS) Where RS = average gain of upward phases during the specified time frame...
Regular RSI indicator that can underline divergences, turn green or red specifying user specified bull/bear zones, and with a label showing the price needed to turn bull/bear! Specify the inputs: + RSI Length + Bull Threshold + Bear Threshold + Panel Position Offset Also with toggle-able: + Bullish Divergence + Bearish Divergence + Hidden Bullish Divergence +...