This script simply colors the candles based on the defined "overbought" and "oversold" RSI-levels set in the input section of the indicator. If the price is below the oversold level, the candle is colored in yellow. If the price is above the overbought level, the candle is colored in aqua. If the price moves back between both levels, no color will be...
Dear Followers, today a new great Scalper Tool , which works excellent from 1 minute timeframe Renko chart , which is the best and more secure timeframe to use on a Renko chart. But of course it works great on all timeframes (included the 1D timeframe)! This tool has some cool features: it works on all timeframes , starting from 1 minute: so you can enjoy...
RBI is an intricate oscillator that calculates relative breadth of an asset according to its trend. If you want to detect reversals, continuations, trend strength, divergences, and confirm other signals, read on. Relative Breadth Index has 4 main components: Fast (White), Medium (Green), and Slow (Red) Oscillators Overbought and Oversold Thresholds (Shaded...
Adaptive RSI RSI with a twist. The values are calculated differently depending upon whether the RSI is above or below the centre point. I have found this gives: More pronounced divergences which are easier to spot and more accurate at predicting local top and bottoms More accurate indications of overbought/oversold conditions.
Just a RSI with 2 Levels and a range (70 to 80) and optical changes to standart RSI.
Visual Representation of Relative Strength Index on price side instead of oscillator. Levels can be adjusted.
This is volume weighted RSI (Relative Strength Index). In compressing to regular RSI it look like this: The relative strength index detect an overbought/sold market when higher/lower than a certain level, often 80/20. An overbought market is more attractive to sell because prices are no longer attractive to buy, it has reached its value of interest for traders...
English description: Here you have kind of better RSI (with smoothing) that can improve your decision-making process when you would like to trade. Script has the following characteristics: - Candles colorization - RSI length - RSI smoothing - Moving Average Filter - Moving Average to choose between: SMA and EMA - Few differents methods of BUY/SELL signals to...
This is a double smoothed stochastic RSI . Stoch RSI is a very good indicator but it can sometimes give the trader false indications because of its jagged (noisy) motion. There is a lot of filters out there that can give a good result but it very often it also adds unacceptable lag. And lag is delaying your decision-making. This filter is ideal to clean up common...
As it states this is Satoshi RSI Multi Time Frame Meaning you can now trade the HTF RSI momentum while on the LTF so for instance I trade the 5m chart but using the m30 trend using this indicator the multiple between the two values is 5 so id suggest you keep your multiple the same. So if you want to trade the H1 chart you would set the TREND or "HTF Fast...
This indicator helps you find local bottoms and tops. Indicator is RSI based. You can amend the overbought and oversold period as per your like. I normally use it with HA candles and have used it for scalping and swing trading both. once the alert appears wait for the green candle to appear on buy signal and red candle to appear on sell signal. I will soon include...
DESCRIPTION RSI (Relative Strength Index) is a momentum oscillator that measures the speed (velocity) and change (magnitude) of recent price movements. THIS INDICATOR PLOTS RSI-SIGNALS and makes use of the standard calculation of RSI. The indicator has built-in flexibility that allows you to determine the oversold/overbought value and CrossOver/CrossUnder...
RSI w/BBands and 12 period moving average. BBands show the standard deviation of the RSI, and can therefore suggest if a trend is oversold or overbought in conjunction with the 30 and 70 RSI values. A tightening of the BBands also suggests a major move/trend change is immanent. The RSI moving average can suggest if the RSI is in a bullish or bearish trend . So...
This is a version of the Inverse Fisher Transform Relative Strength Index with T3MA smoothing and histogram difference based on EMA signal line. Configurable parameters: RSI length - This is the period used for the RSI . RSI Smooth Length - This is the smoothing period of the Weighted Moving Average used for the smoothing in Inverse Fisher Transform . RSI Signal...
This is a version of the Inverse Fisher Transform Relative Strength Index with floating oversold and overbought thresholds. Configurable parameters: RSI length - This is the period used for the RSI . RSI Smooth Length - This is the smoothing period of the Weighted Moving Average used for the smoothing in Inverse Fisher Transform . RSI Threshold Period - This is...
Heatmap showing version measurement lengths of RSI (user selectable) For each bar on the chart, the script calculates RSI at that point for multiple RSI lengths (e.g. 3, 7, 14, 16 etc) and displays them vertically top to bottom, fastest RSI to slowest RSI respectively. It indicates the actual RSI reading (0 to 100) by way of a colour (green for overbought, red...
5x RSI + 1x RSI (high + low + close + open)/4