ManipulatorTrade | InfoBarEnglish
With this indicator, you can track the instrument selected in the settings, there is also RSI, MACD, Stochastic. The InfoBar will show you overbought or oversold, as well as the trend in MACD.
You can track crypto dominance: BTC, ETH, USDT.
Also keep an eye on indices and metals.
There is VWAP which shows the average price weighted by volume over a certain period. All settings can be changed.
Українська
За допомогою даного індикатора ви можете відстежувати інструмент вибраний в налаштуваннях, так само є RSI, MACD, Stochastic. InfoBar вам покаже перекупленність або перепроданість, так само тренд в MACD.
Ви можете відстежувати крипто домінацію: BTC, ETH, USDT.
Так само слідкувати за індексами та металами.
Є VWAP, який показує середню ціну, виважену за обсягом за певний період. Усі налаштування можна змінити.
Русский
С помощью данного индикатора вы можете отслеживать инструмент выбранный в настройках, так же есть RSI, MACD, Stochastic. InfoBar вам покажет перекупленностть или перепроданность, так же тренд в MACD.
Вы можете отслеживать крипто доминацию: BTC, ETH, USDT.
Так же следить за индексами и металлами.
Есть VWAP который показывает среднюю цену, взвешенную по объему за определенный период. Все настройки можно изменить.
Göreceli Güç Endeksi (RSI)
TaLib RSI (ta-lib uses SMA)If you've ever been confused because Ta-Lib RSI differs from TradingView's RSI...
Look no further than here which instead of using the Rolling Moving Average, will instead use the Simple Moving Average
UvRSIUvRSI (Ultra-violent RSI) is my first and most used script, it all started from here, both my trading and coding career and it is now available to the public for free.
This indicator is an hybrid indicator that (as suggested by the name) is mostly based on RSI, even if is a modified version of it.
I made this indicator once I seen multiple correlation between RSI and Stochastic RSI and I started using the basic indicators to trade.
But I wasn't satisfied by both, I think I could have a better hedge by removing some noise around, even if when you launch it it's like hyper "dirty*, stick around, because you can pretty modify anything in it.
What you see here is the hybrid RSI/Stock RSI version
The green/red line is representing the RSI, it changes from green to red given by a WMA calculation on the RSI itself
The dots you seen is where the StochRSI crossed, bullish or bearish
The purple background represent the actual Stoch RSI line, that I decided to keep plotted not in a line version to not get confused with the RSI, it's also the less important info IMHO you can find here, since the dots you seen when a Stoch cross already represent where the cross happended by the shape of the dot. (diamond shape: stong cross, dot: normal cross, cross: not the best, yellow cross: weak)
If this seems confusing, and you want to stick to another background as an info, in setting enable "alpha rainbow waves" and you background will look like this:
Alpha waves is another indicator I developed that I was able to merge into UVRSI and I think is powerful.
Is a way to apply price action theories into the RSI itself
A green cloud will appear when the indicator is bullish, or red if is bearish, it let you see when the UvRSI is kinda of exhausted by plotting a yellow apex above or below the main cloud, indicating that we are out the most latest traded areas, it suggest a possible change of direction or trend.
The indicator includes settings to change anything from the RSI to the Cloud to the Stoch to the WMA used to adapt it to any style of tradin g you prefer, I did use it andI do still prefer it over the normal RSI we are all used to since IMHO I was able to archieve a cleaner version of possible signal given by the indicator
Market Internal RSIMarket Internal RSI
"MIRSI" is an indicator that tracks the NYSE market internals for price, volume, trend and delta and presents RSI like measurement from a custom weighted formula.
Great care has been taken to present the measured result with the scale of importance for each market internal, given that some internals impart variable affect to market securities.
What makes this different?
This tool will allow the analyst to compare the entire NYSE market momentum to any symbol, check for divergences and squeezes or exhaustion periods where opportunities may be best for directional traders.
How to use
Using MIRSI is similar to standard RSI usage, this format was chosen given the high degree of familiarity within the markets. Measurements of 70 or greater can be used to identify periods of buying strength or buyer exhaustion, 30 or under can be used to identify periods of seller strength or seller exhaustion.
The location (highs/lows) of the symbol charted can assist in determining the impact of the market, if its determined a symbol is a highs and the NYSE is showing 70 or greater can equate to higher pullback chance.
Divergence squeezes between the security RSI and MIRSI can present optimal directional opportunities. The lower histogram presents a divergence measurement and a trend-line provides broader context, the squeezes occur when the divergence is almost non-existent.
Markets
As with the other market internal indicators published, this one can apply to any security that is impacted by the NYSE price, volume, trend and delta.
Usage Conditions
It's highly recommended to use this on 15 minute or lower, beyond that and the resolution of minuscule movements this indicator relies on within the market internals become muted. The same applies with micro timeframes within the seconds or 1m, sometimes too much data is detrimental.
Enhanced Smoothed RSIThe "Enhanced Smoothed RSI Factor" indicator is a robust technical analysis tool designed to assist traders in identifying potential trends and reversals. This indicator combines elements of the Relative Strength Index (RSI) with a smoothed factor, enhancing its reliability and responsiveness. By visualizing the Enhanced Smoothed RSI Factor alongside the standard RSI and their associated upper and lower bands, traders gain insights into potential overbought and oversold conditions, facilitating more informed trading decisions.
How to Use:
Inputs Configuration : Adjust the indicator's parameters according to your trading preferences. Modify the source data (source) to suit the price data you want to analyze. Set the RSI period (rsiPeriod) for RSI calculations, the moving average period (movingAvgPeriod) for the bands, and the smoothing factor (factor) for enhanced responsiveness.
Enhanced Smoothed RSI Factor : The indicator calculates the Enhanced Smoothed RSI Factor by applying an exponential moving average (EMA) to the RSI values. This factor reflects changes in price momentum.
Comparison with Standard RSI : Observe the Enhanced Smoothed RSI Factor and the standard RSI side by side on your chart. While the standard RSI offers insights into price momentum, the Enhanced Smoothed RSI Factor adds an extra layer of smoothing for potentially clearer trend indications.
Bands and Bar Coloring : The indicator plots upper and lower bands, which are derived from weighted and simple moving averages of the Enhanced Smoothed RSI Factor. The color of the bars changes based on the position of the Enhanced Smoothed RSI Factor relative to the bands. Green bars indicate values above the upper band, red bars indicate values below the lower band, and gray bars indicate values within the bands.
Overbought and Oversold Levels : The indicator provides horizontal lines at levels 140 and 80. When the Enhanced Smoothed RSI Factor crosses above 140, it suggests a potential bullish trend, while crossing below 80 suggests a potential bearish trend. Additionally, levels 200 and 180 indicate overbought conditions, and levels 100 and 80 indicate oversold conditions.
Additional Insights : The indicator's upper and lower bands provide valuable insights into potential trend reversals. When the Enhanced Smoothed RSI Factor crosses above the upper band, it may signal an overextended bullish trend. Conversely, a crossover below the lower band may indicate an overextended bearish trend.
Important Considerations :
This indicator is most effective when used in conjunction with other technical analysis tools and strategies.
It's recommended to avoid making trading decisions solely based on the Enhanced Smoothed RSI Factor. Combine it with other indicators, chart patterns, and fundamental analysis.
Adjust the overbought and oversold levels to align with your trading strategy and the specific market conditions.
Please remember that trading involves risks, and the indicator's signals are not guaranteed. Always conduct thorough research and consider using a practice account before implementing any trading strategy.
Relative Strength Volume ComparisonThe Relative Strength Volume Comparison is a powerful tool that can help traders identify the current trend based on volume pressure and potential reversals.
This oscillator is made of two lines and the overbought and oversold levels. Each of these two lines is a relative-strength formula that contains both the famous RSI and CCI formulas, smoothed by a Hull moving average.
The two lines are different for input. The colored line is based just on price and changes color based on the relation with the other line. The second line uses as input an average of three different popular volume indicators: The OBV, the Accumulation/Distribution, and the PVT.
Thanks to this tool, which uses 6 different formulas combined, traders can:
- Identify the current trend direction, based on the color of the area fill and the first colored line
- Identify potential reversal areas thanks to the overbought and oversold levels, customizable in the input section alongside the length and smoothing parameters.
QQE Weighted Oscillator [LuxAlgo]The QQE (Quantitative Qualitative Estimation) Weighted Oscillator improves on its original version by weighting the RSI based on the indications given by the trailing stop, requiring more effort in order for a cross with the trailing stop to occur.
🔶 USAGE
The QQE Weighted Oscillator is comprised of a smoothed RSI oscillator and a trailing stop derived from this same RSI. The oscillator can be used to indicate whether the market is overbought/oversold as well as an early indication of trend reversals thanks to the leading nature of the RSI.
Using higher Factor values will return a longer-term trailing stop.
Like with a regular RSI divergence can be indicative of a reversal.
Further weighting will control how much "effort" is required for the trailing stop to cross the RSI. For example. For example, an RSI above the trailing stop will require a higher degree of negative price variations in order for a potential cross to occur when using higher weights.
This can cause higher weightings to return more cyclical and smoother results.
🔶 SETTINGS
Length: Length of the RSI oscillator.
Factor: Multiplicative factor used for the trailing stop calculation.
Smooth: Degree of smoothness of the RSI oscillator.
Weight: Degree of weighting used for the RSI calculation.
Bullish Divergence Short-term Long Trade FinderThis script is a Bullish divergence trade finder built to find small periods where Bitcoin will likely rise from. It looks for bullish divergence followed by a higher low as long as the hour RSI value is below the 40 mark, if then it will enter an long. It marks out Buy signals on the RSI if the value dips below 'RSI Bull Condition Minimum' (Default 40) on the current time frame in view. It also marks out Sell signals found when the RSI is above the 'RSI Bearish Condition Minimum' (Default 50). The sell signals are bearish divergence that has occurred recently on the RSI. When a long is in play it will sell if it finds bearish divergence or the time frame in view reaches RSI value higher than the 'RSI Sell Value'(Default 75). You can set your stop loss value with the 'Stop loss Percentage' (default 5).
Available inputs:
RSI Period: relative strength measurement length(Typically 14)
RSI Oversold Level: the bottom bar of the RSI (Typically 30)
RSI Overbought Level: the top bar of the RSI (Typically 70)
RSI Bearish Condition Minimum: The minimum value the script will use to look for a pivot high that starts the Bearish condition to Sell (Default 50)
RSI Bearish Condition Sell Min: the minimum value the script will accept a bearish condition (Default 60)
RSI Bull Condition Minimum: the minimum value it will consider a pivot low value in the RSI to find a divergence buy (Default 40)
Look Back this many candles: the amount of candles thee script will look back to find a low value in the RSI (Default 25)
RSI Sell Value: The RSI value of the exit condition for a long when value is reached (Default 75)
Stop loss Percentage: Percentage value for amount to lose (Default 5)
The formula to enter a long is stated below:
If price finds a lower low and there is a higher low found following a lower low and price has just made another dip and price closes lower than the last divergence and Relative strength index hour value is less than 40 enter a long.
The formula to exit a long is stated below:
If the value drops below the stop loss percentage OR (the RSI value is greater than the value of the parameter 'RSI Sell Value' or bearish divergence is found greater than the parameter 'RSI Bearish Condition Minimum' )
This script was built from much strategy testing on BTC but works with alts (occasionally) also. It is most successful to my knowledge using the 15 min and 7 min time frames with default values. Hope it helps! Follow for further possible updates to this script or other entry or exit strategies.
snapshot:
I only have a Pro trading view account so I cannot share a larger data set about this script because the buy signals happen pretty rarely. The most amount that I could find within a view for me was 40 trades within a viewable time. The suggested/default parameters that I have do not occur very often so it limits the data set. Adjustments can be made to the parameters so that trades can be entered more often. The scripts success is dependent on the values of the parameters set by the user. This script was written to be used for BTC/USD or BTC/USDT trading. I am unable to share a larger dataset without putting out results that are intended to fail or having a premium account so reaching the 100 trade minimum is not possible with my account.
Multi-Timeframe Trend Detector [Alifer]Here is an easy-to-use and customizable multi-timeframe visual trend indicator.
The indicator combines Exponential Moving Averages (EMA), Moving Average Convergence Divergence (MACD), and Relative Strength Index (RSI) to determine the trend direction on various timeframes: 15 minutes (15M), 30 minutes (30M), 1 hour (1H), 4 hours (4H), 1 day (1D), and 1 week (1W).
EMA Trend : The script calculates two EMAs for each timeframe: a fast EMA and a slow EMA. If the fast EMA is greater than the slow EMA, the trend is considered Bullish; if the fast EMA is less than the slow EMA, the trend is considered Bearish.
MACD Trend : The script calculates the MACD line and the signal line for each timeframe. If the MACD line is above the signal line, the trend is considered Bullish; if the MACD line is below the signal line, the trend is considered Bearish.
RSI Trend : The script calculates the RSI for each timeframe. If the RSI value is above a specified Bullish level, the trend is considered Bullish; if the RSI value is below a specified Bearish level, the trend is considered Bearish. If the RSI value is between the Bullish and Bearish levels, the trend is Neutral, and no arrow is displayed.
Dashboard Display :
The indicator prints arrows on the dashboard to represent Bullish (▲ Green) or Bearish (▼ Red) trends for each timeframe.
You can easily adapt the Dashboard colors (Inputs > Theme) for visibility depending on whether you're using a Light or Dark theme for TradingView.
Usage :
You can adjust the indicator's settings such as theme (Dark or Light), EMA periods, MACD parameters, RSI period, and Bullish/Bearish levels to adapt it to your specific trading strategies and preferences.
Disclaimer :
This indicator is designed to quickly help you identify the trend direction on multiple timeframes and potentially make more informed trading decisions.
You should consider it as an extra tool to complement your strategy, but you should not solely rely on it for making trading decisions.
Always perform your own analysis and risk management before executing trades.
The indicator will only show a Dashboard. The EMAs, RSI and MACD you see on the chart image have been added just to demonstrate how the script works.
DETAILED SCRIPT EXPLANATION
INPUTS:
theme : Allows selecting the color theme (options: "Dark" or "Light").
emaFastPeriod : The period for the fast EMA.
emaSlowPeriod : The period for the slow EMA.
macdFastLength : The fast length for MACD calculation.
macdSlowLength : The slow length for MACD calculation.
macdSignalLength : The signal length for MACD calculation.
rsiPeriod : The period for RSI calculation.
rsiBullishLevel : The level used to determine Bullish RSI condition, when RSI is above this value. It should always be higher than rsiBearishLevel.
rsiBearishLevel : The level used to determine Bearish RSI condition, when RSI is below this value. It should always be lower than rsiBullishLevel.
CALCULATIONS:
The script calculates EMAs on multiple timeframes (15-minute, 30-minute, 1-hour, 4-hour, daily, and weekly) using the request.security() function.
Similarly, the script calculates MACD values ( macdLine , signalLine ) on the same multiple timeframes using the request.security() function along with the ta.macd() function.
RSI values are also calculated for each timeframe using the request.security() function along with the ta.rsi() function.
The script then determines the EMA trends for each timeframe by comparing the fast and slow EMAs using simple boolean expressions.
Similarly, it determines the MACD trends for each timeframe by comparing the MACD line with the signal line.
Lastly, it determines the RSI trends for each timeframe by comparing the RSI values with the Bullish and Bearish RSI levels.
PLOTTING AND DASHBOARD:
Color codes are defined based on the EMA, MACD, and RSI trends for each timeframe. Green for Bullish, Red for Bearish.
A dashboard is created using the table.new() function, displaying the trend information for each timeframe with arrows representing Bullish or Bearish conditions.
The dashboard will appear in the top-right corner of the chart, showing the Bullish and Bearish trends for each timeframe (15M, 30M, 1H, 4H, 1D, and 1W) based on EMA, MACD, and RSI analysis. Green arrows represent Bullish trends, red arrows represent Bearish trends, and no arrows indicate Neutral conditions.
INFO ON USED INDICATORS:
1 — EXPONENTIAL MOVING AVERAGE (EMA)
The Exponential Moving Average (EMA) is a type of moving average (MA) that places a greater weight and significance on the most recent data points.
The EMA is calculated by taking the average of the true range over a specified period. The true range is the greatest of the following:
The difference between the current high and the current low.
The difference between the previous close and the current high.
The difference between the previous close and the current low.
The EMA can be used by traders to produce buy and sell signals based on crossovers and divergences from the historical average. Traders often use several different EMA lengths, such as 10-day, 50-day, and 200-day moving averages.
The formula for calculating EMA is as follows:
Compute the Simple Moving Average (SMA).
Calculate the multiplier for weighting the EMA.
Calculate the current EMA using the following formula:
EMA = Closing price x multiplier + EMA (previous day) x (1-multiplier)
2 — MOVING AVERAGE CONVERGENCE DIVERGENCE (MACD)
The Moving Average Convergence Divergence (MACD) is a popular trend-following momentum indicator used in technical analysis. It helps traders identify changes in the strength, direction, momentum, and duration of a trend in a financial instrument's price.
The MACD is calculated by subtracting a longer-term Exponential Moving Average (EMA) from a shorter-term EMA. The most commonly used time periods for the MACD are 26 periods for the longer EMA and 12 periods for the shorter EMA. The difference between the two EMAs creates the main MACD line.
Additionally, a Signal Line (usually a 9-period EMA) is computed, representing a smoothed version of the MACD line. Traders watch for crossovers between the MACD line and the Signal Line, which can generate buy and sell signals. When the MACD line crosses above the Signal Line, it generates a bullish signal, indicating a potential uptrend. Conversely, when the MACD line crosses below the Signal Line, it generates a bearish signal, indicating a potential downtrend.
In addition to the MACD line and Signal Line crossovers, traders often look for divergences between the MACD and the price chart. Divergence occurs when the MACD is moving in the opposite direction of the price, which can suggest a potential trend reversal.
3 — RELATIVE STRENGHT INDEX (RSI):
The Relative Strength Index (RSI) is another popular momentum oscillator used by traders to assess the overbought or oversold conditions of a financial instrument. The RSI ranges from 0 to 100 and measures the speed and change of price movements.
The RSI is calculated based on the average gain and average loss over a specified period, commonly 14 periods. The formula involves several steps:
Calculate the average gain over the specified period.
Calculate the average loss over the specified period.
Calculate the relative strength (RS) by dividing the average gain by the average loss.
Calculate the RSI using the following formula: RSI = 100 - (100 / (1 + RS))
The RSI oscillates between 0 and 100, where readings above 70 are considered overbought, suggesting that the price may have risen too far and could be due for a correction. Readings below 30 are considered oversold, suggesting that the price may have dropped too much and could be due for a rebound.
Traders often use the RSI to identify potential trend reversals. For example, when the RSI crosses above 30 from below, it may indicate the start of an uptrend, and when it crosses below 70 from above, it may indicate the start of a downtrend. Additionally, traders may look for bullish or bearish divergences between the RSI and the price chart, similar to the MACD analysis, to spot potential trend changes.
MEO Reversal and AlertHello; This indicator offers a suite of diverse analytical features. These features are typically triggered in unusual overbought and oversold conditions and are primarily used to identify excessive buying or selling and for general monitoring in suspicious cases.
Below is a general overview of the various features of this indicator:
RSI Overbought and Oversold Zones: This feature determines whether the RSI is in the overbought or oversold zones.
RSI Peak and Trough Points: Identifies the peak and trough points of the RSI.
Stoch RSI Peak and Trough Points: Identifies the peak and trough points of the Stoch RSI.
MACD Peak and Trough Points: Identifies the peak and trough points of the MACD.
MACD Overflow Points: Detects the overflow points of the MACD.
WaveTrend Reversal Points: Identifies the reversal points of the WaveTrend.
Money Flow Index (MFI) Potential Reversals: Determines the potential reversal points of the MFI.
Z-Score Outliers: Identifies the deviation points of the Z-Score.
Momentum Reversal Points: Identifies the reversal points of Momentum.
SR Support Resistance Breakouts: Determines the breakout points of support and resistance.
Rate of Change (ROC) Rapid Price Change Points: Identifies the rapid price change points of the ROC.
You can set alert conditions for each feature.
The inspiration for this indicator came from the idea of making a few indicators easier and faster to use together. Instead of tracking three basic indicators as shown in the image, I thought it might be more straightforward to follow the Reversal indicator. I imagined this could generally be a handy tip-off indicator and wanted to share it with you. Please write if you have any questions or if there's something you'd like to ask.
However, remember that this should not be considered as investment advice and should not be used for direct buying or selling operations. Each trade is under the individual user's responsibility.
For frequently asked questions, you can check the TradingView support page here: tr.tradingview.com
RSI-all in one_Pro[vn]👉Hello traders.
Introducing the " RSI all-in-one " Bot that includes the functions:
+ Automatically scan RSI divergence
+ Automatically scan RSI trendlines
+ Create an alert when there is a golden signal (RSI creates a divergence and then breaks its trendline, signaling a trend reversal)
Explain:
During trading when using the indicator "RSI - trendlines - div " in my library on TW web page:
- I have an idea to create a Bot indicator about "Automatically scan RSI divergences and trendlines". Because those are the top strengths when traders use the RSI to forecast trend reversals.
- On each chart of the trading pair, the RSI draws the trendline pair as: uptrendline and downtrendline (closest to the RSI)
- So when the statistics on "Bot" also shows the column of RSI trendlines up and the column of RSI trendlines down
- Column |════🡹 \ʀꜱɪ| - is the above RSI trendline
- Column |ʀꜱɪ \════🡻| - is the below RSI trendline
- When RSI approaches any one of its trendlines and the ratio is 10%, then:
+ in column |✎ \𝖙.𝖑𝖎𝖓𝖊| Red colored digits (downtrend)
+ in column |𝖙.𝖑𝖎𝖓𝖊 \✐| blue colored digits (uptrend)
Is the value of the RSI trendline for traders to pay more attention to when it can be the entry and exit points according to the resistance and support nature of the RSI trendlines.
- When the RSI breaks the above trendline, it shows is "🡹", if it is the first candle, at the column |════🡹 \ʀꜱɪ| it shows as "🡹1|1|1" the cell turns green , that's the RSI signal breaking the line. Its resistance to go up, wait for the candle to close, we can enter "Buy/Long" order.
- When the RSI line breaks below the trendline, it shows is "🡻", if it is the first candle, then at the column |ʀꜱɪ \════🡻| it displays as "🡻1|1|1" the cell turns red , that's the RSI signal breaking the line Support to continue down, wait for the candle to close, we can enter "Sell/Short" order
- The parameter when breaking shows 10|10|10, it means that the RSI has broken 10 candles (RSI candles), and the first 10 candles are colored green (bullish) red (bearish) then hidden. (can be changed in settings). In addition, when displaying the parameters of the cell as above, the column |✎ \𝖙.𝖑𝖎𝖓𝖊| and |𝖙.𝖑𝖎𝖓𝖊 \✐| will show the percentage from when the RSI break point to the current RSI (closed)
- Column |𝚍𝚒𝚟| is a divergence signal. When the price makes a new high, a new low, and the RSI signals a divergence, it will start to increase the base from the number 1. From here, the Trader will know which trading pair is starting to divergence RSI. Cell is Green bullish divergence, Cell is red bearish divergence
- Column|🆁🆂🅸| is the current RSI .{🟢} RSI above the cloud , {🔴} RSI below the cloud , {⚪️} RSI in the cloud(RSI clouds also indicate very well the support and resistance zone of RSI)
- There are 5 warning functions on this indicator
- The parameter {20:2} is the length of the RSI trendline and combines the same parameters with the "RSI - trendlines - div{vn}" indicator when analyzing
💥 Summary:
Trading methods with this indicator:
+ Trade when there is a divergence
+ Trade when the RSI approaches its trendline (it is the support and resistance line of the RSI)
+ Trade when the RSI breaks the trendline (definitively above or below)
+ Trade when there is a divergence then after a few candles, RSI breaks through its trendline, giving a golden signal.
1 . image
Later(sau đó)
2 . image
Later(sau đó)
Note: The indicator can create up to 40 trading pairs, so traders should choose a super nice signal to enter orders.
-----------------------------------------------------Vietnamese-------------------------------------------------------
👉Xin chào các nhà giao dịch VietNam.
xin giới thiệu Bot "RSI-Tất cả trong một " bao gồm các chức năng:
+ Tự động quét phân kì RSI
+ Tự động quét đường xu hướng RSI
+ Tạo cảnh báo khi có tín hiệu vàng(RSI tạo phân kì và sau đó phá vỡ đường xu hướng của nó báo hiệu đảo chiều xu hướng)
Diễn giải:
- Trong quá trình giao dịch khi dùng chỉ báo "RSI - trendlines - div " trong thư viện của tôi trên trang TW . Tôi có ý tưởng tạo chỉ báo Bot về " Tự động quét phân kì và đường xu hướng của RSI ". Vì đó là những điểm mạnh hàng đầu khi nhà giao dịch sử dụng chỉ báo RSI để dự báo đảo chiều xu hướng.
- Trên mỗi biểu đồ của cặp giao dịch, chỉ báo RSI vẽ cặp trendline là: trendline tăng và trendline giảm (gần với RSI nhất)
- Vì vậy khi thống kê trên " Bot " cũng hiển thị cột của RSI trendlines tăng và cột của RSI trendlines giảm
- Cột |════🡹 \ʀꜱɪ| - là trendline RSI bên trên
- Cột |ʀꜱɪ \════🡻|- là trendline RSI bên dưới
- Khi RSI phá đường xu hướng bên trên thì nó hiển thị là "🡹", nếu là cây nến đầu tiên thì tại cột |════🡹 \ʀꜱɪ| nó hiển thị là "🡹1|1|1" ô đổi màu xanh , đó là tín hiệu RSI phá vỡ đường kháng cự của nó để đi lên , chờ nến đóng cửa ta có thể vào lệnh "Buy/Long"
- Khi đường RSI phá đường xu hướng bên dưới thì nó hiển thị là "🡻", nếu là cây nến đầu tiên thì tại cột |ʀꜱɪ \════🡻| nó hiển thị là "🡻1|1|1" ô đổi màu đỏ , đó là tín hiệu RSI phá vỡ đường hỗ trợ để xuống tiếp , chờ nến đóng cửa ta có thể vào lệnh "Sell/Short "
-Khi RSI tiến gần đến 1 đường trendline bất kì của nó mà tỉ lệ còn 10% thì:
+ tại cột |✎ \𝖙.𝖑𝖎𝖓𝖊| chữ số tô màu đỏ (trend giảm)
+ tại cột |𝖙.𝖑𝖎𝖓𝖊 \✐| chữ số tô màu xanh (trend tăng)
Là giá trị của đường trendline RSI để trader chú ý hơn khi đó có thể là điểm vào lệnh và thoát lệnh theo tính chất kháng cự hỗ trợ của RSI trendlines.
-Thông số khi phá vỡ hiển thị 10|10|10 thì hiểu là RSI đã phá vỡ 10 nến(nến RSI), và 10 nến đầu tiên được tô màu xanh(tăng giá) màu đỏ (giảm giá) sau đó được ẩn(có thể thay đổi trong cài đặt). Ngoài ra khi hiện thông số của ô như trên thì cột |✎ \𝖙.𝖑𝖎𝖓𝖊| và |𝖙.𝖑𝖎𝖓𝖊 \✐| sẽ hiển thị được số phần trăm tính từ khi điểm RSI phá vỡ đến RSI hiện tại(đóng cửa)
Cột |𝚍𝚒𝚟| là tín hiệu phân kì . Khi giá tạo đỉnh mới, đáy mới mà RSI báo tín hiệu là phân kì thì nó sẽ bắt đầu cơ số đếm từ số 1 tăng dần lên.Từ đây Trader sẽ biết được cặp giao dịch nào đang bắt đầu phân kì RSI. Ô màu xanh là phân kì tăng, ô màu đỏ là phân kì giảm
- Cột| 🆁🆂🅸 | là RSI hiện tại .{🟢} RSI trên mây , {🔴} RSI dưới mây , {⚪️} RSI trong mây(Mây của RSI cũng cho biết rất tốt vùng hỗ trợ, kháng cự của RSI)
- Có 5 chức năng cảnh báo trên chỉ báo này
- Thông số {20:2} là độ dài đường trendline RSI và kết hợp cùng thông số với chỉ báo "RSI - trendlines - div{vn}" khi phân tích
💥 Tổng kết:
Các phương pháp giao dịch với chỉ báo này:
+ Giao dịch khi có phân kì.
+ Giao dịch khi RSI tiếp cận đến đường xu hướng của nó(nó là đường hỗ trợ, kháng cự của RSI).
+ Giao dịch khi RSI phá vỡ đường xu hướng(trên hoặc dưới cách dứt khoát).
+ Giao dịch khi có phân kì sau đó qua vài nến, RSI phá vỡ qua đường xu hướng của nó báo hiệu tín hiệu vàng.
Lưu ý : Chỉ báo tạo được tối đa 40 cặp giao dịch, nên AE trader Việt cứ chọn tín hiệu siêu đẹp để vào lệnh nhé.
Double Relative Strength Index (Double RSI)# Double Relative Strength Index (Double RSI) Indicator
The Double Relative Strength Index (Double RSI) is a custom trading indicator for the TradingView platform. It provides traders with two Relative Strength Index (RSI) bands, a fast RSI, and a slow RSI, which can be helpful in identifying potential entry and exit points in the market.
## Features
- **Uses 2 RSI Bands:** The indicator displays two RSI lines on the chart, providing insights into the short-term and long-term strength of the asset's price movement.
- **Fast and Slow RSI:** The fast RSI uses a shorter length, while the slow RSI uses a longer length, allowing traders to observe different time frames of price momentum.
- **Smoothing:** To reduce noise and improve the readability of the RSI lines, the indicator offers multiple smoothing options such as RMA, SMA, EMA, WMA, and HMA.
- **Crossover and Crossunder Signals:** The indicator identifies potential trading signals when the fast RSI crosses above or below the slow RSI. These events are visually highlighted on the chart with color-coded candlesticks.
- **RSI Bands:** The indicator also includes colored bands that represent different RSI levels, such as 80%, 75%, 60%, 50%, 45%, 25%, and 20%. These bands help visualize the RSI's current position relative to overbought and oversold conditions.
## How to Use
1. Add the "Double RSI" indicator to your TradingView chart.
2. Customize the input parameters according to your preferences, such as the lengths of the fast and slow RSIs and the smoothing method.
3. The indicator will display two RSI lines on the chart, each with its own color.
4. Look for crossover events where the fast RSI line crosses above the slow RSI line, indicating a potential bullish signal.
5. Watch for crossunder events where the fast RSI line crosses below the slow RSI line, indicating a potential bearish signal.
6. The colored bands represent different RSI levels. When the RSI is in the overbought (high) or oversold (low) regions, it may suggest a potential reversal in price direction.
## Disclaimer
Please remember that the Double RSI indicator is provided for informational purposes only and should not be considered as financial advice or a standalone trading strategy. Always perform your own research, use additional tools and indicators, and consider risk management techniques before making any trading decisions.
**Note:** This code is subject to the terms of the Mozilla Public License 2.0. For more details, refer to the (mozilla.org).
Good Mode RSI v2► Description:
"Good Mode RSI v2" is a powerful trading strategy designed to provide informed trading decisions. This script utilizes the popular RSI (Relative Strength Index) indicator to identify potential buying and selling opportunities in the market. It goes beyond the traditional use of RSI by incorporating carefully selected parameters to enhance its effectiveness. The strategy stands out for its customized combination of RSI levels and stop-loss/take-profit thresholds, allowing for precise trade entries and exits while effectively managing risk.
► How to Use:
To utilize the "Good Mode RSI v2" strategy, follow these steps:
1. Apply the script to your desired trading instrument and timeframe in TradingView.
2. Monitor the chart for trade signals generated by the strategy.
3. When the RSI reaches the sell level of 96, a sell signal is generated. Consider placing a sell order to take advantage of potential downward price movements.
4. take-profit level at 60 to secure profits in a strong downtrend.
5. When the RSI drops below the buy level of 4, a buy signal is generated. Consider placing a buy order to enter the market at a favorable price.
6. take-profit level at 30 to secure profits in a strong uptrend.
7. Monitor the RSI indicator on the chart to stay updated on its current value and anticipate potential trade signals.
Please note that trading decisions should be made based on a comprehensive analysis of multiple factors, including market conditions, trend analysis, and risk management. The "Good Mode RSI v2" strategy can serve as a valuable tool in your trading journey, but it should be used in conjunction with your own research and analysis.
► About it:
The "Good Mode RSI v2" strategy is not a mere replication or slight modification of existing strategies or indicators. It has been carefully crafted to provide traders with an original and purposeful approach to trading using the RSI indicator. The strategy's unique configuration of RSI levels and stop-loss/take-profit thresholds allows for improved performance and profitability. Backtesting results have shown impressive metrics, including a gain factor of 2.445 and a compelling profitability of 78.07% during the testing period.
► Referrals:
If you have any questions or need further assistance with the "Good Mode RSI v2" strategy, feel free to ask. Good luck with your trading endeavors!
ScalpTrader RSIThis script is a customized Relative Strength Index (RSI) indicator with added functionality, notably the optional Bollinger Bands overlay.
At its core, the script calculates the RSI, which is a popular momentum indicator used in technical analysis to identify overbought and oversold conditions. It does this by taking the average gain and the average loss over a user-defined period (default is 14) to compute the relative strength, which is then transformed into the RSI.
Furthermore, this script provides the option to overlay Bollinger Bands on the RSI line. Bollinger Bands, consisting of a middle band (a moving average) with two outer bands (standard deviations of the middle band), are used to measure volatility and 'relative' high or low prices. When applied to the RSI, they can offer another perspective on the momentum and volatility of the market.
RSI plot values are colored green if above 50 and red if below 50 to give the trader a sense of bullish or bearish price action.
I hope you find the indicator useful. Enjoy.
RSI-Volume Oscillator Quick Scalping By Akhilesh PatelTitle: RSI-Volume Oscillator Quick Scalping Indicator
Description:
The "RSI-Volume Oscillator Quick Scalping" is a powerful and versatile custom indicator designed for traders who engage in scalping strategies. This indicator combines the Relative Strength Index (RSI) with a Volume Oscillator to provide valuable insights into momentum and volume dynamics in the market. Traders can also select their preferred moving average types (SMA, EMA, or HMA) to further customize the indicator's behavior.
Key Features:
RSI and Volume Oscillator Fusion: The indicator blends the RSI and a custom Volume Oscillator to offer a comprehensive view of both price momentum and volume trends. This integration provides valuable signals for quick scalping opportunities.
Customizable Moving Averages: Traders can choose from three popular moving average types (SMA, EMA, or HMA) for further customization. This flexibility allows users to align the indicator with their preferred trading strategies.
Clear Visualization: The Combined RSI-Volume Oscillator is plotted as a solid blue line, while the three selected moving averages are represented by orange, purple, and green lines, respectively. The zero line, overbought, and oversold levels for RSI are also indicated for easy reference.
Quick Scalping Signals: The indicator helps traders spot potential buy and sell signals efficiently, making it ideal for quick scalping strategies in rapidly moving markets.
Usage Instructions:
Customize the indicator by selecting your preferred RSI length, Volume Oscillator length, and moving average type (SMA, EMA, or HMA).
Observe the Combined RSI-Volume Oscillator and moving averages for potential entry and exit points.
Look for crossovers between the Combined RSI-Volume Oscillator and the selected moving averages for buy and sell signals.
The overbought (70) and oversold (30) levels for RSI can be used to identify potential reversal points.
Important Note:
Test the indicator on historical data and demo accounts before using it in live trading to ensure it aligns with your trading strategy.
Understand that no indicator guarantees profits, and trading involves risk. Always use proper risk management and discipline when executing trades.
Overall, the "RSI-Volume Oscillator Quick Scalping" indicator is a valuable addition to any scalper's toolkit, providing comprehensive insights into momentum and volume dynamics to enhance trading decisions. Happy scalping!
EMA Power BandsHello!
Today, I am delighted to introduce you to the "EMA Power Bands" indicator, designed to assist in identifying buying and selling points for assets moving in the markets.
Key Features of the Indicator:
EMA Bands: "EMA Power Bands" utilizes Exponential Moving Average (EMA) to create trend lines. These bands automatically expand or contract based on the price trend, adapting to market conditions.
ATR-Based Volatility: The indicator measures price volatility using the Average True Range (ATR) indicator, adjusting the width of the EMA bands accordingly. As a result, wider bands form during periods of increased volatility, while they narrow during lower volatility.
RSI-Based Buy-Sell Signals: "EMA Power Bands" uses the Relative Strength Index (RSI) to identify overbought and oversold zones. Entering the overbought zone generates a sell signal, while entering the oversold zone produces a buy signal.
Trend Direction Identification: The indicator assists in determining the price trend direction by analyzing the slope of the EMA bands. This allows you to identify periods of uptrends and downtrends.
Visualization of Buy-Sell Signals: "EMA Power Bands" visually marks the buy and sell signals:
- When RSI enters the overbought zone, it displays a sell signal (🪫).
- When RSI enters the oversold zone, it indicates a buy signal (🔋).
- When a candle closes above the emaup line, it displays a bearish signal (🔨).
- When a candle closes below the emadw line, it indicates a bullish signal (🚀).
By using the "EMA Power Bands" (EMA Güç Bantları) indicator, especially in trend-following strategies and periods of volatility, you can make more informed and disciplined trading decisions. However, I recommend using it in conjunction with other technical analysis tools and fundamental data.
*You can also use it with CCI as an example.
With this indicator, you can identify potential trend reversals in advance and strengthen your risk management strategies.
So, go ahead and try the "EMA Power Bands" (EMA Güç Bantları) indicator to enhance your technical analysis skills and make more informed trading decisions!
TradeMaster OscillatorTrading effectively requires a range of techniques, experience, and expertise. From technical analysis to market fundamentals, traders must navigate multiple factors, including market sentiment and economic conditions. However, traders often find themselves overwhelmed by market noise, making it challenging to filter out distractions and make informed decisions. To address this, we present a powerful indicator package designed to assist traders on their journey to success.
The TradeMaster indicator package encompasses a variety of trading strategies, including the SMC (Supply, Demand, and Price Action) approach, along with many other techniques. By leveraging concepts such as price action trading, support and resistance analysis, supply and demand dynamics, these indicators empower traders to analyze entry and exit positions with precision. Unlike other forms of technical analysis that produce values or plots based on historical price data, Price Action brings you the facts straight from the source - the current price movements.
The indicator package consists of three powerful indicators that can be used individually or together to maximize trading effectiveness.
⭐ About the Oscillator Indicator
The Oscillator is an innovative and robust tool that encapsulates the principles of multiple technical analysis methodologies to enrich your trading strategy. By leveraging the combination of our six unique indicators, it can provide a comprehensive and multi-dimensional view of market dynamics.
👉 Usage - the general approach:
Utilize the Oscillator Indicator as a confirmational tool. The Oscillator acts as a tool to validate ideas and strategies. By analyzing the oscillator's readings, you gain additional insights into market momentum, overbought or oversold conditions, and potential trend reversals. This confirmation step helps you avoid false signals and make more informed trading choices.
👉 We are focusing on the default setting of the TradeMaster Oscillator, which incorporates the Global RSI* as main oscillator and Local RSI* as confirmational oscillator. This base configuration can be custom-tailored to your preference, leveraging the additional combination of our six unique indicators.
Understand the difference between Global and Local RSI: The Global RSI represents broad relative strength, while the Local RSI describes the relative strength within wider movements. It's like having both a macro and micro view of relative strength.
Identify extreme values in Local RSI: Look for extremes in the Local RSI (overbought/oversold in Stochastic RSI). These often indicate a turning point in the RSI, which naturally reflects in the price. The Local RSI extremes are shown as dots outside the Global RSI bands in a "heatmap" style.
Smooth your RSI: You have the option to smooth your RSI with your preferred smoothing method (SMA , SMMA, EMA, DEMA, TEMA, LSMA, HMA, VWMA, WMA) and length.
Please bear in mind that high smoothing values can make the standard RSI extremes (>70 or <30) suboptimal or even useless. To address this potential problem, Adaptive levels were introduced.
Adaptive key levels for more relevant extremes: enabling Adaptive levels recalibrates extremes based on the historical RSI turning points (typical median turning points), providing much more relevant reference points for overbought/oversold states in both Global and Local RSI. This function can be used without smoothing but rarely provides significant difference unless you experiment with the length of RSI calculation.
Incorporate multiple indicators: besides Global and Local RSI, you can display six different proprietary indicators in the main oscillator theme. By choosing from these, you can apply the confirming condition as well. These include Sentiment (Fear and greed), Momentum, Trend Strength, Volume, and Volatility. These indicators use our TRMA** method to provide a comprehensive overview of market dynamics.
Choose your Global RSI display style: the Global RSI can be represented in candle, bar, line or ribbon form. Candles and bars can be useful for detecting rejections of relative strength (wicks), similar to OHLC data. Sometimes there are "hidden rejections" visible in relative strength but not in OHLC data, which naturally presents an advantage.
Customize the colors: All colors can be adjusted from the input menu to suit your preferences. This personalization allows you to make the Oscillator clear and intuitive for your individual trading style as possible.
Monitor Real-time Indicator values: In the bottom right corner, you can view real-time color-coded indicator values. This feature gives you the ability to quickly assess the market's current conditions without needing to navigate away from the chart.
Use multiple indicators in conjunction: while each indicator within the Oscillator provides valuable insights, their true power lies in their combination. Identify alignment among indicators to validate potential trades. For instance, when a bullish sentiment indication aligns with a low volatility reading, it may suggest a favorable buying opportunity.
Consider the market context: while the Oscillator provides a robust set of tools, always consider other aspects of the market environment. Use the oscillator in conjunction with other technical, fundamental, or sentiment analysis methods to develop a comprehensive trading strategy.
🛑 Remember, the oscillator should be used as a confirmational tool in your overall trading strategy. Make reasonable use of all its features, and always keep risk management principles in mind.
* By default, these are fine-tuned RSI and Stochastic RSI indicators.
** TRMA (Trend Rainbow Moving Averages) is a complex but customizable moving average matrix calculation that is designed to accurately measure market trend direction, strength and shifting.
⭐ Conclusion
We hold the view that the true path to success is the synergy between the trader and the tool, contrary to the common belief that the tool itself is the sole determinant of profitability. The actual scenario is more nuanced than such an oversimplification. Our aim is to offer useful features that meet the needs of the 21st century and that we actually use.
🛑 Risk Notice:
Everything provided by trademasterindicator – from scripts, tools, and articles to educational materials – is intended solely for educational and informational purposes. Past performance does not assure future returns.
RSI Supreme Multi-Method [MyTradingCoder]Introducing the "RSI Supreme Multi-Method" indicator, a powerful tool that combines the Relative Strength Index (RSI) with selectable manipulation methods to identify overbought and oversold conditions in the market, along with the ability to detect divergences for enhanced trading insights.
The indicator features four distinct manipulation methods for the RSI, each providing valuable insights into market conditions:
1. Standard RSI Method: The indicator uses the traditional RSI calculation to identify overbought and oversold areas.
2. Volatility Weighted RSI Method: This method applies a volatility formula to the RSI calculation, allowing for a more responsive indication of market conditions during periods of heightened volatility. Users can adjust the length of the volatility formula to fine-tune this method.
3. Smoothed RSI Method: The smoothed RSI method utilizes a smoothing algorithm to reduce noise in the RSI values, presenting a clearer representation of overbought and oversold conditions. The length of the smoothing can be adjusted to match your trading preferences.
4. Session Weighted RSI Method: With this innovative method, users can specify multipliers for different time sessions throughout the day to manipulate the base RSI. Each session can be customized with start and end times, enabling or disabling specific sessions, and specifying the multiplier for each session. This feature allows traders to adapt the RSI to different market sessions dynamically.
Additionally, the "RSI Supreme Multi-Method" indicator draws divergences on the oscillator, providing an extra layer of analysis for traders. Divergences occur when the direction of the RSI differs from the direction of the price movement, potentially signaling trend reversals.
Key Settings:
RSI Length: Adjust the length of the base RSI before applying any manipulation.
RSI Source: Determine the data source for the base RSI calculation.
Overbought Value: Set the RSI value at which overbought conditions are indicated.
Oversold Value: Set the RSI value at which oversold conditions are indicated.
RSI Type: Choose from four options: Standard, Smoothed, Volatility Manipulated, or Session Manipulated.
Volatility Manipulated Settings: Adjust the length of the volatility formula (applicable to Volatility Manipulated method).
Smoothed Settings: Adjust the length of the smoothing (applicable to Smoothed method).
Session Manipulated Settings: Customize six different time sessions with start and end times, enable or disable specific sessions, and specify multipliers for each session.
Divergence Color: Adjust the color of the drawn divergences to suit your chart's aesthetics.
Divergence Tuning: Fine-tune the sensitivity of the divergence detection for more accurate signals.
The "RSI Supreme Multi-Method" indicator is a versatile and comprehensive tool that can be used to identify overbought and oversold areas, as well as to spot potential trend reversals through divergences. However, like all technical analysis tools, it should be used in conjunction with other indicators and analysis methods to make well-informed trading decisions.
Enhance your trading insights with the "RSI Supreme Multi-Method" indicator and gain an edge in identifying critical market conditions and divergences with precision.
BTFD strategy [3min]Hello
I would like to introduce a very simple strategy to buy lows and sell with minimal profit
This strategy works very well in the markets when there is no clear trend and in other words, the trend going sideways
this strategy works very well for stable financial markets like spx500, nasdaq100 and dow jones 30
two indicators were used to determine the best time to enter the market:
volume + rsi values
volume is usually the number of stocks or contracts traded over a certain period of time. Thus, it is an important indicator of market activity and liquidity. Each transaction constitutes an individual exchange between the buyer and the seller and constitutes the trading volume of a given instrument or asset.
The RSI measures the strength of uptrends versus downtrends. The signal is the entry or exit of the indicator value of the oversold or overbought level of the market. It is assumed that a value below or equal 30 indicates an oversold level of the market, and an RSI value above or equal 70 indicates an overbought level.
the strategy uses a maximum of 5 market entries after each candle that meets the condition
uses 5 target point levels to close the position:
tp1= 0.4%
tp2= 0.6%
tp3= 0.8%
tp4= 1.0%
tp5= 1.2%
after reaching a given profit value, a piece of the position is cut off gradually, where tp5 closes 100% of the remaining position
each time you enter a position, a stop loss of 5.0% is set, which is quite a high value, however, when buying each, sometimes very active downward price movement, you need a lot of space for market decisions in which direction it wants to go
to determine the level of stop loss and target point I used a piece of code by RafaelZioni , here is the script from which a piece of code was taken
this strategy is used for automation, however, I would recommend brokers that have the lowest commission values when opening and closing positions, because the strategy generates very high commission costs
Enjoy and trade safe ;)
TTP Alt HedgeAlt hedge is a pine script that allows you to backtest and live hedge trade alt coin pairs.
Once you have selected 20 alt coins and your preferred take profit and a stop loss settings the script will find pairs: one coin that is very overbought and one that is very oversold. It will then long the one in discount and short the premium one.
The script will show you the PNL of the hedge combined position. If together they reach the TP or SL the position will be closed.
Use the "max profit retracement" to target larger TP levels and lock in profits if they retrace more than the chosen ratio. Example: if the TP retraces more than the golden ratio of 0.618 then close the position.
The indicator offers a table of profits with overall PNL and win rate stats.
It can be hooked up to WickHunter bots using alerts and the UUID of the bot.
Debug alerts shows the messages that will be sent for entry/exit deal messages.
Plot PNL shows the cumulative PNL in percentage in the same chart. This function is particularly useful since it shows the performance of the bot.
Each deal in this bot can consist of any pair of coins provided by the user. For example: long ADA + short ETH when ADA is very expensive and ETH is very cheap.
Consider using alt coins that have either strong or vey low correlation, the closer to 1 or -1 in correlation coefficient the better.
Have fun!
OnChart_RSI💡 RSI superimposed on the chart!
👉 This indicator clearly shows the overbought and oversold zones directly on the chart of any instrument!
The RSI settings are standard.
In the settings menu, the RSI length and data type are set. In addition, the lower and upper boundaries are set.
The values of the boundaries and the RSI index are automatically adapted to the price of the instrument.
Thus, the boundaries of UP and DN form a kind of price channel and are displayed on the chart with a red and green line.
The RSI value is the yellow line.
The colors of the lines can be changed in the Style menu.
The exit of the RSI line above the upper limit (UP) indicates the entry of the price into the overbought zone (here you should look for a sale), the exit below the lower limit (DN) indicates the entry into the oversold zone (here you should look for purchases).
The return of the RSI from the overbought zone or from the oversold zone into the trading channel is marked on the chart with triangles and has a built-in alert.
When the price is fixed beyond the upper limit of UP, an uptrend is activated, and when fixed beyond the lower limit of DN, a downtrend is activated. The trend direction is highlighted by filling the channel (Show TREND in the settings menu).
The trend change also has a built-in alert.
👉 I wish everyone a profit and be sure to follow risk management in trading!
For any questions, you can write to me in private messages or by the contacts in my signature.
===============================================
💡 RSI наложенный на график!
👉 Данный индикатор наглядно показывает зоны перекупленности и перепроданности непосредственно на графике любого инструмента!
Параметры настройки RSI - стандартные.
В меню настройки задаётся длина RSI и тип данных. Кроме этого задаются нижняя и верхняя границы.
Значения границ и индекса RSI автоматически адаптируются под цену инструмента.
Таким образом, границы UP и DN образуют некий ценовой канал и отображаются на графике красной и зеленой линией.
Значение RSI - желтая линия.
Цвета линий можно изменить в меню "Стиль".
Выход линии RSI выше верхней границы (UP) говорит о входе цены в зону перекупленности (здесь следует искать продажу), выход ниже нижней границы (DN) говорит о входе в зону перепроданности (здесь следует искать покупки).
Возврат RSI из зоны перекупленности или из зоны перепроданности внутрь торгового канала - отмечается на графике треугольниками и имеет встроенное оповещение.
При закреплении ценой за верхней границей UP, активируется восходящий тренд, а при закреплении за нижней границей DN - нисходящий. Направление тренда подсвечивается заливкой канала (Show TREND в меню настроек).
Смена тренда также имеет встроенное оповещение.
👉 Желаю всем профита и обязательно соблюдайте риск-менеджмент в торговле!
По любым вопросам Вы можете написать мне в личные сообщения или по контактам в моей подписи.
Variety Step RSI w/ Dynamic Zones [Loxx]Variety Step RSI w/ Dynamic Zones is a stepped RSI calculation with Discontinued Signal Lines. This indicator includes 7 types of RSI to choose from. The addition of the Discontinued Signal Lines allows this indicator to better identify momentum shifts in price so traders have better defined long/short signals.
Enhanced Moving Average Calculation with Stepped Moving Average and the Advantages over Regular RSI
Technical analysis plays a crucial role in understanding and predicting market trends. One popular indicator used by traders and analysts is the Relative Strength Index (RSI). However, an enhanced approach called Stepped Moving Average, in combination with the Slow RSI function, offers several advantages over regular RSI calculations.
█ Stepped Moving Average and Moving Averages:
The Stepped Moving Average function serves as a crucial component in the calculation of moving averages. Moving averages smooth out price data over a specific period to identify trends and potential trading signals. By employing the Stepped Moving Average function, traders can enhance the accuracy of moving averages and make more informed decisions.
Stepped Moving Average takes two parameters:
The current RSI value and a size parameter. It computes the next step in the moving average calculation by determining the upper and lower bounds of the moving average range. It accomplishes this by adjusting the values of smax and smin based on the given RSI and size.
Furthermore, Stepped Moving Average introduces the concept of a trend variable. By comparing the previous trend value with the current RSI and the previous upper and lower bounds, it updates the trend accordingly. This feature enables traders to identify potential shifts in market sentiment and make timely adjustments to their trading strategies.
█ Advantages over Regular RSI:
Enhanced Range Boundaries:
The inclusion of size parameters in Stepped Moving Average allows for more precise determination of the upper and lower bounds of the moving average range. This feature provides traders with a clearer understanding of the potential price levels that can influence market behavior. Consequently, it aids in setting more effective entry and exit points for trades.
Improved Trend Identification:
The trend variable in Stepped Moving Average helps traders identify changes in market trends more accurately. By considering the previous trend value and comparing it to the current RSI and previous bounds, Stepped Moving Average captures trend reversals with greater precision. This capability empowers traders to respond swiftly to market shifts and potentially capture more profitable trading opportunities.
Smoother Moving Averages:
Stepped Moving Average's ability to adjust the moving average range bounds based on trend changes and size parameters results in smoother moving averages. Regular RSI calculations may produce jagged or erratic results due to abrupt market movements. Stepped Moving Average mitigates this issue by dynamically adapting the range boundaries, thereby providing traders with more reliable and consistent moving average signals.
Complementary Functionality with Slow RSI:
Stepped Moving Average and Slow RSI function in harmony to provide a comprehensive trading analysis toolkit. While Stepped Moving Average refines the moving average calculation process, Slow RSI offers a more accurate representation of market strength. The combination of these two functions facilitates a deeper understanding of market dynamics and assists traders in making better-informed decisions.
What is a Discontinued Signal Line (DSL)?
Many indicators employ signal lines to more easily identify trends or desired states of the indicator. The concept of a signal line is straightforward: by comparing a value to its smoothed, slightly lagging state, one can determine the current momentum or state.
The Discontinued Signal Line builds on this fundamental idea by extending it: rather than having a single signal line, multiple lines are used based on the indicator's current value.
The "signal" line is calculated as follows:
When a specific level is crossed in the desired direction, the EMA of that value is calculated for the intended signal line.
When that level is crossed in the opposite direction, the previous "signal" line value is "inherited," becoming a sort of level.
This approach combines signal lines and levels, aiming to integrate the advantages of both methods.
In essence, DSL enhances the signal line concept by inheriting the previous signal line's value and converting it into a level.
Extras
-Alerts
-Signals
Related indicators:
Step RSI
20/200MAs+LTF+4HTF and HighLowBox+3HTF20/200MAs
Shows 20 and 200 MAs in each TFs(tfChart,1 Lower and 4 Higher).
TFs:
current TF
Lower TF (default: lower1)
Higher TF1 (default: higher1)
Higher TF2 (default: higher1)
Higher TF3 (default: higher1)
Higher TF4 (default: higher1)
MAs:
20MA (default: sma)
1st 200MA (default: sma)
2nd 200MA (default: ema)
VWAP (optional)
HighLowBox+3HTF
Enclose in a square high and low range in each timeframe.
Shows price range and duration of each box.
In current timeframe, shows Fibonacci Scale inside(23.6%, 38.2%, 50.0%, 61.8%, 76.4%)/outside of each box.
Outside(161.8%,261.8,361.8%) would be shown as next target, if break top/bottom of each box.
1st box for current timeframe.
2nd box for higher timeframe.(default: higher1)
3rd box for higher timeframe.(default: higher2)
4th box for higher timeframe.(default: higher3)
static timeframes can also be used.
