MACD-RSI With @LuckyNickVAMACD & RSi Confluence. Great for those who are looking for RSI & macd signals. Highlights volatility & structure points for entering & exiting the market. You have to understand market volatility to understand this concept. So please research more on those subjects before using. But The RSI is the relative strength index it helps you understand the increase in interest in price great for trend trading along with the momentum based indicator. Macd Developed by Gerald Appel, the Moving Average Convergence-Divergence, or MACD, is an oscillator that measures price momentum. The indicator also measures the strength, direction and duration of a trend. Forex traders can use the MACD to confirm an entry price or exit point.
Göreceli Güç Endeksi (RSI)
RSI Stoch MACD EMARibbon (by WJ)Combination of RSI, Stochastic and MACD signals filtered by EMA Ribbon direction.
Long when:
RSI > 50
Stochastic crossover upwards k > d and k < 50
MACD crossover upwards
EMA fast > slow
Short when:
RSI < 50
Stochastic crossover downwards k < d and k > 50
MACD crossover downwards
EMA fast < slow
Make sure Stochastic has recently done a crossover from respective overbought/oversold zones.
RSI DoubleJust another RSI indicator with a plus: shows the current symbol RSI in black plus another symbol RSI in blue.
This is useful for example if you are trading alt-coins and you want to see also the RSI of Bitcaoin as reference, or is you are trading forex and want to see another index...
See my other scripts in: es.tradingview.com
RSI CCI Correlating Oscillator (RCCO) by empowerTRCCO is pronounced "ree-koh" or "rico".
The RCCO is simply the plot of the values of both the RSI and CCI added together.
The RCCO makes some adjustments though, so that both the RSI and the CCI will fit correctly on the same scale - and so that these adjustments for scale allow reversals to be detected at crossings.
When the CCI crosses from underneath to up above the RSI, this is usually a bullish reversal. Alternatively, when the CCI crosses from above to back under the RSI, that usually signals a bearish trend. Look for the widest swings you can find to ensure good momentum. The larger the volume, the clearer and more decisive the trends. Low volume will lead to ranging and lazy momentum. High volume will create clear and forceful trends. The lowest negative RCCO in a timeframe, and then add some high volume... and you have yourself a good setup for a successful trade.
Because the RSI and CCI are adjusted, you may not recognize their values from having used the respective indicators on their own. The RSI and CCI values are less important. What matters with this indicator are the crossings and the RCCO value. The RCCO value should be negative, preferably, a deeply negative value. Look at the historical chart for the target per your selected timeframe and decide what values work for you.
I hope you enjoy the RCCO and that it can help you become a little más RICO!
PVT RSIPrice Volume Trend based RSI with SMA smoothing. I personally prefer smoothed RSI's to get rid of noise.
SOFTENED RSI DİFFRACTİON BANDSThis indicator takes the moving averages of the rsi values, gives signals in the lower and upper breaks, prevents the rsi upper threshold from signaling above a certain rsi value, as the rsi upper threshold value increases, the number of signals increases and the number of risky signals also increases. As the rsi upper threshold value decreases, the signals decrease and become better quality You can determine the most appropriate threshold value according to the commodity type.
bu indikatör rsi değerlerinin hareketli ortalamalarını alır alttan ve üstten kırılımlarında sinyal verir rsi üst eşiği belli bir rsi değerinin üstünde sinyal vermesini engeller rsi üst eşik değeri arttıkça sinyal sayısı artar aynı zamanda riskli sinyal sayısıda artar rsi üst eşik değeri azaldıkça sinyaller azalır ve daha kaliteli hale gelir emtia tipine göre en uygun eşik değerini belirleyebilirsiniz.
Trend Momentum with Buyers / Sellers PowerHi there!
With this indicator, you can hunt big trends before they start.
This indicator is combined with RSI and Momentum indicators
It can show you the power of trend and which side it wants to go
It can help you to open a position at the first point of a new trend or at the safe and proven point of the trend, also it can help you to close your position before the trend change its direction (it's not recommended to use it to close your positon, but sometimes it can help you to find the ending point of big pumps)
Rules:
* Baseline is ZERO ( 0 ) line
* When gray line crossover red line, it shows us a powerful uptrend
* When the gray line crossunder the red line it shows us a powerful upward trend
Signals:
* Only use Buy signals(Long) when they are above or crossing-up baseline
* Only use Sell signals(Short) when they are under or crossing-down baseline
* If they both (red and gray lines) are too high and they suddenly starting to come back to baseline, it shows we have a range trend, the trend is weak or a reversal trend is coming!!
!! WARNING: DO NOT USE THIS INDICATOR ALONE !!
Suggestions :
-Use 1H, 4H, daily, or Weekly timeframes
-Use ADX and DI or three WMA's
-Use divergence
-You can use it for scalping but you need to change the inputs (not recommended)
If you have any idea about making new indicators(what information do you want from the chart?), comment please, then I can research and make it for all of us! =)
Stochastic Weighted RSI w/ Divergence + Signals🐢 Tawtis' Stochastic Weighted Relative Strength Index , aka SWRSI
This indicator combines the Stochastic RSI and the classic RSI we all know and love to create a more effective indication of seller/buyer dominance, and in turn, trend. I have named it the "Stochastic Weighted RSI". The script also includes a standard RSI, so you can use both at the same time!
Loads of customisation, pretty much every input can be changed to fit your preferences, however, the default settings are what I would personally recommend for the best results. Either way, feel free to change them!
By looking at the indicator, you can also establish the trend that may follow in the candles to come.
Typically, an indicator reading of over 70 is considered overbought, and an indicator reading of under 30 is considered oversold.
The calculations for the SWRSI and its signals take into account a multitude of exponential moving averages, a Stochastic RSI and a classic RSI, among other things.
There are 2 types of signals provided by the indicator, being strong and weak. You do not have to follow these, and they aren't always accurate (it's impossible to be accurate 100% of the time), however, they can give a good idea of the trend that will ensue.
Strong buy signals are created when:
SWRSI is under 30
SWRSI is over the EMA (default 2) of the SWRSI
Short EMA (default 20) is under the long EMA (default 50)
Strong sell signals are created when:
SWRSI is over 70
SWRSI is under the EMA (default 2) of the SWRSI
Short EMA (default 20) is over the long EMA (default 50)
Weak buy and sell signals are printed as green and red background highlights, and operate the same as the strong buy and sells, without the short/long EMA criterion. Both of these signal types can be toggled off using the settings if you do not want to see them.
Enjoy!
Simple RSI tableThis is a simple RSI table for traders that don't want the graph, only the current value.
Location, thresholds, and colors are all adjustable.
JCipher Stochastic RSI Crossover AlertsCustom indicator to plot the stochastic RSI and print a highlighting bar to indicate when the fast signal curve crosses the slower one from underneath (crossover), to indicate a bullish trend change.
Ehlers Modified Relative Strength Index [CC]The Modified Relative Strength Index was created by John Ehlers (Cycle Analytics For Traders pgs 87-88) and this is a typical RSI that uses his roofing filter as the input. He smooths it with his own super smoother filter to provide signals. This indicator is extremely reactive and works in cycles so keep that in mind. I haven't been able to come up with clear buy and sell signals at this point so let me know if you any suggestions but I'm publishing the code to complete my goal of publishing all of his work one day. I will be publishing a bunch of Ehlers scripts in the next few weeks so stay tuned. What I recommend for buy and sell signals at this point are to buy when the indicator goes below the oversold line and starts going up and sell when the indicator goes below the oversold line a second time. Vice versa for sell signals.
Let me know if there are any other scripts you would like to see me publish!
[EG] Fib RSIExtrapolated Fibonacci MA (FMA) into an RSI
i.e. FMA(up) and FMA(dn) of lengths 2, 3, 5, 8, 13, 21, 34, 55, 89 etc. averaged into RSI values.
Keep in mind it does not use 'Length' - it uses 'Interval' - how many fib intervals to include in the RSI calculation.
I threw in Ehler's Smoothing as well - seems to work quite well, thanks to TV Community for inspiration and code to look at for help
(Standard RSI included for comparison)
Pot SizeA little FREE script - which may help people set their trade size and stop levels for bitcoin trades.
NOTE :- This script conveys information that requires "indicator arguments" to be turned on.
TO USE :- To adjust to your requirements, click the cog wheel next to the indicator, and adjust "POT SIZE" (how much dollar you have), "RISK %" (the percentage of your dollar portfolio you would like to risk on this trade) and "BITCOIN AMOUNT" - until the short and long 'stop' lines are in the right place in your estimation, for a stop loss that represents the risk you want in relation to the current price for this trade.
The script takes its reference from the closing price; and doesn't include calculations for spread, fees, true range, and volatility etc. That is left open for anyone to add that if they wish. Anyone using this has to make their own adjustments for such considerations not being in this script and therefore make their own compensations.
Anyone wanting to change anything (because values don't go far enough for you) but doesn't know pinescript, can change the numbers next to "defval", "minval", "maxval", and "step" to their suiting in the script itself.
If you use this, you have to work out for yourself if it is useful for you or not. If you depend on it, you must have your own confidence that the calculations in it are acceptable and correct for your use, and you should check yourself and seek advice before trusting it. I convey no confidence in these calculations or this script, and they must be assumed to be acceptable by you if you use it.
Thanks
M
RSING Indicator [CC]The RSING indicator was created by Alon Horesh (Stocks & Commodities March 2021 pg 11) and this aims to be a better version of rsi that adapts to volume as well as a focus on overall strength. This is trying to fix the issues with the traditional RSI with a lack of volume and the issue where you could have the indicator stay in overbought or oversold territory but the upward or downward momentum continues. This indicator takes ratios of the current volume to it's moving average, the overall momentum of the stock, and the current range in comparison to the std deviation of it's past range and multiplies them all together to create this new indicator. I smooth it with a moving average for easier to read buy and sell signals. I have included strong buy and sell signals as darker colors and normal buy and sell signals as lighter colors. Buy when the line turns green and sell when it turns red.
Let me know if there are any other indicators you would like to see me publish!
HYE Combo Market [Indicator] (Vwap Mean Reversion+Trend Hunter)Indicator version of the strategy:
* Alerts added.
TIPS AND WARNINGS
1-) The standard settings of this combo script is designed and tested with daily timeframe. For lower timeframes, you should change the indicator settings and find the best value for yourself.
2-) Only the mean vwap line is displayed on the graph. For a detailed view, you can delete the "//" marks from the plot codes in the script code.
3-) This is an indicator for educational and experimental purposes. It cannot be considered as investment advice. You should be careful and make your own risk assessment when opening real market trades using this indicator.
Relative Strength 3D Indicator [CC]This is a custom indicator of mine loosely based on the work by James Garofallou (Stocks and Commodities Sep 2020 pg 14) and this is meant for medium to long term trend confirmations. The idea behind this indicator is to capture 3 different dimensions of trend strength. The first dimension captures the overall strength of the underlying stock vs the market (in this case the S&P 500). The second dimension captures the overall trend strength by assigning a scoring system so when all faster moving averages are stronger than slower moving averages then it gets the max points. The final dimension is the strength of the overall strength of everything so far. Buy when the indicator line turns green and sell when it turns red.
Let me know if there are any other indicators or scripts you would like to see me publish!
Inverse Fisher Transform on RSI for backtest w/alertsThis version of the Inverse Fisher Transform on RSI comes with support for
1) Backtesting with Gavin's backtest script
2) Bypass, you can use another indicator to pause buy signals from this indicator. Just create another indicator that plots "1" whenever you want to activate the bypass on the IFTRSI signal.
3) Independent buy and sell level thresholds. Some tokens perform better with a higher sell level, even levels as high as 0.996, sometimes the buy level can also be relaxed to even 0.6 and get incredible results on the 5 minute chart.
4) alerts for Buy and Sell signals
Make sure you add Gavin's backtest and select external signal and this indicator as the source.
Multi-TimeFrame SignalsI trade binary options on reversals. I use this as a confluence to prove that my analysis is correct. I use this on smaller time frames given the type of trading I do.
I do not use this as an entry trigger, so you should not blindly enter trades based on this solely . You were warned
This indicator (on default settings) will let you know when the 1 minute, 3 minute, and 5 minute timeframes RSI & Stochastics are all in an overbought or oversold state. It shows this by changing the background color on your chart to red (overbought) or green (oversold).
All of these settings are changeable. #winning
I left this as open-source as I figured out how to code this by using other open-source scripts as reference. I am a programmer that uses other languages.
I only published this script as a request from a close friend.
Linear Regression & RSI Multi-Function Screener with Table-LabelHi fellow traders..
Happy to share a Linear Regression & RSI Multi-Function Custom Screener with Table-Labels...
The Screener scans for Linear Regression 2-SD Breakouts and RSI OB/OS levels for the coded tickers and gives Summary alerts
Uses Tables (dynamica resizing) for the scanner output instead of standard labels!
This Screener cum indicator collection has two distinct objectives..
1. Attempt re-entry into trending trades.
2. Attempt Counter trend trades using linear regression , RSI and Zigzag.
Briefly about the Screener functions..
a. It uses TABLES as Labels a FIRST for any Screener on TV.
b. Tables dynamically resize based on criteria..
c. Alerts for breakouts of the UPPER and the LOWER regression channels.(2 SD)
d. In addition to LinReg it also Screens RSI for OB/OS levels so a multifunction Screener.
e. Of course has the standard summary Alerts and programmable format for Custom functions.
f. Uses only the inbuilt Auto Fib and Lin Reg code for the screener.(No proprietary stuff)
g. The auto Zigzag code is derived(Auto fib).
Question what are all these doing in a single screener ??
ZigZag is very useful in determining Trend Up or Down from one Pivot to another.
So Once you have a firm view of the Current Trend for your chosen timeframe and ticker…
We can consider few possible trading scenarios..
a. Re-entry in an Up Trend - Combination of OS Rsi And a Lower Channel breach followed by a re-entry back into the regression channel CAN be used as an effective re-entry.
b. Similarily one can join a Down Trend on OB Rsi and Upper Channel line breach followed by re-entry into the regression channel.
If ZigZag signals a range-bound market, bound within channel lines then the Upper breakout can be used to Sell and vice-versa!
In short many possibilities for using these functions together with Scanner and Alerts.
This facilitates timely PROFITABLE Trending and Counter trend opportunities across multiple tickers.
You must give a thorough READ to the various available tutorials on ZigZag / Regression and Fib retracements before attempting counter trend trades using these tools!!
A small TIP – Markets are sideways or consolidating 70% of the time!!
Acknowledgements: - Thanks a lot DGTRD for the Auto ZigZag code and also for the eagerness to help wherever possible..Respect!!
Disclaimer: The Alerts and Screener are just few tools among many and not any kind of Buy/Sell recommendations. Unless you have sufficient trading experience please consult a Financial advisor before investing real money.
*The alerts are set for crossovers however for viewing tickers trading above or below the channel use code in line 343 and 344 after setting up the Alerts!
** RSI alerts are disabled by default to avoid clutter, but if needed one can activate code lines 441,442,444 and 445
Wish you all, Happy Profitable Trading!
3CCI & 3RSI for botsThis script is for trading grid bots. Only CCI and RSI are used, but there are three different timeframes available for each. When using it, you must select a chart with a period equal to or less than the minimum in the indicator settings. For example, the following periods are selected in the settings: 1 hour, 15 minutes, 5 minutes, so we use a 5-minute chart. A buy or sell signal will be received if the settings of all 6 indicators match. The default settings do not carry any information, use your own. The code is quite simple and may be of interest to a beginner like me.
RSI+ChannelbandsThis Indicator displays a normal RSI with overbought/-sold lines which is calculated with donchian channels, pivot channel, bollinger bands and three horizontal lines.
You can averaged the channels, bands and h-lines in any combination or you can use just one of them for calculating the overbought/-sold lines.
The midline is colored in default settings in yellow for upptrending and blue for downtrending.
Ehlers Adaptive Relative Strength Index V1 [CC]The Adaptive Relative Strength Index was created by John Ehlers and this is his first version. I will of course publish his updated version at a later date along with publishing the final script from Jim Sloman's Ocean Theory book. I have changed his script to include extra smoothing to provide clear buy and sell signals. This is a version of a RSI that is very adaptive to changes by finding the length of the current cycle and using that to calculate the rsi and I use this same basic process to provide extra smoothing. A great strategy of course is to buy right after the indicator goes from below the oversold level to right above it and stay in until the indicator turns red or when it reaches the overbought level. I have included strong buy and sell signals in addition to normal ones and the darker colors mean strong signals and lighter colors are normal signals.
Let me know what other indicators you would like to see me publish!
RSI-VA modified RSI script with a a slight modified net volume formula
red is bearish
green is bullish
just attempt to make the RSI more easy and better to use
best entry is when green bellow 30
and vice versa when red start to cross down the 70