This RSI indicator is one of my favorite indicators. This powerful indicator is implemented by Phi-Deltalytics. I modified the drawing so that it is easier (at least for me) to see the signals and trends (it would not matter if you're doing algorithmic trading).
Trends and signals. For detailed instructions and tutorial see Phi-Deltalytics page
I created the divergence indicator using pivot points.
Leftbars and Rightbars of Pivots are the same here and taken together as "Div Period", default set as 2 (= "Short" period).
The second period ("Long") multiplies this by 2, if a period of 2 is set, the "Long" period will be 4.
The third period ("Long2") multiplies the "Long" by 2, in this case the "Long2"...
The "AC-P" version of Jaggedsoft's RSX Divergence and Everget's RSX script is my personal customized version of RSX with the following additions and modifications:
LSMA-D line that averages in three LSMA components to form a composite, the LSMA-D line. Offset for the LSMA-D line is set to -2 to offset latency from averaging togther the LSMA components to form...
This function is similar to the stochastic rsi function.
The only difference is that Money Flow Index is used instead of rsi.
Oversold and overbought values were changed to 80 and 20.
Because the MFI's overbought and overbought zones are 20 and 80.
In MFI, I think that it can be more beneficial in liquid markets than stochastic rsi since volume is taken into...
Application of concepts from Constance Brown "Technical Analysis for Trading Professionals", specifically: Chapter 7: Price Projections By Reverse Engineering Indicators , and Chapter 8: Price Objectives Derived From Positive and Negative Reversals In The RSI .
Specifically: I wanted to see if better Exit signals for the RSI could be generated from a basic...
Description:
3 Lines are Stochastic RSI's, strongest move is when all crosses and moves to one direction (from top or bottom).
Orange is original Stochastic of the timeline. (Live movement of price).
Green is original Stoch x 6. (Short term movement).
Red is original Stoch x27 (Long term price movement).
Transparent columns are ADX signal.
Higher the mountain,...
I wanted to create an indicator which resembles price movement, aside to volume movement.
MARSI (= MA RSI(close)) = "yellow-blue" line which is the MA(5) of the RSI (9) of closing price.
VRSI (= MA RSI(Volume)) = "orange" line which is the MA(5) of the RSI (9) of Volume .
(Default plot of RSI and VRSI is not visible but can be made visible ("Settings" > "Style"...
I wanted to create an indicator which resembles price movement, aside to volume movement.
MARSI (= MA RSI(close)) = "yellow-blue" line which is the MA(5) of the RSI (9) of closing price.
VRSI (= MA RSI(Volume)) = "orange" line which is the MA(5) of the RSI (9) of Volume .
(Default plot of RSI and VRSI is not visible but can be made visible ("Settings" > "Style"...
This RSI has a very clear idea about when to buy and sell. It plots buy and sell signals. It is an expert system. Yes, of course, it can make some errors. You should have used stop-loss
Hello , this script is trained with eurusd 4-hour data. (550 columns) Details :
Learning cycles: 8327
AutoSave cycles: 100
Training error: 0.005500 ( That's a very good error coefficient.)
Input columns: 19
Output columns: 1
Excluded columns: 0
Training example rows: 550
Validating example rows: 0
Querying example rows: 0
Excluded example rows: 0
Duplicated...
Last year, I saw someone using the candle innovation called "RSI Candle" or "RSIC". so let me have the idea of making RSIB. the Candlestick was Steve Nison in the 1990s. He introduced the concept from Japan to America and published it in the book "Candlestick Course". Welles Wilder is the creator of the relative strength index. after several years of commodity...
Introduction
I recently derived the calculation of the relative strength index, an indicator that aim to spot overbought and oversold assets, but what is an overbought/sold asset ? Can such things be estimated with price alone ?
This why i propose a modification of the relative strength using my recently proposed efficient calculation including volume...
These are alerts for previously published strategy:
This strategy joins the Pivot Reversal strategy with the RSI indicator.
We check RSI level at the pivot point level and only if RSI condition is satisfied we update levels for stop orders.
Script contains couple momentum oscillators all in one pane
List of indicators:
RSI
Stochastic RSI
MACD
CCI
WaveTrend by LazyBear
MFI
Default active indicators are RSI and Stochastic RSI
Other indicators are disabled by default
RSI, StochRSI and MFI are modified to be bounded to range from 100 to -100. That's why overbought is 40 and 60 instead 70 and...
![BNBBTC: RSI with Moving Averages[UO]](https://s3.tradingview.com/r/R8ByYRUS_mid.png "RSI with Moving Averages[UO]")
![BTCUSD: RSX-D [ID: AC-P]](https://s3.tradingview.com/o/o4zx8PNC_mid.png "RSX-D [ID: AC-P]")
![NATGASUSD: [LunaOwl] RSI 美國線 (RSI Bar, RSIB)](https://s3.tradingview.com/4/4x0kxWpP_mid.png "[LunaOwl] RSI 美國線 (RSI Bar, RSIB)")
