This is the strategy where we buy when RSI is above 51 line and sell below 49 line Ability to change RSI TF Ability to change default value of RSI/upline/lowline/oversold/overbought lines Ability to switch show/hide backgrount color Ability to switch on/off candle colors when RSI crosses up/upline down/lowline Ability to plot B/S signals when RSI crosses...
This is a custom indicator of mine that uses the volume weighted average price instead of the close price as the source for calculations of the relative strength index. Buy when the indicator line is green and sell when it is red. This was a custom request so let me know if there are any other scripts you would like to see me do or if you want something custom done!
It isn't easy to determine if the price of a stock is about to break out. Here’s one way you can determine the relative strength of a breakout, enabling you to act early and realize higher profits. This indicator was originally developed by Howard Wang Stocks & Commodities V. 33:09 (60–62)
Hey! RSI ADX best indikator! The logic is pretty simple: value > 20: Oversold, next price action will follow that bullish trend, BUY signal is generated value > 70: Overbought, next price action will follow that bearish trend, SELL signal is generated If you have sny doubt just comment!
Really good performance of Simple RSI Strategy for Nike (NKE) 5m chart. Params: RSI Length: 30, RSI OverSold level: 45, RSI OverBought Level: 60 Performance:57% profit, 112 trades, 73% prof, 6.7% dd, 1.36 sharpe. And remember: Past performance does not guarantee future results.
Started to play with very simple strategies. Trying to find ones with optimal parameters which work well for certain symbols/timeframe. Found that basic RSI strategy without any position management with high RSI length (65 in this script) works pretty good for 1m chart for few stocks. It's also not bad for AAPL , SPY . It might not work very good on it's not...
Simple indicator when RSI goes above 75 or below 25. It gives signal at next proper candle.
QuantRsi is a Relative Strength Indicator designed to improve on RSI's divergence confirmation. QuantRsi also functions as an entirely new type of range-bound oscillator, enabling "Hybrid TA" - the study and use of drawing tools on candles painted by the indicator. QuantRsi paints full OHLC candles by default - displaying the full range of each candle's movement....
This oscillator basically is three in one oscillator with every overbought/oversold condition on different levels being illuminated/highlighted in the oscillator background for ease of spotting potential trade opportunity . Oscillators involved :- 1. RSI (Relative Strength Index) 2. StochRSI (Stocahstic Relative Strength Index) 3. MFI (Money Flow Index) Tip...
Lo and behold, this is the Zero_n0ncense RSI Filter. This filter is designed to be plugged in as a regular RSI(14), but it provides buy and sell signals as well. There isn't much more to this indicator than that. If extra documentation is requested by the community, I'll be more than happy to provide such. Otherwise, this indicator is pretty straightforward in...
Followers, this RSI is for you! RSI Strap uses a normal Relative Strength Index (RSI) to determine what price level is in the over-bought or over-sold range. This minimalist overlay improves the technical trading experience as indicators take up a lot of space and leave your chart area cluttered. Change the RSI length, as well as the overbought and oversold...
This Indicator shows you the strength of the Currency in comparison for all other Main Currencys at the timeframe you choose. The Currencys in this Indicator is: EUR, USD, GBP, CHF, AUD, CAD, JPY The Base is the RSI (relative strength Indicator) with the following Currency pairs: eurusd, eurgbp, euraud, eurjpy, eurcad, eurchf usdeur, usdgbp, usdaud, usdjpy,...
This strategy uses the RSI indicator together with the Bollinger Bands to sell when the price is above the upper Bollinger Band (and to buy when this value is below the lower band). This simple strategy only triggers when both the RSI and the Bollinger Band indicators are at the same time in a overbought or oversold condition.
RSI Cross by AP create by 2 MA of RSI - When ShortRSI > LongRSI, this is an uptrend. - When ShortRSI < LongRSI, this is a downtrend.