RSI extremes + Nasdaq 100 +Crossover of moving averages

22 сент.

In this indicator, we integrate four main features.

1. Oversold and overbought price signals, based on the 1-minute RSI extremes, marked on the chart with a yellow triangle.
2. Combination of oversold and overbought signals in the stock price and its index (only applicable to Nasdaq 100 symbols). Marked on the chart with a green triangle for oversold and a red triangle for overbought.
3. Use of four moving averages for early trend detection: EMA 10, 20, and 45 - SMA 200.
4. Crossover of moving averages in order 10, 20, and 45. On the upside, a green cross appears; on the downside, an orange cross appears.

Combine this indicator with "RSI (1 and 5m) + divergences and rsiNDX 1m [david3palacios]" to check the signals and you will have a scalping strategy for reversals and trend following in NASDAQ 100 stocks.

2 окт.

Информация о релизе

Now the white triangles at the ends indicate that the moving average is closer than configured.

4 окт.

Информация о релизе

v.2.2 I've added a label with the % distance between the overbought or oversold price and the EMA45. You can set the minimum distance to consider for entry; the default is 0.5%, but it depends on the stock's volatility.

7 окт.

Информация о релизе

v.3
IG:NASDAQ (stops working) is changed to NASDAQ:QQQ and lines of minimum and maximum of the day's session are added.

7 окт.

Информация о релизе

V.4, 10/8/2025, Improved extreme signals. An active overbought/sold zone is created with a configurable range of candles on the inputs. The most extreme price is always left.

11 окт.

Информация о релизе

v5. Trend continuation signals are added, with blue triangles, for scalping on 1M timeframes on Nasdaq 100 stocks.
ZAT: Active trend zone

позавчера

Информация о релизе

RSI Extremes + Nasdaq + Averages + Trend

Pullback arrows are added that indicate trend movements and a top-right table that measures the sample in percentage terms of distances between the moving averages, and according to the configuration, the candles that are part of the current trend.

To set up trends with EMAs, choose the % distance between them to validate the trend, the number of confirmation candles when the trend starts, and the number of candles to detect a pullback. You can enable volume confirmation to consider a pullback valid.