Description Ribbon RSI is the base on of the original RSI. In RSI (dark color) and RSI-base MA (light color), we added short (12-day) and long (26-day) periods to show these crossovers, including crossovers between the RSI and the RSI-base MA, We've also added a trend period (50-day) RSI section that shows this section in the background. And because Stochastic...
In this script you can find multiple strategies to optimize your trading. Here you have multiple RSI Strategies in only one indicator. The tool tips are self explenatory, so you don't have to worry to kon how to work with it. I hope you enjoy it, and don't forget to like the script, so I can get supported to continue to work on more indicators. :) Have fun :D
Declutter your charts. Simple indicator combining trend and momentum using Moving Average (currently default to 9-day EMA) and RSI (default length of 8). A long signal is generated when the price closes above the moving average and the moving average color turns red to green which indicated that the momentum measured using RSI is greater than 50. A short signal is...
Below is a simple screener script fitted with 5 different symbols in the first column and in the other 4 columns the screener displays the respective moving averages and the RSI, the user has the ability to change between timeframes and different moving averages such as the SMA, EMA, RMA and WMA .
WRSI uses 3 different user defined time frames with user defined weight on each time frame to give a final RSI value Default values: RSI 1 = 5 minute timeframe with a weightage of 9:14 RSI 2 = 15 minute timeframe with a weightage of 4:14 RSI 1 = 60 minute timeframe with a weightage of 1:14 Works best on a 15 min chart. Please note this indicator will show...
Building onto the standard RSI indicator, with the following modification and improvements: - Added signals for RSI moving average crossovers, which usually indicator a bull or bear trend - Added option to use smoothed RSI line - Added alert for crossover signals Enjoy~~~!
It's a pretty simple example of a nice custom screener you can run for multiple timeframes. This is an RSI screener, but you can easily change the function for your own Indicator. Screener displays: Last value of the instrument RSI value for up to 10 instruments / 4 timeframes. In Parameters you can change: 4 timeframes 10 instruments ...
Preface: I'm just the bartender serving today's freshly blended concoction; I'd like to send a massive THANK YOU to @iFuSiiOnzZ, @Koalafied_3, @LonesomeTheBlue, @LazyBear, @dgtrd and the rest of the PineWizards for the locally-sourced ingredients. I am simply a code editor, not a code author. The book that inspired this indicator is a free download, plus all of...
This is one of the best strategies that can be used to get familiar with technical indicators and start to include them in your trading bot rules. ENTRY 1. This trading system uses the RSI ( Relative Strength Index ) to anticipate good points to enter positions. RSI is a technical indicator frequently used in trading. It works by measuring the speed and change...
The most common way to use the RSI to spot a good buy opportunity is to check for values lower than 30. Unfortunately, the RSI can remain in oversold territory for long periods, and that could leave you trapped in a trade in loss. It would be appropriate to wait for a confirmation of the trend reversal. In the example above I use a short-term Moving Average (in...
This indicator combines the divergence of rsi and macd and displays it on the candlestick chart. RSI: 1. When rsi is at a high point, once it falls by 1 k line, it will detect the divergence from the previous high point. This can quickly find the divergence that has taken effect and help you quickly capture the trend before a sharp decline or rise. The difference...
Hi This is a standard RSI indicator. It changes the background color to green if the RSI reading is greater than the RSI bullish value and it changes to red if the RSI is below the RSI bearish value. It will turn black for values between RSI bullish value and RSI bearish value. You can tweak it to your liking, for example if you'd like to detect long only...
This indicator has a fast RSI (RSI 5). Slower RSI (RSI 9) and a smoothened RSI14 EMA. When both RSI5 and RSI9 are above the RSI14 EMA, then the trend is bullish. When both RSI5 and RSI9 are below the RSI14 EMA, then the trend is bearish. This indicator also shows you the trend in upto 6 time frames! This MTF analysis gives you the conviction to take or skip the...
This script is based off of Chris Moody's Vix Fix Indicator modified by OskarGallard and BigBitsIO's Stochastic Weights. This script is a compilation of several different stochastic indicators (and RSI ) where the K value of each indicator is equally weighted. The purpose of the indicator is to combine many indicators together in a fashion that weights them...
Heavily modified from Z Score by jwammo12 Compares the z-score of two assets, the onscreen one and the reference one configured. If you're familiar, you can think of it as Bollinger Band Percent of Onscreen Asset minus the Bollinger Band Percent of Reference Asset. It's compared off a simple moving average, due to how standard deviation is calculated. I view...
Hello traders, This is a pretty simple script. It gives a background directional bias color respective to RSI levels from input thresholds in the settings. Users can choose the upper and lower thresholds and the symbol that the RSI is from. For example, by default, the upper threshold is 52 and the lower 48. If Bitcoins RSi is above 52, the background color will...
This is a combination of indicators used to find oversold and overbought entry points for possible reversion. A Green arrow will appear when all condition are met for an ENTER LONG position. A Red arow will appear when all condition are met for an ENTER SHORT position. You can modify all of these condition parameters from the indicator's settings. How does...
This indicator is based on Smart Money MCDX (Pine editor @v4) Indicator built for cryptocurrencies. Best for day trading. The coin seems overbought but still pump? Check this indicator This indicator help you see when institutional buyer enter/exit trade and is a good combination with RSI + Stochastic RSI . This indicator focus on buying activity by big...