hi BTChes,
green is when the price drops below the 100 day MA
red is the intensity of the 14 day RSI
BUY @ green
SELL @ the second or third RSI spike
most importantly, keep in mind fundamentals :)
-joie
After years studying stochastics, here is the real deal
Stochastics comfirmation with very high probability setups
Green dots = it's time to consider stochastic signal of Buying
Red dots = it's time to consider stochastic signal of Selling
No dots = ignore stochastics signal
The formula for dots is really top secret
It works best on 1D timeframe
You...
This will provide you with better bar colors to help you determine the trend of the market.
Teal = Bullish
Red = Bearish
Yellow = Undecided
In the chart settings you have two moving averages, this is used when outputting the bar colors.
The way it works is simple. It checks to see if the current price is above both of the moving averages defined in the...
Permite identificar puntos pivote diario, semanal y mensual e implementa la estrategia de Day of Reversal con RSI para identificar puntos de inflexión (compra o venta) en los instrumentos.
Magic Circles indicator uses an ATR based trend indicator in conjunction with a Parabolic SAR indicator for creating signals. Blue is neutral. Green is buy and red is sell. A hollow green circle followed by a regular green indicates a strong buy while a hollow red circle followed by a regular red one indicates a strong sell signal. This version gives you the...
Using Modified code from Lazybear's CVI 0.17% indicator and some logic, this script can help identify value buy and sell opportunities at a very early phase. Best used as a confirmation tool. This is a beta, so use it as such. Enjoy.
Sometimes "top" indications in an uptrend mean to look for an opportunity to add to position while "bottom" indications during a...
Thanks for your feedback in regard to the Magic Circles indicator. As a common question, Magic Circles indicator uses an ATR based trend indicator in conjunction with a Parabolic SAR indicator for creating signals. Blue is neutral. Green is buy and red is sell. A hollow green circle followed by a regular green indicates a strong buy while a hollow red circle...
Magic Circles give buy and sell signals. Works best at trending markets. When using lower time frames, it is beneficial to confirm the signals with a 4H chart.
RSI DIVERGENCE is a difference between a fast and a slow RSI. Default values are 5 for the fast one and 14 for the slow one.
You can use this indicator in 2 different ways:
normal RSI : check double or triple top/bottom on a chart meanwhile RSI is descending/ascending (check the example on chart)
signal line : when RSI Divergence cross zero line from...
Hey everyone, this is one strategy that I have found profitable over time. It is a multiple time frame strategy that utilizes 3 time-frames. Highest time-frame is the trend, medium time-frame is the momentum and short time-frame is the entry point.
Long Term:
- If closed candle is above entry then we are looking for longs, otherwise we are looking for shorts
...
This script will give you red or green columns as an indication for oversold/overbought based upon the rsi and stochastic both being at extreme levels (you set). The default oversold is at 35. If Stochastic and RSI fall below 35, you will get a green column (Both indicators at the extreme). Play with your levels to see how your stock reacts. RSI and Stochastic...
![EURUSD: [STRATEGY][RS]MicuRobert EMA cross V2](https://s3.tradingview.com/6/6YthKHw1_mid.png "[STRATEGY][RS]MicuRobert EMA cross V2")
