Adapted RSI w/ Multi-Crypto Regime Detection v1.1

vor 15 Stunden

Description:
This adapted RSI (Relative Strength Index) indicator combines multi-timeframe analysis with multi-cryptocurrency monitoring, offering traders a comprehensive view of market conditions across different assets and time horizons.

Key Features:

• Multi-Timeframe Analysis: Monitors Daily, Weekly, and Monthly RSI values simultaneously
  
• Multi-Crypto Tracking: Compare RSI readings across 4 different cryptocurrencies (this can be increased if requested)
  
• Regime Detection: Automatically identifies market regimes (Bullish/Bearish)
  
• Smart Signal Generation: Provides trading signals based on customizable RSI levels
  
• Dynamic Color Coding: Visual color indicators for different market conditions
  
• Dual Table Display: Separate tables for timeframe analysis and comparison between tickers
  

Customisation

1. RSI Settings: Adjustable length and overbought/oversold levels
   
2. Crypto Selection: Choose any 4 cryptocurrency pairs to monitor
   
3. Visual Settings: Customize colors, line styles, and table positions
   
4. Table Display: Flexible positioning and formatting options
   

Regime Detection:

Strong Buy: RSI below 15
Buy: RSI below 30
Neutral: RSI between 30-70
Sell: RSI above 70
Strong Sell: RSI above 85

Perfect for traders who want to:

1. Monitor multiple cryptocurrencies simultaneously
   
2. Analyze market conditions across different timeframes
   
3. Identify potential trend changes and market regimes
   
4. Get clear trading signals based on RSI levels
   
5. Compare market strength across different crypto assets
   

The indicator helps identify potential entry and exit points while providing a broader market context through its multi-timeframe and multi-crypto RSI analysis.

Coming soon...

1. RSI Divergence plotting