RSI extremes + Nasdaq 100 +Crossover of moving averages

22. Sept.

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. Okt.

Versionshinweise

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

4. Okt.

Versionshinweise

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. Okt.

Versionshinweise

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

vor 7 Tagen

Versionshinweise

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.

vor 3 Tagen

Versionshinweise

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