shaklerner1

RSI in Candlestick MODE

shaklerner1 Aktualisiert   
Description:

The "RSI Bar" indicator is a versatile tool designed to enhance your technical analysis on trading charts. This Pine Script™ code calculates the Relative Strength Index (RSI) for open, close, high, and low prices, and represents the results as bars on the chart. The bars are color-coded based on whether the closing RSI is higher or lower than the opening RSI.

Additionally, the indicator incorporates advanced features such as Pareto analysis and Gaussian smoothing. The Pareto analysis helps identify significant lows and highs in the RSI, providing insights into potential trend reversals. The Gaussian smoothing further refines the analysis, contributing to a more accurate representation of the average RSI trend.

Key Features:

  • RSI calculation for open, close, high, and low prices.
  • Color-coded bars for easy visualization of RSI trends.
  • Pareto analysis to highlight key RSI levels indicating potential reversals.
  • Gaussian smoothing for improved trend analysis and visualization.
  • Heiken-Ashi
Versionshinweise:
+Modified SAR is added to the technical analyse.
Versionshinweise:
+input GUI is updated
Versionshinweise:
  1. Tag for the amount is added.
  2. Track line is Added.
Versionshinweise:
  • Displaying static lines are now migrated to the GUI
  • Banner is added to the indicator, and at the time if the pareto could not be calculated a warning message would be generated.
Versionshinweise:
A suggestion for Sell and Buy depends on the position of Pareto_Low and Pareto_High respect to the T.O (Take-Off) line (publisher experience). I add this feature to the indicator to give a suggestion for buy/sell in the trading. But please consider that it is just an indicator, and indicators could sometimes give you false signals.
Versionshinweise:
New feature:
Observation of 40 Symbol simultaniously, and show the results in tags for Buy/Sell/Changed categories.

Open-source Skript

Ganz im Spirit von TradingView hat der Autor dieses Skripts es als Open-Source veröffentlicht, damit Trader es besser verstehen und überprüfen können. Herzlichen Glückwunsch an den Autor! Sie können es kostenlos verwenden, aber die Wiederverwendung dieses Codes in einer Veröffentlichung unterliegt den Hausregeln. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.

Möchten Sie dieses Skript auf einem Chart verwenden?