OPEN-SOURCE SCRIPT

RSI Convergence Divergence

Aktualisiert
RSI based oscillator inspired by the MACD.

Indicator that consists of two RSI calibrated at different lengths to take advantage of their convergence, divergence, overall direction, overall strength and several other metrics to extract signals from the price action.

This indicator includes:

- Fast RSI
- Slow RSI
- Signal line to identify convergence/divergence
- Simple moving average applied to the average of the two RSI
- DEMA applied to the average of the two RSI
- An average moving average of the SMA and DEMA

Some of the applications of this indicator:

- Simple convergence/divergence signaled by the moving average going above or below zero.
- Crossover between SMA and DEMA
- Combination of convergence/divergence and one of the 3 MAs reaching overbought or oversold threshold
- Average moving average going above or below 50

The combinations of different conditions are countless and limited only by the imagination of the user.

The visualization inputs, besides allowing to choose the candle coloring, give the user the ability to keep the chart clean and only see the signals he is interested into.
Versionshinweise
Added custom thresholds to clean the signals for high volatile assets.
Centered OscillatorsMoving Average Convergence / Divergence (MACD)Relative Strength Index (RSI)

Open-source Skript

Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?

Haftungsausschluss