OPEN-SOURCE SCRIPT
Composite RSI
Aktualisiert
One issue with the famouse RSI indicator is that it is too sensitive in some cases and thus, might give false signals if we are eager to use those signals.
If we increase the length of the RSI, it might give too few signals which is not ideal as well.
This Composite RSI indicator was created to utilize the RSI strength, using 3 RSIs (with different length) in combination to give less signal than the original one.
You can use it like a normal RSI indicator:
- Try to find the entry when the RSI is in the overbought (RSI >= 70) and oversold (RSI <= 30) areas
- Use bullish divergence and bearish divergence on the RSI itself to signal your trade
In the example chart, I included a built-in RSI as well so you that you can compare the original one and the Composite RSI indicator.
Some extra features:
- Simple bullish and bearish divergences detection.
- Mark the RSI with green circle(s) when it is extremely overbought (over 80) and oversold (under 20)
If we increase the length of the RSI, it might give too few signals which is not ideal as well.
This Composite RSI indicator was created to utilize the RSI strength, using 3 RSIs (with different length) in combination to give less signal than the original one.
You can use it like a normal RSI indicator:
- Try to find the entry when the RSI is in the overbought (RSI >= 70) and oversold (RSI <= 30) areas
- Use bullish divergence and bearish divergence on the RSI itself to signal your trade
In the example chart, I included a built-in RSI as well so you that you can compare the original one and the Composite RSI indicator.
Some extra features:
- Simple bullish and bearish divergences detection.
- Mark the RSI with green circle(s) when it is extremely overbought (over 80) and oversold (under 20)
Versionshinweise
Update chart.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
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.