This study is similar to my Snake study. The differernce is that instead of following a moving average, this "snake" follows a RSI closely looking for the best opportunities to buy/sell.
Dark red triangles at the bottom are buy signals with alerts of BUY ASSET. Dark red triangles to the top are sell signals with alerts of SELL ASSET.
Overbought and oversold are...
today a new Scalper Tool , which works great on 3 minutes and 5 minutes timeframes !
I called it " Super Stochastic RSI ", as it is based on StochRSI and inherits some basic functionality from it.
If you check its settings, you will see that you can have 3 different buy-sell sources (first two are active by default):
STRONG BUY/SELL : buy...
This script is a oscillator that has many features. It is designed to give infrequent but super high quality signals. The basic concept is that when the fast line goes over 1, price is overbought, and when the fast line dips below 0, price is oversold. This is reflected by both the fill color on the oscillator, and by coloring the bars. When the area between the...
This is a special edition of the AEONDRIFT Band that is implemented in my Strategies , which have substantially boosted their profitability.
Squeeze Zone = Increase chance for a big move to happen. I used this to decrease (buy/sell) trading thresholds in my strategy scripts to increase the chances of making a trade.
No Trading Zone = Increase chances...
Visualize on your chart when price in an oversold or overbought zone. A combination of Rsi and Stochasticrsi is used for higher probability. Wait for an zone to be displayed and then wait for price to exit a zone. Once this happens check candlestick patterns and support/resistance "lines" to find appropiate stoplosses for you entry or exit
OBV MACD OSC gives a Buy signal when the OBV value crosses up its EMA and a Sell signal when it crosses down its EMA.
Cross over markers Directional bgcolor, where RED for bearish (S) and GREEN for bullish (B)
If you include volume analyses in your trading strategy, automating OBV MACD OSC will give buy signals whenever volume and price are rising...
In physics, equations of motion are equations that describe the behavior of a physical system in terms of its motion as a function of time.
Kinematics motion is simpler as it concerns only variables derived from the positions of objects, and time. In circumstances of constant acceleration, these simpler equations of motion are usually referred to as the...
Introduction: The MoMo is a TradingView indicator designed to evaluate momentum and give the user signals according to momentum shifts, strength, extensions, traps, and divergence. It’s an all in one oscillator that will make reading price action near term and long term much easier.
Part One: Strength
The MoMo consist of two major parts. A 3-candle...
RSI ADX best indikator!
The logic is pretty simple:
value > 20: Oversold, next price action will follow that bullish trend, BUY signal is generated
value > 70: Overbought, next price action will follow that bearish trend, SELL signal is generated
If you have sny doubt just comment!
This is my custom RSI script, which is basically a normal RSI chart. Except it has build in alerts, based on the RSI strategy indicator, and I like the colors better.
* Buy signal is based on RSI crossunder from overbought to neutral zone
* Sell signal is based on RSI crossover from oversold to neutral zone
Both oversold and overbought can be adjusted. Future...