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...
This indicator was originally developed by Tushar S. Chande and Stanley Kroll. They described it in their book The New Technical Trader (1994).
The period for DMI calculation depends on the market volatility. DMI uses a longer period as volatility decreases and a shorter period as volatility increases, making it more responsive to changing prices than RSI which...
This Indicator based on RSI Divergence with Overbought and oversold signals.
All tops and bottoms calculated with Moving Average Crosses and combines with RSI signals.
Best working Timeframe is H4 on current settings, you can modify values to find best for you.
Current settings best for BTC trading.
At the beginning it can confuse you to understand but you will...
The indicator discovers profitable patterns by associating Price Season of multiple time frames.
Full Name: 9 Seasons Rainbow - Multiple Time Frames Associated Price Wave Pattern Indicator
This is redefined from “9 Seasons Rainbow Indicator STANDARD”, with clearer definition of 9 Seasons and user manual.
Version: Invite-Only Standard
An overhaul to classical RSI
First version have 12 lag types to chose from, extreme conditions are highlighted with horizontal bands to be more intuitive.
Dynamics and signals vastly depend on filter used.
Main signals for current modes variate from self explanatory oscillators color change while moving out of extreme condition zone (overbought/oversold) to a...
Market is full of life, with seasons.
9 Seasons Rainbow Indicator displays 9 seasons of any trading instrument in multiple time frames, helping traders and investors understand the flow of price.
The combination of seasons in different time dimensions may give perfect trading signals, for instance: overbought in both small time frame and big time frame has high...
By member request I have provided this enhanced relative strength index (RSI), free to use for all, far surpassing the built-in RSI capabilities. The features list includes enable/disable dark background for enhanced visibility, dashed line zero mean of 50, adjustable RSI period, upper threshold adjustment, lower threshold adjustment, area highlighting of the...
🚀Ehler's RocketRSI by Cryptorhythms
This indicator does require some tinkering in cases to line up the waveforms. Here on the 4Hr I have used an RSI LB of 14 and SSF LB of 10.
Personally I find its better at picking short entries when the indicator is topping out. For bottoms it a bit less effective.
I do not use this indicator by itself, but rather as...
Aggregates 4 indicators with inputs you can specify for overbought / oversold levels. Adds up the signals and you can specify a minimum threshold to signal overbought or oversold. Works for stocks and crypto.
If there is only one TradingView indicator you ever buy for trading forex – this has to be it.
Your success as a forex trader depends on being able to identify when a currency or currency pair is oversold or overbought. If it is strong or weak. It is this concept which lies at the heart of forex trading. Without the Quantum Currency Strength indicator, it’s...
This indicator Scans for Divergence and Hammer and inverted Hammer and doji
after the first oversold spike must come with divergence a doji or a hammer is armed depending on the time frame
is the capitulation candle that is collected
u can then buy or sell
🆓 Smoothed Chande Trend Score w/ Signal Line by Cryptorhythms
👀Did not see this one in the public library yet, so here you go! I added an ema signal line that you can configure the length on. Also dressed it up a little with OB/OS zones and some purdy colors.
Here are long + short charts:
👍Enjoying this indicator or...
🥢 Crypto-Sticks™ Williams %R
A new series of indicators brought to you by Cryptorthyhms...giving you an alternate look at your trusted favorites! Follow me, there are still 2 dozen Crypto-Sticks indicators planned - all will be released in public library.
🚀 Indicator Specific Info
New in this indicator is an EMA of the average signal line output. Eventually...
🥢 Crypto-Sticks™ True Strength Index
A new series of indicators brought to you by Cryptorthyhms...giving you an alternate look at your trusted favorites!
🚀 Indicator Specific Info
Signal Line can be configured in options, but I personally prefer heiken candles to the signal line.
⛔Please remember that you may have to adjust the overbought and oversold...