SCALPING 5MIN MACD & RSI with EMA20-200X: @IMAN_INJ
1. MACD (Moving Average Convergence Divergence)
Displays as a four-colored histogram.
Lime Green: Bullish momentum increasing.
Green: Bullish momentum decreasing.
Maroon: Bearish momentum increasing.
Red: Bearish momentum decreasing.
A zero line is added for trend confirmation.
2. RSI (Relative Strength Index)
Calculates RSI values based on the closing price.
Detects overbought (above 70) and oversold (below 25) zones.
Signals:
"Buy" appears when RSI crosses above 25 (oversold condition).
"Sell" appears when RSI crosses below 70 (overbought condition).
3. Buy/Sell Signal Placement
Signals are plotted on the MACD histogram to align RSI conditions with MACD momentum.
Green Labels: Indicate "Buy" opportunities.
Red Labels: Indicate "Sell" opportunities.
Relative Strength Index (RSI)
Multi-Indicator: RSI & Moving AveragesMulti-Indicator: RSI & Moving Averages
Multi-Indicator: RSI & Moving Averages
Multi-Indicator: RSI & Moving Averages
Dual Spectrum RSI [CHE]Dual Spectrum RSI Indicator
Introduction
The Dual Spectrum RSI Indicator is an innovative and robust tool designed for traders aiming to enhance their market analysis and trading precision. This script leverages multi-timeframe analysis, advanced RSI configurations, and customizable visualization options to provide actionable insights for both trend-following and contrarian strategies.
Key Features
1. Dynamic Timeframe Selection
- Automatically adapts the resolution based on the current chart's timeframe.
- Options to switch between Auto Timeframe, Multiplier-based Timeframe, or Manual Resolution for complete control.
2. Advanced RSI Calculations
- Dual RSI setup for multi-layered analysis:
- Primary RSI for trend identification on the higher timeframe (HTF).
- Secondary RSI for entry signals with oversold/overbought crossovers on the current chart timeframe.
3. EMA Integration on Higher Timeframe (HTF)
- The Exponential Moving Average (EMA) acts as a robust trend filter, calculated on the Higher Timeframe (HTF).
- This ensures that trade signals align with the broader market trend, providing a strategic edge and reducing noise from lower timeframes.
4. Signal Clarity
- Visual labels for Buy and Sell signals directly on the chart.
- Dynamic stop-loss suggestions that adjust based on EMA crossovers and trend changes.
5. Customizable Visualization
- Gradient fills for overbought/oversold zones provide intuitive visual cues.
- User-friendly inputs for adjusting separator lines, color schemes, and label styles.
6. Comprehensive Data Display
- Real-time updates in an Info Box, showing active timeframe settings and resolution.
- Easy-to-understand trend conditions, making it accessible for both novice and professional traders.
Benefits for Traders
1. Precision in Decision-Making
The multi-timeframe capability ensures that traders always have the broader market context, minimizing false signals and enhancing trade accuracy.
2. Flexibility and Customization
Fully adjustable parameters allow traders to tailor the indicator to their unique trading style, whether scalping, day trading, or swing trading.
3. Enhanced Market Insights
By combining HTF trend filters, RSI dynamics, and EMA thresholds, this indicator provides a holistic view of market conditions.
4. User-Friendly Interface
The clean layout and intuitive options make it easy to integrate this tool into any TradingView setup.
5. Increased Confidence in Trades
With visual aids such as labels, gradients, and a trend-detection mechanism, traders can make decisions with greater confidence and less emotional bias.
Example Use Cases
1. Trend-Following Strategy
- Utilize the HTF EMA filter to confirm bullish or bearish trends.
- Enter trades when the secondary RSI crosses oversold/overbought levels in the direction of the trend.
2. Reversal Strategy
- Identify overextended trends using RSI crossovers.
- Look for counter-trend opportunities with precise stop-loss placements.
3. Scalping Setup
- Switch to intraday timeframes and use the multiplier-based resolution to capture short-term market movements.
How to Use
1. Add the script to your TradingView chart by pasting the provided Pine Script code into the Pine Editor.
2. Adjust the Timeframe Type, RSI parameters, and EMA length to align with your trading goals.
3. Monitor the generated signals and use them in conjunction with your broader trading strategy.
Disclaimer
The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context.
Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved.
By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk.
Conclusion
The Dual Spectrum RSI Indicator is not just another technical tool—it's a comprehensive trading companion that adapts to your needs, simplifies market analysis, and boosts your trading performance. Whether you're a beginner or a seasoned trader, this indicator provides the edge you need to succeed in today's dynamic markets.
Try It Today!
Experience the power of multi-timeframe analysis and take your trading to the next level. Add the Dual Spectrum RSI Indicator to your TradingView arsenal now!
Best regards
Chervolino
Predictive Ranges, SMA, RSI strategyThis strategy combines three powerful technical indicators: Predictive Ranges, Simple Moving Average (SMA), and Relative Strength Index (RSI), to help identify potential market entry and exit points.
Key Features:
Predictive Ranges: The strategy utilizes predictive price levels (such as support and resistance levels) to anticipate potential price movements and possible breakouts. These levels act as critical points for making trading decisions.
SMA (Simple Moving Average): A 200-period SMA is incorporated to determine the overall market trend. The strategy trades in alignment with the direction of the SMA, taking long positions when the price is bellow the SMA and short positions when it is above. This helps ensure the strategy follows the prevailing market trend.
RSI (Relative Strength Index): The strategy uses the RSI (14-period) to gauge whether the market is overbought or oversold. A value above 70 signals that the asset may be overbought, while a value below 30 indicates that it might be oversold. These conditions are used to refine entry and exit points.
Entry & Exit Logic:
Long Entry: The strategy enters a long position when the price crosses above the predictive resistance level (UpLevel1/UpLevel2), and RSI is in the oversold region (below 30), signaling potential upward movement.
Short Entry: The strategy enters a short position when the price crosses below the predictive support level (LowLevel1/LowLevel2), and RSI is in the overbought region (above 70), signaling potential downward movement.
Exit Strategy: The exit levels are determined based on the predictive range levels (e.g., UpLevel1, UpLevel2, LowLevel1, LowLevel2), ensuring that trades are closed at optimal levels. A stop loss and take profit are also applied, based on a user-defined percentage, allowing for automated risk management.
Strategy Advantages:
Trend Following : By using SMA and predictive ranges, this strategy adapts to the prevailing market trend, enhancing its effectiveness in trending conditions.
RSI Filtering : The RSI helps avoid trades in overbought/oversold conditions, refining entry signals and improving the likelihood of success.
Customizable : Traders can adjust parameters such as stop loss, take profit, and predictive range levels, allowing them to tailor the strategy to their preferred risk tolerance and market conditions.
This strategy is designed for traders who prefer a combination of trend-following and mean-reversion techniques, with a focus on predictive market levels and essential momentum indicators to improve trade accuracy.
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Scalping Strategy RSI & ADX### Description: Scalping Strategy Using RSI & ADX
This Pine Script implements a scalping strategy that leverages the Relative Strength Index (RSI) and the Average Directional Index (ADX) to identify short-term trading opportunities. The strategy is designed for traders who aim to profit from quick price movements in highly volatile markets.
#### Key Components:
1. **RSI (Relative Strength Index):**
- RSI is used to identify overbought and oversold conditions in the market.
- If RSI is below the oversold level (default: 30), the script generates a buy signal.
- If RSI is above the overbought level (default: 70), the script generates a sell signal.
2. **ADX (Average Directional Index):**
- ADX measures the strength of a trend.
- The script only triggers buy or sell signals when ADX is above a specified threshold (default: 25), ensuring trades occur only in strong trending markets.
3. **Combined Logic:**
- A buy condition is met when RSI is below the oversold level and ADX indicates a strong trend.
- A sell condition is met when RSI is above the overbought level and ADX indicates a strong trend.
#### Inputs:
- `RSI Length`: Period for RSI calculation (default: 14).
- `RSI Overbought Level`: Threshold for overbought conditions (default: 70).
- `RSI Oversold Level`: Threshold for oversold conditions (default: 30).
- `ADX Length`: Period for ADX calculation (default: 14).
- `ADX Smoothing`: Smoothing factor for ADX (default: 14).
- `ADX Threshold`: Minimum value for ADX to consider a trend strong (default: 25).
#### Visual Signals:
- Green upward arrows indicate buy signals.
- Red downward arrows indicate sell signals.
#### Strategy Execution:
- The script uses `strategy.entry` to open positions based on the defined conditions.
- It plots RSI and ADX values for additional visual confirmation.
#### How to Use:
1. Apply this script to your TradingView chart.
2. Adjust the input parameters to suit your preferred market and timeframe.
3. Backtest the strategy on historical data to assess its performance.
4. Use in live markets with appropriate risk management measures.
This strategy is ideal for traders who prefer a systematic and rule-based approach to scalping. However, always test and validate the strategy before using it with real funds.
GocchiMulti-Indicator: RSI & Moving Averages
This versatile TradingView indicator combines two essential tools for technical analysis—Relative Strength Index (RSI) and Moving Averages (MAs)—into one comprehensive solution. It is designed for traders seeking flexibility, customization, and efficiency in their charting experience.
Features:
Relative Strength Index (RSI):
Customizable RSI length.
Adjustable overbought and oversold levels.
Selectable source input (e.g., close, open, high, low).
Visual levels for overbought and oversold zones, aiding in quick trend and momentum identification.
Three Moving Averages:
Three independently customizable moving averages.
Options for Simple Moving Average (SMA) or Exponential Moving Average (EMA) for each line.
Adjustable lengths for short-, medium-, and long-term trend tracking.
Visual Enhancements:
Clear, color-coded plots for RSI and each moving average.
Overbought and oversold zones are highlighted with horizontal dotted lines.
Alerts:
Get notified when RSI crosses above the overbought level or below the oversold level.
Alerts help traders stay on top of potential market reversals or breakout opportunities.
Use Cases:
RSI Analysis: Spot overbought or oversold conditions to identify potential reversals.
Trend Following: Use moving averages to confirm trends or identify crossovers for potential entry and exit points.
Custom Strategies: Tailor the settings to fit specific trading styles, such as scalping, swing trading, or long-term investing.
This all-in-one indicator streamlines your analysis by reducing the need for multiple overlays, making your charts cleaner and more actionable. Whether you're a novice or an experienced trader, this tool provides the flexibility and insights you need to succeed in any market condition.
Custom ATR + RSI with ColorsHow It Works:
ATR Indicator:
ATR is calculated based on the selected smoothing method (RMA, SMA, or EMA).
The ATR line changes color dynamically based on whether it is above or below the user-defined threshold.
A horizontal dotted line marks the threshold level.
RSI Indicator:
RSI is calculated with the chosen smoothing method (SMA or EMA).
The line changes color dynamically based on its value relative to the four user-defined levels.
Includes a middle line (default: 50) to show the neutral RSI zone, displayed as a dashed line.
Custom Timeframes:
Both ATR and RSI can be configured to use the chart’s current timeframe or any custom interval.
How to Use:
Input Parameters:
Adjust ATR and RSI calculation settings, thresholds, levels, and colors in the input menu.
Visualization:
Observe ATR and RSI together on one chart with distinct colors and levels.
Analysis:
Use this combined indicator to identify volatility (ATR) and momentum (RSI) at the same time.
HMA Profit Manager - V1.9Note : Settings should be adjusted according to the selected time frame. Try to find the best setting according to the profitability rate
Overall Functionality
This script combines several trading tools to create a comprehensive system for trend analysis, trade execution, and performance tracking. Users can identify market trends using specific moving averages and RSI indicators while managing profit and loss levels automatically.
Trend Detection and Trade Signals
Hull Moving Averages (HMA):
Two HMAs (a faster one and a slower one) are used to determine the market trend.
A buy signal is generated when the faster HMA crosses above the slower HMA.
Conversely, a sell signal is triggered when the faster HMA crosses below the slower one.
Visual Feedback:
Trend lines on the chart change color to reflect the trend direction (e.g., green for upward trends and red for downward trends).
Trade Levels and Management
Entry, Take-Profit, and Stop-Loss Levels:
When the trend shifts upwards, the script calculates entry, take-profit, and stop-loss levels based on the opening price.
Similarly, for downward trends, these levels are determined for short trades.
Commission Tracking:
Each trade includes a commission cost, which is factored into net profit and loss calculations.
Dynamic Labels:
Entry, take-profit, and stop-loss levels are visually marked on the chart for easier tracking.
Performance Tracking
Profit and Loss Tracking:
The script keeps a running total of profits, losses, and commissions for both long and short trades.
It also calculates the net profit after all costs are considered.
Performance Table:
A table is displayed on the chart summarizing:
The number of trades.
Total profit and loss for long and short positions.
Commission costs.
Net profit.
Fractal Support and Resistance
Dynamic Lines:
The script identifies the most recent significant highs and lows using fractals.
It draws support and resistance lines that automatically update as new fractals form.
Simplified Visuals:
The chart always shows the last two support and resistance lines, keeping the visualization clean and focused.
RSI-Based Signals
Overbought and Oversold Levels:
RSI is used to identify overbought (above 80) and oversold (below 20) conditions.
The script generates buy signals at oversold levels and sell signals at overbought levels.
Chart Indicators:
Arrows and labels appear on the chart to highlight these RSI-based opportunities.
Customization
The script allows users to customize key parameters such as:
Moving average lengths for trend detection.
Take-profit and stop-loss percentages.
Timeframes for backtesting.
Starting capital and commission rates.
Conclusion
This script is a versatile tool for traders, combining trend detection, automated trade management, and visual feedback. It simplifies decision-making by providing clear signals and tracking performance metrics, making it suitable for both beginners and experienced traders.
* The most recently drawn fractals represent potential support and resistance levels. If the price aligns with these levels at the time of entering a trade, it may indicate a likelihood of reversal. In such cases, it’s advisable to either avoid entering the trade altogether or proceed with increased caution.
Dual RSIDual RSI Indicator
A powerful momentum indicator that combines two RSIs with different periods to generate more reliable trading signals. This indicator helps identify potential trend reversals and momentum shifts by monitoring the crossovers between fast and slow RSI lines.
Key Features:
• Dual RSI System
• Dynamic Crossover Signals
• Overbought/Oversold Levels
• Visual Background Alerts
• Customizable Parameters
Default Settings:
Fast RSI: 7 periods (More sensitive to price changes)
Slow RSI: 21 periods (Trend confirmation)
Overbought Level: 70
Oversold Level: 30
Signal Generation:
Bullish Signal:
• Fast RSI crosses above Slow RSI
• Green background highlights the crossover
• More significant when occurring near oversold levels
Bearish Signal:
• Fast RSI crosses below Slow RSI
• Red background highlights the crossover
• More significant when occurring near overbought levels
How to Use:
1. Trend Direction:
• Rising RSIs suggest bullish momentum
• Falling RSIs suggest bearish momentum
2. Signal Strength:
• Stronger signals occur near overbought/oversold levels
• Multiple crossovers in the same direction indicate trend strength
3. Divergence:
• Watch for divergence between RSIs and price
• Can indicate potential trend reversals
4. Filter Signals:
• Use overbought/oversold levels to filter trades
• Consider market context and trend
Best Practices:
• Use in conjunction with price action analysis
• More reliable on higher timeframes
• Confirm signals with other technical indicators
• Watch for divergence patterns
• Consider overall market conditions
Tips:
• Adjust RSI lengths as you like
• Lower periods = More signals but more noise
• Higher periods = Fewer signals but more reliable
• Use with trend following strategies
• Great for identifying potential reversal points
Note: This indicator works best when combined with other technical analysis tools and proper risk management strategies.
Credits:
Based on the traditional RSI concept
Enhanced with dual timeframe analysis
Created by
EMA MTF Crossover [Two]1m = Scalping Trade 3% chart
Đ = Đảo chiều xu hướng = Swing Trade 5% chart
T = Tiếp diễn xu hướng = Scalp Trade 5% chart
Custom RSI with ColorsHow to Use
Copy the script and paste it into the Pine Script Editor on TradingView.
Save and click "Add to Chart."
Adjust the parameters:
RSI Length: Change the calculation length.
RSI Method: Select between SMA and EMA for smoothing.
Levels and Colors: Define your four RSI thresholds and their corresponding colors.
Custom Timeframe: Specify a timeframe (e.g., 1D, 4H) or leave it blank to use the chart’s timeframe.
Explanation:
The RSI is calculated using the specified smoothing method.
Based on user-defined levels, the RSI line changes color dynamically.
Horizontal lines mark the levels for better visual reference.
Scalper ProThis script is a Scalper Pro
) indicator, designed to detect potential zones of market support and resistance by analyzing price behavior over a given number of bars. It includes two primary components:
1. Small Arrows (PTZ Identification):
Small green arrows are plotted below bars when a new high is detected compared to the left-hand lookback period (h_left).
Small red arrows are plotted above bars when a new low is detected.
2. Large Arrows Replaced with Labels (TZ Confirmation):
Instead of large arrows, it displays a "BUY" label below bars when the current low is the lowest point within both the left-hand (h_left) and right-hand (h_right) lookback periods.
Similarly, a "SELL" label is displayed above bars when the current high is the highest point within these periods.
3. Channel Visualization:
Displays the highest high and lowest low of the left-hand lookback period as channels, helping traders visualize price boundaries.
4. Probability Calculation:
Computes the percentage of confirmed transient zones (BUY and SELL labels) out of the sample period to help users evaluate the reliability of the indicator's signals.
توضیحات به فارسی:
این اسکریپت یک اندیکاتور Scalper Pro
است که برای شناسایی مناطق احتمالی حمایت و مقاومت بازار طراحی شده است. این اندیکاتور با تحلیل رفتار قیمت در تعداد مشخصی از کندلها، این مناطق را مشخص میکند. اجزای اصلی این اندیکاتور عبارتند از:
1. فلشهای کوچک (شناسایی PTZ):
فلشهای سبز کوچک زمانی زیر کندلها رسم میشوند که قیمت یک سقف جدید نسبت به دوره نگاهبهعقب سمت چپ (h_left) ثبت کند.
فلشهای قرمز کوچک زمانی بالای کندلها رسم میشوند که قیمت یک کف جدید ثبت کند.
2. جایگزینی فلشهای بزرگ با برچسبها (تأیید TZ):
بهجای فلشهای بزرگ، برچسب "BUY" زیر کندلها نمایش داده میشود، اگر کف فعلی کمترین نقطه در دوره نگاهبهعقب چپ (h_left) و راست (h_right) باشد.
برچسب "SELL" بالای کندلها نمایش داده میشود، اگر سقف فعلی بیشترین نقطه در این دورهها باشد.
3. نمایش کانال:
کانالهای بالاترین سقف و پایینترین کف دوره نگاهبهعقب چپ (h_left) رسم میشوند تا مرزهای حرکت قیمت را نشان دهند.
4. محاسبه احتمالات:
درصد مناطق تاییدشده (BUY و SELL) را از کل دوره نمونه محاسبه میکند تا قابلیت اطمینان سیگنالها را ارزیابی کند.
این اندیکاتور برای شناسایی فرصتهای معاملاتی مبتنی بر بازگشت یا شکست قیمت در این مناطق مناسب است.
Suggested Names:
1. ZoneHunter
2. TZ Analyzer
3. Reversal Zone Indicator
4. Price Zone Scanner
5. Support/Resistance Predictor
6. TZ Trend Marker
7. Pivot Zone Detector
Shendeng - ATR + Trend + EMAThis is a custom technical indicator that combines multiple smoothing and weighted calculation steps to capture changes in price momentum. The specific calculation process is as follows:
1. PMI_LA Indicator
Smoothing Period (sm): Used to apply exponential moving average (EMA) multiple times to smooth price data.
Constant D (cd): Used to adjust the sensitivity and shape of the indicator.
Color Bars (ebc) and Ribbon Mode (ribm): Used for visual highlighting of the indicator.
Overview of the Calculation Process:
Apply EMA multiple times to smooth price data.
Use multiple weighted coefficients (based on cd) to linearly combine the smoothed data, generating the final PMI_LA trend line.
Dynamically adjust its color based on changes in the trend line (green indicates rising, red indicates falling, blue indicates no change).
2. ATR (Average True Range)
ATR (Average True Range) is an indicator that measures market volatility by calculating the price fluctuation over a certain period.
ATR Period (c): Defines the number of historical periods required for ATR calculation.
ATR Multiplier (a): Used to adjust the impact of ATR, thereby affecting the upper and lower bands of the trend line.
3. EMA (Exponential Moving Average)
EMA (Exponential Moving Average) is used to generate a smooth price trend line. Although in the code the EMA period is set to 1 (i.e., ema(src_bsi, 1)), its main role is to assist in calculating trend changes.
4. Heikin Ashi Candles (Optional)
Heikin Ashi Candles are an improved candlestick display method, aiming to filter out market noise and provide a clearer trend illustration. Through the parameter h, users can choose whether to use Heikin Ashi candlestick data for calculation.
5. Logic and Conditions
BUY: When the price breaks above the ATR-adjusted upper band from below, and the EMA crosses above the upper band, indicating that the market may be starting a new upward trend, issuing a buy signal.
SELL: When the price breaks below the ATR-adjusted lower band from above, and the EMA crosses below the lower band, indicating that the market may be starting a new downward trend, issuing a sell signal.
这是一个自定义的技术指标,结合了多个平滑和加权计算步骤,以捕捉价格动量的变化。具体计算过程如下:
1.PMI_LA 指标
平滑周期(Smoothing Period, sm):用于多次应用指数移动平均(EMA)以平滑价格数据。
常数D(Constant D, cd):用于调整指标的灵敏度和形状。
颜色条(Color Bars, ebc) 和 带状模式(Ribbon Mode, ribm):用于视觉上的指标高亮。
计算过程概述:
多次应用EMA平滑价格数据。
使用多个加权系数(基于cd)对平滑后的数据进行线性组合,生成最终的PMI_LA趋势线。
根据趋势线的变化,动态调整其颜色(绿色表示上升,红色表示下降,蓝色表示无变化)。
2. ATR(平均真实波幅)
ATR(Average True Range) 是一种衡量市场波动性的指标,通过计算一定周期内的价格波动幅度来评估市场的波动性。
ATR周期(ATR Period, c):定义了ATR计算所需的历史周期数。
ATR倍数(ATR Multiplier, a):用于调整ATR的影响力度,进而影响趋势线的上下轨。
3. EMA(指数移动平均线)
EMA(Exponential Moving Average) 用于生成一个平滑的价格趋势线。虽然在代码中EMA的周期设置为1(即ema(src_bsi, 1)),但其主要作用是辅助计算趋势变化。
4. Heikin Ashi 蜡烛图(可选)
Heikin Ashi Candles 是一种改进的蜡烛图显示方式,旨在过滤掉市场噪音,提供更清晰的趋势图示。通过参数h,用户可以选择是否使用Heikin Ashi蜡烛图的数据进行计算。
5.逻辑与条件:
BUY:当价格从下方向上突破ATR调整后的上轨,并且EMA上穿上轨时,表明市场可能开始一个新的上升趋势,发出买入信号。
SELL:当价格从上方向下突破ATR调整后的下轨,并且EMA下穿下轨时,表明市场可能开始一个新的下降趋势,发出卖出信号。
RSI Highs and lowsShows the highest and lowest value of RSI for each candle. Also if you add it directly to your price chart and turn on the circles it will mark out each candle that went above 70rsi and went below 30 rsi
Stochastics Oscillator with Buy/Sell Indicator [iSTAGs]iSTAGs "Stochastics Oscillator" with Buy/Sell Indicator
Overview
The Stochastics Oscillator is a versatile trading indicator designed to provide comprehensive insights into market momentum and potential price reversals. With its multi-layered approach, it incorporates a blend of oscillators, smoothed averages, and relative strength measures to deliver actionable trading signals.
Disclaimer
This indicator is provided for study purposes only . While it may assist in identifying potential buy and sell opportunities, please note:
1. False Signals: The buy/sell indicators may generate false signals. Always validate signals using additional analysis or tools.
2. Trading Strategies: Use appropriate exit points and stop-loss levels as part of your overall trading strategy.
3. No Guarantees: Do not rely solely on this indicator for trading decisions. Market conditions may change, and no indicator guarantees accurate results.
4. Strategy Testing: The strategy associated with this indicator is not tested, and backtesting features are not available at this time.
Key Features
1. Stochastics Oscillator
• Combines the smoothed ranges of price movement to identify overbought and oversold conditions.
• Inbuilt signal lines helps pinpoint potential crossovers for trend reversals.
2. Zones Highlighting
• Clearly visualized zones for:
o Overbought (70–100): Caution for potential reversals.
o Bullish (0–40): Positive momentum.
o Bearish (0 to -40): Negative momentum.
o Oversold (-70 to -100): Potential buying opportunities.
3. Buy and Sell Signals
• Primary Buy/Sell Indicator: Highlighted directly on the chart for ease of use.
• Potential Buy/Sell Signals: Secondary indicators based on advanced crossover conditions that can generate early signals.
4. RSI Integration
• Realtime RSI value display for an additional layer of confirmation.
• Color-coded RSI values to easily interpret market strength:
o Red: Overbought (>80)
o Orange: Strong momentum (70–80)
o White: Neutral (30–70)
o Blue: Weak momentum (20–30)
o Green: Oversold (<20)
5. Limited Customizable Visuals
o Clean and color-coded plots and fills make it intuitive to identify trends and trading opportunities at a glance.
How to Use
1. Trading Signals:
• Use buy/sell shapes and flags for identifying potential entry and exit points.
• Combine primary buy/sell indicator and secondary buy/sell signals for higher confidence.
2. Trend Confirmation:
• Monitor the oscillator and signal crossovers alongside zone fills to gauge market direction.
3. RSI Analysis:
• Keep an eye on the RSI value and its color coding for confirmation of overbought or oversold conditions.
Settings
• Enable/Disable Features: Customize the visibility of Buy/Sell indicators, Potential Signals, and RSI display.
• Editable Zones: Adjust zone colors and ranges to suit your trading strategy.
Conclusion
The Stochastics Oscillator is a powerful tool for traders seeking to enhance their technical analysis. Its layered approach provides clarity, precision, and adaptability for a wide range of trading strategies, whether you're a scalper, swing trader, or long-term investor.
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Developed by iSTAGs
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Happy Trading! 🎯
Stock Scanner - 38 AssetsPullback Scanner and Trading Strategy:
The Scanner's Purpose:
This tool helps identify stocks and futures from a set-list that are in a strong uptrend (above 200 SMA) but experiencing a temporary pullback (RSI below 38), creating potential buying opportunities.
Load 38 Favourite Stocks. They need to be bullish ie: Trading usually above 200 SMA. A drop down switch lets you choose which group. You can find suitable stocks using the filter at FINVIZ:
use on 4hr Timeframes and Above
You must use this on at least the 4hr timeframe, otherwise the 200SMA is not truly placed correctly and a valid trade depends upon the price action being ABOVE the 200SMA.
finviz.com
Key Components:
200 Simple Moving Average (SMA)
Acts as a trend filter
Price above 200 SMA indicates a long-term uptrend
Helps avoid trading against the main trend
Relative Strength Index (RSI)
Set to 38 as the oversold threshold
Identifies temporary weakness in strong trends
Acts as the pullback confirmation. You could add an RSI indicator to the chart for monitoring.
Visual Signals:
Green row: Indicates both conditions are met (price > 200 SMA and RSI < 38)
Yellow triangle: Appears at price bottom when RSI drops below 38
Yellow 200 SMA line: Shows the trend direction and potential support
Trade Setup:
First Requirement: Price must be trading above the 200 SMA
Second Requirement: Wait for RSI to drop below 38
Entry Trigger: When both conditions align (row turns green)
Risk Management: Set stop loss below recent swing low
Exit: When RSI moves above 53 or price crosses below 200 SMA
The scanner monitors multiple instruments simultaneously, allowing traders to identify setups across different markets without manually checking each chart. When a row turns green, that instrument deserves closer attention for potential trade setup.
Example Trade:
Looking at the chart of Apple (AAPL), the yellow triangles show where RSI dropped below 38 while price remained above the rising 200 SMA, providing multiple long entry opportunities in an established uptrend. Actually Apple may be better with RSI below 26.
If you use ctrader, I have made a cbot version of this to automatically take trades on the ctrader platform: eg: XAUUSD i.postimg.cc
Liquitive Buy/Sell Dollar AveragerLiquitive Buy/Sell Dollar Averager Indicator
The "Liquitive Buy/Sell Dollar Averager" is a versatile trading tool designed for intraday and multi-timeframe analysis, combining advanced range-bound calculations, RSI normalization, volume spikes, and candle pattern recognition to identify optimal buy and sell conditions. This indicator is particularly suitable for traders employing strategies that focus on dollar-cost averaging, position scaling, and systematic buy/sell decision-making.
Key Features:
Adaptive RSI-Based Levels:
Dynamically calculates inner bounds (IB) and outer bounds (OB) using RSI and price ranges, helping to identify overbought and oversold conditions relative to the price action.
Normalizes RSI values to the price range for seamless visualization overlaid on the chart.
Volume and Candle Analysis:
Detects significant volume spikes relative to a moving average, signaling increased market activity.
Identifies spiking green/red candles to capture momentum-driven price movements.
Dynamic Support and Resistance:
Calculates and plots support and resistance levels based on recent swing highs and lows.
Median and boundary lines help visualize key price levels for decision-making.
Profitability Check:
Buy and Sell Signals:
Checks profitability thresholds based on percentage gains/losses.
Incorporates logic for "time to buy" and "time to sell" using target profit margins.
Implements average move percentage to define realistic thresholds for buy/sell actions.
Time-Based Trading Restrictions:
Configures trading logic to disallow trades after a specific time (e.g., 3:40 PM for intraday sessions).
Ensures logical entry and exit decisions are only made within active trading hours.
Color-Coded Visualization:
Background colors dynamically shift between green (bullish), red (bearish), and neutral, depending on RSI and price position relative to the inner bounds.
Opacity of the background adjusts based on normalized RSI differences to provide a visual cue of market strength.
Customizable Parameters:
Allows user input for key settings like lookback periods, RSI length, percent ranges, volume thresholds, and transparency levels, enabling flexible configuration tailored to individual strategies.
Actionable Alerts and Signals:
Plots "Open Position", "Add to Position", and "Close Position" markers directly on the chart, making it easy to follow systematic trading rules.
How It Works:
Buy Signals:
Triggered when price conditions, volume spikes, and RSI-based thresholds align with profitability metrics.
Designed for dollar-cost averaging, identifying opportunities to add to long positions or open new positions.
Sell Signals:
Evaluates profitability conditions to identify when to close or scale out of positions.
Incorporates real-time evaluation of market momentum and profitability.
[WSP-V1] Adaptive MACD/RSIDiv/SMC/SMA/EMAThis indicator is based on an adaptive combination of MACD RSI divergence, EMA, SMA, SMC, and more.
It is suitable for trend-following strategies and works on all timeframes. It performs particularly well on the daily timeframe.
##How It Works##
MACD: Two Exponential Moving Averages
The "Zones," where different actions should be taken, are highlighted with green and red backgrounds (MA26/MA12) on the chart. These zones indicate when the MACD is near the 0 line. There is also a small cycle color label to help identify when the first candle's MACD closes near the 0 line.
RSI Divergence
Alerts are triggered when a bullish or bearish divergence occurs.
The alerts may have minor repainting, so they should not be used as entry/exit signals, but rather as a guideline to be considered along with other indicators (e.g., MACD), to notify of potential reversal signals.
EMA and SMA
Plots exponential moving averages on four timeframes at once for rapid indication of momentum shifts, as well as slower-moving confirmations.
The following EMAs are displayed:
EMA 20 (Light Green)
EMA 50 (Dark Green)
EMA 100 (Yellow)
EMA 200 (Pink)
It also displays MA 100 (Thick Blue) and a dynamic SMA21. If the candles are above the SMA21, it will be green; otherwise, it will be red.
These are used for checking momentum and are great for evaluating the strength of a trend.
Smart Money Concepts (SMC)
The internal and swing market structure labeling includes:
Break of Structure (BOS)
Change of Character (CHoCH)
Order Blocks (Bullish & Bearish)
Equal Highs & Lows
Fair Value Gap Detection
Previous Highs & Lows
Premium & Discount Zones (as a range)
Options to style the indicator for easier display of these concepts
Important:
Please try it out without risking real money at first. This is Version 1, optimized for the daily timeframe and trend-following setups. I welcome your suggestions and feedback!
Relative Strength Index with EMAĐịnh nghĩa về phương pháp Momentum Dynamic Strategy
Phương pháp Momentum Dynamic Strategy là một hệ thống giao dịch kết hợp các nguyên lý cốt lõi của Lý thuyết Dow về xu hướng và cấu trúc thị trường, cùng với chỉ báo RSI (Relative Strength Index) để đo lường động lượng, được làm mượt bởi một đường EMA (Exponential Moving Average) của chính RSI. Sự giao thoa giữa ba yếu tố này cho phép nhà giao dịch:
Xác định xu hướng và cấu trúc thị trường theo Lý thuyết Dow, qua đó nắm rõ các giai đoạn thị trường đang trong xu hướng tăng, xu hướng giảm hay tích luỹ.
Đo lường và phân tích động lượng (momentum) của xu hướng thông qua RSI, giúp nhận diện sức mạnh hoặc độ “đuối” của xu hướng hiện tại.
Lọc nhiễu và tăng độ chính xác của tín hiệu bằng cách sử dụng EMA để làm mượt đường RSI, từ đó hạn chế tín hiệu sai (false signals) thường gặp trong các thị trường biến động mạnh.
Cách thức hoạt động
Xác định cấu trúc thị trường (Market Structure):
Dựa trên Lý thuyết Dow, thị trường được chia thành các pha xu hướng tăng (Higher High – Higher Low), xu hướng giảm (Lower High – Lower Low) hoặc pha tích luỹ (đi ngang). Việc nhận diện chính xác giúp nhà giao dịch biết được bối cảnh tổng quan và điều chỉnh chiến lược phù hợp.
Đo lường động lượng qua RSI:
RSI là chỉ báo dao động từ 0 đến 100, thể hiện sức mạnh tương đối. RSI càng cao biểu thị lực mua mạnh, và ngược lại. Với Momentum Dynamic Strategy, RSI không chỉ đơn thuần được sử dụng ở các ngưỡng quá mua/quá bán (70/30) mà còn được quan sát trong bối cảnh xu hướng để đánh giá lực đi tiếp hay khả năng đảo chiều.
Sử dụng EMA trên RSI để làm mượt tín hiệu:
Thay vì đọc trực tiếp RSI, phương pháp này áp dụng thêm một đường EMA (thường dùng EMA 9 hoặc EMA 14) trên RSI. Khi RSI cắt lên/cắt xuống EMA của chính nó, hoặc khi EMA của RSI “bẻ hướng”, đó có thể là tín hiệu sớm của sự thay đổi động lượng trong xu hướng.
Kết hợp tín hiệu Mua/Bán:
Tín hiệu Mua (Long Entry): Xuất hiện khi RSI vượt lên trên EMA của nó trong bối cảnh thị trường xác nhận đang trong xu hướng tăng (hoặc vừa phá vỡ cấu trúc giảm).
Tín hiệu Bán (Short Entry): Xuất hiện khi RSI cắt xuống EMA của nó và thị trường đang hoặc mới chuyển sang pha xu hướng giảm.
Ý nghĩa và lợi ích
Tối ưu hoá hiệu quả giao dịch: Xác định đúng xu hướng theo Dow, kết hợp đo lường động lượng qua RSI, sẽ giúp loại bớt các lệnh “ngược sóng”.
Giảm nhiễu, tăng độ tin cậy: Việc dùng EMA trên RSI đóng vai trò lọc tín hiệu sai, nhất là khi thị trường biến động mạnh hoặc có nhiều nhiễu.
Dễ dàng áp dụng: Các yếu tố cốt lõi (Dow, RSI, EMA) đều là những công cụ phổ biến, giúp nhà giao dịch tiếp cận và thực hành phương pháp này một cách nhanh chóng.
920 ЕМА + RSI"This indicator combines two exponential moving averages (EMA) and the Relative Strength Index (RSI) to identify potential buy and sell signals. It uses EMA crossovers (9 and 20 periods) to detect trend reversals and RSI to confirm the strength of the trend or spot overbought/oversold conditions. Suitable for traders looking for short- to medium-term market opportunities."
Let me know if you'd like further refinements! 😊
VWAP RSI Crossover StrategyStrategy Concept:
Buy Signal: When the price crosses above the VWAP and the RSI crosses above a certain threshold (e.g., 30).
Sell Signal: When the price crosses below the VWAP and the RSI crosses below a certain threshold (e.g., 70).
VWAP Calculation:
We calculate the VWAP using the ta.vwap(close) function.
RSI Calculation:
The rsi variable is the RSI of the closing price with a length of rsiLength (default 14).
Buy Condition:
The condition for a buy signal is when the price crosses above the VWAP and the RSI is above the rsiOversold level (default 30).
Sell Condition:
The condition for a sell signal is when the price crosses below the VWAP and the RSI is below the rsiOverbought level (default 70).
Alerts:
Alerts are created for buy and sell signals based on the conditions defined above. You can enable these alerts in TradingView for real-time notifications.
Strategy Execution:
The strategy enters a long position when the buy condition is met and closes the position when the sell condition is met.
CDZV RSI/RSX Divergence# CDZV RSI/RSX Divergence Indicator
This indicator is part of the CDZV Toolkit, a comprehensive suite of tools designed for automated trading strategies and backtesting. While the indicator can be used standalone for technical analysis, its integration with CDZV Toolkit allows traders to:
- Automate trading decisions based on divergence signals
- Perform detailed backtests of divergence-based strategies
- Integrate divergence signals with other CDZV Toolkit components
- Optimize strategy parameters using historical data
- Generate comprehensive performance reports
## Overview
The CDZV RSI/RSX Divergence Indicator is a sophisticated technical analysis tool that combines RSI (Relative Strength Index) and RSX (a modified RSI variant) to identify both regular and hidden divergences in market price action. This indicator is specifically designed to identify divergences only in overbought and oversold zones, making it more reliable for trading decisions.
## Main Features
### Dual Oscillator System
- **RSI (Relative Strength Index)**: Traditional momentum oscillator
- **RSX**: Modified version of RSI with enhanced smoothing characteristics
- Both oscillators can be used independently or together
### Divergence Types
1. **Regular Divergences**:
- Bullish: Price makes lower lows while oscillator makes higher lows (in oversold zone)
- Bearish: Price makes higher highs while oscillator makes lower highs (in overbought zone)
2. **Hidden Divergences** (Optional):
- Bullish: Price makes higher lows while oscillator makes lower lows (in oversold zone)
- Bearish: Price makes lower highs while oscillator makes higher highs (in overbought zone)
### Smart Filtering System
- Only identifies divergences in significant zones (overbought >70, oversold <30)
- Customizable lookback periods for divergence identification
- Adjustable minimum and maximum range for divergence confirmation
### Visual Features
- Histogram option for better visualization of momentum
- Color-coded signals for easy interpretation
- Customizable colors and line styles
- Transparency settings for better chart visibility
## CDZV Toolkit Integration Features
- Export divergence signals for strategy automation
- Customizable signal conditions for strategy testing
- Performance metrics collection for backtesting
- Integration with other CDZV indicators and tools
- Strategy optimization capabilities
## Customization Options
### RSI Settings
- Enable/Disable RSI
- Volume-based calculation option
- Divergence display toggle
- Period adjustment
- Multiple smoothing types
- Line width and transparency
- Custom color schemes
### RSX Settings
- Enable/Disable RSX
- Volume-based calculation option
- Divergence display toggle
- Period customization
- Smoothing options
- Visual appearance settings
### Divergence Settings
- Pivot lookback parameters
- Minimum and maximum lookback ranges
- Hidden divergence toggle
- Overbought/Oversold levels
### Visual Settings
- Level markers for overbought/oversold zones
- Crossline level
- Histogram customization
- Color schemes for different signals
## Technical Components
### Moving Average Types
The indicator includes multiple types of moving averages for smoothing:
- COVWMA (Coefficient of Variation Weighted Moving Average)
- DEMA (Double Exponential Moving Average)
- EMA (Exponential Moving Average)
- EHMA (Exponential Hull Moving Average)
- FRAMA (Fractal Adaptive Moving Average)
- HMA (Hull Moving Average)
- KAMA (Kaufman's Adaptive Moving Average)
- SMA (Simple Moving Average)
- TEMA (Triple Exponential Moving Average)
- VIDYA (Variable Index Dynamic Average)
- And more...
## Usage Guidelines
1. **Setup**:
- Select preferred oscillator (RSI, RSX, or both)
- Configure divergence settings
- Adjust visual parameters
- Configure CDZV Toolkit integration options if using automated strategies
2. **Signal Interpretation**:
- Regular bullish divergence: Potential reversal from downtrend
- Regular bearish divergence: Potential reversal from uptrend
- Hidden bullish divergence: Trend continuation upward
- Hidden bearish divergence: Trend continuation downward
3. **Best Practices**:
- Use in conjunction with other CDZV Toolkit components
- Perform thorough backtesting before live trading
- Pay attention to the overall market context
- Consider divergences only in oversold/overbought zones
- Use appropriate timeframes for your trading strategy
## Key Advantages
1. **Enhanced Reliability**: Focuses on divergences in extreme zones only
2. **Flexibility**: Multiple customization options for different trading styles
3. **Dual Confirmation**: Option to use both RSI and RSX for validation
4. **Clear Signals**: Visual distinction between regular and hidden divergences
5. **Advanced Smoothing**: Multiple moving average options for better signal quality
6. **Automation Ready**: Fully compatible with CDZV Toolkit's automation features
7. **Backtesting Integration**: Seamless integration with CDZV's backtesting engine
## Note
This indicator is designed as both a standalone technical analysis tool and a component of the CDZV Toolkit. While it can be used independently for manual trading, its full potential is realized when used as part of an automated trading strategy within the CDZV ecosystem. Always use proper risk management and combine with other forms of analysis for trading decisions.