RSI & Volume Based S&R Lines V1.0 Inspired by previous work available on TradingView I wanted to create my own Support & Resistance based indicator to help with confirming signals used with my swing trading tools (also available on TV). There are two support and resistance lines, one RSI & historic price based and the other based on volume fractals. I've...
Accumulation/Distribution Percentage ( ADP ) is used to measure money flow similar to Chaikin Money Flow ( CMF ) and Money Flow. It is the range-bound version of my previous indicator ADMF. This indicator can be used for analyzing momentum, buy/sell pressure, and overbought/oversold conditions. I believe that this indicator is more accurate than CMF and MFI ...
Looking for Short and Long positions based on RSI and support/resistance lines.
This script improves the default RSI. First. it identifies regions of the RSI which are oversold and overbought by changing the color of RSI from white to red. Second, it adds additional reference lines at 20,40,50,60, and 80 to better gauge the RSI value. Finally, the coolest feature, the middle 50 line is used to indicate which cycle the price is currently at. A...
Buy Signal: Black traingle upward Sell Signal: Black traingle downward Works best on 15min chart. Performance numbers are really good for indices.( Need to change timeframe and values to work for forex or CFDs). This script generates the fibonacci bars on the fly based on the length of previous candles(user input available). (1,0.618,0.5,0.382,0 levels are...
This indicator is a tool designed to be used with Steven Hart's RSI Exhaustion strategy. For more information google TheTradingChannel or look him up on YouTube :) The default RSI settings for this strategy are: RSI Overbought: 80 RSI Oversold: 20 Length: 7 When the RSI gets above 80, the line will turn red and the script will begin looking for a specific...
This is a simple momentum indicator. It calculates the moving average of gains and losses. As you can see in the chart above, gains have been decreasing in each wave which is also captured by this indicator. Its closest relative is RSI but unlike RSI it is not range bound. Divergence on indicators that are not range bound are generally more reliable. Recommended...
This indicator will allow you to see overbought and oversold areas of the rsi or the cci, you must set yourself the upper and lower band of the rsi (70-30) or cci (100, -100). By default, it's Rsi I have already posted the same indicator but only with the Rsi, I wanted to posted a more complete that offers the 2. On the chart, it is the overbought / oversold...
This indicator has the following: 1. volume rsi based on Ricardo Santos great work 2.DMI 3.fib candle the buy points are based on volume break of rsi (not rsi) filter by DMI and the candle fib based on fibo points sell point the same just in reverse this indicator give you volume based on rsi to gether with other stuff so the buy points seems to be more accurate...
So, here's what we ended up doing for the most recent one that we created. 1. We took the ATR (Average True Range) - You can read about that here: medium.com 2. Then applied the Bollinger Bands %B to it 3. Then overlayed it with another indicator Purpose: The general purpose of this indicator is to identify when there are periods of consolidation or if...
if rsi is over 70, candlestick is in yellow, if less than 30 the color is blue. within the next 3 candles, correct ratio is more than 50.
Three RSI indicator charts in one window. Plus, the resale area (green) and overbought area ( red) are highlighted. Indicator settings are periods of calculation of the RSI indicator (24, 14, 9). The fourth parameter (30) is the critical levels, which are at a distance of 30 units from the edges. If the parameter is 30, then the oversold level is 30 and the...
Crypto RSI. On the basis of crypto-index is created, the indicator for the study of cryptocurrencies (KRIN). The wt indicator (this is a modified and improved CCI indicator) is superimposed on the crypto index. The indicator (SIN_WT) shows the speed of movement of the crypto index (blue line) and the speed of movement of the local cryptocurrency price (red line),...
This is basically RSI 7 with RSI 14 Good to have them in one window so we will find a better enter in the market
This RSI measures the average values of RSI for all periods (1min, 3min, 5min, 15min, 30min, 1hour, 2hours, 4hours,D,W). Very strong to determine the breakout of the trend
NOTE 1: Only for S NOTE 2: Only for timeframe : 30 Minute Gold and Silver both trade the same way, opposite of DXY but silver fluctuations are higher and different from Gold. This script has been optimized for Silver only, not for gold. How to trade: Just see the signals for buy and sell on the chart. Give your feedback after testing this strategy. :)
For a friend, This is still a vvork in progress as this script is an ALPHA version, so I could recomend you not rely on this to build strong signals, if you experiment it, it is at your ovvn risks. It is very unfinished and doesn't give all the signals I'm looking for so far. I'm still trying to catch a proper coding stuff that vvould rock the vvoods. So...