This script detects potential trend reverse and Buy or Sell spots.
It works with finding overvalued RSI and Engulfing candle after that and plotting "Buy" or "Sell" signal on price chart.
* Users can change RSI values easily from setting.
Enjoy
Hi Traders.
In my never ending obsession with Support and Resistance , I built an indicator to show the last Support and Resistance Lines based on RSI .
The indicator draws a new Support Line when RSI comes out of oversold and a new Resistance Line when RSI comes out of overbought.
It also shows a panel with the current Support and Resistance Levels.
It's a...
Version 1.0 of our RSx RSI indicator was developed initially as a scalper. It helps determine a possible top/bottom for a specified time frame. The indicator is a modified version of the original RSI . We added a second line to help give you a visual on a bull/bear cross.
Bull crosses at the bottom of the range indicate that the current trend is trying to reverse...
Concept by NITISH Sir;
Hilega Milega System;
LONG Entry when RSI is GREEN & Above "dash" line
SHORT Entry when RSI is RED & Below "dash" line
LONG Exit when RSI turns to RED from GREEN
SHORT Exit when RSI turns to GREEN from RED
SIDEWAYS movement when RSI line is BLACK; Wait for pullback or reversals here.
Use on Higher Timeframes only.
RSI Enhanced Version
- Additional settings
- Middle line
- Bars coloring
- Overbought/oversold highlighting
- Divergence detection (SOON)
- Use it with other signals
RSI Length = 7 (twice faster than original indicator, change to 14 for default settings).
Simple signals
Blue: buy and don't sell.
Orange: sell and don't buy.
Gray: stay calm.
It is not an...
Based on resistance/support and bollinger band fluctuations this indicator also has filter with x bars after RSI overbought/oversell zones from settings.
Indicator has alerts for LONG(BUY)/SHORT(SELL) signals with green/red squares/triangles. You can setup alerts to use different types of entries.
There are two types of entries and signals: early (usually before...
Hello Traders,
Horus RSI Stoch BTC - SPX EMA Spread is an oscillator based on BITSTAMP:BTC and the SPX500USD EMA spread and may indicate Bitcoin oversold / overbought conditions compared to SPX. You can also setup an other time frame.
How it works?
- Like an RSI but only for BTC
- Setup any time frame you want
- Display Stochastic
- Display StochRSI
- Display...
This is a custom indicator of mine that uses the volume weighted average price instead of the close price as the source for calculations of the relative strength index. Buy when the indicator line is green and sell when it is red.
This was a custom request so let me know if there are any other scripts you would like to see me do or if you want something custom done!
hey guys
i post this indicator for who like Ma-Wma-Ichi-Rsi
i used most important Ma on it .
you can see overbuy or oversold on Rsi with a Ob-Os alarm on candel
ichimoku cloud is based on crypto setup
Enjoy
Dont forget to leave a like
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RSi :
Rsi Signals its based on Rsi oscillator that mean you...
The Double Smoothed RSI Indicator was created by William Blau (Stocks & Commodities V. 9:5 (202-205)) and is a variation of the classic RSI using his Momenta Indicator and his Momenta RSI formula. I have color coded everything to make it very easy to determine buy and sell signals.
Let me know if you would like to see me write scripts for other indicators!
The Momenta RSI Indicator was created by William Blau (Stocks & Commodities V. 9:5 (202-205)) and is a variation of the classic RSI using his Momenta Indicator formula. I have color coded everything to make it very easy to determine buy and sell signals.
Let me know if you would like to see me write scripts for other indicators!
Original Idea by Invsto
In this indicator, I explore the core concepts of RSI and extend it with smoothening to determine volatility.
Usage:
LIME/GREEN : High Volatility and BULLISH trend
RED/FUCHSIA : High Volatility and BEARISH trend
GRAY: Low volatility/Potential Chop Zone
This script does two things:
1- Highlights extreme levels on RSI
2- Calculates what % of the time, price closed higher (lower) with some minimum threshold when RSI was below oversold (overbought) level in a predefined number of bars.
I use this to understand if buying the dip/selling the rip works for a security and on what time frame and if it could be a...
This script highlights the indicator background when the RSI exceeds oversold and overbought thresholds making it easier to spot them.
Good for strategies that rely on extreme RSI readings
DESCRIPTION:
This script has been designed to do some swing trading on 4 hour and daily candles.
After some adjustments it also gives a good result on the lower timeframes 5m, 15m and 1h.
• This scripts is based on RSI, Stoch RSI and some other indicator(s).
• It provides BUY, SELL, STRONG BUY and STRONG SELL labels when loading the script.
• It is also...
The Dynamic RSI indicator is a kind of exponential RSI. The overbought and oversold levels (respectively HiLine and LoLine) are calculated according to the recent highest and lowest values of the Dynamic RSI line.
The STP Oversold/Overbought Candles is a momentum indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset. The indicator will turn the candles White on extreme downside or upside volume . When this occurs it’s best to trade in the same direction as momentum. Once the next...
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![BTCUSD: [Antipanic] RSI Relative Strength Index Enhanced](https://s3.tradingview.com/t/THKuZaDK_mid.png "[Antipanic] RSI Relative Strength Index Enhanced")
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