strength

Essassani

The Strength/Weakness Indicator is a customisable tool designed to help traders identify key areas of market strength and weakness based on the 50% Fibonacci retracement level . █  Underlying Concept: The concept behind this indicator draws heavily on the principles of Fibonacci retracement and WD Gann’s market theories , particularly the importance of...

TheUltimateBullRun

This indicator measures and displays the closing strength of each candle relative to its range. It assigns a value from 0 to 100, where - 0 indicates a close at the candle's low, - 100 indicates a close at the high, and - 50 represents a close at the midpoint. The strength is shown as a number on each candle, color-coded green for...

Amjad_S

Intramarket Difference Indicator (IDI) Strategy: In layman’s terms this strategy compares two indicators across (correlated) markets and exploits their differences. 📍 Import Notes: This Strategy calculates trade position size independently, this means that the ‘Order size’ input in the ‘Properties’ tab will have no effect on the strategy. Why ? because...

parvezhaleem92

Purpose: The Enhanced Alligator Trend Indicator aims to identify strong and reliable buy and sell signals on the price chart by combining the Alligator Indicator with trend strength and volume filters. It is specifically designed for use on a 1-minute chart to enhance precision in short-term trading decisions. Components: Alligator Indicator: Jaw Line (Blue):...

mattishenner Aktualisiert 

The volatility adjusted relative strength indicator offers a more precise approach to traditional RS indicators by incorporating volatility adjustments into its calculations. This will provide traders with a more nuanced view of relative performance between a selected instrument and a comparison index. Identifying Relative Strength (RS) and Weakness (RW) against...

vbutani Aktualisiert 

ZOR (Zone of Outperformance Ratio) with Supporting Indicators This custom indicator introduces an approach to measuring asset performance through the Zone of Outperformance Ratio (ZOR), complemented by two supporting indicators for comprehensive market analysis. 1. ZOR (Zone of Outperformance Ratio) The ZOR is the cornerstone of this indicator, offering a...

djsnowman06 Aktualisiert 

An oscillator which de-trends the Relative Strength Index. Rather, it takes a moving average of RSI and plots it's standard deviation from the MA, similar to a Bollinger %B oscillator. This seams to highlight short term peaks and troughs, Indicating oversold and overbought conditions respectively. It is intended to be used with a Dollar Cost Averaging strategy,...

javageek Aktualisiert 

RSI Confirm Trend with Williams (W%R) This is the "RSI Confirm Trend with Williams (W%R)" indicator This is a modification of the "RSI Trends" indicator by zzzcrypto123. What Is the Relative Strength Index (RSI)? The relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of a security's recent price...

Sofien-Kaabar

The Relative Strength Index (RSI) is like a fitness tracker for the underlying time series. It measures how overbought or oversold an asset is, which is kinda like saying how tired or energized it is. When the RSI goes too high, it suggests the asset might be tired and due for a rest, so it could be a sign it's gonna drop. On the flip side, when the RSI goes too...

s3raphic333 Aktualisiert 

Indicator to show when the RSI is in oversold(Below 30) or overbought (Above 70) conditions. The background color of the chart changes colors in the areas where the above conditions are met. Price can often reverse in these areas. However, this depends on the strength of the trend and price may continue higher or lower in the direction of the overall trend....

NoveltyTrade Aktualisiert 

█ OVERVIEW This screener allow you to watch up to 240 any tickers you need to check RSI overbought and oversold using multiple periods, including the percentage of RSIs of different periods being overbought/oversold, as well as the average between these multiple RSIs. █ THANKS LuxAlgo for his RSI over multi length I made function for this RSI and screener...

AlgoAlpha

🚀📈 Introducing the Supertrended RSI Indicator by AlgoAlpha! Designed to empower your trading decisions, this innovative Pine Script™ creation marries the precision of the Relative Strength Index (RSI) with the dynamic prowess of the SuperTrend methodology. Whether you’re charting the course of cryptos, riding the waves of stock markets, or navigating the futures...

LuxAlgo Wizard Aktualisiert 

The Relative Strength Scatter Plot indicator is a tool that shows the historical performance of various user-selected securities against a selected benchmark. This tool is inspired by Relative Rotation Graphs®. Relative Rotation Graphs® is a registered trademark of JOOS Holdings B.V. This script is neither endorsed, nor sponsored, nor affiliated with them. 🔶 ...

JohnyCardano Aktualisiert 

The "Multi-TF RSI Table" indicator is a comprehensive tool designed to present traders with a quick visual summary of the Relative Strength Index (RSI) across multiple timeframes, all within a single glance. It is crafted for traders who incorporate multi-timeframe analysis into their trading strategy, aiming to enhance decision-making by identifying overall...

Julien_Eche

This indicator is called the "Relative Strength Trend Indicator" (RSTI), designed to assess the relative strength of a trend. Here is a detailed explanation of how it works and how traders can interpret it: Indicator Operation: 1. Data Source (src): The indicator considers a data source, typically the closing price (close), but this can be adjusted according...

Daniel_Ge Aktualisiert 

TL;DR - A different approach calculating strength based on Donchain channels My approach calculating strength by using the difference between price and donchain average. It is possible to use the highest/lowest value of a given source (like close) or to use the highest high/lowest low (by using the option 'include wicks') for the strength calculation I added...

AlgoAlpha Aktualisiert 

Description: Introducing the Amazing Oscillator indicator by Algoalpha, a versatile tool designed to help traders identify potential trend shifts and market turning points. This indicator combines the power of the Awesome Oscillator (AO) and the Relative Strength Index (RSI) to create a new indicator that provides valuable insights into market momentum and...

Kaschko Aktualisiert 

This script provides a quick overview of the relative strength and correlation of the symbols in a sector by showing a line chart of the close prices on a percent scale with all symbols starting at zero at the left side of the chart. It allows a great deal of flexibility in the configuration of the sectors and symbols in it. The standard preset sectors cover the...