CRS Table - Select Index to ViewThis indicator calculates and visualizes the Cumulative Relative Strength (CRS) of selected indices or stocks compared to the Nifty 50 Index as a benchmark. It helps traders and investors quickly identify sectoral strength, relative performance, and momentum rotation across the market.
Educational
BankNifty-15min Intraday-High Risk-R-AlgoAI-Final Copy// This script is for educational and informational purposes only.
// It does not constitute financial or investment advice.
// Trading involves substantial risk and may not be suitable for all investors.
// Always do your own research or consult with a licensed financial advisor
// before making any trading or investment decisions.
// The author is not responsible for any losses incurred using this script.
⚡ Overview:
This script is a technical indicator designed for intraday trading on the Bank Nifty future chart using the 15-minute timeframe. It uses a combination of normalized buy and sell pressure along with a Hull Moving Average (HMA) smoothing method and volume-based normalization to detect potential buy and sell signals.
💡 Main Concept:
Buy and Sell Pressure Calculation:
The script calculates:
bp (Buy Pressure): close - low
sp (Sell Pressure): high - close
These values are smoothed using a custom Hull Moving Average (HMA) function, designed to reduce lag and react quicker to price changes compared to traditional moving averages.
📊 Normalized Signals:
Buy and Sell pressures are normalized against their HMA smoothed values.
Volume normalization is also applied to adjust for the effect of market activity on the pressure signals.
📌 Signal Logic:
A Buy Signal is generated when:
Only one signal per day is allowed to avoid signal spamming.
A Sell Signal is generated under the opposite conditions:
One sell signal per day.
🧾 Visual Output:
When a signal is triggered, the script:
Draws a horizontal line at the signal price (with labels like BUY @ or SELL @).
Plots triangle markers on the chart to highlight buy (green) or sell (red) signals.
Deletes or extends lines at the end of each day to maintain visual clarity.
📈 Additional Features:
EMA 50 & EMA 200:
Plots two common Exponential Moving Averages (50-period and 200-period) for trend visualization.
⚠️ Important Notes:
This script is meant for educational and research purposes only.
It is designed for high-risk intraday trading.
Signals are based on historical behavior and should not be treated as financial advice.
No stop-loss or take-profit logic is included — traders should manage risk independently.
✅ Summary:
This indicator offers a simple visual and quantitative approach to spot potential intraday turning points for Bank Nifty future on a 15-minute chart, with clear buy and sell markers. It combines volume, price pressure, and moving average smoothing to filter out random price movements.
冠冠專用策略會在 K、D 同時從 20 以下突破 時做多。
在 K、D 同時從 80 跌破 時平倉。
包含圖表上 KD 線條與超買/超賣水平線顯示
The strategy enters a long position when both K and D lines cross above 20 from below.
It exits the position when both K and D lines cross below 80 from above.
The chart also displays K and D lines, along with overbought and oversold level lines for visual reference.
Size CalculatorOverview:
Size Calculator is a risk management tool that helps traders position themselves intelligently by calculating optimal position size, stop loss, and take profit levels based on account capital, ATR volatility, and personal risk tolerance. It takes the guesswork out of sizing so you can focus on execution.
Features:
✅ Risk-based position sizing
✅ ATR-based stop loss & take profit levels
✅ Dynamic leverage estimation
✅ Support for long and short positions
✅ Visual display of key levels and metrics via table
✅ Works across any timeframe with locked timeframe support
How It Works:
This tool computes the ideal position size as a % of account capital based on how much you're willing to risk per trade and how far your stop loss is (in ATR units). It calculates corresponding stop loss and take profit prices, and visually plots them along with a floating table of metrics. You can lock the timeframe used for ATR and price, keeping your risk logic stable even when changing chart views.
Customizable Inputs:
Account capital and risk tolerance
ATR-based stop loss & take profit multiples
Trade direction (Long or Short)
ATR period and locked timeframe
Optional detailed metrics display
Moon in Nakshatras March-April 2025 (IST, Sidereal)Moon in Nakshatras March-April 2025 (IST, Sidereal)
This Pine Script indicator overlays the 27 Vedic Nakshatras (lunar mansions) on your TradingView chart, based on the Moon's transit in March and April 2025, calculated in Indian Standard Time (IST) using sidereal astrology. Each Nakshatra period is highlighted with a teal background and labeled with its Hindi name and approximate start/end times. Users can toggle visibility and adjust label size (small, normal, large, huge) for customization. Additionally, the indicator includes a percentage change logic with a customizable timeframe, price type, and moving average, coloring bars based on price momentum (lime for bullish, red for bearish, gray for neutral).
Disclaimer:
// © Dshergill
This indicator is for informational purposes only and does not constitute financial advice. Nakshatra timings are approximate and may vary slightly depending on precise astronomical calculations. Always verify with a trusted source before making trading decisions.
Magic signal Magic Signal is a comprehensive, all-in-one technical analysis toolkit designed for serious traders seeking clarity in market trends, strategic entry points, and defined risk management levels. This custom Pine Script indicator combines multiple proven methodologies to deliver actionable insights across different market conditions.
Key Features:
1. Trend Detection:
Utilizes a simple moving average crossover strategy to identify potential uptrends and downtrends.
Dynamic background coloring highlights the prevailing trend direction for visual clarity.
2. Entry & Exit Signal Zones:
Automatically plots suggested Entry, Stop Loss, and Take Profit 1 & 2 levels based on customizable ATR multipliers.
Visual aids (lines, labels, and filled zones) assist traders in quickly identifying optimal trade setups.
3. Risk Management:
Risk levels are clearly defined using Average True Range (ATR) to calculate volatility-adjusted stop losses and profit targets.
4. Multi-Timeframe Cloud Filter:
EMA-based cloud layers help filter out noise and identify confluences across short, medium, and long periods.
Provides visual structure to understand price dynamics more effectively.
5. Standard Deviation (SD) Bands:
Upper and Lower SD zones serve as potential reversal or breakout levels based on price volatility.
6. RSI Dashboard:
Relative Strength Index with real-time visualization of RSI levels, overbought/oversold zones, and current momentum.
Compact RSI table positioned in the top-right for quick reference.
7. Dynamic Fibonacci Levels:
Automatically detects recent swing highs and lows to plot relevant Fibonacci retracement levels for added confluence.
8. Intuitive UI:
Color-coded labels and table visuals enhance readability.
No repainting logic ensures real-time reliability and consistency in signals.
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Disclaimer:
This script is intended for educational and informational purposes only. It does not constitute financial advice or guarantee profitability. Always do your own research and risk analysis before entering any trade. Past performance is not indicative of future results.
---
Important Note:
This is an invite-only indicator. Access is granted at the discretion of the author. Unauthorized redistribution or reselling is strictly prohibited.
BUY_SELL_RSI_USDT.D📊 Indicator Overview:
This script is an advanced RSI (Relative Strength Index) indicator for the BTCUSDT pair, offering:
Customizable RSI settings
Smoothing with various Moving Averages and optional Bollinger Bands
Regular bullish and bearish divergence detection
Alert conditions for divergence signals
⚙️ RSI Calculation:
rsiLengthInput: Custom RSI length (default: 32)
rsiSourceInput: Custom source (default: close)
Uses a modified RSI formula based on Wilder’s method (via ta.rma)
RSI Lines and Background:
Upper bands: 65 and 75
Lower bands: 35 and 45
Midline: 50
A colored background fill between upper and lower bands improves visual clarity.
📈 Smoothing and MA Options:
User can choose between multiple types of moving averages:
SMA, EMA, WMA, VWMA, RMA (SMMA), or no smoothing.
Optionally, if "SMA + Bollinger Bands" is selected:
Bollinger Bands are drawn around the smoothed RSI.
bbMultInput controls the standard deviation multiplier.
🔍 Divergence Detection:
Only active if calculateDivergence = true.
Regular bullish divergence:
Price makes a lower low
RSI makes a higher low
Regular bearish divergence:
Price makes a higher high
RSI makes a lower high
Uses pivotlow() and pivothigh() to detect swing points.
Highlights divergence points with:
Lines on the RSI chart
Label markers ("Bull" or "Bear")
🚨 Alert Conditions:
Alerts are created for both types of divergence:
Regular Bullish Divergence
Regular Bearish Divergence
Alerts notify you when a new divergence is detected based on lookback.
✅ Strengths:
Highly customizable for different trading styles.
Clean visualization with multiple overlays.
Reliable divergence logic with clear signals.
Includes Bollinger Bands for volatility-based analysis on RSI.
⚠️ Possible Improvements:
Hidden Divergence Support (not currently included)
RSI Plot is Commented Out – consider re-enabling it for clarity:
pinescript
Kopyala
Düzenle
plot(rsi, "RSI", color=#7E57C2)
Dynamic Lookback Input – allow the user to set lookbackLeft and lookbackRight as inputs.
BUY_SELL_RSI_(BTCUSDT)📊 Indicator Overview:
This script is an advanced RSI (Relative Strength Index) indicator for the BTCUSDT pair, offering:
Customizable RSI settings
Smoothing with various Moving Averages and optional Bollinger Bands
Regular bullish and bearish divergence detection
Alert conditions for divergence signals
⚙️ RSI Calculation:
rsiLengthInput: Custom RSI length (default: 32)
rsiSourceInput: Custom source (default: close)
Uses a modified RSI formula based on Wilder’s method (via ta.rma)
RSI Lines and Background:
Upper bands: 65 and 75
Lower bands: 35 and 45
Midline: 50
A colored background fill between upper and lower bands improves visual clarity.
📈 Smoothing and MA Options:
User can choose between multiple types of moving averages:
SMA, EMA, WMA, VWMA, RMA (SMMA), or no smoothing.
Optionally, if "SMA + Bollinger Bands" is selected:
Bollinger Bands are drawn around the smoothed RSI.
bbMultInput controls the standard deviation multiplier.
🔍 Divergence Detection:
Only active if calculateDivergence = true.
Regular bullish divergence:
Price makes a lower low
RSI makes a higher low
Regular bearish divergence:
Price makes a higher high
RSI makes a lower high
Uses pivotlow() and pivothigh() to detect swing points.
Highlights divergence points with:
Lines on the RSI chart
Label markers ("Bull" or "Bear")
🚨 Alert Conditions:
Alerts are created for both types of divergence:
Regular Bullish Divergence
Regular Bearish Divergence
Alerts notify you when a new divergence is detected based on lookback.
✅ Strengths:
Highly customizable for different trading styles.
Clean visualization with multiple overlays.
Reliable divergence logic with clear signals.
Includes Bollinger Bands for volatility-based analysis on RSI.
⚠️ Possible Improvements:
Hidden Divergence Support (not currently included)
RSI Plot is Commented Out – consider re-enabling it for clarity:
pinescript
Kopyala
Düzenle
plot(rsi, "RSI", color=#7E57C2)
Dynamic Lookback Input – allow the user to set lookbackLeft and lookbackRight as inputs.
Day and Session Highlighter (UTC)Day and Session Highlighter (UTC Forced)", is designed to overlay your chart and display both session background colors and informative labels at the start of each trading session—all calculated in UTC. The script targets four distinct sessions: AU (Australia), Asia (Singapore/Hong Kong/JP), Europe, and New York. In addition to session highlighting, it displays labels that combine the UTC day-of‑week and the session’s starting time. All elements are configurable via on-screen toggles.
Prop Firm Guard: Risk & Sizing Tracker by TFTProp Firm Guard: Risk & Sizing Tracker by TFT
Overview:
This script is designed to help prop firm traders stay within risk rules and avoid emotional overtrading. It tracks your max loss limits, daily loss rules, and gives real-time position sizing suggestions based on your account status.
This tool is especially helpful for newer traders navigating prop firm challenges and rules like trailing drawdowns and daily stopouts.
Key Features:
✅ Real-time tracking of max loss and daily loss limits
✅ Supports both Intraday and End-of-Day (EOD) drawdown styles
✅ Calculates remaining “distance” to max/daily loss levels
✅ Automatically locks max loss once it trails up to starting balance
✅ Provides smart, tier-based position sizing suggestions (5%–50%)
✅ Shows profit target progress and live daily P&L
Use Case Example:
Let’s say you’re trading a $50,000 prop account with a $2,000 max drawdown limit.
If you're using Intraday Drawdown:
• You start the day at $50,000.
• During the day, your balance grows to $51,000 (including unrealized profits).
• The drawdown logic will trail this intraday high — so your new max loss limit becomes $49,000 (51K - 2K).
• If your balance drops to $49,400, this tool will show you’re $400 away from breaching the limit.
• Sizing suggestions will adjust accordingly to keep you in a safe range.
If you're using End-of-Day (EOD) Drawdown:
• The same scenario (account grows to $51,000 intraday) won’t affect your max loss limit immediately.
• EOD drawdown is only updated based on your end-of-day closing balance.
• So even if you hit $51K intraday, your max loss limit still remains at $48,000 (50K - 2K) until the trading day closes and updates your best equity.
• This mode offers more flexibility during the day — and the tool reflects this in how it calculates distances and sizing.
📌 It will then suggest a conservative sizing range — maybe 5–10% of your allowed contract size — until you're safer again.
📌 Make sure you update your current balance after each trade and follow your risk settings.
Inputs Explained (with Tips):
• Overall Account Starting Balance: Your full prop account size (e.g., 50000 or 100000, 150000, 300000, so on)
• Day Start Balance: What your balance was when the trading day started
• Daily Max Loss: How much you’re allowed to lose in one day (used only for EOD drawdown)
• Daily Profit Target: Your goal for the day (e.g., 500 or 1000 or so on)
• Allowed Overall Drawdown: Usually 4% for prop firms — like 2000 on 50K, or 6000 on 300K
• Drawdown Mode:
→ Intraday: Includes floating/unrealized profits in drawdown logic
→ EOD: Uses only end-of-day equity for drawdown logic
• Best Day High: Your highest balance to date. If not above your starting balance, this is ignored
• Intraday High (Manual): Optional override if your peak balance isn’t same as equity (used only for intraday drawdown mode)
• Current Equity: Update this during the session to reflect your live balance — everything else updates automatically
What You’ll See on the Chart:
🟩 Equity Section: Start balance, current balance, intraday high, best day high
🟥 Risk Section:
• Max loss limit (based on trailing logic)
• Distance from current balance to that limit
• Daily loss limit and distance (EOD mode only)
🟦 Performance Metrics:
• Daily P&L in $ and %
• Progress to profit target (shows ✅ Accomplished when goal is hit)
📦 Sizing Suggestion:
Based on how close you are to a drawdown breach, and your total drawdown tier.
Ranges from ⚠️ 5–10% to ✅ 40–50% of your max allowed contract size.
Who It's Best For:
• Built and optimized for 50K prop firm accounts
• Works well with 100K, 150K, or even 300K — but the sizing logic is most precise at 50K
• Best suited for futures or forex prop firm traders using account challenge-style rules
Manual Input Required:
Due to TradingView limitations, we cannot read your actual trades or live balance.
You'll need to update the Current Equity field yourself — but the rest is auto-calculated from there.
Most inputs (like overall balance and drawdown) are set once and rarely changed.
Beta Notice:
This tool is currently in beta and under testing. It's free for now and designed to help the trading community — but accuracy may vary.
Please send feedback if you'd like to suggest improvements or report bugs.
Disclaimer:
This tool is for educational purposes only and does not provide trading advice or signal any trades.
Always trade according to your firm’s rules. The author is not responsible for losses resulting from use of this script.
4 Simple Moving Averages50 day SMA - Key support level in a long term uptrend.
100 day SMA - A big price dip inside a long term uptrend.
200 day SMA - A key signal of the end of an uptrend or downtrend.
250 day SMA - The return to true value zone.
Crossovers:
50 day SMA / 200 day SMA Crossover - Golden Crossover - Long-Term Trend.
Automated Trading Session Adjustments (Timezone & DST Aware)Automated Trading Session Adjustments (Timezone & DST Aware)
Optimize your trading setup with this advanced, fully automated session management tool. This script automatically adjusts your trading session times based on your selected timezones and accounts for daylight saving time changes—ensuring your chart always reflects the correct market hours.
Key Features:
Automated Timezone & DST Adjustments:
Configure your trading sessions once, and the script will automatically adjust for both timezone differences and daylight savings, saving you precious time.
Customizable Session Times:
Set your preferred trading hours for the ICT London Killzone (default: 07:00–10:00 London Time). The premium version unlocks an additional New York Killzone (default: 08:00–09:30 New York Time) for even more in-depth market analysis.
Visual Session Tracking:
The script automatically tracks the highest and lowest candles during each session and draws dynamic boxes around these key levels once each session ends—helping you quickly identify critical support and resistance levels.
Premium Dual-Session Feature:
Free users enjoy full functionality for the ICT London session. To access the premium New York Killzone session and other advanced features, simply message me directly to receive your license key upgrade. There’s no website—just send a TradingView message, and we’ll get you set up!
Why Use This Script?
Efficiency:
Spend less time manually adjusting session times and more time focusing on trading.
Enhanced Market Analysis:
Visual session boxes and high/low tracking provide you with clear insights into key market levels.
Easy Upgrade Process:
Test the free version, and when you’re ready to advance your trading strategy, contact me directly for the premium license key and unlock enhanced features.
Transform your trading workflow with automated session adjustments and precise visual analysis. Message me directly through TradingView to upgrade and access the full premium features!
Super Wick Volumized Rejection/Reversal @MaxMaserati**Super Wick Volumized Rejection/Reversal @MaxMaserati** 🚀
**Overview**: The "MMM Super Wick Volumized Rejection/Reversal" indicator spots key candlestick wicks with high volume to catch potential reversals or continuations. It overlays charts with lines, labels, and an info panel, with customizable timeframe analysis, signal confirmation, and bar coloring. 📊
**Key Features**:
- **Wick Analysis** 🕯️: Detects big upper/lower wicks using a wick-to-body ratio (default 1.2x) and volume thresholds (high: 1.5x, medium: 1.0x, low: 0.7x avg volume).
- **Signals** 🚦: Creates Buy, Sell, Exit Long, Exit Short, and Weak signals, with optional confirmation via follow-up candle.
- **Timeframe Flexibility** ⏰: Analyzes user-selected or chart timeframe (default: chart).
- **Visuals** 🎨: Draws lines at high/low, open/close, midpoints, and significant wicks, with custom colors, widths, and labels.
- **Bar Coloring**🎨 : Colors bars by wick type (bullish/bearish) and volume strength.
- **Info Panel** ℹ️: Shows market bias, signal status, volume, and wick details (position, size adjustable).
- **Line Management** 🧹: Caps displayed candles (default: 3) and lines (max: 500), with a one-time clear option.
- **Alerts** 🔔: Triggers on confirmed signals (Buy, Sell, Exit Long, Exit Short).
**Inputs** ⚙️:
- **Timeframe** ⏳: Pick analysis timeframe or use chart default.
- **Analysis** 🔍: Lookback period (default: 20), volume thresholds, wick-to-body ratio, confirmation toggle.
- **Display** 🖼️: Toggle lines (high/low, open/close, midpoints, significant wicks), bar coloring (wick/volume-based).
- **Labels** 🏷️: Show/hide labels, set text color/size.
- **Info Panel** 📋: Enable/disable, set position (top_right default), text size, wick details.
- **Line Management** 📏: Line extension (50 bars), candles analyzed (21), visible lines (3), clear all toggle.
- **Colors/Widths** 🎨: Customize lines and wicks (high/low, body, midpoints, significant wicks).
**How It Works** 🛠️:
1. Finds significant wicks (upper/lower) by size vs. body and avg wick length. 🔎
2. Checks volume to rate strength (high, medium, low). 📈
3. Generates signals: Buy (bullish, lower wick, high volume) 📈, Sell (bearish, upper wick, high volume) 📉, Exit (trend weakness) ⚠️, Weak (low volume wicks) ❓.
4. Draws lines at key levels (high/low, open/close, midpoints) and significant wicks, with labels. ✏️
5. Colors bars to show wick type and volume. 🖌️
6. Displays live data in an info panel: trend, signal, volume, wick stats. 📑
7. Keeps line count low, clearing old ones to stay within limits. 🗑️
**Usage** 🎯:
- Apply to any chart for reversal/continuation signals. 📅
- Adjust timeframe for wide/granular views. 🔧
- Use confirmation for safer trades. ✅
- Customize visuals for clarity (lines, colors, panel). 🖥️
- Set alerts for signal notifications. 📢
**Notes** 💡:
- Shines in volatile markets with clear wicks. ⚡
- Confirmation cuts false signals but slows entries. ⏲️
- Tune inputs for specific assets/timeframes. 🛠️
- Clear lines occasionally for smooth performance. 🧼
- Test and retest beofre incorporate it in your strategy
IntraDay Zones - RaulAfisari si configurari sesiuni de tranzactionare de tip IntraDay (1-3 sesiuni disponibile)
RSI Divergence w/ Visuals + Candle ConfirmationStrategy Blueprint: RSI Divergence Reversal (1H Timeframe)
RSI Period: 10
Timeframe: 1H
Entry Logic:
Bullish Divergence:
Price makes a lower low
RSI makes a higher low
RSI is below 30 before turning upward
Bearish Divergence:
Price makes a higher high
RSI makes a lower high
RSI is above 70 before turning downward
Exit Logic:
Fixed stop loss (e.g., 40 pips)
Fixed take profit (e.g., 80 pips)
Plot divergence lines:
Green for bullish divergence
Red for bearish divergence
Candlestick confirmation:
Bullish divergence triggers only if there's a bullish candle (close > open)
Bearish divergence triggers only if there's a bearish candle (close < open)
LKS VOLATILIDADE GRINGOVolatility Amplitude developed by Lukas Guimarães.
It's not support and resistance, if you don't know how to use it, contact the developer!
Insta: www.instagram.com
Rotation Phase TriggerHow to Use the Full Rotation Phase Trigger Tool (non-floating version)
This version is ideal for macro-level market context, helping you decide when to rotate between growth, income, and defensive positions using visual cues directly on the chart.
🧱 Components Recap (Non-Floating Version)
ROC Histograms:
SPY:TLT ROC (green bars): Measures equity strength vs. bonds
QQQ:XLU ROC (blue bars): Measures growth vs. defensive rotation
EMA Trend Filter:
Uses a fast/slow EMA crossover on both ratios to confirm the trend
When both are rising → confirms GROWTH phase
Phase Background Colors:
🟩 Green = GROWTH
🟧 Orange = INCOME
🟥 Red = DEFENSIVE
No color = NEUTRAL
Instruction Labels:
Show what sectors to add and what to sell (with ETF tickers)
Alert Conditions:
Can be linked to email, SMS, or app notifications
Triggered when phase changes
✅ Weekly Workflow
Every Monday (or Weekend Prep)
1. Open SPY on a Weekly Chart
This tool is designed around the U.S. equity vs bond regime
Always keep SPY as the main chart for best alignment
2. Check the Background Color
Instantly tells you what regime you're in:
Green → rotate into growth ETFs
Orange → stick to or buy income-generating ETFs
Red → get defensive, raise cash, or buy bond/hedge ETFs
3. Read the Labels
Top label = phase status (e.g., GROWTH)
Bottom label = action instructions:
What ETFs to accumulate (MTUM, VUN, HYLD, etc.)
What sectors or funds to rotate out of
4. Look at Momentum Histograms
Confirms whether the regime shift is gaining strength
Larger bars = stronger conviction
Diverging directions? Wait for confirmation
🔁 Tactical Rotation Plan
Phase Add Trim/Sell
GROWTH MTUM, VUN, XMTM, HXS, VTI HYLD, HHIS, HPYT
INCOME HYLD, HHIS, QQQY, DFN, DGS MTUM, VUN
DEFENSIVE HPYT, HPYT.U, ZGLD, GDE All equities
NEUTRAL Nothing new, rebalance if needed Excess risk positions
🔔 Alert Setup (Optional)
You can create alerts in TradingView using:
Right-click chart → "Add Alert"
Use condition: "Rotation Phase Trigger" → "GROWTH" / "INCOME" / "DEFENSIVE"
Choose notification method (popup, app, email, etc.)
💡 Pro Tips
Use this version on SPY weekly only — for best signal clarity
BUY_SELL3(BTCUSDT)BUY_SELL2(USDT.D) ile beraber kullanılmalıdır ve çift ekran ile takibi yapılmalıdır.
📊 Indicators Used:
trendScore: Measures trend by calculating EMA of low - hlcc4 .
signalLine: SMA of the trendScore.
📈 Buy Signal Condition:
trendScore > signalLine
10 bars ago, trendScore was below the signal line
trendScore < negGood (i.e., not too strong yet)
📋 What It Does:
Checks 1 selected symbols.
If buy conditions are met, it displays the symbol in a green-colored table.
On the main chart, it adds a "BUY" label and a green line at the signal point.
Kötülere nasib olmasın iyilere nasib olsun ve Nasibi olanlara hayırlı olsun.
Hamid Double RSIRSI with Moving Average and Another RSI
This script combines two Relative Strength Index (RSI) indicators with configurable moving averages. It allows traders to track momentum and market strength with adjustable periods for both the RSI and moving averages. The script also allows you to choose different data sources for each RSI, offering flexibility in analysis.
Features:
Two RSIs: One with a shorter period and another with a longer period .
Moving Averages: Each RSI has its own configurable moving average . The moving averages help smooth out the RSI and provide clearer trends.
Customizable Inputs: Adjust the RSI period and the length of the moving averages. You can also choose different sources for each RSI (e.g., close, open, high, low).
Mid Line: A horizontal line at 50, which is commonly used as the neutral level for the RSI. It helps identify whether the RSI is above or below neutral, indicating bullish or bearish conditions.
Overbought and Oversold Levels: Horizontal lines at 70 (overbought) and 30 (oversold) to highlight when the asset might be overbought or oversold according to the RSI.
How it works:
RSI Calculation: The script calculates two RSIs using different lengths
Moving Averages: A Simple Moving Average (SMA) is applied to both RSIs to smooth their values and help identify trends.
Overbought/Oversold Indicators: The script includes horizontal lines at 70 and 30 to show overbought and oversold conditions. The mid line is plotted at 50 to highlight neutral levels.
This indicator is useful for traders who want to compare the behavior of two RSIs over different time periods and use the moving averages to filter out noise. The ability to customize the source data for each RSI makes this script adaptable to different trading strategies.
Jack's ADX with alertsJack's ADX indicator with alerts showing when value increases by variable percentage change from previous value.
CCI Divergence Indicatorthis is the cci indicator. we add some more options for it and now you can see the divergence on it and set alert for that . you can set the options for chandelles and timeframes.
