The Parabolic RSI is a fusion between two of Welles Wilder Jr.'s indicators:
* The parabolic stop-and-reverse: A trend following overlay indicator.
* The relative strength index: A contrarian indicator bounded between 0 and 100.
The parabolic RSI applies the RSI formula on the parabolic stop-and-reverse which in turn is applied on the market price. The main aim...
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The 'Bitcoin Power Law Bands' indicator is a set of three US dollar price trendlines and two price bands for bitcoin , indicating overall long-term trend, support and resistance levels as well as oversold and overbought conditions. The magnitude and growth of the middle (Center) line is determined by double logarithmic (log-log) regression on the...
Strategy based on EMA and EMA Oscilator
(EMA - close) + Std Dev + Factor = detecting oversell/overbuy
Long only!
Pyramiding - sometimes, depends on ...
There're 2 enter strategies in one script:
1 - Classic, buy on entering to OverSell zone (more profitable ~> 70%)
2 - Crazy, buy on entering to OverBuy zone (catching trend and pyramiding, more net profit)
Exit...
About this indicator:
- This indicator is basically a stochastic indicator that shows to you the crossover in an Overbought or Oversold area DIRECTLY on the chart
How does it works:
- When Stochastic crosses at Oversold area, a Blue Triangle will appear below the candle with a Blue Dotted Line at the low of the current candle
- The Blue Triangle is to help you to...
The Projection Oscillator was created by Mel Widner (Stocks and Commodities Jul 1995) and this is another hidden gem that is of course a great complementary indicator to my previous Projection Bands . I would recommend to use both on the same chart so you get the full array of information. This indicator tells you where the current price falls between the bands...
The Mobility Oscillator was created by Mel Widner (Stocks and Commodities Feb 1996) and this is another of my ongoing series of undiscovered gems. I would say this is probably the most complicated script I have written for an indicator. It is extremely complicated to calculate comparing to other indicators but this is essentially an overbought and oversold...
The Relative Strength Exponential Moving Average was created by Vitali Apirine (Stocks and Commodities Jan 2022 pgs 22-25) and this is a handy moving average that combines a typical overbought/oversold mechanic with an overall trend indicator. Even though the typical length is so large it reacts extremely quickly when the stock becomes overbought or oversold....
The following indicator aims to return information over RSIs using multiple periods, including the percentage of RSIs of different periods being overbought/oversold, as well as the average between these multiple RSIs.
The percentage of RSIs of different periods being overbought/oversold is additionally used to return adaptive overbought/oversold levels.
...
█ OVERVIEW
This indicator displays Cyclic Relative Strength Index based on Decoding the Hidden Market Rhythm, Part 1 written by Lars von Thienen.
To determine true or false for Overbought / Oversold are unnecessary, therefore these should be either strong or weak.
Noise for weak Overbought / Oversold can be filtered, especially for smaller timeframe.
█ FEATURES
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Updating an older concept here with some more oversold/overbought zones.
Pretty self explanatory, red zone indicate overbought zones and green zone is a oversold. Often, price likes to bounce off of the lower bounds of these zones, but it can sometimes extend all the way through the zone onto the upper boundary.
There are many lines to this indicator, i prefer...
My first script. Based on RSI , CCI , RVI, and MFI . You can customize overbought or oversold thresholds for any indicator.
If you have any ideas - welcome.
Disclaimer
This is not financial advice. Trade on your own risk.
The Stochastic Relative Vigor Index was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pgs 84-89) and this of course is very similar to the Ehlers Fisher Stochastic Relative Vigor Index I just published. In hindsight I probably should have published this one first but just like with the other script this is a stochastic version of a Relative...
The Fisher Stochastic Relative Vigor Index was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pgs 101-104) and this is a many layered indicator created from his original Relative Vigor Index turned into a stochastic and then performing a Fisher transform on the results. I have included extra smoothing to provide clearer buy and sell signals as...
This indicator shows overbought and oversold zones. Can be used on all time frames. I personally use 15m - 30m.
How to apply ?:
- There can be many strategies for use! I use this indicator to buy an asset in the green zone and then sell it in the middle of the channel or in the red zone.
- I strongly advise against entering counter-trend positions in a growing...
The RSI is a very popular indicator that follows price activity.
It calculates an average of the positive net changes, and an average
of the negative net changes in the most recent bars, and it determines
the ratio between these averages. The result is expressed as a number
between 0 and 100. Commonly it is said that if the RSI has a low value,
for example, 30 or...
I took a concept similar to the "Adaptive RSI" to get the RSI overlaid on a price chart. The problem I have with the Adaptive RSI is to me it sticks too closely to price. I wanted something much more visually helpful that can provide actual tradable signals and strategies.
The orange line you are seeing is the "RSI Trend Line"
The further the RSI moves away...
This indicator is a copy of my RSI Overbought/Oversold Divergence Indicator with-Alerts
Only difference is that the alerts are disabled, instead it uses tradingviews strategy tester signals
If you want alerts just use the other indicator
![AMD: STR:EMA Oscilator [Azzrael]](https://s3.tradingview.com/f/fS0O2J8J_mid.png "STR:EMA Oscilator [Azzrael]")
![AAPL: Projection Oscillator [CC]](https://s3.tradingview.com/0/0jbAvmb0_mid.png "Projection Oscillator [CC]")
![AAPL: Mobility Oscillator [CC]](https://s3.tradingview.com/i/IeCrPw1E_mid.png "Mobility Oscillator [CC]")
![AAPL: Relative Strength Exponential Moving Average [CC]](https://s3.tradingview.com/w/wM4de9Fz_mid.png "Relative Strength Exponential Moving Average [CC]")
![BTCUSD: RSI Multi Length [LuxAlgo]](https://s3.tradingview.com/1/1O935I6Y_mid.png "RSI Multi Length [LuxAlgo]")
![BTCBUSD: 34 EMA Bands [v2]](https://s3.tradingview.com/y/yI6tSeTw_mid.png "34 EMA Bands [v2]")
![AAPL: Ehlers Stochastic Relative Vigor Index [CC]](https://s3.tradingview.com/v/vstoWlpk_mid.png "Ehlers Stochastic Relative Vigor Index [CC]")
![AAPL: Ehlers Fisher Stochastic Relative Vigor Index [CC]](https://s3.tradingview.com/v/vGWGjnc4_mid.png "Ehlers Fisher Stochastic Relative Vigor Index [CC]")
