DataDoodles RSI Screener - ForexDataDoodles RSI Screener - Forex
📌 Overview
The DataDoodles RSI Screener is a powerful multi-symbol RSI analyzer designed for Forex traders. This script provides an intuitive visual representation of the Relative Strength Index (RSI) across multiple Forex pairs, allowing traders to quickly identify overbought/oversold conditions, trends, and momentum shifts.
📌 Key Features
✅ Multi-Symbol RSI Screener – Monitors RSI across 40 major Forex pairs in a single view.
✅ Custom RSI Source – Choose between Price, OBV, or Open Interest as the RSI calculation source.
✅ Multiple Timeframes Support – Customize RSI timeframe for a multi-timeframe analysis.
✅ Gradient Coloring & Heatmap – Dynamic color coding makes it easy to spot strong and weak RSI levels.
✅ RSI Change Lines – Tracks previous RSI values to show historical momentum shifts.
✅ Group Average RSI Mode – Aggregates RSI values to generate a market-wide sentiment index.
✅ Customizable Display Options – Adjust label spacing, offsets, and appearance settings for personalized visualization.
✅ Interactive Table Header – Displays timeframe, RSI length, and source information for quick reference.
✅ Support & Resistance Levels – Plots RSI-based support/resistance zones to highlight potential trading opportunities.
📌 How to Use
1️⃣ Add the script to your chart (select a Forex pair, but the screener will analyze multiple pairs).
2️⃣ Configure settings like RSI length, source, timeframe, and visualization preferences.
3️⃣ Observe RSI trends, heatmap colors, and screener labels to identify market opportunities.
4️⃣ Use the Group Average RSI mode to assess overall market strength.
📌 Ideal For
✔ Forex traders looking for a quick RSI screener across multiple pairs.
✔ Swing & day traders who use RSI-based strategies to time entries and exits.
✔ Anyone who wants a visual & easy-to-read RSI dashboard.
🔥 Upgrade your Forex trading with the DataDoodles RSI Screener! 🚀
Índice de Força Relativa (RSI)
TRENDOGRAPH-GenAIIntroduction
Unlock the power of early trend detection with TRENDOGRAPH! This flexible and customizable indicator, developed with unique logic and AI support, leverages advanced prediction methods to provide early buy/sell signals, setting it apart from traditional indicators.
Key Features
MACD Histogram: Measures momentum changes.
MACD Reversal: Detects potential trend reversals.
RSI: Identifies overbought or oversold conditions.
Ichimoku: Analyzes support and resistance levels.
Stochastic: Highlights potential price reversals.
Supertrend: Confirms trend direction.
Customization
Adjust the weights of each indicator to find the most accurate combination for your trading strategy. Experiment with different parameters to optimize performance for various assets.
Warnings!
Each chart has unique characteristics.
Use different parameters for crypto and stocks for maximum accuracy.
Validate parameter weights and threshold levels with historical data for each asset.
This tool is designed to help you create your own unique indicator, not as a standalone solution.
Disclaimer: Use at your own risk. This indicator is for testing and comparison purposes only.
RSI [ClémentCrypto]📊 RSI Indicator with Dynamic Signals
🎯 A customizable RSI indicator combining preset and custom settings for optimal trading signals.
✨ Features:
• 🔄 Preset mode with optimized levels
• ⚙️ Custom mode: Fully adjustable parameters
• 🎨 Modern color scheme with clear visual signals
• 💡 Automatic long/short entry points
⚡ Best results on D1, H4, H1 timeframes
🇫🇷
📈 Indicateur RSI combinant paramètres préréglés et personnalisables pour des signaux de trading optimisés. Système de coloration dynamique et alertes visuelles.
⏰ Fonctionne mieux sur D1, H4, H1
RSI Failure Swing Pattern (with Alerts & Targets)RSI Failure Swing Pattern Indicator – Detailed Description
Overview
The RSI Failure Swing Pattern Indicator is a trend reversal detection tool based on the principles of failure swings in the Relative Strength Index (RSI). This indicator identifies key reversal signals by analyzing RSI swings and confirming trend shifts using predefined overbought and oversold conditions.
Failure swing patterns are one of the strongest RSI-based reversal signals, initially introduced by J. Welles Wilder. This indicator detects these patterns and provides clear buy/sell signals with labeled entry, stop-loss, and profit target levels. The tool is designed to work across all timeframes and assets.
How the Indicator Works
The RSI Failure Swing Pattern consists of two key structures:
1. Bullish Failure Swing (Buy Signal)
Occurs when RSI enters oversold territory (below 30), recovers, forms a higher low above the oversold level, and finally breaks above the intermediate swing high in RSI.
Step 1: RSI dips below 30 (oversold condition).
Step 2: RSI rebounds and forms a local peak.
Step 3: RSI retraces but does not go below the previous low (higher low confirmation).
Step 4: RSI breaks above the previous peak, confirming a bullish trend reversal.
Buy signal is triggered at the breakout above the RSI peak.
2. Bearish Failure Swing (Sell Signal)
Occurs when RSI enters overbought territory (above 70), declines, forms a lower high below the overbought level, and then breaks below the intermediate swing low in RSI.
Step 1: RSI rises above 70 (overbought condition).
Step 2: RSI declines and forms a local trough.
Step 3: RSI bounces but fails to exceed the previous high (lower high confirmation).
Step 4: RSI breaks below the previous trough, confirming a bearish trend reversal.
Sell signal is triggered at the breakdown below the RSI trough.
Features of the Indicator
Custom RSI Settings: Adjustable RSI length (default 14), overbought/oversold levels.
Buy & Sell Signals: Buy/sell signals are plotted directly on the price chart.
Entry, Stop-Loss, and Profit Targets:
Entry: Price at the breakout of the RSI failure swing pattern.
Stop-Loss: Lowest low (for buy) or highest high (for sell) of the previous two bars.
Profit Targets: Two levels calculated based on Risk-Reward ratios (1:1 and 1:2 by default, customizable).
Labeled Price Levels:
Entry Price Line (Blue): Marks the point of trade entry.
Stop-Loss Line (Red): Shows the calculated stop-loss level.
Target 1 Line (Orange): Profit target at 1:1 risk-reward ratio.
Target 2 Line (Green): Profit target at 1:2 risk-reward ratio.
Alerts for Trade Execution:
Buy/Sell signals trigger alerts for real-time notifications.
Alerts fire when price reaches stop-loss or profit targets.
Works on Any Timeframe & Asset: Suitable for stocks, forex, crypto, indices, and commodities.
Why Use This Indicator?
Highly Reliable Reversal Signals: Unlike simple RSI overbought/oversold strategies, failure swings filter out false breakouts and provide strong confirmation of trend reversals.
Risk Management Built-In: Stop-loss and take-profit levels are automatically set based on historical price action and risk-reward considerations.
Easy-to-Use Visualization: Clearly marked entry, stop-loss, and profit target levels make it beginner-friendly while still being valuable for experienced traders.
How to Trade with the Indicator
Buy Trade Example (Bullish Failure Swing)
RSI drops below 30 and recovers.
RSI forms a higher low and then breaks above the previous peak.
Entry: Buy when RSI crosses above its previous peak.
Stop-Loss: Set below the lowest low of the previous two candles.
Profit Targets:
Target 1 (1:1 Risk-Reward Ratio)
Target 2 (1:2 Risk-Reward Ratio)
Sell Trade Example (Bearish Failure Swing)
RSI rises above 70 and then declines.
RSI forms a lower high and then breaks below the previous trough.
Entry: Sell when RSI crosses below its previous trough.
Stop-Loss: Set above the highest high of the previous two candles.
Profit Targets:
Target 1 (1:1 Risk-Reward Ratio)
Target 2 (1:2 Risk-Reward Ratio)
Final Thoughts
The RSI Failure Swing Pattern Indicator is a powerful tool for traders looking to identify high-probability trend reversals. By using the RSI failure swing concept along with built-in risk management tools, this indicator provides a structured approach to trading with clear entry and exit points. Whether you’re a day trader, swing trader, or long-term investor, this indicator helps in capturing momentum shifts while minimizing risk.
Would you like any modifications or additional features? 🚀
RSI Divergence GFSThis indicator is meant to highlight RSI zones along with divergence with price. This helps to identify which zone RSI currently belongs to.
Gold Liquidity & Momentum Bot✅ Detects liquidity grabs (swing highs/lows)
✅ Confirms momentum shifts (RSI & VWAP conditions)
✅ Limits trades to 4 per day
✅ Uses a risk-reward ratio of 3:1
✅ Executes trades silently
RSI Signal with filters by S.Kodirov📌 English
RSI Signal with Multi-Timeframe Filters
This TradingView indicator generates RSI-based buy and sell signals on the 15-minute timeframe with additional filtering from other timeframes (5M, 30M, 1M).
🔹 Signal Types:
✅ 15/5B & 15/5S – RSI 15M filtered by 5M
✅ 15/30/1B & 15/30/1S – RSI 15M filtered by 30M & 1M
✅ 15B & 15S – RSI 15M without filters
🔹 How It Works:
Signals are displayed as colored triangles on the chart.
Labels indicate the type of signal (e.g., 15/5B, 15S).
Alerts notify users when a signal appears.
🚀 Best for short-term trading with RSI confirmation from multiple timeframes!
📌 Русский
Индикатор RSI с мульти-таймфрейм фильтрами
Этот индикатор для TradingView генерирует сигналы покупки и продажи на 15-минутном таймфрейме, используя фильтрацию с других таймфреймов (5M, 30M, 1M).
🔹 Типы сигналов:
✅ 15/5B & 15/5S – RSI 15M с фильтром 5M
✅ 15/30/1B & 15/30/1S – RSI 15M с фильтрами 30M и 1M
✅ 15B & 15S – RSI 15M без фильтров
🔹 Как это работает:
Сигналы отображаются как цветные треугольники на графике.
Подписи показывают тип сигнала (например, 15/5B, 15S).
Алерты уведомляют трейдера о появлении сигнала.
🚀 Идеально для краткосрочной торговли с подтверждением RSI на нескольких таймфреймах!
📌 O'zbekcha
Ko'p vaqt oralig‘idagi RSI signallari
Ushbu TradingView indikatori 15 daqiqalik vaqt oralig‘ida RSI asosida sotib olish va sotish signallarini yaratadi. Bundan tashqari, boshqa vaqt oralig‘idagi (5M, 30M, 1M) RSI filtrlarini ham hisobga oladi.
🔹 Signal turlari:
✅ 15/5B & 15/5S – 5M bilan filtrlangan RSI 15M
✅ 15/30/1B & 15/30/1S – 30M va 1M bilan filtrlangan RSI 15M
✅ 15B & 15S – Filtrsiz RSI 15M
🔹 Qanday ishlaydi?
Signallar rangli uchburchaklar shaklida ko‘rsatiladi.
Yozuvlar signal turini ko‘rsatadi (masalan, 15/5B, 15S).
Xabarnomalar yangi signal paydo bo‘lganda treyderni ogohlantiradi.
🚀 Ko‘p vaqt oralig‘ida RSI tasdig‘i bilan qisqa muddatli savdo uchun ideal!
Advanced Long/Short Signal Analyzerarkadaşlar merhaba yeni indikatörümüz üzerinde testlerimiz devam etmektedir.
indikatörümüzün özellikleri;
-long ve short oranlarını ve rsı değerini bir bilgi kutusu içerisinde söyler.
-ani sinyal değişimleri yaşanmaz ancak hassas ve dinamiktir.
telegram iletişim=@efsaneborsasohbet
telegram iletişim-2=@efsaneborsaanaliz
not!
=tüm sorumluluk size aittir.işlemlerden oluşabilcek tüm zararlar size aittir.sorumluluk kabul edilmemektedir.yatırım tavsiyesi niteliğinde değildir.
RSI Reversal Alerts📌 สิ่งที่โค้ดนี้ทำ:
✅ ใช้ RSI 14 และสามารถเปลี่ยนค่าได้
✅ แจ้งเตือนทันทีที่สัญญาณเกิดขึ้น
✅ แสดง เส้น RSI, Overbought (52) และ Oversold (48) บนกราฟ
✅ เพิ่มลูกศร บอกจุดเข้าออก
RSI Divergence IndicatorThe Relative Strength Index (RSI) is a momentum indicator that measures the speed and change of price movements, typically ranging from 0 to 100. It helps identify overbought (above 70) and oversold (below 30) conditions in a market.
Bullish and Bearish Divergences:
Divergences occur when the RSI moves in the opposite direction of the price, signaling potential trend reversals.
Bullish Divergence (Reversal to the Upside)
Price makes a lower low, but
RSI makes a higher low
This suggests weakening selling pressure and a potential upward reversal.
Bearish Divergence (Reversal to the Downside)
Price makes a higher high, but
RSI makes a lower high
This indicates weakening buying pressure and a potential downward reversal.
Divergences are more reliable when combined with other indicators like support/resistance levels and volume analysis.
Money Printer V3 - BTC EMA Crossover Strategy🚀 Money Printer V3 - BTC EMA Crossover Strategy
📌 Overview
Money Printer V3 is a trend-following strategy designed to capture high-probability trades using EMA crossovers, MACD confirmation, RSI filtering, and ATR-based stop-losses. It helps traders identify strong momentum shifts and manage risk dynamically using a trailing stop-loss system.
This strategy is fully customizable and works on multiple timeframes, making it suitable for scalping, swing trading, or long-term trend following.
📊 How It Works
✅ Long Trades:
The fast EMA (default 20) crosses above the slow EMA (default 50).
RSI (default 14) is above 50, confirming trend strength.
MACD histogram is positive, showing bullish momentum.
(Optional) Volume filter confirms that a large amount of capital is moving into the trade.
✅ Short Trades:
The fast EMA crosses below the slow EMA.
RSI is below 50, signaling weakness.
MACD histogram is negative, confirming bearish momentum.
(Optional) Volume filter confirms that a sell-off has strong market participation.
✅ Risk Management:
ATR-based Stop-Loss: Automatically adjusts based on volatility.
Trailing Stop-Loss: Helps maximize profits by locking in gains as price moves in your favor.
Dynamic Position Sizing: Uses risk-based trade sizing to prevent overexposure.
📈 Backtesting & Strategy Settings
Tested on BTC/USD (4-hour timeframe) using realistic risk settings.
ATR-based stop-loss and trailing stop improve drawdown control.
Backtesting results may vary based on timeframe and market conditions.
⚠️ Risk Disclaimer
This strategy does not guarantee future profits. Past performance in backtesting does not predict future success.
Always use proper risk management and test strategies in a demo environment before trading live.
Adjust settings based on your risk tolerance and market conditions.
📌 How to Use
1️⃣ Add the script to your TradingView chart.
2️⃣ Adjust EMA, RSI, MACD, ATR, and Volume settings as needed.
3️⃣ Enable alerts to receive real-time buy/sell notifications.
4️⃣ Backtest on different timeframes to optimize performance.
5️⃣ Trade responsibly and monitor market conditions.
🔹 Strategy Type: Trend-Following
🔹 Best Used On: Crypto, Forex, and Stock Markets
🔹 Works On: Any timeframe (4H & 1D recommended for swing trading)
💡 Turn on Money Printer V3 and let the strategy do the work! 🚀
Momentum Fusion Overview:
"Momentum Fusion " is a sophisticated, multi-faceted momentum indicator that integrates several complementary technical analysis tools—RSI, Stochastic RSI, Cyclic RSI (cRSI), VWAP, Cumulative Volume Delta (CVD), and pivot points—into a single, cohesive non-overlay display. This indicator is crafted to provide traders with a comprehensive view of momentum, trend strength, volume dynamics, and potential reversal points, all normalized to a 0-100 scale for easy interpretation. By fusing these elements, it offers a unique synergy that enhances decision-making across various trading styles, from scalping to swing trading.
Originality and Purpose:
Unlike standalone momentum indicators, "Momentum Fusion " combines traditional oscillators (RSI, Stochastic RSI) with advanced cyclic analysis (cRSI), volume-weighted metrics (VWAP, CVD), and pivot-based reversal detection into one unified tool. The purpose of this fusion is to bridge the gap between price-based momentum, volume-driven insights, and cyclic market behavior, offering traders a more complete picture than any single indicator could provide. The normalized VWAP and CVD add a layer of volume context to momentum signals, while the cRSI introduces a dynamic, cycle-adapted perspective. Customizable divergence detection, pivot points, and detailed signal plotting further distinguish this script, making it a versatile solution for identifying trade opportunities.
How It Works:
RSI and Stochastic RSI: The base RSI uses a user-defined length (default 14) to measure price momentum, while the Stochastic RSI (with adjustable K and D smoothing) refines this into a faster oscillator. A Combined RSI averages RSI and Stochastic RSI K for a balanced momentum signal.
Cyclic RSI (cRSI): This uses a dominant cycle length (default 20) and vibration/leveling parameters to adapt RSI to market cycles, smoothing noise and highlighting rhythmic price movements. Dynamic bands (upper/lower) are calculated based on cyclic memory, providing adaptive overbought/oversold zones.
Normalized VWAP: VWAP is calculated from HLC3 and normalized over a lookback period (default 50) to fit the 0-100 scale, enabling direct comparison with momentum indicators. Crossovers with RSI, Stochastic RSI, and cRSI trigger bullish/bearish signals.
Cumulative Volume Delta (CVD): CVD tracks the net difference between buying and selling volume using lower timeframe data (configurable precision). It’s normalized to 0-100 and can be displayed as a line or candlesticks, with flexible reset options (e.g., daily, session start).
Pivot Points and Divergence: Pivot highs/lows are identified using adjustable lookbacks, plotted optionally. Divergence detection (regular/hidden) compares Combined RSI with price action, flagging potential reversals.
Visualization: All components are plotted on a separate pane with overbought (70) and oversold (30) levels. Signals (buy/sell, VWAP crossovers) and labels (divergence, pivots) are customizable for clarity.
How to Use It:
Momentum Trading: Monitor RSI, Stochastic RSI K/D, and Combined RSI for overbought (>70) or oversold (<30) conditions. Use buy/sell signals (green/red triangles) at pivot lows/highs for entry/exit points.
Cycle Analysis: Leverage cRSI and its dynamic bands to identify momentum shifts within market cycles. Crossings above the upper band or below the lower band signal potential reversals.
Volume Confirmation: Enable VWAP and CVD to confirm momentum with volume trends. VWAP bullish signals (green triangles) suggest buying pressure, while bearish signals (red triangles) indicate selling pressure. CVD rising above zero supports bullish moves; falling below zero supports bearish moves.
Divergence Trading: Activate divergence detection ("Regular," "Hidden," or "Both") to spot price-momentum disconnects. Regular bullish (R Bull) or bearish (R Bear) divergences signal reversals; hidden ones (H Bull, H Bear) suggest continuation.
Customization: Adjust lengths (e.g., RSI, Stochastic RSI, cRSI), VWAP/CVD lookbacks, and reset options to match your timeframe and strategy. Toggle components (e.g., VWAP, CVD, pivots) to focus on relevant signals.
Underlying Concepts:
The indicator blends momentum (RSI, Stochastic RSI), cyclic theory (cRSI), and volume analysis (VWAP, CVD) into a unified framework:
Momentum: RSI and Stochastic RSI capture short-term price velocity, with Combined RSI smoothing for reliability.
Cycles: cRSI adapts to market rhythm using a dominant cycle length, reducing lag and noise with torque and phasing adjustments.
Volume: VWAP reflects the average price weighted by volume, normalized for comparison; CVD measures buying/selling pressure, revealing hidden market dynamics.
Pivots/Divergence: These identify structural shifts, enhancing timing precision.
Practical Application:
Scalpers: Use short RSI/Stochastic RSI lengths (e.g., 7) and VWAP signals on lower timeframes (1-5 minutes) for quick entries/exits.
Day Traders: Focus on Combined RSI, cRSI bands, and CVD resets (e.g., session start) on 15-60 minute charts to trade intraday trends.
Swing Traders: Emphasize cRSI cycles, VWAP crossovers, and divergence on 4-hour or daily charts for multi-day setups.
Why It’s Unique:
This isn’t just a collection of indicators—it’s a fusion that normalizes disparate metrics into a 0-100 scale, enabling direct interplay between momentum, volume, and cycles. The customizable CVD precision, adaptive cRSI bands, and detailed signal labeling make it a practical, trader-centric tool for dissecting market behavior.
RSI Early Signal Indicator(SO)
provides fast moving RSI SMA crossover signal only when price moves past an extended range to give infrequent but reliable correction signal
Options Trading Buy/Sell SignalsI've started the Pine Script for generating buy and sell signals for options trading using three key indicators (Moving Average Crossover, RSI, and MACD Histogram). You can view and edit it in the canvas. Let me know if you need any specific tweaks!
RSI Divergence_v1This indicator detects RSI Divergences (both regular and reverse) to identify potential reversals and trend continuations. It integrates ADX & DI for trend strength confirmation, MACD from the weekly timeframe for momentum validation, and ATR-based stop loss levels for risk management.
Have back tested with Nifty50 with Positive returns and Drawdown %. TIA.
ترکیب اندیکاتورها برای سیگنالهای پیشرفته//@version=5
indicator("ترکیب اندیکاتورها برای سیگنالهای پیشرفته", overlay=true)
// تنظیمات پارامترهای اندیکاتورها
fast_length = input.int(9, title="طول دوره MA سریع")
slow_length = input.int(21, title="طول دوره MA کند")
rsi_length = input.int(14, title="طول دوره RSI")
macd_fast_length = input.int(12, title="طول دوره MACD سریع")
macd_slow_length = input.int(26, title="طول دوره MACD کند")
macd_signal_length = input.int(9, title="طول دوره سیگنال MACD")
// محاسبه میانگینهای متحرک
fast_ma = ta.sma(close, fast_length)
slow_ma = ta.sma(close, slow_length)
// محاسبه RSI
rsi = ta.rsi(close, rsi_length)
// محاسبه MACD
= ta.macd(close, macd_fast_length, macd_slow_length, macd_signal_length)
// شرایط برای سیگنالها
buy_condition = (ta.crossover(fast_ma, slow_ma)) and (rsi < 30) and (macd_line > signal_line)
sell_condition = (ta.crossunder(fast_ma, slow_ma)) and (rsi > 70) and (macd_line < signal_line)
// نمایش سیگنالها روی نمودار
plotshape(series=buy_condition, title="سیگنال خرید", location=location.belowbar, color=color.green, style=shape.labelup, text="خرید")
plotshape(series=sell_condition, title="سیگنال فروش", location=location.abovebar, color=color.red, style=shape.labeldown, text="فروش")
// هشدارها برای سیگنالها
alertcondition(buy_condition, title="سیگنال خرید", message="سیگنال خرید ایجاد شد!")
alertcondition(sell_condition, title="سیگنال فروش", message="سیگنال فروش ایجاد شد!")
Market Cipher + RSI Bollinger BandsMarket Cipher Imitation + RSI Bollinger Bands
Created with Grok 3
Market Cipher:
Zero Dash Line = Neutral
Wave Trend Fast = Blue Line
Wave Trend Slow = Yellow Line
Money Flow Index = Green / Red Wave
MFI Oversold = Green Background
MFI Overbought = Red Background
+ Additional Icons with Oversold / Overbought Trend Crosses
RSI Bollinger Bands:
RSI = Purple Line
Bollinger Bands = Grey Shaded Area
Relative Strength Index 2 / StochasticCombined RSI 2 and Stochastic 5-3-3
You may want to fiddle with the colours.
Adaptive RSI with Real-Time Divergence [AIBitcoinTrend]👽 Adaptive RSI Trailing Stop (AIBitcoinTrend)
The Adaptive RSI Trailing Stop is an indicator that integrates Gaussian-weighted RSI calculations with real-time divergence detection and a dynamic ATR-based trailing stop. This advanced approach allows traders to monitor momentum shifts, identify divergences early, and manage risk with adaptive trailing stop levels that adjust to price action.
👽 What Makes the Adaptive RSI with Signals and Trailing Stop Unique?
Unlike traditional RSI indicators, this version applies a Gaussian-weighted smoothing algorithm, making it more responsive to price action while reducing noise. Additionally, the trailing stop feature dynamically adjusts based on volatility and trend conditions, allowing traders to:
Detects real-time divergences (bullish/bearish) with a smart pivot-based system.
Filter noise with Gaussian weighting, ensuring smoother RSI transitions.
Utilize crossover-based trailing stop activation, for systematic trade management.
👽 The Math Behind the Indicator
👾 Gaussian Weighted RSI Calculation
Traditional RSI calculations rely on simple averages of gains and losses. Instead, this indicator weights recent price changes using a Gaussian distribution, prioritizing more relevant data points while maintaining smooth transitions.
Key Features:
Exponential decay ensures recent price changes are weighted more heavily.
Reduces short-term noise while maintaining responsiveness.
👾 Real-Time Divergence Detection
The indicator detects bullish and bearish divergences using pivot points on RSI compared to price action.
👾 Dynamic ATR-Based Trailing Stop
Bullish Trailing Stop: Activates when RSI crosses above 20 and dynamically adjusts based on low - ATR multiplier.
Bearish Trailing Stop: Activates when RSI crosses below 80 and adjusts based on high + ATR multiplier
This allows traders to:
Lock in profits systematically by adjusting stop-losses dynamically.
Stay in trades longer while maintaining adaptive risk management.
👽 How It Adapts to Market Movements
✔️ Gaussian Filtering ensures smooth RSI transitions while preventing excessive lag.
✔️ Real-Time Divergence Alerts provide early trade signals based on price-RSI discrepancies.
✔️ ATR Trailing Stop dynamically expands or contracts based on market volatility.
✔️ Crossover-Based Activation enables the stop-loss system only when RSI confirms a momentum shift.
👽 How Traders Can Use This Indicator
👾 Divergence Trading
Traders can use real-time divergence detection to anticipate reversals before they happen.
Bullish Divergence Setup:
Look for RSI making a higher low, while price makes a lower low.
Enter long when RSI confirms upward momentum.
Bearish Divergence Setup:
Look for RSI making a lower high, while price makes a higher high.
Enter short when RSI confirms downward momentum.
👾 Trailing Stop Signals
Bullish Signal and Trailing Stop Activation:
When RSI crosses above 20, a trailing stop is placed using low - ATR multiplier.
If price crosses below the stop, it exits the trade and removes the stop.
Bearish Signal and Trailing Stop Activation:
When RSI crosses below 80, a trailing stop is placed using high + ATR multiplier.
If price crosses above the stop, it exits the trade and removes the stop.
This makes trend-following strategies more efficient, while ensuring proper risk management.
👽 Why It’s Useful for Traders
✔️ Dynamic and Adaptive: Adjusts to changing market conditions automatically.
✔️ Noise Reduction: Gaussian-weighted RSI reduces short-term price distortions.
✔️ Comprehensive Strategy Tool: Combines momentum detection, divergence analysis, and automated risk management into a single indicator.
✔️ Works Across Markets & Timeframes: Suitable for stocks, forex, crypto, and futures trading.
👽 Indicator Settings
RSI Length: Defines the lookback period for RSI smoothing.
Gaussian Sigma: Controls how much weight is given to recent data points.
Enable Signal Line: Option to display an RSI-based moving average.
Divergence Lookback: Configures how far back pivot points are detected.
Crossover/crossunder values for signals: Set the crossover/crossunder values that triggers signals.
ATR Multiplier: Adjusts trailing stop sensitivity to market volatility.
Disclaimer: This indicator is designed for educational purposes and does not constitute financial advice. Please consult a qualified financial advisor before making investment decisions.
EMA and RSI StrategyUtilizing Openai I’ve created the TradingView Pine Script for the trading bot using the 50 EMA, 20 EMA, and RSI indicators. You can view and edit the code in the canvas. Let me know if you need any modifications!
Rsi & Ema Optimization Buy-Sell Signal Cuneyt UgurThis indicator is a beta version indicator that aims to generate trading signals by optimizing the RSI (Relative Strength Index) and EMA (Exponential Moving Average) indicators.
Short and long exponential moving averages catch the breaks by following the trends of the bottom and top values of price movements in a certain period, cleared of contradictions. In addition, for RSI, it optimizes the bottom and top points of the RSI and creates buy and sell signals where there are parallels with the price breakdowns.
Recommendation for use: It is recommended to use it for at least 1 hour.d: At least 1 hour.
Ultimator's RSI Smoother 3.0This indicator uses two RSI timeframes that are smoothed out by applying a SMA to the RSI lines. It's goal is to pinpoint optimal bottoms and tops on a general basis for all timeframes by marking them on the smoothed RSI lines as different colored dots for visual effect.
When the conditions are met at a low RSI for both lines, it creates a dot on the upper line to indicate a possible bottom.
When the conditions are met at high RSI for both lines, it creates a dot on the lower line to indicate a possible top.
This indicator is meant for any timeframe, and the RSI lengths as well as smoothing lengths are opened as user inputs to allows users to fine tune the conditions to their needs.
