This is a simple RSI table for traders that don't want the graph, only the current value. Location, thresholds, and colors are all adjustable.
Custom indicator to plot the stochastic RSI and print a highlighting bar to indicate when the fast signal curve crosses the slower one from underneath (crossover), to indicate a bullish trend change.
The Modified Relative Strength Index was created by John Ehlers (Cycle Analytics For Traders pgs 87-88) and this is a typical RSI that uses his roofing filter as the input. He smooths it with his own super smoother filter to provide signals. This indicator is extremely reactive and works in cycles so keep that in mind. I haven't been able to come up with clear buy...
Our new indicator tracks trends to create buy and sell alerts, see below how it works. HOW IT WORKS: It uses RMA which is the same moving average used by RSI and HMA, they intersect give us an entry signal, be it a buy or sell, as the entry signal the script will color the bars according to the signal. When a GREEN candle appears, it indicates a large...
Extrapolated Fibonacci MA (FMA) into an RSI i.e. FMA(up) and FMA(dn) of lengths 2, 3, 5, 8, 13, 21, 34, 55, 89 etc. averaged into RSI values. Keep in mind it does not use 'Length' - it uses 'Interval' - how many fib intervals to include in the RSI calculation. I threw in Ehler's Smoothing as well - seems to work quite well, thanks to TV Community for...
A little FREE script - which may help people set their trade size and stop levels for bitcoin trades. NOTE :- This script conveys information that requires "indicator arguments" to be turned on. TO USE :- To adjust to your requirements, click the cog wheel next to the indicator, and adjust "POT SIZE" (how much dollar you have), "RISK %" (the percentage of...
The Chartless Trader The chartless trader is a trade management system designed to remove the randomness from the market. It is loosely based on the martingales betting system, but takes advantage of position sizing, minimum profit targets, dollar cost averaging, and trailing take profit. The chart can be traded with or without a signal. There is a built in...
The RSING indicator was created by Alon Horesh (Stocks & Commodities March 2021 pg 11) and this aims to be a better version of rsi that adapts to volume as well as a focus on overall strength. This is trying to fix the issues with the traditional RSI with a lack of volume and the issue where you could have the indicator stay in overbought or oversold territory but...
Indicator version of the strategy: * Alerts added. TIPS AND WARNINGS 1-) The standard settings of this combo script is designed and tested with daily timeframe. For lower timeframes, you should change the indicator settings and find the best value for yourself. 2-) Only the mean vwap line is displayed on the graph. For a detailed view, you can delete the...
■Purpose of this script Back-calculate the stock price limit based on the RSI formula ■Logic overview This time, RSI calculation formula by Cutler is adopted. In this formula, RSI is calculated from the ratio of the sum of price movements and the sum of price increases during a fixed period. This script back-calculates future stock prices from past stock price...
This is a custom indicator of mine loosely based on the work by James Garofallou (Stocks and Commodities Sep 2020 pg 14) and this is meant for medium to long term trend confirmations. The idea behind this indicator is to capture 3 different dimensions of trend strength. The first dimension captures the overall strength of the underlying stock vs the market (in...
This version of the Inverse Fisher Transform on RSI comes with support for 1) Backtesting with Gavin's backtest script 2) Bypass, you can use another indicator to pause buy signals from this indicator. Just create another indicator that plots "1" whenever you want to activate the bypass on the IFTRSI signal. 3) Independent buy and sell level thresholds. Some...
I trade binary options on reversals. I use this as a confluence to prove that my analysis is correct. I use this on smaller time frames given the type of trading I do. I do not use this as an entry trigger, so you should not blindly enter trades based on this solely . You were warned This indicator (on default settings) will let you know when the 1 minute, 3...
This iGROW_Supertrend Strategy is based on the very popular and widely used indicator Supertrend. Supertrend is one of the most common ATR based trailing stop indicator. The Average True Range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. In this Supertrend strategy, 3 Supertrends have been used with different...
█ OVERVIEW This indicator was inspired by Arty and Christy. I have taken what they teach and combined it into this amazing RSI Divergence Oscillator. █ COMPONENTS Here is a brief overview of the indicator: 1 — RSI Divergence Arty uses the RSI divergence as a tool to find entry points and possible reversals. He doesn't use the traditional...
Hi fellow traders.. Happy to share a Linear Regression & RSI Multi-Function Custom Screener with Table-Labels... The Screener scans for Linear Regression 2-SD Breakouts and RSI OB/OS levels for the coded tickers and gives Summary alerts Uses Tables (dynamica resizing) for the scanner output instead of standard labels! This Screener cum indicator collection has...
This script is for trading grid bots. Only CCI and RSI are used, but there are three different timeframes available for each. When using it, you must select a chart with a period equal to or less than the minimum in the indicator settings. For example, the following periods are selected in the settings: 1 hour, 15 minutes, 5 minutes, so we use a 5-minute chart. A...
This Indicator displays a normal RSI with overbought/-sold lines which is calculated with donchian channels, pivot channel, bollinger bands and three horizontal lines. You can averaged the channels, bands and h-lines in any combination or you can use just one of them for calculating the overbought/-sold lines. The midline is colored in default settings in yellow...