rsi_oversold

sarangab

Original Idea by Invsto In this indicator, I explore the core concepts of RSI and extend it with smoothening to determine volatility. Usage: LIME/GREEN : High Volatility and BULLISH trend RED/FUCHSIA : High Volatility and BEARISH trend GRAY: Low volatility/Potential Chop Zone

Quixilver_stx

This script does two things: 1- Highlights extreme levels on RSI 2- Calculates what % of the time, price closed higher (lower) with some minimum threshold when RSI was below oversold (overbought) level in a predefined number of bars. I use this to understand if buying the dip/selling the rip works for a security and on what time frame and if it could be a...

Quixilver_stx

This script highlights the indicator background when the RSI exceeds oversold and overbought thresholds making it easier to spot them. Good for strategies that rely on extreme RSI readings

Dreadblitz

The Dynamic RSI indicator is a kind of exponential RSI. The overbought and oversold levels (respectively HiLine and LoLine) are calculated according to the recent highest and lowest values of the Dynamic RSI line.

ZenAndTheArtOfTrading

This indicator is a tool designed to be used with Steven Hart's RSI Exhaustion strategy. For more information google TheTradingChannel or look him up on YouTube :) The default RSI settings for this strategy are: RSI Overbought: 80 RSI Oversold: 20 Length: 7 When the RSI gets above 80, the line will turn red and the script will begin looking for a specific type...

aamonkey

An enhancement of my RSI Bottom Indicator. This one finds you Tops & Bottoms. This indicator uses the RSI and prints you top & bottom warnings directly on the price chart. The other special thing about this is that the RSI pulls the data from the weekly chart no matter on what timeframe you are on. The preferred timeframe can, of course, be changed in the...

umur.ozkul

This RSI indicator is one of my favorite indicators. This powerful indicator is implemented by Phi-Deltalytics. I modified the drawing so that it is easier (at least for me) to see the signals and trends (it would not matter if you're doing algorithmic trading). Trends and signals. For detailed instructions and tutorial see Phi-Deltalytics page

f1ks3r

RSI and StochRSI combination with color fill histogram if RSI is over 70 or below 30.

QuantNomad

Trying to find simple strategies with optimal parameters which work well for certain symbols/timeframe. Found that basic RSI strategy without any position management works pretty good for 1m chart for BTCUSDT. It might not work very good on it's not but can give you a pretty good base for more complicated indicators. Also, some position management as simple as...

QuantNomad

Really good performance of Simple RSI Strategy for Nike (NKE) 5m chart. Params: RSI Length: 30, RSI OverSold level: 45, RSI OverBought Level: 60 Performance:57% profit, 112 trades, 73% prof, 6.7% dd, 1.36 sharpe. If you want to hear more from me you can join my Telegram channel: t.me If you want to learn how to code in pine script join my...

fastmoveforward

This is another script for RSI (Relative Strength Indicator) for Multiple timeframes. It is built for scalping. Add it to your 15 Min chart - This is important! The other time resolutions are 1H, 2H and 4H. It is highly flexible, except for the current resolution, the other ones can be changed. The lookback periods for all timeframes are set to 14 - but can...

ZenAndTheArtOfTrading

This is a very simple script that plots signals on the chart whenever the RSI crosses the given threshold. Nothing fancy, but it is useful for deciding when to exit trades or prepare for pullbacks or for confirming that the market is currently in the middle of an extremely impulsive move or trend. It has alert functionality and you can set the overbought/sold...

Flipasd

The script shows arrows on bars that are in overbought or oversold, based on the set parameters of Relative Strength Index ( RSI ) and Relative Volatility Index (RVI). Also there is a universal allert, which includes both conditions - overbought and oversold. You can change the period of RSI and RVI, as well as the upper and lower boundaries of these indicators.

tantamount

/@version=2 //By Tantamount //RSI with overbought and oversold alert features! Highly configurable indicator that includes a Topography map feature, used to detect & easily show threshold crossovers. //RSI is used to measure the velocity and change of directional price movements. It is very useful to help determine when an asset is reaching an overbought or...

QuantNomad

Really nice performance of Simple RSI Strategy for LTCUSDT ( Binance ) 5m chart. Params: RSI Length: 3, RSI OverSold level: 47, RSI OverBought Level: 56 Performance: 391% profit, 2400 trades, 42% prof, 14.6% dd , 0.65 sharpe. I think this strategy can be a really nice base for a pretty good strategy. We have quite a lot of trades here you can add additional...

QuantNomad

Started to play with very simple strategies. Trying to find ones with optimal parameters which work well for certain symbols/timeframe. Found that basic RSI strategy without any position management with high RSI length (65 in this script) works pretty good for 1m chart for few stocks. It's also not bad for AAPL, SPY. It might not work very good on it's not but...

gu5tavo71

Highlights Oversold and Overbought Show Cross Line when the momentum ends Same design of my previous indicators Setting recommended for EURUSD: Length = 14 Oversold = 68 Overbought = 32 Other markets try: Length = 14 Oversold = 70 Overbought =30 -- El indicador destaca cuando el mercado esta en sobre-compra o sobre-venta Para una mejor visualización, marca con...

Noldo

This script was written to create a new, rapid relative strength index inspired by the Dow Theory. More info about Dow Theory : www.investopedia.com According to the Dow Theory, volume should confirm market trends. The correlation coefficient between prices and volume is negative in weakening trends and negative trends , positive in...