Pesquisar nos scripts por "renko"
CryptoPeep Renko StudyCryptoPeep Renko Study
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Auto-LineAn indicator inspired by the Renko chart.Instead of using a static box size we use standard deviation, this make the indicator more reactive to the market state.
If the indicator show no values then you have to round the price to the nearest integer, for that use the round parameter.
Hope you enjoy :)
Donchian Channel Alerts R1 by JustUncleLThis idea is based on the Donchain Channel centre line Price action. When price moves from the highest/lowest point, the price will move to the center line first. At this point, the center line acts as dynamic support/resistance and often price will bounce back up. However, if price successfully breaks the centre line (primary entry condition), then prices will tend to catch up to the bottom channel line, many times making further moves in that direction (secondary entry condition).
This script alert idea is designed to be used with Renko (10pip brick recommended) Renko or Heikin Ashi (1 hour recommended) charts. It combines the Donchian Channel centre line price action with a directional coloured EMA (default length 8) to provide entry and exit signals.
There are three options to exit trade:
MA Cross (default exit) = exit occur when price breaks EMA in opposite direction.
Centre Cross = exit occurs when price breaks back passed the centre line in opposite direction.
Brick Colour = exit when a brick/bar paints in the opposite colour to trade direction.
Each Entry and Exit signal creates an Alertcondition that can be picked up by the TradingView Alarm system.
TIPS:
This type of Trading technique only works well in a trending market. Do not try to trade this technique in a ranging/flat market, wait for market to return to trend or pick another pair.
To get 10pip Bricks set Renko to "Traditional" type bricks and 0.001 for non-JPY currency pairs and 0.1 for JPY currency pairs. Also set chart Time frame to 5min or 15mins.
Renko chart:
[LAVA] Renko ModTradingview.com Pinescript @author Ni6HTH4wK (LAVA) with assistance from @zmm20
Original code by Richard Santos, (RS)Renko Mod
(RS) www.tradingview.com
(LAVA) 19P7bkzqSAwSm6X7tXmRVkx6AuBXEUZioo
Traditional cross and circles view displayed here, but my favorite look is small linebreak and circles.
Different views available...
Type 2 -
Type 1 -
Without barcoloring -
**EDIT**
pastebin.com - Fixes missed bottoms / tops (April 15th, 2015)
pastebin.com - Fixes slow recognition of steep movements (April 25th, 2015)
VRS+BarTrend+BarPatternIdentifiedRenko Sniper with Trend bar colours and flintlockwood's identified bar patterns.
Credits for Renko Sniper go to VDUB, Chart patterns identified go to flintlockwood and trend bars to me.
Works like a charm with Hull MACD EFI -24.00% (by Tom1Trader) and CM_Ult_RSI.
Free, but invite only so PM me.
Renkoizer[UO]Sometimes you need a rough view of what is going on. Ignoring the details could be a blessing. In the configuration, you can change how much you want to ignore
Renko Periodic Spiral of Archimedes-Secret Geometry - AYNETHow It Works
Dynamic Center:
The spiral is centered on the close price of the chart, with an optional vertical offset (center_y_offset).
Spiral Construction:
The spiral is drawn using segments_per_turn to divide each turn into small line segments.
spacing determines the radial distance between successive turns.
num_turns controls how many full rotations the spiral will have.
Line Drawing:
Each segment is computed using trigonometric functions (cos and sin) to calculate its endpoints.
These segments are drawn sequentially to form the spiral.
Inputs
Center Y Offset: Adjusts the vertical position of the spiral relative to the close price.
Number of Spiral Turns: Total number of full rotations in the spiral.
Spacing Between Turns: Distance between consecutive turns.
Segments Per Turn: Number of segments used to create each turn (higher values make the spiral smoother).
Line Color: Customize the color of the spiral lines.
Line Width: Adjust the thickness of the spiral lines.
Example
If num_turns = 5, spacing = 2, and segments_per_turn = 100:
The spiral will have 5 turns, with a radial distance of 2 between each turn, divided into 100 segments per turn.
Let me know if you have further requests or adjustments to the visualization!
Stochastic RSI Momentum TranformThis is my version of Stochastic RSI, but not the stochastic RSI alone, hell no, it's a lagging indicator, I don't like lagging indicators.
This is a leading indicator that has momentum calculations in it and not only that, it has a momentum shifting calculation based on modified ehler's transformation !
Simple for user, a hell to program !
Price and how to get access to ? contact me in PM !
Trader Set - Modified MTF BOTTOMThis is a modified formula for MFT. It's prefabricated with numbers that would work best with my methodology and system.
Please don't ask for getting access. Only my students can get access to these indicators.
Trader Set - Modified RSI TOPThis is a modified RSI formula that draws two different RSI time frames on top of eachother with additional signal points on it.
Please don't ask for getting access. Only my students can have access to these tools because they are part of my methodology and prefabricated with fixed numbers that would work ONLY on my system.
Trader Set - Modified RSI MTFThis is a modified version of RSI MTF, a similar indicator can be found in public library if anyone is interested, mine, is fabricated to work with my methology with all the addition i will add to this (just like others when i added the ability to change the moving types in critical places of formula) so that students can experiment with them (it will come in next version). also, I normalize both sections for better visualization.
Please don't ask me for getting access. "CM Modified RSI MFI" search it for the base and almost similar indicator without my additions. This script will be available only for my students at the time being. like other scripts, if the learning material will be ready i will be announce in comment section, and like others, again, if i decide to sell this separated from courses i will announce in the comment section too.
Trader Set - Fisher CycleUnfortunately, the fihser transform's formula has specifications that are not compatible with newer versions of pine script (calling mutable variables on security function).
So, I had to separate this section of "Cycle" script to it's own little world and remove the versioning from the script.
That, means that i can't even write the name of the oscillator on the right hand side (show_last is not there in older versions).
Welcome to the world of pine script and haphazard updates of trading view without thinking about consequences of their new move !
MACD Intraday Trend - RSJMACD Intraday Trend is an Indicator developed through an adaptation made of the original MACD created by Gerald Appel in the 1960s.
Through years of trading it was observed that by changing the parameters of the MACD with Fibonacci proportions we achieve a better presentation of the continuity of the trend movements, making that it is possible to more efficiently detect the beginning and end of a price trend.
Due to its efficiency in detecting price trends, it is also possible to identify very clearly the divergences of tops and bottoms, thus taking better advantage of trading opportunities.
-> Every time the histogram is positive and crosses the signal line down there is a high probability that an uptrend will end and a downtrend will start.
-> Every time the histogram is negative and crosses the signal line up there is a high probability of ending a downtrend and starting an uptrend.
The Indicator MACD Intraday Trend works with any currency pair, at any candlesticks timeframe and with Renko charts.
The Indicator has an amazing performance on Renko charts.
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MACD Intraday Trend é um Indicador desenvolvido através de uma adaptação feita do MACD original criado por Gerald Appel nos anos 1960.
Através de anos de trading foi observado que alterando os parâmetros do MACD com proporções de Fibonacci conseguimos uma melhor apresentação de continuidade dos movimentos de tendência, fazendo com que seja possível detectar de forma mais eficiente o início e fim de uma tendência de preços.
Devido sua eficiência em detecção de tendências de preços é possível também identificar com muita clareza as divergências de topos e fundos, desta forma aproveitando melhor as oportunidades de trading.
-> Toda vez que o histograma estiver positivo e cruzar a linha de sinal para baixo existe uma alta probabilidade de fim de uma tendência de alta e início de uma tendência de baixa.
-> Toda vez que o histograma estiver negativo e cruzar a linha de sinal para cima existe uma alta probabilidade de fim de uma tendência de baixa e início de uma tendência de alta.
O Indicador MACD Intraday Trend funciona com qualquer par de moedas, em qualquer tempos gráficos com candlesticks e gráficos do tipo Renko.
O Indicador tem uma performance surpreendente em gráficos do tipo Renko.
Weis Wave ChartThis indicator is based on the Weis Wave described by David H. Weis in his book Trades About to Happen: A Modern Adaptation of the Wyckoff Method, more info how to use this indicator can be found in this video . The Weis Wave is an adaptation of Richard D. Wyckoff’s method Wave Charts. It works in all time periods and can be applied to all asset types.
Unlike other implementations I found here on TradingView, this implementation make use of a Renko-like zig zag pattern, very similar to how it is described in David H. Weis' book. The settings for the zig zag pattern are very similar to the standard Renko settings here on TradingView, in the "Renko Assignment Method" you either chose "ATR" or "Traditional" (read more about it here ). The ATR length or the brick size is then entered in the textbox "Value". You can also chose another setting in the "Renko Assignment Method" drop down named "Part of Price" which calculate the brick size from the current close and divide it by the value in the text box "Value". It is also possible to chose if the zig zag pattern shall use the high/low, the open/close or just the close as the most extreme values in its calculation, you select this in the drop down "Price Source".
TradingView's pine script does currently not support to print non-static text on the chart, so it is not possible at this point to write out the volume on the zig zag chart. It is also not possible to have both an overlay and separate chart pane in the same indicator, therefor this indicator is split up in two.
You can find the volume indicator here:
Weis Wave VolumeThis indicator is based on the Weis Wave described by David H. Weis in his book Trades About to Happen: A Modern Adaptation of the Wyckoff Method, more info how to use this indicator can also be found in this video . The Weis Wave is an adaptation of Richard D. Wyckoff’s method Wave Charts. It works in all time periods and can be applied to all asset types. For assets that do not support volume Weis propose in his book to use the true range instead, so if you want to use this indicator for assets that do not support volume, make sure to enable the checkbox "Use True Range instead of Volume".
Unlike other implementations I found here on Trading, this implementation make use of a Renko-like zig zag pattern, very similar to how it is described in David H. Weis' book. The settings for the zig zag pattern are very similar to the standard Renko settings here on TradingView, in the "Renko Assignment Method" you either chose "ATR" or "Traditional" (read more about it here ). The ATR length or the brick size is then entered in the textbox "Value". You can also chose another setting in the "Renko Assignment Method" drop down named "Part of Price" which calculate the brick size from the current close and divide it by the value in the text box "Value". It is also possible to chose if the zig zag pattern shall use the high/low, the open/close or just the close as the most extreme values in its calculation, you select this in the drop down "Price Source". If you want the price to oscillate around a zero value, enable the "Oscillating" checkbox.
TradingView's pine script does currently not support to print non-static text on the chart, so it is not possible at this point to write out the volume on the zig zag chart. It is also not possible to have both an overlay and separate chart pane in the same indicator, therefor this indicator is split up in two.
You can find the zig zag indicator here:
FTX Index Advance Decline LineAs of publishing, all the tickers from FTX with the word "index" in it, plus bitcoin.
This is your regular ADL except instead of hundreds in the basket you've got them condensed into 7 (for now) and in open/close candle form instead of a line.
I'm a bit disappointed because I thought I'd lever more utility from indexes. It may just need some tweaking.
Doesn't it look like Renko?
Some notes:
Reason why it expands:
Total number of constituents is a static 7, to fix that use time to change the total variable based on dates of introduction.
Reallly looks like Renko:
Renko with ATR, length 14, hourly chart.
BackToBasic XEMAบทความอธิบายสคริปต์ “BackToBasic XEMA”
ภาษาไทย
แนวคิดโดยย่อ
BackToBasic XEMA เกิดจากแนวคิด “กลับสู่พื้นฐานแต่เพิ่มประโยชน์” โดยใช้สัญญาณ EMA Crossover เป็นแกนหลัก แล้วต่อยอดด้วยการแสดงกำไร/ขาดทุนจริง (PnL) และเส้น Trailing Stop แนวนอน เพื่อช่วยวัดประสิทธิภาพและป้องกันการคืนกำไร
กลไกการทำงาน
Dual EMA – คำนวณ EMA สองเส้น (Fast และ Slow)
Crossover Signal – ออกสัญญาณ Buy เมื่อ Fast ตัดขึ้น Slow และ Sell เมื่อ Fast ตัดลง Slow
PnL Lines & Labels – เมื่อทิศทางกลับตัว ระบบจะคำนวณส่วนต่างราคา × จำนวน Contracts แล้ววาดเส้นเชื่อมจุดเข้า–ออก พร้อมป้ายกำไร/ขาดทุนสีเขียว / แดง
Horizontal Trailing Stop – เมื่อราคาวิ่งไปทางกำไรเกิน trailStartPips ระบบจะสร้างเส้น Trail ห่างจาก EMA อ้างอิงด้วย trailBufferPips และเลื่อนเฉพาะในทางที่ล็อกกำไร
การตั้งค่าใช้งาน (สรุปเป็นคำอธิบาย)
ปรับค่า Fast/Slow EMA ให้สัมพันธ์กับกรอบเวลาและความผันผวนของสินทรัพย์
กรอกจำนวน Contracts ตามขนาดโพซิชันจริงเพื่อให้ค่า PnL สมจริง
ค่า Trail เริ่มต้นเหมาะกับกราฟ 1 ชั่วโมงขึ้นไป หากเทรดสั้นอาจลด trailStartPips และ trailBufferPips
แนะนำใช้กับสินทรัพย์สภาพคล่องสูง (คู่เงินหลัก, XAUUSD, ดัชนี) และทดสอบบนบัญชีเดโมก่อนเสมอ
จุดเด่นเมื่อเทียบกับ EMA Crossover พื้นฐาน
เห็นผลกำไร/ขาดทุนของแต่ละการเทรดทันที ไม่ต้องคำนวณย้อนหลัง
มีเส้น Trailing Stop แนวนอนช่วยล็อกกำไรและจำกัดขาดทุน
เปิด–ปิดฟังก์ชัน PnL และ Trailing ได้จากหน้าตั้งค่า ไม่ยุ่งยาก
ข้อจำกัดและคำเตือน
ไม่เหมาะกับกราฟแบบ Heikin Ashi หรือ Renko เพราะอาจเกิด repaint
PnL คำนวณจากส่วนต่างราคาเท่านั้น ไม่รวมค่าคอมมิชชันหรือสลิปเพจ
ผลลัพธ์ในอดีตไม่รับประกันอนาคต ควรจัดการความเสี่ยงและทดลองก่อนใช้งานจริง
ลิขสิทธิ์
สคริปต์นี้พัฒนาใหม่ทั้งหมดโดย , © 2025
English
Concept
BackToBasic XEMA extends a classic EMA-crossover setup with real-time profit-and-loss tracking and a horizontal trailing-stop line, giving traders both clear entry/exit signals and built-in risk management.
How It Works
Dual EMAs – Calculates Fast and Slow EMAs.
Crossover Signals – Generates a Buy when the Fast EMA crosses above the Slow EMA, and a Sell when it crosses below.
PnL Lines & Labels – On every direction flip the script computes price difference × contracts, draws a line from entry to exit, and labels the result in green (profit) or red (loss).
Horizontal Trailing Stop – After price moves in profit by at least trailStartPips, a trail line is placed trailBufferPips away from the chosen EMA and moves only in the trade’s favour.
Practical Settings (plain-language guide)
Adjust Fast/Slow EMA lengths to suit your timeframe and the instrument’s volatility.
Enter your position size in Contracts so PnL lines reflect real cash values.
For shorter timeframes, lower trailStartPips and trailBufferPips; for swing trading, larger values work better.
Best used on 1-hour-and-above charts of liquid symbols (major FX pairs, gold, indices). Forward-test on demo first.
Advantages over a Basic EMA Cross
Instant visual feedback on each trade’s profit or loss.
Built-in horizontal trailing stop to lock in gains and limit downside.
Modular design – PnL and trailing features can be toggled on or off in the input panel.
Limitations & Disclaimer
Not repaint-safe on non-standard chart types such as Heikin Ashi or Renko.
PnL lines show raw price change only; commissions and slippage are not included.
Past performance does not guarantee future results – trade responsibly and test thoroughly.
License
Original Pine Script by , © 2025
Quantum ChronoRenko Dynamics Edge - Traditional### **Quantum ChronoRenko Dynamics Edge - Traditional**
**Description:**
The **Quantum ChronoRenko Dynamics Edge - Traditional** is an advanced Renko-based indicator designed for precision trading. It leverages the power of Renko charts to detect price movements, highlight critical trading signals, and dynamically track profit and risk levels. This indicator is built with modern trading strategies in mind, offering robust tools for all traders, from beginners to professionals.
**Key Features:**
1. **Renko-Based Signal Generation**:
- Detects **Buy Signals** when the price closes above the Renko high level.
- Detects **Sell Signals** when the price closes below the Renko low level.
- Ensures signals are non-repainting and confirmed on bar closures.
2. **Take Profit (TP) and Stop Loss (SL) Tracking**:
- Automatically calculates and plots TP and SL levels for every signal.
- Dynamic levels are displayed directly on the chart for better decision-making.
3. **Advanced Signal Management**:
- Prevents duplicate signals within the same Renko range.
- Resets signal conditions when a new Renko range is formed.
4. **Visual Enhancements**:
- Renko high and low levels are plotted with customizable colors and styles.
- TP and SL levels are marked with distinct cross shapes for clarity.
- Optional fill between Renko levels to highlight price ranges.
5. **Real-Time Alerts**:
- Generates alerts for Buy and Sell signals when a candle closes above or below the Renko levels.
- Alerts are designed to help traders react quickly to opportunities.
6. **Comprehensive Statistics**:
- Tracks the number of Buy/Sell signals.
- Calculates the number of TP and SL hits for each signal type.
- Displays detailed percentages and totals in an easy-to-read table.
**Key Benefits**:
- **Non-Repainting Logic**: Ensures stable and reliable signals based on confirmed price movements.
- **Customizability**: Flexible settings for Renko brick size, TP/SL values, and visual enhancements.
- **Professional-Level Insights**: Provides detailed statistics for tracking strategy performance.
**Use Cases**:
- Perfect for intraday and swing traders who rely on Renko charts for clear trend signals.
- Suitable for identifying key breakout opportunities and managing trades with precise TP/SL levels.
Example Usage:
For daily scalping, set the following parameters:
Brick Size: 3
Time Frame: 10 Minutes
This setup provides clean trend signals and dynamic TP/SL tracking for short-term trades.
**Why "Traditional"?**
This version uses the **Traditional Renko method**, ensuring consistent price-based calculations that align with professional trading strategies.
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**Disclaimer**:
This indicator is a tool to aid trading decisions but does not guarantee profits. Always use proper risk management.
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Point and Figure (PnF) RSIThis is live and non-repainting Point and Figure Chart RSI tool. The script has it’s own P&F engine and not using integrated function of Trading View.
Point and Figure method is over 150 years old. It consist of columns that represent filtered price movements. Time is not a factor on P&F chart but as you can see with this script P&F chart created on time chart.
P&F chart provide several advantages, some of them are filtering insignificant price movements and noise, focusing on important price movements and making support/resistance levels much easier to identify.
P&F RSI is calculated and shown by using its own P&F engine.
If you are new to Point & Figure Chart then you better get some information about it before using this tool. There are very good web sites and books. Please PM me if you need help about resources.
Options in the Script
Box size is one of the most important part of Point and Figure Charting. Chart price movement sensitivity is determined by the Point and Figure scale. Large box sizes see little movement across a specific price region, small box sizes see greater price movement on P&F chart. There are four different box scaling with this tool: Traditional, Percentage, Dynamic (ATR), or User-Defined
4 different methods for Box size can be used in this tool.
User Defined: The box size is set by user. A larger box size will result in more filtered price movements and fewer reversals. A smaller box size will result in less filtered price movements and more reversals.
ATR: Box size is dynamically calculated by using ATR, default period is 20.
Percentage: uses box sizes that are a fixed percentage of the stock's price. If percentage is 1 and stock’s price is $100 then box size will be $1
Traditional: uses a predefined table of price ranges to determine what the box size should be.
Price Range Box Size
Under 0.25 0.0625
0.25 to 1.00 0.125
1.00 to 5.00 0.25
5.00 to 20.00 0.50
20.00 to 100 1.0
100 to 200 2.0
200 to 500 4.0
500 to 1000 5.0
1000 to 25000 50.0
25000 and up 500.0
Default value is “ATR”, you may use one of these scaling method that suits your trading strategy.
If ATR or Percentage is chosen then there is rounding algorithm according to mintick value of the security. For example if mintick value is 0.001 and box size (ATR/Percentage) is 0.00124 then box size becomes 0.001.
And also while using dynamic box size (ATR or Percentage), box size changes only when closing price changed.
Reversal : It is the number of boxes required to change from a column of Xs to a column of Os or from a column of Os to a column of Xs. Default value is 3 (most used). For example if you choose reversal = 2 then you get the chart similar to Renko chart.
Source: Closing price or High-Low prices can be chosen as data source for P&F charting.
you can use PNF type RSI or RENKO type RSI.
What is the difference between them?
While calculating PNF type RSI, the script checks last X/O column's closing price but when using RENKO type RSI the scipt calculates RSI on every price changes according to number of boxes. and also with RENKO type RSI, calculation is made for each boxes on price changes.
Important note if you use this PNF script with reversal = 2 then you get RENKO chart. So, with this RENKO chart better to use RENKO type RSI ;)
Alternative Price [OmegaTools]The Alternative Price script is a sophisticated and flexible indicator designed to redefine how traders visualize and interpret price data. By offering multiple unique charting modes, robust customization options, and advanced features, this tool provides a comprehensive alternative to traditional price charts. It is particularly useful for identifying market trends, detecting patterns, and simplifying complex data into actionable insights.
This script is highly versatile, allowing users to choose from five distinct charting modes: Candles, Line, Channel, Renko, and Bubbles. Each mode serves a unique purpose and presents price information in an innovative way. When using this script, it is strongly recommended to hide the platform’s default price candles or chart data. Doing so will eliminate redundancy and provide a clearer and more focused view of the alternative price visualization.
The Candles mode offers a traditional candlestick charting style but with added flexibility. Users can choose to enable smoothed opens or smoothed closes, which adjust the way the open and close prices are calculated. When smoothed opens are enabled, the opening price is computed as the average of the actual open price and the closing prices of the previous two bars. This creates a more gradual representation of price transitions, particularly useful in markets prone to sudden spikes or irregularities. Similarly, smoothed closes modify the closing price by averaging it with the previous close, the high-low midpoint, and an exponential moving average of the high-low-close mean. This technique filters out noise, making trends and price momentum easier to identify.
In the Line mode, the script displays a simple line chart that connects the smoothed closing prices. This mode is ideal for traders who prefer minimalism or need to focus on the overall trend without the distraction of individual bar details. The Channel mode builds upon this by plotting additional lines representing the highs and lows of each bar. The resulting visualization resembles a price corridor that helps identify support and resistance zones or price compression areas.
The Renko mode introduces a more advanced and noise-filtering method of visualizing price movements. Renko charts, constructed using the ATR (Average True Range) as a baseline, display blocks that represent a specific price range. The script dynamically calculates the size of these blocks based on ATR, with separate thresholds for upward and downward movements. This makes Renko mode particularly effective for identifying sustained trends while ignoring minor price fluctuations. Additionally, the open and close values of Renko blocks can be smoothed to further refine the visualization.
The Bubbles mode represents price activity using circles or bubbles whose size corresponds to relative volume. This mode provides a quick and intuitive way to assess market participation at different price levels. Larger bubbles indicate higher trading volumes, while smaller bubbles highlight periods of lower activity. This visualization is particularly valuable in understanding the relationship between price movements and market liquidity.
The coloring of candles and other chart elements is a core feature of this script. Users can select between two color modes: Normal and Volume. In Normal mode, bullish candles are displayed in the user-defined bullish color, while bearish candles use the bearish color. Neutral elements, such as midpoints or undecided price movements, are shaded with a neutral color. In Volume mode, the candle colors are dynamically adjusted based on trading volume. A gradient color scale is applied, where the intensity of the bullish or bearish colors reflects the volume for that particular bar. This feature allows traders to visually identify periods of heightened activity and associate them with specific price movements.
Engulfing patterns, a popular technical analysis tool, are automatically detected and marked on the chart when the corresponding setting is enabled. The script identifies long engulfing patterns, where the current bar's range completely encompasses the previous bar’s range and indicates a potential bullish reversal. Similarly, short engulfing patterns are identified where the current bar fully engulfs the previous bar in the opposite direction, suggesting a bearish reversal. These patterns are visually highlighted with circular markers to draw the trader’s attention.
Each feature and mode is highly customizable. The colors for bullish, bearish, and neutral movements can be personalized, and the thresholds for patterns or smoothing can be fine-tuned to match specific trading strategies. The script's ability to toggle between various modes makes it adaptable to different market conditions and analysis preferences.
In summary, the Alternative Price script is a comprehensive tool that redefines the way traders view price charts. By offering multiple visualization modes, customizable features, and advanced detection algorithms, it provides a powerful way to uncover market trends, volume relationships, and significant patterns. The recommendation to hide default chart elements ensures that the focus remains on this innovative tool, enhancing its usability and clarity. This script empowers traders to gain deeper insights into market behavior and make informed trading decisions, all while maintaining a clean and visually appealing chart layout.
Keep in mind that some of the modes of this indicator might not reflect the actual closing price of the underlying asset, before opening a trade, check carefully the actual price!
SUPER RSI [Gabbo]RSI revolutionizes the classic RSI by allowing you to modify its behavior based on different chart types and dynamic multi-source calculations.
It’s designed for traders who want greater precision and adaptability in momentum analysis across various market conditions.
Whether you want to apply the RSI on alternative candles like Heikin Ashi, Renko, or even combine multiple data sources, this tool provides maximum flexibility.
🔷 Key Features
🟩Customizable Chart Inputs
Apply RSI calculations not only on traditional candles but also on alternative bar types like Heikin Ashi, Kagi, Line Break, Point & Figure, and Renko for a deeper understanding of trend strength.
🟩Multi-Source Aggregation
Blend multiple sources together to create a more stable and refined RSI signal. Combine 2, 3, 4, or even 5 different sources into a single input.
🟩Dynamic RSI and Bands
Unlock advanced options to dynamically adjust the RSI itself and its surrounding bands based on real-time price action.
🔷 Technical Details and Customizable Inputs
1️⃣ Bar Type Selection:
Choose the type of chart structure used for RSI calculation:
Candles (classic)
Heikin Ashi
Kagi
Line Break
Point & Figure
Renko
2️⃣ Use Different Source???
Activate multi-source RSI by combining multiple elements:
2 sources : (Source 1 + Source 2) ÷ 2
3 sources : (Source 1 + Source 2 + Source 3) ÷ 3
4 sources : (Source 1 + Source 2 + Source 3 + Source 4) ÷ 4
5 sources : (Source 1 + Source 2 + Source 3 + Source 4 + Source 5) ÷ 5
3️⃣ Use Dynamic RSI???
Enable a dynamic RSI calculation that adjusts in real-time to market behavior for greater responsiveness.
4️⃣ Use Dynamic Band???
Enable dynamic bands that adapt to price action rather than relying on fixed static thresholds.
🔍 How to Use Dynamic RSI Source Pro
📈 Choose Your Candle Type
Select the bar format that best matches your strategy needs—classic candles, Heikin Ashi, Renko, and more.
🧩 Customize Your Data Source
Activate multi-source input to create smoother, more reliable RSI signals.
⚡ Unlock Dynamic Adaptation
Enable dynamic RSI and bands to adjust automatically to live price movements and enhance signal accuracy.
☄️ With Dynamic RSI Source Pro, you can elevate your RSI analysis by applying it dynamically across multiple candle types and sources, giving you a new level of control and precision.