RSI by zdmreTraditional interpretations and usage of the RSI dictate that values of 70 or above suggest that a security becomes overbought or overvalued and may be primed for a trend reversal or corrective price pullback. An RSI reading of 30 or below indicates an oversold or undervalued condition.
30 = Oversold
70 = Overbought
Thanks @DieGobelMonte for your suggestion.
Pesquisar nos scripts por "rsi"
RSI c/w MA, ADX and ATR data I have added 3 items to the RSI indicator which helps me to get more information at the same time.
1) ADX value - when ADX is above 25 we have a strong trend
2) ATR Value - helps me to calculate my daily targets and stop-loss levels at a glance.
3) A simple moving average - This shows me the trend of RSI. If the price breaks a trend line and at the same time RSI crosses above the MA, it shows me a breakout has happened. In longer timeframes, it can show you in advance if you should expect a reversal in the trend.
You can turn on or off the MA as well as the ADX line.
RSI OBLIVION This is a powerful tool if combined with other parameters. It's an advanced version of an RSI .
It shows OB and OS conditions and price direction or shift of the trend.
This indicator can be used in various ways with all markets.
The current settings are designed to work with futures market.
Combined with our TSI and Price action, RSI OBLIVION is the most reliable KPI out there.
Reached out to us for assistance.
RSI with BB and MAsThis indicator is based on the 'rsi sma/ema CU' indicator by auroagwei. That is a great base to start with.
I've added Bollinger Bands, crossover indications and alert conditions to it, to work with a combined RSI - MA - BB strategy.
RSI ExtendedThis script is intended to print signals on the main price chart and send alerts when the RSI is overbought or oversold.
You can customize the source of the signal (open, close, etc), as well as oversold/overbought levels, and RSI length.
RSI Over EMA Trend SniperThis is an indicator that uses horizontal EMA lines with a RSI line on top of it to provide optimal entry and exit positions for trading crypto.
How to use:
If the Aqua(RSI) line passes upwards on the red heading to the white - it's heading towards a good BUY signal. To be safe you wait until it passes above the white line, then BUY LONG. Another signal to buy long is when the Aqua line passes above the white and green lines.
Selling is essentially the opposite, if the Aqua line is passing down from the green or white lines, then it's time to sell and exit your trade.
This indicator works well as a confirmation, and it's nice to have multiple confirmations, so it's suggested you use this with other indicators that can provide entry and exit confirmations.
RSI & MACDThis indicator presents standart RSI and MACD indicators in a single indicator. The appearances of these indicators have been modified a little bit and squeezed into one window. To overcome the scale problem the MACD values has expanded with 1000 and divided by the current price to use both indicators in the same scale. Original values could be determined from there. Original Tradingview codes have been used to get full control of graphs.
Bu indikatör RSI ve MACD gösterfgelerini tek bir indikatörde sunuyor. İndikatörlerin görünüşleri bir miktar modifiye edilip iki indikatörğn tek bir pencereden takip edilmesine olanak sağlanmıştır. İki indikatördeki farklı ölçek kullanımından ortaya çıkan ölçek sorunu MACD değerlerinin 1000 ile genişletilip, ürünün güncel fiyatına bölünmesiyle giderilmiştir. Her iki indikatiör için de orjinal Tradingview kodları kullanılmıştır.
ATC RSI + EMA+SMA + Control Zones and crossover RSI is used to identify the strength of the trend and its limited between 0 and 100 and it fluctuates in this range. The most important levels are 50, 70 and 30
but I added other areas to it , including 89 and 13 , 61 and 38 Fibonacci levels and correction percentages i also add some other levels witch can act as a good
resistance and support areas .
this version is high smoothed version which means noises are taken so you can use crossovers to , they are so good for scalping .
actually crossovers are the confirmation of divergences Bull & Bearish divergence as well as hidden Bull & Bearish divergences
u can take confirmation from candlestick to .divergences is almost similar to macd divergences but with more filters
divergence is when price action is making two or more successive local highs or lows and the RSI oscillator makes a lower high or higher low .
color alert in oversold and over bought
two plot around baseline witch is a breakout confirmation very useful for scalping
colors ,setting ,everything coded. As default so u dont need to change it
RSI Weekly and MonthlyThis script publishes the weekly and monthly RSI Indicator on the daily chart.
You have an option to view the daily RSI
It is preferable to use this indicator on a Lower time frame. Eg. Daily, 1 hour chart...
RSI Colour OverlayApplies Blue or Pink colour overlay to candles when RSI is at or over the predefined parameters. These parameters are adjustable in the settings area of the indicator. Please note RSI does not guaranteed a pivot point in price action and the colour overlay should only be used as an indication or condition not a call to buy or sell alone. The colour overlay is a useful prompt to review price action. I hope this helps and good luck with your analysis and trading.
RSI With Noise Elimination Technology (John Ehlers)Indicator translation to Pinescript requested by cookie_crusher on Twitter. The "RSI With Noise Elimination Technology" (NET) is an indicator developed by John Elhers.
The indicator is simply a rolling Kendall rank correlation coefficient of a normalized momentum oscillator (a version of the RSI introduced by Elhers in the May 2018 issue of Stocks & Commodities). It can be interesting to note that the absolute value of this oscillator is equal to the efficiency ratio used in the Kaufman adaptive moving average (KAMA).
Even if both the normalized momentum oscillator and rolling Rank correlation are scale-invariant oscillators, they do not have the same behaviors when increasing their settings, that is the normalized momentum oscillator scale range will become lower while the Kendall correlation will stay close to 1/-1, here is a closed-form approximation of the mean of the absolute value of the normalized momentum oscillator absolute value (efficiency ratio):
E (er) ≈ 1/√p
Where E (er) is the mean of the efficiency ratio er while p is the period of the efficiency ratio, as such the scale of the normalized momentum oscillator will shrink with a higher period, maybe that both are not intended to be plotted at the same time but that's what the original code does.
It's still a coll indicator. The link to J. Elhers article is in the code.
RSI - MTF - Non RepaintUsing rsi with security function directly will cause repaint. Hence, doing it based on close price and calculating rsi via formula to avoid that. Hope this solves repainting issue.
Thanks to @Jittra for requesting this :)
RSI Divergence multi Timeframe Ultimate
2 x Rsi Level
Show Divergence and Color Bars
Show RSi from multi Timframes with lines and/or Label
Fully configurable
Aertable
RSI Over 85When Weekly RSI, using Coinbase Data, gets over 84 , then it generates a marker on the chart saying FOMO
I had been manually checking that. However, this is needed for my own personal use as an alert. Hence, I created this.
This is so simple script that I have made this open-source.
Note: This is my own belief that whenever RSI is over 84 on weekly timeframe using COINBASE data, there may be one red candle nearby. This only works with BTC charts. It does not work with other charts.
RSI de 4 [Valente]Study RSI 4 (RSI 25) from connors strategy. It will fill the candle color with green on buy signals and red on end positions base on RSI4 study.
RSI -ZIGZAGSo this indicator is RSI Zigzag
with fast RSI with create high and low
then we just add % zigzag
you can modify the signal by length or by % of the zigzag that make change
the signal created by the cross over the zigzag
alerts included
there is no lag in this zigzag
RSI PieMore a novelty than anything useful. Measures the % of overbought/sold RSI and renders as a pie chart. RSI % -> Radians -> (x,y) -> bar_time. 24hr market charts only.
RSI (Lucho_FGL) MulticolorIt is an RSI indicator. Unlike the rest, we can see at a glance areas of over-buying and over-selling. We can also see the crossing of the RSI indicator with the Exponential Moving Average with its colored areas.
RSI Chart Bars 8 55 45Dear Traders
This RSI 8 period made for perfect entry for Long and Short for Intraday/Scalping in any time frame, when RSI 8 crossed above 55 the Candle charged to White then you can go for Long/Buy and when crossed below 45 the Candle changed to Yellow so you can go for Short/Sell, it working in any time frame.
Thanks & Regards
Nesan
RSI, STOCHASTIC, KELTNER AND EMA CROSSES COMBINEDI have combined RSI and Stochastic but also added an keltner channel and then also two EMA's.
How the indicator works is the background turns green when the rsi and stochastic are below 20 and the keltner channel is below X and also your fast ema is below your slow ema and then vice versa for sell signals.
Feel free to leave a comment on what you think and what could be improved on it because i know their is some fine tuning to do and some improvement that can be made and I'm sure i'll be updating this myself.
All the variables are interchangable and the indicator has alert functionality.
RSI cross Bollinger Band indicatorThis is a RSI cross Bollinger Band indicator that paints bgcolor short and long signals when the RSI cross's up through the lower bollinger band ( Long ) or cross's down through the upper bollinger band ( Short )
I have also added alerts for the signals
please note there is still noise with this, you need to use with something else like MFI or VFI
RSI SUPER TREND V1very simple script of RSI super trend based on super trend V
(can be found in my open scripts
buy period is green
sell period is red
you can change length by min time (now set to 240 min)
you can change output by RSI length or the supertrend ATR
very easy to add signal or alert to it
i may do it later
RSI HLOCShout out to @FnM_Capital for the original script
For that its open code as his was
ALl i added was a different variable for the color code and also removed some things i found unneeded
I also changed the period and the underlying rsi variable from RMA to WMA
The final change i made was the zones he had, i changed them to reflect my SRSI levels.
good little secondary check to strength in momentum . Wicks and candle patterns have the same logic in the RSI version made here
CHEERS
RSI Custom BandsThere is no change in the RSI functionality. The idea is that everybody can adjust the oversold and overbought regions shown in the RSI indicator. So if you like to change these bands then you can do it here.
Important:
Original Code is written by JusttyMaldonado and TradingView itself. I simply added the functionality to adjust the bands to the values you like. It seemed helpful to me as I sometimes changes these areas so it might be helpful for other too.
