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RSI Div at Daily VWAP StDev

34 195
Mean Reversion indicator based on RSI Divergences at Overbought/Oversold conditions with Price above/below a Standard Deviation from Daily VWAP. Useful for intra-day trading.

Signal criteria:
1. RSI is at Overbought/Oversold
2. RSI Divergence present (not hidden)
3. RSI has not reached Neutral level (i.e. 50)
4. Price has crossed above/below a Standard Deviation from Daily VWAP

Config Options:
- RSI length (default:14)
- Divergence Lookback Period (default:14)
- RSI Oversold/Overbought tresholds (default: 70/30)
- RSI Reset Level (default: 55/45)
- Use VWAP Std Dev (default: yes)
- Standard Deviation from Daily VWAP (default: 1.51)

Use with discretion.
Nota Keluaran
Fixed filtering of divs under RSI Overbought/Oversold
Nota Keluaran
Can choose Indicator Time Frame
Nota Keluaran
fix reset when crossing neutral level
Nota Keluaran
Fixes identification of divergences when 2nd SH/SL on RSI is not at extremes, as it is still a valid divergence.
Nota Keluaran
bugfix: some bearish divergences where detected below overbought

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.