RSI Crossover Marker by NextPercent

21 Mac

RSI Crossover Marker by NextPercent
This indicator combines RSI crossovers with moving averages and optional divergence detection to generate trading signals.

Key Features:
• RSI crossover signals with customizable moving average (EMA, SMA, WMA, RMA)
• Optional divergence detection
• Flexible timeframe settings
• Wait for candle close option
• Visual signals using triangles above/below price bars

Signal Generation:
• Bullish Signal: RSI crosses above the moving average
• Bearish Signal: RSI crosses below the moving average
• When divergence is enabled, signals only appear with confirmed divergence patterns

Customizable Parameters:
• RSI Length and Source
• Moving Average Type and Length
• Bollinger Band Standard Deviation
• Timeframe Selection
• Divergence Detection Toggle

Visual Signals:
• Green triangles appear below bars for bullish signals
• Red triangles appear above bars for bearish signals

Note:
This indicator is designed to help identify potential trend reversals and trading opportunities based on RSI momentum and optional divergence confirmation.

22 Mac

Nota Keluaran

RSI Crossover Marker v2.0 - Release Notes
We're excited to bring you a major update to the RSI Crossover Marker! This version introduces several powerful features to help you make more informed trading decisions.

📈 Smarter Trading Signals
• Volume Confirmation: Your signals are now volume-aware! Signals only appear when there's sufficient market participation, helping you avoid false signals during low-volume periods. The indicator automatically filters out potential signals during low-volume conditions.

• Price Action Validation: New signals are confirmed by actual price movement, using ATR (Average True Range) to ensure the market is showing real momentum.

• Divergence Detection: Spot potential trend reversals with our new divergence detection system. Perfect for identifying high-probability trading opportunities when price and RSI tell different stories.

🎯 Better Visual Feedback
• RSI values now appear directly on your chart at each signal point
• Color-coded labels make it easy to spot bullish (green) and bearish (red) signals
• Cleaner, more intuitive signal placement around price bars

⚙️ More Control Over Your Strategy
You can now fine-tune your signals with these new settings:

Volume Filter:
• Toggle volume confirmation on/off
• Adjust the volume MA length to match your trading style

Price Action Settings:
• Set minimum price movement requirements using ATR
• Customize how strong a price move needs to be for signal confirmation

Divergence Options:
• Enable/disable divergence filtering
• Perfect for traders who want to focus on higher-probability reversal setups

💡 Pro Tips
• Start with the default settings and gradually adjust them to match your trading style
• Use the "Wait for candle close" option for more reliable signals
• Combine volume, price action, and divergence filters for the highest-quality signals

🔧 Setup
All new features are easily accessible through the indicator settings panel. Each option comes with helpful tooltips to guide you through the configuration process.

We hope these improvements help you make better trading decisions! As always, we recommend testing these new features in a demo environment first to find the settings that work best for your trading style.

Happy Trading!
- NextPercent Team

22 Mac

Nota Keluaran

RSI Crossover Marker v2.1 - Release Notes

What's New? 🎯
We've made your charts cleaner and easier to read!

Cleaner Charts

• Removed the floating RSI numbers that used to appear with each signal
  
• Kept the essential signal markers that you love:
  
  • Green circles below candles for buy signals
    
  • Red circles above candles for sell signals
    

Why This Change?
We noticed that while RSI values are informative, they can make charts appear cluttered, particularly when multiple signals occur close together. This update delivers the same reliable signals with a cleaner, more streamlined look.

What Stays the Same?
Everything you rely on for trading decisions remains unchanged:

• All your RSI crossover signals work exactly as before
  
• All filters still work the same way:
  Volume confirmation
  Price action validation
  Strong close requirements
  RSI thresholds
  
• All your current settings and configurations remain untouched
  

Using the Update

• No action needed! Your indicator will automatically update while keeping all your custom settings.
  
• If you miss seeing the RSI values, remember you can always check them on your RSI window or by hovering over the RSI indicator.
  

As always, happy trading! 📈

Note: If you have any questions or feedback, please reach out to us through TradingView.