1. long a. RSI does not open an order when it is overbought, until the RSI falls below a certain threshold, and then open a position b. There are already many positions. If the RSI is overbought, it will be profitable. When the RSI falls below a certain threshold, open a long position again until the moving average crossover signal turns short. 2. Short a. RSI...
This is the backtesting script for Reticulata Reticulata is the first of many scripts to come from Bull Bear Bots. It is an early release version and supports multiple trade logics. The script works across various markets including Forex and Cryptocurrencies. All of our scripts are designed for manual traders but are ready to use with automated trading...
Parallox Many traders are familiar with or utilize the Relative Strength Index ( RSI ) and/or the Commodity Channel Index ( CCI ). For good reason, these classic and simple to understand indicators have made their way into many traders indicator bays with mixed results. As we often do with our trading style and indicators here at Cracking Cryptocurrency is take...
Create a strategy for the good indicator created by @RafaelZioni Which is composed of ANN data taken from and the super trend shared by www.tradingview.com Feel free to share and copy this script! Enjoy!
Hashem Helper Two This Indicator contains many indicators and mixture of them. RSI+MFI = Green and Red Cloud (Above 0 is Green, Below 0 is Red) StochRSI (K = Aqua, D = Purple) WaveTrend (Not shown directly but used in the bigger Aqua and Purple Cloud Waves) VWAP (Volume-Weighted Average Price) = Yellow Cloud Around 0 Line. The Blue WaveCloud ( which is...
Hashem Helper One This indicator is mixture of WaveTrend and RSI with EMA Crosses. There are 8 EMA (Ribbon) which in confluence of RSI and WaveTrend gives shapes above the candles. SHAPES: Red Diamond = Bearish Momentum in the trend. Orange Cross = Probability of the following candles to be reverse back to the candle which has orange cross...
On the weekly chart of BTC/USD, the difference between the 14-RSI and the 36-MFI, combined with the 14-RSI alone, gives good buy and sell signals.
This script fires off real-time RSI Divergence alerts. To best use the RSI Divergence indicators, adjust the following settings accordingly. • RSI Bullish Divergence Under: 20 – 45 (lower for larger volatility and more bearish markets) • RSI Bearish Divergence Above: 55 – 80 (higher for larger volatility and more bullish markets) Key Notes: ...
DELTA7 RSI (Augmented RSI) DELTA7 System is a full-featured system with an advanced chart-overlay and an augmented RSI oscillator that doesn't require any further indicators. It's a complete solution focused on being simple and minimal for a traders/investors that want to make decisions based on price, trend, momentum and market structure.
To best use the RSI Divergence indicators, adjust the following settings accordingly. • RSI Bullish Divergence Under: 20 – 45 (lower for larger volatility and more bearish markets) • RSI Bearish Divergence Above: 55 – 80 (higher for larger volatility and more bullish markets) THIS SCRIPT DOES NOT REPAINT AND IS COMPLETELY FREE.
This is just a candle stick version of Apirine Slow RSI. The yellow line is Apirine Slow RSI with the option to set an offset to it to filter out nice. RSI oscillating between 0 and 100. And whats good with Apirine version is it generates both OB/OS signals and midline (50) cross over signals and divergences. As author suggests, bullish/bearish divergences...
This script can identify the price trend by overlaying colors as based on an algorithm using RSI and MA. Disclaimer: This should be effective on higher timeframes. This also works best with my RSI + StochRSI indicator. Red = short zone Orange = chop zone Blue = long zone Strategy: Blue = you can HODL until the trend changes Orange = good for scalping...
This Script generates buy sell signal based on RSI Average Calculation. Best to use in one hour time frame.
This is a FIB / RSI combined indicator designed to locate tops and bottoms.
This is a simple study that combines MFI and RSI and provides buy/sell alerts. The red lines are MFI. the blue lines are RSI. Boundries are colored as the indicators and are user configurable. Black triabgles are buy/sell points when both MFI and RSI are overbought/sold.
Before I go through this chart I want to acknowledge the great programmers who spent much of their time and effort to assist many TV users and traders. Thank you to LunaOwl for the RSI American lines her script made me realize the need to have trendlines, supports, and resistance on RSI charts. Also, a copy of Lij_MC code from was taken which had been credited...
Every developer should have there own Relative Strength Index indicator. This is my version. Relative Strength Index or RSI is the most used indicator. It is an momentum based oscillator which is used to measure the velocity as well as the change of direction of price action. Essentially RSI provides a visual mean to monitor both the current, as well as...