This indicator couples RSI oversold and overbought regions with unusual volume . Often times you will see the final leg of a trend exhaust itself with this volume climax. This indicator is meant to help spot these instances.
User has the ability to customize oversold and overbought regions as well as a multiplier for how much more the volume needs to be relative...
This is a combination of the tools that I am using in my charting:
Moving Averages ( EMA , MA)
MA bull/bear cross markers
Bollinger Band
RSI overbought/oversold signals
RSI OB/OS background colors
RSI bearish/bullish momentum signals
RSI regular and hidden divergence
Features:
Shows buy/sell signal when RSI crosses above median levels. Default at 55.
The original median settings is filtered using multiple EMAs, SMAs and Bollinger Band in order to provide less noise and better signals.
Above median RSI- means trend is bullish
Below median RSI - means trend is bearish
Additional features:
Also has an option to use dual...
Features:
This shows on the chart if RSI is overbought or oversold.
*Extreme OS/OB levels shows a different marker.
RSI Regular and hidden Divergence
*Extreme OB/OS levels are 80/20 respectively.
4x Multi-Timeframe RSI - by Redjinator (August 2019)
This is a new version of an old indicator of mine and has been updated for a much more accurate reading of timeframes greater than the on screen chart.
Features of this indicator are:
- under the hood it uses pine script v 4.0
- repainting issues normally caused by pulling data from higher...
