This is little tricky indicator but you need to understand how its work in order to make it easy to understand
The black line is DEMA RSI hybrid which is made on the MTF length that is not repainting.
The green and red zones are also DEMA RSI that is calculated in different way (the cross between the fast and the slow moving create the color change and the signal....
Based on the RSI + EMAx3 script, I further added the Stochastics to it, to create the all in one indicator for my current style of trading. It's more convenient to have just one indicator, imo, instead of two at the bottom.
Like I mentioned in the RSI_EMAx3 script, the EMAs can be used similar to the "Williams Alligator" and as Support & Resistance for the RSI, or...
This indicator is mostly the same as other RSI+EMA indicators, the relevant difference is that it uses three EMAs instead of one.
The additional two EMAs can act as support/resistance and tell how strong a move is (eg. 'Williams Alligator'). It provides the same utility any MA does.
This is a modified RSI formula that draws two different RSI time frames on top of eachother with additional signal points on it.
Please don't ask for getting access. Only my students can have access to these tools because they are part of my methodology and prefabricated with fixed numbers that would work ONLY on my system.
This indicator is mostly the same as other RSI+EMA indicators, the relevant difference is that it uses three EMAs instead of one.
The additional two EMAs can act as support/resistance and tell how strong a move is (eg. 'Williams Alligator'). It provides the same utility any MA does.
Trading strategy using:
ADX: D+ and D-
RSI
Historical Volatility
Stop-loss
This Strategy works best on a 12h or 1D time frame, for pairs like BTC-USD or XRP-USD
This indicator evaluates the trend based on crosses of two McGinley moving averages. It paints candles accordingly (it does not repaint), so you can see what the indicator is saying more clearly and stay in your trade until you see a period of consolidation or a reversal. You can control how far away those moving averages need to be for you to consider it a trend....
Tactics and strategy
The indicator combines 2 variants of the RSI indicator. The first option is calculated relative to the normal close price. The second option is calculated relative to the volume price. The volume price is calculated as the product of the volume price. For normal RSI, the default period is 9, for the volume price .
Settings. Level_close sets...
Spiky Iguana Multi RSI Bands by RagingRocketBull 2018
Version 1.0
This indicator shows multiple RSI Bands with prices corresponding to specified overbought/oversold RSI levels.
It is used to extrapolate the exact price levels currently matching a given set of RSI levels based on prior price/RSI levels action.
You can think of it as a reverse RSI where RSI levels...
This is RSI but using WMA as a part of calculation. Green is bullish and red is bearish. This is not my idea. All the credits go to @alexgrover. Have to protect the code just in case someone will commercialise this.
This Stochastic Special Strategy features inputs for:
- Custom Backtesting Date Range
- Long and Short Strategy Discinctions
- Utilize SMI, RSI, Martingale, and Body-Filter Strategy
- Adjust the SMI Percent Lengths and Limit
- Automate with the Autoview Trading Bot
Strategy script may be tested by favoriting and adding to any chart.
Study script is...
Gives the same info as a conventional RSI oscillator except it's shown as a scary cave that price is trying to avoid touching. An indicator for the more visual traders out there. With thanks to LazyBear for the RSI band code.
I've included an RSI in the chart above for demonstration purposes.
![XBTUSD.P: WMA RSI [Le Soleil]](https://s3.tradingview.com/w/wVuMPHGp_mid.png "WMA RSI [Le Soleil]")
![LTCUSDT: RSIVolume_2graf.01[wozdux] Tactics and strategy](https://s3.tradingview.com/t/tlJ4xw3b_mid.png "RSIVolume_2graf.01[wozdux] Tactics and strategy")
