RSI Candles - Appa SoTradition RSI just shows the line as an indicator when the price candle is changed. So Indicator hasn't been able to offer open price RSI and close price at once. Rsi candles can make the user be able to see RSI open and close price is changed simultaneously with Candle form.
RSI 캔들 형태로 표현하여 open 가격과 close 가격의 RSI 데이타를 동시에 볼 수 있게 표현 하였습니다. - 제작: 압력밥소
Relative Strength Index (RSI)
Ultimate RSI With Some Spices★彡 𝓤𝓵𝓽𝓲𝓶𝓪𝓽𝓮 𝓡𝓢𝓘 𝓦𝓲𝓽𝓱 𝓢𝓸𝓶𝓮 𝓢𝓹𝓲𝓬𝓮𝓼 彡★
* Hi everybody here's the ★彡 𝓤𝓵𝓽𝓲𝓶𝓪𝓽𝓮 𝓡𝓢𝓘 𝓦𝓲𝓽𝓱 𝓢𝓸𝓶𝓮 𝓢𝓹𝓲𝓬𝓮𝓼 彡★ indicator and how to use it :
彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡
First we have that red : green {RSI EMA Line}line in the indicator which show the current symbol situation \
𝐒𝐢𝐦𝐩𝐥𝐲 : 𝐢𝐟 𝐭𝐡𝐞 𝐥𝐢𝐧𝐞 𝐜𝐥𝐨𝐬𝐞 𝐰𝐢𝐭𝐡 𝐠𝐫𝐞𝐞𝐧 𝐜𝐨𝐥𝐨𝐫 𝐲𝐨𝐮 𝐜𝐚𝐧 𝐨𝐩𝐞𝐧 𝐚 𝐥𝐨𝐧𝐠 𝐭𝐫𝐚𝐝𝐞 𝐚𝐧𝐝 𝐞𝐱𝐢𝐭 𝐰𝐡𝐞𝐧 𝐭𝐡𝐞 𝐫𝐞𝐝 𝐜𝐨𝐥𝐨𝐫 𝐚𝐩𝐩𝐞𝐚𝐫𝐬
I𝐧 𝐭𝐡𝐞 𝐬𝐚𝐦𝐞 𝐭𝐢𝐦𝐞 𝐰𝐞 𝐡𝐚𝐯𝐞 𝐨𝐭𝐡𝐞𝐫 𝐭𝐡𝐢𝐧𝐠𝐬 𝐭𝐨 𝐮𝐬𝐞 𝐰𝐢𝐭𝐡 𝐭𝐡𝐚𝐭 𝐰𝐨𝐮𝐥𝐝 𝐡𝐞𝐥𝐩 𝐮𝐬 𝐭𝐨 𝐦𝐚𝐤𝐞 𝐚 𝐠𝐨𝐨𝐝 𝐨𝐫𝐝𝐞𝐫
Like The 𝐂𝐲𝐜𝐥𝐞𝐫 𝐬𝐢𝐭𝐮𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐟𝐢𝐛𝐨𝐧𝐚𝐜𝐜𝐢 𝐥𝐞𝐯𝐞𝐥𝐬
We have the 𝐧𝐞𝐱𝐭 𝐟𝐢𝐛𝐨𝐧𝐚𝐜𝐜𝐢 𝐥𝐞𝐯𝐞𝐥𝐬 𝟐𝟎 ,𝟑𝟎 ,𝟓𝟎 ,𝟔𝟏.𝟖 ,𝟖𝟎 { 61.8 𝐢𝐬 𝐭𝐡𝐞 𝐭𝐡𝐞 𝐟𝐢𝐛𝐨𝐧𝐚𝐜𝐜𝐢 𝐠𝐨𝐥𝐝𝐞𝐧 𝐫𝐚𝐭𝐢𝐨 }
About The 𝐂𝐲𝐜𝐥𝐞𝐫 you can use it to know where is the current symbol go { UP : Green ,| Down : Red ,| White : Where the symbol movement is in a slight fluctuation without any significant up or down }
░▒▓█ 𝐍𝐨𝐭𝐞 : 𝐓𝐡𝐞 𝐂𝐲𝐜𝐥𝐞𝐫 𝐥𝐢𝐧𝐞 𝐢𝐬 𝐭𝐡𝐞 𝐬𝐚𝐦𝐞 𝐟𝐢𝐛𝐨𝐧𝐚𝐜𝐜𝐢 𝐥𝐞𝐯𝐞𝐥 ' 𝐫𝐚𝐭𝐢𝐨 𝟓𝟎 ' █▓▒░
𝐡𝐞𝐫𝐞'𝐬 𝐚 𝐟𝐚𝐬𝐭 𝐩𝐡𝐨𝐭𝐨 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐰 𝐞𝐯𝐞𝐫𝐲𝐭𝐡𝐢𝐧𝐠
When the RSI EMA Line reach the purple 𝐟𝐢𝐛𝐨𝐧𝐚𝐜𝐜𝐢 level its a very good entry point where the RSI is over sold and ready to g oup again
When the RSI EMA Line reach the Golden 𝐟𝐢𝐛𝐨𝐧𝐚𝐜𝐜𝐢 level its a very important area in the line crossover it then it's a very amazing entry time but if the RSI EMA line crossunder this line then the price w'll drop down
❤❤❤❤ 𝐟𝐢𝐧𝐚𝐥𝐥𝐲 𝐇𝐚𝐯𝐞 𝐚 𝐠𝐨𝐨𝐝 𝐭𝐢𝐦𝐞 ❤❤❤❤
RSI PacingThe RSI Pacing indicator compares the movement of the RSI directly with the movement of the asset to help identify divergences.
Bullish Divergences
The RSI is increasing at a greater rate than the pace of the asset.
The RSI is decreasing at a lesser rate than the pace of the asset.
Bearish Divergences
The RSI is decreasing at a greater rate than the pace of the asset.
The RSI is increasing at a lesser rate than the pace of the asset.
Warning: Does not yet work on higher timeframes yet. Working on getting the pace normalized to the RSI's bounds.
RSI In-Chart Indicator with Candle StickSimplified RSI with in Chart Indicator for better analysis, What is does? it simply plot OB/OS over candles for better understanding. Also you can on/of candle stick along side in setting but the RSI is always on.
Candle stick Patterns
Three White Soldier (TWS)
Three Black Crows (TBS)
WSTF RSI2 IndicatorThis is the Indicator replicating the basic RSI(2) created by Wilders.
Buy condition:
(RSI(2) crossed under 10) & (close > EMA(200)) & (EMA(5) > close)
Sell condition:
(RSI(2) crossed over 90) & (close < EMA(200)) & (EMA(5) < close)
You can play around with the script by adjusting the RSI Values, EMA values and crossover & crossunder threshold.
We will update the script with new features in the futures.
Please don't hesitate to share some Ideas or Feedbacks, we would be happy to improve the script for you !
Have fun !
WS TradingFactory
OMA (One More Average) RSI Histogram [Loxx]OMA (One More Average) RSI Histogram is an RSI histogram built using the OMA adaptive moving average. This is meant to filter out the noise from regular RSI. You'll notice that it rarely signals, but the signals that do show up are perfectly set up for mean reversion/trend ATR-based trading.
What is the One More Moving Average (OMA)?
The usual story goes something like this : which is the best moving average? Everyone that ever started to do any kind of technical analysis was pulled into this "game". Comparing, testing, looking for new ones, testing ...
The idea of this one is simple: it should not be itself, but it should be a kind of a chameleon - it should "imitate" as much other moving averages as it can. So the need for zillion different moving averages would diminish. And it should have some extra, of course:
How to use
Green means buy
Red means sell
Included
Bar coloring
Volatility Ratio Adaptive RSX [Loxx]Volatility Ratio Adaptive RSX this indicator adds volatility ratio adapting and speed value to RSX in order to make it more responsive to market condition changes at the times of high volatility, and to make it smoother in the times of low volatility
What is RSX?
RSI is a very popular technical indicator, because it takes into consideration market speed, direction and trend uniformity. However, the its widely criticized drawback is its noisy (jittery) appearance. The Jurik RSX retains all the useful features of RSI, but with one important exception: the noise is gone with no added lag.
Included:
-Toggle on/off bar coloring
JG RSI/MFI/divergence IndicatorThis is a combination of
- RSI (relative strength index)
- MFI (money flow index)
- Divergences on the RSI
MFI behaves much the same as RSI but it more responsive/to some degree a leading indicator. I find it helps having this overlayed with RSI to help gauge price action and sentiment, as well as for confluence with RSI.
Phase-Accumulation Adaptive RSX w/ Expanded Source Types [Loxx]Phase-Accumulation Adaptive RSX w/ Expanded Source Types is a Phase Accumulation Adaptive Jurik RSX.
What is RSX?
RSI is a very popular technical indicator, because it takes into consideration market speed, direction and trend uniformity. However, the its widely criticized drawback is its noisy (jittery) appearance. The Jurk RSX retains all the useful features of RSI , but with one important exception: the noise is gone with no added lag.
What is Phase Accumulation?
The phase accumulation method of computing the dominant cycle is perhaps the easiest to comprehend. In this technique, we measure the phase at each sample by taking the arctangent of the ratio of the quadrature component to the in-phase component. A delta phase is generated by taking the difference of the phase between successive samples. At each sample we can then look backwards, adding up the delta phases.When the sum of the delta phases reaches 360 degrees, we must have passed through one full cycle, on average.The process is repeated for each new sample.
The phase accumulation method of cycle measurement always uses one full cycle’s worth of historical data.This is both an advantage and a disadvantage.The advantage is the lag in obtaining the answer scales directly with the cycle period.That is, the measurement of a short cycle period has less lag than the measurement of a longer cycle period. However, the number of samples used in making the measurement means the averaging period is variable with cycle period. longer averaging reduces the noise level compared to the signal.Therefore, shorter cycle periods necessarily have a higher out- put signal-to-noise ratio.
Included:
-Toggle on/off bar coloring
RSI - S&P Sector ETFsThe script displays RSI of each S&P SPDR Sector ETF
XLB - Materials
XLC - Communications
XLE - Energy
XLF - Financials
XLI - Industrials
XLK - Technology
XLP - Consumer Staples
XLRE - Real Estate
XLU - Utilities
XLV - Healthcare
XLY - Consumer Discretionary
It is meant to identify changes in sector rotation, compare oversold/overbought signals of each sector, and/or any price momentum trading strategy applicable to a trader.
ATR-Adaptive, Smoothed Laguerre RSI [Loxx]ATR-Adaptive, Smoothed Laguerre RSI is an adaptive Laguerre RSI indicator with smoothing to reduce noise
What is Laguerre RSI?
The Laguerre RSI indicator created by John F. Ehlers is described in his book "Cybernetic Analysis for Stocks and Futures".
This version:
Instead of using fixed periods for Laguerre RSI calculation, this indicator uses an ATR (average True Range) adapting method to adjust the calculation period. This makes the RSI more responsive in some periods (periods of high volatility), and smoother in order periods (periods of low volatility). Also this indicator adds an option to have smoothed source input including Loxx's Expanded Source Types.
Included
-Loxx's Expanded Source Types
-Bar coloring
RAS.V2 Strength Index OscillatorHeavily modified version of my previous "Relative Aggregate Strength Oscillator" -Added high/low lines, alma curves,, lrc bands, changed candle calculations + other small things. Replaces the standard RSI indicator with something a bit more insightful.
Credits to @wolneyyy - 'Mean Deviation Detector - Throw Out All Other Indicators ' And @algomojo - 'Responsive Coppock Curve'
And the default Relative Strength Index
The candles are the average of the MFI ,CCI ,MOM and RSI candles, they seemed similar enough in style to me so I created candles out of each and the took the sum of all the candle's OHLC values and divided by 4 to get an average, same as v1 but with some tweaks. Previous Peaks and Potholes visible with the blue horizontal lines which adjust when a new boundary is established. Toggle alma waves or smalrc curves or both to your liking. This indicator is great for calling out peaks and troughs in realtime, although is best when combined with other trusted indicators to get a consensus.
RSI Trend Heatmap in Multi TimeframesRSI Trend Heatmap in Multi Timeframes
Description
Sometimes you want to look at the RSI Trend across multiple time frames.
You have to waste time browsing through them.
So we've put together every time frame you want to see in one indicator.
We have 10 layers of RSI Trend heatmap available for you.
You can set the timeframe as you want on the Settings page.
Description of Parameter RSI Setting ** You can change it by setting.
RSI Trend Length : (Default 50)
Source : (Default close)
RSI Sideways Length : (Default 2 = RSI between 48 .. 52)
Description of Parameter RSI Timeframe ** You can change it by setting.
""=None,
"M"=1Month, "2W"=2Weeks, "W"=1Week,
"3D"=3Days, "2D"=2Days, "D"=1Day,
"720"=12Hours, "480"=4Hours, "240"=4Hours, "180"=3Hours, "120"=2Hours,
"60"=60Minutes, "30"=30Minutes, "15"=15Minutes, "5"=5Minutes, "1"=1Minute
Default Configurate of RSI Timeframe (for a time frame of 1 hour to 1 day)
"W"= Timeframe 1 month shown in line 90-100 --> Represent Long Trend of RSI
---------------------------------------
"D2"= Timeframe 2 days shown in line 70-80 --> Represent Trend of RSI
"D"= Timeframe 1 day shown in line 60-70 --> Represent Trend of RSI
---------------------------------------
"240"= Timeframe 3 hours shown in line 40-50 --> Represent Signal Up/Signal Down/Divergence of RSI
"120"= Timeframe 2 hours shown in line 30-40 --> Represent Signal Up/Signal Down/Divergence of RSI
"60"= Timeframe 1 hour shown in line 20-30 --> Represent Signal Up/Signal Down/Divergence of RSI
"30"= Timeframe 30 minutes shown in line 10-20 --> Represent Signal Up/Signal Down/Divergence of RSI
"15"= Timeframe 15 minutes shown in line 00-10 --> Represent Signal Up/Signal Down/Divergence of RSI
Description of Colors
Dark Bule = Extreme Uptrend / Overbought / Bull Market (RSI > 67)
Light Bule = Uptrend (RSI between 50-52 .. 67)
Yellow = Sideways Trend / Trend Reversal (RSI between 48 .. 52) ** You can change it by setting.
Light Red = Downtrend (RSI between 33 .. 48-50)
Dark Red = Extreme Downtrend / Oversold / Bear Market (RSI < 33)
How to use
1. You must first know what the main trend of the RSI is (look at the 60-80 line). If it is red, it is a downtrend. and if it's blue shows that it is an uptrend
2. Throughout the period of the main trend There will always be a reversal of the sub-trend. (Can see from the 0-50 line), but eventually will return to follow the main trend.
3. Unless the sub trend persists for a long time until the main trend changes.
RSI, Stoch Rsi, EMA, SMA, & ROCThis indicator is simply an enhanced version of the RSI followed up by a few extra indicators that pair strongly with the RSI. This indicator allows the user to interact with various inputs based off the indicators provided. All indicators include moving average, relative strength index, stochastic relative strength index, simple moving average, exponential moving average, and rate of change. This program is unique as it is very versatile allowing the user to use as little or as many indicators as needed interchangeably.
Dragon Double RSIMost important thing is feeling inspired and relaxed. Forcing your way into anything under stress and pressure will only end up in disaster
This indicator consists of three RSIs.
RSI: RSI is common and its length is 14.
RSI 1: The slowest RSI. The length is 100.
RSI 2: Faster than RSI 1. The length is 50.
Fib and RSI Strategy PineconnectorUse on 1m only For best results
strategy check for RSI overbought or oversold when key Fib levels are hit
Optimisez to use with Pineconnector using alerts with {{strategy.order.alert_message}}
Feel free to comment or DM if you want to improve
Enjoy
Volume Risk Avoidance IndicatorPrice Pattern Analysis is the core of trading. But price patterns often fails.
VRAI (Volume Risk Avoidance Indicator) shows Volume Pressure, so that you can avoid volume-based risks.
For example, never short when you see green (buying pressure). Never long when you see red (selling pressure).
You still need to pick good price patterns, because the crossover of volume pressure is not reliable.
Enjoy!
RSI Divergence Scanner by zdmreDivergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction.
If the stock is rising and making new highs, ideally the RSI is reaching new highs as well. If the stock is making new highs, but the RSI starts making lower highs, this warns the price uptrend may be weakening. This is negative divergence.
Positive divergence is the opposite situation. Imagine the price of a stock is making new lows while the RSI makes higher lows with each swing in the stock price. Investors may conclude that the lower lows in the stock price are losing their downward momentum and a trend reversal may soon follow.
Divergence is one of the common uses of many technical indicators, primarily the oscillators.
Use it at your own risk
Buy Sell Indicator - WJThis is a simple Buy Sell indicator using the 3 indicators namely EMA50, RSI3 and ADX5. This is just for illustration feel free to test it and make improvements.
RSI OverlayThis is the stock RSI index using the Price as the midline.
It can be useful to view information normally displayed in a second pane overlaid on the price chart. As far as I know, this has not been done for one of the most widely used indicators, the Relative Strength Index.
This can be overlaid anywhere on the chart and every parameter is variable. If you'd like to change the position, the RSI, midline, upper line, and lower line are scaled with a factor "*close/x"
To change the position on the chart, simply change the "X" until you are pleased with the location.
The RSI MA was distracting so I removed it. I also published this indicator including the MA, titled "RSI Overlay with MA."
PSS Divergence RSIThe objective of the script is to identify the divergences (positive / negative) and visualize them as an indicator to easily spot the possible trend change.
Ingredients -
a. 34 period RSI at current candle
b. 34 period RSI at 21 candles back
c. 5 EMA of a
d. 5 EMA of b
e. 5 EMA of current candle
f. 5 EMA of 21 candles back
Description -
The indicator is designed for scalping and to smooth-out the noise in shorter timeframe (1 min), bigger period (34) is used for RSI calculation.
The core idea of divergence is to look at RSI movement in relation to price movement, hence a ratios are created for RSI value relative to it's price.
R1 = rsiMA1*100/priceMA1
R2 = rsiMA2*100/priceMA2
Some mathematics is applied over the calculated ratios to determine if there is bullish or bearish divergence -
Div = (R1-R2)*100/(R1+R2)
The reasoning to apply 5 EMA to price as well as RSI is to compare areas (5 candles) instead of single point comparison for better insights.
The value above zero line is considered positive divergence and below zero line is negative divergence.
Recommended to combine with Pivot Points, Fibonacci or Gann levels as confirmation to enter the trade.
Reviews / feedbacks are most welcome !
Prasad Shenwai
prasad.s.shenwai@gmail.com
CyclicRsiLib█ OVERVIEW
This library is complementary for Cyclic RSI High Low With Noise Filter.
█ CREDITS
LoneSomeTheBlue
WhenToTrade
AlertFrequency()
: AlertFrequency
Parameters:
: : _string
Returns: : _freq
CyclicRSI()
: CyclicRSI
Parameters:
: : _source, _length, _expression
Returns: : osc
Credits to WhenToTrade
AddToZigzag()
: AddToZigzag
Parameters:
: : _id, value, max_array_size
Returns: : array.unshift, array.pop
Credits to LonesomeTheBlue
UpdateZigzag()
: UpdateZigzag
Parameters:
: : _id, value, max_array_size, dir
Returns: : AddToZigzag, array.set
Credits to LonesomeTheBlue
BoolZigzag()
: BoolZigzag
Parameters:
: : ph, pl, dirchanged, _id, dir
Returns: : AddToZigzag, UpdateZigzag
Credits to LonesomeTheBlue
NoiseSwitch()
: NoiseSwitch
Parameters:
: : _string, _id
Returns: : FilterNoise
LineGray()
: LineGray
Parameters:
: : _id
Returns: : LineGray
LabelDir()
: LabelDir
Parameters:
: : _id, _string, _color, _float
Returns: : LabelDir
TernaryLabel()
: TernaryLabel
Parameters:
: : _dir, _bool1, _bool2, _string1, _string2
Returns: : str_label
TernaryColor()
: TernaryColor
Parameters:
: : _dir, _bool1, _bool2
Returns: : col_label