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Rsi_divergence

RSI MTF [Market Yogi]The Multi-Time Frame RSI with Money Flow Index and Average is a powerful trading indicator designed to help traders identify overbought and oversold conditions across multiple time frames. It combines the Relative Strength Index (RSI) with the Money Flow Index (MFI) and provides an average value for better accuracy. The Relative Strength Index (RSI) is a popular momentum oscillator that measures the speed and change of price movements. It oscillates between 0 and 100 and is used to identify overbought and oversold conditions in an asset. By incorporating the RSI across multiple time frames, this indicator offers a broader perspective on market sentiment. In addition to the RSI, this indicator also includes the Money Flow Index (MFI). The MFI is a volume-based oscillator that measures the inflow and outflow of money into an asset. It takes into account both price and volume, providing insights into the strength and direction of buying and selling pressure. By combining the RSI and MFI across multiple time frames, traders gain a comprehensive understanding of market dynamics. The indicator allows for comparing the RSI and MFI values across different time frames, enabling traders to identify divergences and potential trend reversals. Furthermore, this indicator provides an average value of the multi-time frame RSI, offering a consolidated signal that helps filter out noise and enhance the accuracy of trading decisions. Key Features: 1. Multi-Time Frame RSI: Combines the RSI across different time frames to provide a comprehensive view of market sentiment. 2. Money Flow Index (MFI): Incorporates the MFI to gauge buying and selling pressure based on both price and volume. 3. Average Calculation: Computes the average value of the multi-time frame RSI to generate a consolidated trading signal. 4. Divergence Detection: Enables traders to spot divergences between the RSI and MFI values, indicating potential trend reversals. 5. Overbought and Oversold Levels: Highlights overbought and oversold levels on the RSI, aiding in timing entry and exit points. The Multi-Time Frame RSI with Money Flow Index and Average is a versatile tool that can be applied to various trading strategies, including trend following, swing trading, and mean reversion. Traders can adjust the time frame settings to suit their preferences and trading style. Note: It's important to use this indicator in conjunction with other technical analysis tools and indicators to validate signals and make informed trading decisions.
Penunjuk Pine Script®
oleh Market_Yogi
Divergence RSI V2This indicator is based on the concept of divergence. I recommend that you find out and study about this yourself as the concept of divergence will not be explained in depth in this description. This indicator will show divergences between the asset price and the RSI oscillator. The indicator will look for divergent points between the rising highs and falling lows of the asset; and the rising lows and falling highs of the RSI. The trend of the asset tends to follow the behavior of the oscillator when a divergence occurs. So if we find a divergence between the two, the price of the asset is likely to follow the trend of the oscillator. This indicator looks for these types of divergences and will show (based on the RSI) if there is a bullish or bearish divergence. If it is bullish, it will show a line joining those points in green and if it is bearish in red. In addition, it will show a label where you can see the number of occurrences that have been found from a certain point to another. Note: this indicator can be complemented with the “Divergence V2” indicator which is also found in my library. Settings Backtesting Bars : is the number of bars back that the indicator will check. No more than 1000 is recommended as this will slow down the search. Tolerance: number of times a divergent line can cross a bar. If you place 0, no bar can be crossed by a diverging line. Min Bars To detect: will only search for divergences (or lines) that have the minimum number of bars selected in this option. Default option is 30. Min Bars To detect: it will only search for divergences (or lines) that have the maximum number of bars selected in this option. Default option is 100. Source Highs: The high points will be based on the close of each bar. You can use as another alternative. Source Lows: The low points will be based on the close of each bar. You can use as another alternative. Use squeeze parameter: only look for divergences (bullish or bearish) at times when such an indicator is in favor of the trend or coincides with the corresponding RSI divergence.
Penunjuk Pine Script®
oleh seba34e
Divergence V2This indicator is based on the concept of divergence. I recommend that you find out and study about this yourself as the concept of divergence will not be explained in depth in this description. This indicator will show divergences between the asset price and the RSI oscillator. The indicator will look for divergent points between the rising highs and falling lows of the asset; and the rising lows and falling highs of the RSI. The trend of the asset tends to follow the behavior of the oscillator when a divergence occurs. So if we find a divergence between the two, the price of the asset is likely to follow the trend of the oscillator. This indicator looks for these types of divergences and will show (based on the RSI) if there is a bullish or bearish divergence. If it is bullish, it will show a line joining those points in green and if it is bearish in red. In addition, it will show a label where you can see the number of occurrences that have been found from a certain point to another. Note: this indicator can be complemented with the “Divergence RSI V2” indicator which is also found in my library. Settings Backtesting Bars: is the number of bars back that the indicator will check. No more than 1000 is recommended as this will slow down the search. Tolerance: number of times a divergent line can cross a bar. If you place 0, no bar can be crossed by a diverging line. Min Bars To detect: will only search for divergences (or lines) that have the minimum number of bars selected in this option. Default option is 30. Min Bars To detect: it will only search for divergences (or lines) that have the maximum number of bars selected in this option. Default option is 100. Source Highs: The high points will be based on the close of each bar. You can use as another alternative. Source Lows: The low points will be based on the close of each bar. You can use as another alternative. Use squeeze parameter : only look for divergences (bullish or bearish) at times when such an indicator is in favor of the trend or coincides with the corresponding RSI divergence.
Penunjuk Pine Script®
oleh seba34e
4
RSI Trending with DivergencesThis script uses the RSI and RSI divergences to mark signals where the rsi is both below/above the 50, below/above its moving average, and where the last regular or hidden divergence matches that state. The RSI is built into the indicator, so you don't need it in your bottom pane if you don't want it, I just put one there for illustrative purposes. Please note it will not print the same signal consecutively, as it is meant to show an overall direction, not the in and out fluctuations. I suggest using it in conjunction with some moving averages so you can ignore signals not in the trend.
Penunjuk Pine Script®
oleh risenone
1
RSI Screener and Divergence [5ema] Displayed on the RSI chart according to a custom timeframe. Displays the RSI tracking table of various timeframes. Identify normal divergence, hidden divergence on RSI chat. Show buy and sell signals (strong, weak) on the board. Send notifications when RSI has a buy or sell signal. ----- I reused some functions, made by (i believe that): ©paaax : The table position function. @everget : The RSI divergence function. @QuantNomad : The function calculated value and array to show on table for input symbols. I have commented in my code. Thanks so much! ----- How it works: 1. Input : input.int length of RSI => calculate RSI. input.int upper/lower => checking RSI overbought/oversold. input.int right bars / left bars => returns price of the pivot low & high point => checking divergence. input.int range upper / lower bars => compare the low & high point => checking divergence. input.timeframe => request.security another time frame. input.string table position => display screener table. 2. Input bool: plot RSI on chart. Plot Regular Bullish divergence . Regular Bearish divergence. Hidden Bullish divergence . Hidden Bearish divergence. 3. Basic calculated: Make function for RSI , pivot low & high point of RSI and price. Request.security that function for earch time frame. Result RSI, Divergence. 4. Condition of signal: Buy condition: RSI oversold (1) Bullish divergence (2). => Buy if (1) and (2), review buy (1) or (2). Sell condition: RSI overbought (3). Bearish divergence (4). => Sell if (3) and (4), review sell (3) or (4). 5. Table screener: Time frame. RSI (green - oversold, red - overbought) Divergence (⬈⬈ - regular bullish , ⬊⬊ regular bearish , ⬊ - hidden bullish , ⬈ - hidden bearish ). Signal (🟢 - Buy, 🔴 - sell, green 〇 - review buy, red 〇 - review sell) ---- This indicator is for reference only, you need your own method and strategy. If you have any questions, please let me know in the comments.
Penunjuk Pine Script®
oleh vn5ema
7
RSI Pull-BackA pull-back occurs whenever the price or the value of an indicator breaks a line and comes back to test it before continuing in the prevailing trend. The RSI has oversold and overbought levels such as 20 and 80 and whenever the market breaks them returns to normality, we can await a pull-back to them before the reversal continues. This indicator shows the following signals: * A bullish signal is generated whenever the RSI surpasses the chosen oversold level then directly shapes a pull-back to it without breaking it again. * A bearish signal is generated whenever the RSI breaks the chosen overbought level then directly shapes a pull-back to it without surpassing it again.
Penunjuk Pine Script®
oleh Sofien-Kaabar
3
RSI DivergenceWhat is "RSI Divergence"? "RSI Divergence" is a indicator that find RSI divergence automatically. What it does? When it finds an RSI divergence, it draws a line on the indicator. How it does it? The lines are found using the least squares method. If the signs of the linear regression on the graph and the linear regression plotted on the RSI are different, this is considered divergence. How to use it? RSI lenght = RSI lenght source = source of RSI RSI Divergence Lenght = lenght of lines that draws on indicator zoom = zoom examples:
Penunjuk Pine Script®
oleh faytterro
13
TIGER ALERT RSI DIVThats our first RSI DIV indicator for free use. What is an RSI divergence? What Is the Relative Strength Index (RSI)? The relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of a security's recent price changes to evaluate overvalued or undervalued conditions in the price of that security. The RSI can do more than point to overbought and oversold securities. It can also indicate securities that may be primed for a trend reversal or corrective pullback in price. It can signal when to buy and sell. T raditionally, an RSI reading of 70 or above indicates an overbought situation. A reading of 30 or below indicates an oversold condition.
Penunjuk Pine Script®
oleh PlamenTsonkov
Strength of Divergence Across Multiple IndicatorsOverview: One-stop shop for all your divergence needs, including: (1) A single metric for divergence strength across multiple indicators. (2) Labels that make it easy to spot where the truly strong divergence is by showing the overall divergence strength value along with the number of divergent indicators. Hovering over the label shows a breakdown of each divergent indicator and its individual divergence strength value. (3) Fully customizable, including inputs for pivot lengths, divergence types, and weights for every component of the divergence strength calculation. This allows you to quickly and easily optimize the output for any chart. Don't worry, the default settings will have you covered if you're not interested in what's going on under the hood. The Divergence Strength Calculation: The total divergence strength value is the sum of the divergence strengths of all indicators for which divergence was detected at a given bar. Each indicator's individual divergence strength is comprised of two basic components: (1) |ΔPrice| - the magnitude of the change in price over the divergence period (pivot-to-pivot), and (2) |ΔIndicator| - the magnitude of the change in indicator value over the divergence period. Because different indicators' scales and volatility can vary greatly, the Δ values are expressed in terms of standard deviation to ensure that the values are meaningful and equitable across all indicators and assets/instruments/currency pairs, etc: |ΔIndicator| = |indicator_value_1 - indicator_value_2| / 2 * StDev(indicator_series,100) Calculation Weights: All components of the calculation are weighted and can be modified on the Inputs page in settings (weights are simply multipliers). For example, if you think hidden divergence should carry less weight than regular divergence, you can assign it a lesser weight. Or if you think RSI divergence is worth more than OBV divergence, you can adjust their weights accordingly. List of weights: Regular divergence weight - default = 1 Hidden divergence weight - default = 1 ΔPrice weight - default = 0.5 (multiplied by the ΔPrice component) ΔIndicator weight - default = 1.5 (multiplied by the ΔIndicator component) RSI weight - default = 1.1 OBV weight - default = 0.8 MACD weight - default = 0.9 STOCH weight - default = 0.9 Development for additional indicators is ongoing, as is research into the optimal weight configuration(s). Other Inputs: Pivot lengths - specify the number of bars before and after each pivot high/low to consider it a valid candidate for divergence. Lookback bars and Lookback pivots - specify the number of bars or the number of pivots to look back across. Price sources - specify separate price sources for bullish and bearish divergence Display settings - specify how lines and labels should display, including which divergence strength values should show the largest labels. Include/exclude specific divergence types and indicators. Please report any bugs, or let me know if you have any enhancement suggestions or requests for additional indicators. @reees
Penunjuk Pine Script®
oleh reees
112
RSI Momentum Acceleration by TartigradiaPlots the momentum acceleration oscillators from price and RSI, rescaled and with areas above/below highlighted. Usage: in a nutshell, when the background is yellow, it's bearish (RSI decelerates faster than price), whereas when the background is green, it's bullish (RSI accelerates faster than price). It appears to detect early some reversals that are otherwise difficult to detect. Note: it supports using any other indicator's output as the second source input, instead of RSI. PineScript does not allow for more than one source to receive input from other indicators, all the others must only use price as an input. This indicator uses the core routine to calculate Momentum Acceleration Oscillators by DGT: This indicator is based on the idea of stinkbug : "RSI is a good momentum indicator showing how excited ppl are on a move, this is why divergences on it work so well. I would like to see the change accelerating or slowing on a move up or down.."
Penunjuk Pine Script®
oleh tartigradia
8
Ultimate RSI - Divergence + S/R + Reverse RSIThis is a modification of the TradingView RSI with some of my favourite RSI features added. This includes Divergence indicators. EMA with colour change on cross, Support and resistance lines and reverse RSI. A reverse calc has also been added. This will allow you to input 3 different RSI values for a price prediction. This is good to use with the support and resistance lines and can give you key areas on the chart where the price may bounce/reject. All colours and modifications can be turned on/off. Enjoy! :)
Penunjuk Pine Script®
oleh TinyTtrades
42
RSI Potential Divergence - FontiramisuIndicator showing potential momentum divergences on RSI Momentum. The problem with the classic divergence is that when the signal appears, it is sometimes too late to enter a trade. The potential divergence corrects this problem by signaling the beginning of a potential divergence. RSI is a momentum indicator that offers relevant insights with divergences. Potential divergences are indicated with the letter B and a red color for Bearish Div or Green color for Bullish Div . Potential divergence is confirmed when the line and the label "Bear"' or "Bull" appear.
Penunjuk Pine Script®
oleh Fontiramisu
1
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.
Penunjuk Pine Script®
oleh wbburgin
2
Stoch RSI, Div, Zone S3 by Gammaprod>> How to use this indicator : 1. Set your teadingview theme to dark theme. 2. My indicator is valid for forex, stock and but more valid for crypto. 3. Use three timeframe for more validation (choose between those, that fit to your trading style) : - Timeframe 1m, 5m, and 15m for Scalping - Timeframe 30m, 1h and 4h for Intraday - Timeframe 4h, 1D and 1W for Swing Trading 4 . Always use THREE INDICATORS FROM GAMMAPROD, those three indicators is back to back each other, by the way, I only made those three indicators only (for now) : - Trendlines Boll Ichi Crypto by Gammaprod - Stoch RSI Divs Zone Crypto by Gammaprod - MACD Volume Crypto by Gammaprod >> How to setting : 1. Trendlines Boll Ichi Crypto by Gammaprod A. Support and Resistence - Well if you familiar with this indicator you can add it, but recommended for Timeframe 30m or more B. Trendlines Primary or Trendlines Secondary - Timeframe 1m you DON'T NEED Trendlines Primary or Trendlines Secondary - Timeframe 5m you DON'T NEED Trendlines Secondary, but you CAN ADD Trendlines Primary if you fell it helpful (for me, it is helpful to find where the candles start or the end trend or a consolidation or where the candles will surpass a resistance or a support). - Timeframe 15m you DON'T NEED Trendlines Secondary, DEFENITELY add Trendlines Primary it will help to find where the candles stop or a consolidation or where the candles will surpass a resistance or a support). - Timeframe 30m or more, DEFENITELY NEED BOTH Trendlines Primary and Secondary Trendlines, it will help to find where the candle stop or consolidation or where the candle will surpass a resistance or support). C. Bolinger, Ichimoku Cloud and Lagging Span - Please DON'T CHANGE IT at all, it's really helpful to know when and where to make an entry decesion or a trend or a consolidation, if you don't understand how to read it, you better to learn it first (on "how to read" section and "How to OPEN position" the section below) 2. Stoch RSI Divs Zone Crypto by Gammaprod (DON'T CHANGE IT) 3. MACD Volume Crypto by Gammaprod (DON'T CHANGE IT) >> How to read : 1. Sell or Buy Priority : A. Buy Priority - Color background on macd and stoch rsi is pink or purple sell is the priority, (if you're not sure to buy, just wait until the best moment to sell) B. Buy Priority - Color background on macd and stoch rsi Teal or light green buy is the priority, (if you're not sure to sell, just wait until the best moment to buy) C. Indecision / Golden Moment - Color background on stoch rsi yellow is indecision / golden moment of reversal pattern (wait until it formed background only on Stoch RSI), please becareful at this moment. 2. Trend / Consolidation : A. BULLISH trend - When Stoch RSI and MACD have teal or light green background that's means BULLISH trend, better to confirm by the candle is above green cloud and lagging span (red line) is also above the candle. B. BEARISH trend - When Stoch RSI and MACD have the Pink or purple background that's means BEARISH trend, better to confirm by the candle is above purple cloud and lagging span (red line) is also below the candle. C. CONSOLIDATION - When Stoch RSI have the mix background that's means CONSOLIDATION, better to confirm by the candle is in or near to green / purple cloud and lagging span (red line) is also on the candle. 3. Special Mark A. Ideal Bullish : - Near line 20 and green / teal background = When Stoch RSI have the char R / H on lime color label, that's means divergence or hidden divergence for buy position, if you not see this label that's means just a standard confirmation for buy B. Not an Ideal Bullish : - Near line 80 and green / teal background = if this happens make sure you know what happen, it could be a false signal or bullish continual pattern C. Ideal Bearish : - Near line 80 and pink / purple background = When Stoch RSI have the char R / H on lime color label, that's means divergence or hidden divergence for buy position, if you not see this label that's means just a standard confirmation for sell position. D. Not an Ideal Bearish: - Near line 20 and pink / purple background = if this happens make sure you know what happen, it could be a false signal or bearish continual pattern E. The Beginning of Reversal (from BEARISH to BULLISH) : - When Stoch RSI line shaping GREEN position is near 20. - MACD lines still PINK, position lines is UNDER the HISTOGRAM, but the HISTOGRAM start to SHAPE FALL PINK (light pink) and the BACKGROUND still PINK / PURPLE. - Position CANDLES NEAR BLUE line, NEAR PURPLE CLOUD, and lagging span (red line) STILL ON the area candle. (it used to be confirmed with the golden moment). F. The Beginning of Reversal (from BULLISH to BEARISH) : - When Stoch RSI line shaping PINK position is near 80. - MACD lines still GREEN, position lines is ABOVE the HISTOGRAM, but the HISTOGRAM start to SHAPE FALL GREEN (light green) and the BACKGROUND still TEAL / GREEN. - Position CANDLES NEAR WHITE line, NEAR TEAL CLOUD, and lagging span (red line) STILL ON the area candle. (it used to be confirmed with the golden moment). G. False Signals, or It could be a Golden Moment (better to see it on TF 15 or bigger): - Near line 20 or 80 and yellow background = When Stoch RSI have the char R / H on color label, that's means divergence or hidden divergence for buy / sell position, if you not see this label that's means just a standard confirmation for buy / sell depends on where the Stoch RSI line if near 20 that's means buy, near 80 means sell >> How to OPEN position: A. Bullish 1. Trendlines Boll Ichi Crypto by Gammaprod - The candles above the green cloud. - Lagging span (red line) above the candles. - then open buy near yellow line (the first option) / blue line (the second option) (always confirm the position with two other indicators below). 2. Stoch RSI Divs Zone Crypto by Gammaprod - Teal or Green background. - The lines is shaping green. - Better if on the bottom (at a range 20). 3. MACD Volume Crypto by Gammaprod - Teal or Green background. - The lines is shaped or shaping green. - Better if at the green histogram. B. Bearish 1. Trendlines Boll Ichi Crypto by Gammaprod - The candles below the purple cloud. - Lagging span (red line) below the candles. - then open buy near yellow line (the first option) / white line (the second option) (always confirm the position with two other indicators below). 2. Stoch RSI Divs Zone Crypto by Gammaprod - Pink or purple background. - The lines are shaping pink. - Better if the line on the top (at a range 80). 3. MACD Volume Crypto by Gammaprod - Pink or purple background. - The lines are shaped or shaping green. - Better if at the pink histogram. C. Consolidation 1. Trendlines Boll Ichi Crypto by Gammaprod - The candles on the cloud (green or purple). - Lagging span (red line) on the candles. - then open buy near the white or blue line (always confirm the position with two other indicators below). 2. Stoch RSI Divs Zone Crypto by Gammaprod - Mix background specially on a timeframe 15m or more. - The line move fast up and down. - Better if on the bottom or the top of the lines (at a range 20 or 80). 3. MACD Volume Crypto by Gammaprod - Changing the background. - The line is near the middle line. - Have small Histogram. >> The secret ingridient is comparing the timeframe : The example scalping (Timeframe 1m, 5m and 15m) - TF 1m is for making an open position. - TF 5m is for making a judgement of the trend market. - TF 15m is to confirm that judgement from TF 5m, be careful if it not similar then it used to be a consolidation or the beginning of the reversal. There's a lot a way to open the position than above information that i gave it to you, but consider there are a limit char on this column, I hope it will help your trading and make a more profit on it.
Penunjuk Pine Script®
oleh Gammaprod
20
JaeRSI+What is JaeRSI++ 🥇 It is an indicator that detects and displays the RSI of the upper frame one step at a time - It is no different from normal RSI but, u can see the RSI of the upper frame together - Works based on 5m 15m 1h 4h 1d 1w 🥇Also, if the RSI is (over 70↗️) or (less than 30↘️), changes the background color - If the background color is continuous, it is recommended to check the frame one step higher 🥇 Meaning of table (table) - "🌈", RSI, Main, Danger in order - RSI: It is divided into 5, 15, 60, 240 and indicates the current RSI of each frame (the background color is different from RSI : 33.0 below / 67.0 above) - Main: Estimate the mainframe If the previous 14 candles have entered the Danger zone (RSI : below 33.0 / above 67.0) or oversold/number, the corresponding frame is marked as the main frame. - Danger: If abnormal RSI motion is detected (beam shape) due to sudden surge/fall in a frame, it warns that the frame may be the main frame. ================================================================================== JaeRSI++란? 🥇 상위 프레임의 RSI를 추가로 표시해 주는 RSI 지표입니다 - 일반 RSI와 알고리즘의 차이가 없으나 상위 프레임의 RSI를 함께 볼 수 있습니다 (빨간 선으로 표시) - 5m 15m 1h 4h 1d 1w 기준으로 작동합니다 🥇또한 RSI가 (70 이상↗️) 또는 (30↘️)인 경우 배경색을 변경합니다 - 배경색이 연속적인 경우 프레임을 한 단계 높게 확인하는 것이 좋습니다 🥇표(테이블)의 의미 - 순서대로 시간프레임 , RSI , 메인 , 위험 - RSI : 5, 15, 60, 240으로 나뉘어져 각각 프레임의 현재 RSI를 나타낸다 (33.0 아래 / 67.0 위 부터 배경색이 달라짐) - 메인 : 메인프레임을 추정한다 이전 14개 캔들안에 꺵판존(33.0 아래 / 67.0 위) or 과매도/수에 들어간 적이 있다면 해당 프레임을 메인프레임으로 표시한다 - 위험 : 어떤 프레임에서 급등/급락하여 비 정상적인 RSI의 움직임이 감지된다면(빔 형태) 해당 프레임이 메인 프레임일 수 있다고 경고한다
Penunjuk Pine Script®
oleh zint_whale
2
TFEX_INDICATOR_SET13This Indicator use the calculated RSI of the top 13 stocks that have the highest market capitalization in SET:SET50 where suitable for TFEX trading( TFEX:S501! ) . Conducted with 2 RSI period as follow: RSI Main (14) RSI Average (100) How to use: 1) Use this Indicator by Crossover If the RSI Main Cross UP the RSI Average can assume as BUY SIGNAL If the RSI Main Cross DOWN the RSI Average can assume as SELL SIGNAL 2) Use this Indicator by Divergence of RSI Main If the RSI Main got any Regular Bullish or Hidden Bullish can assume as BUY SIGNAL If the RSI Main got any Regular Bearish or Hidden Bearish can assume as SELL SIGNAL 3) The combination of Divergence and Crossover If the RSI Main got any Regular Bullish or Hidden Bullish then pending for the RSI Main Cross UP the RSI Average which can assume as BUY SIGNAL If the RSI Main got any Regular Bearish or Hidden Bearish then pending for the RSI Main Cross DOWN the RSI Average which can assume as SELL SIGNAL Preferred Timeframe 4H 2H 1H
Penunjuk Pine Script®
oleh liewlomb
Bogdan Ciocoiu - Code runnerDescription The Code Runner is a hybrid indicator that leverages other pre-configured, integrated open-source algorithms to help traders spot regular and continuation divergences. The Code Runner specialises in integrating some of the most popular oscillators well known for their accuracy when scalping using divergence strategies. Uniqueness The Code Runner stands out as a one-stop-shop pack of oscillator algorithms that traders can further customise to spot divergences. The indicator's uniqueness stands from its capability to recast each algorithm to apply to the same scale. This feature is achieved by manually adjusting the outputs of each algorithm to fit on a scale between +100 and -100. Another benefit of the Code Runner comes from its standardisation of outputs, mainly consisting of lines. Showing lines enables traders to draw potential regular and continuation divergences quickly. The indicator has been pre-configured to support scalping at 1-5 minutes. Open-source The Code Runner uses the following open-source scripts and algorithms: www.tradingview.com www.tradingview.com www.tradingview.com www.tradingview.com www.tradingview.com www.tradingview.com www.tradingview.com www.tradingview.com These algorithms are available in the public domain either in TradingView space or outside (given their popularity in the financial markets industry).
Penunjuk Pine Script®
oleh BogdanCiocoiu