Extension of the excellent RSI+ script by Wilsonlibero. I tweaked the parameters to better fit crypto markets, and I added a few more visuals, such as midline, overbought/oversold threshold lines and areas, background coloration depending on RSI trend above or below midline, and a few other tweaks especially colors (fixed the transp parameter deprecation for...
Take a look.
Couple of confluencial reversal signals from popular indicators (W%R, RSI & CCI). I can only say this shows how random the "stanard tools" are and how the market makers "play" these kind of tools to their advantage.
That said. It's better tha average, but not top-class, so expect to have to take signals with other confluence. DON'T take the plots...
this indicator serves to differentiate the classic source of RSI
with these inputs you can modify the inputs of the different Bar's, you can choose between:
Candles = classic Candles
Selecting the input: "Use Different Source ???" you can use a source with multiple elements of your choice
Freakman RSI trend
*Freakman RSI trend* is an addition to *Freakman Buy Sell signals* indicator.
Its created by combining two RSI and its works by crossover between the two RSI .
The difference between the two RSI can be seen from the histogram.
* Green line above red line and above medium line shows bullish trend , its great opportunity for Buy
* Green line...
It is Typical RSI Indicator extra options with
1. Overbought & Oversold Zones highlighted using colored zones with custom values.
2. An extra option to view candles with RSI momentum in 4 colors showing bullish, very bullish, bearish & very bearish price action.
Candle color info
Dark green - Very Bullish
Light Green - Bullish
Light Red - Bearish
Dark Red -...
This is the typical Relative Strength Index indicator with two moving averages, one slow (length 50 by default) and one fast (length 20 by default). Additionally, there are four lines, which mark the oversold/overbought signals at different levels, there are two inner bands with values at the levels 40, and 60, and two outer bands at the levels 20, and 80. The...
RELATIVE STRENGTH INDEX ( RSI )
This is a tool that is widely used
Especially for Overbought and Oversold systems, but I have made some changes in this indicator,
How to use it...!
I have set it as the default setting
- RSI Length: 7
- Overbought: 70
- Oversold: 30
What is unique about this tool?
we can see 3 conditions:
1) RSI Overbought / Oversold with Bullish...
This indicator draws support line and resistance lines in the price chart.
For drawing the support/resistance line we need to first determine the demand and supply.
We are using too-familiar indicator RSI to determine when the script is oversold and overbought.
Now oversold (in RSI) is not a point, it’s a zone. The RSI indicator comes below 30, stays...
This indicator is based on a concept u/nebraskangooner posted on Twitter on August 18, 2022.
When BTCUSD 1W RSI crosses above 52, Bitcoin is in uptrend
When BTCUSD 1W RSI crosses below 52, Bitcoin is in downtrend
Add this to your charts, and then set an alert for when RSI or the RSI Average crosses 52.
ROS (Revolver Oscillator Strategy)
This script combines three popular oscillators (RSI, Ultimate Oscillator and MFI) to accurately determine the price momentum of an asset.
- RSI (Relative Strength Index) is a momentum oscillator that measures the speed and change of price movements over a period of time (14).
█ This Indicator is based on RSI ( Relative Strength Index ) & multiple type of MA (Moving Average) to show different variations of RSI.
The relative strength index (RSI) is a momentum indicator used in technical analysis to evaluate overvalued or undervalued conditions in the price of that security.
The purpose of this indicator is to obtain the RSI...
The following oscillator uses an adaptive moving average as an input for another RSI oscillator and aims to provide a way to minimize the impact of retracements over the oscillator output without introducing significant lag.
An additional trigger line is present in order to provide entry points from the crosses between the oscillator and the trigger line. More...
The following indicator aims to return information over RSIs using multiple periods, including the percentage of RSIs of different periods being overbought/oversold, as well as the average between these multiple RSIs.
The percentage of RSIs of different periods being overbought/oversold is additionally used to return adaptive overbought/oversold levels.
This indicator is a tool designed to be used with Steven Hart's RSI Exhaustion strategy. For more information google TheTradingChannel or look him up on YouTube :)
The default RSI settings for this strategy are:
RSI Overbought: 80
RSI Oversold: 20
When the RSI gets above 80, the line will turn red and the script will begin looking for a specific...
Lines plotted for the Low and High of the region of price that was Overbought or Oversold
(Low of the candle that became overbought and highest high in the Overbought period)
(High of the candle that became oversold and highest high in the Oversold period)
I like to use the dotted lines as pivot points for the reversal of the trend, and also pay attention to...
An enhancement of my RSI Bottom Indicator.
This one finds you Tops & Bottoms.
This indicator uses the RSI and prints you top & bottom warnings directly on the price chart.
The other special thing about this is that the RSI pulls the data from the weekly chart no matter on what timeframe you are on.
The preferred timeframe can, of course, be changed in the...