RSI + MACD + Liquidity FinderLiquidity Finder: The liquidity zones are heuristic and based on volume and swing points. You may need to tweak the volumeThreshold and lookback to match the asset's volatility and timeframe.
Timeframe: This script works on any timeframe, but signals may vary in reliability (e.g., higher timeframes like 4H or 1D may reduce noise).
Customization: You can modify signal conditions (e.g., require only RSI or MACD) or add filters like trend direction using moving averages.
Backtesting: Use TradingView's strategy tester to evaluate performance by converting the indicator to a strategy (replace plotshape with strategy.entry/strategy.close).
Cari dalam skrip untuk "rsi"
RSI DeviationAn oscillator which de-trends the Relative Strength Index. Rather, it takes a moving average of RSI and plots it's standard deviation from the MA, similar to a Bollinger %B oscillator. This seams to highlight short term peaks and troughs, Indicating oversold and overbought conditions respectively. It is intended to be used with a Dollar Cost Averaging strategy, but may also be useful for Swing Trading, or Scalping on lower timeframes.
When the line on the oscillator line crosses back into the channel, it signals a trade opportunity.
~ Crossing into the band from the bottom, indicates the end of an oversold condition, signaling a potential reversal. This would be a BUY signal.
~ Crossing into the band from the top, indicates the end of an overbought condition, signaling a potential reversal. This would be a SELL signal.
For ease of use, I've made the oscillator highlight the main chart when Overbought/Oversold conditions are occurring, and place fractals upon reversion to the Band. These repaint as they are calculated at close. The earliest trade would occur upon open of the following day.
I have set the default St. Deviation to be 2, but in my testing I have found 1.5 to be quite reliable. By decreasing the St. Deviation you will increase trade frequency, to a point, at the expense of efficiency.
Cheers
DJSnoWMan06
RSI SuperstackThis script integrates three Relative Strength Index (RSI) indicators across multiple time frames, providing a comprehensive overview of oversold and overbought conditions. This holistic approach enhances the precision of entry and exit points on shorter time frames.
As a momentum indicator, the Relative Strength Index assesses a security's strength during upward and downward price movements within the specified time period.
In a broader context, an upward slope in all indicators (green, purple, and orange) signifies an increasing market momentum, suggesting a potential continuation of the upward trend.
More specifically, a collective upward slope reaching or surpassing the 40 level in all indicators serves as a buy signal. Conversely, a uniform downward slope descending to or below the 60 level in all indicators constitutes a sell signal.
The default time frames for analysis include:
- 1 Hour (1H)
- 4 Hours (4H)
- Daily (D)
It is imperative to note that this indicator should not serve as the sole determinant for initiating long or short positions. Instead, it is recommended to consider it as part of a broader analysis, incorporating factors such as trend analysis and significant support levels.
Disclaimer: The utilization of this indicator should complement a comprehensive analysis and not be solely relied upon for decision-making regarding long or short positions.
RSI + FIB HH LL StopLoss Finder／Contrarian TradesThis indicator is a multi-timeframe indicator that works in any timeframe.
It takes a price reading of the highest or lowest bar in the past based on Fibonacci numbers and plots it.
In addition, the RSI smoothed by a 5-day moving average can be used to detect signs that previous highs or lows will be reached in advance.
This gives insight into determining stop-loss values or entering the market in a contrarian manner.
This is an example of BTCUSDT 4Hour Chart
Here is BTCUSDT 1Hour Chart
For scalpers BTCUSDT 15min Chart Example
Fibonacci Number is 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987, 1597, ...
FIbonacci Ratio is 0.236, 0.382, 0.5, 0.618, 1, 1.618, 2.618, 4.236, ...
RSI Fractal Energy with Signal LineHere is my second script.
Introducing the RSI Fractal Energy Indicator.
This incorporates the Relative-Strength Index and Fractal Energy as the name implies.
This will help the trader identify:
1. Trend Strength: The higher the value of the indicator can indicate the strength of the trend and vice versa.
2. Reversal points: If the indicator is showing weakness and the market is making higher highs and lower lows this can indicate a reversal is possible.
3. Overbought and Oversold conditions: This indicator is currently set to 30(Oversold) and 70(Overbought), but this can be changed in the source code.
I also added a signal line to provide bullish/bearish crossovers.
I use this indicator on the 1 hr chart, but it can be used on any time frame.
Please let me know if you have any questions, comments, or concerns. Always open to learning more.
I will also provide updates as I continue to use my indicators.
Happy trading!
RSI Divergence Method█ OVERVIEW
This is a divergence indicator based on Relative Strength Index (RSI).
My attempt to make this indicator updated based on latest pine script features such as type, object and method.
█ FEATURES
1. Color of plot and label is based on contrast color of chart background. Able to customize color from style menu.
2. Big divergence (Regular Divergence) is based on lime / red color.
3. Small divergence (Hidden Divergence) is based on contrast color of chart background.
█ EXAMPLES / USAGES
RSI Candle ColorI manually made a 100 point gradient for this one. Its just smooth sensitive rsi but it colors your candles based on the level of the rsi. I hope you find this useful even as a utility for the gradient.
RSI FIB [G I O]BINANCE:BTCUSDT
A free indicator where you can see the fibonacci levels of the RSI.
Giotrade is aware of the importance of the RSI in trading and offers a new indicator that can guide you to conduct free market analysis.
The red and green zones warn of overbought and oversold, allowing you to predict the direction of price volatility.
RSI ModifiedThe RSI is an excellent indicator for determining when equities are overbought/oversold. Though I believe there is a shortcoming in using the 70/30 levels since they are static and do not adjust for when an equity is trending. It stands to reason that in a downtrend, the overbought might be less than 70 and the oversold less than 30—Vice versa for a bull trend. Using the built-in function of pivots, I have attempted to create overbought/oversold lines that adjust with the trend. Leaving the 70/30 lines on the indicator also helps visualize the equity trend. All pivot settings are adjustable in the input menu. The pivot limits serve as a filter for recording pivot points. For example, with an upper pivot limit of 60, only pivots greater than 60 will be recorded into the array used to determine overbought. The crosses represent which values are used to determine overbought/oversold and do not provide timely indications.
RSI OS/OS Levels MTFThis plots the overbought and oversold (70 and 30) levels from RSI on price, there are often levels where a market will bounce or retrace/reverse.
By default it shows 15 min, 60 min and 4 hour levels but I intend to make these configurable along with some other stuff. For now it works how I use it, nice and simple
Rsi/W%R/Stoch/Mfi: HTF overlay mini-plotsOverlay mini-plots for various indicators. Shows current timeframe; and option to plot 2x higher timeframes (i.e. 15min and 60min on the 5min chart above).
The idea is to de-clutter chart when you just want real-time snippets for an indicator.
Useful for gauging overbought/oversold, across timeframes, at a glance.
~~Indicators~~
~RSI: Relative strength index
~W%R: Williams percent range
~Stochastic
~MFI: Money flow index
~~Inputs~~
~indicator length (NB default is set to 12, NOT the standard 14)
~choose 2x HTFs, show/hide HTF plots
~choose number of bars to show (current timeframe only; HTF plots show only 6 bars)
~horizontal position: offset (bars); shift plots right or left. Can be negative
~vertical position: top/middle/bottom
~other formatting options (color, line thickness, show/hide labels, 70/30 lines, 80/20 lines)
~~tips~~
~should be relatively easy to add further indicators, so long as they are 0-100 based; by editing lines 9 and 11
~change the vertical compression of the plots by playing around with the numbers (+100, -400, etc) in lines 24 and 25
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.
RSI/Slow Stochastic/Volume IndicatorThis script provides buy and sell signals based on overbought/oversold conditions and incorporates multiple indicators including RSI, slow stochastic crossover, and volume changes. The script is best suited for the 1-hour time frame and can be used for stocks, indexes, futures trading, and cryptocurrency trading.
RSI MTF Ob+OsHello Traders,
This indicator use the same concept as my previous indicator "CCI MTF Ob+Os".
It is a simple "Relative Strength Index" ( RSI ) indicator with multi-timeframe (MTF) overbought and oversold level.
It can detect overbought and oversold level up to 5 timeframes, which help traders spot potential reversal point more easily.
There are options to select 1-5 timeframes to detect overbought and oversold.
Aqua Background is "Oversold" , looking for "Long".
Orange Background is "Overbought" , looking for "Short".
Have fun :)
RSI Multi Time Frame (MTF). Fully customizable. [Zero54]NSE:NIFTY
An easy to read Multi Time Frame RSI that does not take too much space. All parameters and colors are customizable. Please feel free to give your suggestions. Feel free to modify the code as per your liking. Like this if you find this useful.
RSI/CCI/MFI/ADX/Stoch MTF DashBoardGauge Sentiment across timeframe for various indicators in single dashboard.
RSI - to get the idea about relative price strength across all TFs.
CCI /ADX- to get idea about power and strength in trend across all TFs.
MFI- gives idea whether trend is supported by volume or not across all TFs.
with this dashboard , you will get complete sentiment of market on your screen whether you use lower to upper TF or upper to lower TF approach. you can see market behavior and sentiment with these all in one dashboard across all TFs.
Better use this with MA or vwap to get trend direction.
Added feature to change location of dashboard on chart, now you can place it on top left, top right, bottom left, bottom right corner of chart as per your comfort.
2. Added ability to hide/show for all TFs.
Now you can on/off , 5min, 15 min, 30 min, 60 min, 4 hour, daily ,weekly and monthly TF column if you do not use it. you can keep and work with TFs as per your comfort and liking.
3. Added feature to hide/show indicators, MFI, CCI, ADX.
Now you can on/off indicator s MFI, CCI and ADX if you don't need them on dashboard as per your need.
Made dashboard cell width and height auto adjusted, so that it values can be visible fully on TV app on mobile too.
Hope it provides a better visual experience to read data on dashboard.
4. Added Stochastic as indicator to dashboard. STOCH is a range bound momentum oscillator. It is designed to display the location of the close compared to the high/low range over a user defined number of periods. You can use STOCH for Identifying overbought and oversold levels and also for identifying bull and bear set ups or signals across all TFs.
Hope IT helps to take better trading decisions.
RSI v4 with Bands
Script is extended version of usual RSI script
This script plots VWMA(RSI7) vs EMA(RSI7) under pre-set time frame.
Strategy is to make sure both points remain in the Green zone while entering into BUY position
Use it as indicator not as financial advice.
~ @imbharat
