RSI - Dynamic Overbought/Oversold RangeDefault overbought/oversold levels of RSI does not hold good for instruments which are trending well. It happens often that instruments keep trading in single half of the range for prolonged time without even touching the other half. This also came up often in tradingview pine chat discussions where I participate regularly.
Hence, thought of creating this script to help other scriptors in finding different methods to derive dynamic high/low range of RSI. This can also be adopted for other range bound oscillators - though not inlcuded in this script.
⬜ Method
▶ Derive multitimeframe RSI. Parameters - Resolution, Source and Length are pretty straight forward. Repaint when unchecked uses previous bar value.
▶ Dynamic range detection follows below steps.
Get highest and lowest of the oscillator source for Range Length period.
Use Detection method further to refine the highest and lowest range. If detection method is "highlow", then it looks for lowest value for high range and highest value for low range. If not, uses moving average.
◽Note: Detection range length is used only for finding highest and lowest of Oscillator value ranges. Further detection range method of highlow and other moving average types use Oscillator length.
Cari dalam skrip untuk "rsi"
RSI in Bollinger bandsI added Bolinger bands to the RSI indicator.
This shows you the area of reversal for the RSI. Generally, when the indicator falls out of the bands, you'll see a quick reversal. Indeed this is a better way to find the overbought and oversold areas.
RSI+ChannelbandsThis Indicator displays a normal RSI with overbought/-sold lines which is calculated with donchian channels, pivot channel, bollinger bands and three horizontal lines.
You can averaged the channels, bands and h-lines in any combination or you can use just one of them for calculating the overbought/-sold lines.
The midline is colored in default settings in yellow for upptrending and blue for downtrending.
RSI Divergence (based on an EMA)// Was just bored and thought I'd see what happens if RSI was just based on comparing the EMAs instead of confirmed highs / lows.
// Feel free to test and let me know if you find any useful settings (instrument, timeframe, ema).
RSI timeframe combinationThis indicator displays the RSI levels of two different timeframes defined by the user (default value are 5mins and 15mins) with the overbought (default 70) and oversold (default 30) levels.
RSI WITH TARGET OR STOPLOSSHello Everyone its indicator based on Relative Strength Index (RSI)
How to Work?
If Over Sold Value Crossing Up its providing Long and if Over Bought value Crossing down when Short
Indicator Feature
➤ Long Signal with Alert
➤ Short Long Signal with Alert
➤ Take Profit and Stop Loss with alerts calculate by Signal Open Bar by default 1 percent you can also change values
Important: This Indicator we are using for Automation Trading if You Want This Indicator Access Please Contact me PM on Tradingview
RSI Simple and Smoothmade this RSI for beginners who are annoyed by the jittery signals. Uses a HMA to smooth out the data. I made oversold line green and overbought line red where as the oscillator is green above 50 and red when below 50. This is done intentionally. This is to help remind the user that while there is a downtrend, there is a buy opportunity, and while there is a buy opportunity - there is a downtrend
On the other side, the red overbought line is to remind the user that while there is an uptrend, there is a sell opportunity, and while there is a sell opportunity - there is an uptrend :)
RSI-MFI-STOCH + AverageSimple script that shows you the RSI, MFI and STOCH. Additionally it gives you the average of all 3.
Aggro AltCoinTrader RSIRSI Aggregator for Altcoin swings and Scalping. Detects macro market trends.
10 tickers (customizable). All 10 must be filled.
Example: Defi cycle, fill samples with 5 strong DEFI coins and 5 others you are interested in particular.
Buy red label and ride trend.
Sell signals are places for possible ladder selling.
Yellow buy dots, ladder buys.
Best results in 1 hour time frame
RSI with bands and multiple EMAs Combination of RSI and EMAs, useful in predicting momentum switches and defining overbought/oversold conditions on all time frames.
RSI correlation with cryptoindices [alert version]Hereby the study script where the RSI of a (preferably) altcoin is compared to one of the selected cryptocap indices. Included are:
-total market cap
-total market cap minus bitcoin
-total market cap others
-total market cap usdt
-cix100 index
-btc dominance
-btc total cap
If the signal crosses over 1, then the altcoin is undervalued compared to the crypto index (and a buying signal). If the signal crosses under 1, then the altcoin is overvalued compared to the selected crypto-index and a short signal is produced.
!!Please note that the selected timeframe for the reference pair should be a higher time of the chart in order to prevent repainting!!!
RSI w/ MA, Bars and ArrowsThis is an RSI with an MA attached that delivers buy and sell signals when crossing and displays the difference as a histogram below.
Rsi value as label below each bar Hello everyone ,
This script plots relative strength(rsi) of 14 period in last 30 candles under the candle, this helps u in finding the strength of the trend ,
I use it for my exit trades, the default label length is 30.
RSI buy sell force ver 1 Very simple script with no security MTF that show RSI buy and sell force
blue above red =bullish period
red above blue =bearish period
or you can try above 0 or bellow 0 as signal
if you want i will add signal after to this one
RSi BbSmoothed rsi with bbands
for forex 15m and 4h is good
for stocks 4h and higher time frames
for crypto: btc eth bch neo omg big ones 4h and higher time frames
for alts pls use daily and higher
how to use
u can buy green but prefer when green line is abive basis of bbands or green line is above 21ema line
sell or lower your position when color is fucshia
run away when line is under 21ema line
do not overtrade pls
also use ema on chart too like me to avoid early exit
RSI Indicator [SystemAlpha]This is a RSI indicator enhanced with:
- Show Buy and Sell Alert
- Fill on oversold and overbought levels
- Show Regular and Hidden divergence
- Show Divergence Labels
- Generate Alerts: Buy/Sell and Divergence
RSI Plus v1.0 by WilsonThis is a modified version of my RSI Cloud indicator. I have included the option to plot 2 moving averages. Type of moving averages included in the script are SMA, EMA, WMA, VWMA, Hull MA and ALMA. Option to fill colors and to add alerts are included. I shall be including more options in a future update.
Anyone is free to copy and modify the script. Wishing everyone happy and profitable trading.
RSI [SystemAlpha]This is a RSI indicator enhanced with:
- Show Buy and Sell Alert
- Fill on oversold and overbought levels
- Show Regular and Hidden divergence
- Show Divergence Labels
- Generate Alerts: Buy/Sell and Divergence
