I am always checking RSI on 1hr, 4Hr and Day RSI.
Having to switch is annoying so wrote this little script to show RSI on upto 5 time frames.
The green bold line is the current time frame, and you can change the other 4 to what you prefer.
If one time frame is over sold or overbought you can change the back to indicated a buy or sell etc.
Anyway thought I would...
View multiple-timeframe RSIs in a single interval. All RSI lines stay the same no matter your preference to trade in 15m, 1h, 3h…. etc.
Default RSI length is 7 (can be changed in the format settings)
All RSIs are smoothed out in default (can be changed in the format settings)
5m RSI - white (disabled in default)
15m RSI - Lime (disabled in...
Macd Directions of Currency Basket plus Gold and Oil
Macd Rising => Green Label
Macd Falling => Red Label
Relative Power => Labels from top to bottom indicates relative Macd Strength at given timeframe
I present you my last indicator. A volume indicator that indicates overbought and oversold based on the rsi, I chose the rsi because the most used surment, this indicator allows you to identify the overbought and oversold areas of the rsi with the colors blue (oversold) and orange (overbought ) on the volume indicator! Hoping that you are useful
This indicator is based on true strength indicator with wave trend oscillator.
Disclaimer: All the signals it is giving is based on the market movements only. I am not responsible for your PNL if you follow this indicator.
*Caution: Beta version
One of the indicators in the "Trend Buddy" suite.
This indicator plots the oscillator at the bottom of the chart and colors the candles according to trend strength.
The oscillator can be used to identify divergence in several ways
If price is moving one way and the oscillator another, it can mean that the trend is gearing up to change. Example: above, in...
The scope of this script is to measure momentum and strenght of EURO and DOLLAR using their indexes.
Forza (line) above 0 means EURO is stonger than DOLLAR
Momento (histogram) above 0 means EURO has a positive momentum against DOLLAR
The added value to see MACD and RSI directly on EURUSD chart is that indexes consider also other pairs so their RSI and MACD has a...
This indicator is meant as a means to assess the significance ("strength") of a Moving Average , in other words how likely it is that price action is going to find support or resistance at the MA.
How it works
When the high or low of a candle is within the band around the MA defined by the "fuzziness" parameter, the significance of the MA increases proportional...
The color of the RSI inner bands will change from Purple to Green if RSI >70 and they will change to yellow if RSI >75. Nothing else has been changed from the standard RSI. Please understand I'm testing how publishing indicators works in Trading View. I have only done a minor adjustment to the RSI indicator, but I plan to do much more once I fully understand the...
This indicator is an advanced studie of 'Mansfield Relative Strength Trend' indicator
Since it is too time consuming to constantly change the index, I have developed a multi-index indicator.
The default order of the indexes is:
1. S&P 500
2. Dow Jones Industrial Average
'Stan Weinstein' developed an indicator called Relative Strength which compares the relative strength of a stock with the associated index (in this case the S&P 500).
This indicator combines the relative strength with Weinstein's stage analysis.
The indiacator was made for weekly stock charts only!
BUY & HOLD Conditions (green):
1. Mansfield Relative Strength...
This combines slow stochastic and SCTR for measuring at same time if the asset is strong enough and keep goinig up or if better to sell.
My strategy is to go long when SCTR is high and stoch is just out of 20 zone.
Hey all; I made this script for default usage on the 15 min chart for XAGUSD, try it out and tell me what you think.
It is similar to what the original user /u/MarcoValente published for his gold/silver spread script; however I have made some changes so this is usable for XAGUSD and utilizes my 'holy grail' method of basket weighting the USD (aka why the code is...
Some weeks ago, I had a patient in my practice who suffered from internal stability disorders.
Certainly not a case of disordered thinking or schizophrenic behaviour, because his general sense of direction wasn’t the problem.
He just couldn’t find the right overall balance, an ailment he struggled with for years.
Straight away I could diagnose that surgery...
Relative Strength to index as used by Leaf_West. If you follow his methods be aware of the different moving averages for the different time periods. From Leaf_West: "on my weekly and monthly R/S charts, I include a 13 EMA of the R/S (brown dash line) and an 8 SMA of the 13 EMA (pink solid line). The indicator on the bottom of the weekly/monthly charts is an 8...