True Strength Index (TSI)
RSI + Volume-Weighted TSIThis indicator combines a standard RSI with a modified TSI.
Although a double smoothing process is already used in calculating the normal TSI, we decided to apply a volume weighted moving average of length (length_of_slow_TSI_EMA // 2) to it. This resulted in a smoother TSI that picked up on large-scale swings very nicely.
Entry Signals are generated when the Volume-Weighted TSI crosses above zero from negative into positive territory. Exit signals are generated when the TSI is above 40 and then begins its downward fall, along with a declining RSI value.
The Graph:
The Volume-Weighted TSI is plotted as the blue histogram, wile the RSI is plotted as the yellow histogram. We definitely wanted to go the simplicity route on this one's graphics, since the RSI and TSI are both classic and reliable indicators.
The green background highlights indicate an entry signal and red highlights signify an exit signal.
Input Options:
-length of Slow EMA for TSI
-length of Fast EMA for TSI
-Length of Volume Weighted MA of TSI.
-Length of RSI.
~Happy Trading~
RSI MomentumThis script represents Momentum's move in the RSI , So we expect to start moving faster than RSI and in this oscillator
When the line of histogram is under the neutral zone and it's color changes from red to maroon, The BUY Signal has been issued /
When the line of histogram is above the neutral zone and it's color changes from lime to green, The SELL Signal has been issued /
This script was written by Hamid Abdi (Teaching by Dr .A.Khodakarami)
Super True Strength IndicatorHere is the Super TSI. An indicator to use for bias (bull/bear) in addition for entry and possible exit signals.
The Super True Strength Index is only available to members in my private training.
The Super TSI takes 4 measures the strength in 4 different timeframes. It's designed to be used on either a Weekly, Daily, 4HR, or 1HR chart.
If you are in my training please watch training videos on how to use this indicator.
Minimal Godmode 1.0// Acknowledgements:
// Original Godmode Authors:
// @Legion, @LazyBear, @Ni6HTH4wK, @xSilas
// Drop a line if you use or modify this code.
// Godmode 3.1.4: @SNOW_CITY
// Godmode 3.2: @sco77m4r7in and @oh92
// Godmode3.2+LSMA: @scilentor
// Godmode 4.0.0-4.0.1: @chrysopoetics
// Jurik Moving Average: @everget
// Minimal Godmode v1.0:
// Removed BITSTAMP:BTCUSD, added presets for 9-26-13 and 17-6-4, added more exchanges + USDT and USDC pairs to multi-exchange option
// JMA smoothing - more responsive + less lag than SMA at equivalent length settings
// Minor cosmetic changes to account for pinescript 3 transparency and z-order
HMA_ATR_TSIA combination of signals trigger this strategy.
HMA crossovers (short period & long period) -Hull moving average-
ATR (smoothed with HMA ) -Average true range-
TSI -True strength index-
The final close price is not known until right at the end of the bar.
This means that the indicator is constantly “repainting” during the bar.
You will see that indicators are constantly moving with each tick received
Use Open instead, the value is set and does not change even after refreshing the page.
An attempt to reduce repainting.
INDICATOR VERSION FOR USE WITH ALERTS
HMA_ATR_TSIA combination of signals trigger this strategy.
HMA crossovers (short period & long period) -Hull moving average-
ATR (smoothed with HMA) -Average true range-
TSI -True strength index-
The final close price is not known until right at the end of the bar.
This means that the indicator is constantly “repainting” during the bar.
You will see that indicators are constantly moving with each tick received
Use Open instead, the value is set and does not change even after refreshing the page.
An attempt to reduce repainting.
Bottomed Out v1Bottomed Out - Heads Up
Indicators used internally
Bollinger Bands
Chaikin Money Flow
Money Flow Index
Stoch
Stoch RSI
True Strength Index
Chop Index
Fisher Transform
The main idea behind this indicator is let you know when market is bottoming out, it works on all time frames, higher time frames are recommended.
You can change the bottom value in the properties section this will give you a wider or tighter signal depending on the values.
*Notes:
If price goes lower after a signal, this is possible a bullish divergence, since indicators are going out of the bottomed zone but price is making a new lower low.
RSI TSIRSI & TSI combination, with Hull MA for a center Line.
Order entry with either RSI TSI or Hull MA
Experimental strategy for possible use as bot
Plots named for use with alerts
RSI TSI StrategyRSI & TSI combination, with Hull MA for a center Line.
Order entry with either RSI TSI or Hull MA
Experimental strategy for possible use as bot
TSI-DonchianHere it a TSI with MTF function , together with Donchian high and low channel
the best entry and exit are shown in arrow
Hull_TSI Strategy v420Hull and TSI combination.
experimenting with settings for 5 minute chart (default settings)
but can be use on any pair/timeframe
Trader Set - Volume MomentumThis is a Momentum indicator but on "Volume" The formula is heavily tweaked version of TSI with chance of using different averaging types, the period numbers are fixed and user don't need to type anything for them!
Please don't contact me for getting access, these tools are available for my students only. These are part of my "methodology" that I teach. The English version of the website and learning material is under development and I will announce it under each related script when they are ready so that those who are interested can participate in the course.
Trader Set - Ergodic MomentumThis is a price momentum indicator that is based on Ergodic formula (TSI), but the formula is tweaked and different types of averaging is allowed. by changing the type of average calculation and some predefined values (totally different from what is suggested by now) we get a nasty indicator that can easily be used both for cycle observation side by side with momentum of the price itself !
Please don't contact me for getting access, these tools are available for my students only. These are part of my "methodology" that I teach. The English version of the website and learning material is under development and I will announce it under each related script when they are ready so that those who are interested can participate in the course.
Hull_TSI Strategy v3True Strength Index, but Exponential Moving Average taken out and replaced with Hull Moving Average
this version uses 3 Hull MA's as well as the TSI value crossovers above or below the upper/lower lines
This version is the closest to the API bot featured at gekkoplus.com
Hull_TSI bot is competing in the competition
" Gekko Plus is hosting a strategy contest. Submit the best performing Gekko strategy and win 0.1 BTC! "
15 Nov 2018: Strategy contest start
10 Dec 2018: Strategy contest end
12 Dec 2018: Contest evaluation, announcement of winners!
Hull_TSI Strategy v2True Strength Index, but Exponential Moving Average taken out and replaced with Hull Moving Average
this version uses only the crossover of the TSI values
DE and US 10Y bonds spreadDE and US 10Y bonds spread
spread of DE and US 10 year bonds yield
The euro should follow it.
