RSI Div at Daily VWAP StDev

5 thg 5, 2021

Mean Reversion indicator based on RSI Divergences at Overbought/Oversold conditions with Price above/below a Standard Deviation from Daily VWAP. Useful for intra-day trading.

Signal criteria:
1. RSI is at Overbought/Oversold
2. RSI Divergence present (not hidden)
3. RSI has not reached Neutral level (i.e. 50)
4. Price has crossed above/below a Standard Deviation from Daily VWAP

Config Options:
- RSI length (default:14)
- Divergence Lookback Period (default:14)
- RSI Oversold/Overbought tresholds (default: 70/30)
- RSI Reset Level (default: 55/45)
- Use VWAP Std Dev (default: yes)
- Standard Deviation from Daily VWAP (default: 1.51)

Use with discretion.

5 thg 5, 2021

Phát hành các Ghi chú

Fixed filtering of divs under RSI Overbought/Oversold

5 thg 5, 2021

Phát hành các Ghi chú

Can choose Indicator Time Frame

6 thg 5, 2021

Phát hành các Ghi chú

fix reset when crossing neutral level

27 thg 6, 2021

Phát hành các Ghi chú

Fixes identification of divergences when 2nd SH/SL on RSI is not at extremes, as it is still a valid divergence.

25 thg 7, 2021

Phát hành các Ghi chú

bugfix: some bearish divergences where detected below overbought