made 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...
The Laguerre Relative Strength Index was created by John Ehlers and this is essentially his version of the RSI but I find that the buy and sell signals work better with his version as you can see. Buy when the line turns green and sell when the line turns red.
Let me know if there are any other indicators you want me to publish!
This is a indicator I built on the basis of RSI and price action.
It is the Cappuccino-Indicator. It calculates back the estimated price based on RSI with some optional filters and gives signals for buy and sell.
it works as follows:
- the current RSI value is calculated back to a estiamated market price
- shoutout to some developers who made some functions...
1.Exponential Strength Index (ESI) & Relative Strength Index (RSI) cross above Simple Strength Index (SSI) is buy signal and sell is below. Confirm with level
2.Use divergence confirm signal buy and sell with first method
Gives an ability to compare 3 RSIs:
current altcoin + BTC (e.g. ADABTC) - green by default
current pair (e.g. ADAUSDT) - blue by default
BTC (e.g. BTCUSDT) - yellow by default
It helps to understand the cause of price change - whether BTC provokes price change or not. Also it shows performance of an altcoin - the bigger gaps between RSIs, the stronger...
ENG: This indicator includes the SMA line colored according to the price position, the RSI to identify the bearish or the bullish points, the Engulfing bars, the clock and the information panel showing the countdown to the candle closing.
SMA: default period is set to 50. It can change from the settings.
Definition of SMA line default colors: When the price...
Receive a message for add RSI to overlay = true
I am not a fan for cross-over something so I think it is not worth to move RSI to overlay, but I just got an idea on how to implement it.
So I spent a few minutes to move my RSI-HLC to overlay.
Better watch both overlay =true and false.
This is using an EMA and RSI with slightly modified settings to give good entry and exit points while looking at Bitcoin. I use this on a 4-hour chart and with other indicators to find good positions to enter a trade or exit if things are turning red.
If you click on the EMA line it will color the bars of the chart based on if they are above or below the EMA -...
TA is about visual arts.
I put both Close and (H+L)/2 on RSI and have more views on market.
How to use:
- Big Green and big Red should be considered.
- Divergence is always a good signal, but may be ensured by others like trend lines.
With great gratitude to Tradingview and Pinecoders I give you a simple highest/lowest indicator, inspired by the recent added function:
‘color.rgb (red, green, blue, transp)’
The colour is derived from rsi values
The main goal was to show the use of:
- array.new_color()
- color.rgb()
- color.from_gradient()
Cheers!
Based on the Stochastic RSI but uses RVI (Relative Volatility Index) as source. Another great tool for finding market lows and entry points. This oscillator is also good for finding accurate diversions.
Hello again.
Here I have an improved version of the RSI that is similar to my "+ %B" indicator (that, an improved version of the %B).
This version of the RSI includes candle coloring for bullish or bearish bias (is the RSI above or below its median line?), as well as candle coloring for overbought and oversold areas. Additionally, there is an option for coloring...
This indicator attempts to assert the strength of a swing in the RSI. Mind you, not the price, just the RSI. A spike in ROSI 1.b indicates that the RSI has switched direction and should continue trending up/down. The RSI, not the Price.
This is a fork of the previous PACD indicator i made by working out the RSI another two times. it works the exact same but is more leading in trend reversals and divergences.
this indicator plots 4x the RSI of the RSI of the price using the derivatives of RSI. Data is plotted just like the MACD.
points 5 and -5 are very strong support/resistance points and should...
Bjorgum Reversal
Bj Reversal uses Tilson moving averages to identify trend changes
Bars change to yellow as bar close crosses the Tilson moving averages. Blue or red is confirmed as the two Tilson averages themselves cross.
Reversal is great for pinpointing trend change often giving the absolute best entry or exit
Its sensitive nature can mean more false...
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...
This is a better, cleaner version (in my opinion) of an part of an indicator I was using that was coded up by cI8DH. I reached out to him about cleaning up the code (things weren't working) for Pinescript v4, but he no longer seems to be active, so I thought I might take it upon myself to at least work out this portion of the indicator.
Much credit goes to him....
![AAPL: Ehlers Laguerre Relative Strength Index [CC]](https://s3.tradingview.com/i/iUl3zTql_mid.png "Ehlers Laguerre Relative Strength Index [CC]")
![EOSUSDT: [SerDarK] SMA RSI Engulfing Bar](https://s3.tradingview.com/q/Q4W4eP49_mid.png "[SerDarK] SMA RSI Engulfing Bar")
![EURUSD: [JL] Relative Strength Index HLC Overlay](https://s3.tradingview.com/s/sFb0CseQ_mid.png "[JL] Relative Strength Index HLC Overlay")
![EURUSD: [JL] Relative Strength Index HLC](https://s3.tradingview.com/o/OFnrAftz_mid.png "[JL] Relative Strength Index HLC")
