RSI divergence is a cornerstone signal for both stock and cryptocurrency traders, renowned for its reliability. The basis for measuring divergence can vary: Historically, it's been determined by the candlestick's closing price. However, a contemporary approach uses the tail values, specifically the high and low prices, of the candlestick. Depending on the...
This indicator is the simple version of my indicator: RSI Screener and Divergence . Only show table with values, signals at 5 custom timeframes. ----- I reused some functions, made by (i believe that): ©paaax: The table position function. @kingthies: The RSI divergence function. @QuantNomad: The function calculated value and array screener for 40+...
If you've ever been confused because Ta-Lib RSI differs from TradingView's RSI... Look no further than here which instead of using the Rolling Moving Average, will instead use the Simple Moving Average
The "Enhanced Smoothed RSI Factor" indicator is a robust technical analysis tool designed to assist traders in identifying potential trends and reversals. This indicator combines elements of the Relative Strength Index (RSI) with a smoothed factor, enhancing its reliability and responsiveness. By visualizing the Enhanced Smoothed RSI Factor alongside the standard...
The Relative Strength Volume Comparison is a powerful tool that can help traders identify the current trend based on volume pressure and potential reversals. This oscillator is made of two lines and the overbought and oversold levels. Each of these two lines is a relative-strength formula that contains both the famous RSI and CCI formulas, smoothed by a Hull...
The QQE (Quantitative Qualitative Estimation) Weighted Oscillator improves on its original version by weighting the RSI based on the indications given by the trailing stop, requiring more effort in order for a cross with the trailing stop to occur. 🔶 USAGE The QQE Weighted Oscillator is comprised of a smoothed RSI oscillator and a trailing stop derived...
Here is an easy-to-use and customizable multi-timeframe visual trend indicator. The indicator combines Exponential Moving Averages (EMA), Moving Average Convergence Divergence (MACD), and Relative Strength Index (RSI) to determine the trend direction on various timeframes: 15 minutes (15M), 30 minutes (30M), 1 hour (1H), 4 hours (4H), 1 day (1D), and 1 week...
# Double Relative Strength Index (Double RSI) Indicator The Double Relative Strength Index (Double RSI) is a custom trading indicator for the TradingView platform. It provides traders with two Relative Strength Index (RSI) bands, a fast RSI, and a slow RSI, which can be helpful in identifying potential entry and exit points in the market. ## Features - **Uses 2...
This script is a customized Relative Strength Index (RSI) indicator with added functionality, notably the optional Bollinger Bands overlay. At its core, the script calculates the RSI, which is a popular momentum indicator used in technical analysis to identify overbought and oversold conditions. It does this by taking the average gain and the average loss over a...
Title: RSI-Volume Oscillator Quick Scalping Indicator Description: The "RSI-Volume Oscillator Quick Scalping" is a powerful and versatile custom indicator designed for traders who engage in scalping strategies. This indicator combines the Relative Strength Index (RSI) with a Volume Oscillator to provide valuable insights into momentum and volume dynamics in the...
Hello! Today, I am delighted to introduce you to the "EMA Power Bands" indicator, designed to assist in identifying buying and selling points for assets moving in the markets. Key Features of the Indicator: EMA Bands: "EMA Power Bands" utilizes Exponential Moving Average (EMA) to create trend lines. These bands automatically expand or contract based on the...
Introducing the "RSI Supreme Multi-Method" indicator, a powerful tool that combines the Relative Strength Index (RSI) with selectable manipulation methods to identify overbought and oversold conditions in the market, along with the ability to detect divergences for enhanced trading insights. The indicator features four distinct manipulation methods for the RSI,...
💡 RSI superimposed on the chart! 👉 This indicator clearly shows the overbought and oversold zones directly on the chart of any instrument! The RSI settings are standard. In the settings menu, the RSI length and data type are set. In addition, the lower and upper boundaries are set. The values of the boundaries and the RSI index are automatically adapted to the...
Variety Step RSI w/ Dynamic Zones is a stepped RSI calculation with Discontinued Signal Lines. This indicator includes 7 types of RSI to choose from. The addition of the Discontinued Signal Lines allows this indicator to better identify momentum shifts in price so traders have better defined long/short signals. Enhanced Moving Average Calculation with Stepped...
20/200MAs Shows 20 and 200 MAs in each TFs(tfChart,1 Lower and 4 Higher). TFs: current TF Lower TF (default: lower1) Higher TF1 (default: higher1) Higher TF2 (default: higher1) Higher TF3 (default: higher1) Higher TF4 (default: higher1) MAs: 20MA (default: sma) 1st 200MA (default: sma) 2nd 200MA (default: ema) VWAP (optional) ...
Hi. I have prepared for you the multi-time frame RSI indicator based on moving average You can use it in three different time frames Open the settings and put the value you want in the Time 1 and Time 2 fields In the fast and slow section, specify the length of the moving period of fast and slow origins as desired In the offset section, you can add or reduce the...
RSI Analysis: The indicator calculates the Relative Strength Index (RSI) using a user-defined length (default: 14). It colors the bars based on RSI levels to identify potential overbought and oversold conditions. Bars exceeding the overbought level (default: 70) are colored, while bars below the oversold level (default: 30) are colored too. This helps traders...
This indicator can be used for sugar stocks to compare their relative strength with that of their respective industry. It can also be used to gauge the momentum in sugar stocks against the other indexes like Nifty, Bank Nifty, CNXIT, CNXAUTO and check which index is outperforming the other. Made with reference to the index published by Stef @Scheplick