RSI chop filterThis demonstrates how you might filter your signals using RSI, but the same technique could be applied to Stochastic RSI and any other oscillator that has overbought and oversold conditions.
Use it as a visual indicator to determine when to enter a trade:
Red = Chop zone (no trade)
Bright red = Tight chop (dear god stay away)
Green = Overbought or oversold (signals permitted)
Bright green = Crossing up/down (take the trade)
To apply the filter, simply add 'and not chop' after your conditions as seen in the commented out example.
Tìm kiếm tập lệnh với "五粮液RSI技术指标"
Rsi Stops - JDThis simple indicator gives you a bias on the market that can be used as a filter, an entry indicator for pullbacks,...
It shows the special relationship I discovered between the rsi and the 27 period ema
and the relation between the 40/60 levels of the rsi and the atr offset of the 27 ema line
Enjoy!
JD.
#NotTradingAdvice
#DYOR
RSI / STOCH RSICan be used in any time frame, any market (crypto,stock and FX) and any symbol. Values changeable and turntable on/off.
Include's :
- RSI
- SRSI
RSI + RSI STOCHASTIC + MFICombines: Relative Strength (purple) and RSI Stoch (Orange/gray), Money Flow (green) all in one indicator window.
RSI Divergence - Baby WhaleHey guys!
BabyWhale here!
I will open source my scripts, so everyone can use them and update.
In this RSI Divergence script I added Hidden Divergence (beta) as well.
This script will show you:
Bullish Divergence (green triangle)
Hidden Bullish Divergence (green circle)
Bearish Divergence (red triangle)
Hidden Bearish Divergence (red circle)
You can set the RSI values.
I recommend 60 / 40 or 70 / 30.
Last but not least, you can set alarms when a Divergence or Hidden Divergence is found.
Feedback is always welcome!
Credits to @Libertus, I used his script as inspiration.
Good luck with trading!
BabyWhale
Scott's RSI with ema and stochsRSI with ema of RSI with regular stochastic overlaid into the same panel with control zones.
RSI Stop LossExperiment for using RSI as a stop loss value, shows where the price will be when the RSI increases or decreases by a specified amount.
RSI Go longGiving all credit to @Celena at WarriorTrading for the idea behind this script.
The script is pretty basic and self-explanatory. We will use certain RSI levels both on 5min and 1min to determine the strength/momentum of a stock.
The idea is to monitor 5m and 1m timeframes at once. if the RSI starts to test the initial level, we will see a plot on the graph ( default color is orange ). If we reach our target level and above, bar colors will change to default color green. If this happens in both 1min and 5 min timeframe it is an indicator of the strength of the stock. This indicator coupled with our own strategy helps us reinforce the idea for long entries.
RSI + EMA with Multiple ZonesThis is your traditional RSI chart but with a few modifications
I added an extra zone parameter that you can specify with its own color and line customization.
There is an EMA that tracks the RSI as well.
RSI LabelAdds a purple label to the right of price if RSI is overbought or oversold, otherwise it doesn't show anything at all, nada. Handy for people (like me) who often focus on price action and forget to watch the RSI
RSI Alligator StrategyHello trading family! Just wanted to give a quick write up and share the new code for the RSI Alligator Strategy. I amended it to show every crossover signal, weak and strong, so we can accurately gauge its effectiveness.
Having played with this for a couple hours now I have learned a few things
-Using Heikin Ashi seems to smooth it out a bit and provides about 20% fewer signals, leading to overall more accuracy. However, it can be misleading as the Heikin Ashi opening price doesn't always line up with the market price, especially in cases of large moves. Overall though it didn't seem too far off except for a few instances.
-Also, using the Heikin Ashi gives you a better idea of the trend, which this indicator is primarily used to detect and exploit.
-Having tested on TF of 1H-1D, overall profitability is found to be highest between 4H-12H, with 1D giving the "safest" longer term signals, and lower TF's generating many more signals due to volatility.
-Instead of waiting for the next signal in order to close, you can often use a crossover/crossunder of the 5 and 13 to close the previous trade, especially if paired with a Heikin Ashi of opposite color (green to close a short, red to close a long)
-You will also notice several instances where the Green 5 period show divergences that aren't visible on the regular RSI, another handy little feature
So far I have still only tested this on BTCUSD. Feel free to apply it to any coin and let me know what you find.
Here is the script. If you have any ideas or suggestions please let me know!
RSI Alligator Strategy [forked from jedireza]Backtester for RSI alligator is Williams Alligator strategy using Relative Strength Index to predict entries
Original script can be found at
RSI-2 Larry Connars for 15 min KOnly Long when close > ma120 and rsi < 10 and rsi >1
平倉WHEN close > ma5 and ma1 穿 ma3
RSI with SMA ( Normal Formula of RSI)Tradingview has a different type of RSI. I prepare a normal formula for RSI to calculate better backtest performance.
RSI MACD with conditional MA indicator backtestingbacktesting for the RSI MACD with conditional MA indicator:
RSI or %B of Bitfinex shorts /longs of main crypto trading pairsNormalized longs and shorts with %B or RSI of some crypto trading pairs listed below (longs and shorts data from Bitfinex). If you're not familiar with %B just use default setting and it will plot a RSI of the longs and shorts (screenshot is from %B). Obviously this should not be used as a single reason to take a trade but part of your analysis.
For some longs/shorts sentiment interpretation you can look at this:
cdn.discordapp.com
Available pairs (you can add some with very basic Pine Script knowledge but it will take more time loading):
BTCUSD
ETHUSD
ETHBTC
EOSBTC
LTCBTC
XRPBTC
BCHBTC
TRXBTC
RSI ALL IN ONE PLACEThis script combines the RSI, Stochastic RSI, and Stochastic to all be in one place for ease of use.
Nothing really new, just a script to streamline and create a convenient view of normal indicators
RSI Levels, 15-30 & 70-85 with 50New version of my RSI Levels, 20-30 & 70-80 considering extreme market conditions.
This version scales between 15-30 and 70-85 instead and also has RSI 50 as the middle line.
RSI Heat Bands [River]This script combines LazyBear's RSI Bands with JayRoger's Bollinger Heat Bands, to give an on chart representation of the price needed to set RSI to each major level, from 20 to 80 (higher values created massive bands).
RSI Candles [cI8DH]This is candle visualization of regular RSI. That's all.
I have seen two other RSI candles, but their implementation is not correct. The high on RSI usually matches the low on price and vice versa. I have completely turned off the wicks so you can safely use this indicator as a replacement for regular RSI.
