This function is similar to the stochastic rsi function.
The only difference is that Money Flow Index is used instead of rsi.
Oversold and overbought values were changed to 80 and 20.
Because the MFI's overbought and overbought zones are 20 and 80.
In MFI, I think that it can be more beneficial in liquid markets than stochastic rsi since volume is taken into...
This script uses a regular Stochastic RSI formula and then runs Ehlers' Super Smoother on top of it. It also provides buy/sell signals on crossovers.
The script is inspired by LazyBear Ehlers-Smoothed Stochastic RSI with Roofing Filter, except I find that the Roofing filter (existing implementation) does not work well near extreme price changes, where a regular...
CCT StochRSI, proposed by Steve Karnish of Cedar Creek Trading, reconfigures classic StochRSI using custom parameters and smoothing.
There are 6 types supported.
(rsi - lowest(rsi, x)) / (highest(rsi, y) - lowest(rsi, z)) * 100
ema(common formula result, len)
Settings (values for x/y/z/len in the above formulae):
Script contains couple momentum oscillators all in one pane
List of indicators:
WaveTrend by LazyBear
Default active indicators are RSI and Stochastic RSI
Other indicators are disabled by default
RSI, StochRSI and MFI are modified to be bounded to range from 100 to -100. That's why overbought is 40 and 60 instead 70 and...
Simple strategy script I've had for a while but looks like I never published.
Although it is one of my most simple it seems to have the best profitability. It is pretty rough though. the Stoch RSI has only a little weight to the trade trigger. I'll refine it more over time or you can by all means. Basically the Stoch RSI current K line has to be OVER 40 to...
A combination of RSI and Stochastic using default settings.
- RSI or Relative Strength Index is the white line.
- Stochastic %K is the aqua line
- Stochastic %D is the orange line
- The purple rectangle is the RSI range going from 30 (oversold) at the bottom to 70 (overbought)
- The top dotted line indicates the price being overbought on the stochastic
Simply a Stochastic RSI and CCI mix with a Rate of Change filter to stay out of choppy sideways markets.
For a long signal we need both the CCI above 0 and the stochastic line to be higher than the last candle.
For a short signal we need both the CCI below 0 and the stochastic line to be lower than the last candle.
Pay attention to...
This indicator can apply my previous indicator, Historical and Standard Stochastic, to Money Flow (ADMF) or Absolute Strength Index (ASI) or both at the same time. It can also display those two indicators in regular mode as well as showing visual cues when the indicators make new ATH or ATL.
ASI is basically a new name I am giving to my Gain/Loss Moving Average...
EDS AWESOME BOT SIGNALER
Specially for use with e.g. 3commas or autoview
But can also be used just in normal manual (visual) mode
This Script is very early Beta. Works for visual manual use....
and also for 3Commas Bot as "Signaler" (how to connect with Bot, see the docu on 3commas).
... but can use as Signaler for any Bot who is able to get Tradingview...
Since my " MACD & RSI+Stoch + Divergences" is a heavy script
I've split the script in 3 separate ones:
- Stoch RSI
Default settings are without lines (faster)
If you want to see the lines, enable the "Just show Arrows (No Lines)" button
When the message "Calculation timed out.Remove the indicator and reapply it to the chart" is...
Super Stoch Update
// Short Name Changed To "SS 3.0"
// Added a third StochRSI.
// Default resolutions S1= W, S2= D, S3= 240 (4H)
// Signal function for all StochRSI's.
// Made a Variety of Cosmetic Changes
This is designed for Renko Charts Only, errors will occur on Heiken Ashi and Candlestick charts under 1hr resolution. Tested for use on 1min, 3min, 5min, 15min, 1hr, resolutions. Use with Renko Stochastic RSI Alerts to add pop-up alerts & sounds.
3 Lines are Stochastic RSI's, strongest move is when all crosses and moves to one direction (from top or bottom).
Orange is original Stochastic of the timeline. (Live movement of price).
Green is original Stoch x 6. (Short term movement).
Red is original Stoch x27 (Long term price movement).
Transparent columns are ADX signal.
Higher the mountain,...
So in this indicator I put the improved DMI together with stoch rsi
the area in light blue are buy zone by the improved DMI
the area in light red are potential sell zone by the improved DMI
the green columns are stoch rsi crossing up
the red columns are stoch rsi crossing down