OPEN-SOURCE SCRIPT
RSI Convergence Divergence
Actualizado
RSI based oscillator inspired by the MACD.
Indicator that consists of two RSI calibrated at different lengths to take advantage of their convergence, divergence, overall direction, overall strength and several other metrics to extract signals from the price action.
This indicator includes:
- Fast RSI
- Slow RSI
- Signal line to identify convergence/divergence
- Simple moving average applied to the average of the two RSI
- DEMA applied to the average of the two RSI
- An average moving average of the SMA and DEMA
Some of the applications of this indicator:
- Simple convergence/divergence signaled by the moving average going above or below zero.
- Crossover between SMA and DEMA
- Combination of convergence/divergence and one of the 3 MAs reaching overbought or oversold threshold
- Average moving average going above or below 50
The combinations of different conditions are countless and limited only by the imagination of the user.
The visualization inputs, besides allowing to choose the candle coloring, give the user the ability to keep the chart clean and only see the signals he is interested into.
Indicator that consists of two RSI calibrated at different lengths to take advantage of their convergence, divergence, overall direction, overall strength and several other metrics to extract signals from the price action.
This indicator includes:
- Fast RSI
- Slow RSI
- Signal line to identify convergence/divergence
- Simple moving average applied to the average of the two RSI
- DEMA applied to the average of the two RSI
- An average moving average of the SMA and DEMA
Some of the applications of this indicator:
- Simple convergence/divergence signaled by the moving average going above or below zero.
- Crossover between SMA and DEMA
- Combination of convergence/divergence and one of the 3 MAs reaching overbought or oversold threshold
- Average moving average going above or below 50
The combinations of different conditions are countless and limited only by the imagination of the user.
The visualization inputs, besides allowing to choose the candle coloring, give the user the ability to keep the chart clean and only see the signals he is interested into.
Notas de prensa
Added custom thresholds to clean the signals for high volatile assets.Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.
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