Grupo Aeroportuario del Centro Norte S.A.B. de C.V.NASDAQ
Descripción
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Like Volume-Spread-Analysis , this plot is an attempt to show a little of the candle's feeling.
Some people say that "the most important thing is closure", but we can read some patterns on the RSI candle. And if we use volume changes, it can sometimes make the pattern reading clearer. This indicator is intended to help as a support. The technique is simple: an RSI candle, not just a linear graph. And also with the option to weigh the volume changes.
Ideas, corrections and suggestions. Those are always welcome
Al igual que el Volume-Spread-Analysis , esta presentación del clasico RSI es un intento de mostrar un poco del sentimiento que refleja la vela.
Algunas personas dicen que "lo más importante es el Precio final", pero podemos leer algunos patrones en la vela aun en el RSI. Y si usamos cambios de volumen, puede hacer que la lectura del patrón sea más clara. Este indicador tiene la intención de ayudar como un soporte.
La técnica es simple: una vela RSI, no sólo un gráfico lineal. Y también con la opción de sopesar los cambios de volumen.
Ideas, correcciones y sugerencias. Son siempre bienvenidos
hey can you explain the candle with green red and gray color... what they represent? and why do i see doji and bid candle opening above it?
eldeivit
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@anacondabitch, ok the red or green color indicate "only a trend", you know, 3 bars with the same direction. Gray if is not the case. I put this to make more clear a possible "divergence" beteween the pure price lenguange and the afeected candle by volume. This paramater (volume) is add because a volume spike some times indicte a trend end...
anacondabitch
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@devicemxl, ok thx ... i dont see any connection between green reds coming from 3 consecutive bars lining up in a row ... that is btc daily... no 3 bars ... if candle gets violent it rends a green for some reason?
anacondabitch
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can you share the code in a destructible Pastebin ... so i can review code especially the change parameter? or maybe an explanation? i'm using td for every 9
amazing work buddy. you invented the equivalent of the tick indictor for all instruments, respect. how can i send you money for your work?
mrmataraci
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Nice work. I think it would be great if you can integrate Demark Lines to RSI candles. By this way one can see the channels, resistance and support lines of RSI. And when RSI levels match with price levels it would be a good trade level