🎲 Introducing the RSI-Divergence Goggle 🎯 Revolutionizing Divergence Analysis in Trading While the concept of divergence plays a crucial role in technical analysis, existing indicators in the community library have faced limitations, particularly in simultaneously displaying divergence lines on both price and oscillator graphs. This challenge stems from the...
This Indicator, will rate multiple different lengths of RSIs to determine which RSI to RSI MA cross produced the highest profit within the lookback span. This ‘Optimal RSI’ is then passed back, and if toggled will then be thrown into a Machine Learning calculation. You have the option to Filter RSI and RSI MA’s within the Machine Learning calculation. What this...
Extreme duration uses a special combination of the RSI and its relative position to deliver a reversal signal. The following are the conditions to generate signals: * Bullish signal: The current 8-period RSI is below 50 and above 35 while the previous 5 RSI's are below 35. * Bearish signal: The current 8-period RSI is above 50 and below 65 while the previous 5...
The RSI Heatmap Screener is a versatile trading indicator designed to provide traders and investors with a deep understanding of their selected assets' market dynamics. It offers several key features to facilitate informed decision-making: █ Custom Asset Selection: The user can choose up to 30 assets that you want to analyze, allowing for a tailored...
What You're Looking At: The indicator presents a few key elements on its pane which is separate from the price chart: Smoothed RSI Average Line: This line represents an average of three different RSI calculations, each weighted differently. It's been smoothed out to reduce noise and help you see the trend more clearly. Moving Average Line: This is a line that...
This is not your average, boring RSI indicator. This indicator is still an RSI (momentum) indicator, but I have converted the line into candlesticks. It has an option to make it glow neon blue to make it look cooler (dark background recommended for full effect). There is a red zone at 70, because of course, and a green zone at 30 for the same reason. On top of...
This indicator shows the RSI of up to 10 different timeframes with various customization options: Panel position Panel orientation (vertical/horizontal) Border width and color Choose up to 10 time frames with RSI length and source Background and text colors Thresholds of overbought, oversold, uptrend, downtrend and no-trend zones to change the color...
📈 Harmonic Trend Fusion - Your Personal Trading Assistant This versatile tool combines multiple indicators to provide a holistic view of market trends and potential signals. 🚀 Key Features: Multi-Indicator Synergy: Benefit from the combined insights of Aroon, DMI, MACD, Parabolic SAR, RSI, Supertrend, and SMI Ergodic Oscillator, all in one powerful...
The "RMI Trend Sniper" is a powerful trend-following indicator designed to help traders identify potential buy and sell signals in the market. It combines elements of the Relative Strength Index (RSI) and the Money Flow Index (MFI) to provide a comprehensive view of market momentum and strength. 🔷 Key Features: 🔹 Customizable Settings : Tailor the indicator to...
The "Dynamic Trend Fusion" (DTF) indicator is a powerful technical analysis tool for traders. It stands out from other indicators due to its adaptability and ability to provide insights into different trading styles. Users can choose from various trading options such as "Short-term Trading," "Long-term Trading," "Aggressive Short-term," "Conservative Long-term,"...
Strong Pullback Indicator Description: The Strong Pullback Indicator is designed to identify potential pullbacks or even trend reversals by utilizing a specific candlestick pattern in conjunction with the Relative Strength Index (RSI). It is advised to employ this indicator in chart intervals of 15 minutes or higher, as intervals below 15 minutes may generate...
RSI & MA Strategy : INTRODUCTION : This strategy is based on two well-known indicators that work best together: the Relative Strength Index (RSI) and the Moving Average (MA). We're going to use the RSI as a trend-follower indicator, rather than a reversal indicator as most are used to. To the signals sent by the RSI, we'll add a condition on the chart's MA,...
In the chart photo is a description for each shape and letter, saying what each one is. BB, Reversals are off by default. BB + Reversals + Next bar confirmation - The way this should be used is by waiting for a 1 or 2 bar confirmation closed above/below the high/low of the Reversal candle. So if its a Top R, a yellow box will print as a confirmed 1 bar if it...
This script was created because I wanted to be able to display a contextual chart of commonly used indicators for scalping and swing traders, with the ability to control the visual representation on the charts as their cross-overs, cross-unders, or changes of state happen in real time. Additionally, I wanted the ability to control how or when they are displayed....
The multi-data oscillator is a tool created to help traders visualize clearly how an oscillator works and moves considering different input parameters. In this tool, you can choose to visualize the script as the RSI, the CCI, the LOC indicator, a custom-created formula that simply shows the location of the data considering X past values, or the average of all of...
The nRSI stands as a groundbreaking enhancement of the traditional Relative Strength Index (RSI), specifically engineered for traders seeking a more refined and accurate tool in fast-moving markets. Customizable Price Change Period (n): Unlike the traditional RSI which solely relies on a fixed period for average gains and losses, the nRSI introduces an...
Hello Traders, This indicator is designed to easily visualize the overbought/oversold states of RSI and MFI across multiple timeframes. The indicator is very straightforward. The deeper the red, the closer it is to 0, and the deeper the green, the closer it is to 100. The intermediate values are rendered in a transparent gray to focus on the key...
The ‘YD_Divergence_RSI+CMF’ indicator can find divergence using RSI (Relative Strength Index) and CMF (Chaikin Money Flow) indicators. 📌 Key functions 1. Search pivot high and pivot low points in a certain length of price. 2. Connect pivot high to pivot high , pivot low to pivot low , forming two standards for divergence in result....