I like using both MACD and RSI for my strategies to confirm patterns, but I really only check RSI to see if it is outside of the normal range. So I rewrote the MACD indicator to color bars that are above or below the set RSI boundaries in a different color (yellow by default) so I can quickly check that parameter without needing both indicators up. This is my...
THE BEST FOREX, STOCKS, COMMODITIES , AND CRYPTO INDICATORS FOR TRADINGVIEW.COM The relative strength meter (RSM) is a momentum indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset. The RSM is displayed as a color coded meter. GREEN: Bullish Uptrend RED: Bearish...
this is script based on lazy bear special rsi and alex trend step so it look like a nice hybrid together:) signal and alerts inside
This indicator shows the RSI and StochRSI. RSI divergence will also be marked. - Bullish divergence - green triangle, - Hidden bullish divergence - gray triangle - Bearish divergence = red triangle - Hidden bearish divergence - gray triangle Credits to BabyWhale83 for the code to spotting divergence WANNA TIP ME? BUY ME SOME BEERS! BTC:...
Just saw this on a particular website and created my version of it. A practical modification of MACD and Squeeze Momentum. The MACD histogram is colored in green or red depending on whether the squeeze momentum is active or not. Additionally, the MACD line is colored green if the RSI is oversold and red if it's in the overbought levels.
NIFTY and Bank NIFTY index RSI 14 comparison indicator. I often check for RSI of both index to take long or short position based on oversold rsi and overbought rsi. instead of checking in different charts i developed this indicator.
A free addon for Profitable RSX . Equipped with RSX Values Distribution Profile, Point of Control, Value Area (customizable % based) and alert system.
pSAR derived oscillator with its set of RSI & StochRSI and MAJestic (Momentum, Acceleration, Jerk) Oscillators Set pSAR and MAJ oscillators can be disabled and hidden. ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ Note: In no way is this intended as a financial/investment/trading advice. You are responsible for...
This indicator paints the middle dots green when a bullish divergence is found on both the RSI and the Awesome Oscillator and red when bearish divergence is found
Script based on Stoch RSI and RSI for quick profits with alerts.
This script does the following: Plots RSI to the existing resolution. Plots the 50 SMA (sourced from the RSI) Colors the line red when below the 50 SMA and RSI is below 50. Colors the line green when above the 50 SMA and RSI is above 50. Banding: Green from 50 to 70 Dark yellow from 70-80 and 30-20 Red from 50 to 30 Brighter yellow from 80-90 and...
The relative strength index function is defined. Now you can easily use length with mutable variables !!