Página 2 | Rsistrategy — Indicadores y estrategias

Double Relative Strength Index (Double RSI)# Double Relative Strength Index (Double RSI) Indicator The Double Relative Strength Index (Double RSI) is a custom trading indicator for the TradingView platform. It provides traders with two Relative Strength Index (RSI) bands, a fast RSI, and a slow RSI, which can be helpful in identifying potential entry and exit points in the market. ## Features - **Uses 2 RSI Bands:** The indicator displays two RSI lines on the chart, providing insights into the short-term and long-term strength of the asset's price movement. - **Fast and Slow RSI:** The fast RSI uses a shorter length, while the slow RSI uses a longer length, allowing traders to observe different time frames of price momentum. - **Smoothing:** To reduce noise and improve the readability of the RSI lines, the indicator offers multiple smoothing options such as RMA, SMA, EMA, WMA, and HMA. - **Crossover and Crossunder Signals:** The indicator identifies potential trading signals when the fast RSI crosses above or below the slow RSI. These events are visually highlighted on the chart with color-coded candlesticks. - **RSI Bands:** The indicator also includes colored bands that represent different RSI levels, such as 80%, 75%, 60%, 50%, 45%, 25%, and 20%. These bands help visualize the RSI's current position relative to overbought and oversold conditions. ## How to Use 1. Add the "Double RSI" indicator to your TradingView chart. 2. Customize the input parameters according to your preferences, such as the lengths of the fast and slow RSIs and the smoothing method. 3. The indicator will display two RSI lines on the chart, each with its own color. 4. Look for crossover events where the fast RSI line crosses above the slow RSI line, indicating a potential bullish signal. 5. Watch for crossunder events where the fast RSI line crosses below the slow RSI line, indicating a potential bearish signal. 6. The colored bands represent different RSI levels. When the RSI is in the overbought (high) or oversold (low) regions, it may suggest a potential reversal in price direction. ## Disclaimer Please remember that the Double RSI indicator is provided for informational purposes only and should not be considered as financial advice or a standalone trading strategy. Always perform your own research, use additional tools and indicators, and consider risk management techniques before making any trading decisions. **Note:** This code is subject to the terms of the Mozilla Public License 2.0. For more details, refer to the (mozilla.org).

D-BoT Alpha 'Short' SMA and RSI Strategy Dostlar selamlar, İşte son derece basit ama etkili ve hızlı, HTF de çok iyi sonuçlar veren bir strateji daha, hepinize bol kazançlar dilerim ... Nedir, Nasıl Çalışır: Strateji, iki ana girdiye dayanır: SMA ve RSI. SMA hesaplama aralığı 200 olarak, RSI ise 14 olarak ayarlanmıştır. Bu değerler, kullanıcı tercihlerine veya geriye dönük test sonuçlarına göre ayarlanabilir. Strateji, iki koşul karşılandığında bir short sinyali oluşturur: RSI değeri, belirlenen bir giriş seviyesini (burada 51 olarak belirlenmiş) aşar ve kapanış fiyatı SMA değerinin altındadır. Strateji, kısa pozisyonu üç durumda kapatır: Kapanış fiyatı, takip eden durdurma seviyesinden (pozisyon açıldığından beri en düşük kapanış olarak belirlenmiştir) büyükse, RSI değeri belirlenen bir durdurma seviyesini (bu durumda 54) aşarsa veya RSI değeri belirli bir kar al seviyesinin (bu durumda 32) altına düşerse. Güçlü Yönleri: İki farklı gösterge (SMA ve RSI) kullanımı, yalnızca birini kullanmaktan daha sağlam bir sinyal sağlayabilir. Strateji, karları korumaya ve fiyat dalgalanmalarında kayıpları sınırlamaya yardımcı olabilecek bir iz süren durdurma seviyesi içerir. Script oldukça anlaşılır ve değiştirmesi nispeten kolaydır. Zayıf Yönleri: Strateji, hacim, oynaklık veya daha geniş piyasa eğilimleri gibi diğer potansiyel önemli faktörleri göz önünde bulundurmaz. RSI seviyeleri ve SMA süresi için belirli parametreler sabittir ve tüm piyasa koşulları veya zaman aralıkları için optimal olmayabilir. Strateji oldukça basittir. Trade maliyetini (kayma veya komisyonlar gibi) hesaba katmaz, bu da trade performansını önemli ölçüde etkileyebilir. Bu Stratejiyle Nasıl İşlem Yapılır: Strateji, short işlemler için tasarlanmıştır. RSI, 51'in üzerine çıktığında ve kapanış fiyatı 200 periyotluk SMA'nın altında olduğunda işleme girer. RSI, 54'ün üzerine çıktığında veya 32'nin altına düştüğünde veya fiyat, pozisyon açıldığından beri en düşük kapanış fiyatının üzerine çıktığında işlemi kapatır. Lütfen Dikkat, bu strateji veya herhangi bir strateji izole bir şekilde kullanılmamalıdır. Tüm bu çalışmalar eğitsel amaçlıdır. Yatırım tavsiyesi içermez. This script defines a trading strategy based on Simple Moving Average (SMA) and the Relative Strength Index (RSI) indicators. Here's an overview of how it works, along with its strengths and weaknesses, and how to trade using this strategy: How it works: The strategy involves two key inputs: SMA and RSI. The SMA length is set to 200, and the RSI length is set to 14. These values can be adjusted based on user preferences or back-testing results. The strategy generates a short signal when two conditions are met: The RSI value crosses over a defined entry level (set at 51 here), and the closing price is below the SMA value. When a short signal is generated, the strategy opens a short position. The strategy closes the short position under three conditions: If the close price is greater than the trailing stop (which is set as the lowest close since the position opened), if the RSI value exceeds a defined stop level (54 in this case), or if the RSI value drops below a certain take-profit level (32 in this case). Strengths: The use of two different indicators (SMA and RSI) can provide a more robust signal than using just one. The strategy includes a trailing stop, which can help to protect profits and limit losses as the price fluctuates. The script is straightforward and relatively easy to understand and modify. Weaknesses: The strategy doesn't consider other potentially important factors, such as volume, volatility, or broader market trends. The specific parameters for the RSI levels and SMA length are hard-coded, and may not be optimal for all market conditions or timeframes. The strategy is very simplistic. It doesn't take into account the cost of trading (like slippage or commissions), which can significantly impact trading performance. How to trade with this strategy: The strategy is designed for short trades. It enters a trade when the RSI crosses above 51 and the closing price is below the 200-period SMA. It will exit the trade when the RSI goes above 54 or falls below 32, or when the price rises above the lowest closing price since the position was opened. Please note, this strategy or any strategy should not be used in isolation. It's important to consider other aspects of trading such as risk management, capital allocation, and combining different strategies to diversify. Back-testing the strategy on historical data and demo trading before going live is also a recommended practice.

D-Bot Alpha RSI Breakout Strategy Hello dear Traders, Here is a simple yet effective strategy to use, for best profit higher time frame, such as daily. Structure of the code The code defines inputs for SMA (simple moving average) length, RSI (relative strength index) length, RSI entry level, RSI stop loss level, and RSI take profit level. The default values of these variables can be customized as per the user's preferences. The script calculates SMA and RSI based on the input parameters and the closing price of the asset. Trading logic This strategy allows the placement of a long position when: The RSI crosses above the RSI entry level and The close price is above the SMA value. After entering a long position, it applies a trailing stop mechanism. The stop price is updated to the close price if the close price is lower than the last close price. The script closes the long position when: RSI falls below the stop loss level. RSI reaches or exceeds the take profit level. If the trailing stop is activated (once RSI reaches or exceeds the take profit level), the closing price falls below the trailing stop level. Strengths The strategy includes mechanisms for entering a position, taking profit, and stopping losses, which are fundamental aspects of a trading strategy. It applies a trailing stop mechanism that allows to capture further gains if the price keeps increasing while protecting from losses if the price starts to decrease. Weaknesses This strategy only contemplates long positions. Depending on the market situation, the strategy may miss opportunities for short selling when the market is on a downward trend. The choice of the fixed RSI entry, stop loss, and take profit levels may not be ideal for all market conditions or assets. It might benefit from a more adaptive mechanism that adjusts these levels according to market volatility or trend. The strategy doesn't factor in trading costs (such as spread or commission), which could have a significant impact on the net profit, especially if the user is trading with a high frequency or in a low liquidity market. How to trade with this strategy Given these parameters and the strategy outlined by the code, the trader would enter a long position when the RSI crosses above the RSI entry level (default 34) and the closing price is above the SMA value (SMA calculated with default period of 200). The trader would exit the position when either the RSI falls below the RSI stop loss level (default 30), or RSI rises above the RSI take profit level (default 50), or when the trailing stop is hit. Remember "The strategies I have prepared are entirely for educational purposes and should not be considered as investment advice. Support your trades using other tools. Wishing everyone profitable trades..."

RSI, SRSI, MACD and DMI cross - Open source code Hello, I'm a passionate trader who has spent years studying technical analysis and exploring different trading strategies. Through my research, I've come to realize that certain indicators are essential tools for conducting accurate market analysis and identifying profitable trading opportunities. In particular, I've found that the RSI, SRSI, MACD cross, and Di cross indicators are crucial for my trading success. Detailed explanation: The RSI is a momentum indicator that measures the strength of price movements. It is calculated by comparing the average of gains and losses over a certain period of time. In this indicator, the RSI is calculated based on the close price with a length of 14 periods. The Stochastic RSI is a combination of the Stochastic Oscillator and the RSI. It is used to identify overbought and oversold conditions of the market. In this indicator, the Stochastic RSI is calculated based on the RSI with a length of 14 periods. The MACD is a trend-following momentum indicator that shows the relationship between two moving averages of prices. It consists of two lines, the MACD line and the signal line, which are used to generate buy and sell signals. In this indicator, the MACD is calculated based on the close price with fast and slow lengths of 12 and 26 periods, respectively, and a signal length of 9 periods. The DMI is a trend-following indicator that measures the strength of directional movement in the market. It consists of three lines, the Positive Directional Indicator (+DI), the Negative Directional Indicator (-DI), and the Average Directional Index (ADX), which are used to generate buy and sell signals. In this indicator, the DMI is calculated with a length of 14 periods and an ADX smoothing of 14 periods. The indicator generates buy signals when certain conditions are met for each of these indicators. 1) For the RSI, a buy signal is generated when the RSI is below or equal to 35 and the Stochastic RSI %K is below or equal to 15, or when the RSI is below or equal to 28 the Stochastic RSI %K is below or equal to 15 or when the RSI is below or equal to 25 and the Stochastic RSI %K is below or equal to 10 or when the RSI is below or equal to 28. 2) For the MACD, a buy signal is generated when the MACD line is below 0, there is a change in the histogram from negative to positive, the MACD line and histogram are negative in the previous period, and the current histogram value is greater than 0. 3) For the DMI, a buy signal is generated when the Positive Directional Indicator (+DI) crosses above the Negative Directional Indicator (-DI), and the -DI is less than the +DI. The indicator generates sell signals when certain conditions are met for each of these indicators: 1) For the RSI, a sell signal is generated when the RSI is above or equal to 75 and the Stochastic RSI %K is above or equal to 85, or when the RSI is above or equal to 80 and the Stochastic RSI %K is above or equal to 85, or when the RSI is above or equal to 85 and the Stochastic RSI %K is above or equal to 90 or when the RSI is above or equal to 82. 2)For the MACD, a sell signal is generated when the MACD line is above 0, there is a change in the histogram from positive to negative, the MACD line and histogram are positive in the previous period, and the current histogram value is less than the previous histogram value. On the other hand, a buy signal is generated when the MACD line is below 0, there is a change in the histogram from negative to positive, the MACD line and histogram are negative in the previous period, and the current histogram value is greater than the previous histogram value. 3)For the DMI a bearish signal is generated when plusDI crosses above minusDI, indicating that bulls are losing strength and bears are taking control. The indicator uses a combination of these four indicators to generate potential buy and sell signals. The buy signals are generated when RSI and SRSI values are in oversold conditions, while sell signals are generated when RSI and SRSI values are in overbought conditions. The indicator also uses MACD crossovers and DMI crossovers to generate additional buy and sell signals. When a signal is strong? The use of multiple signals within a specific timeframe can increase the accuracy and reliability of the signals generated by this indicator. It is recommended to look for at least two signals within a range of 5-8 candles in order to increase the probability of a successful trade. Why it's original? 1) There is no indicator in the library that combine all of these indicators and give you a 360 view 2)The combination of the RSI, Stochastic RSI, MACD, and DMI indicators in a single script it's unique and not available in the libray. 3)The specific parameters and conditions used to calculate the signals may be unique and not found in other scripts or libraries. 4)The use of plotshape() to plot the signals as shapes on the chart may be unique compared to other scripts that simply plot lines or bars to indicate signals. 5)The use of alertcondition() to trigger alerts based on the signals may be unique compared to other scripts that do not have custom alert functionality. Keep attention! It is important to note that no trading indicator or strategy is foolproof, and there is always a risk of losses in trading. While this indicator may provide useful information for making conclusions, it should not be used as the sole basis for making trading decisions. Traders should always use proper risk management techniques and consider multiple factors when making trading decisions. Support me:) If you find this new indicator helpful in your trading analysis, I would greatly appreciate your support! Please consider giving it a like, leaving feedback, or sharing it with your trading network. Your engagement will not only help me improve this tool but will also help other traders discover it and benefit from its features. Thank you for your support!

Bollinger Band Alert with RSI Filter Indicator This code is for a technical analysis indicator called Bollinger Band Alert with RSI Filter. It uses two tools: Bollinger Bands and Relative Strength Index (RSI) to identify potential trading signals in the market. Bollinger Bands are lines plotted two standard deviations away from a simple moving average of the price of a stock or asset. They help traders determine whether prices are high or low on a relative basis. The RSI is a momentum indicator that measures the strength of recent price changes to evaluate whether an asset is overbought or oversold. The code has some input parameters that a user can change, such as length and multiplier, which are used to calculate the Bollinger Bands, and upper and lower RSI levels to define the overbought and oversold zones. The code then uses if statements to generate alerts if certain conditions are met. The alert condition is triggered if the close price of an asset crosses above or below the upper or lower Bollinger Bands, and if the RSI is either above or below the overbought or oversold threshold levels. Finally, the code generates plots to visualize the Bollinger Bands and displays triangles above or below the bars indicating when to enter a long or short position based on the strategy's criteria.

RSI true swings Relative Strength Index (RSI) is being used by majority of the traders to get benefitted based on the swings. But these swings are hard to Identify. This Indicator uses 4 major factors for finding the potential reversal points: RSI Crossover or crossunder Relative volume Overall volume against the moving average volume Relative closing of the candles Size of the bars Please read Instructions carefully before using this indicator Recommended entry is the OHLC4 of the signal bars. If signal bar is too large, try to enter in the retracement when another signal comes either through indicator or through types of bars when signals comes opposite to the trend, then try to wait for the next signal of same type. This creates a RSI-price divergence in confirmation by volume price action Timeframe can be of your choice Recommended stoploss should be swing highs or lows

RSI Strategy with alerts via TradingConnector to Forex Software part of algotrading is simpler than you think. TradingView is a great place to do this actually. To present it, I'm publishing each of the default strategies you can find in Pinescript editor's "built-in" list with slight modification - I'm only adding 2 lines of code, which will trigger alerts, ready to be forwarded to your broker via TradingConnector and instantly executed there. Alerts added in this script: 12 and 17. How it works: 1. TradingView alert fires. 2. TradingConnector catches it and forwards to MetaTrader4/5 you got from your broker. 3. Trade gets executed inside MetaTrader within 1 second of fired alert. When configuring alert, make sure to select "alert() function calls only" in CreateAlert popup. One alert per ticker is required. Adding stop-loss, take-profit, trailing-stop, break-even or executing pending orders is also possible. These topics have been covered in other example posts. This routing works for Forex, indices, stocks, crypto - anything your broker offers via their MetaTrader4 or 5. Disclaimer: This concept is presented for educational purposes only. Profitable results of trading this strategy are not guaranteed even if the backtest suggests so. By no means this post can be considered a trading advice. You trade at your own risk. If you are thinking to execute this particular strategy, make sure to find the instrument, settings and timeframe which you like most. You can do this by your own research only.

RSI Trend Indicator [paRSI]The Relative Strength Index ( RSI ) is a measurement used by traders to assess the price momentum. It is scaled from 0 to 100. when RSI reads below 30, it is usually interpreted as oversold and when RSI is above 70 it is usually interpreted as overbought. However, it is usually not profitable to trade based on overbought and oversold signal. RSI Trend Indicator or as I like to call it "paRSI" ("Parsa (my name) + RSI") shows that when RSI is above a specific number (default value = 60) it indicates bullish trend and when RSI is below a specific number (default value = 40 ) it indicates bearish trend. Lastly when RSI is below the 2 specified numbers it indicates a neutral trend. I don't recommend trading based on this single indicator. If you're a trend trader this might be useful tool in addition to your own strategy Usage: If the created pattern has worked previously on the chart, you could enter on the first stages of the green or red section (depending on the market's trend). It is not recommended to trade in any direction when there is no color *THIS IS A TREND FOLLOWING STRATEGY AND DOES NOT WORK ON ALL MARKETS*

RSI with Self-Adjusting Linear Regression Bands (Expo)RSI with Self-Adjusting Linear Regression Bands (Expo) makes use of RSI and Linear Regression to create an RSI that follows the current trend. The indicator has an upper and lower self-adjusting Linear Regression Band that act as RSI boundaries. HOW TO USE The indicator can be used in multiple ways, for instance, to find overbought and oversold areas. Or to identify trends as well as pullbacks in trends. INDICATOR IN ACTION This indicator is a modification of RafaelZioni's work "Linear Regression Trend bands" Credit to: RafaelZioni I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks! I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments! ----------------- Disclaimer Copyright by Zeiierman. The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My scripts/indicators/ideas are only for educational purposes!