Bollinger Band + RSI + ADX + MACD + HeikinashiThis script takes into picture Bollinger Bands, RSI with a comparator value, ADX with a comparator value, and MACD with Heikinashi Direction
THIS IS A LONG-ONLY STRATEGY. SHORT TRADES ARE NOT INCLUDED
Strategy:
The Strategy takes a trade only after ALL the following conditions are met.
Candle low is lower than the Bollinger Lower band
RSI is higher than the comparator value
ADX is higher than the comparator value
MACD value is higher than the Signal value
Stop Loss : Max of (Low of the candle - 0.22% and Close of the candle - 0.32%) - FYI, because its max, it's lower of the 2 and your risk is lesser
Target : Max of (Bollinger Band Upper band and 0.75% of the value of underlying) - FYI, it takes the maximum available
Relative Strength Index (RSI)
RSI Over EMA Trend SniperThis is an indicator that uses horizontal EMA lines with a RSI line on top of it to provide optimal entry and exit positions for trading crypto.
How to use:
If the Aqua(RSI) line passes upwards on the red heading to the white - it's heading towards a good BUY signal. To be safe you wait until it passes above the white line, then BUY LONG. Another signal to buy long is when the Aqua line passes above the white and green lines.
Selling is essentially the opposite, if the Aqua line is passing down from the green or white lines, then it's time to sell and exit your trade.
This indicator works well as a confirmation, and it's nice to have multiple confirmations, so it's suggested you use this with other indicators that can provide entry and exit confirmations.
Momentum Trader + Trinity LinesThis is an updated version of the 'Momentum Trader' by user ProfitProgrammers + the 'Bollinger Bands %b & RSI & Stochastic Smoothed Indicator & Alert' by the user Zamboniman.
Links to those original scripts are below:
script/7S49kLWh-Bollinger-Bands-b-RSI-Stochastic-Smoothed-Indicator-Alert/
script/OMULR9es-Momentum-Trader/
The only real updates are so that it works on Version 4 of pinescript and some color and visual updates that makes these two scripts work well together. This must be used on normal candles and not HA or any other types or you can get misleading entry / exit points.
Here is some info about this indicator and the moving parts within it:
Chande Momentum Oscillator:
-Measures trend strength, with higher absolute values meaning greater strength.
-Also tracks divergence. When price increases, but is not accompanied by an increase in Chande Momentum Oscillator values, it signifies bearish divergence and a reversal is likely to follow.
-Shown as the teal and pink histogram.
Percentage Price Oscillator:
-Similar to the MACD , except that it expresses the difference between the two moving averages in terms of a percentage. This makes it a little easier to visualize.
-PPO values greater than zero indicate an uptrend, as that means the fast EMA is greater than the slow (and vice versa).
Trinity Lines:
-These 3 colored lines at the top are RSI + normalized Bollinger Band &b + normalized smoothed Stochastic.
-A confirmation entry for a long is when the lines are in the order from top to bottom of Green Yellow Red.
Entry and Exit Conditions:
Enter When:
1) Chande Momentum crosses over zero from negative to positive territory. AND
2) Chande Momentum is rising(positive slope). AND
3) Trinity lines are Green, Yellow, Red (Top to bottom)
Exit When:
1) Chande Momentum is greater than the upper line. AND
2) PPO has a negative slope. AND
3) Trinity lines are Red, Yellow, Green (Top to bottom)
[GJ]IFRSITHE INVERSE FISHER TRANSFORM STOCH RSI
HOW IT WORKS
This indicator uses the inverse fisher transform on the stoch RSI for clear buying and selling signals. The stoch rsi is used to limit it in the range of 0 and 100. We subtract 50 from this to get it into the range of -50 to +50 and multiply by .1 to get it in the range of -5 to +5. We then use the 9 period weighted MA to remove some "random" trade signals before we finally use the inverse fisher transform to get the output between -1 and +1
HOW TO USE
Buy when the indicator crosses over –0.5 or crosses over +0.5 if it has not previously crossed over –0.5.
Sell when the indicator crosses under +0.5 or crosses under –0.5 if it has not previously crossed under +0.5.
We can see multiple examples of good buy and sell signals from this indicator on the attached chart for QCOM. Let me know if you have any suggestions or thoughts!
TSI (Trend Strong Index) I use LazyBear's WT_cross indicator to confirm signal. I thing your should use this indicator with Divergence or Fibonacci to open order.
RSI Divergence (chiefwils0n)Greetings All,
This simple indicator is a stylistic modification of the original TradingView Divergence indicator. I've enhanced the following:
Styles
RSI will turn RED when overbought and CYAN when oversold. CYAN presents an LONG opportunity, while RED is where I look for SHORT entries.
Added background color to the the Oversold/Mid-Level and Overbought/Mid-Level. The idea is to go LONG when RSI is in the GREEN channel, and consider closing your position when RSI is the RED channel. Or, SHORT in the RED, and close your position in the GREEN.
Hidden Divergences are styled with muted colors. Maroon is Hidden Bearish and Dark Green is Hidden Bullish.
Regular Divergences have brighter labels with Red (Bearish) and Lime (Bullish). My logic is to bring attention to these divergences, since they are stronger than hidden divergences.
Alerts:
I also added the following alerts:
Bullish Divergence
Hidden Bullish Divergence
Bearish Divergence
Hidden Bearish Divergence
RSI Overbought
RSI Oversold'
The alerts really distinguish this script for me. I hope you enjoy.
Happy Trading!
Heikin Ashi RSI OscillatorIntroducing HARSI - the RSI based Heikin Ashi candle oscillator.
...that's right, you read it correctly. This is Heikin Ashi candles in an oscillator
format derived from RSI calculations, aimed at smoothing out some of the
inherent noise seen with standard RSI indicators.
Science!
We likes it we does.
Included plot options for standard RSI plot overlay, and a smoothed variant with
it's own seperate length from the candles, oh and histogram option, for reasons.
Articles and further reading:
investopedia.com - RSI
investopedia.com - Heikin Ashi
This is a REALTIME indicator, so any values used for conditions should use
history 1, or alternatively, alerts should be called using once-per-bar-close.
RSI Simple and Smoothmade this RSI for beginners who are annoyed by the jittery signals. Uses a HMA to smooth out the data. I made oversold line green and overbought line red where as the oscillator is green above 50 and red when below 50. This is done intentionally. This is to help remind the user that while there is a downtrend, there is a buy opportunity, and while there is a buy opportunity - there is a downtrend
On the other side, the red overbought line is to remind the user that while there is an uptrend, there is a sell opportunity, and while there is a sell opportunity - there is an uptrend :)
Ehlers Laguerre Relative Strength Index [CC]The Laguerre Relative Strength Index was created by John Ehlers and this is essentially his version of the RSI but I find that the buy and sell signals work better with his version as you can see. Buy when the line turns green and sell when the line turns red.
Let me know if there are any other indicators you want me to publish!
Cappuccino IndicatorThis is a indicator I built on the basis of RSI and price action.
It is the Cappuccino-Indicator. It calculates back the estimated price based on RSI with some optional filters and gives signals for buy and sell.
it works as follows:
- the current RSI value is calculated back to a estiamated market price
- shoutout to some developers who made some functions possible, this was a long work, I cannot find Your sources anymore, I'm sorry. Text me I will publish Your credits. You are awesome and I respect Your work.
- The principle is simple. as suggested by RSI Rookies the market is bullish when in certain RSI Levels, and bearish when in other
- This indicator also combines some trend channels for easier spotting good entries
- The Cappuccino Indicator tries to keep you in a trade as long as possible
- It uses ATR based Trailing SL for you to not get rekt
- It is just a piece of software, You're trading on Your own risk
Have fun.
ESI (Exponential Strength Index) & SSI (Simple Strength Index)1.Exponential Strength Index (ESI) & Relative Strength Index (RSI) cross above Simple Strength Index (SSI) is buy signal and sell is below. Confirm with level
2.Use divergence confirm signal buy and sell with first method
Crypto Tripple RSIGives an ability to compare 3 RSIs:
current altcoin + BTC (e.g. ADABTC) - green by default
current pair (e.g. ADAUSDT) - blue by default
BTC (e.g. BTCUSDT) - yellow by default
It helps to understand the cause of price change - whether BTC provokes price change or not. Also it shows performance of an altcoin - the bigger gaps between RSIs, the stronger (RSI of BTC is on the bottom)/ weaker (RSI of BTC is on the top) altcoin is.
[SerDarK] SMA RSI Engulfing BarENG: This indicator includes the SMA line colored according to the price position, the RSI to identify the bearish or the bullish points, the Engulfing bars, the clock and the information panel showing the countdown to the candle closing.
SMA: default period is set to 50. It can change from the settings.
Definition of SMA line default colors: When the price is below the SMA line, its color is blue. It is green when the price is above the SMA line. It is yellow in RSI alerts and when the price hits the SMA line.
RSI: default period 14 is set. It can be changed in the settings.
🔨 Hammer Emoji: RSI is located at the overbought turnaround point. This sign does not mean that the trend will definitely return.
🚀Rocket Emoji: Tries to catch the "RSI oversold point turn".This sign does not mean that the trend will definitely return.
↗️↘️Up and Down arrows emojis. After the price crosses the SMA line, it indicates that it is closing a candle in that direction.
Engulfing candles: bullish engulfing candle is blue color. Bear engulfing candle is black in color.colors can be changed in settings.
Note that this indicator is only an indicator. It does not give advice on buying or selling.
Enjoy
TUR: Bu indikatör, fiyat konumuna göre renklendirilmiş SMA çizgisi, RSI ile düşüş veya yükseliş noktalarını belirleme, Engulfing (Yutan) barlar , saat ve mum kapanışı için geri sayım gösteren bilgi paneli içermektedir.
SMA: varsayılan periyodu 50 ayarlıdır. Ayarlardan değiştirebilir.
SMA çizgisi varsayılan renklerinin tanımı: Fiyat SMA çizgisi altında iken rengi mavidir. Fiyat SMA çizgisi üstünde iken yeşildir. RSI uyarılarında ve fiyat SMA çizgisine temas ettiğinde sarı renktedir.
RSI: varsayılan periyodu 14 ayarlanmıştır. Ayarlardan değiştirilebilir.
🔨 Çekiç Emojisi: RSI aşırı alım dönüş noktasında bulunur. Bu işaret trendin kesin döneceği anlamına gelmez.
🚀Roket Emojisi: "RSI aşırı satım noktası dönüşünü "yakalamaya çalışır. Bu işaret trendin kesin döneceği anlamına gelmez.
↗️↘️Yukarı ve Aşağı yönlü okl emojileri. Fiyat SMA çizgisini kestikten sonra, o yönde mum kapattığını gösterir.
Engulfing mumları: bullish engulfing (yutan boğa) mumu mavi renktir. Bear engulfing (yutan ayı) mumu siyah renktir. Renkler ayarlardan değiştirilebilir.
Not: Bu indikatörün yalnızca gösterge olduğunu unutmayın. Alma satma tavsiyesi vermez.
Kalan süre etiketi BIST gibi sınırlı süreli sembollerde, gün ve daha üstü periyotlarda doğru çalışmayabiliyor.
[JL] Relative Strength Index HLC OverlayReceive a message for add RSI to overlay = true
I am not a fan for cross-over something so I think it is not worth to move RSI to overlay, but I just got an idea on how to implement it.
So I spent a few minutes to move my RSI-HLC to overlay.
Better watch both overlay =true and false.
EMA+RSI Pump & Drop Swing Sniper (With Alerts)This is using an EMA and RSI with slightly modified settings to give good entry and exit points while looking at Bitcoin. I use this on a 4-hour chart and with other indicators to find good positions to enter a trade or exit if things are turning red.
If you click on the EMA line it will color the bars of the chart based on if they are above or below the EMA - This is just visually helpful for me to see the active trend.
Make sure you hover over or click on the EMA line to see the colors of the candles change - it's not visible by default or without doing this.
[JL] Relative Strength Index HLCTA is about visual arts.
I put both Close and (H+L)/2 on RSI and have more views on market.
How to use:
- Big Green and big Red should be considered.
- Divergence is always a good signal, but may be ensured by others like trend lines.
array coloursWith great gratitude to Tradingview and Pinecoders I give you a simple highest/lowest indicator, inspired by the recent added function:
‘color.rgb (red, green, blue, transp)’
The colour is derived from rsi values
The main goal was to show the use of:
- array.new_color()
- color.rgb()
- color.from_gradient()
Cheers!
Stochastic RVIBased on the Stochastic RSI but uses RVI (Relative Volatility Index) as source. Another great tool for finding market lows and entry points. This oscillator is also good for finding accurate diversions.
+ TRSIHello again.
Here I have an improved version of the RSI that is similar to my "+ %B" indicator (that, an improved version of the %B).
This version of the RSI includes candle coloring for bullish or bearish bias (is the RSI above or below its median line?), as well as candle coloring for overbought and oversold areas. Additionally, there is an option for coloring candles based on the RSI crossing up or down its moving average.
So, that takes us on to the moving average. You have a selection of these, namely: SMA, EMA, DEMA, TEMA, HMA, JMA, LSMA, MF, SMA (the default), TMA, VAMA, and WMA. These are all very different, so play around and choose one that fits your trading style, or whatever it is you're looking for (or even turn it off if you like!).
I've added alerts, so you can be alerted based on wherever the RSI goes. Is it oversold? Did it just cross the median? Did it cross up or down its MA?
I hope you enjoy it!
ROSI (ROC of RSI)This indicator attempts to assert the strength of a swing in the RSI. Mind you, not the price, just the RSI. A spike in ROSI 1.b indicates that the RSI has switched direction and should continue trending up/down. The RSI, not the Price.
Price Acceleration Convergence Divergence V2This is a fork of the previous PACD indicator i made by working out the RSI another two times. it works the exact same but is more leading in trend reversals and divergences.
this indicator plots 4x the RSI of the RSI of the price using the derivatives of RSI. Data is plotted just like the MACD.
points 5 and -5 are very strong support/resistance points and should be very important points to take note of.
use this indicator like the MACD essentially with the assistance of a 4x RSI momentum. enjoy
cRSI + Waves Strategy with VWMA overlay + sessions and order qtyThis is a fork of the cRSI + Waves Strategy with VWMA overlay strategy by Dr_Roboto , which adds two additional features, namely:
the ability to limit trade signals to certain defined periods of time ("Sessions") during the trading day and, optionally, to close any open position at the end of either or both "Sessions"
the ability to control the maximum order size suggested by the strategy on the "Inputs" tab of the strategy's "Settings" window
If you are trading on a daily chart (or longer) you must disable the Limit Signals to Trading Sessions? option in order for the strategy to produce signals.
All other features are identical to the original strategy (revision 2.0).
