Stoch-RSI 4h/1h/15min!!!! Note: Run this on the 15min timeframe (Important) !!!!
Note the default settings on this indicator are best for BTC/USDT. For other pairs it might take some fiddling with variables to get a useful result (if a useful result is obtainable with the selected pair)
Generally, select between the options (RSI/Stoch) and (15min/1hour) and (1hour/4hours) - to find a strategy backtest result that is worth considering.
Only long positions are considered here (I tried shorts but could not get a credible backtest result with this approach).
This is an indicator which looks at RSI and StochRSI on the 15min, 1hour and 4hour timeframe.
The user can select a 15min/1hour option (RSI/Stoch) and then also a 1hour/4hour option (RSI/Stoch).
So there is one selection from a lower (15min/1hour) timeframe and another selection from a longer (1hour/4hour) timeframe.
The general idea is to, consider buying when, the lower timeframe (RSI/Stoch) is going upwards and also the longer timeframe (RSI/Stoch) is going upwards.
A good backtest result would suggest that the confluence in RSI/Stoch over the shorter and longer timeframes can estimate a good time to buy.
(Careful with a 1hour Stoch for the shorter timeframe variable as its possible to also select a 1hour Stoch for the longer timeframe variable.)
There are user set variables that can be set to avoid a buy signal, if either the lower or high timeframe variables are greater than.
For example, buying when a rsi/stoch is >65% might not be advisable as the rsi/stoch is most probably due for a downswing when above this value.
The strategy closes a position when either the shorter or longer timeframe variables no longer are going up.
There is also a take profit % which can be set to exit trades at a given %.
The default values on this indicator tool are for bitcoin, which shows a reasonable backtest result. - worth sharing on tradingview.
Please do get in touch for any additional information/suggestions.
Sincerely,
MoonFlag
Relative Strength Index (RSI)
3 EMA Stochastik RSI ATR SL TP only LONGHey there!
Here i will show you the 3 EMA RSI Stochastic Crossover strategy with an ATR SL and TP.
The strategy works as follows:
For long positions, the EMA's must be in the following order:
The 8 E M A must be above the 14 E M A and the 14 E M A must be above the 50 E M A.
The buy signal is given to us by the Stochastic RSI indicators.
The K line must cross the D line above. The following candle must then close above all E M A's.
The stop loss is determined by three times the value of the ATR.
The take profit is determined by two times the value of the ATR.
In this strategy only long positions are traded.
RSI Div at Daily VWAP StDevMean Reversion indicator based on RSI Divergences at Overbought/Oversold conditions with Price above/below a Standard Deviation from Daily VWAP. Useful for intra-day trading.
Signal criteria:
1. RSI is at Overbought/Oversold
2. RSI Divergence present (not hidden)
3. RSI has not reached Neutral level (i.e. 50)
4. Price has crossed above/below a Standard Deviation from Daily VWAP
Config Options:
- RSI length (default:14)
- Divergence Lookback Period (default:14)
- RSI Oversold/Overbought tresholds (default: 70/30)
- RSI Reset Level (default: 55/45)
- Use VWAP Std Dev (default: yes)
- Standard Deviation from Daily VWAP (default: 1.51)
Use with discretion.
+ True RSIThis is a better, cleaner version (in my opinion) of an part of an indicator I was using that was coded up by cI8DH. I reached out to him about cleaning up the code (things weren't working) for Pinescript v4, but he no longer seems to be active, so I thought I might take it upon myself to at least work out this portion of the indicator.
Much credit goes to him. Below is the indicator that he coded, of which only one part have I made additions to.
So, he calls this the True RSI. I was using it as part of the USI, which I posted above (it's the MA Percent indicator type). To my eyes it's not far different from the standard RSI, so I probably could have just made a version of that, but I like this one, and I was excited to add a few things (like candle coloring, which no longer works with his version!).
So, what's different?
I added two different background fills.
I made the lines types for the extremities and midline more appropriate for the indicator.
I added bullish, bearish, overbought, and oversold candle coloring.
I added a multitude of moving averages as well.
If this looks like my '+ %B' indicator, that is because I basically just moved the MA's and candle coloring code over. One could probably do this with many different indicators.
In the future I will probably add alerts, and maybe MA cross candles as well. Or not. Well, almost certainly alerts. Please enjoy!
INDIGO - SwingTraderThis is a script that uses a couple of other indicators to find good swing trade entry's and exit's. You can choose which signals the script uses to calculate the position of the signals.
It uses the following:
- Stoch RSI
- MACD
- POC
- INDIGO Cloud
Also added are volume candles, acceleration of momentum indicators (triangle) and MACD candles. This way you can see more info to decide if the entry is valid.
I have used a couple of public scripts and tried to give credit to the original creators. If there is any script that hasn't been credited, please contact me.
Feedback is very much appreciated, positive and negative. Also If you have any question, feel free to ask me. I'll try to answer asap.
Enjoy the script :)
Multi Resolution RSIThis is a Multi resolution or multi Time frame RSI.
This indicator is made to see 3 different time frames RSI in a single Band.
User can input all 3 timeframes on input section.
The Highest time RSI is denoted in BLACK color.
The Medium time RSI is denoted in BLUE color.
The Smaller time RSI is denoted in GREEN color.
The overbought and oversold region is 70 and 30.
The best way to trade using this indicator is when Higher and medium RSI is above 60 and lower is below 40.
All in One StrategyTrue improvement over my previous script. This script adds in all of the complementary indicators, makes it truly easy to adjust the inputs, and has produced a real world net gain using the TradingView bots paired with any broker's API that is supported.
It has a selection for which strategy you'd like to use and due to limitations in Pine I cannot program in logic to make sure you only pick one, so you need to make sure you are only picking one.
To tweak the Connors option - it only depends on the RSI length variable, everything else is hard coded and tweaked for Crypto.
To tweak the MACD - play around with the min and max values of the RSI for lookback and the amount of candles to lookback. Then tweak the fast and slow MA lengths. I have found that a fast length of 3 or 4 and a slow length between 6 and 10 will yield the highest gains.
Also, when I was a young Noob I thought using a chart timeframe of 5 minutes was the best...no...no it wasn't. I lost my ass. Don't lose yours. I highly suggest sticking with a 30 minute timeframe, you will minimize losses caused by false triggers, have less trades and higher profits. More is not always better, trades that may sell one day and then buy six days later are normal. Leave it do its magic and you'll be very happy in the end.
Return (Percent Change)This Script displays Regular or Log Returns as either a line or histogram and labels the current bar.
If something other than price is selected as the source, the result is percent change with a positive or negative slope.
If a moving average of price is used as the source, the result is analogous to a strength index
Other options include a look-back period adjustment (the default is 1),
smoothing results by converting to an EMA, and
Bollinger Bands with Length and Standard Deviation inputs.
[KL] Bollinger bands + RSI StrategyThis strategy is based on two of my previous scripts, one called “RSI14 + 10”; the other one called “Bollinger Bands Consolidation”. At its core, it combines the main setups from each of those two scripts but excludes the auxiliary features that were considered as experimental. This strategy will identify periods of squeeze, and then enter long during consolidation with a trailing stop loss set.
Primary indicator will be the Bollinger Bands. By comparing the width of the BBs with the ATR of the same lookback period (i.e. 2 standard deviations of the 20 recent closing prices vs ATR(20) x2), we begin to look for confirmation for entry whenever the standard deviation of prices is less than the ATR. This can be seen visually in the plots (i.e. default gray lines representing ATRx2 relative to BB center line).
Confirmation for entry will be the RSIs (slow-14, and fast-10). If both are upward sloping, then we assume prices are in an uptrend and may eventually break above upper band. RSIs are typically in mid-range when prices are consolidating, therefore no need to measure it.
Exits will happen in two cases, (1) when trailing stop loss hits, or (2) when RSIs signal that the instrument is overbought. No. 1 is self-explanatory. No. 2 happens, when RSI14 reaches above 70 (can be changed), followed by RSI10 catching up and surpassing RSI14.
MACD, RSI, & RVOL Strategy
This strategy combines the use of MACD (12, 26, 9), RSI (14, 30, 70), and RVOL (14) to create Long Buy and Sell signals. This works well with many different time intervals but was developed with 15-minute intervals in mind.
Using MACD as a reference, the strategy identifies when the MACD line crosses over (a factor in a buy signal) and under (a factor in a Sell signal) the Signal line. This shows a shift in positive (cross over) and negative (cross under) of a security.
Using the Relative Strength Index ( RSI ) as an indicator, the strategy notices when the velocity and magnitude of the directional price movements cross over the Oversold signal (30) and crosses under the Overbought signal (70) as a factor in creating a Buy and Sell signal.
Using Relative Volume (RVOL) as an indicator, the strategy calculates when the current volume has crossed over the 2x average volume indicator over a given period and is then used as a factor in creating a Buy signal. RVOL is also used when the change in volume crosses under a set RVOL number (in this strategy, it is set to a RVOL of 5).
RVOL = Current Volume / Average Volume over a certain period
This strategy indicates a Buy signal when 2/3 conditions are met:
- RSI Cross Over the Over Sold signal (default 30)
- MACD Cross Over of Signal ( MACD > Signal)
- RVOL Cross Over of 2 (RVOL > 2)
This strategy indicates a Sell signal when 2/3 conditions are met:
- RSI Cross Under the Over Bought signal (default 70)
- MACD Cross Under of Signal ( MACD < Signal)
- RVOL Cross Under 5 (RVOL < 5)
Enjoy and leave feedback!
Hilega-MilegaPublishing this script on special request.
script siulates the strategy given by very polite and veteran trader from Patna ( NK Stock Talk ) . according to him, one can predict the market movement in any timeframe by applying some correlations of volume and price on top of strength.
He recommends to apply weighted moving avergage ( to predict volume factor ) on top of RSI and EMA to predict price ( on top of RSI again ) along with VWAP . i could not include VWAP here in script but it can be added separatly by just striking "/" on chart.
for more information and understanding on the strategy, one can refer the channel of NK Stock talk
search "Hilega To Milega (Hilbe_milbe ) Trading & Investing super System" on youtube.
Hopefully this will be usefull for all those who are using basic serverice of trading view and could not do indicator on top of indicator.
Disclaimer : I am just publishing for public use and nothing is recommendation. please understand it first before applying to trading. purpose of this script is solely on giving example how pine can be used to solved indicator on indicator problems. all credit to person who created this strategy.
Thanks
-daytraderph
Linear RSIThis is an attempt to create a strategy based on the previous post. The strategy, as before, is based on the RSI, which is calculated using linear regression, but with the addition of EMA. The crossing of EMA and RSI is a buy and sell signal. There are also two functions to buy (because I haven't decided which is really better), so please use checkbox to order which one you would like to use.
Linreg RSIThis oscillator is based on RSI combined with linear regression. The calculation of RSI is based on the linear regression value, not on simple "src" as usual. Otherwise, everything remains as usual: overbought and oversold values (which are painted in green and red).
Fibodex TrapFibodex Trap indicator
this indicator designed by the Fibodex team
you will receive dump and bump singles buy using this indicator
also, you will receive buy and sell signals
indeed by using our indicator you won't need many technical analyses
The accuracy of the indicator with the correct settings is estimated to be more than 70%
also, we are trying to improve it to make it more accurate
notice that this indicator should be used as a secondary tool
By using this indicator, you also accept the risk of using it.
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اندیکاتور تله توسط مجموعه فیبودکس ایده پردازی و کد نویسی شده است.
شما با این اندیکاتور قادر خواهید بود تا سیگنال های پامپ و دامپ و همچنین خرید و فروش را دریافت نمایید.
دقت اندیکاتور با تنظیمات صحیح بیش از 70 درصد تخمین زده شده است که مجموعه فیبودکس در جهت بهبود و افزایش دقت آن تلاش خواهد کرد.
به یاد داشته باشید که از این اندیکاتور به عنوان کمکی و دریافت تاییده کمک بگیرید .
شما با استفاده از این اندیکاتور ریسک استفاده از آن را هم می پذیرید
Relative StrengthRelative Strength Colored
This script plots Relative strength Compared to TSLA Index.
You can change it to your requirement .
