This strategy is based on the Indicator below and includes all of its features. This version Includes the Strategy tester and a dynamic SL The only drawdown of this version is that Alerts are not as customizable Ultimate Bullish Divergence for RSI OBV RVSI MFI w/ Buy Alerts
This Indicator detects Divergence based on multiple Pivot points instead of just one. - You can detect divergence on these Oscillators: - RSI, RVSI, MFI, TRIX RSI, OBV and more soon You can detect bullish and hidden bullish divergence: - bullish divergence: Oscillator makes a higher low while price is making a lower low - hidden bullish divergence:...
I have been trying for several months to get a script to work on the 1min and this one gives some good backtest results. This script will also work on higher timeframes however, I've not extensively tested on higher timeframes. My aim was to get results on about 20 crypto coins then run the 1min bots in parallel looking for small frequent profits across all the...
RVSI Indicator with multiple stepwise plot lines for deeper trend analysis.
This indicator colors the background in vertical (green/red) stripes to indicate if the current trend is possibly bull / bear A region where the background is not colored indicates that the present trend can not be identified The algo combines the RVSI (Relative Volume Strength Index {ref fract} ) and the MACD The Relative Volume Strength Index has been...
RVSI is an alternative volume-based indicator that measures the rate of change of average OBV. How to read a chart using it? First signal to buy is when you see RVSI is close to green oversold levels. Once RVSI passes above it's orange EMA, that would be the second alert of accumulation. Be always cautious when it reaches 50 level as a random...