RSI-Colored Price Candles with BackgroundThis Pine Script indicator visually enhances price candles based on **RSI (Relative Strength Index)** behavior, helping traders quickly assess momentum directly on the price chart.
**RSI Calculation:**
The RSI is computed using a traditional 14-period lookback. It uses `ta.rma()` to smooth average gains and losses, and then transforms the result into an RSI value between 0 and 100. This value is used to determine both **candle color** and optional **background shading**.
**Candle Coloring:**
Each price candle is recolored based on the current RSI value:
- If RSI is **greater than or equal to 50**, the candle is **bright green**, indicating bullish momentum.
- If RSI is **less than 50**, the candle is **bright red**, indicating bearish momentum.
The actual OHLC values of the candles remain unchanged. Only their color is modified to reflect RSI strength.
**Optional Background Highlighting:**
A user setting called `Show Overbought/Oversold Background` lets traders toggle background shading on or off. When enabled:
- If RSI is **above 70**, a soft **green** background appears, signaling overbought conditions.
- If RSI is **below 30**, a soft **red** background appears, signaling oversold conditions.
This provides an intuitive visual cue that highlights potential reversal or exhaustion zones based on RSI extremes.
**Custom Settings:**
- The RSI length and source are customizable.
- Background highlighting is turned **off by default**, giving users a clean chart unless they choose to enable it.
**Purpose and Use:**
This script is designed for traders who want to visually integrate RSI momentum directly into their chart candles, reducing the need to look away from price action. It's clean, responsive, and adjustable — perfect for intraday or swing traders who value simplicity backed by momentum data.
Relative Strength Index (RSI)
Crypto Futures Day Trading StrategySummary of the Strategy
Chart: 15-minute
Buy Signal:
5 SMA > 20 SMA
RSI < 70
Price not above upper BB
Sell Signal:
5 SMA < 20 SMA
RSI > 30
Price not below lower BB
Stop-Loss: 2 ATR from entry
Take-Profit: 4 ATR from entry
Risk: 1% of account per trade
MACD + RSI + 200EMA Filtered SignalsMACD HAS RSI filter and EMA filter which gives good buy and sell signals.
Several indicators combine Moving Average Convergence Divergence (MACD) with Relative Strength Index (RSI) and Exponential Moving Average (EMA) filters to generate potential buy and sell signals . These enhanced indicators use the EMA to filter signals based on the trend, only considering buy signals when the price is above the EMA and sell signals when it's below . The RSI helps identify overbought and oversold conditions, improving the accuracy of trade entries .
Highest High Line with Multi-Timeframe Supertrend and RSIOverview:
This powerful indicator combines three essential elements for traders:
Highest High Line – Tracks the highest price over a customizable lookback period across different timeframes.
Multi-Timeframe Supertrend – Displays Supertrend values and trend directions for multiple timeframes simultaneously.
Relative Strength Index (RSI) – Shows RSI values across different timeframes for momentum analysis.
Features:
✅ Customizable Highest High Line:
Selectable timeframes: Daily, Weekly, Monthly, Quarterly, Yearly
Adjustable lookback period
✅ Multi-Timeframe Supertrend:
Supports 1min, 5min, 10min, 15min, 30min, 1H, Daily, Weekly, Monthly, Quarterly, Yearly
ATR-based calculation with configurable ATR period and multiplier
Identifies bullish (green) & bearish (red) trends
✅ Multi-Timeframe RSI:
Calculates RSI for the same timeframes as Supertrend
Overbought (≥70) and Oversold (≤30) signals with color coding
✅ Comprehensive Table Display:
A clean, structured table in the bottom-right corner
Displays Supertrend direction, value, and RSI for all timeframes
Helps traders quickly assess trend and momentum alignment
How to Use:
Use the Highest High Line to identify key resistance zones.
Confirm trend direction with Multi-Timeframe Supertrend.
Check RSI values to avoid overbought/oversold conditions before entering trades.
Align multiple timeframes for stronger confirmation of trend shifts.
Ideal For:
✅ Scalpers (lower timeframes: 1m–30m)
✅ Swing Traders (higher timeframes: 1H–D)
✅ Position Traders (Weekly, Monthly, Quarterly)
💡 Tip: Look for Supertrend & RSI confluence across multiple timeframes for higher probability setups.
Custom RSI with Wilders SmoothingOnly a small modification. You can also use the Wilder-Smoothing-Average. More suitable for volatile Crypto-Token.
Multi-Indicator Trading DashboardMulti-Indicator Trading Dashboard: Comprehensive Analysis and Actionable Signals
This Pine Script indicator, "Multi-Indicator Trading Dashboard," provides a comprehensive overview of key market indicators and generates actionable trading signals, all presented in a clear, easy-to-read table format on your TradingView chart.
Key Features:
Real-time Indicator Analysis: The dashboard displays real-time values and signals for:
RSI (Relative Strength Index): Tracks overbought and oversold conditions.
MACD (Moving Average Convergence Divergence): Identifies trend changes and momentum.
ADX (Average Directional Index): Measures trend strength.
Volatility (ATR-based): Estimates volatility as a percentage, acting as a VIX proxy for single-symbol charts.
Trend Determination: Analyzes 20, 50, and 200-period EMAs to provide a clear trend assessment (Strong Bullish, Cautious Bullish, Cautious Bearish, Strong Bearish).
Combined Trading Signals: Integrates signals from RSI, MACD, ADX, and trend analysis to generate a combined "Buy," "Sell," or "Neutral" action signal.
User-Friendly Table Display: Presents all information in a neatly organized table, positioned at the top-right of your chart.
Visual Chart Overlays: Plots 20, 50, and 200-period EMAs directly on the chart for visual trend confirmation.
Background Color Alerts: Colors the chart's background based on the "Buy" or "Sell" action signal for quick visual cues.
Customizable Inputs: Allows you to adjust key parameters like RSI lengths, MACD settings, ADX thresholds, and EMA periods.
How It Works:
Indicator Calculations: The script calculates RSI, MACD, ADX, and a volatility proxy (ATR) using standard Pine Script functions.
Trend Analysis: It compares 20, 50, and 200-period EMAs to determine the overall trend direction.
Individual Signal Generation: It generates individual "Buy," "Sell," or "Neutral" signals based on RSI, MACD, and ADX values.
Combined Signal Logic: It combines the individual signals and trend analysis, assigning a "Buy" or "Sell" action only when at least two indicators align.
Table Display: It creates a table and populates it with the calculated values, signals, and trend information.
Chart Overlays: It plots the EMAs on the chart and colors the background based on the combined action signal.
Use Cases:
Quick Market Overview: Get a snapshot of key market indicators and trend direction at a glance.
Confirmation Tool: Use the combined signals to confirm your existing trading strategies.
Educational Purpose: Learn how different indicators interact and influence trading decisions.
Automated Alerting: Set up alerts based on the "Buy" or "Sell" action signals.
Customization:
Adjust the input parameters to fine-tune the indicator's sensitivity to your trading style and the specific market you're analyzing.
Disclaimer:
This indicator is for informational and educational purposes only and should not be considered financial advice. Always conduct thorough research and consult with 1 a qualified professional before making any 2 trading decisions.
RSI + EMA 50 Strategy//@version=5
indicator("RSI + EMA 50 Strategy", overlay=true)
// إعدادات RSI و EMA
rsi_length = 14
ema_length = 50
rsi_level = 50
// حساب المؤشرات
rsi = ta.rsi(close, rsi_length)
ema50 = ta.ema(close, ema_length)
// شروط الدخول شراء: RSI يخترق 50 صعودًا + السعر يخترق EMA 50 صعودًا
buy_signal = ta.crossover(rsi, rsi_level) and ta.crossover(close, ema50)
// شروط الدخول بيع: RSI يخترق 50 هبوطًا + السعر يخترق EMA 50 هبوطًا
sell_signal = ta.crossunder(rsi, rsi_level) and ta.crossunder(close, ema50)
// رسم إشارات الدخول على الرسم البياني
plotshape(series=buy_signal, location=location.belowbar, color=color.green, style=shape.labelup, size=size.small, title="إشارة شراء")
plotshape(series=sell_signal, location=location.abovebar, color=color.red, style=shape.labeldown, size=size.small, title="إشارة بيع")
// تنبيهات عند تحقق الإشارات
alertcondition(buy_signal, title="تنبيه شراء", message="إشارة شراء: RSI اخترق 50 صعودًا + السعر اخترق EMA 50 صعودًا")
alertcondition(sell_signal, title="تنبيه بيع", message="إشارة بيع: RSI اخترق 50 هبوطًا + السعر اخترق EMA 50 هبوطًا")
My script//@version=5
strategy("Divergence RSI Strategy", overlay=true)
// تنظیمات RSI
rsiLength = 14
rsiOverbought = 70
rsiOversold = 30
rsi = ta.rsi(close, rsiLength)
// واگرایی مثبت (قیمت کف پایینتر و RSI کف بالاتر)
bullishDivergence = ta.lowest(close, 5) < ta.lowest(close , 5) and ta.lowest(rsi, 5) > ta.lowest(rsi , 5)
// واگرایی منفی (قیمت سقف بالاتر و RSI سقف پایینتر)
bearishDivergence = ta.highest(close, 5) > ta.highest(close , 5) and ta.highest(rsi, 5) < ta.highest(rsi , 5)
// رسم سیگنال خرید و فروش
plotshape(series=bullishDivergence, location=location.belowbar, color=color.green, style=shape.labelup, title="BUY Signal")
plotshape(series=bearishDivergence, location=location.abovebar, color=color.red, style=shape.labeldown, title="SELL Signal")
// ورود به معامله بر اساس سیگنالها
if bullishDivergence
strategy.entry("Buy", strategy.long)
if bearishDivergence
strategy.close("Buy")
RSI 12 mit abgestuften Blöcken (RGB)//@version=5
indicator("RSI 12 mit abgestuften Blöcken (RGB)", overlay=false)
// === Parameter ===
rsiLength = 12
rsiMA_Length = 9
// === RSI & MA berechnen ===
rsi = ta.rsi(close, rsiLength)
rsi_ma = ta.sma(rsi, rsiMA_Length)
// === Individuelle Farben per RGB + Transparenz ===
color_dunkelrot = color.new(color.rgb(139, 0, 0), 90) // #8B0000
color_hellrot = color.new(color.rgb(255, 102, 102), 70) // #FF6666
color_hellgruen = color.new(color.rgb(182, 255, 182), 70) // #B6FFB6
color_dunkelgruen = color.new(color.rgb(0, 100, 0), 90) // #006400
color_mitte = color.new(color.white, 0) // Weiß, voll sichtbar
// === Horizontale Levelgrenzen ===
level0 = 0.0
level30 = 30.0
level45 = 45.0
level55 = 55.0
level70 = 70.0
level100 = 100.0
// === Unsichtbare Hilfsplots für Füllflächen ===
plot_level0 = plot(level0, display=display.none)
plot_level30 = plot(level30, display=display.none)
plot_level45 = plot(level45, display=display.none)
plot_level55 = plot(level55, display=display.none)
plot_level70 = plot(level70, display=display.none)
plot_level100 = plot(level100, display=display.none)
// === Farbblöcke zwischen den Levels ===
fill(plot_level0, plot_level30, color=color_dunkelrot)
fill(plot_level30, plot_level45, color=color_hellrot)
fill(plot_level55, plot_level70, color=color_hellgruen)
fill(plot_level70, plot_level100, color=color_dunkelgruen)
// === Mittellinie auf 50 ===
hline(50, "Mitte", color=color_mitte, linestyle=hline.style_solid, linewidth=1)
// === RSI MA-Linie ===
plot(rsi_ma, title="RSI MA", color=color.yellow, linewidth=2)
MA Smoothed RSI For LoopMA Smoothed Source For RSI Loop
Conceptual Foundation and Innovation
The "MA Smoothed Source For RSI Loop" indicator innovates by smoothing the source data used for RSI calculation with various moving averages before feeding it into a for-loop scoring system. Rather than smoothing the RSI itself, this approach focuses on pre-processing the price data to reduce noise, thereby providing a cleaner input for RSI computation. The for-loop then evaluates this smoothed RSI to generate momentum signals, offering traders a refined method for detecting market trends and potential reversals.
Technical Composition and Calculation
The indicator's functionality is divided into two main parts:
Source Smoothing: Before calculating RSI, the source data (typically close price) is smoothed using one of several moving averages (EMA, SMA, WMA, VWMA, HMA, RMA, DEMA, or none) as selected by the user. This smoothing aims to filter out short-term volatility, providing a more consistent base for RSI calculation.
RSI Calculation and For-Loop Scoring:
RSI: Calculated using the smoothed source data over a user-defined length.
For-Loop Mechanism: A loop runs from a to b, comparing the current RSI value with past values of this smoothed RSI. A score (counter) is generated, which increases or decreases based on whether the current RSI exceeds or falls below past values. If the weighted option is activated, this comparison gives more weight to recent data points, adjusting the score accordingly.
The final score is then potentially normalized for better interpretation, compared against thresholds to determine market momentum signals.
Features and User Inputs
This indicator is highly customizable, allowing traders to tailor its behavior:
Weighted Calculation: Option to adjust scoring to favor recent price action.
RSI Length: Sets the period for RSI calculation.
Source: The price data to be smoothed before RSI calculation, default is close.
MA Type: Choice from various moving averages to smooth the source data.
Smooth Length: Length of the moving average used for smoothing.
For Loop Range: Defines the historical range (a to b) for the scoring loop.
Thresholds: Custom thresholds to define when signals for uptrends or downtrends are generated.
Practical Applications
This indicator is particularly beneficial for:
Identifying Momentum Shifts: The scoring system helps in detecting potential changes in market momentum.
Noise Reduction: By smoothing the source data, it aims to provide more reliable RSI signals in volatile markets.
Trend Analysis: Assists in confirming or challenging the current market trend based on the smoothed RSI's performance.
Advantages and Strategic Value
The "MA Smoothed Source For RSI Loop" offers an advantage by focusing on cleaning the input data for RSI, which can lead to more accurate momentum readings. Its flexibility in configuration allows traders to adapt the indicator to different market conditions or asset volatilities, enhancing its strategic value in trading decisions.
Alerts and Visual Cues
Visual Signals: The indicator plots the loop score, with colors indicating uptrends (gold) or downtrends (blue). Horizontal lines at thresholds and shaded areas between them provide visual aids for trend analysis.
**No explicit alerts in the script, but users can set up custom alerts based on the signals.
Summary and Usage Tips
The "MA Smoothed Source For RSI Loop" provides a nuanced approach to RSI by smoothing the price data before its calculation, resulting in potentially more reliable signals. Traders can use this indicator to gain a clearer picture of market momentum, adjusting parameters to fit different market behaviors or trading strategies. Remember, the effectiveness of this tool largely depends on its customization to the specific market context.
Note: Backtests are based on past results and do not guarantee future performance.
RSI with Cross SymbolsUse to determine exits and specifically for aligning proved trendlines for swing trading
Range Detection SuiteDeveloped with ChatGPT.
Colour shaded bands on the chart show bull (green), bear (red) and range (grey).
Standard Deviation SMA RSI | mad_tiger_slayerOverview of the Script
The Standard Deviation SMA RSI is a custom TradingView indicator that enhances the Relative Strength Index (RSI) by incorporating a Simple Moving Average (SMA) and Standard Deviation bands . This approach smooths RSI calculations while factoring in volatility to provide clearer trend signals . Additionally, the indicator includes overbought and oversold thresholds, trend-coded RSI signals , and dynamic volatility bands for improved market analysis. This indicator is designed for swing traders and long-term investors looking to capture high-probability trend shifts.
How Do Traders Use the Standard Deviation SMA RSI?
In the provided chart image, the indicator is displayed on a price chart. Each visual component serves a distinct function in identifying trend conditions and volatility levels .
INTENDED USES
⚠️ NOT INTENDED FOR SCALPING
With the smoothing nature of the SMA-based RSI , this indicator is not designed for low-timeframe scalping. It works best on timeframes above 1-hour , with optimal performance in 12-hour, daily, and higher timeframes.
📈 TREND-FOLLOWING & MEAN REVERSION
The Standard Deviation SMA RSI functions as both a trend-following and mean-reverting indicator:
Trend-Following: Identifies strong, sustained trends using RSI signals and SMA confirmation.
Mean Reversion: Detects overbought/oversold conditions based on standard deviation bands and RSI thresholds .
A VISUAL REPRESENTATION OF INTENDED USES
RSI Line (Green/Pink/Gray): The RSI line dynamically changes color based on trend conditions .
Green RSI → Strong uptrend, RSI above the uptrend threshold.
Pink RSI → Downtrend, RSI below the downtrend threshold.
Gray RSI → Neutral state or consolidation.
If the SMA of RSI is above Long Threshold , the market is in a bullish trend.
If it’s below Short Threshold, bearish conditions prevail.
Threshold Lines (Teal/Purple):
Green Line → Long Entry Threshold
Red Line → Short Entry Threshold
Standard Deviation Bands:
Upper Band → Measures bullish volatility expansion
Lower Band → Measures bearish volatility expansion
Colored Candles: Price candles adjust color based on RSI conditions , visually aligning price action with market trends.
Indicator's Primary Elements
Input Parameters
The script includes several configurable settings, allowing users to tailor the indicator to different market environments:
RSI Length: Controls the number of periods for RSI calculations.
SMA Length: Defines the period for the SMA applied to RSI , creating a smoothed trend line.
Standard Deviation Period: Determines the length for volatility calculations.
Overbought and Oversold Levels:
Can be adjusted to customize sensitivity.
Standard Deviation SMA RSI Calculation
The SMA-based RSI smooths fluctuations while the standard deviation bands measure price volatility.
Upper and Lower Bands: Calculated by adding/subtracting standard deviation to/from the SMA-based RSI.
Trend Signal Calculation:
RSI is compared to uptrend and downtrend thresholds to determine buy/sell conditions.
Long and Short Conditions
Buy and sell conditions are determined by RSI relative to key thresholds :
Bullish Signal: RSI above long threshold & SMA confirms trend .
Bearish Signal: RSI below short threshold & SMA confirms downtrend .
Reversals: RSI entering overbought/oversold areas suggests possible trend reversals.
Conclusion
The Standard Deviation SMA RSI is a powerful trend-following and mean-reverting tool , offering enhanced insights into RSI movements, volatility, and market strength . By combining SMA smoothing, standard deviation bands, and dynamic thresholds , traders can better identify trend confirmations, reversals, and overextended conditions .
✅ Customizable settings allow traders to optimize sensitivity.
✅ Works best on high timeframes (12H, Daily, Weekly).
✅ Ideal for swing traders and long-term investors.
RSI SignalsHanya Indicator untuk kegunaan pengguna BO System seperti saya yang scalping di US Session.
Ehlers Adaptive RSIThe Ehlers Adaptive RSI improves on the traditional RSI by dynamically adjusting its period based on market conditions.
Problem with the Classic RSI:
The traditional Relative Strength Index (RSI) uses a fixed period (e.g., 14), making it slow to react in volatile markets and too sensitive in stable conditions.
How the Adaptive RSI Solves This:
Instead of a fixed period, this version automatically adapts based on market volatility using a combination of ATR (Average True Range) and EMA (Exponential Moving Average).
Key Benefits:
More Responsive – Quickly adapts to market shifts, reducing lag.
Less Noise – Filters out unnecessary fluctuations in stable trends.
Self-Adjusting – No need to manually change RSI settings for different market conditions.
Better Signal Accuracy – Helps detect real trend reversals without false alarms.
This script is for informational and educational purposes only. It does not constitute financial advice, and past performance does not guarantee future results. Use it at your own risk.
Hull Moving Average Adaptive RSI (Ehlers)Hull Moving Average Adaptive RSI (Ehlers)
The Hull Moving Average Adaptive RSI (Ehlers) is an enhanced trend-following indicator designed to provide a smooth and responsive view of price movement while incorporating an additional momentum-based analysis using the Adaptive RSI.
Principle and Advantages of the Hull Moving Average:
- The Hull Moving Average (HMA) is known for its ability to track price action with minimal lag while maintaining a smooth curve.
- Unlike traditional moving averages, the HMA significantly reduces noise and responds faster to market trends, making it highly effective for detecting trend direction and changes.
- It achieves this by applying a weighted moving average calculation that emphasizes recent price movements while smoothing out fluctuations.
Why the Adaptive RSI Was Added:
- The core HMA line remains the foundation of the indicator, but an additional analysis using the Adaptive RSI has been integrated to provide more meaningful insights into momentum shifts.
- The Adaptive RSI is a modified version of the traditional Relative Strength Index that dynamically adjusts its sensitivity based on market volatility.
- By incorporating the Adaptive RSI, the HMA visually represents whether momentum is strengthening or weakening, offering a complementary layer of analysis.
How the Adaptive RSI Influences the Indicator:
- High Adaptive RSI (above 65): The market may be overbought, or bullish momentum could be fading. The HMA turns shades of red, signaling a possible exhaustion phase or potential reversals.
- Neutral Adaptive RSI (around 50): The market is in a balanced state, meaning neither buyers nor sellers are in clear control. The HMA takes on grayish tones to indicate this consolidation.
- Low Adaptive RSI (below 35): The market may be oversold, or bearish momentum could be weakening. The HMA shifts to shades of blue, highlighting potential recovery zones or trend slowdowns.
Why This Combination is Powerful:
- While the HMA excels in tracking trends and reducing lag, it does not provide information about momentum strength on its own.
- The Adaptive RSI bridges this gap by adding a clear visual layer that helps traders assess whether a trend is likely to continue, consolidate, or reverse.
- This makes the indicator particularly useful for spotting trend exhaustion and confirming momentum shifts in real-time.
Best Use Cases:
- Works effectively on timeframes from 1 hour (1H) to 1 day (1D), making it suitable for swing trading and position trading.
- Particularly useful for trading indices (SPY), stocks, forex, and cryptocurrencies, where momentum shifts are frequent.
- Helps identify not just trend direction but also whether that trend is gaining or losing strength.
Recommended Complementary Indicators:
- Adaptive Trend Finder: Helps identify the dominant long-term trend.
- Williams Fractals Ultimate: Provides key reversal points to validate trend shifts.
- RVOL (Relative Volume): Confirms significant moves based on volume strength.
This enhanced HMA with Adaptive RSI provides a powerful, intuitive visual tool that makes trend analysis and momentum interpretation more effective and efficient.
This indicator is for educational and informational purposes only. It should not be considered financial advice or a guarantee of performance. Always conduct your own research and use proper risk management when trading. Past performance does not guarantee future results.
Pathfinder Strength IndexPathfinder Enhanced RSI Indicator.
Levels are 70 = Overbought, 30 = Oversold and 50 = Midline
When in an uptrend price will pull back below the 50 and then continue upward.
When in a downtrend price will pull back above the 50 and continue Downward.
In consolidation price will stitch the 50.
Full education and trading community available at www.skool.com
TDI - Traders' Dynamic Index [FiXTUX]The Traders Dynamic Index (TDI) indicator, developed by Dean Malone, is an advanced hybrid indicator that combines multiple facets of the market into an all-in-one indicator.
SAR Reversal Strategy with Filtered Entries & Opposite ExitsUsing TradeGPT and ChatGPT strategy developed to show longs and shorts consecutively.
Multi-Timeframe RPM Gauges with Custom Timeframes by DiGetIntroducing the **Multi-Timeframe RPM Gauges with Custom Timeframes + RSI Combos (mod) by DiGet** – a cutting-edge TradingView indicator meticulously crafted to revolutionize your market analysis.
Imagine having a dynamic dashboard right on your chart that consolidates the power of nine essential technical indicators—RSI, CCI, Stochastic, Williams %R, EMA crossover, Bollinger Bands, ATR, MACD, and Ichimoku Cloud—across multiple timeframes. This indicator not only displays each indicator’s score through an intuitive gauge system but also computes a combined metric to provide you with an at-a-glance understanding of market momentum and potential trend shifts.
**Key Features:**
- **Multi-Timeframe Insight:**
Configure up to four custom timeframes (e.g., 1, 5, 15, 60 minutes) to capture both short-term fluctuations and long-term trends, ensuring you never miss critical market moves.
- **Comprehensive Signal Suite:**
Benefit from a harmonious blend of signals. Whether you rely on momentum indicators like RSI and CCI, volatility measures like Bollinger Bands and ATR, or trend confirmations via EMA, MACD, and Ichimoku, every metric is normalized into actionable percentages.
- **Dynamic, Color-Coded Gauge Display:**
A built-in table presents all your data in a clear, color-coded format—green for bullish, red for bearish, and gray for neutral conditions. This visual representation allows you to quickly gauge market sentiment without sifting through complex charts.
- **Customizable Layout:**
Tailor your experience by toggling individual table columns. Whether you want to focus solely on RSI or dive deep into combined metrics like RSI & CCI or RSI & MACD, the choice is yours.
- **Optimized Utility Functions:**
Proprietary functions standardize indicator values into percentage scores, making it simpler than ever to compare different signals and spot opportunities in real time.
- **User-Friendly Interface:**
Designed for both beginners and seasoned traders, the straightforward input settings let you easily adjust technical parameters and timeframes to suit your personal trading strategy.
This indicator is not just a tool—it’s your new trading companion. It equips you with a multi-dimensional view of the market, enabling faster, more informed decision-making. Whether you’re scanning across various assets or drilling down on a single chart, the Multi-Timeframe RPM Gauges empower you to interpret market data with unprecedented clarity.
Add this indicator to your TradingView chart today and experience a smarter, more efficient way to navigate the markets. Join the community of traders who have elevated their analysis—and be ready to receive countless thanks as you transform your trading strategy!
RSI with Trend LinesThe RSI with Trend Lines indicator is a tool designed to analyze the behavior of the Relative Strength Index (RSI) combined with dynamic trend lines. This indicator not only provides the standard RSI reading but also identifies pivot points on the RSI and draws bullish and bearish trend lines based on these points. It also includes customizable options for adjusting trend lines, displaying the RSI moving average, and highlighting key levels such as overbought, oversold, and the center line.
This indicator is ideal for finding and identifying clear trends in the RSI and taking advantage of market breakout or consolidation signals. It also includes a table with the POC value, which represents the price level at which the most trading activity has occurred, indicating the highest liquidity and highest trading volume.
Key Features:
1. Basic RSI:
• Calculates the RSI using a configurable period length (default 14).
• Colors the RSI based on its direction (green for rising, red for falling) and its position relative to the center line (50).
2. Key Levels:
• Displays overbought (70 and 80), oversold (20 and 30), and the center line (50) levels for easy visual interpretation.
3. RSI Moving Average:
• Enables and configures an RSI moving average (SMA, EMA, WMA, or ALMA) to smooth out fluctuations and detect clearer trends.
4. Dynamic Trend Lines:
• Identifies pivot points on the RSI and draws bullish and bearish trend lines.
• Trend lines can be extended into the future or limited to the visible range.
• Includes options to display broken lines (trends that are no longer valid) and customize the style (solid or dashed).
5. Pivot Points:
• Displays the high and low pivot points on the chart for a better understanding of trend changes.
6. Advanced Customization:
• Adjust the pivot point period.
• Control the number of pivot points to consider for trend lines.
• Customize the line thickness and style.
How to Use the Indicator:
1. RSI Interpretation:
• Overbought Zone (RSI > 70): Indicates that the asset may be overvalued and could correct downward.
• Oversold Zone (RSI < 30): Suggests that the asset may be undervalued and could rebound.
• Centerline Crossover (50): A cross above 50 indicates bullish strength, while a cross below suggests weakness.
2. Trend Lines:
• Bullish Lines: Drawn when the RSI forms ascending low pivot points. These lines represent dynamic support.
• Bearish Lines: These are drawn when the RSI forms descending high pivot points. These lines represent dynamic resistance.
• Broken Lines: When a trend line becomes invalid (the RSI breaks the line), they are displayed in a dotted style to highlight the breakout.
3. Possible Trading Signals:
• Buy: When the RSI breaks an upward downtrend line.
• Sell: When the RSI breaks a downward uptrend line.
• Trend Confirmation: When the RSI stays within a valid trend line, it suggests that the current trend is strong.
4. A chart with the POC value:
• The point of control is a price level at which the highest trading volume occurs in a given time period. It is a key component of the Volume Profile indicator, which displays volume by price.
• Use of the POC in trading:
• The POC is used to identify areas of high interest and liquidity for trading.
• The POC provides information about the equilibrium point where buyers and sellers are most evenly matched.
• Therefore, it can be considered a zone of interest, meaning it can act as support or resistance.
RSI & MACD Exit IndicatorThis indicator is designed to assist traders in identifying potential exit points for long and short trades by combining the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD).
Unlike traditional indicators that provide entry signals, this script is specifically optimized for exit strategies, helping traders manage their positions efficiently.
How It Works
The script identifies potential exit points based on the following conditions:
🔴 Exit Long:
- RSI crosses above the user-defined overbought threshold (default: 65).
- MACD crosses below the signal line (bearish crossover).
🟢 Exit Short:
- RSI crosses below the user-defined oversold threshold (default: 35).
- MACD crosses above the signal line (bullish crossover).
When these conditions align, a label appears on the price chart indicating an exit point.
Key Features
- Customizable RSI & MACD Settings – Adjust lengths and thresholds to suit your strategy.
- ATR-Based Adjustments – The script incorporates an ATR multiplier for dynamic signal adjustments based on market volatility.
- Clear Visual Labels – Exit points are clearly marked on price candles.
- Color-Coded Background – Highlights buy/sell zones for quick identification.
- Alerts for Exit Signals – Receive notifications when exit conditions are met.
- Clean Chart Design – The MACD plots are placed below the main chart to avoid clutter.
How to Use
⚠ This indicator is for exits only and does not generate buy/sell entry signals.
For long trades: When an Exit Long signal appears, traders may consider closing or reducing their long positions.
For short trades: When an Exit Short signal appears, traders may consider closing or reducing their short positions.
ATR Settings: Users can adjust the ATR multiplier to fine-tune the signal frequency based on market conditions.
Important Notes
- This indicator does not guarantee future performance—it should be used alongside other analysis methods.
- No financial advice – Always use proper risk management.
- TradingView users who do not read Pine Script can still fully utilize this script thanks to the detailed signal labels and alerts.
💡 Developed with advice from @CoffeeshopCrypto based on user feedback.
