MOST is applied on this RSI moving average with an extra default option added VAR/VIDYA (Variable Index Dynamic Moving Average) MOST added on RSI has a Moving Average of RSI and a trailing percent stop level of the Moving Average that can be adjusted by changing the length of the MA and %percent of the stop level. BUY SIGNAL when the Moving Average Line crosses...
Trending RSI takes a new approach to RSI intended to provide all of the missing information that traditional RSI lacks. Questions such as "why does the price continue to decline even during an oversold period?" can be aided using the Trending RSI. These types of movements are due to the market still trending and traditional RSI can not tell traders this. ...
█ OVERVIEW This screener allow you to watch up to 240 any tickers you need to check RSI overbought and oversold using multiple periods, including the percentage of RSIs of different periods being overbought/oversold, as well as the average between these multiple RSIs. █ THANKS LuxAlgo for his RSI over multi length I made function for this RSI and screener...
**Use the comments section below to request access to the script** Market Trends need to be confirmed each and every time. Over the years the Money Flow Index has been a tool to find where the money is flowing either long or short in market movements. Long confirmation and false short Confirming a long entry: 1. Wait for price to close above a previous swing...
The intelligent accumulator is a proof of concept strategy. A hybrid between a recurring buy and TA-based entries and exits. Distribute the amount of equity and add to your position as long as the TA condition is valid. Use the exit TA condition to define your exit strategy. Decide between adding only into losing positions to average down or take a riskier...
RSI Volatility Bands Introduction The RSI Volatility Bands indicator introduces a unique approach to market analysis by combining the traditional Relative Strength Index (RSI) with dynamic, volatility adjusted deviation bands. It is designed to provide a highly customizable method of trend analysis, enabling investors to analyze potential entry and exit points...
🔵 Introduction Sometimes in analyzing price charts using indicators, you may observe a discrepancy. For instance, while the price of stocks, currencies, or commodities is increasing, the indicator shows a decrease. Such a phenomenon in technical analysis is termed "divergence." Divergences are categorized into three types based on their formation and the...
Relative Strength Index (RSI) The Relative Strength Index (RSI) is a popular momentum oscillator used in technical analysis to measure the speed and change of price movements. Developed by J. Welles Wilder, the RSI is calculated using the average gains and losses over a specified period, typically 14 days. Here's how it works: Description and...
Dynamic Momentum Oscillator (DMO) OVERVIEW: The Dynamic Momentum Oscillator (DMO) is a technical indicator designed to measure the momentum of price movements in financial markets. It combines momentum calculation with dynamic range assessment to provide insights into potential trend reversals and overbought/oversold conditions. DMO is different from classic...
This TradingView script implements a simple RSI (Relative Strength Index) strategy with manual take profit (TP) and stop-loss (SL) levels. Let's break down the script and analyze its components: RSI Calculation: The script calculates the RSI using the specified length parameter. RSI is a momentum oscillator that measures the speed and change of price movements....
This script combines two powerful indicators, the Stochastic Oscillator and the Relative Strength Index (RSI), to offer traders a comprehensive view of market dynamics. The Stochastic Oscillator, known for its effectiveness in identifying overbought and oversold conditions, is enhanced here with a smoothing mechanism to provide clearer signals. The script...
MBAND 200 4H BTC/USDT with RSI and Volume by MGS-Trading: A Neural Network-Inspired Indicator Introduction: The MBAND 200 4H BTC/USDT with RSI and Volume represents a groundbreaking achievement in the integration of artificial intelligence (AI) into cryptocurrency market analysis. Developed by MGS-Trading, this indicator is the culmination of extensive research...
█ Introduction and How it is Different The "PresentTrend RMI Synergy Strategy" is the combined power of the Relative Momentum Index (RMI) and a custom presentTrend indicator. This strategy introduces a multifaceted approach, integrating momentum analysis with trend direction to offer traders a more nuanced and responsive trading mechanism. BTCUSD 6h L/S...
This custom indicator combines the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) into a single trading tool. It calculates the MACD and RSI values, then averages these two indicators to create a composite line. This average line is intended to capture the momentum and relative strength of the market simultaneously, potentially...
Enhance your trading approach with the modular RSI indicator, skilled in identifying market extremes. Simplify pattern visualization and signal weighting for more efficient strategy formulation. This connectable RSI indicator is part of an indicator system designed to help test, visualize and build strategy configurations without coding. Like all connectable...
Indicator Description: RSI Divergence Alerts The RSI Divergence indicator is a technical analysis tool that identifies divergences between the Relative Strength Index (RSI) and the price of an asset. The RSI is a momentum indicator that measures the speed and magnitude of recent changes in an asset's price, while divergences occur when there is a disparity...
The "RSI MFI WPR Combo" is a sophisticated trading indicator developed for the TradingView platform, which synergistically combines the insights of three renowned technical analysis tools: the Relative Strength Index (RSI), the Money Flow Index (MFI), and the Williams Percent Range (WPR). This indicator is meticulously designed to assist traders in identifying...
The RSI calculated using a length of 14 bars on the closing prices. Entry Condition: If the RSI crosses below threshold 30, a long position is entered. The entry price and stop loss price are recorded based on the current close price and the defined stop loss percentage. Exit Condition: If a long position is open and the close price falls below the stop loss...