Original ASH code from alexgrover Some changes: - Change the price to SMA with Period of 1 with reference to the original MT4 code - Added a few more MAs
Shows RSI divergences in real time (as soon as bar closes in divergence instead of waiting for an RSI pivot). There are alerts included on these events so you are immediately made aware of divergence. Adjustement: It works by detecting a break of a previous high or low and then comparing the RSI value at the last break to the current break. Therefore, by...
Here's a standard RSI with an EMA added on the RSI. I've added horizontal lines for the middle and a middle zone and then also added background fills for the zones.
Stochastic Relative Strength Index developed by Tushar Chande and Stanley Kroll. This script has been written to eliminate the period variable.(Integer) Thus, it can be used comfortably in adaptive period scripts ! (For example : Adaptive Moving Average , KAMA , FAMA .. etc. ) All efforts goes to ChaosTrader () , RicardoSantos () , Hpotter for barcolor...
This script implements price divergence module using signals from several factors like: RSI, RSI Stochastic, MACD, Volume MA, Accumulation/Distribution, Fisher Transform and CCI
RSI with it's EMA and Control Zones. Neutral Zone Included.
An enhancement of my RSI Bottom Indicator. This one finds you Tops & Bottoms. This indicator uses the RSI and prints you top & bottom warnings directly on the price chart. The other special thing about this is that the RSI pulls the data from the weekly chart no matter on what timeframe you are on. The preferred timeframe can, of course, be changed in the...
This is a modified RSI that prints a bottom signal directly on your price chart. It pulls the data (in the default settings) from the weekly chart no matter on what timeframe you are on. You can adjust the timeframe and threshold. Default settings work best for big BTC cycles.
2-period RSI strategy backtest described in several books of the trader Larry Connors . This strategy uses a 2 periods RSI , one slow arithmetic moving average and one fast arithmetic moving average. Entry signal: - RSI 2 value below oversold level (Larry Connors usually sets oversold to be below 5, but other authors prefer to work below 10 due to the higher...
This is just a bunch of useful funtions and a recommenation how to construct a multiindicator for the sake of economy :))