TIGER ALERT RSI DIVThats our first RSI DIV indicator for free use.
What is an RSI divergence?
What Is the Relative Strength Index (RSI)?
The relative strength index (RSI) is a momentum indicator used in technical analysis.
RSI measures the speed and magnitude of a security's recent price changes to evaluate overvalued or undervalued conditions in the price of that security.
The RSI can do more than point to overbought and oversold securities. It can also indicate securities that may be primed for a trend reversal or corrective pullback in price. It can signal when to buy and sell. T
raditionally, an RSI reading of 70 or above indicates an overbought situation. A reading of 30 or below indicates an oversold condition.
Rsi_divergence
Strength of Divergence Across Multiple IndicatorsOverview:
One-stop shop for all your divergence needs, including:
(1) A single metric for divergence strength across multiple indicators.
(2) Labels that make it easy to spot where the truly strong divergence is by showing the overall divergence strength value along with the number of divergent indicators. Hovering over the label shows a breakdown of each divergent indicator and its individual divergence strength value.
(3) Fully customizable, including inputs for pivot lengths, divergence types, and weights for every component of the divergence strength calculation. This allows you to quickly and easily optimize the output for any chart. Don't worry, the default settings will have you covered if you're not interested in what's going on under the hood.
The Divergence Strength Calculation:
The total divergence strength value is the sum of the divergence strengths of all indicators for which divergence was detected at a given bar. Each indicator's individual divergence strength is comprised of two basic components: (1) |ΔPrice| - the magnitude of the change in price over the divergence period (pivot-to-pivot), and (2) |ΔIndicator| - the magnitude of the change in indicator value over the divergence period.
Because different indicators' scales and volatility can vary greatly, the Δ values are expressed in terms of standard deviation to ensure that the values are meaningful and equitable across all indicators and assets/instruments/currency pairs, etc:
|ΔIndicator| = |indicator_value_1 - indicator_value_2| / 2 * StDev(indicator_series,100)
Calculation Weights:
All components of the calculation are weighted and can be modified on the Inputs page in settings (weights are simply multipliers). For example, if you think hidden divergence should carry less weight than regular divergence, you can assign it a lesser weight. Or if you think RSI divergence is worth more than OBV divergence, you can adjust their weights accordingly. List of weights:
Regular divergence weight - default = 1
Hidden divergence weight - default = 1
ΔPrice weight - default = 0.5 (multiplied by the ΔPrice component)
ΔIndicator weight - default = 1.5 (multiplied by the ΔIndicator component)
RSI weight - default = 1.1
OBV weight - default = 0.8
MACD weight - default = 0.9
STOCH weight - default = 0.9
Development for additional indicators is ongoing, as is research into the optimal weight configuration(s).
Other Inputs:
Pivot lengths - specify the number of bars before and after each pivot high/low to consider it a valid candidate for divergence.
Lookback bars and Lookback pivots - specify the number of bars or the number of pivots to look back across.
Price sources - specify separate price sources for bullish and bearish divergence
Display settings - specify how lines and labels should display, including which divergence strength values should show the largest labels. Include/exclude specific divergence types and indicators.
Please report any bugs, or let me know if you have any enhancement suggestions or requests for additional indicators.
@reees
RSI FIB [G I O]BINANCE:BTCUSDT
A free indicator where you can see the fibonacci levels of the RSI.
Giotrade is aware of the importance of the RSI in trading and offers a new indicator that can guide you to conduct free market analysis.
The red and green zones warn of overbought and oversold, allowing you to predict the direction of price volatility.
RSI Exhaustion + DivergenceThe Relative Strength Index Exhaustion with Divergence is an essential replacement of the standard Relative Strength Index Oscillator because it's able to identify and highlight hidden exhaustions together with Bullish/Bearish Regular and Hidden Divergences.
This indicator can give the outmost probability in spotting trend reversals or trend continuation.
By identifying hidden exhaustion momentum, the Relative Strength Index Exhaustion indicator represents an essential support to the trader in effectively reading the market and grabbing the best opportunities.
This detects divergences between price and indicator with 1 candle delay so it filters out repeating divergences.
Recommended to use this at a higher timeframe to lessen the false signals.
Red Arrow = Bullish/Bearish Divergence
White Arrow = Hidden Bullish/Bearish Divergence
RSI Momentum Acceleration by TartigradiaPlots the momentum acceleration oscillators from price and RSI, rescaled and with areas above/below highlighted.
Usage: in a nutshell, when the background is yellow, it's bearish (RSI decelerates faster than price), whereas when the background is green, it's bullish (RSI accelerates faster than price). It appears to detect early some reversals that are otherwise difficult to detect.
Note: it supports using any other indicator's output as the second source input, instead of RSI. PineScript does not allow for more than one source to receive input from other indicators, all the others must only use price as an input.
This indicator uses the core routine to calculate Momentum Acceleration Oscillators by DGT:
This indicator is based on the idea of stinkbug : "RSI is a good momentum indicator showing how excited ppl are on a move, this is why divergences on it work so well. I would like to see the change accelerating or slowing on a move up or down.."
Tutporial Pedia (Signal buy & Sell)Untuk mempermudah kita dalam bermain dan memahami Signal Trade View Rate 98 %
TDI - Traders Dynamic Index [Goldminds] with DIV RSI AlertsOriginally from Goldminds. Later modified by Jakub a Babo. I just added RSI DIV alerts. You're welcome. :)
Instruction: once you have have this indicator and press Alt + A to create alert.
Ultimate RSI - Divergence + S/R + Reverse RSIThis is a modification of the TradingView RSI with some of my favourite RSI features added.
This includes Divergence indicators. EMA with colour change on cross, Support and resistance lines and reverse RSI.
A reverse calc has also been added. This will allow you to input 3 different RSI values for a price prediction. This is good to use with the support and resistance lines and can give you key areas on the chart where the price may bounce/reject.
All colours and modifications can be turned on/off.
Enjoy! :)
DMI StrategyThis strategy is based on DMI indicator. It helps me to identify base or top of the script. I mostly use this script to trade in Nifty bank options, even when the signal comes in nifty. It can be used to trade in other scripts as well. Pivot points can also be used to take entry. Long entry is taken when DI+(11) goes below 10 and DI-(11) goes above 40, whereas short entry is taken when DI-(11) goes below 10 and DI+(11) goes above 40.
For bank nifty, I take the trade in the strike price for which the current premium is nearby 300, with the SL of 20%. If premium goes below 10% I buy one more lot to average, but exit if the premium goes below 20% of the first entry. If the trade moves in the correct direction, we need to start trailing our stoploss or exit at the pre-defined target.
Please have a look at strategy tester to back test.
Day Trade Indicator [by KN Lo]Design for LONG and Day Trade only
=============================
features (this indicator is able to):
- show EMA 9, 50, 200 & VWAP
- show Candle Pattern (e.g. Engulfing, Shooting Star)
- show HMA fast(10) / slow(50) lines
- show Breakout Signal (Blue triangle)
- show RSI Divergence
- find Volitility Decreasing
- find Consolidation stage
- change Background color (green) when positive figures
- show indicator table
=============================
indicator table:
- Price over VWAP
- Price over EMA200
- EMA9 > EMA50 > EMA200
- RSI < 80
- EMA9 > VWAP
- MACD fast > slow
- HMA fast > slow
- RSI Divergence (compare with previous higher high)
- Breakout Signal when the price is higher than previous high
- Volitility: the difference between previous high (9 periods) and previous low (9 periods), average by SMA, if lower than -30, show in green color.
- Consolidation: consider previous 7 periods to find consolidation stage.
RSI Potential Divergence - FontiramisuIndicator showing potential momentum divergences on RSI Momentum.
The problem with the classic divergence is that when the signal appears, it is sometimes too late to enter a trade.
The potential divergence corrects this problem by signaling the beginning of a potential divergence.
RSI is a momentum indicator that offers relevant insights with divergences.
Potential divergences are indicated with the letter B and a red color for Bearish Div or Green color for Bullish Div .
Potential divergence is confirmed when the line and the label "Bear"' or "Bull" appear.
ARKA-RSI CrossThis indicator draws two RSI with different parameters and displays the crosses with the following conditions as colored arrows. This composite RSI can be adjusted in two ways. for example:
1. Cross parameters 5 and 14 above or below 50 which is indicated by light-colored arrows in the chart.
2. Cross parameters 5 and 14 of level 50, which are indicated by darker arrows.
RSI PacingThe RSI Pacing indicator compares the movement of the RSI directly with the movement of the asset to help identify divergences.
Bullish Divergences
The RSI is increasing at a greater rate than the pace of the asset.
The RSI is decreasing at a lesser rate than the pace of the asset.
Bearish Divergences
The RSI is decreasing at a greater rate than the pace of the asset.
The RSI is increasing at a lesser rate than the pace of the asset.
Warning: Does not yet work on higher timeframes yet. Working on getting the pace normalized to the RSI's bounds.
RSI - S&P Sector ETFsThe script displays RSI of each S&P SPDR Sector ETF
XLB - Materials
XLC - Communications
XLE - Energy
XLF - Financials
XLI - Industrials
XLK - Technology
XLP - Consumer Staples
XLRE - Real Estate
XLU - Utilities
XLV - Healthcare
XLY - Consumer Discretionary
It is meant to identify changes in sector rotation, compare oversold/overbought signals of each sector, and/or any price momentum trading strategy applicable to a trader.
MOD RSI [KPM]Using this indicator you can easily view Divergence, and Market Tend in Mutitimeframe
NOTE: This is stranded RSI I only added colours for easy cath the market trend.
I'm not regarding anything with this indicator. All risk is yours
Thank you
Relative Strength Index - Divergences - LibertusHello all,
To ease everyone's trading experience I made this script which colors RSI overbought and oversold conditions and as a bonus displays bullish or bearish divergences in last 50 candles (by default, you can change it).
Script is open source, part of code is from Trading View examples. If you have suggestions or you already made some improvements, please report in comment.
Happy trading and good luck!
RSI DivergenceThe RSI DIvergence script tries to predict the upper and lower trend-lines for the current security’s RSI.
The script identifies peaks and valleys within the RSI and then tries to draw a trend-line in between the peaks and the valleys. The longest possible trend-line originating from the latest peak/valley will be used to determine whether or not the trend is moving up or down, the slope of the trend-line will then dictate the direction of the trend.
(If no trend line can be drawn from the latest peak/valley, the current value of the RSI will be used as the origin point of the trend-line)
Once the script has identified the trendlines they will be superimposed on the RSI line as dashed lines. The color of the dashed lines will depend on the direction of the trend, an upwards moving trend will be depicted in green,whilst a downwards moving trend will be depicted in red.
Furthermore, the script will draw two arrows, representing the short term trend and the long term trend, as to make it even more clear which direction the two trend-lines have.
If only one trend-line (either upper or lower) can be found, the script will replace the corresponding arrow with a diamond shape instead.
Stoch RSI, Div, Zone S3 by Gammaprod>> How to use this indicator :
1. Set your teadingview theme to dark theme.
2. My indicator is valid for forex, stock and but more valid for crypto.
3. Use three timeframe for more validation (choose between those, that fit to your trading style) :
- Timeframe 1m, 5m, and 15m for Scalping
- Timeframe 30m, 1h and 4h for Intraday
- Timeframe 4h, 1D and 1W for Swing Trading
4 . Always use THREE INDICATORS FROM GAMMAPROD, those three indicators is back to back each other, by the way, I only made those three indicators only (for now) :
- Trendlines Boll Ichi Crypto by Gammaprod
- Stoch RSI Divs Zone Crypto by Gammaprod
- MACD Volume Crypto by Gammaprod
>> How to setting :
1. Trendlines Boll Ichi Crypto by Gammaprod
A. Support and Resistence
- Well if you familiar with this indicator you can add it, but recommended for Timeframe 30m or more
B. Trendlines Primary or Trendlines Secondary
- Timeframe 1m you DON'T NEED Trendlines Primary or Trendlines Secondary
- Timeframe 5m you DON'T NEED Trendlines Secondary, but you CAN ADD Trendlines Primary if you fell it helpful (for me, it is helpful to find where the candles start or the end trend or a consolidation or where the candles will surpass a resistance or a support).
- Timeframe 15m you DON'T NEED Trendlines Secondary, DEFENITELY add Trendlines Primary it will help to find where the candles stop or a consolidation or where the candles will surpass a resistance or a support).
- Timeframe 30m or more, DEFENITELY NEED BOTH Trendlines Primary and Secondary Trendlines, it will help to find where the candle stop or consolidation or where the candle will surpass a resistance or support).
C. Bolinger, Ichimoku Cloud and Lagging Span
- Please DON'T CHANGE IT at all, it's really helpful to know when and where to make an entry decesion or a trend or a consolidation, if you don't understand how to read it, you better to learn it first (on "how to read" section and "How to OPEN position" the section below)
2. Stoch RSI Divs Zone Crypto by Gammaprod (DON'T CHANGE IT)
3. MACD Volume Crypto by Gammaprod (DON'T CHANGE IT)
>> How to read :
1. Sell or Buy Priority :
A. Buy Priority
- Color background on macd and stoch rsi is pink or purple sell is the priority, (if you're not sure to buy, just wait until the best moment to sell)
B. Buy Priority
- Color background on macd and stoch rsi Teal or light green buy is the priority, (if you're not sure to sell, just wait until the best moment to buy)
C. Indecision / Golden Moment
- Color background on stoch rsi yellow is indecision / golden moment of reversal pattern (wait until it formed background only on Stoch RSI), please becareful at this moment.
2. Trend / Consolidation :
A. BULLISH trend
- When Stoch RSI and MACD have teal or light green background that's means BULLISH trend, better to confirm by the candle is above green cloud and lagging span (red line) is also above the candle.
B. BEARISH trend
- When Stoch RSI and MACD have the Pink or purple background that's means BEARISH trend, better to confirm by the candle is above purple cloud and lagging span (red line) is also below the candle.
C. CONSOLIDATION
- When Stoch RSI have the mix background that's means CONSOLIDATION, better to confirm by the candle is in or near to green / purple cloud and lagging span (red line) is also on the candle.
3. Special Mark
A. Ideal Bullish :
- Near line 20 and green / teal background = When Stoch RSI have the char R / H on lime color label, that's means divergence or hidden divergence for buy position, if you not see this label that's means just a standard confirmation for buy
B. Not an Ideal Bullish :
- Near line 80 and green / teal background = if this happens make sure you know what happen, it could be a false signal or bullish continual pattern
C. Ideal Bearish :
- Near line 80 and pink / purple background = When Stoch RSI have the char R / H on lime color label, that's means divergence or hidden divergence for buy position, if you not see this label that's means just a standard confirmation for sell position.
D. Not an Ideal Bearish:
- Near line 20 and pink / purple background = if this happens make sure you know what happen, it could be a false signal or bearish continual pattern
E. The Beginning of Reversal (from BEARISH to BULLISH) :
- When Stoch RSI line shaping GREEN position is near 20.
- MACD lines still PINK, position lines is UNDER the HISTOGRAM, but the HISTOGRAM start to SHAPE FALL PINK (light pink) and the BACKGROUND still PINK / PURPLE.
- Position CANDLES NEAR BLUE line, NEAR PURPLE CLOUD, and lagging span (red line) STILL ON the area candle. (it used to be confirmed with the golden moment).
F. The Beginning of Reversal (from BULLISH to BEARISH) :
- When Stoch RSI line shaping PINK position is near 80.
- MACD lines still GREEN, position lines is ABOVE the HISTOGRAM, but the HISTOGRAM start to SHAPE FALL GREEN (light green) and the BACKGROUND still TEAL / GREEN.
- Position CANDLES NEAR WHITE line, NEAR TEAL CLOUD, and lagging span (red line) STILL ON the area candle. (it used to be confirmed with the golden moment).
G. False Signals, or It could be a Golden Moment (better to see it on TF 15 or bigger):
- Near line 20 or 80 and yellow background = When Stoch RSI have the char R / H on color label, that's means divergence or hidden divergence for buy / sell position, if you not see this label that's means just a standard confirmation for buy / sell depends on where the Stoch RSI line if near 20 that's means buy, near 80 means sell
>> How to OPEN position:
A. Bullish
1. Trendlines Boll Ichi Crypto by Gammaprod
- The candles above the green cloud.
- Lagging span (red line) above the candles.
- then open buy near yellow line (the first option) / blue line (the second option) (always confirm the position with two other indicators below).
2. Stoch RSI Divs Zone Crypto by Gammaprod
- Teal or Green background.
- The lines is shaping green.
- Better if on the bottom (at a range 20).
3. MACD Volume Crypto by Gammaprod
- Teal or Green background.
- The lines is shaped or shaping green.
- Better if at the green histogram.
B. Bearish
1. Trendlines Boll Ichi Crypto by Gammaprod
- The candles below the purple cloud.
- Lagging span (red line) below the candles.
- then open buy near yellow line (the first option) / white line (the second option) (always confirm the position with two other indicators below).
2. Stoch RSI Divs Zone Crypto by Gammaprod
- Pink or purple background.
- The lines are shaping pink.
- Better if the line on the top (at a range 80).
3. MACD Volume Crypto by Gammaprod
- Pink or purple background.
- The lines are shaped or shaping green.
- Better if at the pink histogram.
C. Consolidation
1. Trendlines Boll Ichi Crypto by Gammaprod
- The candles on the cloud (green or purple).
- Lagging span (red line) on the candles.
- then open buy near the white or blue line (always confirm the position with two other indicators below).
2. Stoch RSI Divs Zone Crypto by Gammaprod
- Mix background specially on a timeframe 15m or more.
- The line move fast up and down.
- Better if on the bottom or the top of the lines (at a range 20 or 80).
3. MACD Volume Crypto by Gammaprod
- Changing the background.
- The line is near the middle line.
- Have small Histogram.
>> The secret ingridient is comparing the timeframe :
The example scalping (Timeframe 1m, 5m and 15m)
- TF 1m is for making an open position.
- TF 5m is for making a judgement of the trend market.
- TF 15m is to confirm that judgement from TF 5m, be careful if it not similar then it used to be a consolidation or the beginning of the reversal.
There's a lot a way to open the position than above information that i gave it to you, but consider there are a limit char on this column, I hope it will help your trading and make a more profit on it.
JaeRSI+What is JaeRSI++
🥇 It is an indicator that detects and displays the RSI of the upper frame one step at a time
- It is no different from normal RSI but, u can see the RSI of the upper frame together
- Works based on 5m 15m 1h 4h 1d 1w
🥇Also, if the RSI is (over 70↗️) or (less than 30↘️), changes the background color
- If the background color is continuous, it is recommended to check the frame one step higher
🥇 Meaning of table (table)
- "🌈", RSI, Main, Danger in order
- RSI: It is divided into 5, 15, 60, 240 and indicates the current RSI of each frame (the background color is different from RSI : 33.0 below / 67.0 above)
- Main: Estimate the mainframe
If the previous 14 candles have entered the Danger zone (RSI : below 33.0 / above 67.0) or oversold/number, the corresponding frame is marked as the main frame.
- Danger: If abnormal RSI motion is detected (beam shape) due to sudden surge/fall in a frame, it warns that the frame may be the main frame.
==================================================================================
JaeRSI++란?
🥇 상위 프레임의 RSI를 추가로 표시해 주는 RSI 지표입니다
- 일반 RSI와 알고리즘의 차이가 없으나 상위 프레임의 RSI를 함께 볼 수 있습니다 (빨간 선으로 표시)
- 5m 15m 1h 4h 1d 1w 기준으로 작동합니다
🥇또한 RSI가 (70 이상↗️) 또는 (30↘️)인 경우 배경색을 변경합니다
- 배경색이 연속적인 경우 프레임을 한 단계 높게 확인하는 것이 좋습니다
🥇표(테이블)의 의미
- 순서대로 시간프레임 , RSI , 메인 , 위험
- RSI : 5, 15, 60, 240으로 나뉘어져 각각 프레임의 현재 RSI를 나타낸다 (33.0 아래 / 67.0 위 부터 배경색이 달라짐)
- 메인 : 메인프레임을 추정한다
이전 14개 캔들안에 꺵판존(33.0 아래 / 67.0 위) or 과매도/수에 들어간 적이 있다면 해당 프레임을 메인프레임으로 표시한다
- 위험 : 어떤 프레임에서 급등/급락하여 비 정상적인 RSI의 움직임이 감지된다면(빔 형태) 해당 프레임이 메인 프레임일 수 있다고 경고한다
resistances and divergence[zavaUnni]
Select from selectable settings: rsi, cci, mfi, or stochstic
The default indicator is set to cci.
When you select an indicator in Settings, you can see the diversity that occurs in that indicator.
Resistance fills the histogram in yellow; the stronger the resistance, the higher the saturation.
If the volume is large but the change rate of candlestic(spred_rate) is not large, it means resistance has occurred.
It is a method of finding anomalies in the spred_rate and volume relationship.
After obtaining the accumulated spred_raterelative to the accumulatedvolume value,
we calculated that the larger the difference is, the larger the resistance value.
The formula with the resistanc
a_sma = ta.cum(spred_rate)/ta.cum(volume)
ifpricebull = open+(open*a_sma * volume)
ifpricebear = open-(open*a_sma * volume)
bullD = close>ifpricebull or closeifpricebull or close
TFEX_INDICATOR_SET13This Indicator use the calculated RSI of the top 13 stocks that have the highest market capitalization in SET:SET50 where suitable for TFEX trading( TFEX:S501! ) .
Conducted with 2 RSI period as follow:
RSI Main (14)
RSI Average (100)
How to use:
1) Use this Indicator by Crossover
If the RSI Main Cross UP the RSI Average can assume as BUY SIGNAL
If the RSI Main Cross DOWN the RSI Average can assume as SELL SIGNAL
2) Use this Indicator by Divergence of RSI Main
If the RSI Main got any Regular Bullish or Hidden Bullish can assume as BUY SIGNAL
If the RSI Main got any Regular Bearish or Hidden Bearish can assume as SELL SIGNAL
3) The combination of Divergence and Crossover
If the RSI Main got any Regular Bullish or Hidden Bullish then pending for the RSI Main Cross UP the RSI Average which can assume as BUY SIGNAL
If the RSI Main got any Regular Bearish or Hidden Bearish then pending for the RSI Main Cross DOWN the RSI Average which can assume as SELL SIGNAL
Preferred Timeframe
4H
2H
1H
Bogdan Ciocoiu - Code runnerDescription
The Code Runner is a hybrid indicator that leverages other pre-configured, integrated open-source algorithms to help traders spot regular and continuation divergences.
The Code Runner specialises in integrating some of the most popular oscillators well known for their accuracy when scalping using divergence strategies.
Uniqueness
The Code Runner stands out as a one-stop-shop pack of oscillator algorithms that traders can further customise to spot divergences.
The indicator's uniqueness stands from its capability to recast each algorithm to apply to the same scale. This feature is achieved by manually adjusting the outputs of each algorithm to fit on a scale between +100 and -100.
Another benefit of the Code Runner comes from its standardisation of outputs, mainly consisting of lines. Showing lines enables traders to draw potential regular and continuation divergences quickly.
The indicator has been pre-configured to support scalping at 1-5 minutes.
Open-source
The Code Runner uses the following open-source scripts and algorithms:
www.tradingview.com
www.tradingview.com
www.tradingview.com
www.tradingview.com
www.tradingview.com
www.tradingview.com
www.tradingview.com
www.tradingview.com
These algorithms are available in the public domain either in TradingView space or outside (given their popularity in the financial markets industry).
Bogdan Ciocoiu - CoordinatorDescription
The Coordinator is an indicator developed on the back of the RSI algorithm, modified substantially to form a cloud. In addition, the Coordinator uses EMA/SMA to compare the location of the RSI cloud with the chosen moving averages (EMA vs SMA).
This indicator is helpful as it confirms when a trader should enter a position or exit based on the proximity of the RSI cloud to the relevant MA.
Uniqueness
The Coordinator provides unique benefits, including:
It shows the strength of the RSI in the shape of the RSI cloud, using two sets of dimensions (one more long term and one more short-term oriented).
It indicates the positioning of the RSI cloud in conjunction with the relevant moving averages to help traders remain in positions for longer.
It shows the RSI 14 (useful when spotting divergences aligned with the price action).
Open-source
The Coordinator uses the following open-source scripts:
www.tradingview.com
