The script uses the average price of Major currencies to show their relative strength. Choose which currencies you wish to see in the format options. The script works based off of RSI so the currency with a higher value is stronger than the currency with the lower value. If for example USD is at 65 and CAD is at 30 then USD is stronger than CAD and buying USDCAD...
Nothing new here, just patched an existing script () to be compatible with some of the TradingView settings I wanted to play with.
Thanks to @LazyBear and @SwetSwet for the prior art!
This is basically the default RSI indicator with lines drawn on increments of 5, nothing special really.
This can be used in crypto/forex/traditional markets.
Please let me know if you found this to be useful and/or if you think it could use some additional work. Thanks!
Does exactly what it says, shows the correlation between DGDBTC on Binance, with the ticker. Notably has been fairly consistently inverse for quite some time now.
The strategy is a take on traditional volume oscillator.
In Layman terms:
The script places an order when the oscillator crosses the zero mark in the volume oscillator.
If the previous high is greater than the absolute value of previous low then a long order is placed
And if the absolute previous low is greater than the previous high then a shrt order is...
Hi, I have overlayed the script I have prepared previously and figured out how to set alerts although they don't seem to match up correctly with my strategy.
Could anyone please help me fix the problem? It seems to be revolving around my exit conditions.
Thanks in advance.
K
The idea is to create a MACD "Reader" that can tell you when you should buy (yellow candle sticks) and when to Sell (black one) you have also strong signal of with B and S write on graphic automatically. This indicator is set and back tested with BTCUSD and Gold. I used also for french equities and it works really good.
Let me know if you want any change or have...
Welcome to my "Plaid" Stochastic / RSI / StochRSI Combo indicator.
This shows the Fast and Slow Stochastic (orange and yellow), Relative Strength Index (white), and the Stochastic RSI (purple). As the lines cross the 80/20 and 70/30 lines, the background color changes to make it easy to see at a glance how many of the indicators have crossed their threshold. In...
The strategy couples the concept of rate of change along with the Bollinger bands.
Along with it LazyBear's RSI/MFI with Volatility Indicator is also taken to reduce the number of trades and improve efficiency.
Strategy (in Layman terms):
If in the past 10 candles RSI/MFI with Volatility Indicator has printed a red/green colour and the roc has gone...
Have tried a few different methods but just constantly get errors in different lines of code......been trying for hours *sigh*. Any help would be so greatly appreciated
Long when rsi overbought,
close trade when rsi oversold and < Vstop
//@version=3
strategy("Vstop and RSI", overlay=true)
//RSI Section
length = input(2, "RSI Period")
overSold = input(30,...
Awesome Oscillator in 4 colour with 5 (SMA) as signal line and RSI(2)
Hope this indicator helps you to identify wave peaks, and internal wave peaks using RSI (2) extremes by spotting divergence in RSI (2)
Thanks
![BTCUSD: MFI [HL]](https://s3.tradingview.com/g/GWPGPX4s_mid.png "MFI [HL]")
![BTCUSD: [3EMA]Triple Exponential Moving Averages Crossing](https://s3.tradingview.com/2/2sbmxoD8_mid.png "[3EMA]Triple Exponential Moving Averages Crossing")
![TRXETH: Plaid Stochastic / RSI Triple Combo Indicator [sclark39]](https://s3.tradingview.com/6/6sW2kTXS_mid.png "Plaid Stochastic / RSI Triple Combo Indicator [sclark39]")
