This oscillator is a combination of different stochastic settings and one of the core separated formula of Cyber Momentum which I decided for two reasons to publish separately to use in the confluence of Cyber Momentum First Because of supper smoothing function that develop in Cyber Momentum sometimes the leading behavior cause signals retardation that may...
This indicator uses the cyclic smoothed Relative Strength Index (cRSI) instead of the traditional Relative Strength Index (RSI). See below for more info on the benefits to the cRSI. My key contributions 1) A Weighted Moving Average (WMA) to track the general trend of the cRSI signal. This is very helpful in determining when the equity switches from bullish...
This script aims at giving the quickest insight over different time resolutions and their relative trends. The graph is updated on every new bar. 5 periods of time can be configured with each their own signal periods. For each period, you get an insight on: - its general movement in comparison the latest close (green: up / red: down) - its length (ex: 50...
Using rsi with security function directly will cause repaint. Hence, doing it based on close price and calculating rsi via formula to avoid that. Hope this solves repainting issue. Thanks to @Jittra for requesting this :)
This script provides basic moving average SMA and WMA crosses to trigger the buy or sell signals for bot trades whilst displaying snowflakes. It also has the ability to let the user display more significant price action by judging the length of the space between the SMA and WMA, after filtering using the Stochastic and RSI. Only more significant breaks of these...
Herewith ; RSI as Candles With Linear Regression and a multiplied Linear Regression With Adaptive Deviation Bands Background highlighter highlights breaking of the slow / wide band. I like it for scalping tops and bottoms on low time frames, but have a play.. The linear regression slopes show trend and divergence, might include divergence flags later.... Last...
█ OVERVIEW Relative Strength Index is a momentum oscillator developed by J. Wilder. The original version of RSI rescaled the relative strength measurement to range. While the rescaling is useful for readability, This non-rescaled version tells the exact average relative strength of the movement for the past period, and give another way to put the relative...
kNN-based Strategy (FX and Crypto) Description: This strategy uses a classic machine learning algorithm - k Nearest Neighbours (kNN) - to let you find a prediction for the next (tomorrow's, next month's, etc.) market move. Being an unsupervised machine learning algorithm, kNN is one of the most simple learning algorithms. To do a prediction of the next market...
This script plots the Bollinger Bands and confirms entry and exits by using RSI values, Stoch, and ADX Curve. Works on any time-frame. The scope of the script is to reduce the number of fake breakouts to prevent further declines when entering positions. Often times when using Bollinger bands, a close below the lower band presents a buying opportunity but there is...
2 x Rsi Level Show Divergence and Color Bars Show RSi from multi Timframes with lines and/or Label Fully configurable Aertable
The standard setting of RSI is 14 periods, with the 30 line being oversold and the 70 line being overbought. However, it is not effective to use only that number as an entry. In the long time frame, it shows the momentum of bullish/bearish pressure and does not reverse immediately. In the short time frame, the reversal appear frequently and it is difficult to...
Happy Holidays here is a gift! This a cleaned up Ichimoku cloud with RSI coloring. Can be used to remove some of the the noise. How to read chart: Cloud support and resistance zones. A green line is RSI > 50 A red line is RSI <= 50
I was searching for a script that had the 50 level visible, the only one I've found was the one of Alexpunct, however the 50 line was not very visible so I've just modified style and color. It's a very little modification but at least it's useful for those who want to use is in combo with EMA or McGinley-based strategies.
™TradeChartist RSI Donchian Channels is a helpful RSI based indicator that helps visualize the RSI trend (using 4 plot styles including RSI Candles) by plotting Donchian Channels of user preferred length. =================================================================================================================== Features of ™TradeChartist RSI Donchian...
Confluence of Indicators and Signals (CoInS) v2 skv This time best of pivots and oscillators came to confluence to guide traders for better decision making to trade. Remember practice makes profit. This script created for educational purpose for learners want to observe/study the indicators and its signals. Indicators HMA, SMA, Super Trend, MACD, BB,...
This indicator uses RSI and moving averages with a little bit of lookback to give realtime analysis on the market. This was optimized for the 3 minute timeframe on cryptocurrency (Litecoin from tradestation was used as a test ticker), so beware of other timeframes when trading. I will come out with a modified version of the indicator fitting the 1 minute and 1...
While facing problem having too many indicator charts on the same screen, this squashed the candle chart and produces flat lines. This script helps to put them all in 1 chart and label the indicators where it meet the long/short conditions. Backtest is available to check the multiple indicators for a Long / Short trade, eg. if the EMA is on a long trend, but RSI...
The idea for this indicator came from looking at the Stochastic RSI. The Stochastic RSI takes the RSI reading then applies the Stochastic formula to it - an indicator on top of an indicator. Using this logic, I decided to try using a Stochastic on the existing Stochastic in order to smooth it out - hence the "Double Stochastic". I have also added the option to add...