This an experiment to visualise the famous RSI indicator within a Histogram. Opposed to regular RSI this RSI is plotted into a Histogram and uses different scales (100 to -100), in addition it has the ability to smooth the RSI with various moving averages like HMA, JMA and KAMA. About RSI: The RSI measures recent performance of a given stock against its own price...
When the price is over the EMA and RSI 2 is less then 25 so an open order is going to be made and the strike is the high of the antepenultimate price
RSI output signals are displayed with color change to reflect the plotted value. This makes evaluating RSI conditions require but a glance. RSI momentum buy signals are given on the cross of the 50 level, whereas sell signals are given on a fall below. Default values a 5 period RSI which gives more timely entrances and exits for swing traders. This can be...
This MTF Stochastic RSI is custom made to help give you an edge while trading. As you see the MTF Stochastic RSI is colored depending on the trend and if "K" is above or below "D". This indicator shows the crossover or crossunder of these values with the colored circles that are plotted. This can be a very useful indicator to show you Oversold or Overbought...
This is a momentum based strategy which generates signals when the price moves with momentum in either direction. This strategy works well on liquid stocks. Its not necessary to close the trade as soon as the close signal is generated and one can wait for the price to move in the direction as indicated by the prior signal unless price starts to go in the opposite...
This Indicator (3 EMA - RSI ) plots 3 EMA's and paints RSI Overbought & Oversold Zones on Chart. RSI zones help easily identify the overbought & oversold regions. RSI On/Off switch helps you Switch it On or Off .
This Indicator (2 EMA -BB - RSI ) plots 2 EMA's along with Bollinger Bands and paints RSI Overbought & Oversold Zones on Chart. RSI zones help quick identification of the overbought & oversold regions. RSI On/Off switch lets it Switch On & Off .
This my 2nd indicator : It's just a Strenghtening of trend channal If price can come up on the green line it's mean price is side way or maybe bullish and if price can come up on RSI (14)50 and EMA50 it have problaby to bullish trend If the price have blue ball it's mean crazy strong bullish trend If the price have red ball it's mean crazy strong bearish...
Trend-Following MTF RSI, Klinger, ATR, PP Adjust Parameters as per your time frame. As I trade on 3 min TF, defaults are as per that.
"Momentum Explosion Template for Mobile Metatrader", that is a trading system trend momentum based on two Commodity Channel Index (CCI) , RSI and two Moving Averages.The trading signals are generated by the crossing of the moving averages confirmed by the agreement of the two CCIs and the RSI. Two Moving averages Filtered by double CCI and RSI Credit is to...
Knowing how to write code will hopefully be my saving grace with trading. Regardless, I have things to learn yet and the CCI indicator seems to get a lot of respect from chart-art minimalists. On Investopedia, it says, “The CCI compares the current price to an average price over a period of time. The indicator fluctuates above or below zero, moving into...
This indicator is tested with 15minute charts to provide indication of relative strength, stochastic and market strength displayed as a combined oscillator with buy and sell alerts, in the form of an awesome mountain range. Use of these indicators is at your own risk.
This started as a personal arrays study, but after a few tests I decided to made a framework to get my own scripts simplest, lighter and faster. And now I'm sharing with you guys. Is very simple to use: Copy evething inside "RK's Auto Color Gradient Framework" block; Paste anywhere before the plotting; Declare the color variable name calling the...
This is an overlay indicator showing a strong potential for entry into an option spread trade. 2 background shadings will occur: The background will shade blue if the ticker is prime for a Bullish Call spread. The background will shade purple if the the ticker is prime for a Bearish Put spread. In theory, if the SE Strength is at one of the extremes of the Bear...
Study RSI 4 (RSI 25) from connors strategy. It will fill the candle color with green on buy signals and red on end positions base on RSI4 study.
This code has been inherited from " 3 RSI Multi Timeframe Inception" by pranjalchaubey and enhanced/modified to include 2 more RSI indicators. The RSIs considered are 15 minutes, 1 Hour, Daily, Weekly and Monthly displayed based on chart time frame. The number of RSI indicators displayed is context dependant or time frame based, as below, 15min, hourly and...
-This script utilizes simple color changes of the TSI output signals to aid in interpretation of the classic TSI indicator. -Crosses of the TSI value line and signal line are a bullish or bearish indication. TSI value line is colored green or yellow to help identify that the TSI value line is either dropping or rising, while over or under the signal line. -This...
This script is intended to help the viewer identify potential turning points with momentum "headwinds" or "tailwinds" with a visual que at the bar level. The presence of arrows indicates that the TSI indicator is either "curling" up under the signal line, or "curling" down over the signal line. This can help to anticipate reversals, or moves in favor of trend...