Simple way how to use RSI and MA indicators for trading. What we use: • RSI • SMA calculated by RSI (title: SMA_RSI) • Delta of RSI and SMA_RSI (title: delta) • SMA calculated by delta of RSI and SMA & RSI (title: SMA_RSI2) Logic: Upon the fact that we use the difference between two indicators that have similar values ( RSI and SMA_RSI), we get number...
This strategy combines the best of both indicators (Supertrend & RSI). As we know, Supertrend is excellent at finding changes in the market trend and thus finding the best entries, however in my opinion it has a great weakness and it is that it does not know how to find the best exit point. For this reason I decided to combine it with the RSI that we know...
Introduction It has always been a major challenge to detect the current market price in technical analysis . There are some basic but strong indicators that help us to estimate the next market action. Relative Strength Index and Simple Moving Average indicators were used in this strategy. This strategy aims to detect the next market action with different...
Greeting Traders! I am back with another ML strategy. :D I kept my word with combining my machine learning algorithms from Python and integrating them into Tradingview. Thanks to Tradingview's new release of Pinescript v5 it is now possible. This strategy respects the Sortino Ratio and was created using 2 years of data for 50 different cryptocurrencies. That is a...
This RSI strategy is different than most in that it doesn't pick a buy signal based on the RSI rising above a specific number (usually 30). Instead, it creates a 14 day exponential moving average of the Relative Strength Index and uses the following two conditions together to trigger a buy: Entry conditions: Condition1: Rising of the RSI's moving average for...
The script uses RSI as major trend identification and supported by RSI divergence for take profit, and also counter trend in certain cases. Uses EMA 200 for major trend identification to filter false signals, Average Volume as confirmation and faster signal detection to the change of trend. The indicator detects immediate change of trend and immediately...
I suppose nothing drives a point home like a 10+ year backtest! A couple of weeks ago I published a custom indicator called the Cumulative RSI. This indicator was straight out of chapter 9 of "Short Term Trading Strategies That Work." Today I am publishing a basic sample strategy in that uses the Cumulative RSI as its only entry and exit signals on a Nasdaq 100...
This indicator is a copy of my RSI Overbought/Oversold Divergence Indicator with-Alerts Only difference is that the alerts are disabled, instead it uses tradingviews strategy tester signals If you want alerts just use the other indicator
This indicator made with using Williams Fractals, 20 50 100 Moving Averages and Relative Strength Index. You can easily find entry points by using Long (L), Short (S) signals. Note : Settings are optimized for BTC:USDT Perpetual 15min TF. For use different pairs or TFs you may need to change settings.
Exchange: Kraken Timeframe: 5m Pair: ETH/USD If you use this for any other exchange or pair, you'll have to tweak the settings, most importantly are the trailing stop ticks. This strategy is currently in what I would call beta mode. It uses the volume weighted average price indicator, rate of change, two triple exponential moving averages and the relative...
This strategy uses a triple exponential moving average (Tema) and RSI to find buy points and uses stops, trailing stops and take profit to exit. Draft 1.
The purpose of strategy is to detect long-term uptrend and short-term downtrend so that you can easy to take profit. The strategy also using BHD unit to detect how big you win and lose, so that you can use this strategy for all coins without worry about it have different percentage of price change. ENTRY The buy order is placed on assets that have...
This strategy is based on the RSI+CMO Hybrid Index I created. I modified both the original RSI and CMO so that the RSI+CMO Index value ranges from -100 to +100 and defined as follows. When the RSI+CMO Hybrid Index values close above the Bull Level and below the Bear Level, the strategy will trigger long and short signals respectively. This newly defined hybrid...
The Parabolic Stop-and-Reservse (PSAR) is a trend indicator, intended to capture reversal signals and show entry and exit points. The PSAR is bullish when the PSAR is below the candle body (usually indicated by a dot) and bearish when the PSAR is above the candle body. The PSAR generally only moves in the direction of the trend, making it useful for markets with...
Introduction The strategy attempts to implement a majority all of the settings found on the 3Commas DCA Bot setting page that can be implemented within a TradingView indicator. Specifically, it will implement the "Open new trade ASAP" and "Trading View Custom Signal" deal start conditions. In this way, you can leverage the power of TradingView's backtester to...
It is the popular RSI indicator with VWAP as a source instead of close. VWAP (Volume Weighted Average Price) is one of the derived moving average indicators that takes volumes into account in price averaging. VWAP stands for Volume Weighted Average Price. //LOGIC ENTRY: Length RSI+VWAP Oversold - bottom line RSI-VWAP //EXIT SETTING: Take profit and stop loss...
EMR Strategy base on EMA, MACD and RSI to supply signal on time frame H1. Details of Rule as below: === 1.EMA + Time frame: H1 + Periods: 25, 100 (~ EMA 25 H4), 600 (~ EMA 25 D1) === 2.MACD + Time frame: H1 + Periods: 12,26,9 === 3.RSI + Time frame: H1 + Periods: 14 === 4.Trading Rule 4.1.Long Position + MACD>0 and RSI>50 and close price moving above...
A very simple and highly effective strategy that combines 3 famous indicators: MACD Bollinger Bands RSI Entry conditions are: The MACD line crosses over the signal line. RSI less than 50 Price below the BB baseline Exit conditions are: RSI greater than 70 Closing price higher than the upper BB Or when the price hits the Stop Loss...