tbiktag

Delta-RSI Oscillator Strategy

Delta-RSI Oscillator Strategy:

This strategy illustrates the use of the recently published Delta-RSI Oscillator as a stand-alone indicator.

Delta-RSI represents a smoothed time derivative of the RSI , plotted as a histogram and serving as a momentum indicator .

There are three optional conditions to generate trading signals (set separately for Buy, Sell and Exit signals):
  • Zero-crossing: bullish when D-RSI crosses zero from negative to positive values ( bearish otherwise)
  • Signal Line Crossing: bullish when D-RSI crosses from below to above the signal line ( bearish otherwise)
  • Direction Change: bullish when D-RSI was negative and starts ascending ( bearish otherwise)
Since D-RSI oscillator is based on polynomial fitting of the RSI curve, there is also an option to filter trade signal by means of the root mean-square error of the fit (normalized by the sample average).

My original D-RSI Oscillator script can be found here:
版本注释: Added alerts conditions
版本注释: minor changes that do not affect the script functionality
版本注释: The look of the input window is improved by making use of new features available in TradingView, namely the possibility to arrange inputs in sections and lines.

Also, check out the much-requested version of the script that is compatible with the Strategy Tester and features several filters and risk management options:
版本注释: .

If you enjoy using my scripts, consider becoming a supporter: https://www.buymeacoffee.com/tbiktag

A word of caution: always be aware of the risks and do not interpret data produced by the script or contained in the preview chart as trading advice.
开源脚本

本着真正的TradingView精神,该脚本的作者将其开源发布,以便交易者可以理解和验证它。为作者喝彩!您可以免费使用它,但在出版物中重复使用此代码受网站规则的约束。 您可以收藏它以在图表上使用。

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其他类型的意见或建议。请在使用条款阅读更多信息。

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