The Adaptive Relative Strength Index was created by John Ehlers and this is his first version. I will of course publish his updated version at a later date along with publishing the final script from Jim Sloman's Ocean Theory book. I have changed his script to include extra smoothing to provide clear buy and sell signals. This is a version of a RSI that is very...
HOW TO USE?
A setup which contains Most Useful 14 indicators, that any Intraday Trader might require.
Below will see one by one-
1) Trend Following Icebergs - (3 Different Indicators to choose from)
--> The trend following indicators optionally.
--> Very simple to understand, yellow indicating sideways, green - going upside, and red - going downside.
-->...
SB Master Chart v5 is the latest progression of the SB Master Chart series of charts.
The original SB Master Chart and its successors was designed to be a visual aid for the savvy investor. The original concept was designed to provide valuable information so decisions could be made at a glance with utmost confidence.
As the chart progressed through versions,...
A modified RSI script with a a slight modified net volume formula
red is bearish
green is bullish
just attempt to make the RSI more easy and better to use
best entry is when green bellow 30
and vice versa when red start to cross down the 70
Market Scanner
By default set up to scan 7 Crypto Currencies on 3 different Time frames
Default assets are from Binance listing, but can be changed in settings.
First timeframe is set to Daily, (all timeframes can be changed in the settings), The RSI value for the Daily resolution is printed. The current conditions need it to be between the value of 40 and 50,...
This RSI script includes everything you could want on an RSI. There are multiple timeframes which will give context to market movement, as well as a highlight feature to make it easier to visualize overbought and oversold stocks.
Tip: Uncheck the 4 plots with no color in them to remove the extra headers on the indicator.
Exciting new markets require exciting new indicators and with the plethora of cryptocurrencies now available and increasingly being offered through mainstream brokers, at Quantum Trading we thought it was time for us to step in and develop something unique to help traders and investors trading the new kids on the block.
Cryptocurrencies like their more...
We need to make things better and to solve the struggles of traders conquering this ventures capital arena.
I present my new Elliot targets script.
Anyone learning the Elliot wave is very difficult and difficult to understand.
I would like to take a few parts of the Elliot wave theory that is how to calculate the retracement area
and price levels according to...
This is a dollar cost averaging bot with additional buy algo to ensure you are buying support levels on the time period of your chart.
Signals Generated Based On
RSI
Volume
Cost Basis
Simple Moving Averages
It buys when there is a signal to buy and requires that the price is below your cost basis.
The bot is smart enough to track number of open signals...
Indicator version of the strategy "HYE Mean Reversion VWAP"
"Long", "Short", "Exit Long" and "Exit Short" alarms added.
Use with "Once Per Bar Close".
*** I used the "VWAP with period" indicator code of @neolao. Special thanks to @neolao.
Indicator Link:
This script uses dynamic length to create a different sma type.
The length of the "Dynamic SMA" - "dSMA" can be:
'RSI', 'Stoch', 'ATR', 'MFI' or '%R'
For example 'RSI' -> the length of the sSMA will be the RSI itself
The biggest challenge was:
'Pine cannot determine the referencing length of a series. Try using max_bars_back' error
The writer of ...
This indicator displays a spider chart overlaid on the user’s current chart allowing the visualization of information given by various normalized oscillators. It is possible to customize the spider chart by hiding certain oscillators from within the settings which removes their corresponding spokes from the chart.
Users can control the length settings of each...
Effective RSI with Multi-Timeframe with Hilema - Milega(HM) concept (HM=WMA -EMA). RSI Script is included with WMA and EMA band for RSI1 and it works very simple
i) When the RSI band turns to Green its a Buy signal. Normally whenever Bearish strength weakens and move towards the Bullish area, the WMA and EMA cross each other and that tends to provide a possible...
Highly configurable interface that aims to improve usability of RSI by:
Highlighting when RSI is overbought or oversold (red)
Highlighting when RSI crosses midline (50, blue)
Highlighting mid area's background (45-55)
Highlighting overbought and oversold area backgrounds (>70, <30)
Ability to plot midline (in addition to oversold and overbought lines)
This combines a trend based setting (MACD) and an oscillator (RSI) into one, creating a little extra room to add something else. Everything is colored based on whether RSI above/below 50. Adjust the parameters to your liking. Of course, this setting works best when used on multiple time frames: Enter on one time frame, take profits on a lower one.
This script is intended to help understanding better and practice how to exit DCA deals that are in negative.
Multiple factors factors are relevant when trying to exit a bad deal:
How much funds are invested
What's the current average position price
How far the price has already dropped from that average
Is the price bouncing significantly and frequently to...
![AAPL: Ehlers Adaptive Relative Strength Index V1 [CC]](https://s3.tradingview.com/r/r7at5V3c_mid.png "Ehlers Adaptive Relative Strength Index V1 [CC]")
![BTCUSD: Crypto Scanner [MensaTrader]](https://s3.tradingview.com/y/yxSKkdFp_mid.png "Crypto Scanner [MensaTrader]")
![BTCUSD: Normalized Oscillators Spider Chart [LuxAlgo]](https://s3.tradingview.com/9/9K34g20s_mid.png "Normalized Oscillators Spider Chart [LuxAlgo]")
