The Trade and Vacation Party Time Indicator uses technical analysis methods such as the MACD and the RSI so you can make better; more informed investing decisions.
In order to use use the Trade and Vacation Party Time Indicator use the RSI to predict bullish and bearish patterns.
It's simple: for the MACD Price:
- Dark Green is Strong Bullish
- Light Green is...
Typical RSI indicators were plotted with candles and expressed wick to resemble a candle chart,
and linear regression was added to predict changes in force intensity,
which allowed us to confirm support and resistance within linear regression .
In addition, divergence signal was marked as an additional basis for the price fluctuation point due to support and...
Using this indicator you can easily view Divergence, and Market Tend in Mutitimeframe
NOTE: This is stranded RSI I only added colours for easy cath the market trend.
I'm not regarding anything with this indicator. All risk is yours
Thank you
Hello all,
To ease everyone's trading experience I made this script which colors RSI overbought and oversold conditions and as a bonus displays bullish or bearish divergences in last 50 candles (by default, you can change it).
Script is open source, part of code is from Trading View examples. If you have suggestions or you already made some improvements, please...
>> How to use this indicator :
1. Set your teadingview theme to dark theme.
2. My indicator is valid for forex, stock and but more valid for crypto.
3. Use three timeframe for more validation (choose between those, that fit to your trading style) :
- Timeframe 1m, 5m, and 15m for Scalping
- Timeframe 30m, 1h and 4h for Intraday
- Timeframe 4h, 1D and 1W for...
What is JaeRSI++
🥇 It is an indicator that detects and displays the RSI of the upper frame one step at a time
- It is no different from normal RSI but, u can see the RSI of the upper frame together
- Works based on 5m 15m 1h 4h 1d 1w
🥇Also, if the RSI is (over 70↗️) or (less than 30↘️), changes the background color
- If the background color is continuous,...
This Indicator use the calculated RSI of the top 13 stocks that have the highest market capitalization in SET:SET50 where suitable for TFEX trading( TFEX:S501! ) .
Conducted with 2 RSI period as follow:
RSI Main (14)
RSI Average (100)
How to use:
1) Use this Indicator by Crossover
If the RSI Main Cross UP the RSI Average can assume as BUY...
Description
The Code Runner is a hybrid indicator that leverages other pre-configured, integrated open-source algorithms to help traders spot regular and continuation divergences.
The Code Runner specialises in integrating some of the most popular oscillators well known for their accuracy when scalping using divergence strategies.
Uniqueness
The Code Runner...
Description
The Coordinator is an indicator developed on the back of the RSI algorithm, modified substantially to form a cloud. In addition, the Coordinator uses EMA/SMA to compare the location of the RSI cloud with the chosen moving averages (EMA vs SMA).
This indicator is helpful as it confirms when a trader should enter a position or exit based on the...
Description
The Litigator is an indicator that encapsulates the value delivered by the Relative Strength Index, Ultimate Oscillator, Stochastic and Money Flow Index algorithms to produce signals enabling users to enter positions in ideal market conditions. The Litigator integrates the value delivered by the above four algorithms into one script.
This indicator...
Have you ever considered combining rsi and tenkan?
The divergence in rsi and its combination with tenkan gives us a lot of signals.
To use this strategy, test once on the chart with this script.
The Parabolic RSI is a fusion between two of Welles Wilder Jr.'s indicators:
* The parabolic stop-and-reverse: A trend following overlay indicator.
* The relative strength index: A contrarian indicator bounded between 0 and 100.
The parabolic RSI applies the RSI formula on the parabolic stop-and-reverse which in turn is applied on the market price. The main aim...
The Relative Strength Index (RSI) is a momentum indicator that measures the magnitude of recent price changes to analyse overbought or oversold conditions. RSI values range from 0 to 100.
The Relative Strength Index (RSI) is calculated using the following formula: RSI = 100 - 100 / (1 + RS) Where RS = average gain of upward phases during the specified time frame...
so I decided to share this simple useful RSI indicator. you enter the level you think the current candle might hit or close at, it gives you the relevant RSI, how can you use it? you wanna find an EW wave5 but you are not sure which level is the final returning point, 1.128? 1.272 or 1.618 ?
simply write the level's price and it will tell you what rsi you will...
Regular RSI indicator that can underline divergences, turn green or red specifying user specified bull/bear zones, and with a label showing the price needed to turn bull/bear!
Specify the inputs:
+ RSI Length
+ Bull Threshold
+ Bear Threshold
+ Panel Position Offset
Also with toggle-able:
+ Bullish Divergence
+ Bearish Divergence
+ Hidden Bullish Divergence
+...
Script is extended version of usual RSI script
This script plots VWMA(RSI7) vs EMA(RSI7) under pre-set time frame.
Strategy is to make sure both points remain in the Green zone while entering into BUY position
Use it as indicator not as financial advice.
~ @imbharat
This is the updated version for PineScript V5
3x RSI indicator into 1. You can turn on or off all of them.
Each RSI has 2 individual Moving Averages that can also be changed to be "Full RSI" in the settings.
This makes 3x3 = 9 indicators on screen at the same time. (you can turn them on or off)
It has Bullish and Bearish divergence and hidden divergence as...
![BTCUSDTPERP: MOD RSI [KPM]](https://s3.tradingview.com/n/N1xtBmAG_mid.png "MOD RSI [KPM]")
