RSI_3lines_TheSwedRSI script with 3 lines. Also added lines: 90, 80, 20 and 10 to the script as I use this for trading.
Rsi_divergence
Stochastic RSI-3 [vitrella]Тройной индикатор "относительной индекс силы". В одном окне сразу три графика с разными диапазонами. Это позволяет одновременно смотреть динамику в разных диапазонах. Красная линия самая быстрая, зеленая -средняя, синяя самая медленная. Когда линии расходятся, то это показывает силу движения, а схождение линий гововит о замедлении. Таким образом, появляются новые возможности использования старого индикатора. Кроме того, перекрещивание линий указывает на разворот тенденции.
CDC RSI Divergence 15-10-2016An updated version of CDC RSI Divergence
The last version have fixed reversal amount to weed out false signal.
The reversal amount, however, needs to be calibrated to different chart.
The new one uses ATR instead, user can customize the ATR multiplier.
THIS IS NOT A TRADING SIGNAL SYSTEM
though it can be used in such a way it is not designed to.
The system helps identify Bullish and Bearish Divergence to help trader change their bias accordingly and should be used in conjunction with a trend following signal.
BULLISH DIVERGENCE is displayed with a green fill over 50 line.
BEARISH DIVERGENCE is displayed with a red fill under 50 line.
The indicator start on the bar where divergence is detected and persists for another 25 bars for easy regcognition.
CDC RSI DivergenceThis script alerts when a bullish or bearish divergence occurs.
The alert have minor repainting so do not use this as an entry / exit signal
but rather a guideline to be considered with other indicators. (MACD for example)
eRSI++Contains RSI; EMA of RSI; EMA of EMA of RSI; Stochastic Oscillator; 2 Inverse Fisher Transforms on RSI - IFRSI89 and IFRSI233 XOVER on higher timeframes from oversold/overbought is useful signal; RSI Trend/Divergence Candles with color variation based on multiple RSI length detection of trend decay; Chart candle overlay coloring based on RSI, eRSI, and eeRSI EMA55 & EMA233 Xover indicator on bottom for trend direction with color variations for counter trend movements.
Relative Projected EmaI realized that I can use my PEMA indicator () as ocillator too, so I created this indicator.
Good to compare top and bottom (get divergences), and oversold and overbought areas (like RSI).
If you liked, send me a small amout of bitcoin to 1NR9tyn8tAn6nuQzosaZ2SkfT38PLxN5mf it will encorage me to create other indicators open source.