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Hancock - Floating O/B O/S IFT RSI T3MA
This is a version of the Inverse Fisher Transform Relative Strength Index with floating oversold and overbought thresholds.
Configurable parameters:
RSI length - This is the period used for the RSI .
RSI Smooth Length - This is the smoothing period of the Weighted Moving Average used for the smoothing in Inverse Fisher Transform .
RSI Threshold Period - This is the period used for calculating the floating oversold and overbought thresholds.
RSI Overbought - Configures the overbought threshold (80% default).
RSI Oversold - Configures the oversold threshold (20% default).
T3 Smoothing - Enabling this applies T3MA smoothing to the RSI.
T3 Length - This is the period used for the T3MA smoothing of the RSI.
T3 Factor - This is the factor used for the T3MA smoothing of the RSI.
RSI line breaching the thresholds are clearly indicated by filled chart plots.
An inverse Fisher transform of RSI is designed to enhance the extremes (overbought and oversold zones), in combination with floating thresholds this version allows faster and cleaner trend detection and identification. With additional smoothing, false signals can be avoided. As with any other indicator some experimenting with parameters is advised (in order to find optimal settings for symbol/time frame pair).
Happy trading folks!
Hancock
Configurable parameters:
RSI length - This is the period used for the RSI .
RSI Smooth Length - This is the smoothing period of the Weighted Moving Average used for the smoothing in Inverse Fisher Transform .
RSI Threshold Period - This is the period used for calculating the floating oversold and overbought thresholds.
RSI Overbought - Configures the overbought threshold (80% default).
RSI Oversold - Configures the oversold threshold (20% default).
T3 Smoothing - Enabling this applies T3MA smoothing to the RSI.
T3 Length - This is the period used for the T3MA smoothing of the RSI.
T3 Factor - This is the factor used for the T3MA smoothing of the RSI.
RSI line breaching the thresholds are clearly indicated by filled chart plots.
An inverse Fisher transform of RSI is designed to enhance the extremes (overbought and oversold zones), in combination with floating thresholds this version allows faster and cleaner trend detection and identification. With additional smoothing, false signals can be avoided. As with any other indicator some experimenting with parameters is advised (in order to find optimal settings for symbol/time frame pair).
Happy trading folks!
Hancock
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開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。