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Advanced CRSI with Buy/Sell Signals

This is a custom indicator based on the Connor's RSI (CRSI) concept. It's designed to identify overbought and oversold conditions to generate potential buy and sell signals.
How it works: The indicator is a composite of three components:
RSI of Price: A standard RSI calculation on the closing price.
RSI of Up/Down Streaks: An RSI on consecutive up or down closes, which helps measure momentum.
Percentage Rank of ROC: This component measures the rate of change and is used to identify strong moves.
Features:
Ideal for: Swing traders and day traders looking for an oscillator to confirm entry and exit points.
How it works: The indicator is a composite of three components:
RSI of Price: A standard RSI calculation on the closing price.
RSI of Up/Down Streaks: An RSI on consecutive up or down closes, which helps measure momentum.
Percentage Rank of ROC: This component measures the rate of change and is used to identify strong moves.
Features:
- Plots the combined CRSI value.
- Visualizes buy and sell signals directly on the chart using colored triangles.
- Includes adjustable oversold and overbought levels for customization.
- Provides alerts for potential trading signals.
Ideal for: Swing traders and day traders looking for an oscillator to confirm entry and exit points.
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。
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。