OPEN-SOURCE SCRIPT
PrivacySmurf's RSIs
已更新
The primary RSIs that I use for analysis.
Default is a Cyclic Smoothed RSI with adaptive bands. Smoothing according to the market vibration is applied to the RSI to cut out the noise and false signals. Instead of traditional overbought and oversold lines, bands are plotted by measuring the recent cyclic activity. This creates overbought and oversold regions reflective of the current market, thus more responsive and can identify smaller, quicker turns.
Price will often react in the direction of the broken bands. Timing using this RSI for bullish entries would be looking for bullish price action candle patterns when the rsi crosses above the bottom band and looking for bearish price action candle patterns when the rsi crosses below the top band.
Optional settings available:
Traditional RSI
Either RSI's with traditional 70/30 bands
Alerts for entering overbought and oversold territory
Cheers,
PrivacySmurf
(Sorry for all the reposts. I'm horrible at complying with the TV script publishing guidelines. I hope I got this one right.)
----------------
To get more in-depth information on the Cyclic-Smoothed RSI, please read Chapter 4: "Fine-tuning Technical Indicators" of the book "Decoding the Hidden Market Rhythm, Part 1" by Lars Von Thienen.
Default is a Cyclic Smoothed RSI with adaptive bands. Smoothing according to the market vibration is applied to the RSI to cut out the noise and false signals. Instead of traditional overbought and oversold lines, bands are plotted by measuring the recent cyclic activity. This creates overbought and oversold regions reflective of the current market, thus more responsive and can identify smaller, quicker turns.
Price will often react in the direction of the broken bands. Timing using this RSI for bullish entries would be looking for bullish price action candle patterns when the rsi crosses above the bottom band and looking for bearish price action candle patterns when the rsi crosses below the top band.
Optional settings available:
Traditional RSI
Either RSI's with traditional 70/30 bands
Alerts for entering overbought and oversold territory
Cheers,
PrivacySmurf
(Sorry for all the reposts. I'm horrible at complying with the TV script publishing guidelines. I hope I got this one right.)
----------------
To get more in-depth information on the Cyclic-Smoothed RSI, please read Chapter 4: "Fine-tuning Technical Indicators" of the book "Decoding the Hidden Market Rhythm, Part 1" by Lars Von Thienen.
發布通知
Version 2:Updated to Pinescript Version 5
To make the script more intuitive I swapped the fill colors on overbought and oversold regions.
Entering overbought territories will typically align with price increases (green fill).
Enter oversold territories will typically align with price decreases (red fill).
Best bullish entries on RSI with adaptive bands come when both bands are below (or near) the midline and RSI breaks above.
Best bearish entries on RSI with adaptive bands come when both bands are above (or near) the midline and RSI breaks below.
---
Added option to plot midline.
Fixed Traditional RSI overbought/oversold fill plot error.
發布通知
Version 2.1Added titles of plots for easy identification and personal modification
發布通知
v2.2 Adjusted adaptive band calculations開源腳本
在真正的TradingView精神中，這個腳本的作者以開源的方式發佈，這樣交易員可以理解和驗證它。請向作者致敬！您可以免費使用它，但在出版物中再次使用這段程式碼將受到網站規則的約束。 您可以收藏它以在圖表上使用。
想在圖表上使用此腳本？
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。