Divergence OBV RSI[mado]Divergence screener for OBV RSI
Regular Bullish: "D" navy label
Hidden Bullish: "H" navy label
Regular Bearish: "D" red label
Hidden Bearish: "H" red label
Rsi-2
MFI RSI w STOCH OVERLAY V3Combines: Relative Strength (purple) and RSI Stoch (Orange/gray), Money Flow (green) all in one indicator window.
On screen indicator text identifier will read in this order: "RSI/STOCH/MFI V3"
// Changes from original version \\
It was important to bring forth the RSI indicator as the most visually important line and its relationship to the background.
A: Major visual changes from my first published one..as default now
1: Increased RSI line to size 3
2: Increased MFI line to size 2
3: Separated all Bar Line Fields in the background for custom editing, total of 5 now. Much easier to distinguish when the RSI enters these fields.
B: Other major changes as default now
1: Sped up the indicators from 14 to 11, for quicker response. (user can adjust back to 14 or another number)
2: Increased user friendly inputs to adjust colors, lines, data, etc.
3: (darken / lighten and change background colors, increase/decrease line strengths and colors, adjust field data inputs)
Enjoy and Good Luck Trading.
DW-RSI EMA with EMA of RSIThis is an RSI Oscillator with an EMA of the RSI for a signal line. The RSI line is Green when above the signal line and Red when below the signal line.
This does not use the traditional 30% / 70% over sold / over bought analysis. Therefore the levels are not shown.
The analysis is this:
When the RSI is above the signal line then price has a bullish bias.
When the RSI is below the signal line then price has a bearish bias.
I wrote use this for Forex Spot Currencies where I feel overbought and oversold may be less valid than it may be in other markets such as stocks.
As with all indicators, do not use as your sole reason to enter the market, but use with other indicators or price action signals to get a confluence of signals to confirm your entry.
I use it with an 8, 21 and 50 EMA to confirm entry and exit. I give it more weight for exits than I do for entries.
DELTA7 StrategyStrategy Tester Script for DELTA7. It includes all strategies in main scripts.
However, be aware that DELTA7's main purpose was designed to be an analysis tool system and not a signal bot.
DELTA7 System is a full-featured system with advanced chart-overlay and one augmented RSI oscillator that doesn't require any further indicators.
It's a complete solution focused on being simple and minimal for a traders/investors that want to make decisions based on momentum, trend, price and market structure.
Main scripts are found at
These indicators have been published for private-use and paid customers. Access cannot be granted to anyone else.
Thanks.
RSI w/ MAs & Divergences (Alert)This script fires off real-time RSI Divergence alerts.
To best use the RSI Divergence indicators, adjust the following settings accordingly.
• RSI Bullish Divergence Under: 20 – 45 (lower for larger volatility and more bearish markets)
• RSI Bearish Divergence Above: 55 – 80 (higher for larger volatility and more bullish markets)
Key Notes:
1. Set "Once Per Bar" instead of "Once Per Bar Close" alert.
The strategy already uses prior bar close (instead of current bar close) for calculation. This ensures that the signals will stay as they are after fired off, even when the current bar price is still changing.
2. It's OKAY to see the "alert may trigger differently than expected" warning.
Reason why you are seeing this warning is because we used a function called valuewhen() in our strategy. This function does not look at the entire history of data and has several limitations. For instance, on a 30min resolution, at the end of 2018, the function will be able to find past occurrences of BTC exceeding 16k. However, the function won't be able to find such occurrences at the end of 2019. Since our strategy is only concerned with very recent events, these limitations will not impact our results or cause repainting. You can find out more about this in the TradingView Wiki .
RSI w/ MAs & DivergencesTo best use the RSI Divergence indicators, adjust the following settings accordingly.
• RSI Bullish Divergence Under: 20 – 45 (lower for larger volatility and more bearish markets)
• RSI Bearish Divergence Above: 55 – 80 (higher for larger volatility and more bullish markets)
THIS SCRIPT DOES NOT REPAINT AND IS COMPLETELY FREE.
RSI with Moving Averages[UO]This RSI indicator is one of my favorite indicators. This powerful indicator is implemented by Phi-Deltalytics. I modified the drawing so that it is easier (at least for me) to see the signals and trends (it would not matter if you're doing algorithmic trading).
Trends and signals. For detailed instructions and tutorial see Phi-Deltalytics page
Gaussian MFI BFThe signals are based on the Gaussian Channel calculated by Donovan Wall. Thanks also to Kiasaki for Rate of Change code.
Simply going long and short based on Gaussian channel was not consistent enough so I also included an MFI filter. We only go long if Money Flow Index is greater than the last candle (more money is flowing in than out). The opposite for short. Also employed Rate of Change function (white background) to avoid sideways market.
A 2% stop loss seems to be the most balanced for this strategy but can can altered in the settngs.
Also included a take-profit function but it seems this is best not implemented for this strategy, at least in the case of XBT/USD.
A derivative of The MFI is also plotted on the chart simply to compare the current candle with the last candle visually.
Background color:
Green = Long
Red = Short
White = No Trade
StochRSI 𝝙Enhanced version of StochRSI inspired by my premium RSI Delta script.
Check my premium advanced indicators:
VSH_RSICDRSI Convergence Divergence Histogram (only) inspired by VSH_RSI and traditional MACD but purely based on RSI.
Not only does decent job capturing momentum transition (base cross) but can also be used to identify cleaner divergences.
RSI Shaded - MTF
Non-repainting multiple time frame RSI with shading of overbought and oversold levels.
Includes option for simple moving average smooth of the RSI (Larry Connors)
Includes option to plot the EMA of the RSI
Related to RSI Shaded .
For other multiple time frame indicators see:
Adaptive ATR-ADX Trend
Fisher Transform MTF
ADX-DI MTF
Laguerre RSI MTF
OBV AverageThis study calculates the OBV and enables the ability to get the SMA of an OBV with a dynamic value of lookback set.
[CS]_ColorCode_V1 Multitimeframe Cardwell ReversalsToday I decided to create a powerful indicator for helping in identifying trend continuation and reversals using Cardwell's famous techniques.
For the whom interested Cardwell's work is widely presented in different textbooks such as "John Hayden" The Complete RSI Guide and accessible online.
From "John Hayden" The Complete RSI Guide:
Wilder (Author of RSI) states in his opinion that the greatest value of the RSI is in pointing out a divergence between the graphs for the RSI and price behavior. Their graphical behavior reveals a bullish divergence (or as he calls
it a bottom failure swing) when the price makes a new low, while the RSI continues under 30 and fails to make a new low. When the RSI proceeds to exceed the previous RSI peak, a short-term buy signal occurs
according to Wilder.
However, what the average investor comprehends is a small part of the dynamic overall picture. For example, if the range effectively shifts in a bull market so
that 80 is overbought, then Andrew Cardwell realized that the support level must also shift. Inversely if the oversold level in a bear market will shift down to 20, then the resistance level in a bear market must also
shift.
Another tools I prefer to use to indicate trend is moving averages, the standard workhorse used by most technical traders. Moving averages are valuable, as they will remove the volatility from whatever they are
calculated from. For example, calculating a moving average based on the RSI, effectively removes the volatility and gives a smoother signal. In fact, the trend can be confirmed by calculating a 9 period simple
moving average and a second 45 period weighted moving average on both the RSI and price.
From Cardwell's famous RSI Workbook, when the:
1. The 9 period on price is above the 45 period on price, and The 9 period on RSI is above the 45 period on RSI the trend is up.
2. The 9 period on price is below the 45 period on price, and The 9 period on RSI is below the 45 period on RSI the trend is down.
3. The 9 period on price is above the 45 period on price, and The 9 period on RSI is below the 45 period on RSI the trend is sideways to up.
4. The 9 period on price is below the 45 period on price, and The 9 period on RSI is above the 45 period on RSI the trend is sideways to down.
Since the RSI is more volatile than the price, the 9 period simple moving average (SMA) on RSI will cross its respective 45 period weighted moving average (WMA) before the 9 period (SMA) on price will cross its
respective 45 period moving average. I place more emphasis on the moving averages based on price than those based on RSI. Staying aware of what the moving averages are doing will help you to stay focused on
the overall trend. When I am talking to another trader, I will often say that the moving average on price is positive.
This implies that the short term, 9 period SMA is, above the longer term, 45 WMA. The largest moves will frequently come when both moving averages are moving in the same direction. One more thought on
moving averages. You will find the moving average 45 WMA will prove to be support or resistance on both price and RSI. For example, you will often see a bullish market retrace to its respective 45 period
moving average (price and/or RSI). When this is observed it is another sign of what the trend actually is.
On the indicator:
1. is represented in Green Color
2. is represented in Red Color
3. is represented in Light-Green-Grey
4. is represented in Light-Pink-Grey
1. + Overbought (RSI Above 80) is represented in Acqua
2. + Oversold (RSI Below 20) is represented in Purple
1. + RSI Turned Bearish (RSI Below 50) is represented in Orange
2. + RSI Turned Bullish (RSI Above 50) is represented in Blue
In Addition a counter is displayed about the positives or negatives timeframes and an average line is computed across timeframes with green / red color comparison.
Timeframes are specified in the indicator panel and are the following:
- Weekly
- Daily
- 12h
- 4h
- 2h
- 1h
- 30 min
Enjoy,
CryptoStatistical
TH_Price+ HistogramPrice plotted into centralized oscillator normalized via 7/14 moving averages. The Histogram reveal longer trends while flags warn for early entry/exits. This script has been backtested with astonishing results particularly on 4H and Daily timeframes.
You can use this in combination with Hull+ or Delta Map (Premium), RSI+ or RSI Delta (Premium) and also OBV+ Histogram for stronger confirmations.
MFIww MFI/RSI_v2[wozdux]A new version of the indicator Mfi_v2. Added new control parameters.
tt - the averaging period of the volume.
Len - the period for calculating the MPI.
nn-averaging period MFI (blue line). level-critical levels from below and above (black horizontal lines).
Level 0 or 50 - switch between different histogram views with the middle at either level 50 or level 0.
key level-key to remove black critical levels.
key ema (MFI, nn) - key to remove mfi averaging (blue line).
key color-key to remove histogram coloring.
key colomns a-line - key switching modes represent the mfi histrogram or line.
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Новая версия индикатора MFIww_v2. Добавлены новые управляющие параметры.
tt- период усреднения объема.
Len - период вычисления MFI.
nn- период усреднения MFI (голубая линия).
level- критические уровни снизу и сверху (черные горизонтальные линии).
Level 0 or 50 - переключение между разными представлениями гистрограммы с серединой либо на уровне 50 , либо на уровне 0.
key level- ключ убрать черные критические уровни.
key ema(mfi,nn) - ключ убрать усреднение mfi (голубая линия).
key color- ключ убрать расцветку гистрограммы.
key colomns-line - ключ переключения режимов представления mfi гистрограммой или линией.
pooya AVG RSIThis is an RSI range for the most popular index in FOREX:
EUR
USD
GBP
JPY
AUD
CAD
CHF
NZD
comment your opinion
MFIww2 MFI/RSI [wozdux]Bill Williams indicator (MFI).
The indicator calculates the range of oscillations per unit volume. In fact, this indicator shows the tick volume or the readiness of the market to move the price.
The indicator is presented as vertical columns or as a line with levels.
Vertical columns are painted in different colors depending on the displacement of the indicator and the displacement of the volume. The indicator can increase or decrease (+-). The volume can also increase or decrease (+-). The combination of these factors generates four types of indicator columns.
++ lime
+- dark green
-+ red
-- orange
The red bar on Williams is a squat bar. This bar is important for market reversal indication.
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Индикатор Билла Вильямса (MFI).
Индикатор вычисляет диапазон колебаний на единицу объема. Фактически этот индикатор показывает тиковый объем или готовность рынка переместить цену.
Индикатор представлен в виде вертикальных колонок или в виде линии с уровнями.
Вертикальные колонки раскрашены в различные цвета в зависимости от смещения индикатора и смещения объема. Индикатор может увеличиваться или уменьшаться (+-). Объем также может увеличиваться или уменьшаться (+-). Сочетание этих факторо порождает четыре вида столбиков индикатора.
++ салатный
+- темно-зеленый
-+ красный
-- оранжевый
Красный столбик по Вильямсу есть приседающий бар. Этот бар важен для индикации разворота рынка.
RSI Cross by uykusuzpenguenRSI Cross Explanation;
It's simple,
When short-term RSI crossover long-term RSI ; BUY ( Green Area )
When short-term RSI crossunder long-term RSI ; SELL ( Red Area )
You can change RSI lenghts or moving average lenght on settings.
If you knew that, you would sell all your bitcoins at a price of $13.500 and not look back on 8th January.
Happy trading.
OBV CB RSI DIVERGENCE - HSDShows divergence spikes between OBV and Constance Brown RSI
Trade in the direction of the obv trend when it spikes
Includes LazyBear code and A&E's help - very much appreciated
Useful for all markets n instruments, i guess
StochRSI+StochRSI+ is a Stoch RSI study enhanced with some background highlights and flags to enhance the visual reading of standard oscillator.
Default Settings:
RSI: 13
Stoch RSI: 13
%K: 3
%D: 3
Oversold: 20
Extended Oversold: 7
Overbought: 80
Extended Overbought: 93
Activate Highlights and/or Flags for:
- Stoch RSI Oversold/Overbought. (Default: Active)
- Stoch RSI Extended Oversold/Overbought. (Default: Active)
- %K crosses %D. (Default: Inactive)
RSI MACD+RSI MACD is a typical MACD indicator with RSI as its source, instead of price close.
Enhanced with signals whenever crossings occur.