RSI With Optional Average @RknOur old fellow RSI , but with an average (Select among SMA, EMA or WMA) line in this version. When RSI crosses its average or the center (50) line it may be considered as a Buy and/or Sell signal.
Just coded for learning purposes. Anyone who think that an average line would be good on RSI is welcomed.
在腳本中搜尋"rsi"
RSI Averages BandThis indicator shows a band of EMAs of the RSI(14). The timeframe for the indicator here is hourly on a 10m chart, a shorter timeframe will produce a choppier band of averages that will resemble the actual RSI at this timeframe more closely.
The averages are coloured according to whether they are higher or lower than the preceding value for that moving average.
The blue RSI line travelling OUTSIDE the band of averages will tend to show higher price momentum, while rejection of an entry/exit into the band can be a strong signal of continuation/reversal as appropriate.
Happy Trading :)
RSI-Last-3-ExtremaThis script indicates when the current Relative Strength Index of the last 8 closes is beyond a level from center oscillation which signals the equity is likely to reverse course. When it is the lowest RSI reading of the prior 3 readings and below 25, a green vertical bar will appear signaling a potential BUY point. Likewise, the highest reading of the prior 3 RSI readings and above 75 will signal a vertical red bar or SELL signal. The bar has to have a final close price for the signal to be active. Reversal could take a few more bars to occur depending on the timeframe and equity symbol.
You will be able to find many charts that have this signal perfectly finding the top or bottom of a significant trend.
It successfully indicates profitable reversal around 80% of the time. So far, It is 85% accurate or better in determining downtrend start points on the Daily, 120, 60, 30 Minute charts according to the study of more than 10,000 occurrences. It is 86% accurate on the 30 Minute chart.
This is another tool I use in finding or confirming potential price action. Hope you find it useful.
To add this, favorite the script by clicking "Add to your Favorite Indicators" at the top of the code portion below. On your top tool bar is an "fx" button with a downward arrow to the right of it. Click on the downward arrow/caret and scroll down to "RSI-Last-3-Extrema". Click on this title and it should add to the bottom of your current chart. If you do not see BUY (green vertical bars) or SELL (red vertical bars) right away, try other charts and timeframes.
RSI + Kijun/Standard Deviation on RSIThe script is inspired by Bollinger bands but instead of applying them on the price, they are applied on a RSI oscillator. The standard deviation is not plotted against the average like in normal BBs but instead is based on median values (equivalent of a Kijun in Ichimoku ). The goal is to better identify excess in prices that offer good entering points. The usage of a median provides a clearer view of ranging market (ie. the line will be flat).
I use it for long-term investments on stocks to find "fair" entry points. After picking a list of stocks of interest based on fundamentals, I switch to a weekly view. If the stock RSI is under the bands, it indicates that we are in favorable conditions for a buy. For an accurate timing, you can switch to the daily chart and watch out for either a break or a reintegration in the bands. This is your signal.
Multi-RSI Trend IndicatorRSI 14 crosses up over RSI 250 when RSI 250 > 50 indicates a strong and high probability uptrend or reversal. Can be further confirmed by MACD Golden Cross.
RSI Double MTFCool little gudget of Multi time frame RSI with additional RSI. Both can be set to a different time frames.
Higher time frame (Second RSI) indicates the main trend by different colors - 'red' (down trend) and 'green' (up trend), where the first RSI can act as a normal RSI.
Suggestions/Questions or a thanks below :)
Follow for more updates and new indicators follow: www.tradingview.com
RSI week/month level on daily Time frame- You can analyse the trend strength on daily time frame by looking of weekly and monthly is greater than 60.
- Divergence code is taken from tradingview's Divergence Indicator code.
#Strategy 1 : BUY ON DIPS
- This will help in identifying bullish zone of the price when RSI on DAILY, WEEKLY and Monthly is >60
-Take a trade when monthly and weekly rsi is >60 but daily RSI is less thaN 40.
RSI Cross for BTC DominanceIn order to get stable alt-coin investments, the BTC dominance (BTC.D) is of parmaount importance.
With this script, I plotted both RSI (28) and the EMA (9).
Whenever the RSI is decreasing and is below EMA, alt-coins are more likely thrive.
Viceversa, when the RSI is mounting the is at least 10% above the EMA, BTC is growing in dominance.
RSI + MFI - Crypto Bull and Bear market A fancy styled version of the RSI (Relative Stochastic Index) + MFI (Money Flow Index) oscillators in order to emphasize buy and sell opportunities.
The 80 and 20 Bands are meant to be used in Bull or Bear markets. Better performing in D timeframes.
The circles represent the cross between RSI and MFI .
Designed for Crypto Markets
Thanks @micheleprandina
Credits:
RSI & Volume Coloured BarsCandles get darker when volume is high, and brighter when volume is low. They are red or green depending on whether the RSI is above or below a threshold value, or alternatively you can pick a more vanilla coloring based on current close vs last close or last open.
For personal use as I enjoy the aesthetics of it. The more solid RSI coloring helps highlight the brightness variations from changing volume and makes trends crystal clear.
Inspired by "Volume Based Coloured Bars" by KivancOzbilgic:
and by and by RSI bars chart by taskman9:
RSI 50 BackgroundThe script changes the background depending on the RSI 14 values. If RSI 14 values is above 50 the background is green and if RSI value is below 50, the background will be red.
RSI Divergence (Pine v4)Summary
Script highlights the divergences in RSI worth taking notice of. By comparing current envionment to relative sample we can see more than
the standard divergences that many catch through analysis. This framework aims to remove the bias or noise many see when looking for any supporting
evidence to their given emotion on a market.
Step-by-Step Walkthrough
Calculates RSI
Sets Divergence Framework
-------> a. Defining variable values, mandatory in Pine 4)
-------> b. Identify Divergences --> "If bar with lowest / highest is current bar, use it's value"
Compare high of current bar being examined with previous bar's high --> "If curr bar high is higher than the max bar high in the lookback window range"
Finds pivot point with at least 2 right candles with lower value
Finds pivot point with at least 2 right candles with lower value
Plot
Set Alerts
This RSI Script is intended for public use and can be shared / implemented as needed
Questions? I do not monitor my TradingView inbox. See email address in signature at the bottom of this page for contact information.
RSI + EMA+ MTF Stop-LossThis is a simple RSI with multiple MTF (No security) to help with direction short and long-term.
The rsi for the current chart has a noise reduction, while the rest are based on ma's.
I have supplied an extra flexible mtf rsi ma for potential adjustable/long-term stop-loss or direction identification.
Enjoy
RSI Top & Bottom Warning [aamonkey]An enhancement of my RSI Bottom Indicator.
This one finds you Tops & Bottoms.
This indicator uses the RSI and prints you top & bottom warnings directly on the price chart.
The other special thing about this is that the RSI pulls the data from the weekly chart no matter on what timeframe you are on.
The preferred timeframe can, of course, be changed in the settings as well as any thresholds for tops and bottoms.
The default settings are very good for btc, but be free to try and test this indicator with different settings on different charts.
RSI Bands %BThis is again a lazy bear script that has been lost due to the removal of the "make it mine feature".
please credit
If you see any of his great scripts that are no longer accessible message me and I will see what I can do.
Rsi candlepivThis indicator has 3 part
1. bullish and bearish zone based on % channel
2. Rsi candles
3. pivot system that based on rsi candles high and lows mark in red and blue arrow
together it can give estimate about your potential trade in more easy way. so it little more sophisticated RSI system
RSI and A/D StrengthThis is an edit of Chris Moody's EMA of RSI script see the original here:
The edited version has an accumulation distribution line as well as well as two SMAs
If you want a detailed look at how I use ADX and DI along with it to enter/exit please see the following video and article
youtu.be
bitcointradingtoday.com
RSI MFI with alertsModified from the various scripts I've found on TradingView. This scripts adds alerts for oversold overbought conditions. It also has the ability to add in another RSI at a different time interval.
I've also added an MFI with bollinger bands to the chart to preceed the RSI. This can sometimes tell you the direction the RSI is moving. usually when it is out of the bollinger bands on the MFI the price/RSI tends to slow.
RSI & Stochastic RSIRSI and Stochastic RSI Same Chart
Turn on StochRSI crossover signals
Customizable values
RSI and Stoch RSI Midline Crossover ArrowsPuts arrows on chart when RSI crosses over 52 and also when Stoch RSI crosses up 52 based on Warsnop strategy.
RSI CaveGives the same info as a conventional RSI oscillator except it's shown as a scary cave that price is trying to avoid touching. An indicator for the more visual traders out there. With thanks to LazyBear for the RSI band code.
I've included an RSI in the chart above for demonstration purposes.
RSI Candles (with wicks)The script adds wicks to the RSI candle indicator.
It is based on the RSI candle indicator by cI8DH.
Note that the definition of these wicks is not unique.
The implementation uses an RSI calculated from the highs and lows for the wicks.