INVITE-ONLY SCRIPT
Strength Index I2-SI
Diupdate
Idea:
Enhance the Stoch RSI with DMI to get the visualization of the strength movement.
Concept:
(Note that we take the close to get the closing price).
-Combination of 2 Stoch RSI (using value K): 1 is UP, 1 is DOWN (these settings have been customized).
-Every time they cross, it calculates the direction of 3 nearly previous crossings to get the color of the current line.
-The value has been re-calculated with the processed value from ADX and DI- (That's why it can be more than 100 or -100 in some cases).
-RSI Overbuy and oversell are removed because the value could be beyond it.
How it works:
1. The line is show as the strength index of bars
- Green means the up strength is strong.
- Red means the down strength is strong.
- Gray means the previous strength is getting week.
2. This one can be used to find divergence.
3. This indicator provides a warning signal when the color of the line changes:
- Change color:
+Turn red: "Down Red"
+Turn green: "Up Green"
+Turn gray: "Down Gray"/"Up Gray"
Suitable time frames:
15m, 4h, 1D, 1W
* Please note that this logic does not attempt to predict future prices or 100% accurate signal.
(INVITE ONLY indicator. Please direct message or visit website if you want to try it out)
Hope you guys enjoy!
Examples:
BTCUSD 1D
XAUUSD 4H
EURUSD 1H
SPX 15m
Enhance the Stoch RSI with DMI to get the visualization of the strength movement.
Concept:
(Note that we take the close to get the closing price).
-Combination of 2 Stoch RSI (using value K): 1 is UP, 1 is DOWN (these settings have been customized).
-Every time they cross, it calculates the direction of 3 nearly previous crossings to get the color of the current line.
-The value has been re-calculated with the processed value from ADX and DI- (That's why it can be more than 100 or -100 in some cases).
-RSI Overbuy and oversell are removed because the value could be beyond it.
How it works:
1. The line is show as the strength index of bars
- Green means the up strength is strong.
- Red means the down strength is strong.
- Gray means the previous strength is getting week.
2. This one can be used to find divergence.
3. This indicator provides a warning signal when the color of the line changes:
- Change color:
+Turn red: "Down Red"
+Turn green: "Up Green"
+Turn gray: "Down Gray"/"Up Gray"
Suitable time frames:
15m, 4h, 1D, 1W
* Please note that this logic does not attempt to predict future prices or 100% accurate signal.
(INVITE ONLY indicator. Please direct message or visit website if you want to try it out)
Hope you guys enjoy!
Examples:
BTCUSD 1D
XAUUSD 4H
EURUSD 1H
SPX 15m
Catatan Rilis
Fixing some bug about line color change.Catatan Rilis
Separate into many terms possible to:1. Draw bias.
2. Detect divergence.
Skrip hanya-undangan
Akses ke skrip ini dibatasi hanya bagi pengguna yang telah diberi otorisasi oleh penulisnya dan biasanya membutuhkan pembayaran untuk dapat menggunakannya. Anda dapat menambahkannya ke favorit anda, tetapi anda hanya akan dapat menggunakannya setelah meminta izin dan mendapatkan aksesnya dari pembuat skripnya. Hubungisteadforwardx untuk informasi lebih lanjut, atau ikuti instruksi penulisnya dibawah ini.
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Instruksi penulis
″Please direct message or visit website to try it out.
Inggin menggunakan skrip ini pada chart?
Peringatan: harap membaca sebelum meminta akses.
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