This is RSI indicator which is more sesitive to price changes.
It is based upon a modern math tool - Laguerre transform filter.
With help of Laguerre filter one becomes able to create superior
indicators using very short data lengths as well. The use of shorter
data lengths means you can make the indicators more responsive to
changes in the price.
...
I decided to make this formerly invite only script public (you can find the invite only version here
If you are part of the invite only you don't need to change scripts. I will push improvements first on the invite only script but in time it will come to this version as well.
I would love to know your ideas and thoughts on how this indicator can be improved, so...
This is a very simple script that plots signals on the chart whenever the RSI crosses the given threshold. Nothing fancy, but it is useful for deciding when to exit trades or prepare for pullbacks or for confirming that the market is currently in the middle of an extremely impulsive move or trend. It has alert functionality and you can set the overbought/sold...
rsi has 2 line. 30 and 70.
but we can use BB instead of that.
i dont know it is good idea or not.
cause i rarely use rsi.
anyway if you are interested in it, you can try :)
enjoy and earn money.
This indicator combines two separate Simple RSI indicators so you can show different periods together, as well as an ADX indicator with DI+ and DI-. I prefer to use one indicator to show the whole thing, instead of stacking the individual indicators.
RSI with dots and red color when leaving the zone + sma. Just for convenience =)
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RSI с точками и красной окраской при выходе за зону + sma. Просто для удобства =)
Another basic strategy most people learn at the beginning of their trading carreer (like me) is the RSI strategy. This is an adaptation of the built-in RSI strategy for use in binary options. Who knows, maybe one day i will graduate to CFD trading, but my time for trading in general is limited at the moment and I am very much still at the beginning of this entire...
This is a modified version of the base RSI indicator, which uses the Wilder's calculation with exponential MAs. This version uses simple MAs. Simple RSI is one of the indicators required for the Green Goose trading strategy, which you can learn about from OptionsPlayers.com .
The Laguerre RSI Indicator is a modification of the well-known relative strength indicator or RSI. John F. Ehlers, the famous trader who created the Laguerre RSI, tried to avoid whipsaws (noise) and lag produced by smoothing technical indicators by applying a filter and some changes to the original relative strength indicator. The result is a technical indicator...
Triple Exponentially Smoothed RSI by Mauritz van der Walt
If you like this idea, find it useful or use it anywhere please inform me @ www.tradingview.com
I use the RSI primarily for divergences and was in need for something more smooth to spot divergences easier without...
Triple Exponentially Smoothed RSI by Mauritz van der Walt
If you like this idea, find it useful or use it anywhere please inform me @ www.tradingview.com
I use the RSI primarily for divergences and was in need for something more smooth to spot divergences easier without adding too much lag. Therefor I decided to use a Triple Exponential Moving Average (TEMA) to...
![OMGBTC: rsi with bb [or]](https://s3.tradingview.com/g/geyTYhgK_mid.png "rsi with bb [or]")
![EURUSD: [M] RSI_dots + SMA](https://s3.tradingview.com/r/r84CAOeC_mid.png "[M] RSI_dots + SMA")
