This strategy uses the RSI indicator and the Bollinger Bands to identify trade entries while using the ATR to determine stop-losses. The strategy only triggers when both the RSI and Bollinger Band indicators are both either overbought or oversold.
This indicator is free to use. Trade at your own risk.
// Strategy based on Relative Strength Index (RSI) and Exponential Moving Average (EMA)
// Greatest effect on 15M+ time frame
// Created and based on Binance chart
// Working with comission
// No repaints
Check the settings to see how the filters work. I added alerts and a feature that shows the divergences that have been filtered, but as faded "ghost" divergences. Spooooky. This is useful for tuning the script to a particular market. All credit to RicardoSantos for the original.
Free to use RSI and Stochastic RSI, combined within one indicator.
The RSI and Stochastic RSI are two of the most commonly used and respected indicators in trading technical analysis. By placing them on top of each other you can save valuable space on your chart and stay more easily within your TradingView indicator limit.
The RSI is bright blue, with the...
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//By Tantamount
//Channel Commodity Index (CCI) with overbought and oversold alert features! Highly configurable indicator that includes a Topography map feature, used to detect & show minute threshold crosses.
//CCI is a momentum based technical trading tool used to help determine when an asset is reaching an overbought or oversold condition and is...
This is a combined oscillator indicator which includes:
Relative Strength Index ( RSI )
Money Flow Index ( MFI )
Stochastic or StochasticRSI
In addition there are some advanced features including:
Custom time frame (Have the indicator running 5 minute candles while on a 1 hour chart)
Highlight Overbought/Oversold (The intensity of highlight changes...
It reduces our noise of traditional RSI and has an active "45-55 "NSI Region to trade, which is pretty good for smaller consolidations.
Hope you like it.
Thanks
A collection of the following indicators:
*Connor's RSI
*RSI
*Stoch
*Stoch by Ehler
*Stoch RSI
*Stoch RSI by Ehler
The last four have long and short conditions and there are plenty of options to change the indicators to the ticker and timeframe.
Hey!
I have been working on this script the lasts days, it's a collaboration with an uruguayan mate.
#####IMPORTANT#####
* It has been optimized for 4h charts, use it on other at your own risk.
* Always use Stop Loss, since it might give false signals after a long trend.
* I'm still working on it, I'm going to add candlestick pattern filtering.
Thanks for your...
