I'm a fan of "less is more". This indicator doesn't mess up your chart with lines, symbols, moving averages or such; it doesn't even add another oscillator in a separate window, letting you focus only on what is most important: price action. It will silently do its job by plotting an arrow (upward arrow for long triggers and downward arrow for short triggers)....
modified version of "CM_RSI_2_Strat_Lower_Indicator". credit to CM for the hard work.
updates:
1. now includes inputs for SMA values and RSI values
2. contains option to trigger Alerts.
how to trigger alerts?
-In First Drop Down Box Select Name of Indicator
-In Drop Down to Right Select “RSI Alert....”
-Then Select “Greater Than”.
-Then Select “Value”
-To the...
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...
Like Volume-Spread-Analysis , this plot is an attempt to show a little of the candle's feeling.
Some people say that "the most important thing is closure", but we can read some patterns on the RSI candle. And if we use volume changes, it can sometimes make the pattern reading clearer. This indicator is intended to help as a support.
The technique is simple: an...
An inverse fisher transformation of a modified RSI plotted against a smoothed version of itself.
The general trading rules of this indicator are as follows:
1. if the histogram is > 0 and above the line and is green; buy
if the histogram is > 0 and is below the line (green or gray); sell buy position
2. if the histogram is < 0 and below the line and is red;...
