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 =)
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The Texas 2 Step is a lower indicator (arrows on candles added for reference) based on the RSI-2 Strategy made famous by Larry Connors.
I use this indicator for:
Timing Entries and...
[ ---> ZOOM IN THE CHART TO GET BETTER SIGHT ! <--- or look at the picture version if render is messy :
(INVITE ONLY indicator. Access to all my indicators for a symbolic 1€/day subscription + FREE WEEK TRIAL)
Please don't post comment to ask for unlock... if you want to try it out, simply follow the link at the bottom and trigger your trial...
Double RSI lines to find the current trend. The Stochastic was used to buy (if double RSI line shows bull trend) or sell (if double RSI line shows bearish trend).
This is just a demo vision and can not be used for real auto trading, so i will not publish the full script.
Thanks to @ChartArt.
Good luck to all!
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)....
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...
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 .
![EURUSD: [M] RSI_dots + SMA](https://s3.tradingview.com/r/r84CAOeC_mid.png "[M] RSI_dots + SMA")
