kNN-based Strategy (FX and Crypto) Description: This update to the popular kNN-based strategy features: improvements in the business logic, an adjustible k value for the kNN model, one more feature (MOM), a streamlined signal filter and some other minor fixes. Now this script works in all timeframes ! I intentionally decided to...
This simple script plots 2 moving averages of RSI at 2 selected timeframes. Setting each set of moving averages to a higher timeframe allows for monitoring of momentum at that time frame, and comparison of momentum across timeframes. Crossovers of the respective averages of different time frames can be used as trade signals. Having the leading average above...
This indicator bundle, combined with PRIME-QUARTERS, provides a trader with everything needed, on chart, to make swing and scalper entries. The short candle SMA are used to execute immediate entries, while the larger candle tf indicate Continuation, trend changes and swing points. The color coded impulse indicator used both RSI and TSI variables to determine...
Script implements strategy: 1 Buy at RSI (10) < 30 2 Sell at RSI (10) > 40 or after 10 days The strategy is not profitable for long term trading.
Applies signal values to significant changes in momentum and can be used in conjunction with other indicators and analysis to improve trade timing. Both "Signal Up" and "Signal Down" can be used for alerts. The magnitude of the signal is the difference between K and D. (See the code for the logic and implementation.) Signal Up occurs when momentum is within...
This is my Uber Oscillator applied to RSI essentially. So its like an Ultimate Oscillator with more lengths added, but instead of MAs its RSIs. So its a multi-momentum index of sorts. Part of my efforts in realizing the amazing potential of using multiple lengths of an oscillator to get a bigger picture, while also recognizing that simply stacking them on top of...
1. Calculate * Base on RSI status in the same period of price bar, "Bull Bear Power" is counting number of bars moved above 70 then return result to "bull power" series, and counting number of bars moved below 30 then return result to "bear power" series. * By default RSI period is 2 and Bar period is 15. 2. Interface * Bull power: green columns. * Bear power:...
Started with the Basic Ichimoku strategy from Mizuki32. Added Take Profit, Stop Loss (for both long and short), and a toggle to wait for confirmation from the cloud.
User request. A tuned version of the built-in True Strength Index (TSI) indicator with the following options included: MFI - Signal Histogram MFI/Signal Crossovers MFI/Signal Ribbon Bands breakouts highlighting Middle line crossovers background
study(" RELATIVE STRENGTH", shorttitle="RS") a = tickerid b = input("NIFTY",type=symbol) as = security(a,period,close) bs = security(b,period,close) plot(as/bs, title="RS" ,color=blue)
This indicator draws a visual RSI signal on to your chart. You can use it to set RSI alerts when the market enters an extreme RSI condition.
epulleman RSI long and short probability of uptrend when red cross-up blue (with small yellow dot)
█ OVERALL This indicator was specifically created for the Walsh Wealth Group. In short it is a fusion of some of the most basic and widely used indicators to show overbought patterns and trend reversals. Its best usage is with LTF scalping and agressive profit taking but can also be used to find HTF dips and buy-zones. █ FEATURES Buy Signal (Buy): Printed...
This script indicates when the current Relative Strength Index of the last 8 closes is beyond a level from center oscillation which signals the equity is likely to reverse course. When it is the lowest RSI reading of the prior 3 readings and below 25, a green vertical bar will appear signaling a potential BUY point. Likewise, the highest reading of the prior 3 RSI...
Indicator translation to Pinescript requested by cookie_crusher on Twitter. The "RSI With Noise Elimination Technology" (NET) is an indicator developed by John Elhers. The indicator is simply a rolling Kendall rank correlation coefficient of a normalized momentum oscillator (a version of the RSI introduced by Elhers in the May 2018 issue of Stocks &...
Description: This is a preprocessed and standardized version of RSI indicator. You can replace RSI with any other indicator of your choice. Use this code as a framework for your ideas. Time Threshold parameter is useful in handling a repainting issue. By setting it to higher values you can effectively eliminate repainting! Cumulative Return, Win/Loss and Win Rate...