This indicator uses a custom RSI algorithm which displays a modified RSI and stochastic RSI as a simple to read and color coded oscillator. When RSI turns green it signals a bullish divergence and considers the asset as overbought. When it turns red it signals a bearish divergence and considers the asset oversold. Overbought levels at 80 and oversold levels at...
The indicator calculates Triangularity over Stoch RSI Overbought and Oversold Conditions So Ever wondered how a overbought and oversold condition looks if the values are triangualrised The indicator plots auto band levels on top of price Enjoy!
EN: Trend & Trading Index Oscillator is an indicator developed using Stochastic which makes your day trading easier. Is it to measure price swings with a more sensitive and close to zero error margin, and is the price movement and the direction of the trend compatible? is the ideal guide to look at. The oscillator consists of a 5 step system. Depressions below...
Wanted to put this out there. Kind of a rough explanation but basically I wanted to build an indicator that takes out emotions and is easy to read. The indicator is basically RSI, stochRSI, CCI, and EMAs into an easy to read package. The traffic lights at the end will tell you if stochRSI/RSI and price action above according to EMA ribbon are in agreement. RSI...
Good evening folks! Today I want to share with you a simple variant of the Stochastic-RSI built-in indicator. Nothing too complex: by enabling the relative checkbox and setting the desired (k, d or the RSI ) source and timeframes, you can see higher timeframes data plotted on your screen. Everything you need to do is enabling the indicator on the lowest...
Catana Stochastic 4 in 1 Description Catana Stochastic 4 in 1 is an excellent indicator to identify when the price trend of an asset, be it bullish or bearish, begins to run out. If an operator can identify that moment, he will be in optimal conditions to issue the corresponding market orders and to be able to take full advantage of the next price...
Everything you see in this indicator has beed designed with purpose to ease your trading with visual technical analysis of the market. It pulls data from 7 different TimeFrames and it can not be more simpler visual representation of its calculations when applied on chart. When applied on chart, you will see two sets of WAVES. First set is made out of SRSI...
Diego Riobo Cabot © riobocabotd Analysing the Market as Physical Forces Credits First: Tradingview Pine Comunity, it's just amazing, honestly. Godmode Indicator's creators. I was inspired by them to create an indicator that takes a lot of variables into account. I also took the idea of the Momentum and LSMA from there Function te get...
This script calculates average stochastic RSI of local currency and USD price of the stock.
The idea for this indicator came from looking at the Stochastic RSI. The Stochastic RSI takes the RSI reading then applies the Stochastic formula to it - an indicator on top of an indicator. Using this logic, I decided to try using a Stochastic on the existing Stochastic in order to smooth it out - hence the "Double Stochastic". I have also added the option to add...
Overview The goal of this script was to apply the concept of Herd Mentality. While one voice may seem unique, when you combine all the voices together they average out and show an overall emotion of the herd. We should be able to apply this concept to indicators, giving us the Fear and Greed of the markets. How to Use Buy when there is fear and sell when...
This oscillator is the combination of different settings RSI , RSX , STOCHRSI , MSI ,... in a Stochastic function that can help traders to understand the weakness and strength of momentum in candle sticks in different time frames. This oscillator organized by three Line , control zone and Divergence Line 1:) Fast Line 2:) Slow Line 3:) Heavy Line 4:) Neutral...
RSI output signals are displayed with color change to reflect the plotted value. This makes evaluating RSI conditions require but a glance. RSI momentum buy signals are given on the cross of the 50 level, whereas sell signals are given on a fall below. Default values a 5 period RSI which gives more timely entrances and exits for swing traders. This can be...
One of out most premium indicators is this MTF MacD Stochastic RSI combo. This is calculated with specific conditions to give the best signals for market reversals or continued trends. ======= For a detailed description of how the REDWOOD MacD works, see profile (links of personal indicators arent posting for some reason) For a detailed description of how...
This MTF Stochastic RSI is custom made to help give you an edge while trading. As you see the MTF Stochastic RSI is colored depending on the trend and if "K" is above or below "D". This indicator shows the crossover or crossunder of these values with the colored circles that are plotted. This can be a very useful indicator to show you Oversold or Overbought...
The script combines 2 indicators (MACD and Stoch-RSI) and puts them visually directly on the candles - can be used with normal OHLC candles or Heiken Ashi candles. Furthermore, you can derive divergences exremely easy directly visually from the candles as well. Lastly, a SMA 20 high and a SMA 20 low line build a trend channel. Script is best used in trending...
I created a single indicator that combines 1) Cyclic Smoothed RSI and 2) the Divergence indicator (bull, bear). It is very handy when used with the MACD and crossover points. Please refer to for info on how to use the cRSI indicator. Info on the chart. 1) Red dotted lines = cRSI crossed back from overbought and crossover in MACD 2) Red solid lines = Bear...