easy to analyse rsi in chart manner, it will show you red color whenever rsi cross 70 or 30
What you see is the 100 day moving average (blue line in the middle) with percentage bands attached to it. Each color has a 5% range. The brightest green color is 20%-25% below the 100 day moving average. The brightest red color is 20%-25% above the 100 day moving average. The behaviour of the stock price between the bands could give you trading ideas. The...
This script can display a lot of different volume statistics. It also colours bars depending on a chosen, customisable criterion. Most options are disabled by default and can be reenabled in the settings menu. FAQ Why are the bars slightly higher than the default volume bars? Due to the limitations of Pinescript. What are the two last values (including the...
The Elder's Force Index is an oscillator that takes into account the change of the price combined with the volume: EFI = (close of the current day - close of the previous day) * volume of the current day If measure the force of the price change. If you calculate the exponential moving average of the last two days to smooth the signal EMA(EFI,2), you have a...
Coloring of candles by RSI trend rule above 50 is buyer and below seller
Working MACD Histogram which colors bars based on the slope from the previous. The default colors will work for both Deuteranopia and Protonopia color-blind people but can be modified. There is a bug with 'MACD 4C' by vkno422 + signal line - squattter and 'MACD for colour blind people' by cfhrtd in that it draws the MACD line itself as a histogram, rather than...
Multi-Moving Average in a single color changing indicator. Lines change color when they cross.