This strategy used to calculate the Stochastic RSI You can change long to short in the Input Settings WARNING: - For purpose educate only - This script to change bars colors.
Custom Development for a Backtest Rookies professional services customer. Published for customer testing and acceptance. backtest-rookies.com
This is new version of RSI oscillator indicator, developed by John Ehlers. The main advantage of his way of enhancing the RSI indicator is smoothing with minimum of lag penalty. You can change long to short in the Input Settings WARNING: - For purpose educate only - This script to change bars colors.
This is new version of RSI oscillator indicator, developed by John Ehlers. The main advantage of his way of enhancing the RSI indicator is smoothing with minimum of lag penalty. You can change long to short in the Input Settings WARNING: - For purpose educate only - This script to change bars colors.
The SMI Ergodic Indicator is the same as the True Strength Index (TSI) developed by William Blau, except the SMI includes a signal line. The SMI uses double moving averages of price minus previous price over 2 time frames. The signal line, which is an EMA of the SMI, is plotted to help trigger trading signals. Adjustable guides are also given to fine tune...
The SMI Ergodic Indicator is the same as the True Strength Index (TSI) developed by William Blau, except the SMI includes a signal line. The SMI uses double moving averages of price minus previous price over 2 time frames. The signal line, which is an EMA of the SMI, is plotted to help trigger trading signals. Adjustable guides are also given to fine tune...
Use Heiken Ashi candles to follow trends more easily. 4h or 24h time-frame is advised but any time-frame works.
The SMI Ergodic Indicator is the same as the True Strength Index (TSI) developed by William Blau, except the SMI includes a signal line. The SMI uses double moving averages of price minus previous price over 2 time frames. The signal line, which is an EMA of the SMI, is plotted to help trigger trading signals. Adjustable guides are also given to fine tune...
Awesome Oscillator for finding momentum and SS for timing entry
This is the new-age indicator which is version of RSI calculated upon the Rate-of-change indicator. The name "Relative Strength Index" is slightly misleading as the RSI does not compare the relative strength of two securities, but rather the internal strength of a single security. A more appropriate name might be "Internal Strength Index." Relative...
Simulation of GunbotXT BB-RSI strategy useful for fine tuning settings and backtesting. In Pine Editor -> Open "GunbotXT BB-RSI" -> Add To Chart -> On Indicator -> Format -> Input your desired settings to test. Yellow = Bollinger Bands Red = High BB (Sell) Green = Low BB (Buy) You will not see the RSI on the chart, you need to (and should) add 2nd...
Strategy script. By invitation only. Works like a RSI / stochastic oscillator. Set the levels that you would like to open and close your positions and back-test it on the markets/time frames of your choice. The dotted yellow lines on the chart represent the opening positions.
The related article is copyrighted material from Stocks & Commodities. You can change long to short in the Input Settings WARNING: - For purpose educate only - This script to change bars colors.
The RVI is a modified form of the relative strength index (RSI). The original RSI calculation separates one-day net changes into positive closes and negative closes, then smoothes the data and normalizes the ratio on a scale of zero to 100 as the basis for the formula. The RVI uses the same basic formula but substitutes the 10-day standard deviation of...
I think Doji is not helping so much. but overall it is acceptable maybe tradeable.