Today I decided to create a powerful indicator for helping in identifying trend continuation and reversals using Cardwell's famous techniques.
For the whom interested Cardwell's work is widely presented in different textbooks such as "John Hayden" The Complete RSI Guide and accessible online.
From "John Hayden" The Complete RSI Guide:
Wilder (Author of RSI)...
Simple script that will plot a circle indication on the chart when RSI returns above 30 from oversold position.
Also allows you to create a custom alert.
Momentum Oscillator derived from RSI.
Indicator concept for now have simple visualization of momentum slopes and decay,experimental divergences, horizontal bands for overbought/oversold conditions.
By leaving/touching horizontal band or stimulated by divergence, oscillator show enough generated momentum to help capture multiple moves in a row.
Will be updated
Ceci est un script assez simple, un RSI comme celui qui est intégré mais avec la possibilité de tracer 3 droites de plus permettant ainsi de soulager certains chartiste qui pourrant régler la position de ces droites (horizontales) avec une parfaite précision.
S'ajoute à celà 3 moyennes mobiles arithmétique intégrées à l'indicateur...
このインジケータは連続した蝋燭とRSIを調べます。
買われ過ぎや売られ過ぎに見える背景にペイントします。
力強い価格変動の場合は、他の抵抗やサポート、修正波、ラインを見てください。
（次のチャンネルレベルへの更新の引き金となる可能性がありますので）
あくまでご参考までに。
This indicator look at the consecutive candle and RSI.
Paint to background of like a overbought or oversold.
If price movement of powerful, please look at the other resistance and support, corrective waves, lines.
(maybe have...
This is an indicator that we've been using for a while to pinpoint currencies that are strong/weak. By knowing which currencies are strong and weak, you can focus your attention on the currency pairs that are actually moving, or plan ahead when researching trades.
This indicator gives the Relative Currency Strength, on any timeframe, for every major currency:...
This is my take on reaching Higher TimeFrame charts, what is usually helpful when determining the trend. On the example of RSI.
So imagine you want to check RSI from higher timeframe. 15x higher for example. There are 3 ways to do it.
1. security(tickerid,"15",rsi(close,14))
DON'T!!! I strongly advise against this method. Security() function is buggy in...
![XBTUSD.P: [CS]_ColorCode_V1 Multitimeframe Cardwell Reversals](https://s3.tradingview.com/p/pFsabtmF_mid.png "[CS]_ColorCode_V1 Multitimeframe Cardwell Reversals")
![USDJPY: Traders Dynamic Index [FX4FREEDOM]](https://s3.tradingview.com/x/xssJdKyY_mid.png "Traders Dynamic Index [FX4FREEDOM]")
