RSI rules: If we break above 70 RSI, 40-50 RSI acts as support, If we break below 30 RSI, 50-60 RSI acts as resistance I color coded the support/resistance areas to make visuals easier. This is part of my private indicator, but I removed the buy/sell part (which is the private part). I think this will help a lot with your guy's trading.
This script calculates both RSI (Relative Strength Index) and Stock (Stochastic) RSI Indicators, and plots them with a distinctive background on the same graph. The colors were chosen to be very easy on the eyes. I published it as a way to give back to this community. Use your own judgement when trading, I am not responsible for any losses resulting from the use...
Hi PlutusX Family, Here is a simple FAST RSI script i built during a "How to Build a Trading Script Tutorial". If you have questions message us here. Thank you!
COLLAR - RSI MACD EMA I created this "COLLAR" script by combining scripts from others. Mentor Piet Vannoppen uses the COLLAR-technique in TC2000 to analyse charts. Because it didn't exist in TradingView, I created it. ; ) In the mean time my friend Vinpierke also created a script for the COLLAR-technique, in which he uses 4 colors. Check these scripts. If you...
adds an avg input to smooth the RSI. Helps with determining tend-direction at a glance
Hello trading family! Just wanted to give a quick write up and share the new code for the RSI Alligator Strategy. I amended it to show every crossover signal, weak and strong, so we can accurately gauge its effectiveness. Having played with this for a couple hours now I have learned a few things -Using Heikin Ashi seems to smooth it out a bit and provides about...
NIce indicator with great potential for improvment based on modified rsi buy=b sell=s alerts inside have fun
Backtester for RSI alligator is Williams Alligator strategy using Relative Strength Index to predict entries Original script can be found at
The indicator shows the crossing of the FastRSI line and the EMA (FastRSI ). If FastRSI > EMA (FastRSI )- green background If FastRSI < EMA (FastRSI ) - red background This indicator can be used to filter other indicators in your trading strategy
Nothing fancy here , the aim is to make the Volume RSI slight better by changing few parameters. The blue area are where volume RSI is cold (the time to buy when it cross up the 35) The orange area when volume RSI is over heated (sell if it go below the 55)
This indicator was originally developed by Sylvain Vervoort (Stocks & Commodities, V.26:11 (October, 2008): "ARSI, The Asymmetrical RSI").
This indicator was originally developed by Constance (Connie) M. Brown (Journal of Technical Analysis (Winter-Spring 1994, 45-61): "Derivative Oscillator: A New Approach to an Old Problem").
Combines 4 popular indicators (RSI, Stoch, SRSI, MFI) and 1 peculiar one (Aroon) in 1 for those who want to save indicators but not only. This is an evolution of my (simpler) "RSI / Stoch / Stoch RSI (SRSI) Overlay " that you can find on my scripts. Added bands for oversold/overbought areas (70/30 common for RSI and 80/20 for SRSI and MFI), as well as a middle...