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RSI-Stochastic HybridThis is a very simple idea - an average of RSI and the Stochastic Oscillator. However it offers plenty of flexibility for tuning to your requirements. You can change the lengths of either indicator and the weighting of each. By default it's set to 50/50 (just change the percent RSI to adjust). There is also an optional EMA which can be used as a signal line. This idea comes from Greg Morris who likes to use it for trend following. I would buy when the indicator hits the overbought line and sell when it goes below 50.
Wskaźnik Pine Script®
od blindfreddy
2
RSI based on ROC 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 strength charts that compare two market indices, which are often referred to as Comparative Relative Strength. And in its turn, the Rate-of-Change ("ROC") indicator displays the difference between the current price and the price x-time periods ago. The difference can be displayed in either points or as a percentage. The Momentum indicator displays the same information, but expresses it as a ratio.
Wskaźnik Pine Script®
od HPotter
8
RSI + martingaleТорговая стратегия основанная на совмещении торговой системы Мартингейл и индекса относительной сила RSI. Скрипт входит в сделку после пересечения заданных уровней перекупленности и перепроданности RSI. Набирает позицию, по умолчанию умнажая размер каждой докупки x2. Закрывается по тейк-профиту. A trading strategy based on combining the Martingale trading system and the Relative Strength Index (RSI). The script enters the trade after crossing the set overbought and oversold levels of the RSI. It takes a position, by default multiplying the size of each additional purchase by x2. It closes with a take profit.
Strategia Pine Script®
od sich1111
RSI BREAKOUT SIGNALSThis BB + RSI Breakout indicator is designed to help traders identify potential buy and sell opportunities based on price movements relative to the Donchian channel (or Bollinger-type channel) and momentum conditions. It calculates the highest high and lowest low over a user-defined length to form a dynamic channel, and then it checks whether the current price breaks above the upper band (for a buy signal) or below the lower band (for a sell signal). To avoid repeated signals in a row, the indicator uses a state system: after a buy signal occurs, it will not generate another buy until a sell occurs, and vice versa. When a buy signal is triggered, it automatically calculates a take-profit price a certain percentage above the buy candle and displays this price below the candle as a “TP” label. Sell signals are displayed above the candle, and any previous TP label is cleared. The indicator updates in real time, so the signals move with the chart, giving a clear and lag-free visualization of entry points and potential profit targets.
Strategia Pine Script®
od gabrielcoracinidesouza07
2