Regi_Lantern

RSI & RVI

릴리즈 노트: Added tie in to Put to Call Ratio for Signal generation.

The P:C signals are designed for broad market bullish bias.
Small green dots on the bottom indicate oversold with a low RSI.
Small blue dots on the bottom indicate a neutral market state.
Small red dots on the bottom indicate a medium-high to high RSI with an excessively bullish option outlook.

These added indications, if your ticker is correlated to the broader market should assist in noting bottoms on the hourly chart with green dots.
Small red dots should assist with profit taking and not be used to short the market, the general pattern should be buy during green, lighten to runners during blue and take profit on the rest of the runner if red shows up.
릴리즈 노트: Functionality Update

  • Relative Strength (RSI) - Black Line
  • Relative Volatility (RVI) - Orange Line
  • Intra-trend levels added - 38.2, 41.4, 61.8
  • Candle Body - Defined OHLC (RSI simple moving average, RSI, RVI, RVI simple moving average)

Since volatility is relative to trend when trending bullishly volatility is to the downside. Conversely, volatility is to the upside when trending bearishly. RVI uses RSI's trend to determine which activity direction is considered volatility.

RVI rests on the counter-trend side of RSI. Its return inside of the candle body signifies a possible trend continuation. RSI similarly is considered to be breaking out once it leaves the candle body, and the trend weakening when inside.

The intra-trend levels are to help increase the useful resolution of the RSI chart. In a typically bullish trend, RSI will often dip into the 38.2-41.4 area and set a higher low. In a typically bearish trend, tops will often run out of steam near 61.8 rather than going all the way to 80+ overbought.

The candle body is actually just 7 SMAs of RSI and RVI but to help differentiate their purpose they are displayed this way so that RSI being inside of the SMAs indicates that the market in the short term is basically balanced or balancing, and being outside of them is a state of excess; essentially just saying that the market is moving. I use this in combination with Ichimoku's equilibrium concept so that RSI returning inside of the candle can help in the determination that a retrace in the middle of a trend move is a return to a 'relative fair value' and bounce back out signifys a continuation.
오픈 소스 스크립트

진정한 TradingView의 정신에 따라, 이 스크립트의 작성자는 스크립트를 오픈소스로 게시했기에 거래자들이 이해하고 확인할 수 있습니다. 작가님께 건배! 스크립트를 무료로 사용할 수 있지만, 게시물에서 이 코드를 재사용하는 것은 하우스룰을 따릅니다. 당신은 스크립트를 차트에 사용하기 위해 그것을 즐겨찾기 할 수 있습니다.

차트에 이 스크립트를 사용하시겠습니까?

코멘트

How can we use in nifty?
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Just came across this and wanted to provide kudos. Great work man! Love this....
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Regi_Lantern BenArmfield
@BenArmfield, Much appreciated!
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Thanks for your effort. And please add (50) Level above auto green and (50) level below auto red like this. So your indicator is almost done.
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Regi_Lantern pyaephyo93
@pyaephyo93,
Thank you for your feedback, I'll be sure to include the 50 level and options to turn them on and off in the next update. I did add the levels I find most useful and relevant within trends - 38.2, 41.4, 61.8.
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Сигналы P: C предназначены для широкого бычьего уклона рынка.
Маленькие зеленые точки внизу указывают на перепроданность с низким RSI.
Маленькие синие точки внизу указывают на нейтральное состояние рынка.
Маленькие красные точки внизу показывают RSI от среднего до высокого с чрезмерно бычьим прогнозом.

Эти дополнительные указания, если ваш тикер коррелирует с более широким рынком, должны помочь в обозначении оснований на часовом графике зелеными точками.
Маленькие красные точки должны помогать с фиксацией прибыли и не должны использоваться для шорт-рынка, общая модель должна быть покупкой во время зеленого, светлее для бегунов во время синих и фиксации прибыли на остальных бегунах, если красный появляется.
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