This an experiment to visualise the famous RSI indicator within a Histogram. Opposed to regular RSI this RSI is plotted into a Histogram and uses different scales (100 to -100), in addition it has the ability to smooth the RSI with various moving averages like HMA, JMA and KAMA. About RSI: The RSI measures recent performance of a given stock against its own price...
RSI output signals are displayed with color change to reflect the plotted value. This makes evaluating RSI conditions require but a glance. RSI momentum buy signals are given on the cross of the 50 level, whereas sell signals are given on a fall below. Default values a 5 period RSI which gives more timely entrances and exits for swing traders. This can be...
This my 2nd indicator : It's just a Strenghtening of trend channal If price can come up on the green line it's mean price is side way or maybe bullish and if price can come up on RSI (14)50 and EMA50 it have problaby to bullish trend If the price have blue ball it's mean crazy strong bullish trend If the price have red ball it's mean crazy strong bearish...
Trend-Following MTF RSI, Klinger, ATR, PP Adjust Parameters as per your time frame. As I trade on 3 min TF, defaults are as per that.
Knowing how to write code will hopefully be my saving grace with trading. Regardless, I have things to learn yet and the CCI indicator seems to get a lot of respect from chart-art minimalists. On Investopedia, it says, “The CCI compares the current price to an average price over a period of time. The indicator fluctuates above or below zero, moving into...
This started as a personal arrays study, but after a few tests I decided to made a framework to get my own scripts simplest, lighter and faster. And now I'm sharing with you guys. Is very simple to use: Copy evething inside "RK's Auto Color Gradient Framework" block; Paste anywhere before the plotting; Declare the color variable name calling the...
This is an overlay indicator showing a strong potential for entry into an option spread trade. 2 background shadings will occur: The background will shade blue if the ticker is prime for a Bullish Call spread. The background will shade purple if the the ticker is prime for a Bearish Put spread. In theory, if the SE Strength is at one of the extremes of the Bear...
Study RSI 4 (RSI 25) from connors strategy. It will fill the candle color with green on buy signals and red on end positions base on RSI4 study.
This code has been inherited from " 3 RSI Multi Timeframe Inception" by pranjalchaubey and enhanced/modified to include 2 more RSI indicators. The RSIs considered are 15 minutes, 1 Hour, Daily, Weekly and Monthly displayed based on chart time frame. The number of RSI indicators displayed is context dependant or time frame based, as below, 15min, hourly and...
-This script utilizes simple color changes of the TSI output signals to aid in interpretation of the classic TSI indicator. -Crosses of the TSI value line and signal line are a bullish or bearish indication. TSI value line is colored green or yellow to help identify that the TSI value line is either dropping or rising, while over or under the signal line. -This...
This script is intended to help the viewer identify potential turning points with momentum "headwinds" or "tailwinds" with a visual que at the bar level. The presence of arrows indicates that the TSI indicator is either "curling" up under the signal line, or "curling" down over the signal line. This can help to anticipate reversals, or moves in favor of trend...
I created a single indicator that combines 1) Cyclic Smoothed RSI and 2) the Divergence indicator (bull, bear). It is very handy when used with the MACD and crossover points. Please refer to for info on how to use the cRSI indicator. Info on the chart. 1) Red dotted lines = cRSI crossed back from overbought and crossover in MACD 2) Red solid lines = Bear...
Indicator to identify signal candles for the Larry Connor CuRSI2 Setup (Cumulative RSI2 Setup) Green Candle when sum of RSI2 of the last two candles are smaller than the limit set by the user.
Default values: RSI = white RSI Prime ( RSI of RSI ) = yellow EMA 34 = blue EMA 55 = red They are listed in order of reactiveness to price changes. Think of them like the Williams Alligator... White and yellow work the fastest, with WHITE being signal and YELLOW being trigger. Great for LTF Blue and red work the slowest, with BLUE being frequently testing RED as...
Rainbow Ribonacci RSI is a modified version of RSI with Rainbow Ribbon of Fibonacci period and levels: RSI lines modified to consists of several Fibonnaci Period Length of 3, 5, 8, 13; RSI levels modified to contain the Fibonacci Percentage Levels of 78.6%, 61.8%, 50%, 38.2% and 23.6%; Color fills between RSI lines; Color fills between RSI levels. The...
Having Fun with Arrays. I couldn't load all of the images into their respective arrays without getting an "Internal Pine error" So I commented out some of them. You can pop them back in, but make sure to disable another in its place. Vader Pine Logo &hearts Bitcoin pAulse
More a novelty than anything useful. Measures the % of overbought/sold RSI and renders as a pie chart. RSI % -> Radians -> (x,y) -> bar_time. 24hr market charts only.
Experimental attemt of applying Logistic Map Equation for some of widly used indicators. With this study "Awesome Oscillator (AO)", "Rate of Change (ROC)", "Relative Strength Index (RSI)", "Stochastic (STOCH)" and a custom interpretation of Logistic Map Equation is presented Calculations with Logistic Map Equation makes sense when the calculated results...