This is simple strategy based on Aroon Oscillator. I have found that using length 144 or 169 on hourly chart shows excellent results. Tested on SPY , QQQ and AAPL. Especially when you look at AAPL results , it has 60% profitable in recent trades. ( Dont assume this will be same for other stocks or ETFs) Aroon Oscillator setting : 169 ( ...
This script points Regular/Hidden Bull/Bear RSI/RSX divergences on the chart. Options: -RSI/RSX source -RSI/RSX length -Show/hide Regular/hidden Bull/Bear divergences
3 indicators in 1. Included Indicators are: - Correlation Coefficient - RSI - Stochastics Basic usage of these indicators respectively are: - CC value of 1 represents a perfect correlation, while a value of -1 represents an inverted correlation. - RSI values above 70 is commonly overbought, whilst below 30 is oversold. - Stochastics for describing the momentum...
RSI 14 crosses up over RSI 250 when RSI 250 > 50 indicates a strong and high probability uptrend or reversal. Can be further confirmed by MACD Golden Cross.
defines bull/bear zones to better identify reversals and trend changes
STORMER's IFR 2 strategy or if you prefer RSI 2. It consists of a trader technique known as STORMER. This strategy works preferentially in the daily period. But it does not prevent it from being used in other periods. Dissecting the strategy: Buy when 2-Period IFR smaller Oversold n periods in example 10. And close the trade when the price reaches the maximum of...
This simple indicators paints the Momentum based on Stochastic, RSI or WaveTrend onto the Price Chart by showing Green or Red arrows. In the settings it can be selected which indicator is used, Stochastic is selected by default. Length of the arrows is determined by the strength of the momentum: Stochastic: Difference between D and K RSI: ...
Old private script but very nice for detection of trends it a hybrid of OBV with RSI and multiple type of MA if we change length of MA we can make to be like stoch type indicator same princeple as RSI but since its OBV it more responsive you can buy if cross lower treshold or sell if crossdown upper treshold (can be set by menue) or you can by and sell in this...
By combining the true strength of the Nasdaq (NDX) and S&P500 ( SPY ) we can then compare that against the volatility /fear index ( VIX ). The true strength of the Volatility Index ( VIX ) is shown by the red area and the Nasdaq (NDX) and S&P500 ( SPY ) by the silver /teal areas. The yellow EMA area shows the average difference between the VIX and the NDX/ SPY...
This is an interesting study. We know bollinger bands can be a useful tool for price action, but what if we applied them to other indicators? The top chart is the Stochastics and bottom chart represents RSI. We can see a relationship between the two indicators, where the signal line bounces of the bollinger bands. The strategy is simple, when the signal lines...
easy to analyse rsi in chart manner, it will show you red color whenever rsi cross 70 or 30
Candlesticked RSI v2 for price action traders! See the True Momentum. 6 chart type, smooth RSI , add signal lines, find divergences, special alerts This is 2nd version with major upgrade Improved and more powerful fully customizable. features: See RSI in 6 type of chart(Candles, Hollow Candles, Siwi Candles, Heikin Ashi, HL Bar, Line) Monitor Up...
MCDX is an indicator based on mutilple relative strength index (RSI) with different period, then classify into 3 categories - Retailer, Hot Money and Banker - Green - Retailer - Yellow - Hot money - Red - Banker the higher and many reds are more preferable
For Educational Purposes. Results can differ on different markets and can fail at any time. Profit is not guaranteed. This only works in a few markets and in certain situations. Changing the settings can give better or worse results for other markets. This is a good way to show off a good looking strategy, atleast in paper, with minimal effort involved in the...
An oscillator of Bitcoin's Daily Active Addresses (DAA) and fundamental metric of the utilization of the Bitcoin network. Helps to identify: Potential buy zones (green) - when the network utilization is low & increasing Potential sell zones (red) - when the network utilization is high & decreasing
First of all, the idea of apply RSI to VWAP was inspired by XaviZ; at least, that where I first saw that. I simply applied the idea and searched for apply this on lower timeframe (M15) to increase the number of positions and improve the profit factor. The conditions to enter are the same : long : enter on RSI crossover oversold level short : enter on RSI...