QuantNomad - RSI Strategy - LTCUSDT - 5mReally nice performance of Simple RSI Strategy for LTCUSDT ( Binance ) 5m chart.
Params: RSI Length: 3, RSI OverSold level: 47, RSI OverBought Level: 56
Performance: 391% profit, 2400 trades, 42% prof, 14.6% dd , 0.65 sharpe.
I think this strategy can be a really nice base for a pretty good strategy. We have quite a lot of trades here you can add additional filters that will improve strategy a bit.
And remember:
Past performance does not guarantee future results.
Rsioversold
QuantNomad - RSI Strategy - NKE - 5mReally good performance of Simple RSI Strategy for Nike (NKE) 5m chart.
Params: RSI Length: 30, RSI OverSold level: 45, RSI OverBought Level: 60
Performance:57% profit, 112 trades, 73% prof, 6.7% dd, 1.36 sharpe.
And remember:
Past performance does not guarantee future results.
Kozlod - RSI Strategy - 1 minute - ETHUSDTrying to find simple strategies with optimal parameters which work well for certain symbols/timeframe.
Found that basic RSI strategy without any position management works pretty good for 1m chart for BTCUSDT.
It might not work very good on it's not but can give you a pretty good base for more complicated indicators.
Also, some position management as simple as static SL and PT can improve performance quite a lot.
And remember:
Past performance does not guarantee future results.
Kozlod - RSI Strategy - 1 minuteStarted to play with very simple strategies. Trying to find ones with optimal parameters which work well for certain symbols/timeframe.
Found that basic RSI strategy without any position management with high RSI length (65 in this script) works pretty good for 1m chart for few stocks.
It's also not bad for AAPL , SPY .
It might not work very good on it's not but can give you a pretty good base for more complicated indicators.
And remember:
Past performance does not guarantee future results.
Rs Candlestick Indicator With Moving AveragesUnlike the traditional RSI, this one offers you an detailed insight with candlestick chart, rather than a simple line setup. It also includes two different customizable moving average(s) and offers detailed information such as bullish/bearish candlestick formations, negative and positive divergences on indicator.
How to use: Similar to candlestick charts, whenever Rsi candle close and stays above moving average(s) it's a buy signal and whenever candle closes below moving average(s), that's a sell signal. Rather than waiting for Rsi to break mid-line(50) to buy and sell, this one offers dynamic and more accurate buy and sell signals. You can also customize top-mid-bottom line values as well to determine overbought and oversold levels.
RSI Reader DARK THEMERSI reader is an ADD-ON -184.95% of the indicator Market-Reader (available in TV too)
It will detect:
- bullish and bearish divergence
- bullish and bearish cycle on RSI
-When RSI is ready for an acceleration meaning that a significant bull or bear move can occur soon
It is also a RSI with less noise offering a more accurate analysis of the market without adding lag.
This Add-on -184.95% is Free for all user of the indicator Market-Reader.
This script will be continuously update
Access requires subscription (contact by MP 1.50% )
🥢 Crypto-Sticks: Apirine Slow RSI (SRSI) by Cryptorthyhms🥢 Crypto-Sticks™ Apirine Slow RSI (SRSI)
A new series of indicators brought to you by Cryptorthyhms...giving you an alternate look at your trusted favorites! Follow me, there are still 2 dozen Crypto-Sticks indicators planned - all will be released in public library.
🚀 Indicator Specific Info
🐻Thanks to Lazybear for posting the original Apirine RSI code I updated to create this indicator! (give that man a follow/thumbsup, hes a legend!)
New Crypto-Sticks option is an EMA of the average signal line output. Eventually I will go back and update the previous indicators with this feature as well!
⛔Please remember that you may have to adjust the overbought and oversold levels to suit the volatility of the instrument you are working with. In the future I will implement a feature that does this automatically, but for now its manual.
Heiken Ashi candles (default) adds some more clear trend changing points which can be executed at the second candle going in either direction. Other coins/charts will require their own strategy - you could potentially have to tweak that parameter. In this example you would enter on 2nd green, exit on 2nd red. HA Example:
Volume weighting the HA candles adds a different dimension to the indicator which I have to explore more fully.. In my opinion VW does not provide any benefit as is for this indicator. I left the option in for you though as YMMV. An example of VW+HA:
💭Please leave me any ideas or feedback you have!
🚫If you use volume weighting you should be on heiken candles.
🚀 Crypto-Sticks General Info
🚧This series isnt polished 100%, and I have some more options I will add in the future. But for now, I want to just release them, as I am not sure when I will have the time to put more work into them (many other big projects I am working on).
📊Its basically reinterpretations of all your favorite indicators. I calculate the values a little bit differently than normal, but the end result is creating a candlestick chart (for the indicator!). Then I added the option to plot them as Heiken Ashi candles to smooth out noise and make signaling easier. I recommend using the indicator on this setting.
🔊Lastly I implemented a Volume Weighting system for them all which simply integrates volume into the formulas for these indicators. For the most part this feature is experimental and doesn't provide huge utility (yet - I have other ways I want to try it as well - just no time). Though on some of the indicators it already shows great promise.
👍Enjoying this indicator or find it useful? Please give me a like and follow! There are many more indicators to be released in this series, not to mention I post crypto analysis and other free indicators regularly.
💬Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isnt open only to subscribers - everyone is welcome to join.
RSI/Stochastic
RSI with values 60-40 Displays a check when it crosses below 40 and an X when it is above 60 (Team DM System) Stochastic displays purchase / sale zones.
Xypher Heatmap RSI / STOCHCombines classic RSI and StochRSI in one script, with heatmaps for oversold and overbought zones. Use it with the black template :)
K and D values from Stoch are merged in one line, changing colors according to the bearish or bullish crossovers between them
Red to green -> Bullish crossover, consider an entry. Its signaled with a green cross
Green to red -> Bearish crossover, consider getting out. Its signaled with a green cross
RSI is plotted with a thick gray line.
Green lines indicate the oversold zone, consider an entry
Red lines indicate the overbought zone, consider an exit
RSI + StochasticRSI overbought and oversold histogram
Just indicator combo of oldschool slow stochastic and rsi, just looking a little bit better for someone.
Strategy is simple:
1) RSI is overbought or oversold (above 70, below 30)?
2) Stochastic line crosses its ema?
3) Stochastic and stochastic ema are in overbought = sell, oversold = buy.
Works good in volitile stocks/pairs and suits for fast scalping timeframes 1m 5m 15m
Strategy is old as the books, this is just a better visual for it.
RSI Combo (RSI, StochRSI)RSI and StochRSI combination with color fill histogram if RSI is over 70 or below 30.
