Uses:
1) Connors RSI
2) Fast RSI
3) Body of a candle as a filter
4) Color of a candle as a filter
Connors RSI
www.tradingview.com(CRSI)
Fast RSI
Simple RSI (period 7)
This strategy is based on main ichimoku features (Leading span , conversion line and base line) compared to cloud conditions.
I indicated all possibilities in this indicator and strategy decision is based on crossing factors of each main line through two other line confirmations.
in 1.3:
+ profit became more
+ RSI Period
+ SMI+RSI Mode
+ Color filter
+ background
Uses:
1) Stochastic Momentum Index ("Use SMI-Strategy")
2) Fast RSI , period 2 ("Use RSI-Strategy")
3) SMA Body filter ("Use Body-filter")
4) Color filter ("Use Color-filter")
in 1.2:
- profit became more
Uses:
1) Stochastic Momentum Index ("Use SMI-Strategy")
2) Fast RSI , period 7 ("Use RSI-Strategy")
3) SMA Body filter ("Use Body-filter")
The line - the price of opening of a week candle
If low of a candle is higher than the line - open long-position
If high of a candle is lower than the line - open short-position
I take no credit for this script. I swapped the Hull moving average used the original program made by SeaSide420 for a gaussian smooth function made by jjaskulowski. This script seems to consistently outperform the original strategy for the long condition. I'm mainly focused on crypto, so I removed the "short" option because most crypto exchanges don't have this...
Determining market trends has become a science even though a high number
or people still believe it’s a gambling game. Mathematicians, technicians,
brokers and investors have worked together in developing quite several
indicators to help them better understand and forecast market movements.
The Prime Number Bands indicator was developed by Modulus...
In v1.2 added
+ Capital, % parameter
+ Counter-trend entry
+ Lines of PriceChannel
The blue line is the middle of the price channel.
If to use trend entry
If there are 2 red candles in a row and a body of the last candle more than a half of an average body of a candle and a candle was closed over the line - to open long-position
If there are 2 green...
Strategy uses:
1) Fast RSI (period = 7 bars)
2) Color of bars
Strategy
If RSI less than 30 is also 4 red candles in a row - to open long-position
If RSI more than 70 is also 4 green candles in a row - to open short-position
If long-position is open and there is 1 green candle - to close a position
If short-position is open and there is 1 red candle - to close...
◊ Introduction
This script makes use of three RMI's, to indicate Overbought/Oversold.
Adjustments can easily be made, through its settings or script.
◊ Origin
The Relative Momentum Index was developed by Roger Altman and was introduced in his article in the February, 1993 issue of Technical Analysis of Stocks & Commodities magazine.
While RSI counts up and...
