Inizia

Overbought-oversold

🚀Ehler's RocketRSI by Cryptorhythms🚀Ehler's RocketRSI by Cryptorhythms This indicator does require some tinkering in cases to line up the waveforms. Here on the 4Hr I have used an RSI LB of 14 and SSF LB of 10. Personally I find its better at picking short entries when the indicator is topping out. For bottoms it a bit less effective. I do not use this indicator by itself, but rather as another tool when looking for short entries. Description The RocketRSI is an indicator that combines the approach used in the calculation of the Relative Strength Index (RSI) with some principles of signal processing and was developed by John Ehler. By smoothing out noisy price data and singling out a cyclic component within it, the indicator can be used for analysis of cyclic reversals, which could potentially signal trading opportunities. The calculation of the RocketRSI is as follows: A close price change (momentum) from a past value is found for each bar. The offset between the current and the past price is constant. The values found are run through Ehler s 3-Pole SuperSmootherFilter to eliminate the noise. The algebraic sum of one-bar changes in the filtered values is divided by the sum of absolute values of the same changes. The output of this step is limited to be in the range from -0.999 to +0.999. The result is run through the Fisher transform to provide a easily interpreted wave-like output. If there is a dominant cycle in the input data and the lengths are set correctly, the analysis of peaks and troughs of the output wave may provide valuable sell and buy signals. 👍Enjoying this indicator or find it useful? Please give me a like and follow! I post crypto analysis, price action strategies and 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.
Indicatore Pine Script™
di theheirophant
Spiky Iguana Multi RSI Bands (Reverse RSI for the Price) by RRBSpiky Iguana Multi RSI Bands by RagingRocketBull 2018 Version 1.0 This indicator shows multiple RSI Bands with prices corresponding to specified overbought/oversold RSI levels. It is used to extrapolate the exact price levels currently matching a given set of RSI levels based on prior price/RSI levels action. You can think of it as a reverse RSI where RSI levels are moving dynamically around the price instead of price bouncing between straight lines. Features: - 6+6 = 12 customizable Overbought(R)/Oversold(S) RSI Levels + 6 Mean(M) lines - Multicolor levels/fill ranges - Show/Hide specific S/R/M levels and fill ranges 1. uses plot*, fill and is based on RSIBANDS_LB Good Luck! Feel free to explore and learn from the code
Indicatore Pine Script™
di RagingRocketBull
9
Quantum Currency Strength Indicator (CSI)If there is only one TradingView indicator you ever buy for trading forex – this has to be it. Your success as a forex trader depends on being able to identify when a currency or currency pair is oversold or overbought. If it is strong or weak. It is this concept which lies at the heart of forex trading. Without the Quantum Currency Strength indicator, it’s almost impossible. There are simply too many currencies and too many pairs to do this quickly and easily yourself. You need help. The Quantum Currency Strenght indicator breaks this complex market down into the building blocks, the currencies themselves, from which you can then identify quickly, clearly and easily those pairs offering the best opportunities, which to ignore for the time being, and which to add to your watchlist. It’s your radar on the currency market. The Quantum Currency Strength indicator has been designed with one simple objective in mind. To give you a bird’s eye view of the eight major currencies. To show you in a simple, quick and easy way, when a currency is either oversold or overbought, rising or falling strongly, or just going nowhere. To help you, the indicator defines the overbought and oversold regions for you, with a simple horizontal line. One near the top at 80, and the other near the bottom at 20. When a currency reaches the upper grey line, it’s approaching an overbought state, and when a currency touches the lower grey line, conversely it’s approaching an oversold state. It is at these points a trend is likely to reverse, offering you low-risk trading opportunities. Something you could never do quickly or easily yourself. It displays the eight currencies individually, giving you endless combinations of trading opportunities from scalping to swing and trend trading in all the various currency pairs and in every timeframe. US dollar – red Euro – orange British pound – yellow Swiss franc – green Japanese yen – magenta Canadian dollar – purple Australian dollar – blue New Zealand dollar – white Whilst this concept is simple, its use is sophisticated, and one which you can apply in a variety of ways. In fact four very different, but equally powerful ways, all of which will help you make money, confidently and without emotion: First – the indicator tells you when an individual currency is overbought or oversold. Strong or weak. Unlike some assets, currencies never go to zero. It is when they reach these extreme points, that currencies offer the lowest risk trading opportunities. These are the regions at which a currency is likely to reverse from a previous trend, giving you the potential to get into a low-risk trading position early. Second – the indicator will also tell you when it’s time to exit. After all, if it’s good enough to get you in, it’s good enough to get you out as well. Third – when the currencies are all bunched together in the middle of the indicator – guess what. It’s time to sit on the sidelines and wait. Finally, take your trading to another level using multiple timeframes. After all, if a currency is moving higher, or lower, across three timeframes, then even more reason to take a low-risk trade, so using the indicator in multiple timeframes is key. And if this wasn’t enough. There is even more! You can configure the indicator to your own personal trading style. Think of it like the volume control on your radio. You adjust it to your own personal preference. Well it’s the same here. If you are a scalping trader, simply adjust one of the indicator settings to speed up the indicator. If you are a swing or trend trader, tweak the controls to slow it down a little – the choice is yours. More control means one thing – more consistency and greater profits. After all, why buy an indicator that you cannot match to your trading style? It would be like buying a radio with no volume control. That’s why we call them the next generation of trading indicators for TradingView. The Quantum Currency Strength indicator works in all timeframes from seconds and ticks to minutes and months, and the colour of each currency line on the indicator can be changed to your own personal preferences.
Indicatore Pine Script™
di QuantumTradingSoftware
8
Smoothed Chande Trend Score w/ Signal Line by Cryptorhythms🆓 Smoothed Chande Trend Score w/ Signal Line by Cryptorhythms 👀Did not see this one in the public library yet, so here you go! I added an ema signal line that you can configure the length on. Also dressed it up a little with OB/OS zones and some purdy colors. Here are long + short charts: 👍Enjoying this indicator or find it useful? Please give me a like and follow! I post crypto analysis, price action strategies and 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. Description written by Chande... As you may have noticed, a number of rather complicated indicators are available to measure trend strength. None of these indicators, unfortunately, is perfect. You could use J. Welles Wilder's average directional index (ADX) as an indicator of trend strength, or perhaps the r² value from linear regression analysis. Or you could even use the vertical horizontal filter (VHF) to help determine whether the market is trending. Each of these indicators requires the user to determine how many days' data should be used in the calculations. As you vary the indicator length or number of days used in the calculation, however, the result of the calculation changes also. Thus, there is no unambiguous answer. If the market were about to enter or leave a trading range, you could get a different indication of trend strength every day — a frustrating set of circumstances. RATING THE TREND Here is my way of rating a trend, a method I call trendscore. Add up the score for 10 comparisons; the score varies from + 10 to -10. If today's close is greater than all the previous closes, then the trend's score is +10; if today's close is less than all the previous closes, the score is -10. You can smooth the data by adding fewer than 10 days or more than 10 days. A positive score shows an upward trend bias. Similarly, a negative score shows a downward bias. A shorter time of comparison may be too volatile, producing frequent trend change signals, while a longer comparison time is slow to respond. During long trends, the trendscore remains at the outer limits, +10 or -10, for the duration of the trend. In sideways markets, the score doesn't remain at +10 or -10 for long, oscillating between these limits. How to Use this Indicator You could trade the trendscore many ways. You could use the zero crossing as an early signal. You would then buy when the trendscore becomes positive and sell when it becomes negative. Or you could wait one to three days after the trendscore reaches +10 or -10 before buying (+ 10) or selling (-10) . Or you could combine the trendscore with a moving average, trading an upward or downward cross over. Another variation would be to go long after the trendscore crosses from -10 to above +5 and go short after the trendscore falls from +10 to below 5. The approach you choose depends on your trading style. You could also smooth the trendscore with more or fewer days than I used in my calculations. You could, for example, use fewer than 10 days for short-term and 20 to 30 days for intermediate-term trading. You could also combine trendscore with other indicators of trend strength. For example, if you combined it with the VHF indicator, trendscore would provide an indication of direction, while the VHF could provide additional information about the trend's strength. You could also substitute intraday data in the trendscore method for short-term trading, using hourly data to calculate a trend's score instead of daily data. Trendscore is a simple way to rate trend strength. It indicates both the direction and strength of the trend and can be easily combined with various trend-following strategies.
Indicatore Pine Script™
di theheirophant
8
🥢Crypto-Sticks: Williams % R by Cryptorthyhms🥢 Crypto-Sticks™ Williams %R 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 New in this indicator 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. Volume weighting the HA candles adds a different dimension to the indicator which I have to explore more fully. With W%R I find it to be an interesting transformation of the output. The indicator tends to stay in overbought ranges longer, and only dips quickly to oversold. The opposite is also true in a downtrend. In this example I would personally increase the overbought zone and decrease the oversold zone to match up better with the historical results. An example of VW+HA: 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 isn't open only to subscribers - everyone is welcome to join.
Indicatore Pine Script™
di theheirophant
🥢Crypto-Sticks: True Strength Index 1.0 by Cryptorthyhms🥢 Crypto-Sticks™ True Strength Index A new series of indicators brought to you by Cryptorthyhms...giving you an alternate look at your trusted favorites! 🚀 Indicator Specific Info Signal Line can be configured in options, but I personally prefer heiken candles to the signal line. ⛔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. The OB/OS zones are given in two levels, because often you can find a line of best fit that will hit "small movements" and one that will hit "big movements." In this case I chose 25 and -25 for the small zones. For the bigger zones I chose 50 and -50. Heiken Ashi candles 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. Here is the Heiken Ashi example: Volume weighting the HA candles adds a different dimension to the indicator which I have to explore more fully. On this particular indicator it adds alot -1.51% more noise, and I dont particularly care for it, but YMMV. Example of what I mean: 💭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.
Indicatore Pine Script™
di theheirophant
2
Power Oscillator by Atilla YurtsevenThis is the oscillator i have developed to find out the strength of the trends and the end of the pullbacks or the trends. Of course this is not the only way. Still needs more confirmations. You can chose RSI, Momentum, Price or DeMarker as Oscillator type. Price type is one of the models i have developed. The others are calculated using RSI, Momentum and DeMarker. Please remember to share your strategies, thoughts using Power oscillator and add some comments. Disclaimer: This is not a financial advice. Shared for educational purposes only! Happy trading Atilla Yurtseven
Indicatore Pine Script™
di AtillaYurtseven
1
DiNapoli Bundle Overlay (4-in-1)DiNapoli Overlays 4-in-1 is a Bundle that includes the 4 studies used by DiNapoli in the price chart in just 1 single indicator : DiNapoli Color Candles DiNapoli MACD Predictor (MacdP) DiNapoli Oscillator Predictor (OscP) DiNapoli DMAs This Bundle version includes the following features : Ability to select multiple Overlay Studies to be plotted: Colored Candles, MacdP, OscP, DMAs Show/Hide each indicator Show/Hide each DMA Plot Stop Grabbers Set OB/OS Oscillation Period Set OB/OS Factor Ratio to each Market Show OB/OS Levels Show Preceding OB/OS Cloud For convenience it also includes Custom Alerts . Now it is possible to get alerts on: Signal DiNapoli Cycle Shift New DiNapoli Bull Cycle New DiNapoli Bear Cycle Signal DiNapoli Cycle Strength DiNapoli Bull Cycle Strength DiNapoli Bear Cycle Strength Signal DiNapoli Cycle Weakness DiNapoli Bull Cycle Weakness DiNapoli Bear Cycle Weakness MACDP Cross MACDP Bullish Cross MACDP Bearish Cross Stop Grabber Bullish Stop Grabber Bearish Stop Grabber OverBought Condition Entering OverBought Condition Exiting OverBought Condition OverSold Condition Entering OverSold Condition Exiting OverSold Condition DMA Cross Bullish DMA Cross Bearish DMA Cross This indicator is meant to be used by professional traders. If you would like to subscribe , please send me a private message.
Indicatore Pine Script™
di gliderfund
1
DiNapoli Bundle Oscillators 3-in-1DiNapoli Oscillators 3-in-1 is a Bundle that includes the 3 oscillators used by DiNapoli in just 1 single indicator : DiNapoli MACD (Dema) DiNapoli Preferred Stochastic DiNapoli Detrended Oscillator (DOSC) This Bundle version includes the following features : Ability to select which Oscillator to plot: MACD, Stochastic or Detrended Show/Hide the Oscillation Lines Show Crosses with Signal Line Add a label to each oscillator for ease of identification Adapt OB/OS Factor Ratio to each Market Show OB/OS Levels Show Preceding OB/OS Cloud Show Divergences (experimental) For convenience it also includes Custom Alerts . Now it is possible to get alerts on: Oscillator Cross Bullish Oscillator Cross Bearish Oscillator Cross OverBought Condition Entering OverBought Condition Exiting OverBought Condition OverSold Condition Entering OverSold Condition Exiting OverSold Condition Possible Regular Divergence Possible Regular Bullish Divergence Possible Regular Bearish Divergence This indicator is meant to be used by professional traders. If you would like to subscribe , please send me a private message.
Indicatore Pine Script™
di gliderfund
DiNapoli Detrended Oscillator (DOSC)DiNapoli Detrended Oscillator (DOSC) is a custom indicator used for identifying OverBought (OB) and OverSold (OS) condition in markets. This version of the indicator includes the following features : Show/Hide the Oscillation Lines Set Custom Oscillation Periods Adapt OB/OS Factor Ratio to each Market Show OB/OS Levels Show Preceding OB/OS Cloud Highlight OB/OS Condition in the Line Show the Zero Line Show Divergences (experimental) For convenience it also includes Custom Alerts . Now it is possible to get alerts on: OverBought Condition Entering OverBought Condition Exiting OverBought Condition OverSold Condition Entering OverSold Condition Exiting OverSold Condition Oscillator Cross Bullish DOSC Strength Bearish DOSC Strength Possible Regular Divergence Possible Regular Bullish Divergence Possible Regular Bearish Divergence This indicator is meant to be used by professional traders. If you would like to subscribe , please send me a private message.
Indicatore Pine Script™
di gliderfund
1
FofT - 1h, 4h, and Daily RSI in any time intervalView multiple-timeframe RSIs in a single interval. All RSI lines stay the same no matter your preference to trade in 15m, 1h, 3h…. etc. Default RSI length is 7 (can be changed in the format settings) All RSIs are smoothed out in default (can be changed in the format settings) Line colors 5m RSI - white (disabled in default) 15m RSI - Lime (disabled in default) 1h RSI - Yellow 4h RSI - Red D RSI - Blue Overbought and Oversold threshold colors >70 (grey) - overbought >80 (orange) - highly overbought >90 (pink) - extremely overbought =50 (black dotted lines) - equilibrium <30 (grey) - oversold <20 (orange) - highly oversold <10 (pink) - extremely oversold How to add to chart * Click on "Add to Favorite scripts" in the bottom right * While in chart view click on "/" button on your keyboard or click on the Indicators button on the top tool bar * Go to Favorites Tab and click on this indicator Other interval RSIs will be added based on request. Feel free to leave any questions or requests in the comment section below. If you find this script useful, please like and share.
Indicatore Pine Script™
di FofT
3