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Indicatori e strategie

Day of Week and HTF Period SeparatorDay of Week & HTF Period Separator A minimalist Pine Script indicator that adds clear, time-based separators and labels to intraday charts for better structure and analysis. Key Features • Day Labels • Displays abbreviated weekday names (MON, TUE, WED, etc.) at a user-defined hour • Custom text color and position • Limits display to the most recent 28 days for a clean view • Time Separators • Daily: Vertical line at 00:00 each trading day • 4-Hour: Lines at 00:00, 04:00, 08:00, 12:00, 16:00, 20:00 • Hourly: Divisions at every hour for detailed timing • Customization • Individual color picker for each separator type • Choose line style: Solid, Dashed or Dotted • Enable or disable any separator or label independently • Smart limits to avoid clutter on extended history • Smart Behavior • Active only on intraday timeframes • Projects upcoming separators into the future for planning • Automatically caps historical plotting for performance • Lines extend across full visible price range Perfect for traders who need distinct session breaks, precise time-based zoning and an organized chart layout. Inputs • Show Day Labels (true/false) • Label Hour (0–23) • Day Label Color • Show Daily Separators (true/false) • Show 4H Separators (true/false) • Show 1H Separators (true/false) • Daily Line Color, Style • 4H Line Color, Style • Hourly Line Color, Style • Max Days to Display Enhance your intraday analysis with clean, customizable time markers. 👁
Indicatore Pine Script®
di maxretri
StochRSI Context EngineThe StochRSI Context Engine is a premium, logic-driven indicator built to provide comprehensive intraday momentum context using multi-timeframe Stochastic RSI analysis. Rather than issuing direct buy or sell signals, the tool is designed to give traders enhanced clarity on trend posture, overbought/oversold conditions, volatility states, and potential momentum reversals. It combines multiple layers of signal processing to deliver an intelligent overview of market conditions in real time. What it does: The indicator performs a multi-timeframe evaluation of the Stochastic RSI, sampling values from four customizable timeframes (default: 5m, 15m, 1h, 4h). These values are blended and processed through a series of analytical engines to provide the following: 1. StochRSI Multi-Timeframe Engine * Computes a smoothed Stochastic RSI value on each selected timeframe. * Applies user-defined smoothing (SMA, EMA, RMA, or WMA). * Aggregates these into an average (sRSIavg) for further analysis. 2. Trend and Volatility Engine * Uses EMA stacking logic (8, 21, 50) to determine directional alignment. * Calculates linear regression slope for directional bias. * Assesses volatility using ATR relative to price. * Derives a trendScore based on EMA alignment, price position, and slope strength. 3. Bias and Slope Analysis * Measures fast/slow EMA slope differentials to detect bias direction and strength. * Computes slope deltas and volatility-weighted stacking to score bias conditions. * Outputs a classification such as strong bullish, moderate bearish, or neutral. 4. Dynamic OB/OS Zone Detection * Adapts overbought and oversold thresholds based on volatility and trend regime. * Adjusts the zone boundaries if in a trending or high-volatility environment. 5. Microzone Proximity Detection * Tracks whether the average StochRSI is approaching key OB/OS thresholds. * Flags conditions like “Near Overbought,” “Near Oversold,” or “Mid Range.” 6. Velocity and Acceleration Detection * Measures how quickly StochRSI values are changing. * Uses delta calculations to gauge the momentum’s thrust or decay. * Classifies shifts in RSI movement (e.g., flat, slow, fast, or thrusting). 7. Range Expansion / Compression Engine * Evaluates whether StochRSI values across timeframes are diverging or compressing. * Identifies regime changes in momentum coherence. 8. Momentum Scoring System * Calculates a composite score based on bias, slope strength, volatility, and range. * Labels momentum phases from dormant to full-throttle. 9. Confluence Detection * Tallies how many of the 4 timeframes are currently overbought or oversold. * High confluence increases the probability of valid reversal or continuation zones. 10. Support and Resistance Zone Memory * Tracks and plots previous areas where StochRSI bounced or rejected near zones. * Stores and updates these zones over time, acting as momentum-based S/R levels. * Includes a proximity check to cluster zones that are close in value. 11. Divergence Detection Engine * Detects classic bullish or bearish divergence between price and the aggregated StochRSI. * Draws lines to show divergence structure and triggers real-time alerts. 12. Smart Background Highlighting * Shades the background based on whether current StochRSI is in an overbought, oversold, or neutral zone. 13. Real-Time Dashboard * Displays trend, bias, confluence count, velocity, divergence state, momentum score, and more. * Dynamically updates and is optimized for top-right screen positioning with compact formatting. 14. Smart Alerts * Issues alerts for divergence detection and high-confluence reversal conditions. 15. Real-Time Labels on Curves * Shows the selected timeframes alongside each plotted StochRSI line to clarify source data. What it’s based on: * Stochastic RSI as the core input signal, providing normalized momentum across timeframes. * EMA stacking logic, adapted from institutional trend-following models. * Volatility normalization using ATR to adapt thresholds in high vs. low volatility environments. * Slope forecasting using linear regression to infer directional conviction. * Bias analysis modeled on a composite of EMA distance, alignment, and directional thrust. * Support/resistance zone memory derived from repeated interaction with dynamic OB/OS thresholds. * Divergence logic based on localized price and oscillator peaks/troughs. * Multi-factor confidence scoring, aggregating up to 6 inputs to rate market clarity. This script is for educational and informational purposes only. It does not generate trade signals or provide financial advice. It is not intended to be used as a standalone system for trading or investment decisions. Use at your own discretion. Always confirm with your broader strategy and risk management practices.
Indicatore Pine Script®
di AresIQ
Quadruple EMA (QEMA)The Quadruple Exponential Moving Average (QEMA) is an advanced technical indicator that extends the concept of lag reduction beyond TEMA (Triple Exponential Moving Average) to a fourth order. By applying a sophisticated four-stage EMA cascade with optimized coefficient distribution, QEMA provides the ultimate evolution in EMA-based lag reduction techniques. Unlike traditional compund moving averages like DEMA and TEMA, QEMA implements a progressive smoothing system that strategically distributes alphas across four EMA stages and combines them with balanced coefficients (4, -6, 4, -1). This approach creates an indicator that responds extremely quickly to price changes while still maintaining sufficient smoothness to be useful for trading decisions. QEMA is particularly valuable for traders who need the absolute minimum lag possible in trend identification. ▶️ **Core Concepts** Fourth-order processing: Extends the EMA cascade to four stages for maximum possible lag reduction while maintaining a useful signal Progressive alpha system: Uses mathematically derived ratio-based alpha progression to balance responsiveness across all four EMA stages Optimized coefficients: Employs calculated weights (4, -6, 4, -1) to effectively eliminate lag while preserving compound signal stability Numerical stability control: Implements initialization and alpha distribution to ensure consistent results from the first calculation bar QEMA achieves its exceptional lag reduction by combining four progressive EMAs with mathematically optimized coefficients. The formula is designed to maximize responsiveness while minimizing the overshoot problems that typically occur with aggressive lag reduction techniques. The implementation uses a ratio-based alpha progression that ensures each EMA stage contributes appropriately to the final result. ▶️ **Common Settings and Parameters** Period: Default: 15| Base smoothing period | When to Adjust: Decrease for extremely fast signals, increase for more stable output Alpha: Default: auto | Direct control of base smoothing factor | When to Adjust: Manual setting allows precise tuning beyond standard period settings Source: Default: Close | Data point used for calculation | When to Adjust: Change to HL2 or HLC3 for more balanced price representation Pro Tip: Professional traders often use QEMA with longer periods than other moving averages (e.g., QEMA(20) instead of EMA(10)) since its extreme lag reduction provides earlier signals even with longer periods. ▶️ **Calculation and Mathematical Foundation** Simplified explanation: QEMA works by calculating four EMAs in sequence, with each EMA taking the previous one as input. It then combines these EMAs using balancing weights (4, -6, 4, -1) to create a moving average with extremely minimal lag and high level of smoothness. The alpha factors for each EMA are progressively adjusted using a mathematical ratio to ensure balanced responsiveness across all stages. Technical formula: QEMA = 4 × EMA₁ - 6 × EMA₂ + 4 × EMA₃ - EMA₄ Where: EMA₁ = EMA(source, α₁) EMA₂ = EMA(EMA₁, α₂) EMA₃ = EMA(EMA₂, α₃) EMA₄ = EMA(EMA₃, α₄) α₁ = 2/(period + 1) is the base smoothing factor r = (1/α₁)^(1/3) is the derived ratio α₂ = α₁ × r, α₃ = α₂ × r, α₄ = α₃ × r are the progressive alphas Mathematical Rationale for the Alpha Cascade: The QEMA indicator employs a specific geometric progression for its smoothing factors (alphas) across the four EMA stages. This design is intentional and aims to optimize the filter's performance. The ratio between alphas is **r = (1/α₁)^(1/3)** - derived from the cube root of the reciprocal of the base alpha. For typical smoothing (α₁ < 1), this results in a sequence of increasing alpha values (α₁ < α₂ < α₃ < α₄), meaning that subsequent EMAs in the cascade are progressively faster (less smoothed). This specific progression, when combined with the QEMA coefficients (4, -6, 4, -1), is chosen for the following reasons: 1. Optimized Frequency Response: Using the same alpha for all EMA stages (as in a naive multi-EMA approach) can lead to an uneven frequency response, potentially causing over-shooting of certain frequencies or creating undesirable resonance. The geometric progression of alphas in QEMA helps to create a more balanced and controlled filter response across a wider range of movement frequencies. Each stage's contribution to the overall filtering characteristic is more harmonized. 2. Minimized Phase Lag: A key goal of QEMA is extreme lag reduction. The specific alpha cascade, particularly the relationship defined by **r**, is designed to minimize the cumulative phase lag introduced by the four smoothing stages, while still providing effective noise reduction. Faster subsequent EMAs contribute to this reduced lag. 🔍 Technical Note: The ratio-based alpha progression is crucial for balanced response. The ratio r is calculated as the cube root of 1/α₁, ensuring that the combined effect of all four EMAs creates a mathematically optimal response curve. All EMAs are initialized with the first source value rather than using progressive initialization, eliminating warm-up artifacts and providing consistent results from the first bar. ▶️ **Interpretation Details** QEMA provides several key insights for traders: When price crosses above QEMA, it signals the beginning of an uptrend with minimal delay When price crosses below QEMA, it signals the beginning of a downtrend with minimal delay The slope of QEMA provides immediate insight into trend direction and momentum QEMA responds to price reversals significantly faster than other moving averages Multiple QEMA lines with different periods can identify immediate support/resistance levels QEMA is particularly valuable in fast-moving markets and for short-term trading strategies where speed of signal generation is critical. It excels at capturing the very beginning of trends and identifying reversals earlier than any other EMA-derived indicator. This makes it especially useful for breakout trading and scalping strategies where getting in early is essential. ▶️ **Limitations and Considerations** Market conditions: Can generate excessive signals in choppy, sideways markets due to its extreme responsiveness Overshooting: The aggressive lag reduction can create some overshooting during sharp reversals Calculation complexity: Requires four separate EMA calculations plus coefficient application, making it computationally more intensive Parameter sensitivity: Small changes in the base alpha or period can significantly alter behavior Complementary tools: Should be used with momentum indicators or volatility filters to confirm signals and reduce false positives ▶️ **References** Mulloy, P. (1994). "Smoothing Data with Less Lag," Technical Analysis of Stocks & Commodities . Ehlers, J. (2001). Rocket Science for Traders . John Wiley & Sons.
Indicatore Pine Script®
di mihakralj
Premarket High/Low (Horizontal Rays)=== Script Description === This TradingView script automatically detects and displays the high and low prices during the premarket session (04:00–09:30 Eastern Time) for the current trading day. It draws horizontal rays that extend across the chart and labels them as "PM High" and "PM Low". These markers are refreshed daily and only apply to today's session. The script also provides full customization for: - Line color, width, and style (solid, dotted, dashed) - Label text color, background color, size, and style (left, right, up, down) Time note: This script assumes data aligned with U.S. market hours.
Indicatore Pine Script®
di Husky1111
RSI mura visionOverview
 The Enhanced RSI with Custom 40/60 Zones is a Pine Script™ v6 open-source indicator that builds on the classic Relative Strength Index by adding two additional horizontal levels at 40 and 60, alongside the standard 30/70. These extra zones help you identify early momentum shifts and distinguish trending markets from ranging ones with greater precision. Key Features & Originality * Custom Mid-Zones (40/60): Standard RSI signals can be noisy around the 50 midpoint. By marking 40 as a “weak momentum” threshold and 60 as a “strong momentum” confirmation, you get clearer entry and exit cues. * Color-Coded Zones: The RSI line changes color when crossing 40, 50, 60, 70, and 30, letting you visually spot momentum acceleration or deceleration. * Configurable Alerts: Built-in alert conditions fire when RSI crosses 40 or 60 in either direction, so you never miss a potential trend onset or exhaustion. * Lightweight & Clean: No external dependencies, no look-ahead bias, and minimal repainting—ideal for both novice and professional traders. How It Works 1. Momentum Decomposition: The standard 14-period RSI measures overbought/oversold extremes. Adding 40/60 lets you see when momentum shifts from neutral to bullish (crossing above 60) or bearish (dropping below 40) earlier than the classic 70/30 thresholds. 2. Trend Confirmation vs. Pullbacks: Readings between 40–60 often correspond to healthy pullbacks within a trend. A bounce off 40 suggests continuation; a rejection at 60 warns of a deeper pullback or reversal. Usage & Inputs * RSI Length (default 14): Period for calculating RSI. * Level Inputs: Customize levels for overbought (70), support (60), neutral (50), weak (40), and oversold (30). * Alert Toggles: Enable/disable alerts on each cross. Why This Adds Value * Early Signals: Capture trend beginnings before the market reaches extreme overbought/oversold levels. * Noise Reduction: Filter sideways chop by watching the 40–60 corridor. * Flexibility: Works on any timeframe or ticker. Pine Script™ Version: v6
 Open-Source License: MPL-2.0
 Feel free to fork, modify, and share.
Indicatore Pine Script®
di trading_mura
Full Day Midpoint Line with Dynamic StdDev Bands (ETH & RTH)A Pine Script indicator designed to plot a midpoint line based on the high and low prices of a user-defined trading session (typically Extended Trading Hours, ETH) and to add dynamic standard deviation (StdDev) bands around this midpoint. Session Midpoint Line: The midpoint is calculated as the average of the session's highest high and lowest low during the defined ETH period (e.g., 4:00 AM to 8:00 PM). This line represents a central tendency or "fair value" for the session, similar to a pivot point or volume-weighted average price (VWAP) anchor. Interpretation: Prices above the midpoint suggest bullish sentiment, while prices below indicate bearish sentiment. The midpoint can act as a dynamic support/resistance level, where price may revert to or react at this level during the session. Dynamic StdDev Bands: The bands are calculated by adding/subtracting a multiple of the standard deviation of the midpoint values (tracked in an array) from the midpoint. The standard deviation is dynamically computed based on the historical midpoint values within the session, making the bands adaptive to volatility. Interpretation: The upper and lower bands represent potential overbought (upper) and oversold (lower) zones. Prices approaching or crossing the bands may indicate stretched conditions, potentially signaling reversals or breakouts. Trend Identification: Use the midpoint as a reference for the session’s trend. Persistent price action above the midpoint suggests bullishness, while below indicates bearishness. Combine with other indicators (e.g., moving averages, RSI) to confirm trend direction. Support/Resistance Trading: Treat the midpoint as a dynamic pivot point. Price rejections or consolidations near the midpoint can be entry points for mean-reversion trades. The StdDev bands can act as secondary support/resistance levels. For example, price reaching the upper band may signal a potential short entry if accompanied by reversal signals. Breakout/Breakdown Strategies: A strong move beyond the upper or lower band may indicate a breakout (bullish above upper, bearish below lower). Confirm with volume or momentum indicators to avoid false breakouts. The dynamic nature of the bands makes them useful for identifying significant price extensions. Volatility Assessment: Wider bands indicate higher volatility, suggesting larger price swings and potentially riskier trades. Narrow bands suggest consolidation, which may precede a breakout. Traders can prepare for volatility expansions in such scenarios. The "Full Day Midpoint Line with Dynamic StdDev Bands" is a versatile and visually intuitive indicator well-suited for day traders focusing on session-specific price action. Its dynamic midpoint and volatility-adjusted bands provide valuable insights into support, resistance, and potential reversals or breakouts.
Indicatore Pine Script®
di thericetrader
Selectable Time Stoch Quad OscillatorJust like my other Stochastic oscillator, with the addition of selectable timeframe! Stoch Quad Oscillator — User Guide 🧠 Overview The Stoch Quad Oscillator is a multi-timeframe momentum indicator that tracks four independent stochastic %D lines, each with different smoothing and period settings. It helps detect strong bullish or bearish rotational conditions and overbought/oversold extremes across timeframes. This version includes: Configurable timeframe (default: 1-minute) using security() Slope-based rotation detection across four stochastic levels Background highlights for strong bullish/bearish momentum setups ⚙️ Inputs & Parameters 🕒 Timeframe Timeframe for Stochastic Calculation Type: timeframe Default: "1" (1-minute) Sets the timeframe on which all stochastic calculations are performed using request.security(). 📈 Stochastic Levels Each stochastic level has its own %K period and %D smoothing: Level %K Length %D Smoothing Default Label 1 9 3 %D K9 D3 2 14 3 %D K14 D3 3 40 4 %D K40 D4 4 60 10 %D K60 D10 Smoothing Type: Choose between SMA and EMA for the %D line (default: EMA). 📊 Overbought / Oversold Levels Overbought Level: Default = 80 Oversold Level: Default = 20 Used to highlight all four stochastics being in extreme zones. 🔁 Quad Rotation Detection Detects high-momentum reversals across all four stochastic levels using slope and aggregate thresholds. Setting Description Enable Quad Rotation Enables detection of bullish/bearish multi-level slope convergence Slope Calculation Bars How many bars back to compare the slope Slope Threshold Slope required to trigger a sharp rotation Oversold Quad Level Total %D value across all 4 levels to consider as oversold (default: 90) Overbought Quad Level Total %D value to consider as overbought (default: 310) Slope Averaging Method "Simple" or "Weighted" slope averaging across levels Max Signal Bar Window Future-proof field (not actively used in this version) 🎨 Visualization Colors Bullish Rotation Highlight: Background color when bullish quad rotation is detected Bearish Rotation Highlight: Background color when bearish quad rotation is detected Also includes faint background when all four %D values are simultaneously: Above the overbought level (deep red) Below the oversold level (deep green) 📉 Chart Display ✅ Lines Plotted Four %D lines representing different stochastic timeframes and lengths Overbought (80) and Oversold (20) horizontal reference lines 🎯 Background Highlights Light Green: Bullish rotation across all 4 stochastics from oversold zone with strong slope up Light Red: Bearish rotation across all 4 stochastics from overbought zone with strong slope down Faint Red/Green: All four stochastics are above or below extreme levels 📌 How to Use Bullish Setup All four %D lines are oversold (sum < oversoldQuadLevel) Average slope across levels is rising above slopeThreshold Background turns light green — signals potential reversal up Bearish Setup All four %D lines are overbought (sum > overboughtQuadLevel) Average slope across levels is falling below -slopeThreshold Background turns light red — signals potential reversal down 🚧 Limitations Uses only %D lines (smoothed K) — raw %K values are not plotted Assumes valid %D range is , clamps values accordingly Not predictive — signals may lag if settings are too long or slope is too smooth May repaint when using higher timeframes due to request.security() behavior 🧪 Tips for Power Users Set timeframe to "5" or "15" to align fast signals with higher-timeframe context Combine with price action tools (support/resistance, trendlines, candles) for confirmation Use "Weighted" slope averaging to emphasize longer-period stochastic moves
Indicatore Pine Script®
di kb1ath
RSI Divergence Indicator - Trading VidhyalayaThis indicator automatically identifies RSI-based bullish and bearish divergences and visually marks them directly on the candlestick chart, making it easier for traders to spot potential reversals. ✅ Key Features: Bullish Divergence When the price makes a lower low, but the RSI makes a higher low, the indicator highlights the candle with a green arrow or label to signal potential upward reversal. Bearish Divergence When the price makes a higher high, but the RSI forms a lower high, the indicator marks the candle with a red arrow or label to indicate a possible downside move. Real-time Detection Divergences are plotted in real-time, helping traders react quickly to changing market conditions. Candlestick Overlay Signals are shown directly on the chart, rather than below in a separate panel, allowing for faster and clearer decision-making. 📊 Benefits: Helps in identifying early trend reversals Works well with other indicators like MACD, Moving Averages, or Volume Great for both beginners and advanced traders Saves time by automating divergence spotting, reducing manual errors
Indicatore Pine Script®
di kaushikkumar222
1
Customizable 10‑MA SuiteCustomizable 10‑Moving‑Average Suite OverviewPlot up to 10 independent moving averages on a single chart. Every line can be tailored to your trading style with adjustable length, timeframe, MA type (SMA, EMA, WMA, RMA, VWMA, HMA, LinReg), data source, colour, width, and plot style. Key Features True multi‑time‑frame support via request.security(): mix intraday and higher‑time‑frame MAs effortlessly. Fine‑grained visibility control: toggle each MA on/off to keep charts clean and script performance high. Versatile display options: choose between line, step, histogram, or area plots for every MA. Typical Use‑Cases Quickly compare short‑, medium‑, and long‑term trends. Identify dynamic support/resistance and moving‑average crossovers. Add confluence to existing strategies or discretionary setups. Pro TipHighlight your primary trend MA with a thicker line and bolder colour, while setting secondary MAs to thinner or dashed styles—this keeps focus where it matters and prevents visual clutter. Enjoy!
Indicatore Pine Script®
di jnotlehs
SOXL Trend Surge v3.0.2 – Profit-Only RunnerSOXL Trend Surge v3.0.2 – Profit-Only Runner Optimized for the 45-minute chart Description: A refined breakout strategy tailored for SOXL on the 45-minute timeframe, this version of the Trend Surge engine eliminates stop losses entirely to focus on pure trend exploitation. Version 3.0.2 uses dynamic partial exits and trailing profits, enabling trades to run uninterrupted through volatile momentum expansions. Performance Snapshot (45m timeframe): +641% cumulative return 96.88% win rate (62 of 64 trades) Avg. profit per trade: $50.09 Profit factor: 370.77 Max drawdown: 32.84% Largest win: $148.47 Only 2 losing trades total Entry Criteria: Price > 200 EMA Supertrend bullish ATR increasing (volatility-confirmation) Volume above 20-bar average Trade window: 7am–12pm PST Exit Strategy: Take 50% profit at 2× ATR gain Remaining position rides via 1.5× ATR trailing stop No stop loss, no RSI or break-even exit Ideal For: Webull cash traders ETF swing scalpers Automated alert-to-order workflows (Alpaca, TradingView alerts, etc.) Traders who prefer let-the-run happen style risk management
Strategia Pine Script®
di StockaTon
EMA Distance Indicator [Eddie_Bitcoin]🧠 EMA Distance Indicator This indicator is a powerful statistical tool designed to provide enhanced context and signal confirmation for traders who want to go beyond price action alone. 🔍 What It Does It calculates and visualizes the distance (%) between two EMAs (Fast & Slow) on either the current chart symbol or a selected macro/index reference (e.g., BTC Dominance, TOTAL2, SPX). But it doesn't stop there: Core Features: ✅ Real-time percentage distance between Fast and Slow EMAs 📈 Slope (acceleration) of the distance to capture trend momentum 🎯 Gaussian-based percentile rank of the current distance over a configurable historical sample 📊 Dynamic table display with intuitive emoji-based cues 🟢 Highlights extreme conditions (e.g., TOP 5% or LOW 5% percentile zones) 🔀 Compare both current asset and a macro/index asset side by side 💡 Display Modes: Show only current symbol Show only index/macro symbol Show both with independently positioned tables 🎯 Ideal Use Case This is not a standalone strategy, but rather a statistical enhancement module designed to pair with tools like my 👉 “AltCoin Index Correlation” indicator. It gives traders a quick-glance view of strength, divergence, and macro alignment for better timing and confidence. Whether you’re trading altcoins, tracking dominance charts, or watching indices, this tool offers deep visual insight into EMA-based dynamics — wrapped in a clean, emoji-driven UI. 🛠 Created with ❤️ by @Eddie_Bitcoin 🚀 ### Check my profile for other juicy hints and original strategies. ### 🚀
Indicatore Pine Script®
di Eddie_Bitcoin
Parsifal.RSI.TrendContext The Relative Strength Index (RSI) is one of the most widely used classical indicators in technical analysis, typically employed to identify overbought or oversold market conditions. It reflects the degree of upside or downside dominance within a specified period. However, in its standard form, RSI is not particularly effective as a standalone entry trigger. The Parsifal.RSI.Trend indicator builds upon the RSI to offer a more reliable method for distinguishing between bullish and bearish market regimes. It is a very simple, but surprisingly efficient concept. ________________________________________ Concept In trending markets, an Exponential Moving Average (EMA) of the price is often smoother and more stable than raw price data. As a result, the RSI calculated on this smoothed price (i.e., the EMA) tends to react earlier and more consistently than the standard RSI. Specifically: • In uptrends, the RSI of the EMA tends to exceed the RSI of the original price. • In downtrends, it tends to lag behind. The difference between these two RSI readings provides a stable and less noisy measure of market bias—positive in uptrends, negative in downtrends. ________________________________________ Indicator Mechanics The RSI.Trend indicator works as follows: • Baseline: o 14-period RSI of the original price (RSI) o 14-period EMA of that RSI (RSI.EMA) • Trigger Line: o 5-period EMA of the price series o 14-period RSI on that smoothed price (RSI5M) o 14-period EMA of RSI5M (RSI5M.EMA) • The difference between the trigger line and the baseline reflects the current trend regime: o A crossover of the trigger line above the baseline indicates a shift to a bullish regime. o A crossunder signals a transition to a bearish regime. ________________________________________ RSI.Trend Background Value The RSI.Trend Flow Background enhances this difference by incorporating recent changes in the trend state. This produces a slightly accelerated signal and visually shades the background: • > 0 (Green background): Bullish regime • < 0 (Red background): Bearish regime ________________________________________ How to Use RSI.Trend • Use crossovers and crossunders between the trigger line and the baseline as entry signals or confirmation of regime shifts. • The background value can serve as: o A secondary confirmation signal o A position sizing multiplier for continuous trading, adjusting exposure based on the trend strength rather than relying on discrete entry points. ________________________________________ Final Notes As with all indicators, the RSI.Trend is most effective when used in conjunction with other technical tools and market context. It does not predict future price movements; rather, it reflects current market dynamics and recent directional tendencies. Use it with discretion and as part of a broader trading strategy.
Indicatore Pine Script®
di parsifaltrading