Money Flow ExtendedMoney Flow Extended (MF)
Definition
The Money Flow Extended (MF) indicator brings together the functionality of the Money Flow Index indicator (MFI) , a tool created by Gene Quong and Avrum Soudack and used in technical analysis for measuring buying and selling pressure, and The Relative Strength Index (RSI) , a well versed momentum based oscillator created by J.Welles Wilder Jr., which is used to measure the speed (velocity) as well as the change (magnitude) of directional price movements.
History
As the Money Flow Index (MFI) is quite similar to The Relative Strength Index (RSI), essentially the RSI with the added aspect of volume, adding a Moving Average, divergence calculation, oversold and overbought gradients, facilitates the transition from RSI, making the use of MFI pretty similar.
What to look for
Overbought/Oversold
When momentum and price rise fast enough, at a high enough level, eventual the security will be considered overbought. The opposite is also true. When price and momentum fall far enough, they can be considered oversold. Traditional overbought territory starts above 80 and oversold territory starts below 20. These values are subjective however, and a technical analyst can set whichever thresholds they choose.
Divergence
MF Divergence occurs when there is a difference between what the price action is indicating and what MF is indicating. These differences can be interpreted as an impending reversal. Specifically, there are two types of divergences, bearish and bullish.
Bullish MFI Divergence – When price makes a new low but MF makes a higher low.
Bearish MFI Divergence – When price makes a new high but MF makes a lower high.
Failure Swings
Failure swings are another occurrence which can lead to a price reversal. One thing to keep in mind about failure swings is that they are completely independent of price and rely solely on MF. Failure swings consist of four steps and are considered to be either Bullish (buying opportunity) or Bearish (selling opportunity).
Bullish Failure Swing
MF drops below 20 (considered oversold).
MF bounces back above 20.
MF pulls back but remains above 20 (remains above oversold)
MF breaks out above its previous high.
Bearish Failure Swing
MF rises above 80 (considered overbought)
MF drops back below 80
MF rises slightly but remains below 80 (remains below overbought)
MF drops lower than its previous low.
Summary
The Money Flow Extended (MF) can be a very valuable technical analysis tool. Of course, MF should not be used alone as the sole source for a trader’s signals or setups. MF can be combined with additional indicators or chart pattern analysis to increase its effectiveness.
Inputs
Length
The time period to be used in calculating the MF. 14 is the default.
Pivot Loopback
After how many bars you want the divergence to show, on the scale of 1-5. 5 is the default.
Calculate Divergence
Calculating divergences is needed in order for divergence alerts to fire.
Moving Average section
You can learn more about the inputs in the "Moving Average" section in this Help Center article .
Style
MF
Can toggle the visibility of the MF as well as the visibility of a price line showing the actual current value of the MF. Can also select the MF Line's color, line thickness and visual style.
MF-based MA
Can toggle the visibility of the MF-based MA as well as the visibility of a price line showing the actual current MA value. Can also select its color, line thickness and line style.
MF Upper Band
Can toggle the visibility of the Upper Band as well as sets the boundary, on the scale of 1-100, for the Upper Band (80 is the default). The color, line thickness and line style can also be determined.
MF Middle Band
Can toggle the visibility of the Middle Band as well as sets the boundary, on the scale of 1-100, for the Middle Band (50 is the default). The color, line thickness and line style can also be determined.
MF Lower Band
Can toggle the visibility of the Lower Band as well as sets the boundary, on the scale of 1-100, for the Lower Band (20 is the default). The color, line thickness and line style can also be determined.
MF Background Fill
Toggles the visibility of a Background color within the MF's boundaries. Can also change the Color itself as well as the opacity.
Overbought Gradient Fill
Can toggle the visibility of the Overbought Gradient Fill. Can also select its colors combination.
Oversold Gradient Fill
Can toggle the visibility of the Oversold Gradient Fill. Can also select its colors combination.
Precision
Sets the number of decimal places to be left on the indicator's value before rounding up. The higher this number, the more decimal points will be on the indicator's value.
Relative Strength Index (RSI)
VWAP RSI Crossover StrategyStrategy Concept:
Buy Signal: When the price crosses above the VWAP and the RSI crosses above a certain threshold (e.g., 30).
Sell Signal: When the price crosses below the VWAP and the RSI crosses below a certain threshold (e.g., 70).
VWAP Calculation:
We calculate the VWAP using the ta.vwap(close) function.
RSI Calculation:
The rsi variable is the RSI of the closing price with a length of rsiLength (default 14).
Buy Condition:
The condition for a buy signal is when the price crosses above the VWAP and the RSI is above the rsiOversold level (default 30).
Sell Condition:
The condition for a sell signal is when the price crosses below the VWAP and the RSI is below the rsiOverbought level (default 70).
Alerts:
Alerts are created for buy and sell signals based on the conditions defined above. You can enable these alerts in TradingView for real-time notifications.
Strategy Execution:
The strategy enters a long position when the buy condition is met and closes the position when the sell condition is met.
CJ - RSI - Daily, Weekly, MonthlyThe Single Indicator to showcase RSI - Daily, Weekly and Monthly Timeframe
Buy/Sell Signals (MACD + RSI) 1HThis is a Pine Script indicator for TradingView that plots Buy/Sell signals based on the combination of MACD and RSI indicators on a 1-hour chart.
Description of the Code:
Indicator Setup:
The script is set to overlay the Buy/Sell signals directly on the price chart (using overlay=true).
The indicator is named "Buy/Sell Signals (MACD + RSI) 1H".
MACD Settings:
The MACD (Moving Average Convergence Divergence) uses standard settings of:
Fast Length: 12
Slow Length: 26
Signal Line Smoothing: 9
The MACD line and the Signal line are calculated using the ta.macd() function.
RSI Settings:
The RSI (Relative Strength Index) is calculated with a 14-period setting using the ta.rsi() function.
Buy/Sell Conditions:
Buy Signal:
Triggered when the MACD line crosses above the Signal line (Golden Cross).
RSI value is below 50.
Sell Signal:
Triggered when the MACD line crosses below the Signal line (Dead Cross).
RSI value is above 50.
Signal Visualization:
Buy Signals:
Green "BUY" labels are plotted below the price bars where the Buy conditions are met.
Sell Signals:
Red "SELL" labels are plotted above the price bars where the Sell conditions are met.
Chart Timeframe:
While the code itself doesn't enforce a specific timeframe, the name indicates that this indicator is intended to be used on a 1-hour chart.
To use it effectively, apply the script on a 1-hour chart in TradingView.
How It Works:
This indicator combines MACD and RSI to generate Buy/Sell signals:
The MACD identifies potential trend changes or momentum shifts (via crossovers).
The RSI ensures that Buy/Sell signals align with broader momentum (e.g., Buy when RSI < 50 to avoid overbought conditions).
When the defined conditions for Buy or Sell are met, visual signals (labels) are plotted on the chart.
How to Use:
Copy the code into the Pine Script editor in TradingView.
Save and apply the script to your 1-hour chart.
Look for:
"BUY" signals (green): Indicating potential upward trends or buying opportunities.
"SELL" signals (red): Indicating potential downward trends or selling opportunities.
This script is simple and focuses purely on providing actionable Buy/Sell signals based on two powerful indicators, making it ideal for traders who prefer a clean chart without clutter. Let me know if you need further customization!
RSI with price volume by TradifyHere’s your RSI script with price volume, cleaned up and optimized:
Features:
RSI Calculation:
Computes RSI based on the user-defined length and source.
Midline (50) Plot:
A reference line at 50 for better RSI analysis.
Fill Visualization:
Highlights areas above 50 (red) and below 50 (aqua) for quick trend assessment.
Moving Averages:
Includes WMA (21, 5) for strength analysis and EMA (3) for price responsiveness.
If you’d like to add or adjust anything, let me know! 😊🙏
BTC GD9 vs GD100 w/RSI & MACD-Bestätigung (Chart: 6M, Kerze: 2H)
Tradingsignale für BTC: GD9 vs GD100 mit Bestätigung über RSI und MACD
Dieser Indikator wurde speziell für das Trading von Bitcoin entwickelt und kombiniert Trendfolgestrategien mit Momentum-Indikatoren. Er gibt klare Kauf- und Verkaufssignale aus und bietet eine einfache visuelle Unterstützung.
Signale:
Kaufsignal (BUY): Ein Kauf wird ausgelöst, wenn GD9 den GD100 von unten nach oben kreuzt, der RSI > 50 liegt und die MACD-Linie die Signallinie überkreuzt.
Verkaufssignal (SELL): Ein Verkauf wird ausgelöst, wenn GD9 den GD100 von oben nach unten kreuzt, der RSI < 50 liegt und die MACD-Linie unter die Signallinie fällt.
GD-Linien:
GD9 (grüne Linie): Kurzfristiger Trendindikator, der schnelle Kursbewegungen anzeigt.
GD100 (blaue Linie): Langfristiger Trendindikator, der größere Kursverläufe und Richtungen darstellt.
Chart-Anforderungen:
Zeiteinheit: 2-Stunden-Kerzen.
Zeitraum: 6-Monats-Chart (oder länger)
Hinweis: Dieser Indikator wurde speziell für volatile Märkte wie Bitcoin optimiert, bei denen schnelle Kursänderungen auftreten können.
Trading Signals for BTC: GD9 vs GD100 w/RSI w/MACD
This indicator is specifically designed for trading Bitcoin, combining trend-following strategies with momentum indicators. It provides clear buy and sell signals and offers simple visual support.
Signals:
Buy Signal (BUY): A buy is triggered when GD9 crosses above GD100, RSI > 50, and the MACD line crosses above the signal line.
Sell Signal (SELL): A sell is triggered when GD9 crosses below GD100, RSI < 50, and the MACD line crosses below the signal line.
GD Lines:
GD9 (green line): Short-term trend indicator, highlighting quick price movements.
GD100 (blue line): Long-term trend indicator, showing broader price trends and directions.
Chart Requirements:
Timeframe: 2-hour candles.
Period: 6-month chart to effectively utilize the signals.
Note: This indicator is specifically optimized for volatile markets like Bitcoin, where rapid price changes may occur.
BTC GD9 vs GD100 w/RSI & MACD-Bestätigung (Chart: 6M, Kerze: 1H)
Tradingsignale für BTC: GD9 vs GD100 mit Bestätigung über RSI und MACD
Dieser Indikator wurde speziell für das Trading von Bitcoin entwickelt und kombiniert Trendfolgestrategien mit Momentum-Indikatoren. Er gibt klare Kauf- und Verkaufssignale aus und bietet eine einfache visuelle Unterstützung.
Signale:
Kaufsignal (BUY): Ein Kauf wird ausgelöst, wenn GD9 den GD100 von unten nach oben kreuzt, der RSI > 50 liegt und die MACD-Linie die Signallinie überkreuzt.
Verkaufssignal (SELL): Ein Verkauf wird ausgelöst, wenn GD9 den GD100 von oben nach unten kreuzt, der RSI < 50 liegt und die MACD-Linie unter die Signallinie fällt.
GD-Linien:
GD9 (grüne Linie): Kurzfristiger Trendindikator, der schnelle Kursbewegungen anzeigt.
GD100 (blaue Linie): Langfristiger Trendindikator, der größere Kursverläufe und Richtungen darstellt.
Chart-Einstellungen:
Zeiteinheit: 2-Stunden-Kerzen.
Zeitraum: 6-Monats-Chart (min.)
Hinweis: Dieser Indikator wurde speziell für volatile Märkte wie Bitcoin optimiert, bei denen schnelle Kursänderungen auftreten können.
Trading Signals for BTC: GD9 vs GD100 w/RSI w/MACD
This indicator is specifically designed for trading Bitcoin, combining trend-following strategies with momentum indicators. It provides clear buy and sell signals and offers simple visual support.
Signals:
Buy Signal (BUY): A buy is triggered when GD9 crosses above GD100, RSI > 50, and the MACD line crosses above the signal line.
Sell Signal (SELL): A sell is triggered when GD9 crosses below GD100, RSI < 50, and the MACD line crosses below the signal line.
GD Lines:
GD9 (green line): Short-term trend indicator, highlighting quick price movements.
GD100 (blue line): Long-term trend indicator, showing broader price trends and directions.
Chart Requirements:
Chart: Timeframe: 2-hour candles. Period: 6-month chart to effectively utilize the signals.
Note: This indicator is specifically optimized for volatile markets like Bitcoin, where rapid price changes may occur.
Relative Strength with F&O stocks sector automatic mapping Determine the relative strength of a stock vis-a-vis a larger benchmark. Default is NIFTY50.
Key Features:
Sector Mapping: The script identifies the stock's sector using predefined arrays for sector stocks (e.g., healthcareStocks, energyStocks). It maps the stock to its sector index, like NSE:CNXIT for IT stocks.
Relative Strength Calculation: The RS is calculated by comparing the stock's price movements with its sector index or the default index.
Customizable Options:
Period (length) for RS calculation.
Display options like zero line, reference labels, trend color, etc.
Visual Enhancements:
Trend colors for RS crossovers.
Option to show moving averages of RS or price for confirmation.
note:- original author @bharatTrader
Relative Strength with F&O stocks sector automatic mapping Determine the relative strength of a stock vis-a-vis a larger benchmark. Default is NIFTY50.
Key Features:
Sector Mapping: The script identifies the stock's sector using predefined arrays for sector stocks (e.g., healthcareStocks, energyStocks). It maps the stock to its sector index, like NSE:CNXIT for IT stocks.
Relative Strength Calculation: The RS is calculated by comparing the stock's price movements with its sector index or the default index.
Customizable Options:
Period (length) for RS calculation.
Display options like zero line, reference labels, trend color, etc.
Visual Enhancements:
Trend colors for RS crossovers.
Option to show moving averages of RS or price for confirmation.
note:- original author @bharatTrader
original script :
updated by: @Sheladiya_Aakash , @Vijay0388
Custom RSI Zones by Auto MarketsCustom RSI Zones by Auto Markets is a simple yet powerful tool for traders to monitor overbought and oversold conditions on the Relative Strength Index (RSI). With customizable levels and a clean visual representation, this script is perfect for traders of all skill levels.
Key Features:
• Customizable RSI Length: Adjust the RSI calculation period to fit your strategy.
• Overbought and Oversold Zones: Clearly marked at user-defined levels (default: 70 for overbought, 30 for oversold).
• Clean RSI Plot: Displays the RSI line on your chart for quick decision-making.
• Includes Auto Markets branding, ensuring professional credibility.
How to Use:
1. Set the RSI Length based on your preferred trading timeframe.
2. Customize the Overbought and Oversold Levels to align with your strategy.
3. Look for signals:
• Overbought Zone: RSI above the overbought level may indicate a potential reversal or correction.
• Oversold Zone: RSI below the oversold level may indicate a potential upward move.
About Auto Markets:
Developed by Auto Markets, a trusted name in trading solutions. Visit us at www.automarkets.co.uk for more innovative tools and insights.
EMA Smoothed RSI 30 and RSI 14This Indicator plots EMA Smoothed RSI 14 and RSI 30 and the angular elevation / declination over a user inputted lookback period. 14 crossing 30 creates opportunities to be looked in conjunction with other confluences (Price Action, Volume, etc.)
My second attempt to give back to my TV community. As always, be critical of my work. And I will try my best to incorporate all suggestions!
Nimu Market on DemandNimu Market On Demand is an innovative tool designed to provide a visual representation of market demand levels on a scale of 1 to 100. This scale is displayed at specific intervals , making it easy for users to understand market demand fluctuations in real time.
To enhance analysis, Nimu Market On Demand also incorporates the Relative Strength Index (RSI) with key thresholds at . RSI is a widely-used technical indicator that measures market strength and momentum, offering insights into overbought (excessive buying) or oversold (excessive selling) conditions.
The combination of the Demand graph and RSI enables users to:
Identify the right time to buy when the RSI falls below 30, signaling an oversold condition.
Determine the optimal time to sell when the RSI rises above 70, indicating an overbought condition.
With an integrated visualization, users can effortlessly observe demand patterns and combine them with RSI signals to make smarter and more strategic trading decisions. This tool is designed to help traders and investors maximize opportunities in a dynamic market environment.
Demo GPT - Adjusted Swing Trading for SBIBuy when the market is oversold (RSI < 40) and the price is near the lower Bollinger Band.
Sell when the market is overbought (RSI > 60) or the price is near the upper Bollinger Band, or after achieving a 2% profit.
Relative Strength Index-14 with 60-40 bandChanges are just the RSI BAND Representing 40-60 band instead of 70-30
Relative Strength Index-14 with 60-40 bandChanges are just the RSI BAND Representing 40-60 band instead of 70-30
RSI + ADX <20 By Emanuele SabatinoRSI + ADX <20 By Emanuele Sabatino
Strategia che segnala con dei pallini gialli per situazioni di ipervenduto e quindi segnali long e pallini arancioni per segnali di ipercomprato e segnali short. Tutto questo sempre con adx inferiore a 20
Funziona ancora meglio sui livelli e zone di supporto e resistenza chiave.
RSI + ADX <20 By Emanuele SabatinoRSI + ADX <20 By Emanuele Sabatino
Strategia che segnala con dei pallini gialli per situazioni di ipervenduto e quindi segnali long e pallini arancioni per segnali di ipercomprato e segnali short. Tutto questo sempre con adx inferiore a 20
Funziona ancora meglio sui livelli e zone di supporto e resistenza chiave.
RSI Bands and extreme zones[Pr]Merhaba indikatörümüzde Rsı değerlerinin grafiğe yansımasını göstermiş bulunmaktayım.
Sunil High-Frequency Strategy with Simple MACD & RSISunil High-Frequency Strategy with Simple MACD & RSI
This high-frequency trading strategy uses a combination of MACD and RSI to identify quick market opportunities. By leveraging these indicators, combined with dynamic risk management using ATR, it aims to capture small but frequent price movements while ensuring tight control over risk.
Key Features:
Indicators Used:
MACD (Moving Average Convergence Divergence): The strategy uses a shorter MACD configuration (Fast Length of 6 and Slow Length of 12) to capture quick price momentum shifts. A MACD crossover above the signal line triggers a buy signal, while a crossover below the signal line triggers a sell signal.
RSI (Relative Strength Index): A shorter RSI length of 7 is used to gauge overbought and oversold market conditions. The strategy looks for RSI confirmation, with a long trade initiated when RSI is below the overbought level (70) and a short trade initiated when RSI is above the oversold level (30).
Risk Management:
Dynamic Stop Loss and Take Profit: The strategy uses ATR (Average True Range) to calculate dynamic stop loss and take profit levels based on market volatility.
Stop Loss is set at 0.5x ATR to limit risk.
Take Profit is set at 1.5x ATR to capture reasonable price moves.
Trailing Stop: As the market moves in the strategy’s favor, the position is protected by a trailing stop set at 0.5x ATR, allowing the strategy to lock in profits as the price moves further.
Entry & Exit Signals:
Long Entry: Triggered when the MACD crosses above the signal line (bullish crossover) and RSI is below the overbought level (70).
Short Entry: Triggered when the MACD crosses below the signal line (bearish crossover) and RSI is above the oversold level (30).
Exit Conditions: The strategy exits long or short positions based on the stop loss, take profit, or trailing stop activation.
Frequent Trades:
This strategy is designed for high-frequency trading, with trade signals occurring frequently as the MACD and RSI indicators react quickly to price movements. It works best on lower timeframes such as 1-minute, 5-minute, or 15-minute charts, but can be adjusted for different timeframes based on the asset’s volatility.
Customizable Parameters:
MACD Settings: Adjust the Fast Length, Slow Length, and Signal Length to tune the MACD’s sensitivity.
RSI Settings: Customize the RSI Length, Overbought, and Oversold levels to better match your trading style.
ATR Settings: Modify the ATR Length and multipliers for Stop Loss, Take Profit, and Trailing Stop to optimize risk management according to market volatility.
Important Notes:
Market Conditions: This strategy is designed to capture smaller, quicker moves in trending markets. It may not perform well during choppy or sideways markets.
Optimizing for Asset Volatility: Adjust the ATR multipliers based on the asset’s volatility to suit the risk-reward profile that fits your trading goals.
Backtesting: It's recommended to backtest the strategy on different assets and timeframes to ensure optimal performance.
Summary:
The Sunil High-Frequency Strategy leverages a simple combination of MACD and RSI with dynamic risk management (using ATR) to trade small but frequent price movements. The strategy ensures tight stop losses and reasonable take profits, with trailing stops to lock in profits as the price moves in favor of the trade. It is ideal for scalping or intraday trading on lower timeframes, aiming for quick entries and exits with controlled risk.
RSI+MFI VisualizerRSI+MFI Visualizer
The RSI+MFI Visualizer is a simple yet effective indicator that combines price momentum and volume dynamics into one clear visual representation. It is designed to help traders quickly identify market trends, momentum shifts, and overbought/oversold conditions.
Here’s a description tailored for publishing your RSI+MFI Visualizer script:
RSI+MFI Visualizer
The RSI+MFI Visualizer is a simple yet effective indicator that combines price momentum and volume dynamics into one clear visual representation. It is designed to help traders quickly identify market trends, momentum shifts, and overbought/oversold conditions.
Key Features:
RSI+MFI Calculation:
This indicator blends the Relative Strength Index (RSI) and Money Flow Index (MFI), providing a unique perspective on price action and volume movement.
Dynamic Visualization:
-Green Line: Indicates positive RSI+MFI values, suggesting bullish momentum.
-Red Line: Indicates negative RSI+MFI values, suggesting bearish momentum.
Zero Line Reference:
A dotted zero line makes it easy to distinguish between bullish and bearish market conditions.
Customizable Parameters:
Flexible input settings for RSI+MFI period and multiplier to suit different trading styles and timeframes.
How to Use:
Trend Identification:
Use the green and red lines to gauge bullish or bearish momentum in the market.
Reversal Signals:
Look for crossovers of the zero line to spot potential trend reversals.
Overbought/Oversold Zones:
Pair this indicator with other tools like RSI or Stochastic for enhanced accuracy.
Scalping Strategy RSI & ADXThis Pine Script implements a scalping strategy that leverages the Relative Strength Index (RSI) and the Average Directional Index (ADX) to identify short-term trading opportunities. The strategy is designed for traders who aim to profit from quick price movements in highly volatile markets.
Key Components:
RSI (Relative Strength Index):
RSI is used to identify overbought and oversold conditions in the market.
If RSI is below the oversold level (default: 30), the script generates a buy signal.
If RSI is above the overbought level (default: 70), the script generates a sell signal.
ADX (Average Directional Index):
ADX measures the strength of a trend.
The script only triggers buy or sell signals when ADX is above a specified threshold (default: 25), ensuring trades occur only in strong trending markets.
Combined Logic:
A buy condition is met when RSI is below the oversold level and ADX indicates a strong trend.
A sell condition is met when RSI is above the overbought level and ADX indicates a strong trend.
Inputs:
RSI Length: Period for RSI calculation (default: 14).
RSI Overbought Level: Threshold for overbought conditions (default: 70).
RSI Oversold Level: Threshold for oversold conditions (default: 30).
ADX Length: Period for ADX calculation (default: 14).
ADX Smoothing: Smoothing factor for ADX (default: 14).
ADX Threshold: Minimum value for ADX to consider a trend strong (default: 25).
Visual Signals:
Green upward arrows indicate buy signals.
Red downward arrows indicate sell signals.
Strategy Execution:
The script uses strategy.entry to open positions based on the defined conditions.
It plots RSI and ADX values for additional visual confirmation.
How to Use:
Apply this script to your TradingView chart.
Adjust the input parameters to suit your preferred market and timeframe.
Backtest the strategy on historical data to assess its performance.
Use in live markets with appropriate risk management measures.
This strategy is ideal for traders who prefer a systematic and rule-based approach to scalping. However, always test and validate the strategy before using it with real funds.
