hi BTChes, green is when the price drops below the 100 day MA red is the intensity of the 14 day RSI BUY @ green SELL @ the second or third RSI spike most importantly, keep in mind fundamentals :) -joie
RSI color-coded by CCI value, and MA. These RSI-MA crosses are very powerful, especially when backed up with the right CCI direction (Green is positive, Red is negative).
This is a simple experimental study utilizing multiple RSIs and their divergences to visualize price activity.
A first try in scripting. Have taken some ideas from other places and combined into one. Will update later with more information.
This strategy used to calculate the Stochastic RSI You can change long to short in the Input Settings WARNING: - For purpose educate only - This script to change bars colors.
Indicators Used: A 2 Period RSI with the upper line at 90 and the lower line at 10 looking for Extremes. A 200 period Simple Moving Average, and a 5 period SMA. ***That’s it!!! Entry Rules: Buy Only When Stock is Above 200-SMA, AND Below 5-Day SMA, With RSI Below 10 Short Only when Stock is Below 200-SMA, AND Above 5-Day SMA, With RSI Above 90 Exit...
Dual Strength RSI Indicator Republished: The original script violated house rules by including an external link to Backtest Rookies. Background This is a simple indicator was designed as part of a tutorial on the Backtest-Rookies website. Logic The indicator will plot RSI values from 2 timeframes. The first plotted line will be the current timeframe...
This is new version of RSI oscillator indicator, developed by John Ehlers. The main advantage of his way of enhancing the RSI indicator is smoothing with minimum of lag penalty. You can change long to short in the Input Settings WARNING: - For purpose educate only - This script to change bars colors.
This is an edit of the LAzyBear script. The script is adjusted to show both the RSI and the MFI on 1 chart.
This is new version of RSI oscillator indicator, developed by John Ehlers. The main advantage of his way of enhancing the RSI indicator is smoothing with minimum of lag penalty. WARNING: - This script to change bars colors.
This is new version of RSI oscillator indicator, developed by John Ehlers. The main advantage of his way of enhancing the RSI indicator is smoothing with minimum of lag penalty. You can change long to short in the Input Settings WARNING: - For purpose educate only - This script to change bars colors.
This is new version of RSI oscillator indicator, developed by John Ehlers. The main advantage of his way of enhancing the RSI indicator is smoothing with minimum of lag penalty. WARNING: - This script to change bars colors.
RSI Clever let's you trade in the direction of the market You can add it to your entry rules as comfirmation of market direction Green= long Red= short Orange= position shifting
Use Heiken Ashi candles to follow trends more easily. 4h or 24h time-frame is advised but any time-frame works.
This is the new-age indicator which is version of RSI calculated upon the Rate-of-change indicator. The name "Relative Strength Index" is slightly misleading as the RSI does not compare the relative strength of two securities, but rather the internal strength of a single security. A more appropriate name might be "Internal Strength Index." Relative...