RSI Stop LossExperiment for using RSI as a stop loss value, shows where the price will be when the RSI increases or decreases by a specified amount.
Cerca negli script per "rsi"
RSI Go longGiving all credit to @Celena at WarriorTrading for the idea behind this script.
The script is pretty basic and self-explanatory. We will use certain RSI levels both on 5min and 1min to determine the strength/momentum of a stock.
The idea is to monitor 5m and 1m timeframes at once. if the RSI starts to test the initial level, we will see a plot on the graph ( default color is orange ). If we reach our target level and above, bar colors will change to default color green. If this happens in both 1min and 5 min timeframe it is an indicator of the strength of the stock. This indicator coupled with our own strategy helps us reinforce the idea for long entries.
RSI + EMA with Multiple ZonesThis is your traditional RSI chart but with a few modifications
I added an extra zone parameter that you can specify with its own color and line customization.
There is an EMA that tracks the RSI as well.
RSI LabelAdds a purple label to the right of price if RSI is overbought or oversold, otherwise it doesn't show anything at all, nada. Handy for people (like me) who often focus on price action and forget to watch the RSI
RSI Alligator StrategyHello trading family! Just wanted to give a quick write up and share the new code for the RSI Alligator Strategy. I amended it to show every crossover signal, weak and strong, so we can accurately gauge its effectiveness.
Having played with this for a couple hours now I have learned a few things
-Using Heikin Ashi seems to smooth it out a bit and provides about 20% fewer signals, leading to overall more accuracy. However, it can be misleading as the Heikin Ashi opening price doesn't always line up with the market price, especially in cases of large moves. Overall though it didn't seem too far off except for a few instances.
-Also, using the Heikin Ashi gives you a better idea of the trend, which this indicator is primarily used to detect and exploit.
-Having tested on TF of 1H-1D, overall profitability is found to be highest between 4H-12H, with 1D giving the "safest" longer term signals, and lower TF's generating many more signals due to volatility.
-Instead of waiting for the next signal in order to close, you can often use a crossover/crossunder of the 5 and 13 to close the previous trade, especially if paired with a Heikin Ashi of opposite color (green to close a short, red to close a long)
-You will also notice several instances where the Green 5 period show divergences that aren't visible on the regular RSI, another handy little feature
So far I have still only tested this on BTCUSD. Feel free to apply it to any coin and let me know what you find.
Here is the script. If you have any ideas or suggestions please let me know!
RSI Alligator Strategy [forked from jedireza]Backtester for RSI alligator is Williams Alligator strategy using Relative Strength Index to predict entries
Original script can be found at
RSI-2 Larry Connars for 15 min KOnly Long when close > ma120 and rsi < 10 and rsi >1
平倉WHEN close > ma5 and ma1 穿 ma3
RSI with SMA ( Normal Formula of RSI)Tradingview has a different type of RSI. I prepare a normal formula for RSI to calculate better backtest performance.
RSI MACD with conditional MA indicator backtestingbacktesting for the RSI MACD with conditional MA indicator:
RSI or %B of Bitfinex shorts /longs of main crypto trading pairsNormalized longs and shorts with %B or RSI of some crypto trading pairs listed below (longs and shorts data from Bitfinex). If you're not familiar with %B just use default setting and it will plot a RSI of the longs and shorts (screenshot is from %B). Obviously this should not be used as a single reason to take a trade but part of your analysis.
For some longs/shorts sentiment interpretation you can look at this:
cdn.discordapp.com
Available pairs (you can add some with very basic Pine Script knowledge but it will take more time loading):
BTCUSD
ETHUSD
ETHBTC
EOSBTC
LTCBTC
XRPBTC
BCHBTC
TRXBTC
RSI ALL IN ONE PLACEThis script combines the RSI, Stochastic RSI, and Stochastic to all be in one place for ease of use.
Nothing really new, just a script to streamline and create a convenient view of normal indicators
RSI Levels, 15-30 & 70-85 with 50New version of my RSI Levels, 20-30 & 70-80 considering extreme market conditions.
This version scales between 15-30 and 70-85 instead and also has RSI 50 as the middle line.
RSI Heat Bands [River]This script combines LazyBear's RSI Bands with JayRoger's Bollinger Heat Bands, to give an on chart representation of the price needed to set RSI to each major level, from 20 to 80 (higher values created massive bands).
RSI Candles [cI8DH]This is candle visualization of regular RSI. That's all.
I have seen two other RSI candles, but their implementation is not correct. The high on RSI usually matches the low on price and vice versa. I have completely turned off the wicks so you can safely use this indicator as a replacement for regular RSI.
RSI Multi TF $$ ModCredit to @lukescream for the original code that I modified to make the multi RSI dynamic. 4 timeframes plus live time frame RSI can be plotted together to visualize areas of confluence.
RSI: Daily + current TimeFrame
It plots the RSI of the current timeframe + the Daily RSI
it hihlights in green (or red) when they are both in oversold (or overbought)
RSI MTF with Moving AverageClassic RSI with MTF combined with its moving average (i reused a function to allow you to select any of them you want) for additional signals.
Indicator is based on this source: medium.com
RSI CANDLESTICKSDisplays RSI indicator as candlesticks. Does candlestick pattern analysis apply to RSI? Can it aid in candlestick analysis on a price chart? Let's start a discussion.
RSI Oversold bounce - Scaling in levels (30, 28, 26, 24, 22, 20)Oversold bounce entry levels based on RSI
Helps to gauge levels for scaling into a position based on oversold rsi levels.
rsi cross indicatorSimple RSI oversold/overbought markers. Saves screen space without having to plot the actual rsi indicator.
RSI Bollinger BandsThis RSI indicator has a Bollinger Bands indicator around it, and a simple moving average.
I still haven't decided yet if the Bollinger Bands should be at 20 (like normal) or at 14 (like the RSI).
Experiment with it and have fun :)
