KRA Valuation Tool

Aug 17

The KRA valuation tool adds volume and market context (DXY) to RSI, making it more selective and potentially more reliable for reversals—but it trades fewer signals than a plain RSI. Essentially, it favors quality over quantity.

Pros:
[] Multi-factor confirmation – Combines RSI with volume and DXY trend to filter weak signals.

[] Contrarian alignment – Only triggers buys when RSI is oversold and DXY falling, sells when RSI is overbought and DXY rising, improving reversal accuracy.

[] Volume filter – Reduces false signals by ignoring low-volume periods.

[] 50% midline – Helps identify neutral zones and trend shifts more clearly.

[] Visual signals – Bull/bear markers make it easier to spot setups at a glance.

[] Customizable – Inputs for RSI length, volume MA, and DXY symbol allow adaptation to different markets.

Aug 17

Release Notes

Update RSI length settings
- OB from 30 to 20
- OS from 70 to 80
- RSI source from close to OHLC4

Sep 2

Release Notes

This script is spotting bullish & bearish reversal signals using:

1. RSI divergence vs price,
   
2. Volume absorption at pivot points,
   
3. Pegged RSI (relative strength vs another market, like DXY),
   
4. RSI thresholds (<50 bullish, >50 bearish).
   
5. It plots green/red dots on RSI pivots to highlight trade setups