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Rsidivergence

Simple RSI Spotter™TradeChartist Simple RSI Spotter is an elegant version of the classic RSI indicator and helps spot price trends using visually engaging and appealing RSI plot and background. The Bull and the Bear background fills are highly useful for traders who like to visually understand areas of entry and exit based on RSI . =================================================================================================================== What does Simple RSI Spotter do? Plots RSI with visually engaging colours for Bull and Bear zones (Green and Red) with optional background fill. Plots RSI coloured bars on main chart based on user preferred Upper and Lower RSI band. Plots RSI based on Zero-Lag EMA smoothing (1 for Regular RSI without smoothing). Plots Heikin Ashi RSI if enabled from indicator settings. Plots RSI highs of Bull Zone and RSI lows of Bear Zone. Helps visually spot divergences. =================================================================================================================== Note: Default Settings: 5 period EMA Smoothed Heikin Ashi RSI. For normal RSI, uncheck, Heikin Ashi RSI and change EMA RSI Smoothing to 1. =================================================================================================================== This is a free to use indicator. ===================================================================================================================
Pine Script™ indicator
by TradeChartist
8
RSI(EMA) - Reducing Noise This script is a modified version of the Relative Strength Indicator ( RSI ). While using RSI to trade the markets, the signals generated are very choppy. Approach 1. One way to reduce this noise is to use a higher period for the RSI calculation. (say 20 instead of 14 period). In this approach, the valid signal comes quite late. Approach 2. My unique solution is to use a Exponential Moving Average as the input for the RSI calculation. Usually RSI calculations are based on close value of the candles. If we use an appropriate EMA value, then the signal efficiency will increase. Using the approach 2, strategies similar to regular RSI can be utilized i.e. RSI breakout, RSI divergence, RSI Hidden divergence. RSI Colors explained GREEN = BULLISH momentum when RSI >60 RED = BEARISH momentum when RSI <40 BLACK = NEUTRAL market conditions when RSI is between 40 and 60 Breakout Strategy LONGS - RSI color is GREEN + Price breaks a Resistance SHORTS - RSI color is RED + Price breaks a Support Recommended default settings: EMA =7 period , RSI =14 period ADDITIONAL TIP: Works wonderfully with Pivot Points (standard) I recommended to use on minimum 5 MINUTE timeframe for intraday trades . But you can use different timeframes as well. Please leave comment below If you have any question or development idea.
Pine Script™ indicator
by dnkar
2
BEST RSI Divergences ScreenerHello traders I hope you're all hanging on at home with what's going on these days... The good news is.... it gives us more time to trade ^^.... #positive #attitude I - Concept This screener detects whether the regular RSI divergences based on the TradingView Divergence built-in indicator (made by the gentleman @everget I believe) With this screener, you can see in 1 view which of your favorite cryptos/stocks/forex pairs/etc. showing strong divergences The gentlemen (and demoiselles) traders can play with the lookback/ranges inputs to adjust the divergences based on what they think is best of their trading/timeframe/instrument/life On that script screenshot, I'm showing the BYBIT:BTCUSD part of the screener matching with the divergences on the chart II - How did I set the screener The visual signals are as follow: - square: whenever a divergence is detected Then the colors are: - green when there is bullish regular divergence - red when there is bearish regular divergence Best regards Dave
Pine Script™ indicator
by Daveatt
46
RSI Divergence (Pine v4)Summary Script highlights the divergences in RSI worth taking notice of. By comparing current envionment to relative sample we can see more than the standard divergences that many catch through analysis. This framework aims to remove the bias or noise many see when looking for any supporting evidence to their given emotion on a market. Step-by-Step Walkthrough Calculates RSI Sets Divergence Framework -------> a. Defining variable values, mandatory in Pine 4) -------> b. Identify Divergences --> "If bar with lowest / highest is current bar, use it's value" Compare high of current bar being examined with previous bar's high --> "If curr bar high is higher than the max bar high in the lookback window range" Finds pivot point with at least 2 right candles with lower value Finds pivot point with at least 2 right candles with lower value Plot Set Alerts This RSI Script is intended for public use and can be shared / implemented as needed Questions? I do not monitor my TradingView inbox. See email address in signature at the bottom of this page for contact information.
Pine Script™ indicator
by kingthies
21
BEST Currency Strength Indicator DivergenceHello traders Hope you had a great Thanksgiving Now it's my turn to give and all I ask in return is you to be thankful (did I get the "Thanksgiving" thing right?) The Currency Strength Indicator plots an average of the selected FX pairs in the indicator. Someone asked me if I could develop an alternative of that script adding a divergence component. The script evaluates the divergences between the average of the selected RSI(FOREX pairs) and the RSI(FOREX pair) displayed on the chart. This version includes new features such as: - the RSI length can now be selected - we can select the 6 pairs used for the divergence calculations All the BEST my aspiring traders and quants See you tomorrow for another script Dave
Pine Script™ indicator
by Daveatt
15
RSI w/ MAs & Divergences (Alert)This script fires off real-time RSI Divergence alerts. To best use the RSI Divergence indicators, adjust the following settings accordingly. • RSI Bullish Divergence Under: 20 – 45 (lower for larger volatility and more bearish markets) • RSI Bearish Divergence Above: 55 – 80 (higher for larger volatility and more bullish markets) Key Notes: 1. Set "Once Per Bar" instead of "Once Per Bar Close" alert. The strategy already uses prior bar close (instead of current bar close) for calculation. This ensures that the signals will stay as they are after fired off, even when the current bar price is still changing. 2. It's OKAY to see the "alert may trigger differently than expected" warning. Reason why you are seeing this warning is because we used a function called valuewhen() in our strategy. This function does not look at the entire history of data and has several limitations. For instance, on a 30min resolution, at the end of 2018, the function will be able to find past occurrences of BTC exceeding 16k. However, the function won't be able to find such occurrences at the end of 2019. Since our strategy is only concerned with very recent events, these limitations will not impact our results or cause repainting. You can find out more about this in the TradingView Wiki .
Pine Script™ indicator
by Phi-Deltalytics
21
[ALL-IN-ONE] OSCILLATORS MTFHi everyone I. 💎 SCRIPTS ACCESS 💎 1. My website URL is in this script signature at the very bottom (you'll have to scroll down a bit and going past the long description) and in my profile status available here : Daveatt Due to the new scripts publishing house rules, I won't mention the URL here directly. As I value my partnership with TradingView very much, I prefer showing you the way for finding them :) 2. You obviously can contact me directly for more information II. 🔎 ALL-IN-ONE OSCILLATORS MTF 🔎 This indicator offers to display many oscillators with a multi-timeframe option The available oscillators so far are: 1. MACD 2. MACD ZERO LAG 3. RSI 4. DMI/ADX 5. ATR 6. STOCHASTIC RSI 7. TRUE STRENGTH INDEX 8. CHANDLE MOMENTUM OSCILLATOR 9. VORTEX INDICATOR 10. COMMODITY CHANNEL INDEX 11. RATE OF CHANGE III - 📊 FEATURES 📊 3.1- 🔔 Alerts 🔔 LONG/SHORT alerts available for all oscillators. You'll find only two events GoLong or GoShort because I simplified it a lot. Let's assume the user wants to create alerts on a MACD first, and in a second time on an RSI. All he/she has to do is : 1) to select the MACD parameter in the indicator and then activating the events GoLong and/or GoShort. 2) once done, select RSI filter in the indicator and then activate the events GoLong and/or GoShort. 3.2- 🔌&🕹️ (Plug and Play) This feature is optional but very cool regardless. Compatible with any of my Plug&Play trading tools. You'll get instant results by connecting the ALL-IN-ONE to another Plug and Play compatible system. Feel free to send a request my way if you want more details on that 3.3 - ⏱️ Use current chart resolution or any available timeframe The Multi-timeframes component will expand your analytics capabilities even more. IV - Use Cases The use cases are maybe limitless - an H4 oscillator combined with your indicator Plug&Play applied on an H1 chart. - an RSI reversal signal used with your Backtest system. - a 30-minutes True Strength Index plugged to a 5-minute indicator- itself combined into a Backtest system. #mind #blown - ... ------------------------------------------------------------------------------------------------------------------------------------- If you have any doubts or questions, please hit me up directly or ask in the comments section of this script. I'll never claim I have the best trading methodology or indicators. You only will judge and I'll appreciate all the questions and feedback you're sending my way. They helped me a ton for developing indicators based on all the requests I received. Kind regards, Dave
Pine Script™ indicator
by Daveatt
9
Adaptive RSI Divergence PointerThis script points regular and optionally hidden types of bullish and bearish Adaptive RSI divergences on the chart by drawing the divergence lines and optionally labels. Hidden divergence is disabled by default, it can be enabled over settings window. Regular divergence is enabled by default, it can be disabled over settings window. There is an option to display the price channel additionally. Added alerts for all types of divergences. What is Adaptive RSI : This is an implementation of John Ehlers’ Adaptive RSI , as described in his book Rocket Science for Traders: Digital Signal Processing Applications (2001-07-20). It does not need a length value to be specified by user. It adopts itself perfectly to the price chart. It integrates the idea of automatically determining the Dominant price cycle through a Homo-dyne Discriminator, and using half of a cycle length as the input for the RSI . Not only determines the most effective range for the RSI by setting it based on the cycle, but also makes the RSI PDF (Probability Distribution Function) adjustable as shown in John Ehler's papers. Works just like a normal RSI , but should have less false signals.
Pine Script™ indicator
by tesla80
1
RSI Divergence Pointer v2This script points regular and optionally hidden types of bullish and bearish RSI divergences on the chart by drawing the divergence lines and optionally labels. Hidden divergence is disabled by default, it can be enabled over settings window. There is an option to display the price channel additionally. Added alerts for 4 types of divergences Titles and messages are the same: "Regular Bearish Divergence" "Regular Bullish Divergence" "Hidden Bearish Divergence" "Hidden Bullish Divergence"
Pine Script™ indicator
by tesla80
2
MG - Real time RSI divergenceShows RSI divergences in real time (as soon as bar closes in divergence instead of waiting for an RSI pivot). There are alerts included on these events so you are immediately made aware of divergence. Adjustement: It works by detecting a break of a previous high or low and then comparing the RSI value at the last break to the current break. Therefore, by decreasing the adjacent candles required for a pivot, you increase the number of divergence checks and therefore divergence readings. As with many indicators, with higher the values, you get less but more significant signals. (This can be visualized with the plot pivot lines option) RSI period can be adjusted
Pine Script™ indicator
by mgibson91
4
(JS) Pivot Point RSILet me start by saying I really enjoyed putting this together - and also that it initially wasn't my idea, a friend of mine suggested it to me earlier today and I was intrigued by the concept. So this is exactly what it sounds like - Pivot Points RSI. I plan on adding the R4S4 and R5S5 in the future, though it only goes to 3 at the moment. However I did include halfway points between existing pivots. This RSI calculates prior closes + highs + lows based on the intraday (or week, or month, depending on chart resolution) indicator values, then takes that info and creates pivots on the RSI to plot potential RSI support and resistance. This is a pretty great concept and I plan on putting it to use in the future myself. Includes 3 color schemes.
Pine Script™ indicator
by J-Streak