Custom RSI with RMA Smoothing is smoothing the classic Relative Strength Index to enhance the effectiveness of using the RSI for trend-following through noise reduction.
Principle:
1. RSI is smoothed by the Rolling Moving Average (RMA) and averaged Gains & Losses instead of the classic RSI calculation.
2. A RMA is plotted over the RSI where the crossovers can be...
DojiCandle body size RSI-SMMA filter MTF
Hi. I was inspired by a public script written by @ahmedirshad419, .
I thank him for his idea and hard work.
His script is the combination of RSI and Engulfing Pattern.
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I decided to tweak it a bit with Open IA.
I have changed:
1) candle pattern to...
This indicator will alert you when a candle goes above or below the price action channel (PAC) but only on the first or second candle after a colour change in candle.
When price is above the price action channel that is a bullish sign, when price is below the PAC that is a bearish sign.
The idea is that a sudden change in price is a cause to investigate further...
Dissected the standard SWMA function and added options for user to change just about every part of it. Weights ,Lookback ,Source can all be changed in the settings.
Green is the standard SWMA, Using the Input value selected.(MAs/LRC/VWAP)
Red is the tuned SWMA, with the option of applying a final Output filter (MAs/LRC/VWAP). Uses 8 datapoints instead of 4 for...
This indicator is a comprehensive set of moving averages.
All settings are handled in the input menu.
1. 6 moving averages are included.
2. You can edit the source of 6 moving averages.
3. You can change the type of each moving average line.
4. You can change the period value of each moving average line.
5. You can change the color of each moving average...
Hello Everyone. I hope you are all doing great. It's been a long time since I posted my first script here, and I got a lot of response from that.
So, I thought I should share this script also to everyone, and anyone that may find it useful. Personally, I use it to tell the general market conditions.
Here's how I works : The script tries to determine the overall...
This indicator combines some of the commonly used moving averages, VWAP, and TICK sentiment, all of which are useful for all types of trading
By default, this indicator includes:
- 21/50/100/200 period smoothed simple moving average
- great for determining trends
- also act as support / resistance line for price
- 9 period exponential...
Gives you the 5 most common SMMA for crypto in day trading:
- 10
- 21
- 50
- 100
- 200
This can be configured as you want.
Hope this can help you to get more indicators in a free plan.
The Moving Average Tool is the only indicator you will ever need to plot MA lines. It comes loaded with 9 different types of moving averages so traders can lay down any line at any length. There is also an option to plot a trigger line. Features: SMA , SMMA, EMA, LSMA, ZLSMA, HULL, LWMA, VWMA and ALMA. Simply pick an average type and enter the desired length.
Converted EmperorBTC's EMA crossover indicator for easy backtesting and added ability to:
Specify time period for backtesting
Specify order quantity
Toggle original indicators (default off)
Quoting EmperorBTC:
Entry is to be made when the
1. Cross over gives a P(Positive Sign) and the candle completely closes above the cross-over
2. When the Heikin...
The Script offers 9 different EMAs with 14 different MA types.
The make use of the script is to find the entry on the 1-4 hour altcoins while using the in-built 13/21 crossover strategy to be used in sync with Heikin Ashi cross-over with Fib levels of 0.236 Fib level.
How to use it.
Entry is to be made when the
1. Cross over gives a P(Positive Sign) and the...
This indicator plot 3 Kalman filter zero lag EMA lines. It has less lag and is also smoother than the original EMA.
It also has an option to show the crossover of two EMAs.
SPY Ninja correlates the true strength index exponential moving averages of SPY and VIX together. In doing so we can determine the start of trend shifts via SPY / VIX convergence in addition to crossover, with potential market entries and exits represented by the LONG and SELL signals.
SMMA 50,100, and 200 have been added to chart due to the historic SPY market...
-This script uses a triple EMA strategy to establish trend direction and reversal points
-Inputs are smoothed with Heiken Ashi values to reduce whipsaws, while providing timely execution
-Buy and sell indications are dictated by bar color
-Bar color is dictated by the candle close value in relation to the EMAs, specifically the faster of the 3
(If candle closes...
After some tips in my indicator
RK's 04 - Lots of MA Types Ribbon I Put some time and effort to make it better.
So, I'm sharing with you the results.
This is an up to 10 lines Moving Average Ribbon with an Auto Evaluate Length and a lots of options!!!
Type of Moving Average you can use:
SMA - Simple Moving Average
SMMA - Smoothed Moving Average
EMA -...
![BTCUSDT: [_ParkF]MA_Package](https://s3.tradingview.com/t/tza6UjM2_mid.png "[_ParkF]MA_Package")
![BTCUSDT: ZLEMA Zero lag EMA with Kalman filter [Morty]](https://s3.tradingview.com/w/W3SGtTqH_mid.png "ZLEMA Zero lag EMA with Kalman filter [Morty]")
