PrevHighLow Trend Indicator

14 août 2022

PrevHighLow Trend Indicator which is calculated by using prev lowest and highest of p1-period and p2-period for two MAs.

First MA is made of prev highest of p1-period / prev lowest of p1-period.
Second MA is faster, made up of p2(<p1)- period(same formula).

Can be used in the next way: slower MA(straight line) shows main trend, faster shows temporary trend.
BUY, when first MA and second MA are green; Exit: second MA changes from green to red.
SELL, when first MA and second MA are red; Exit: second MA changes from red to green.

RSI Assistant basically filtres signals in the way, when signals from RSI and Faster MA are similar? it signals about it with labels: BUY for long, SELL for short. You can either enable or disable it. Also customizable so you can find your setup. RSI Assistant, depending on you customize it, can help you either follow trend or show reversals. Just find your own setup and watch things happen!

Feel free to leave valuable feedback and your setups which you consider to be good.
Hope you PHLTI usefull. Good luck!

15 août 2022

Notes de version

Big update:
+ Filter switching(enable or disable any filter you want);
+ MACD filter;
+ RSI+MACD filter;
+ Much cleaner code documentation.
+ Different colours for different types of signals, so it is easier to distinguish them;

+ Signals' names are now short, so you can read them easier, here they are:
Signals meaning(!)
SB = Strong BUY;
SS = Strong SELL;
MB = MACD BUY;
MS = MACD SELL;
RB = RSI BUY;
RS = RSI SELL;
MRB = MACD+RSI BUY;
MRS = MACD+RSI SELL.

Important: as indicator is new and "young", it is still in the development, so signals are not that accurate as in the premium and cool indicators, so I will be grateful to anybody who will bring new ideas or tips to improve this thing. And please consider that I am only 18y.o. and thus not a professional, just trying to make something valueable and seeking help from other people.

Wish you enjoy it. Good luck and feel free to leave valueable feedback!

15 août 2022

Notes de version

Update:
+ Option for offsetting signals: classic offset and ATR offset with customisable period(might be useful enough, check it out!);
+ Some tooltips.

15 août 2022

Notes de version

Quick adds and cleaning text mess.

15 août 2022

Notes de version

Update:
+ Price source smoothing via MAs: 11 types of smoothing, choosing source and period
(Check the tooltip for explanation, but in short: it gives you the option for either smoothing price source or not);
+ More tooltips.

15 août 2022

Notes de version

Update:
+ COG filter - uses statistics and Fibonacci ratio, usually show accurate trend;
+ COG+MACD filter = COG filter + MACD filter;
+ More tooltipd.

15 août 2022

Notes de version

+ Quick update for tooltips and title of slow and fast MA.

18 août 2022

Notes de version

+ Improved signal filter for MACD and RSI;
+ Timeframe choosing option.

24 août 2022

Notes de version

+ Added alert conditions for RSI signals, as they are the most accurate.

26 août 2022

Notes de version

+ Changed default filter settings for optimal perfomance(reversal trading with high sensetivity);
+ Updated alerts(SIGNAL optin - catches any RSI signal(buy or sell). It is option for people with no subscription, like myself).
Important: when using offset for signals, consider that whenever you get noti about signal, signal's label will appear on the n-bar in the future, where n - offset number. Please consider this!