Falco RSI & BB% OS/OB Indicator

Features:
- RSI & Normalised BB% Indicator to detect deeply OS/OB territory for optimal entry / exit
- Uses a confirming indicator to ensure the previous candles follow the same trend to avoid flash dumps / pumps.
- Able to customise the BB Length, RSI thresholds and indicator length
- Works with all timeframes, however most profitable results have been yielded from 1H / 4H / 1D candles
- If the trend continues OS/OB then the alerts can allow you to DCA further with staggered buys or stagger your sells out of a position using Autoview syntax
For access to the script please PM me.
Release 1.0
Detail
This is a premium indicator that is intended for automated trading (eg. Autoview) on the 4 hour time scale. This script uses normalised Bollinger Band and RSI values to find greatly oversold/overbought territory. When a entry or exit has been identified, there are three alerts set up that can be used to either trigger an automated entry/exist of a trade or be used as a simple signal to manually make the trade if you don't have time to look at charts throughout the day.
Available Settings
- * RSI Length
* RSI Oversold/Overbought thresholds
* BB Length
* BB Multiplication
Future
Continued support of this indicator with improvements. A strategy version will be created for use in back-testing and even more customisation will be added to fine tune the signals further.
Availability
This script is available for a flat fee of 0.10 ETH for lifetime access and all future updates. Please PM me for details.
New features & improvements:
- Optional dip detector using a a home-brew formula now available for higher risk/reward traders who in addition to buying in at deeply OS conditions also want to catch dips that other simple RSI indicators won't catch!
- Chart colour improvements: [ Red + arrow down = Sell ] [ Aqua + arrow up = Buy ] [ Orange + flag = dip detected ]
- Added alert condition for the dip detected for autoview/automated traders to take advantage of
Availability
This script is available for a flat fee of 0.10 ETH for lifetime access and all future updates. Please PM me for details.
- Improved alert namings for signal users and autoview users
If you would like to try this indicator please PM me for a free trial, alternatively the pricing is a flat 0.10 ETH for unlimited access, support and future updates.
Script sur invitation seulement
Seuls les utilisateurs approuvés par l'auteur peuvent accéder à ce script. Vous devrez demander et obtenir l'autorisation pour l'utiliser. Celle-ci est généralement accordée après paiement. Pour plus de détails, suivez les instructions de l'auteur ci-dessous ou contactez directement Tradespot.
TradingView ne recommande PAS de payer ou d'utiliser un script à moins que vous ne fassiez entièrement confiance à son auteur et que vous compreniez comment il fonctionne. Vous pouvez également trouver des alternatives gratuites et open-source dans nos scripts communautaires.
Instructions de l'auteur
Clause de non-responsabilité
Script sur invitation seulement
Seuls les utilisateurs approuvés par l'auteur peuvent accéder à ce script. Vous devrez demander et obtenir l'autorisation pour l'utiliser. Celle-ci est généralement accordée après paiement. Pour plus de détails, suivez les instructions de l'auteur ci-dessous ou contactez directement Tradespot.
TradingView ne recommande PAS de payer ou d'utiliser un script à moins que vous ne fassiez entièrement confiance à son auteur et que vous compreniez comment il fonctionne. Vous pouvez également trouver des alternatives gratuites et open-source dans nos scripts communautaires.