OPEN-SOURCE SCRIPT
Hancock - IFT RSI T3MA
This is a version of the Inverse Fisher Transform Relative Strength Index with T3MA smoothing and histogram difference based on EMA signal line.
Configurable parameters:
RSI length - This is the period used for the RSI .
RSI Smooth Length - This is the smoothing period of the Weighted Moving Average used for the smoothing in Inverse Fisher Transform .
RSI Signal - This is the period used for EMA signal line.
RSI Overbought - Configures the overbought threshold (0.5 default).
RSI Oversold - Configures the oversold threshold (-0.5 default).
T3 Smoothing - Enabling this applies T3MA smoothing to the RSI .
T3 Length - This is the period used for the T3MA smoothing of the RSI .
T3 Factor - This is the factor used for the T3MA smoothing of the RSI .
I've added a histogram plotting the difference between the signal line and RSI to make it easier to make trades. Oversold and Overbought thresholds are indicated by the red and green horizontal lines. Signal line is coloured for trade direction.
Happy trading folks!
Hancock
Configurable parameters:
RSI length - This is the period used for the RSI .
RSI Smooth Length - This is the smoothing period of the Weighted Moving Average used for the smoothing in Inverse Fisher Transform .
RSI Signal - This is the period used for EMA signal line.
RSI Overbought - Configures the overbought threshold (0.5 default).
RSI Oversold - Configures the oversold threshold (-0.5 default).
T3 Smoothing - Enabling this applies T3MA smoothing to the RSI .
T3 Length - This is the period used for the T3MA smoothing of the RSI .
T3 Factor - This is the factor used for the T3MA smoothing of the RSI .
I've added a histogram plotting the difference between the signal line and RSI to make it easier to make trades. Oversold and Overbought thresholds are indicated by the red and green horizontal lines. Signal line is coloured for trade direction.
Happy trading folks!
Hancock
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.