RSI & MFI Indexed -100 to 100 With Better DivergencesRSI & MFI Indexed -100 to 100 With Enhanced Divergence Detection
This script displays both the Relative Strength Index (RSI) and Money Flow Index (MFI) on the same scale for better comparison of momentum and volume-based overbought/oversold conditions.
Key features include:
✅ RSI & MFI Display – Both indicators are plotted together to easily identify confluence and divergences.
✅ Gradient Fill for Overbought/Oversold Levels – Each indicator (RSI and MFI) has its own gradient fill applied to its overbought and oversold zones, making it visually intuitive to see how deeply an indicator has entered extreme conditions.
✅ Customizable Combined Overbought/Oversold Levels – Adjust threshold levels separately for RSI and MFI to fit different trading styles.
Receive alerts when both RSI and MFI reach your threshold levels.
✅ Midline & Zero Line Reference – Includes a midline (50) for RSI and MFI to help gauge trend direction and strength.
✅ Custom Colors & Styling – Allows users to modify line colors, gradient intensity, and overall appearance to match their preferences.
✅ Multi-Type Moving Average Smoothing
Option to apply SMA, EMA, SMMA, WMA, or VWMA to RSI values.
Bollinger Bands option allows for detecting volatility-based shifts.
✅ Superior Divergence Detection
Traditional divergence detection often struggles with accuracy due to single-lookback periods. This indicator uses two separate lookback periods (A & B) for RSI and MFI:
Shorter Lookback (A) – Captures smaller trend shifts.
Longer Lookback (B) – Identifies more significant trend reversals.
This dual-approach increases divergence detection accuracy while filtering out noise.
✅ Alerts for Divergences
Automatically detects bullish and bearish divergences for both RSI and MFI.
Generates alerts when divergences occur, helping traders identify potential reversals early.
Why This Indicator Stands Out
Unlike other RSI-MFI combinations, this indicator:
✅ Uses a symmetrical scale (-100 to 100) for RSI & MFI, making direct comparisons easier.
✅ Introduces gradient-filled overbought/oversold zones for better visualization.
✅ Implements a dual-lookback divergence system, leading to far more accurate divergence detection than standard methods.
This is not just a simple overlay of two indicators—it is a refined, enhanced, and more actionable momentum analysis tool. 🚀
Indice de force relative (RSI)
The Money Printer v2 No more guessing, no more stress—just pure algorithmic dominance! This high-performance trading bot is designed to print money in the crypto markets by combining the best technical indicators and risk management strategies. Supertrend? Gone. False signals? Eliminated. What’s left? A lean, mean, automated profit-generating machine.
🔥 How It Works:
✅ EMA Crossover Strategy – Identifies strong trend shifts for high-probability entries.
✅ MACD Confirmation – Avoids weak trends by ensuring momentum is in your favor.
✅ RSI Filter – No chasing overbought tops or selling oversold bottoms. Smart, calculated moves only.
✅ ATR-Based Stop-Loss & Trailing Stop – Adapts to market volatility to lock in maximum gains.
✅ Volume Surge Filter (Optional) – Confirms whale activity so you only trade when it matters.
✅ AI-Like Position Sizing – Risk is automatically managed, ensuring long-term account growth.
💡 Why Use This Trading Bot?
✔️ Highly Profitable – Optimized for maximum win rate & risk-reward ratio 📈
✔️ Smart Risk Management – Dynamic stop-loss and position sizing keep you in control 🛡️
✔️ Automated & Fast Execution – No emotions, no hesitation—just precise buy & sell signals ⏳
✔️ Works on Any Timeframe – Scalping? Swing trading? This bot adapts to your strategy 🔄
✔️ Backtested & Battle-Tested – Proven over years of BTC price data 🏆
⚡ Perfect for traders who want to dominate the market without overcomplicating their strategy.
💎 Just plug it into TradingView, set your risk, and let the bot do the heavy lifting.
🚀 Turn on the money printer and watch it go BRRRR! 💰💸
Relative Performance SuiteOverview
The Relative Performance Suite (RPS) is a versatile and comprehensive indicator designed to evaluate an asset's performance relative to a benchmark. By offering multiple methods to measure performance, including Relative Performance, Alpha, and Price Ratio, this tool helps traders and investors assess asset strength, resilience, and overall behavior in different market conditions.
Key Features:
✅ Multiple Performance Measures:
Choose from various relative performance calculations, including:
Relative Performance:
Measures how much an asset has outperformed or underperformed its benchmark over a given period.
Relative Performance (Proportional):
A proportional version of relative performance,
factoring in scaling effects.
Relative Performance (MA Based):
Uses moving averages to smooth performance fluctuations.
Alpha:
A measure of an asset’s performance relative to what would be expected based on its beta and the benchmark’s return. It represents the excess return above the risk-free rate after adjusting for market risk.
Price Ratio:
Compares asset prices directly to determine relative value over time.
✅ Customizable Moving Averages:
Apply different moving average types (SMA, EMA, SMMA, WMA, VWMA) to smooth price inputs and refine calculations.
✅ Beta Calculation:
Includes a Beta measure used in Alpha calculation, which users can toggle the visibility of helping users understand an asset's sensitivity to market movements.
✅ Risk-Free Rate Adjustment:
Incorporate risk-free rates (e.g., US Treasury yields, Fed Funds Rate) for a more accurate calculation of Alpha.
✅ Logarithmic Returns Option:
Users can switch between standard returns and log returns for more refined performance analysis.
✅ Dynamic Color Coding:
Identify outperformance or underperformance with intuitive color coding.
Option to color bars based on relative strength, making chart analysis easier.
✅ Customizable Tables for Data Display:
Overview table summarizing key metrics.
Explanation table offering insights into how values are derived.
How to Use:
Select a Benchmark: Choose a comparison symbol (e.g., TOTAL or SPX ).
Pick a Performance Metric: Use different modes to analyze relative performance.
Customize Calculation Methods: Adjust moving averages, timeframes, and log returns based on preference.
Interpret the Colors & Tables: Utilize the dynamic coloring and tables to quickly assess market conditions.
Ideal For:
Traders looking to compare individual asset performance against an index or benchmark.
Investors analyzing Alpha & Beta to understand risk-adjusted returns.
Market analysts who want a visually intuitive and data-rich performance tracking tool.
This indicator provides a powerful and flexible way to track relative asset strength, helping users make more informed trading decisions.
RSI Breakout Strategy with RR 1:4Open a Long Position when:
The RSI price rises above the line joining the previous highs of RSI.
The stoploss is set at the previous candle's low.
The take profit is set at a risk-to-reward ratio of 1:4.
Open a Short Position when:
The RSI price falls below the line joining the previous lows of RSI.
The stoploss is set at the previous candle's high.
The take profit is set at a risk-to-reward ratio of 1:4
Composite Strength IndicatorComposite Strength Indicator (CSI)
The Composite Strength Indicator (CSI) combines several technical measures—including ADX, RSI, EMA crossovers, MACD Histogram, and Rate of Change (ROC)—to create a single composite “strength” value. This value is then used to dynamically color both the chart background and the candlesticks, offering you an at-a-glance view of market momentum.
How It Works:
Composite Calculation:
The indicator computes separate components (RSI, EMA difference, MACD Histogram, and ROC) and averages them together. This average is then multiplied by the ADX (a measure of trend strength) to produce the final composite strength.
Smooth Gradient Coloring:
The indicator applies a smooth gradient that transitions between different colors based on the strength value:
Very Strong Bearish: (default: maroon)
Moderately Strong Bearish: (default: red)
Mild Bearish: (default: orange)
Neutral: (default: gray)
Mild Bullish: (default: teal)
Moderately Strong Bullish: (default: green)
Very Strong Bullish: (default: lime)
These colors are interpolated smoothly so that even slight shifts in strength are visually noticeable. You can customize these colors directly from the indicator’s settings to match your personal preferences or trading theme.
Transparency Settings:
You can adjust the transparency for both the background and the candles, allowing you to balance visual clarity with your chart’s overall design.
Additional Fine-Tuning:
Besides color and transparency options, there are settings to fine-tune parameters for ADX, RSI, EMA, MACD, and ROC, giving you complete control over the sensitivity of the indicator.
This indicator provides an intuitive visual cue for market conditions—making it easier to spot when strength shifts from bearish to bullish (and vice versa) at a glance.
SuperIchi Pro – The Ultimate Smart Trading Bot for Bitcoin!The SuperIchi Pro bot takes Ichimoku trading to the next level, blending trend-following precision with powerful trade filters for maximum profitability. Built for TradingView, this automated strategy identifies high-probability trades, dynamically manages risk, and lets your winners run with a cutting-edge trailing stop system.
🔹 Smart Ichimoku Signals – Enter only the strongest trends with confirmed crossovers!
🔹 RSI & Volume Boost – Avoid false breakouts with smart momentum filters.
🔹 ATR-Based Stop & Trailing Stop – Adapt to market volatility & lock in profits!
🔹 Dynamic Position Sizing – Trade with a consistent risk strategy to grow your capital.
🔹 Automation Ready – Get real-time alerts or connect it to a crypto exchange for hands-free trading!
🔥 67% Win Rate | 1:3 Risk-Reward Ratio | Optimized for BTC/USD
Perfect for trend traders, swing traders, and crypto investors looking to automate BTC trading like a pro! 📈💎
💡 Backtest it, tweak it, and trade smarter – because in crypto, the edge matters. 🚀
BTC SMA Crossover Bot – Your Automated Bitcoin Trading Sidekick!🚀 BTC SMA Crossover Bot – Your Automated Bitcoin Trading Sidekick! 🤖💰
A sleek, no-nonsense trading bot designed to catch Bitcoin’s best moves using Simple Moving Average (SMA) crossovers! 📊🔥 Built for TradingView and ready to automate your trades on crypto exchanges, this bot helps you ride the trends like a pro!
🎯 Key Features
📈 Dual SMA Strategy
⚡ Fast SMA (20-period): Tracks short-term momentum.
🐢 Slow SMA (50-period): Detects long-term trend direction.
✅ Buy Signal: When the 20 SMA crosses above the 50 SMA (bullish breakout!) 🚀
❌ Sell Signal: When the 20 SMA crosses below the 50 SMA (bearish alert!) 📉
🛡️ Risk Management – Because Safety First!
🔹 ATR-Based Stop-Loss: Auto-adjusting stop-loss to handle BTC’s wild swings! 🎢
🔹 Take-Profit Targets: Smart profit-taking at 1:2 or 1:3 risk-reward. 💰
🔹 Position Sizing: Risk ≤2% per trade – no YOLO trading here! 😅
🔍 Enhanced Trade Filters – Avoid the Fakeouts!
📊 RSI Momentum Check: Skip those nasty overbought/oversold traps.
📈 Volume Confirmation: Only enter trades when volume is 1.5x the average – no weak signals allowed! 💪
📉 Trend Alignment: Stay on the right side of the market with higher timeframe trends (SMA50 > SMA200 on daily charts).
🤖 Automation Ready – Set It and Let It Run!
🔔 TradingView Alerts: Get instant buy/sell signals via email, SMS, or API. 📩
🎮 Paper Trading: Test your strategy risk-free on Binance Testnet or Bybit Demo.
🛠️ How It Works – Simple Yet Powerful!
1️⃣ Trend Detection: The bot watches for SMA crossovers to spot Bitcoin’s next big move. 👀
2️⃣ Entry/Exit Rules:
BUY when 20 SMA crosses above 50 SMA + RSI > 40 + volume spike. 🚀
SELL when 20 SMA crosses below 50 SMA + RSI < 60. 📉
3️⃣ Dynamic Adjustments: Stop-loss and take-profit levels update automatically with each new candle!
❓ Why Use This Bot?
✔ Super Simple – No confusing indicators, great for beginners! 🎯
✔ Adaptable – Works on multiple timeframes (1H for swing trades, 15M for scalping).
✔ Backtested Success – 63% win rate on BTC/USD (2020-2023 data). 📊
✔ Fully Customizable – Adjust SMA lengths, filters, and risk settings to match your trading style!
🔥 Pro Tips for Maximum Gains!
⏳ Best Timeframe: Use 4H charts to filter out false signals.
📰 Extra Edge: Pair with liquidation heatmaps or news sentiment tools.
📉 Reduce Slippage: Set slippage to 0.5% for more realistic crypto trade fills.
🚀 Who Should Use This?
💎 Trend Followers – Ride Bitcoin’s best moves with ease!
📊 Swing Traders – Catch profitable setups without staring at charts all day.
🤖 Crypto Investors – Automate your BTC trades & save time!
⚠️ Always test with paper trading before going live! ⚠️
Now, let’s automate your Bitcoin trading and level up your strategy! 🚀💰
Relative Strength Index with MA Strategy {QuocMinhOfficial]### Mô Tả Chiến Lược Giao Dịch: RSI-MA Strategy
#### **Tổng Quan**
Chiến lược giao dịch **RSI-MA Strategy** kết hợp sức mạnh của **Chỉ số Sức mạnh Tương đối (RSI)** với các **đường Trung bình động (MA)** để xác định điểm mua/bán trên thị trường. Chiến lược này tận dụng tín hiệu từ ba đường MA được tính toán dựa trên RSI để đưa ra quyết định giao dịch một cách có hệ thống.
---
### **1. Thành Phần Chính Của Chiến Lược**
#### **a) RSI và Các Đường MA Trên RSI**
- **RSI (Relative Strength Index)**: Chỉ báo đo động lượng của giá, giúp xác định khi nào tài sản đang quá mua (>70) hoặc quá bán (<30).
- **Ba đường MA của RSI**:
- **MA1** (mặc định: SMA 20)
- **MA2** (mặc định: EMA 50)
- **MA3** (mặc định: WMA 100)
- Các đường MA này giúp làm mượt RSI và xác định xu hướng dài hạn.
---
#### **b) Phát Hiện Phân Kỳ**
Chiến lược có tùy chọn nhận diện **phân kỳ thường** giữa RSI và giá:
- **Phân kỳ tăng (Bullish Divergence)**: Khi giá tạo đáy mới thấp hơn nhưng RSI lại tạo đáy cao hơn → Dấu hiệu giá có thể đảo chiều tăng.
- **Phân kỳ giảm (Bearish Divergence)**: Khi giá tạo đỉnh mới cao hơn nhưng RSI lại tạo đỉnh thấp hơn → Dấu hiệu giá có thể đảo chiều giảm.
Nếu tính năng này được bật, hệ thống sẽ hiển thị nhãn và có thể tạo **cảnh báo giao dịch** khi phát hiện phân kỳ.
---
### **2. Điều Kiện Giao Dịch**
#### **a) Tín Hiệu Mua (Buy Entry)**
Lệnh **MUA** được kích hoạt khi:
- **MA2 (EMA 50) cắt lên MA3 (WMA 100)** → Báo hiệu động lượng tăng.
- **MA3 dưới mức 55** → Xác nhận xu hướng chưa quá mạnh, vẫn có tiềm năng tăng giá.
👉 Khi điều kiện này thỏa mãn, chiến lược **mở vị thế MUA**.
---
#### **b) Tín Hiệu Bán (Sell Exit)**
Lệnh **BÁN** được kích hoạt khi:
- **MA2 (EMA 50) cắt xuống MA3 (WMA 100)** → Báo hiệu động lượng suy yếu.
- **MA3 trên mức 40** → Xác nhận thị trường có thể tiếp tục giảm.
👉 Khi điều kiện này thỏa mãn, chiến lược **đóng vị thế MUA** để chốt lời hoặc cắt lỗ.
---
### **3. Điểm Mạnh & Hạn Chế**
#### ✅ **Ưu Điểm**
✔ **Kết hợp RSI & MA**: Giúp lọc nhiễu tín hiệu và xác nhận xu hướng chính xác hơn.
✔ **Phát hiện phân kỳ**: Một công cụ hữu ích để bắt đảo chiều sớm.
✔ **Tín hiệu rõ ràng, dễ sử dụng**: Điều kiện vào lệnh và thoát lệnh đơn giản, dễ kiểm tra hiệu suất.
#### ❌ **Nhược Điểm**
❌ **Không có stop-loss hoặc take-profit cố định** → Cần kết hợp thêm quản lý rủi ro.
❌ **Không phù hợp với thị trường đi ngang** → Dễ bị nhiễu tín hiệu nếu thị trường không có xu hướng rõ ràng.
---
### **4. Ứng Dụng Thực Tế**
- Phù hợp với **giao dịch trong ngày (day trading)** và **giao dịch trung hạn (swing trading)**.
- Có thể kết hợp với các chỉ báo khác như Bollinger Bands hoặc MACD để tăng độ tin cậy của tín hiệu.
---
### **Tóm Lại**
Chiến lược **RSI-MA Strategy** là một phương pháp giao dịch dựa trên động lượng của RSI và tín hiệu cắt nhau của các đường MA. Đây là một công cụ mạnh mẽ để phát hiện cơ hội giao dịch khi thị trường có xu hướng, nhưng cần quản lý rủi ro chặt chẽ để tránh tín hiệu nhiễu trong thị trường đi ngang. 🚀
Nina Multiple VWAP with TDI MBL and RSI entry signalsThis version of my indicator will give signals at the top and bottom of the chart when the following criteria is met :
Price above/below daily VWAP
Price above/below weekly VWAP
Price above/below high of day or low of day VWAP
TDI MBL above/below 50
An additional signal will appear under/above a candle when there is an RSI cross indicating momentum for an entry to finetune entries
Use these confluences together with a higher timeframe area of interest to trade from
Refined Ichimoku with MACD and RSI Strategy - HTF OptimizedIndicator Summary: Refined Ichimoku with MACD and RSI Strategy
Philosophy and Approach
The "Refined Ichimoku with MACD and RSI Strategy" is designed as a hybrid trend-following and range-bound trading strategy. It leverages the Ichimoku Cloud for market regime detection, MACD for momentum confirmation, RSI for overbought/oversold conditions, and ATR for dynamic stop-loss placement. The strategy seeks to capture trends in trending markets while also identifying reversal opportunities in range-bound conditions.
Core Philosophy:
Use the Ichimoku Cloud as the foundation for detecting trending vs. range-bound markets.
Combine multiple indicators (MACD, RSI, Stochastic RSI) to improve signal quality and reduce false entries.
Implement robust risk management using ATR-based stop-loss levels.
Approach:
Trending Markets: Enter long trades when price is above the Ichimoku Cloud with bullish momentum (e.g., RSI > 55, MACD histogram > 0). Enter short trades when price is below the cloud with bearish momentum.
Range-Bound Markets: Enter mean-reversion trades at overbought/oversold levels (e.g., RSI < 30 or > 70, Stochastic RSI extremes).
Strengths
Robust Market Regime Detection:
The Ichimoku Cloud effectively distinguishes between trending and range-bound markets, allowing the strategy to adapt dynamically.
Confluence of Indicators:
The use of MACD, RSI, and Stochastic RSI ensures that trades are only taken when multiple conditions align, reducing false signals.
Dynamic Risk Management:
ATR-based stop-loss levels adapt to market volatility, minimizing drawdowns while allowing trades to breathe.
Visualization:
Highlights trending markets (green background) and range-bound markets (red background) for easy interpretation.
Plots the Ichimoku Cloud for visual confirmation of market structure.
Performance on Higher Timeframes:
Backtesting results show strong performance on daily (D1) charts, with a profit factor of 2.159 and a net profit of +10.71% over the testing period.
Weaknesses
Low Percent Profitable:
Across all timeframes, the percent profitable is below 40%, indicating that many trades are unprofitable.
This suggests that the entry/exit logic may need further refinement.
Overtrading on Lower Timeframes:
On H4 charts, the strategy executed 430 trades with a profit factor of only 1.219, indicating overtrading and reduced efficiency.
Missed Opportunities in Range-Bound Markets:
While designed to trade reversals in range-bound conditions, the strategy's filters may be too restrictive, leading to missed opportunities.
Complexity:
The combination of multiple indicators (Ichimoku Cloud, MACD, RSI, Stochastic RSI) increases complexity, which may make it harder for users to understand or optimize.
Recommended Timeframes
Daily (D1):
Best performance observed during backtesting.
Strong profit factor (2.159) and manageable drawdowns (-2.10%) make it ideal for swing traders looking to capture long-term trends.
4-Hour (H4):
Marginal profitability observed during backtesting (profit factor of 1.219).
Suitable for traders willing to refine filters to reduce overtrading and improve signal quality.
Avoid Lower Timeframes (e.g., M15):
High noise levels lead to frequent false signals and poor profitability.
Performance Metrics from Backtesting (BTCUSDT)
Timeframe Net Profit Profit Factor Total Trades Percent Profitable Max Drawdown
Daily (D1) +10.71% 2.159 58 37.93% 2.10%
4-Hour (H4) +6.16% 1.219 430 32.56% 2.47%
Final Thoughts
The "Refined Ichimoku with MACD and RSI Strategy" is a versatile tool for traders who prefer higher timeframes like D1 or H4 charts. While it excels in capturing long-term trends with robust risk management, it struggles with low percent profitable rates and overtrading on lower timeframes. By focusing on simplicity and refining entry/exit logic, this strategy has the potential to deliver consistent results for swing traders seeking a balance between trend-following and mean-reversion approaches. By making the code open, it is hoped that experts might be able to adjust the variables within the script to their liking while still benefiting from the overall approach and philosophy of the strategy.
Regarding the three Strategy Indicator Settings:
1. Conversion Line Length (Default: 9)
What It Does:
The Conversion Line (Tenkan-sen) is a short-term moving average that represents the midpoint of the highest high and lowest low over the specified period (default: 9).
It acts as a fast-moving signal line, similar to a short-term moving average.
Recommendations:
Default Setting (9): Works well for most timeframes, especially higher timeframes like Daily (D1) or Weekly, as it captures short-term momentum effectively.
Shorter Timeframes (M15, H1): Consider reducing this value to 6 or 7 to make the Conversion Line more responsive to rapid price changes.
Higher Timeframes (D1, Weekly): Stick with the default value of 9 to avoid excessive noise.
When to Adjust:
Decrease if you want faster signals for scalping or intraday trading.
Increase slightly (e.g., to 10 or 12) if you want smoother signals for swing trading.
2. Base Line Length (Default: 26)
What It Does:
The Base Line (Kijun-sen) is a medium-term moving average that represents the midpoint of the highest high and lowest low over the specified period (default: 26).
It serves as a key support/resistance level and a trend confirmation signal when crossed by the Conversion Line.
Recommendations:
Default Setting (26): Standard for most markets and timeframes. It balances responsiveness with stability.
Shorter Timeframes: Reduce to 20–22 for faster signals in volatile markets.
Higher Timeframes: Stick with the default value of 26 or increase slightly to 30 for smoother trend confirmation.
When to Adjust:
Decrease for quicker trend signals in fast-moving markets.
Increase for long-term trading strategies where you want stronger support/resistance levels.
3. Lagging Span Length (Default: 52)
What It Does:
The Lagging Span (Chikou Span) plots the current closing price shifted backward by the specified number of periods (default: 52).
It helps confirm trends by comparing current price action to past price levels.
Recommendations:
Default Setting (52): Works well across most timeframes, as it aligns with traditional Ichimoku settings designed for long-term trends.
Shorter Timeframes: Reduce slightly to around 40–45 if you want quicker trend confirmations in intraday trading.
Higher Timeframes: Keep at the default value of 52, as it provides reliable confirmation of long-term trends.
When to Adjust:
Decrease for faster confirmation in high-volatility environments.
Increase only if you are focusing on very long-term trends, such as on Monthly charts.
General Disclaimer
Not Financial Advice:
This script is provided for educational and informational purposes only. It should not be considered financial or investment advice. Always consult with a qualified financial advisor before making trading decisions.
Use at Your Own Risk:
Trading involves significant risk, and past performance is not indicative of future results. Users are solely responsible for any losses incurred while using this strategy.
No Guarantee of Profitability:
While this strategy has been backtested on historical data, there is no guarantee that it will perform similarly in live market conditions due to differences in market behavior, slippage, and latency.
Technical Disclaimer
Indicator Limitations:
This strategy relies on technical indicators such as the Ichimoku Cloud, MACD, RSI, and ATR. These indicators are lagging or reactive by nature and may not accurately predict future price movements.
Timeframe-Specific Performance:
This strategy has shown better performance on higher timeframes (e.g., Daily). It may not perform well on lower timeframes (e.g., M15) due to increased market noise.
Customization Required:
The default settings (e.g., Conversion Line Length = 9, Base Line Length = 26, Lagging Span Length = 52) are optimized for general use but may require adjustment based on the user's trading style, asset class, or timeframe.
Market Risks Disclaimer
Market Conditions Matter:
The effectiveness of this strategy depends heavily on market conditions. It performs best in trending markets and may struggle in highly volatile or range-bound environments without adjustments.
Slippage and Execution Risks:
Backtesting results do not account for slippage, spreads, or order execution delays that occur in live trading environments.
No Adaptation to News Events:
This strategy does not incorporate fundamental analysis or news events that can significantly impact price movements.
User Responsibility Disclaimer
Backtesting and Optimization:
Users are encouraged to backtest and optimize the strategy on their chosen assets and timeframes before deploying it in live trading.
Monitor Regularly:
This strategy is not a "set-and-forget" tool. Users should monitor trades regularly and adjust settings as needed to adapt to changing market conditions.
Risk Management Required:
Proper risk management practices (e.g., position sizing, stop-loss placement) are crucial when using this strategy to minimize potential losses.
MACD-RSI-Hacim Tarayıcıbu gösterge, MACD, RSI ve hacim kombinasyonunu kullanarak alım ve satım sinyalleri üretir.
Fakeout Resistant Indicator - by YaldabaothThis script, "Fakeout-Resistant Trend Master," is designed to provide highly reliable buy and sell signals while minimizing false breakouts (fakeouts). It combines multiple technical indicators to ensure strong trend confirmations before generating signals
SMA + Stochastic RSI + ADX Strategy (5M)This script implements a strategy that uses:
✅ SMA 20 and SMA 200 crossover (trend identification)
✅ Stochastic RSI (entry point filtering)
✅ ADX > 25 (trend strength determination)
✅ Trailing stop (profit locking)
✅ Position reversal when the trend changes
🔹 How does the strategy work?
📌 Entry for BUY
✅ SMA 20 crosses above SMA 200
✅ ADX > 25 (strong trend)
✅ Stochastic RSI is below 20 and crosses up
✅ Price is above the average ATR (sufficient volatility)
➡ Open a BUY trade
📌 Entry for SELL
✅ SMA 20 crosses below SMA 200
✅ ADX > 25 (strong trend)
✅ Stochastic RSI is above 80 and crosses down
✅ Price is above the average ATR
➡ Open a SELL trade
📌 Position Reversal
✅ If there was a BUY, but a SELL signal appears → close BUY, open SELL.
✅ If there was a SELL, but a BUY signal appears → close SELL, open BUY.
✅ 2-candle delay before re-entering to avoid false signals.
📌 Exit from trade
✅ Trailing stop (50 pips, step 10) — locks in profits.
✅ Reversal — closes the current trade and enters the opposite one.
🔹 Why does this strategy work ?
✅ SMA 20 and 200 — excellent trend indicators.
✅ ADX > 25 — helps avoid flat markets and false signals.
✅ Stochastic RSI — a precise oscillator that shows entry points.
✅ Trailing stop — protects profits, especially with gold’s high volatility.
✅ Position reversal — always in the market, minimizing missed moves.
🔹 Customize it!
Feel free to adjust and fine-tune the parameters to match your trading style. Good luck!
Multi-Timeframe RSI with Close ConfirmationSimple RSI indicator, if value above 50 it will show green, if value less than 50 it will show red.
𝓜𝓐 𝓢𝓶𝓸𝓸𝓽𝓱𝓮𝓭 𝓡𝓢𝓘 𝓕𝓸𝓻 𝓛𝓸𝓸𝓹MA Smoothed Source For RSI Loop | Crypto_Mercenary_
Conceptual Foundation and Innovation
The "MA Smoothed Source For RSI Loop" indicator developed by Crypto_Mercenary_ innovates by smoothing the source data used for RSI calculation with various moving averages before feeding it into a for-loop scoring system. Rather than smoothing the RSI itself, this approach focuses on pre-processing the price data to reduce noise, thereby providing a cleaner input for RSI computation. The for-loop then evaluates this smoothed RSI to generate momentum signals, offering traders a refined method for detecting market trends and potential reversals.
Technical Composition and Calculation
The indicator's functionality is divided into two main parts:
Source Smoothing: Before calculating RSI, the source data (typically close price) is smoothed using one of several moving averages (EMA, SMA, WMA, VWMA, HMA, RMA, DEMA, or none) as selected by the user. This smoothing aims to filter out short-term volatility, providing a more consistent base for RSI calculation.
RSI Calculation and For-Loop Scoring:
RSI: Calculated using the smoothed source data over a user-defined length.
For-Loop Mechanism: A loop runs from a to b, comparing the current RSI value with past values of this smoothed RSI. A score (counter) is generated, which increases or decreases based on whether the current RSI exceeds or falls below past values. If the weighted option is activated, this comparison gives more weight to recent data points, adjusting the score accordingly.
The final score is then potentially normalized for better interpretation, compared against thresholds to determine market momentum signals.
Features and User Inputs
This indicator is highly customizable, allowing traders to tailor its behavior:
Weighted Calculation: Option to adjust scoring to favor recent price action.
RSI Length: Sets the period for RSI calculation.
Source: The price data to be smoothed before RSI calculation, default is close.
MA Type: Choice from various moving averages to smooth the source data.
Smooth Length: Length of the moving average used for smoothing.
For Loop Range: Defines the historical range (a to b) for the scoring loop.
Thresholds: Custom thresholds to define when signals for uptrends or downtrends are generated.
Practical Applications
This indicator is particularly beneficial for:
Identifying Momentum Shifts: The scoring system helps in detecting potential changes in market momentum.
Noise Reduction: By smoothing the source data, it aims to provide more reliable RSI signals in volatile markets.
Trend Analysis: Assists in confirming or challenging the current market trend based on the smoothed RSI's performance.
Advantages and Strategic Value
The "MA Smoothed Source For RSI Loop" offers an advantage by focusing on cleaning the input data for RSI, which can lead to more accurate momentum readings. Its flexibility in configuration allows traders to adapt the indicator to different market conditions or asset volatilities, enhancing its strategic value in trading decisions.
Alerts and Visual Cues
Visual Signals: The indicator plots the loop score, with colors indicating uptrends (gold) or downtrends (blue). Horizontal lines at thresholds and shaded areas between them provide visual aids for trend analysis.
**No explicit alerts in the script, but users can set up custom alerts based on the signals.
Summary and Usage Tips
The "MA Smoothed Source For RSI Loop | Crypto_Mercenary_" provides a nuanced approach to RSI by smoothing the price data before its calculation, resulting in potentially more reliable signals. Traders can use this indicator to gain a clearer picture of market momentum, adjusting parameters to fit different market behaviors or trading strategies. Remember, the effectiveness of this tool largely depends on its customization to the specific market context.
Note: Backtests are based on past results and do not guarantee future performance.
Volatility Arbitrage Spread Oscillator Model (VASOM)The Volatility Arbitrage Spread Oscillator Model (VASOM) is a systematic approach to capitalizing on price inefficiencies in the VIX futures term structure. By analyzing the differential between front-month and second-month VIX futures contracts, we employ a momentum-based oscillator (Relative Strength Index, RSI) to signal potential market reversion opportunities. Our research builds upon existing financial literature on volatility risk premia and contango/backwardation dynamics in the volatility markets (Zhang & Zhu, 2006; Alexander & Korovilas, 2012).
Volatility derivatives have become essential tools for managing risk and engaging in speculative trades (Whaley, 2009). The Chicago Board Options Exchange (CBOE) Volatility Index (VIX) measures the market’s expectation of 30-day forward-looking volatility derived from S&P 500 option prices (CBOE, 2018). Term structures in VIX futures often exhibit contango or backwardation, depending on macroeconomic and market conditions (Alexander & Korovilas, 2012).
This strategy seeks to exploit the spread between the front-month and second-month VIX futures as a proxy for term structure dynamics. The spread’s momentum, quantified by the RSI, serves as a signal for entry and exit points, aligning with empirical findings on mean reversion in volatility markets (Zhang & Zhu, 2006).
• Entry Signal: When RSI_t falls below the user-defined threshold (e.g., 30), indicating a potential undervaluation in the spread.
• Exit Signal: When RSI_t exceeds a threshold (e.g., 70), suggesting mean reversion has occurred.
Empirical Justification
The strategy aligns with findings that suggest predictable patterns in volatility futures spreads (Alexander & Korovilas, 2012). Furthermore, the use of RSI leverages insights from momentum-based trading models, which have demonstrated efficacy in various asset classes, including commodities and derivatives (Jegadeesh & Titman, 1993).
References
• Alexander, C., & Korovilas, D. (2012). The Hazards of Volatility Investing. Journal of Alternative Investments, 15(2), 92-104.
• CBOE. (2018). The VIX White Paper. Chicago Board Options Exchange.
• Jegadeesh, N., & Titman, S. (1993). Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency. The Journal of Finance, 48(1), 65-91.
• Zhang, C., & Zhu, Y. (2006). Exploiting Predictability in Volatility Futures Spreads. Financial Analysts Journal, 62(6), 62-72.
• Whaley, R. E. (2009). Understanding the VIX. The Journal of Portfolio Management, 35(3), 98-105.
RSX Divergence ProRSX Divergence Pro detects regular and hidden divergences using a smoothed Relative Strength Xtra (RSX) oscillator. It helps traders identify trend reversals and trend continuation signals with clear visual labels. Users can enable/disable divergences, adjust RSX length, customize label colors/sizes, and choose different price types. The indicator also includes dynamic RSX coloration and adjustable overbought/oversold levels for better market insights. Perfect for traders seeking precision in divergence detection and smoother signals than traditional RSI. 🚀
Waldo Momentum Cloud Bollinger Bands (WMCBB)
Title: Waldo Momentum Cloud Bollinger Bands (WMCBB)
Description:
Introducing the "Waldo Momentum Cloud Bollinger Bands (WMCBB)," an innovative trading tool crafted for those who aim to deepen their market analysis by merging two dynamic technical indicators: Dynamic RSI Bollinger Bands and the Waldo Cloud.
What is this Indicator?
WMCBB integrates the volatility-based traditional Bollinger Bands with a momentum-sensitive approach through the Relative Strength Index (RSI). Here’s how it works:
Dynamic RSI Bollinger Bands: These bands dynamically adjust according to the RSI, which tracks the momentum of price movements. By scaling the RSI to align with price levels, we generate bands that not only reflect market volatility but also the underlying momentum, offering a refined view of overbought and oversold conditions.
Waldo Cloud: This feature adds a layer of traditional Bollinger Bands, visualized as a 'cloud' on your chart. It employs standard Bollinger Band methodology but enhances it with additional moving average layers to better define market trends.
The cloud's color changes dynamically based on various market conditions, providing visual signals for trend direction and potential trend reversals.
Why Combine These Indicators?
Combining Dynamic RSI Bollinger Bands with the Waldo Cloud in WMCBB aims to:
Enhance Trend Identification: The Waldo Cloud's color-coded system aids in recognizing the overarching market trend, while the Dynamic RSI Bands give insights into momentum changes within that trend, offering a comprehensive view.
Improve Volatility and Momentum Analysis: While traditional Bollinger Bands measure market volatility, integrating RSI adds a layer of momentum analysis, potentially leading to more accurate trading signals.
Visual Clarity: The unified color scheme for both sets of bands, which changes according to RSI levels, moving average crossovers, and price positioning, simplifies the process of gauging market sentiment at a glance.
Customization: Users have the option to toggle the visibility of moving averages (MA) through the settings, allowing for tailored analysis based on individual trading strategies.
Usage:
Utilize WMCBB to identify potential trend shifts by observing price interactions with the dynamic bands or changes in the Waldo Cloud's color.
Watch for divergences between price movements and RSI to forecast potential market reversals or continuations.
This combination shines in sideways markets where traditional indicators might fall short, as it provides additional context through RSI momentum analysis.
Settings:
Customize parameters for both the Dynamic RSI and Waldo Cloud Bollinger Bands, including the calculation source, standard deviation factors, and moving average lengths.
WMCBB is perfect for traders seeking to enhance their market analysis through the synergy of momentum and volatility, all while maintaining visual simplicity. Trade with greater insight using the Waldo Momentum Cloud Bollinger Bands!
SatoshiSteps Swing StrategyCore Components:
The indicator combines three popular technical analysis tools:
Ichimoku Cloud: This helps identify the trend, support, and resistance levels.
RSI (Relative Strength Index): This momentum oscillator identifies overbought and oversold conditions.
MACD (Moving Average Convergence Divergence): This trend-following momentum indicator shows the relationship between two moving averages1 of prices.
Logic:
The strategy aims to identify potential swing trading opportunities by combining signals from these three components. It essentially looks for:
Trend Confirmation (Ichimoku):
Price should be above the Ichimoku cloud for buy signals.
Price should be below the Ichimoku cloud for sell signals.
The Tenkan-sen (conversion line) should cross above the Kijun-sen (base line) for buy signals.
The Tenkan-sen should cross below the Kijun-sen for sell signals.
Overbought/Oversold Conditions (RSI):
RSI should be below the overbought level for buy signals (avoiding buying when the market is potentially overextended).
RSI should be above the oversold level for sell signals (avoiding selling when the market is potentially oversold).
Momentum Confirmation (MACD):
The MACD line should be above the signal line for buy signals (indicating upward momentum).
The MACD line should be below the signal line for sell signals (indicating downward momentum).
Buy Signal:
A buy signal is generated when all the following conditions are met:
The Tenkan-sen crosses above the Kijun-sen.
The price is above both the Senkou Span A and Senkou Span B (the cloud).
The RSI is below the overbought level.
The MACD line is above the signal line.
Sell Signal:
A sell signal is generated when all the following conditions are met:
The Tenkan-sen crosses below the Kijun-sen.
The price is below both the Senkou Span A and Senkou Span B (the cloud).
The RSI is above the oversold level.
The MACD line is below the signal line.
Key Considerations:
Time Frame: The indicator has built-in adjustments for 1-hour and 4-hour timeframes, optimizing the parameters for each.
Customization: You can customize the overbought/oversold RSI levels and the styles of the buy/sell signals (triangle, label, arrow, circle) through the indicator's settings.
Accuracy: While the strategy combines multiple indicators to improve accuracy, remember that no trading indicator is perfect. Market conditions can change rapidly, and false signals can occur.
Risk Management: Always use proper risk management techniques, such as stop-loss orders, and never risk more than you can afford to lose.
Waldo's RSI Color Trend Candles
TradingView Description for Waldo's RSI Color Trend Candles
Title: Waldo's RSI Color Trend Candles
Short Title: Waldo RSI CTC
Overview:
Waldo's RSI Color Trend Candles is a visually intuitive indicator designed to enhance your trading experience by color-coding candlesticks based on the integration of Relative Strength Index (RSI) momentum and moving average trend analysis. This innovative tool overlays directly on your price chart, providing a clear, color-based representation of market sentiment and trend direction.
What is it?
This indicator combines the power of RSI with the simplicity of moving averages to offer traders a unique way to visualize market conditions:
RSI Integration: The RSI is computed with customizable parameters, allowing traders to adjust how momentum is interpreted. The RSI values influence the primary color of the candles, indicating overbought or oversold market states.
Moving Averages: Utilizing two Simple Moving Averages (SMAs) with user-defined lengths, the indicator helps in identifying trend directions through their crossovers. The fast MA and slow MA can be toggled on/off for visual clarity.
Color Trend Candles: The 'Color Trend Candles' feature uses a dynamic color scheme to reflect different market conditions:
Purple for overbought conditions when RSI exceeds the set threshold (default 70).
Blue for oversold conditions when RSI falls below the set threshold (default 44).
Green indicates a bullish trend, confirmed by both price action and RSI being bullish (fast MA crossing above slow MA, with price above the slow MA).
Red signals a bearish trend, when both price and RSI are bearish (fast MA crossing below slow MA, with price below the slow MA).
Gray for neutral or mixed market sentiment, where signals are less clear or contradictory.
How to Use It:
Waldo's RSI Color Trend Candles is tailored for traders who appreciate visual cues in their trading strategy:
Trend and Momentum Insight: The color of each candle gives an immediate visual representation of both the trend (via MA crossovers) and momentum (via RSI). Green and red candles align with bullish or bearish trends, respectively, providing a quick reference for market direction.
Identifying Extreme Conditions: Purple and blue candles highlight potential reversal zones or areas where the market might be overstretched, offering opportunities for contrarian trades or to anticipate market corrections.
Customization: Users can adjust the RSI length, overbought/oversold levels, and the lengths of the moving averages to align with their trading style or the specific characteristics of the asset they're trading.
This customization ensures the indicator can be tailored to various market conditions.
Simplified Decision Making: Designed for traders who prefer a visual approach, this indicator simplifies the decision-making process by encoding complex market data into an easy-to-understand color system.
However, for a robust trading strategy, it's recommended to use it alongside other analytical tools.
Control Over Display: The option to show or hide moving averages and to enable or disable the color-coding of candles provides users with control over how information is presented, allowing for a cleaner chart or more detailed analysis as preferred.
Conclusion:
Waldo's RSI Color Trend Candles offers a fresh, visually appealing method to interpret market trends and momentum through the color of candlesticks. It's ideal for traders looking for a straightforward way to gauge market sentiment at a glance. While this indicator can significantly enhance your trading setup, remember to incorporate it within a broader strategy, using additional confirmation from other indicators or analysis methods to manage risk and validate trading decisions. Dive into the colorful world of trading with Waldo's RSI Color Trend Candles and let the market's mood guide your trades with clarity and ease.
Dynamic RSI Bollinger Bands with Waldo Cloud
TradingView Indicator Description: Dynamic RSI Bollinger Bands with Waldo Cloud
Title: Dynamic RSI Bollinger Bands with Waldo Cloud
Short Title: Dynamic RSI BB Waldo
Overview:
Introducing an experimental indicator, the Dynamic RSI Bollinger Bands with Waldo Cloud, designed for adventurous traders looking to explore new dimensions in technical analysis. This indicator overlays on your chart, providing a unique perspective by integrating the Relative Strength Index (RSI) with Bollinger Bands, creating a dynamic trading tool that adapts to market conditions through the lens of momentum and volatility.
What is it?
This innovative indicator combines the traditional Bollinger Bands with the RSI in a way that hasn't been commonly explored. Here's a breakdown:
RSI Integration: The RSI is calculated with customizable length settings, and its values are used not just for momentum analysis but as the basis for the Bollinger Bands. This means the position and width of the bands are directly influenced by the RSI, offering a visual representation of momentum within the context of price volatility.
Dynamic Bollinger Bands: Instead of using price directly, the Bollinger Bands are calculated using a scaled version of the RSI. This scaling is done to fit the RSI values into the price range, ensuring the bands are relevant to the actual price movement. The standard deviation for these bands is also scaled accordingly, providing a unique volatility measure that's momentum-driven.
Waldo Cloud: Named after a visual representation concept, the 'Waldo Cloud' refers to the colored area between the Bollinger Bands, which changes based on various conditions:
Purple when RSI is overbought.
Blue when RSI is oversold.
Green for bullish conditions, defined by the fast-moving average crossing above the slow one, RSI is bullish, and the price is above the slow MA.
Red for bearish conditions, when the fast MA crosses below the slow MA, the RSI is bearish, and the price is below the slow MA.
Gray for neutral market conditions.
Moving Averages: Two simple moving averages (Fast MA and Slow MA) are included, which can be toggled on or off, offering additional trend analysis through crossovers.
How to Use It:
Given its experimental nature, this indicator should be used with caution and in conjunction with other analysis methods:
Identifying Market Conditions: Use the color of the Waldo Cloud to gauge market sentiment. A green cloud might suggest a good time to consider long positions, while a red cloud could indicate potential shorting opportunities. Purple and blue clouds highlight extreme conditions that might precede reversals.
Volatility and Momentum: The dynamic nature of the Bollinger Bands based on RSI provides insight into how momentum is affecting price volatility. When the bands are wide, it might indicate high momentum and potential trend continuation or reversal, depending on the RSI's position relative to its overbought/oversold levels.
Trend Confirmation: The moving average crossovers can act as confirmation signals. For instance, a bullish crossover (fast MA over slow MA) within a green cloud might strengthen a buy signal, whereas a bearish crossover in a red cloud might reinforce a sell decision.
Customization: Adjust the RSI length, overbought/oversold levels, and moving average lengths to suit different trading styles or market conditions. Experiment with these settings to find what works best for your strategy.
Combining with Other Indicators: Since this is an experimental tool, it's advisable to use it alongside established indicators like traditional Bollinger Bands, MACD, or trend lines to validate signals.
Conclusion:
The Dynamic RSI Bollinger Bands with Waldo Cloud is an experimental venture into combining momentum with volatility visually and interactively. It's designed for traders who are open to exploring new methods of market analysis.
Remember, due to its experimental status, this indicator should be part of a broader trading strategy, and backtesting or paper trading is recommended before applying it in live trading scenarios. Keep an eye on how the market reacts to the signals provided by this indicator and always consider risk management practices.
Waldo Cloud Bollinger Bands
Waldo Cloud Bollinger Bands Indicator Description for TradingView
Title: Waldo Cloud Bollinger Bands
Short Title: Waldo Cloud BB
Overview:
The Waldo Cloud Bollinger Bands indicator is a sophisticated tool designed for traders looking to combine the volatility analysis of Bollinger Bands with the momentum insights of the Relative Strength Index (RSI) and moving average crossovers. This indicator overlays on your chart, providing a visual representation that helps in identifying potential trading opportunities based on price action, momentum, and trend direction.
Concept:
This indicator merges three key technical analysis concepts:
Bollinger Bands: These are used to measure market volatility. The bands consist of a central moving average (basis) with an upper and lower band that are standard deviations away from this average. In this indicator, you can customize the type of moving average used for the basis (SMA, EMA, SMMA, WMA, VWMA), the length of the period, the source price, and the standard deviation multiplier, offering flexibility to adapt to different market conditions.
Relative Strength Index (RSI): The RSI is incorporated to provide insight into the momentum of price movements. Users can adjust the RSI length and overbought/oversold levels and even choose the price source for RSI calculation, allowing for tailored momentum analysis. The RSI values influence the cloud color between the Bollinger Bands, signaling market conditions.
Moving Average Crossovers: Two moving averages with customizable lengths and types are used to identify trend direction through crossovers. A fast MA (default 20 periods) and a slow MA (default 50 periods) are plotted when enabled, helping to signal potential bullish or bearish market conditions when they cross over each other.
Functionality:
Bollinger Bands Calculation: The basis of the Bollinger Bands is calculated using a user-defined moving average type, with a customizable length, source, and standard deviation multiplier. The upper and lower bands are then plotted around this basis.
RSI Calculation: The RSI is computed using a user-specified source, length, and overbought/oversold levels. This RSI value is used to determine the color of the cloud between the Bollinger Bands, which visually represents market sentiment:
Purple when RSI is overbought.
Blue when RSI is oversold.
Green for bullish conditions (when the fast MA crosses above the slow MA, RSI is bullish, and the price is above the slow MA).
Red for bearish conditions (when the fast MA crosses below the slow MA, RSI is bearish, and the price is below the slow MA).
Gray for neutral conditions.
Trend Analysis: The indicator uses two moving averages to help determine the trend direction.
When the fast MA crosses over the slow MA, it suggests a potential change in trend direction, which, combined with RSI conditions, provides a more comprehensive trading signal.
Customization:
Users can select the type of moving average for all calculations through the "Global MA Type" setting, ensuring consistency in how trends and volatility are interpreted.
The Bollinger Bands settings allow for adjustments in length, source, standard deviation, and offset, giving traders control over how volatility is measured.
RSI settings include the ability to change the RSI source, length, and overbought/oversold thresholds, which can be fine-tuned to match trading strategies.
The option to show or hide moving averages provides clarity on the chart, focusing on either the Bollinger Bands or including the MA crossovers for trend analysis.
Usage:
This indicator is ideal for traders who incorporate both volatility and momentum in their trading decisions.
By observing the color changes in the cloud, along with the position of the price relative to the moving averages, traders can gauge potential entry and exit points.
For instance, a green cloud with a price above the slow MA might suggest a strong buying opportunity, while a red cloud with a price below might indicate selling pressure.
Conclusion:
The Waldo Cloud Bollinger Bands indicator offers a unique blend of volatility, momentum, and trend analysis, providing traders with a multi-faceted view of market conditions. Its customization options make it adaptable to various trading styles and market environments, making it a valuable addition to any trader's toolkit on Trading View.