RSI Peak & Bottom The peak/bottom could show the top level of RSI. When rsi passed the top/bottom value it indicated a buy/sell signal. It can show the signal earlier but still need some filter, so this method could be combined with others indicator as a filter. The red arrow is the peak and the…
Doda-Stochastic Indicator This is another variant of the stochastic indicator. The normal stochastic indicator gives buy, sell signals many times even if the price is trading in a single direction. This indicator gives fewer signals i.e. filters out false signals and gives a clear alert on screen for buy or sell. Another point, which I…
Smoothed RSI Inverse Fisher Transform by Sylvain Vervoort The indicator was presented by Sylvain Vervoort in the October 2010 issue of Stocks & Commodities magazine. The article was awarded the Reader’s Choice award in 2011. It begins by smoothing the price curve with a “rainbow” weighted moving average. This smoothed price curve is used to calculate…
BBR If price pierced upper or lower Bollinger Bands ®, RSI is overbought/oversold and moves back to 50 you’ll get a signal. Of course some false too, but as always MM and tight sl is the key. Recommended timeframe is M5. Added some objects that you are able to prepare for a signal. RSI object…
Figurelli RSI The main idea of the proposed RSI is better to detect the signal overbought/oversold situations using larger periods for better trend detection in any timeframe. For this, I did some changes to it perform as good for greater periods, like 120, introducing gain variable. So, if you use 120 periods in the original…
Heiken Ashi Oscillator The Heiken Ashi Oscillator shows the colour of the Heiken Ashi Bars and measures the immediate and average change over time. It is very simple, Heiken Ashi bars are of whatever colour the oscillator displays and you can see candlesticks without any visual discomfort. The moving average can be used to measure…
Awesome Bar Counter This indicator uses an Awesome Oscillator to count the bars on each trend change and display it graphically. This is to see if you can find a trend change with the bars counted of each awesome colour change.
Oscillators on Chart RSI, CCI & PercentRange drawn in the chart window.