I took a concept similar to the "Adaptive RSI" to get the RSI overlaid on a price chart. The problem I have with the Adaptive RSI is to me it sticks too closely to price. I wanted something much more visually helpful that can provide actual tradable signals and strategies. The orange line you are seeing is the "RSI Trend Line" The further the RSI moves away...
█ OVERVIEW This indicator is a modified version of "Technical Ratings" v5.0 available in the public library to provide a quick overview of Technical Ratings in 6 optional timeframes. █ FEATURES - Multi-timeframe Table. - Display Technical Ratings for "MAs" with a percentage. - Display Technical Ratings for "Oscillators" with a percentage. - Display Technical...
Given that we are primarily focussed on trend-following, we built this indicator in a quest to assess the "quality" of a market. It was adapted primarily from methods that trading coach Dr. Van Tharp popularised, namely to do with his SQN. This indicator has 5 zones that act to classify the market: Strong Bull - Dark Green Bull - Green Neutral - Grey Bear -...
Again, ichimoku based signal generator, this time using the Kijun-sen (Base line) and the Tenkan-sen (Conversion line) to assess price action. Works best on timeless charts (e.g. Point & Figure, Renko's, ...). Use with caution !! ... or with very small TP targets !!