this indicator serves to differentiate the classic source of RSI with these inputs you can modify the inputs of the different Bar's, you can choose between: Candles = classic Candles Heikin Hashi Kagi Line break Pointfigure Renko Selecting the input: "Use Different Source ???" you can use a source with multiple elements of your choice 2...
I have published that script not like oscillator, which in fact it is, because tradingview doesn't support dual plots in overlay=true and overlay=false. So I have decided that to show filter is better idea. Yes, it decrease potential profit on long term, but for me personally, it is much better to understand the direction of the market movement and take potential...
RSI Cross by AP create by 2 MA of RSI - When ShortRSI > LongRSI, this is an uptrend. - When ShortRSI < LongRSI, this is a downtrend.
This simple RSI-MA long/short algorithm beats the Dow by a FREAKING HUGE margin over the past century (excluding dividends and trading costs). The algorithm uses a fast SMA of the RSI as a buy/cover signal and a slow SMA of the RSI as a sell/short signal. Backtest period = 09/17/1916 - 11/02/2015 Dow = 98 --> 17,830 = +18,094% = 5.38% CAGR Algorithm = net...