SuperEmaColorRSI
Indicatore
Version 1.0, Feb 2025
Windows, Mac
Immagine caricata di "SuperEmaColorRSI"
Da 30/09/2024
44
Vendite

This is a super indicator that integrates the RSI indicator with a dual moving average system. RSI intensity is represented by four colors: red (>70) > orange (>50) > yellow (>30) > green. The dual moving averages use EMA with default parameters set at 48/144, which can be customized according to your needs.

How to use:

When used in conjunction with multiple time frames (e.g., 4H→15M; 1H→5M, illustrated here using 4H→15M as an example):

  1. Trend identification via dual EMAs (4H timeframe):
    • Upward trend: 48EMA above 144EMA.
    • Downward trend: 48EMA below 144EMA.
    • Range-bound consolidation: The two EMAs are entangled.
  2. Entry/exit points on 15M timeframe:
    • Buy setup (uptrend):
      • Price retraces to the 48EMA on the 4H chart.
      • Switch to 15M: Enter when price breaks above the 15M consolidation range.
      • Stop loss: Set at the recent swing high +10 pips .
    • Sell setup (downtrend):
      • Price retraces to the 48EMA on the 4H chart.
      • Switch to 15M: Enter when price breaks below the 15M consolidation range.
      • Stop loss: Set at the recent swing low –10 pips .
  3. Price divergence signals:
    • Bearish divergence (top):
      • Price makes a new high (on pullback), but the RSI color shifts from red (RSI >70) to orange (RSI >50) .
    • Bullish divergence (bottom):
      • Price makes a new low (on pullback), but the RSI color shifts from green (RSI ≤30) to yellow (RSI ≤50) .

Risk Warning:
No indicator suits all market conditions. Test this strategy thoroughly in a demo environment before applying it to live trading. Improper use may lead to significant losses.

0.0
Recensioni: 0
Recensioni dei clienti
Questo prodotto non ha ancora ricevuto recensioni. L'hai già provato? Fallo sapere agli altri per primo!
RSI
Indices
Prop
Commodities
Stocks
Forex
Crypto

Potrebbe interessarti anche

Indicatore
Indices
Stocks
Commodities
+2
Price-Time Filtering
Trend filter based on Alfred François Tagher's price-time methodology. Identifies trends when close breaks prior period'
Indicatore
Prop
ATR
ADT_bigCandles
Outside Candle Detector: Highlights major candles/zones with ATR filter & pattern labels. By Avydel Talbo, prop trader.
Indicatore
Bollinger
Repiptor BB Width
Bollinger Bands Width
HTFBB
Plot higher-timeframe Bollinger Bands for clearer structure, pullback zones, and breakout signals—without switching char
Indicatore
NAS100
XAUUSD
Stocks
+4
Orderblock Detector
This indicator displays the OrderBlocks of the current and higher timeframe, made by ICT's student.
Indicatore
NAS100
NZDUSD
XAUUSD
+10
Q Trading Sessions
A visual indicator designed to help traders identify and track market activity across different trading sessions.
SmartBot-Tenkan & ATR Indicator
The Tenkan-ATR Indicator is a powerful and innovative indicator for Traders. SALE OFF!!!
Indicatore
Breakout
XAUUSD
ATR
+6
Volatility Regime ALMA
Spot breakouts & filter fakeouts with dynamic volatility bands + ALMA trend validation. 100% Free. Upgrade to automate!
Market Sessions
Market Sessions is very important for traders.
Indicatore
NAS100
NZDUSD
XAUUSD
+10
UT Bot
Trend-following indicator with dynamic ATR-based trailing stop for precise entry/exit signals
Indicatore
NAS100
NZDUSD
XAUUSD
+10
VMM PriceRange Analyzer
Multi-timeframe ATR, smart swap calculator, range analysis all in one professional panel.
Indicatore
Indices
RSI
XAUUSD
+7
RSI Divergence
Detects bullish and bearish divergences
Da 30/09/2024
44
Vendite