present
Sign up and get $50 off your first purchase
Trading product for RSI T3 overbought and oversold area Indicator Fibonacci ZigZag, image 1
RSI T3 overbought and oversold area
Indicator
Version 1.0, Sep 2024
Windows, Mac
4.5
Reviews: 2
Trading product for RSI T3 overbought and oversold area Indicator Fibonacci ZigZag, image 2
Since 11/09/2024
4
Sales
58
Free installs

Description

Three-Parameter RSI with Overbought/Oversold Zones
(Parameters and overbought/oversold zones can be adjusted independently; each cycle line can be turned on or off separately), facilitating the observation of multi-cycle resonance:

• Trend Consistency:
The short-, medium-, and long-cycle RSI move in the same direction. If the short-cycle RSI stays above the medium- and long-cycle RSI, it indicates a bullish trend; otherwise, it indicates a bearish trend.

• Divergence and Reversal:
When the price hits a new high/low but the short-cycle RSI fails to follow suit, and the medium- and long-cycle RSI weakens/recovers, it signals a potential pullback/rally.

• Overbought/Oversold Confirmation:
When a single-cycle RSI enters the overbought or oversold zone, judgment should be combined with other cycles; if multiple cycles enter the overbought or oversold zone simultaneously, the signal is more reliable.

• Cycle Resonance:
When multiple-cycle RSI send the same signal (e.g., all breaking through the 50 midline), the probability of the trend continuing or reversing is higher, which can assist in decision-making.


带超买超卖区域的三参数 RSI

(可自主调整参数与超买超卖区域,支持单独开关各周期线),便于观察多周期共振:


•趋势一致性:

短、中、长周期 RSI 同向运行,短周期在中长周期上方为多头趋势;反之则为空头趋势。

•背离与反转:

价格创新高 / 低但短周期 RSI 未同步,且中长周期 RSI 走弱 / 回升,提示可能回调 / 反弹。

•超买超卖确认:

单周期超买超卖时,需结合其他周期判断;多周期同时超买超卖,信号更可靠。

•周期共振:

多周期 RSI 同发信号(如均突破 50 中轴线),趋势延续或反转的概率更高,可辅助决策。

Summary

AI summary
The RSI T3 Overbought and Oversold Area indicator is a customizable technical analysis tool featuring a three-parameter Relative Strength Index (RSI) with adjustable overbought and oversold zones. Users can independently set parameters and enable or disable each RSI cycle line (short, medium, long), facilitating multi-cycle resonance observation. Key functionalities include:

- Trend Consistency: Identifies bullish or bearish trends based on the relative positions of short-, medium-, and long-cycle RSIs.
- Divergence and Reversal Signals: Detects potential pullbacks or rallies when price movements diverge from short-cycle RSI behavior while medium- and long-cycle RSIs weaken or recover.
- Overbought/Oversold Confirmation: Enhances signal reliability by combining overbought or oversold conditions across multiple RSI cycles.
- Cycle Resonance: Highlights stronger trend continuation or reversal probabilities when multiple RSI cycles simultaneously signal, such as crossing the 50 midline.

This indicator supports detailed momentum analysis by integrating multi-timeframe RSI data, aiding traders in decision-making through comprehensive trend and reversal insights.
Indicator profile

Customer reviews

4.5
Reviews: 2
5
50 %
4
50 %
3
0 %
2
0 %
1
0 %
Customer reviews
October 2, 2024
The first 10 trades should stay boring, and the click feels less automatic.
September 26, 2024

Discussion

FAQ

Fibonacci
ZigZag
Supertrend
Fair Value Gap
RSI
ATR
MACD
Bollinger
VWAP
Products available through cTrader Store, including trading bots, indicators and plugins, are provided by third-party developers and made available for informational and technical access purposes only. cTrader Store is not a broker and does not provide investment advice, personal recommendations or any guarantee of future performance.

More from this author

Indicator
Three ZigZag lines
Indicator
This indicator can be used to: change color, shape size, position, change font, increase or decrease, and other function
Indicator
ATR
RSI
+14
A metric that can set 1 to 3 groups of Bollinger Bands
Indicator
This indicator can be used to: change color, shape size, position, change font, increase or decrease, and other function

You may also like

Indicator
Zero Lag MACD delivers ultra-responsive trend and divergence signals with minimal lag, empowering timely Forex entries.
Indicator
EMA
Channel
+5
⚡ Institutional Nasdaq (NQ/US100) Trend Engine: Adaptive M1–D1 EMA alignment, chop slope filters, zero-clutter symbols &
Indicator
Prop
Forex
+4
HMA MTF 2.0 (Multi-Timeframe )
Indicator
Fibonacci
Key Levels
+5
Institutional Nasdaq-100 Auto-Fib Playbook for cTrader. Dynamic ICT 70.5% OTE Engine, NY Session Tracker, Real-Time Poin
"ATR Bands" logo
Popular
4.7
(4)
$19
Indicator
ATR
Prop
+13
Enhance trading with ATR Bands! Visualize market volatility using dynamic upper and lower ATR bands for precise decision
Indicator
Volume
Key Levels
+4
Margin Zones its CME-based support/resistance levels from price extremes, helps traders spot entries and exits NKZ zones
Indicator
Prop
Forex
+4
Displays real-time balance, equity, P&L, margin metrics directly on your charts.
Indicator
VWAP
NAS100
+5
Key NY session opens for NASDAQ (US100) & SP500 to find Tick Precise Entrys for High R:R intraday setups.
Indicator
BOS
CHOCH
+5
A professional-grade cTrader indicator for traders following the Inner Circle Trader (ICT) methodology. It replaces 6–8
Indicator
EMA
VWAP
+2
ORB Range Indicator maps the opening range and gives a practical session-breakout workflow with clear labels.
Indicator
Signal
Supertrend
Supertrend Scanner – Track trends across assets & timeframes in real-time with alerts. Stay ahead, and trade smarter!
Indicator
Prop
Forex
+14
Automatically plots Fibonacci retracement levels using the highest and lowest points of a customizable time range
Indicator
ATR
MACD
+15
BrickAlgo TrendPulse is an advanced technical analysis tool that combines multiple indicators with filterin mechanisms.
Indicator
Pin Bar
Inducement
+5
Institutional Nasdaq Session Liquidity Map with Live Point HUD, Sweep Alerts & Interactive Playbook.
Indicator
AI
ATR
+27
Trade the Trend Flip. Control the Risk. 🎯📈”
Indicator
Forex
BTCUSD
+8
The traditional Hull Moving Average with different colours based on the slope (direction) of the trend.
Indicator
ATR
Upgrade to ATR-RMA! Experience the precise ATR using Relative Moving Average for accurate volatility analysis in cTrader
Indicator
BOS
MSS
+3
Orderblocks with Multi-Timeframe.

Price

Since 11/09/2024
4
Sales
58
Free installs