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
The Multi-Timeframe Candle Indicator displays candles from multiple timeframes in one window, enhancing market analysis!
Indicator
Prop
Forex
+11
🧭 See when your market tends to move—by Month, Day-of-Week, or Hour-of-Day🧭
Indicator
Key Levels
Order Block
+5
Pixel-perfect trading zones in a click! Instantly draw, resize & color via hotkeys. Automate your charting routine
Indicator
BOS
MSS
+5
Your entire ICT session map, structure engine, and key levels — No manual work. One indicator. Every session!
Indicator
BB Breakout Oscillator with alerts! Spot trend reversals using Bollinger Bands. Bullish/Bearish crossovers Alerts.
Indicator
BOS
Key Levels
+1
Guided by Yahuah Yahusha. 15M: BOS above red (buys)/below green (sells). 4HC reject+BOS. 5M: RBS/SBR. SL wick. TP 1:4.
Indicator
Prop
Forex
+11
🌊 See when the market is truly in play. Tsunami measures Relative Volume by time-of-day 🌊
Indicator
MACD
Key Levels
+2
Trend indicator with multi-timeframe filters, generating signals only on fully completed bricks & candles. No Repaint.
Indicator
AI
Grid
+10
Crossover Buy and Sell Alerts and signals
Indicator
Volume
Custom range volume profile between two draggable anchors. Auto source timeframe, Total/Up-Down/Delta, POC, Value Area.
Indicator
Indices
this indicator shows previous day high low and closed with precise manner.
Indicator
RSI
MACD
This indicator is a combination of MACD and RSI into one. This is perfect fusion and powerful indicator ever.
Indicator
Forex
Crypto
+3
MARainbow gives you the edge with four customizable moving averages—each color-coded for instant recognition.
Indicator
Signal
Supertrend
Multi-symbol multi-timeframe SuperTrend panel with watchlist, one-click jump, and alerts.
Indicator
BOS
Fibonacci
+4
Automatically draws major trading sessions, killzones, and SMC daily liquidity targets directly on your cTrader charts.
Indicator
Volume
Key Levels
+2
Support and resistance from a rolling volume profile, ranked by strength or recency, updated live.
Indicator
RSI
Prop
+14
Unlock Stochastic RSI PRO in cTrader! Overlay RSI, highlight zones, and identify divergences with customizable settings.
Indicator
Forex
BTCUSD
+8
The traditional Hull Moving Average with different colours based on the slope (direction) of the trend.

Price

Since 11/09/2024
4
Sales
58
Free installs