RSI + BB (EMA) + Dispersion

RSI + BB (EMA) + Dispersion

Just another RSI with 2 bollinger bands. Coded following a request in the indicator forum section.

Initial data:

1) RSI
2) Bollinger Bands (Basis – EMA )
3) Dispersion (around basis)

Signal for purchase: RSI crosses the dispersion zone upwards
Signal for sale: RSI crosses the dispersion zone downwards
Buffer zone: white area, it is not recommended to make transactions.

— Add (02.10.2018)

1) RSI lines (overbought / oversold) = 70 / 30. Сan be changed in the settings.
2) Alerts:
• RSI line crossover Dispersion Zone (green)
• RSI line crossunder Dispersion Zone (red)

 

 

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

PRC is also on YouTube, subscribe to our channel for exclusive content and tutorials

  1. Khaled • 09/05/2022 #

    Thank you Nicolas! Looks like TDI (Trader Dynamic Index). Interesting to give Exit Signal as well. Is “colorbetween” a new instruction on PRT?

    • Nicolas • 09/05/2022 #

      ColorBetween is an instruction added last year: https://www.prorealcode.com/documentation/colorbetween/

avatar
Register or

Likes

avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar
Related users ' posts
Matriciel Very nice job ! Is it possible to do the opposite because what interests me is to have the ...
IASD Thank you very much for sharing the indicators it's amazing work, The MACD is not showing ...
jacquesgermain Hello IASD it's normal , when this occurs, uncheck RSI and MFI line and click then the MAC...
superfalcio Hello, very interesting. Do you have already some tested condiction including timeframe and ...
superfalcio Just created the system with in-sample data. To support its robustness e can take into consi...
KumoNoJuzza Hi Guys. This looks very interesting but don't overnight fees kill the profit when trading o...
ThaNoizy Yes, you cannot use CFDs on IG for Weekly strats you need to use their Index Futures, they h...
RICOU Bonjour, quelle est la meilleure UT pour travailler avec cet indicateur?
FXtonio @RICOU en 1 minutes avec un filtre de tendance ZLSMA 200 et eventuellement un rsi 7 , 69% de...
JC_Bywan For people interested in the screener: https://www.prorealcode.com/topic/screener-buy-sell-m...
Nicolas
6 months ago
3 RSI
3 RSI
2
Indicators
Violet Nicolas, you calculate iRSI, but don't use it. You show RSI in the returned values, which, a...
Nicolas Yes, that's an error. RSI instruction is set by default to 14 if you don't indicate it that'...
DELBERT Bonjour , Nicolas , je voudrais installer cet indicateur sur ma PRT , version 10.3 , mais je...
Nicolas En effet, il faut à minima une version 11. La 10.3 est tellement ancienne maintenant.. Je pe...
DELBERT Bonjour , Nicolas , merci pour ta réponse , je fais un essai et je verrais . Salutations .
bab el franco hello once installed I have no results despite different options of markets or temporality
AntoGH Bonjour peut-on backtester cela ? Et si vous l'avez fait pourriez vous nous donner le code.....
Nicolas désolé c'est un oubli de ma part, tu peux supprimer cette ligne, elle n'est plus utile dans ...
DELBERT Bonjour , Nicolas , merci pour ta réponse , je suis en effet avec PRT 10.3 , et j'ai bidouil...
supertiti https://zupimages.net/viewer.php?id=20/50/2e3v.jpg
volanirina Bonjour Je souhaite l'avoir sur l'indicateur MT4 si possible s'il vous plait. car je l'ai fa...
Nicolas ProRealCode est un site dédié à l'utilisation de la plateforme de trading ProRealTime: https...
Nicolas Merci d'ouvrir un sujet dans le forum des screeners en respectant les règles de publication ...
Pensera Bravo Nicolas ! Tu es en quelque sorte l’inventeur de Metascore…(oups je viens de lire jusqu...
Nicolas Dans un but d'investissement pure, et non spéculatif.
Nicolas Please open a topic in ProScreener forum with your query, I'll reply you there. Thank you.
manafull Thanks Nicolas, I post my question, along with the codes I am trying to convert from your in...
Nicolas I replied to your post here: https://www.prorealcode.com/topic/screener-for-rsi-and-linear-r...
Madrosat I Have not see a fully functioning automated strategy on your site?? Really have you???
juanj Hi Madrosat, why would it be on my site? I have developed it for my personal use and also to...
Madrosat ok I understood you are using prorealcode to hack the fish
imonix Have been trying this on demo since Monday before deciding whether to go live with it. Using...
Roberto Blázquez I'm sorry, I've tried it since November 2012 and it's bad results.
woktrade Superbe !
Vonasi An updated version with a bug fix can be found here: https://www.prorealcode.com/topic/dis...
snucke hey Vonasi is it possible you can help me get this indicator to show how much a market mo...
Nicolas Ask on an Excel website?!
JJMR HOLA NICOLAS, TENGO LA ULTIMA VERSION ACTUALIZADA DEL INDICADOR TTM SQUEEZE PRO EN LA VERSIO...
imokdesign @nicolas ,if in want to "call" this indicator, which values i have to write down?

Top