Parabolic RSI
Category: Indicator Version: 1.00
The Parabolic RSI indicator applies the Parabolic SAR directly to the Relative Strength Index (RSI). This combination helps traders identify trend shifts and potential reversal points within the RSI framework. The indicator provides both regular and strong signals based on whether the Parabolic SAR crosses above or below key RSI thresholds.
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The Parabolic RSI indicator applies the Parabolic SAR directly to the Relative Strength Index (RSI). This combination helps traders identify trend shifts and potential reversal points within the RSI framework. The indicator provides both regular and strong signals based on whether the Parabolic SAR crosses above or below key RSI thresholds.
⯁ KEY FEATURES
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⯁ HOW TO USE
⯁ CONCLUSION
The Parabolic RSI indicator merges trend-following and momentum-based analysis by applying the Parabolic SAR to RSI. This allows traders to detect trend shifts inside the RSI space with an intuitive diamond-based signal system. Whether used alone or as part of a broader trading strategy, this indicator provides a clear and structured approach to identifying momentum reversals and potential trading opportunities.
Category: Version: 1.00
The Zero-Lag MA Trend Levels indicator combines a Zero-Lag Moving Average (ZLMA) with a standard Exponential Moving Average (EMA) to provide a dynamic view of the market trend. This indicator automatically plots the EMA and ZLMA lines on the chart. The colors of the lines represent the market trend.
Category: Version: 1.01
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Category: Version: 1.03
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Category: Version: 1.02
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Category: Version: 1.02
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Category: Version: 1.01
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Category: Version: 1.02
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Category: Version: 1.00
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Category: Version: 1.03
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Category: Version: 1.00
This script is an enhanced version of the classic Supertrend indicator. It incorporates an additional feature that ensures trend reversals are more reliable by introducing a Fakeout Index Limit and a Fakeout ATR Mult. This helps avoid false trend changes that could occur due to short-term price fluctuations or market noise. In smart money concept, when institute , "big-fish" want to buy, they usually sell first to take sellside liquidity and vice versal. This is why the indicator become importance. You can think about when fake break out happen, it time, big-fisrt manipulate, so this is oppotunity for your buy / sell entry.