-
RSI Scalper
RSI Scalper Key Components Fast & Slow RSI Fast RSI (default length of 4) is sensitive to quick market shifts. Slow RSI (default length of 9) smooths out noise. Together, they help identify immediate momentum changes while still referencing a more stable view of the trend. Overbought/Oversold Levels Overbought: Default 68 Oversold: Default 42 These thresholds trigger “firstLong” or “firstShort” conditions, allowing the indicator to anticipate potential reversals. LSMA (Least Squares Moving Average) An internal custom indicator calculates the slope of the LSMA line (default 40-period, offset 10. I use 138/55). Uptrend is detected if the LSMA slope is positive. Downtrend is detected if the LSMA slope is negative.…
-
RSIProZone
RSIProZone custom NinjaTrader 8 indicator enhances the standard RSI (Relative Strength Index) with optional ADX filtering—so you can quickly see when markets are trending and avoid sideways price action. With just a glance, you’ll spot buy/sell arrows when RSI crosses your chosen oversold/overbought thresholds. Plus, a subtle background color shift highlights extreme areas, so you know when to watch for potential reversals. How It Works RSIProZone Indicator RSI: A classic oscillator, defaulting to a 14-period calculation, with bullish (>50) or bearish (<50) color-coding. Signals: If RSI crosses above an oversold threshold (e.g., 25), you get a buy arrow; below an overbought threshold (e.g., 75), a sell arrow appears. Dots at…
