TFEX_INDICATOR_SET13

This Indicator use the calculated RSI of the top 13 stocks that have the highest market capitalization in SET50 where suitable for TFEX trading( S501! ).

Conducted with 2 RSI period as follow:

• RSI Main (14)
  
• RSI Average (100)
  

How to use:

1) Use this Indicator by Crossover

• If the RSI Main Cross UP the RSI Average can assume as BUY SIGNAL
  
• If the RSI Main Cross DOWN the RSI Average can assume as SELL SIGNAL
  

2) Use this Indicator by Divergence of RSI Main

• If the RSI Main got any Regular Bullish or Hidden Bullish can assume as BUY SIGNAL
  
• If the RSI Main got any Regular Bearish or Hidden Bearish can assume as SELL SIGNAL
  

3) The combination of Divergence and Crossover

• If the RSI Main got any Regular Bullish or Hidden Bullish then pending for the RSI Main Cross UP the RSI Average which can assume as BUY SIGNAL
  
• If the RSI Main got any Regular Bearish or Hidden Bearish then pending for the RSI Main Cross DOWN the RSI Average which can assume as SELL SIGNAL
  

Preferred Timeframe

• 4H
  
• 2H
  
• 1H
  

Release Notes:

Update name of the RSI appearance setting

Release Notes:

Add Alert Conditions

Release Notes:

Change Calculation from SCB to EA as SCB delisted in SET

Release Notes:

Update Alert condition to have Overbought and Oversold
Edit last description: Change Calculation from SCB to CPN as SCB delisted in SET

Release Notes:

Update Chart

Release Notes:

Update NEW SET13 List

• AOT
  
• PTT
  
• DELTA
  
• PTTEP
  
• BCP
  
• CPALL
  
• KBANK
  
• DTAC
  
• BBL
  
• BDMS
  
• ESSO
  
• KTB
  
• GULF
  

Release Notes:

Update new stock list