TradingView
scarf
23 אוג׳ 2022 06:08

RSI OS/OS Levels MTF 

SOL / TetherUS PERPETUAL CONTRACTBinance

תיאור

This plots the overbought and oversold (70 and 30) levels from RSI on price, there are often levels where a market will bounce or retrace/reverse.

By default it shows 15 min, 60 min and 4 hour levels but I intend to make these configurable along with some other stuff. For now it works how I use it, nice and simple

הערות שחרור

Added second colour, fixed labels

הערות שחרור

Added a feature that expands the lines to be dotted and the width of the chart when price gets close, to highlight potential bounce areas.
Updated some input descriptions

הערות שחרור

Updated chart screenshot to show all six levels

הערות שחרור

Added timeframe selection
Added midpoints (in purple) (as suggested in comments)
Change colours to red/green
Added option to show historical OS/OB/Mid levels (as suggested in comments)

הערות שחרור

Added an option to show/hide each timeframe
תגובות
gilouch
I dont understand how OS levels (price) are higher than OB's. If price rallies isn't it getting potentially overbought?
scarf
@gilouch, fixed
ukmpits
@scarf Is there any future update Sir? Thanks mate
FXBombSquadron
Cool indicator. But it's price isn't consistent. From time frame to time frame OS/OB change is price significantly.
Grigorjan
Great thing!
But what about to make these levels as a lines and trace them in a history?;)
scarf
@Grigorjan, Good suggestion. Feature added
Grigorjan
@scarf, Thank Uuuuu!!!)
allanster
Nice and clean, thanks for sharing!
largevodka
Thank you! Any chance you can add a 50% level as well please? Thanks.
עוד