My indicator detects divergence above 70 and below 30 and that values can configurates through the settings of the indicator.
Easy to use.
So that there is no confusion is the indicator at the bottom, oblique red lines are to demonstrate more visual the indicator does not make oblique lines, is the indicator on the bottom.
You can try it on:
Hello and welcome, this is AngelouHD and this is my RSI oscillator based on RSI 14 (classic and most used by all traders).
I was studying RSI and found out that this awesome tool is very helpful, so I did more research and added some features which includes:
1 LONG signal which is that bold green pattern on the RSI...
Combines classic RSI and StochRSI in one script, with heatmaps for oversold and overbought zones. Use it with the black template :)
K and D values from Stoch are merged in one line, changing colors according to the bearish or bullish crossovers between them
Red to green -> Bullish crossover, consider an entry. Its signaled with a green cross
Green to red ->...
Combining the power of Arbitrage Exits formula and The Relative Strength Index we can show on the chart when is the best to exit long and short trades by placing a red X to exit long or a green X to exit short positions
As well as alert on it to further tie in with our automation provided through the Autoview plugin for chrome.
Never give back profits again!