APXTradez - Intraday RSI (8)

🔹 APXTradez Intraday RSI (8)
Purpose:
A fast-reacting momentum and bias indicator built for intraday options and scalping setups. This version of RSI (8) identifies immediate shifts in strength, momentum slope, and trend bias—allowing traders to spot reversals, momentum builds, or choppy zones within seconds.

What It Shows
RSI (8) → ultra-responsive short-term strength indicator.


Bias Zones:
- Bull Bias (Green) – RSI rising above 55 with slope up → intraday long setups favored.
- Bear Bias (Red) – RSI falling below 45 with slope down → short setups favored.
- Chop (Gray) – Neutral area between 45–55 → reduced edge, wait for direction.
- Background Color: Highlights current bias (green/red/gray) for quick visual confirmation.
- Dynamic Label: Displays live bias text on chart (Bull, Bear, or Chop).

How to Use
Apply on 1m–15m charts for day trading or scalping options.

Trade in bias direction:

- Enter long when RSI crosses + slopes above 55 (bull bias).
- Enter short when RSI crosses + slopes below 45 (bear bias).
- Avoid chop zones (RSI between 45–55 or flat). Wait for a slope confirmation.


Combine with APX Intraday VWAP + EMA overlay, APX TTM Squeeze, and/or the APX MACD to align direction with trend and volume pressure.

Overbought/Oversold: Above 70 or below 30 still mark exhaustion zones — use for exits, not entries.

Best Use Case
Intraday confirmation of trend bias and momentum strength — helping you stay on the right side of fast-moving setups and avoid low-edge chop.