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TRI - RSI Overlay Viewer

101
DESCRIPTION:
Advanced RSI and Stochastic RSI indicator with visual signals on price chart.
Combines RSI momentum analysis with Stochastic RSI oversold/overbought detection.

FEATURES:
  • RSI with customizable smoothing (EMA)
  • Stochastic RSI with K and D lines
  • Background coloring for oversold/overbought zones
  • Visual shape signals for key crossover events
  • Alert system for all signal types


SIGNALS:
  • Small Circle (Green): StochRSI crosses above oversold threshold
  • Small Circle (Red): StochRSI crosses below overbought threshold
  • Triangle Up (Green): RSI crosses above oversold threshold (stronger signal)
  • Triangle Down (Red): RSI crosses below overbought threshold (stronger signal)


STRATEGY USAGE:
  • Triangle signals = Primary entry/exit signals (RSI confirmation)
  • Circle signals = Early warning signals (StochRSI only)
  • Use higher timeframes for trend confirmation
  • Combine with price action and support/resistance levels

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