RSI OBLIVION

This is a powerful tool if combined with other parameters. It's an advanced version of an RSI .
It shows OB and OS conditions and price direction or shift of the trend.
This indicator can be used in various ways with all markets.

The current settings are designed to work with futures market.

Combined with our TSI and Price action, RSI OBLIVION is the most reliable KPI out there.
Reached out to us for assistance.

Notes de version

HOW TO USE:

Method 1:

1. Wait until the RSI crosses up the middle line (white)
2. RSI turns Green for Buys and Red for Sells. If it's Yellow, it could be a fakeout or a pullback, so do not trade it.
3. Support the signals with basic analysis and our TSI Histogram

Method 2 :

1. Watch for the RSI to go outside of the external bands (bollinger bands)
2. Wait for the RSI to go back and crosses back the bands (RSI comes back inside of bollinger bands range)
3. If it comes back from the upside, it's a Sell signal. If it comes back from the downside, it's a Buy signal.
4. Price should be above 200 SMA for buys, and bellow it for sells
5. Always combine with basic analysis

Script open-source

Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.

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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.

Script open-source

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