OPEN-SOURCE SCRIPT

RSI OBLIVION

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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
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

snapshot
Bollinger Bands (BB)DivergenceMoving AveragesOscillatorsRelative Strength Index (RSI)Volatility

Script open-source

Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

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