ZenAndTheArtOfTrading

RSI+ Overbought/Sold Indicator

This is a very simple script that plots signals on the chart whenever the RSI crosses the given threshold. Nothing fancy , but it is useful for deciding when to exit trades or prepare for pullbacks or for confirming that the market is currently in the middle of an extremely impulsive move or trend. It has alert functionality and you can set the overbought/sold thresholds and RSI length in the options menu.

Note: I definitely wouldn't recommend using it to enter trades unless you're an experienced counter-trend trader :)

Regards -
Matt.
Notes de version: Removed text labels to make indicator more subtle. Very useful as a background confirmation tool against support & resistance for counter-trend opportunities or for gauging momentum during over-extended pullbacks for trend-continuation opportunities.
Notes de version: -
Notes de version: Minor improvements

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Script open-source

Dans le véritable esprit de 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 le règlement. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Vous voulez utiliser ce script sur un graphique ?