OPEN-SOURCE SCRIPT

Momentum RSI

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This RSI is used to determine price Momentum and Overbought or Oversold Market conditions. When the RSI is between 50% and 70% price is considered to have upward momentum. When The RSI is between 50% and 30% price is considered to have downward momentum. When the RSI is between 40% and 60% price is considered to have no directional momentum and is considered to be in consolidation. When the RSI is above 70% price is to be considered Overbought. When the RSI is bellow 30% price is to be considered Oversold
Notes de version
Renamed Hlines and changed standard color
Notes de version
Style update
Notes de version
RSI Line color update to show momentum

Added Green shade when RSI is Overbought and Red shade when RSI is Oversold
DM IndicatorOscillatorsRelative Strength Index (RSI)

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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