The color of the RSI inner bands will change from Purple to Green if RSI >70 and they will change to yellow if RSI >75. Nothing else has been changed from the standard RSI. Please understand I'm testing how publishing indicators works in Trading View. I have only done a minor adjustment to the RSI indicator, but I plan to do much more once I fully understand the publishing process. Thank you. Hope you enjoy. :)
Versionshinweise
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Viperz RSI v1.26
As noted previously, I have not changed the RSI formula in any way. You can see it's the same as the built in RSI. The difference is the default coloring and also I have made the color bands change color according to the intervals RSI value. White is the default if it's within the normal RSI range of 30-70 (which is purple on built in RSI). I think my coloring works extremely well with a black background. The coloring is as follows:
0-20 Yellow 20-25 Light Green 25-30 Green 30-70 WHITE 70-75 Red 75-80 Purple 80-100 Pink
The reason I like this is that it makes overbought and oversold values "pop out" to me at a quick glance. Although this only has visual changes, it is very convenient for me, because I spend less time checking RSI when making use of my quick, easy recognizable color coding.
Changelog from v1.2 to 1.26 * Removed Yellow and Green from overbought. Moved them to oversold instead (Green means buy), and also added Light Green. Added colors Red, Purple and Pink for oversold. * Made default background White, instead of purple. * Made default RSI plot line and value (right of title) a nice light blue color that is easily readable.
I'm keeping this script locked, but I will grant access to this for only 0.0005 BTC. Private message me to inquire.
Plans for next release is to use a color gradient. This will add more coloring at different values and go from light to dark/ dark to light in a better way.
Hi! This is great indicator for me. Can i have access please? Thank you in advance (^/\^)
wixx2014
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### Can I get an access please? ????
ViperVenom
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@wixx2014, Sorry about the long reply. I found an email about this question in my spam folder and didn't notice it. I haven't been as active lately, but planning to be more active again. If you still want access to this, please let me know. I really like this indicator because it made it very easy for me to see RSI levels at a glance with the color coding.
wixx2014
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@ViperVenom, yes!! i want your indicator, access please respect!
ViperVenom
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@wixx2014, I granted you access. Sorry for the delay, I missed the message again, but I granted access for free. Let me know how you like it!