RSI in Bollinger bands
I added Bolinger bands to the RSI indicator.
This shows you the area of reversal for the RSI. Generally, when the indicator falls out of the bands, you'll see a quick reversal. Indeed this is a better way to find the overbought and oversold areas.
This shows you the area of reversal for the RSI. Generally, when the indicator falls out of the bands, you'll see a quick reversal. Indeed this is a better way to find the overbought and oversold areas.
Versionshinweise:
I have updated this indicator and added some levels to it. These levels are adjustable and you can easily modify them. These levels help you to have a better understanding of the trend strength, buy and sell areas and finding new opportunities.