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AlphaNation
26. Febr. 2021 21:18

Momentum RSI 

U.S. Dollar/Japanese YenFXCM

Beschreibung

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

Versionshinweise

Renamed Hlines and changed standard color

Versionshinweise

Style update

Versionshinweise

RSI Line color update to show momentum

Added Green shade when RSI is Overbought and Red shade when RSI is Oversold
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