OPEN-SOURCE SCRIPT
Advanced RSI Support & Resistance + Oscillator Zones
An advanced technical analysis tool that combines RSI (Relative Strength Index) with dynamic support and resistance zones to identify potential trading opportunities. This indicator offers dual visualization: traditional price-based plotting and an innovative RSI oscillator overlay display.
Key Features:
- Dynamic Support & Resistance Zones based on RSI crossovers
- Bull/Bear zone visualization with customizable thresholds
- Overbought/Oversold markers with adjustable levels
- RSI oscillator overlay with up to 5000 bars lookback period
- Flexible source input: Price (close) or OBV (On Balance Volume)
- Color-coded zones for clear market sentiment identification
- Visual alerts for zone crossovers
- Customizable overlay placement (Top/Bottom)
Settings include:
- RSI Length and Source selection
- Overbought/Oversold thresholds
- Bull/Bear zone levels
- Overlay display options
- Lookback period (10-5000 bars)
- Visual preferences for zones and markers
Perfect for:
- Identifying potential reversal points
- Analyzing trend strength
- Spotting divergences
- Managing entry/exit points
- Multiple timeframe analysis
The indicator combines traditional RSI analysis with modern visualization techniques to provide traders with a comprehensive view of market conditions.
Note: For optimal performance, default lookback is set to 500 bars but can be extended up to 5000 bars based on your analysis needs.
Key Features:
- Dynamic Support & Resistance Zones based on RSI crossovers
- Bull/Bear zone visualization with customizable thresholds
- Overbought/Oversold markers with adjustable levels
- RSI oscillator overlay with up to 5000 bars lookback period
- Flexible source input: Price (close) or OBV (On Balance Volume)
- Color-coded zones for clear market sentiment identification
- Visual alerts for zone crossovers
- Customizable overlay placement (Top/Bottom)
Settings include:
- RSI Length and Source selection
- Overbought/Oversold thresholds
- Bull/Bear zone levels
- Overlay display options
- Lookback period (10-5000 bars)
- Visual preferences for zones and markers
Perfect for:
- Identifying potential reversal points
- Analyzing trend strength
- Spotting divergences
- Managing entry/exit points
- Multiple timeframe analysis
The indicator combines traditional RSI analysis with modern visualization techniques to provide traders with a comprehensive view of market conditions.
Note: For optimal performance, default lookback is set to 500 bars but can be extended up to 5000 bars based on your analysis needs.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.