RSI Channel

Hello All. For a while this idea (showing RSI levels on the chart as a channel) was in my mind and finally today I developed the script. I hope it will be usefull for all.

Versionshinweise: Added Bull/Bear Zones (by request). This option is disabled by default, you need to enable in the options menu of the indicator.
Versionshinweise: "EMA Smoothing" added. default value is 1, and if you increase "EMA smoothing" then you get smoothed RSI lines on the chart. Thanks to @hiddenpablo for EMA smoothing idea.
Versionshinweise: from the updated smoothed version:
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Correct me if I am wrong but if the PA falls into the "bullzone" above then it is overbought? and if it falls below into the "bearzone" it is oversold?
Sorry for the confusion.
very nice script, thanks! any change we can get an atr channel script for your renko script?
+1 Antworten
great script! can you please add bear zone (fill 30 to 45) and bull zone (fill 65 to 80)?thank you!
+1 Antworten
@maxonline, Added. it's disabled by default. you need to enable it ("Show Bull/Bear Zones" in the indicator options)
maxonline LonesomeTheBlue
@LonesomeTheBlue, well done mate! Awesome much appreciated!
+1 Antworten
Bu kanallarda Uyumsuzluk tespiti mümkünmü?Açıklama yapabilirmisiniz?
+1 Antworten
@MohegaN, for divergence :)
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