Relative Strength Index w/ 3 Levels & 0 Line Colour (by WJ)

NOTE:
// RSI CODE TAKEN FROM DEFAULT INDICATOR
// I HAVE ONLY MADE SOME ADJUSTMENTS FOR VISUAL AID
// I MADE THIS FOR MY OWN USE BUT HAVE DECIDED TO PUBLISH AND SHARE IN CASE ANYBODY WANTS TO USE IT

This is the normal default built-in RSI indicator which I have added some stuff for visual aid:

Added middle line (50)
RSI turns green when crossed above 50
RSI turns red when crossed below 50

RSI background turns green and red on crossover candle based on whether RSI just crossed over or below 50 respectively
Alert notification on the crossover candle

Catatan Rilis

Shifted comments in code

Catatan Rilis

Fixed 0 Line to 50 Line text

Catatan Rilis

Added SMA in RSI

Catatan Rilis

Changed default settings for SMA on RSI from 227 to 88 as it works better personally

Catatan Rilis

- Changed some default colours and added a 90/10 OB/OS alert

Catatan Rilis

- Issue of Upper and Lower Bands changed limits not affecting RSI colour change should be fixed
- Alerts for mid line crossover and OB/OS levels should be dynamic now

Catatan Rilis

- Changed RSI back to 14 as default value
- Added 2 more bands because I need them :d

Catatan Rilis

- Removed extra bands
- Added MA choices and ability to turn it off

Catatan Rilis

Updated some stuff

Skrip open-source

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

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Pernyataan Penyangkalan

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Skrip open-source

Tutorial05