RSI with Smoothing and over-areas colored — Indikator oleh hiddenpablo

oscillator relativestrengthindex movingaverage signals

I have noticed that lower length-values for RSI give much better signals for day and swing trading than default 14 bars back period. Also smoothing the RSI line by using moving average method reduces some of the noise/fake turn-backs.
Here you can change:
- bars back of RSI (default 4)
- smoothing the line (default 3)
- bars colorization of RSI's uptrend and downtrend (default ON)

I encourage you to play around with parameters to fit your favourite intervals best way.

If you would like to have BUY and SELL signals same as on the chart above, here you have my complementary script for that:

RSI with Smoothing and over-areas colored ARROWS BUY SELL

Catatan Rilis:

Now you can manually set the values for over bought/sold areas (default is 70 and 30).

Catatan Rilis:

- 50% line added on osscilator
- default candles colorization is now off
There is new BUY/SELL Arrows script avaliable, much better than previous one. Here you have the link:

RSI with Smoothing, MA Filter and Alerts - BUY/SELL Arrows

We are group of mostly Polish traders but welcome everyone to join our Discord crypto&fx group: ChartInsiders.com
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Skrip terproteksi

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Pernyataan Penyangkalan

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