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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.
Скрипт с открытым кодом
В истинном духе TradingView автор этого скрипта опубликовал его с открытым исходным кодом, чтобы трейдеры могли понять, как он работает, и проверить на практике. Вы можете воспользоваться им бесплатно, но повторное использование этого кода в публикации регулируется Правилами поведения. Вы можете добавить этот скрипт в избранное и использовать его на графике.
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