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Fibo RSI

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This is a customized Relative Strength Index (RSI) indicator designed to replicate TradingView’s default RSI while adding additional reference levels for deeper market analysis.

🔹 Features:

RSI length set to 8 by default (user adjustable).

Calculates RSI using the standard ta.rsi() function.

Plots the RSI line in a clean, separate panel.

Adds 7 key levels for analysis: 0, 20, 30, 50, 70, 80, 100.

Levels are drawn as thin, solid straight lines for a cleaner look (instead of default dashed).

🔹 Use cases:

Identify momentum shifts with enhanced precision.

Use intermediate levels (20, 30, 50, 70, 80) as potential support/resistance zones.

Ideal for traders who want a Fibonacci-like structure in RSI analysis.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.