TradingView
umur.ozkul
14 Okt 2019 pukul 00.13

RSI Scaling (UO) 

Binance Coin / BitcoinBinance

Huraian

Plot price scaled by the RSI. Also, plot high and low of the scaled price so that the trend is visible as well as sell-high/buy-low points...

Before the prices change direction, RSI generally makes a double top/bottom... Or a lower high/higher low.

This is more emphasized on the scaled price. You can see the high/low band change direction

Nota Keluaran

The band is color filled to show the trend clearly...
Note that while the price can make a higher high, the scaled price can make a lower high. This is a clear sign of reversal. Same for the other direction

Nota Keluaran

Added an outer color band to emphasize the highest highs and the lowest lows
Komen
umur.ozkul
This is an experimental idea. However, it seems that using normal RSI with color bands indicates the same information: tradingview.com/script/DV9rFDti-Colored-RSI-UO/
Lebih