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Blue Empire - RSI with Overbought/sold indicator.

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This is a Relative Strenght Index Indicator where you get a Colorful Mark when it's over bought / sold with it's respective color.


If it goes over 70, it's overbought turning red indicating a possible Sell.

If it goes under 30, it's oversold turning green indicating a possible Buy.

It's another confirmation for trending lines to change direction.

In the picture, we have BTC in a 1D chart. You can see the correlation is strong (Not 100% though)


syot kilat



Blue Empire is a Trading Academy teaching people how to do Wave Analysis and one important indicator is the RSI.

If you want to know more about learning, PM me for more information.






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This is just an indicator, it doesn't predict the price. Use it at your own risk.

Penafian

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