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RSI Support and Resistance Finder [JV] V1

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Hi Traders.

In my never ending obsession with Support and Resistance , I built an indicator to show the last Support and Resistance Lines based on RSI .

The indicator draws a new Support Line when RSI comes out of oversold and a new Resistance Line when RSI comes out of overbought.
It also shows a panel with the current Support and Resistance Levels.

It's a pretty decent indicator to detect Entry / Exit / Take Profit levels.
This indicator is not to be used as a stand-alone indicator. Add your favourite indicator to get confirmations.

RSI length and overbought / oversold levels can be adjusted in Settings.

Any suggestions or remarks are more than welcome!

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.