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The RSI Indicator (RSI) represents a qualitative leap in the evolution of classic oscillators. While the traditional RSI has already been established for decades as one of the most reliable tools...
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The Panel with 7 chart timeframes, along with the RSI integrated into the chart, can both be toggled on or off.
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How to Use the Colored Panel in Practice (Strategies)
Multi-Timeframe Analysis: Compare timeframes for alignment. Example: If all timeframes show "SUPPORT ✅" and "BULLISH," it’s a strong bullish signal. Misalignments (e.g., 15m bearish, 1d bullish) indicate consolidation or possible reversal.

Entry/Exit Signals:

Buy: RSI oversold (green) + support (✅) + upward arrow ↑ + green ⚡.

Sell: RSI overbought (red) + resistance (❌) + downward arrow ↓ + red ⚡.

Noise Filter: Use higher timeframes (e.g., 4h, 1d) for the overall trend, and lower ones (15m, 45m) for precise timing.

Support/Resistance: Status of the “Yellow” line relative to RSI.

"SUPPORT ✅" (green): RSI > Yellow → Potential support, good for buys.

"RESISTANCE ❌" (red): RSI < Yellow → Potential resistance, good for sells.

"NEUTRAL" (gray): RSI = Yellow.

RSI Status: General condition of RSI with icons.

"OVERBOUGHT" (red): RSI ≥ 70 → Overbought, possible downward reversal.

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.