Cari dalam skrip untuk "rsi"
rsi with bb [or]rsi has 2 line. 30 and 70.
but we can use BB instead of that.
i dont know it is good idea or not.
cause i rarely use rsi.
anyway if you are interested in it, you can try :)
enjoy and earn money.
RSI in Bull and Bear Market V2.0RSI oversold at 60/40 in bullish market
And Overbought at 40/60 in Bearish market
for more info of this Strategy
RSI MT5-Style RSI Zones (20/30/70/80) with Signals & Alerts
Description (English first)
What it does
This script reproduces an MT5-style RSI with four-level zones (20/30/70/80) to better distinguish early/late overbought-oversold conditions. It highlights zone transitions, plots optional background shading, and triggers entry/exit alerts on precise crossings.
How it works (high-level logic)
Core is Wilder’s RSI on close (length = ).
Two oversold bands at 20 and 30; two overbought bands at 70 and 80.
Optional smoothing (), and MTF confirmation (optional) compares current RSI vs a higher timeframe RSI.
Signals:
Long setup: RSI crosses above 20 (early) or 30 (conservative); confirmation if higher-TF RSI is rising.
Take-profit / exit: RSI fails to hold above 70 or crosses below 70 after being >80.
Short setup: mirror logic with 70/80 → 30/20.
Inputs
RSI Length (<14>), Source (close)
Upper Bands (70, 80), Lower Bands (30, 20)
Smoothing ( on RSI, optional)
Higher Timeframe (), Confirm with HTF (on/off)
Background Zones (on/off), Alerts (on/off)
How to use
Choose your market/timeframe. For FX/indices, M5–H1 works well; for swing, H1–H4.
Pick your aggressiveness: use 20/80 for early reversals, 30/70 for conservative trend pullbacks.
With MTF confirmation on, prioritize entries aligned with the higher timeframe RSI slope.
Combine with structure (S/R) or a simple MA filter for trend direction.
Originality & usefulness
Unlike generic RSI scripts, this version provides dual-zone logic (20/30/70/80) with clear visual states, optional HTF confirmation, and ready-made alerts designed to match MetaTrader-like RSI workflows. It is not a direct clone of public open-source scripts; zone handling and alert conditions are purpose-built for timing pullbacks vs. extremes.
Best markets & limitations
Works on FX, gold (XAUUSD), and indices (US30/NAS100).
In strong trends, overbought/oversold can persist—use bands as context, not standalone signals.
Spikes around news can cause false triggers—consider widening bands or disabling trades near events.
Alerts included
RSI Crosses Above 20, RSI Crosses Above 30
RSI Crosses Below 70, RSI Crosses Below 80
MTF Confirmed Long/Short (optional)
User interface translations (if your UI is in Spanish)
RSI Length → Periodo RSI
Upper Bands → Bandas Superiores
Lower Bands → Bandas Inferiores
Smoothing → Suavizado
Higher Timeframe → Marco Temporal Superior
Confirm with HTF → Confirmar con MTS
Background Zones → Zonas de Fondo
Alerts → Alertas
Disclaimer
This tool is for educational purposes. Not financial advice.
RSI +This enhanced RSI script, titled "RSI +", is designed to provide traders with more detailed and nuanced information about market conditions.
// INPUTS
The length input allows you to specify the number of periods used in the RSI calculation, with a default value of 14.
The Source input designates the price used for the calculations, typically the closing price.
// CALCULATIONS + PLOTTING
The RSI itself is then calculated as 50 plus 50 times the ratio of two RMAs (Running Moving Averages) - one of the gain_loss, and another of the absolute value of gain_loss. Both RMAs use the specified length.
This script also plots several horizontal lines (bands) at fixed levels: 70, 60, 50, 40, and 30. These bands help to visually delineate areas of potential overbought (above 70) and oversold (below 30) conditions, as well as median levels. The color of the plotted RSI line changes depending on its relation to these bands and its own simple moving average (Moving_Average), providing an additional visual cue.
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What sets this script apart from a standard RSI is its unique calculation method. Unlike the traditional RSI, which simply compares the magnitude of recent gains to recent losses, this script incorporates a normalization factor (norm), calculated as the average of the current and previous period's source prices. The gain or loss (gain_loss) is then determined by dividing the change in the source price by this normalization factor. This method can potentially reduce noise and improve accuracy.
Always remember, though, that no indicator should be used in isolation. The best results are often achieved when they're used as part of a comprehensive trading strategy that considers multiple aspects of market analysis. This script, with its unique enhancements, could be used with other technical indicators like Moving Averages to ascertain the direction of the prevailing trend, while volume-based indicators like Volume-Weighted Average Price (VWAP) could provide insights into the strength behind price movements.
RSI+The Relative Strength Index can be used to determine Overbought and Oversold market conditions. This RSI+ indicator is set to a length faster then normal and changes color depending on momentum. When the RSI is Overbought a red shadow appears to indicate a sell is setting up. When the RSI is Oversold a green shadow appears to indicate a buy is setting up
RSI+A free addon for Profitable RSI . Equipped with RSI Values Distribution Profile, Point of Control, Value Area (customizable % based) and alert system.
RSI +++Customizable RSI indicator with bullish and bearish color coding and pivot dots when RSI crosses its moving average.
RSI-VA modified RSI script with a a slight modified net volume formula
red is bearish
green is bullish
just attempt to make the RSI more easy and better to use
best entry is when green bellow 30
and vice versa when red start to cross down the 70
RSIStandard RSI that uses the highest and lowest output plots of the RSI formula using open, high, low, close formulas.
