This plots the overbought and oversold (70 and 30) levels from RSI on price, there are often levels where a market will bounce or retrace/reverse.
By default it shows 15 min, 60 min and 4 hour levels but I intend to make these configurable along with some other stuff. For now it works how I use it, nice and simple
By default it shows 15 min, 60 min and 4 hour levels but I intend to make these configurable along with some other stuff. For now it works how I use it, nice and simple
Versionsinformation:
Added second colour, fixed labels
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Added a feature that expands the lines to be dotted and the width of the chart when price gets close, to highlight potential bounce areas.
Updated some input descriptions
Updated some input descriptions
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Updated chart screenshot to show all six levels
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Added timeframe selection
Added midpoints (in purple) (as suggested in comments)
Change colours to red/green
Added option to show historical OS/OB/Mid levels (as suggested in comments)
Added midpoints (in purple) (as suggested in comments)
Change colours to red/green
Added option to show historical OS/OB/Mid levels (as suggested in comments)
Versionsinformation:
Added an option to show/hide each timeframe