LonesomeTheBlue

RSI Channel

Hello All. For a while this idea (showing RSI levels on the chart as a channel) was in my mind and finally today I developed the script. I hope it will be usefull for all.



Enjoy!
Release Notes: Added Bull/Bear Zones (by request). This option is disabled by default, you need to enable in the options menu of the indicator.
Release Notes: "EMA Smoothing" added. default value is 1, and if you increase "EMA smoothing" then you get smoothed RSI lines on the chart. Thanks to @hiddenpablo for EMA smoothing idea.
Release Notes: from the updated smoothed version:
Skript med en öppen källkod

I sann TradingView-anda har författaren till detta skript publicerat det som öppen källkod, så att handlare kan förstå och verifiera det. Skål för författaren! Du kan använda den gratis men återanvändning av den här koden i en publikation regleras av våra Ordningsregler. Du kan göra den till favorit för att använda den i ett diagram.

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Kommentarer

very nice script, thanks! any change we can get an atr channel script for your renko script?
+2 Svara
great script! can you please add bear zone (fill 30 to 45) and bull zone (fill 65 to 80)?thank you!
+1 Svara
@maxonline, Added. it's disabled by default. you need to enable it ("Show Bull/Bear Zones" in the indicator options)
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maxonline LonesomeTheBlue
@LonesomeTheBlue, well done mate! Awesome much appreciated!
+1 Svara
Bu kanallarda Uyumsuzluk tespiti mümkünmü?Açıklama yapabilirmisiniz?
+1 Svara
@MohegaN, for divergence :)
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Which alerts will correspondence to which plots?
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Master Scriptman..
Salute..
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Correct me if I am wrong but if the PA falls into the "bullzone" above then it is overbought? and if it falls below into the "bearzone" it is oversold?
Sorry for the confusion.
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@ViSi0nZ, Right!
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