OPEN-SOURCE SCRIPT
Updated RSI Custom Bands
There is no change in the RSI functionality. The idea is that everybody can adjust the oversold and overbought regions shown in the RSI indicator. So if you like to change these bands then you can do it here.
Important:
Original Code is written by JusttyMaldonado and TradingView itself. I simply added the functionality to adjust the bands to the values you like. It seemed helpful to me as I sometimes changes these areas so it might be helpful for other too.
Important:
Original Code is written by JusttyMaldonado and TradingView itself. I simply added the functionality to adjust the bands to the values you like. It seemed helpful to me as I sometimes changes these areas so it might be helpful for other too.
Release Notes
Just saw that the title of the line surrounding the oversold and overbought regions are not correctly named in the settings. Corrected that with this update.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.