OPEN-SOURCE SCRIPT
Updated RSI with BB and MAs
This indicator is based on the 'rsi sma/ema CU' indicator by auroagwei. That is a great base to start with.
I've added Bollinger Bands, crossover indications and alert conditions to it, to work with a combined RSI - MA - BB strategy.
I've added Bollinger Bands, crossover indications and alert conditions to it, to work with a combined RSI - MA - BB strategy.
Release Notes
CleanupRelease Notes
Wrongly named bands. Needs to be 'Volatility Bands'.Release Notes
TypoRelease Notes
Added optional overbought/oversold signal only checkbox, So there will only be a cross on the RSI if overbought/oversold and outside the bands.Release Notes
Upgraded to Pine 5Add extra alert for when the RSI crosses up again over the bottom of the volatility band
Release Notes
Small change to the plotting of the bottom crossRelease Notes
Bugfix in crossing conditionsOpen-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.