PT RSx RSI — Indicator by patterntraders

oscillator relativestrengthindex stochasticrsi rsi_divergence rsi_overbought rsi_oversold rsidivergence rsioversold rsioverbought buysellsignal

Version 1.0 of our RSx RSI indicator was developed initially as a scalper. It helps determine a possible top/bottom for a specified time frame. The indicator is a modified version of the original RSI . We added a second line to help give you a visual on a bull/bear cross.

Bull crosses at the bottom of the range indicate that the current trend is trying to reverse & vice versa.

We also added a series of Fibonacci levels that act as pivotal areas. We have two highlighted areas that offer volatility . Our Red zone (upper fibs) should prompt you to look for short entries & our Grey zone (mid fibs), which acts as a neutral/range area.

This Oscillator was built around our buy sell indicator & it is used on all time frames for swinging & scalping. It is included as part of the library. Just message us for access!

Release Notes:

V 2.1
-Added alerts for Algo Exhaustion
-Added alerts for crosses up/down

Release Notes:

V 3.0
-Added God mode gray background for potential reversal areas
-Added swing mode to catch longer duration bottom/top setups

Join our telegram & discord for updates on our indicators & setups

✔ Website: whop.com/patterntraders

✔ Telegram: t.co/svvfkV3H7I?amp=1

✔ Discord: discord.gg/bqvYxc3

✔ Twitter: twitter.com/onlypatterns

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