RSI [Gu5] — Indicator by gu5tavo71

relativestrengthindex rsi_overbought rsi_oversold eurusd oversold overbought

Highlights Oversold and Overbought
Show Cross Line when the momentum ends
Same design of my previous indicators

Setting recommended for EURUSD:
Length = 14
Oversold = 68
Overbought = 32

Other markets try:
Length = 14
Oversold = 70
Overbought =30

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El indicador destaca cuando el mercado esta en sobre-compra o sobre-venta
Para una mejor visualización, marca con un cruce cuando finaliza el movimiento
Continuando con el mismo estilo de diseño de mis anteriores indicadores

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If any of my indicators were useful, you can buy me a beer ;)
Si alguno de mis indicadores te fue útil, puedes comprarme una cerveza ;)

BTC: 1MbHMN63WnsFYEavsGK4nMWSUoEiuiScny
Paypal:

Release Notes:

Clean code

Release Notes:

Update and clean code

Release Notes:

Fix code

Release Notes:

Fixed bug.
Updated to Pinescript v5.
Clean code.
Optimized according to the latest recommendations.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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