OPEN-SOURCE SCRIPT
RSI with BBs by Eddie
RSI based on ohlc4 (instead of close) with bollinger bands applied
red/green area = Delta Rsi and BBbase
use upper and lower bb bands as better oversold/overbought signal on high timeframes
red/green area = Delta Rsi and BBbase
use upper and lower bb bands as better oversold/overbought signal on high timeframes
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 publication is governed by House rules. You can favorite it to use it on a chart.
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