OPEN-SOURCE SCRIPT
Godmode RSI
based on the popular Godmode Indicator with modifications by LEGION, LAZYBEAR, Ni6HTH4wK, xSilas, oh92, sco77m4r7in
All Credit belongs to them. THX Guys!
This is a Combination of a RSI and Godmode.
RSI has a Simple or Exponential Moving Average, Histogram Color Changes when the RSI reaches the Overbought/Oversold Zones.
Godmode is basicly the same as the Original one only scaled down a bit with slightly adjusted Caution Signal Zones which i like more. I also added the Option to adjust the Length of the 2nd Wavetrend SMA. Removed the Wavetrend Area because it doesnt have any use for me.
Hope you like it.
All Credit belongs to them. THX Guys!
This is a Combination of a RSI and Godmode.
RSI has a Simple or Exponential Moving Average, Histogram Color Changes when the RSI reaches the Overbought/Oversold Zones.
Godmode is basicly the same as the Original one only scaled down a bit with slightly adjusted Caution Signal Zones which i like more. I also added the Option to adjust the Length of the 2nd Wavetrend SMA. Removed the Wavetrend Area because it doesnt have any use for me.
Hope you like it.
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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