OPEN-SOURCE SCRIPT
The Last 50 Trading System - RSI
This is an adjustment to default RSI indicator
14 time period to 8
70 and 30 lines to 80 and 20
change RSI line color on oversold and overbought area to yellow
this indicator is for the use of "RSI 80 - 20 Trading Sytem: Learn to Trade Divergence, and Find a Low Risk Way to Sell Near The Top or Buy Near The Bottom " by TradingStrategyGuides.com
You can FREE download the PDF herehttps://drive.google.com/file/d/1QURNUJhVd2iK0KGA17Uoue-TcEGVJmto (GDrive)
you will also need "The Last 50 Overlay" Indicator to put on chart
14 time period to 8
70 and 30 lines to 80 and 20
change RSI line color on oversold and overbought area to yellow
this indicator is for the use of "RSI 80 - 20 Trading Sytem: Learn to Trade Divergence, and Find a Low Risk Way to Sell Near The Top or Buy Near The Bottom " by TradingStrategyGuides.com
You can FREE download the PDF herehttps://drive.google.com/file/d/1QURNUJhVd2iK0KGA17Uoue-TcEGVJmto (GDrive)
you will also need "The Last 50 Overlay" Indicator to put on chart
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 publications is governed by House rules. You can favorite it to use it on a chart.
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