OPEN-SOURCE SCRIPT
RSI by Rife
Highly configurable interface that aims to improve usability of RSI by:
- Highlighting when RSI is overbought or oversold (red)
- Highlighting when RSI crosses midline (50, blue)
- Highlighting mid area's background (45-55)
- Highlighting overbought and oversold area backgrounds (>70, <30)
- Ability to plot midline (in addition to oversold and overbought lines)
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.
Want to use this script 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.