INVITE-ONLY SCRIPT
SRSI Bands
Updated
A modified version of SRSI
For some reason i had an idea to apply Bollinger Bands to my RSI but it never really worked so i decided to do something that gave me the exact context i wanted to see and that was a dynamic range that moved with the RSI
Instead of your standard fixed 80-20
Its simple
Same concepts apply as a regular RSI
What is key to know is that when RSI gets outside the band you are more likely to revers back inside the band which can provide for some really good take profit or entry points.
The blue line is the key line for overall momentum in regards to the mid band
when blue is above gold its bullish
When below its bearish
DM more for info on how to attain access.
Cheers
For some reason i had an idea to apply Bollinger Bands to my RSI but it never really worked so i decided to do something that gave me the exact context i wanted to see and that was a dynamic range that moved with the RSI
Instead of your standard fixed 80-20
Its simple
Same concepts apply as a regular RSI
What is key to know is that when RSI gets outside the band you are more likely to revers back inside the band which can provide for some really good take profit or entry points.
The blue line is the key line for overall momentum in regards to the mid band
when blue is above gold its bullish
When below its bearish
DM more for info on how to attain access.
Cheers
Release Notes
added signal line and standard range lines for RSI :)
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