OPEN-SOURCE SCRIPT
RSI Buy/Sell Signals

This indicator generates buy and sell signals based on the Relative Strength Index (RSI). It works by calculating the RSI value over a 14-period length and then checking if the RSI drops below 30 (oversold) or rises above 70 (overbought). When it’s oversold, the indicator plots a green upward arrow suggesting a potential buy. When it’s overbought, it plots a black downward arrow suggesting a potential sell. In essence, it helps traders spot possible reversal points using RSI levels directly on their charts.
NQ1!
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.