OPEN-SOURCE SCRIPT
Relative Strength Index | SandiB

Simple RSI midline cross over/under. Added the possibility to change the cross over and under level. When RSI crosses above "L" (in the settings) signal a buy signal, when crosses under "L" is a sell signal. Original RSI the reading was that when RSI above 50 is trending up when below is going down, here the midline can be adjusted for both long and short signals, like 55-45, and when RSI is between the L and S level is a neutral condition. In the settings you can chose also to use the moving avg instead of RSI.
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.
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whop.com/quantedgeb/ 💎
🔹 Unlock our free toolbox:
tradinglibrary.carrd.co/ 🛠️
Disclaimer: All resources and indicators provided are for educational purposes only
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.
🔹 Get access to our premium tools:
whop.com/quantedgeb/ 💎
🔹 Unlock our free toolbox:
tradinglibrary.carrd.co/ 🛠️
Disclaimer: All resources and indicators provided are for educational purposes only
whop.com/quantedgeb/ 💎
🔹 Unlock our free toolbox:
tradinglibrary.carrd.co/ 🛠️
Disclaimer: All resources and indicators provided are for educational purposes only
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.