Autoview© - Relative Strength Index (Randomized)

Mar 16

Overview
The Autoview© RSI script is a fully customizable and dynamic Relative Strength Index (RSI) indicator that can function independently or as part of the Autoview Randomized Trading System. It allows traders to define min/max ranges for RSI length, overbought, and oversold levels, apply randomization, and select different trade signal modes. Whether used for momentum-based entries, trend confirmation, or randomized strategy generation, this script provides full flexibility while maintaining repeatability through the Master seed system.

Key Features:

• [] Standalone or Integrated Use – Works independently with a local seed or imports a Master seed for synchronized strategy configurations.
  [] Customizable Randomization – Users can define min/max ranges for:
  
  RSI Length
  Overbought Level
  Oversold Level
  
• Three Signal Modes:
  Crossover Mode – Generates signals when RSI crosses overbought/oversold levels.
  Greater/Less Than Mode – Confirms trend direction by determining if RSI is above or below a threshold.
  Randomized Mode – Automatically selects a mode based on the Masterseed.
  
• Variance & Local Seed Control:
  The Variance input modifies the imported Master seed, creating slight variations per instance.
  Enabling Lock in a Seed converts variance into a local seed, allowing independent RSI configurations.
  [] Trade Signal Visualization & Alerts – Displays buy/sell signals based on the selected method and supports TradingView alerts.
  [] Integration with Logic Gate – Can be used with the Logic Gate script to create multi-indicator trading conditions.
  

Important Usage Notes:

• [] If used without Master seed, the script generates a locally randomized RSI configuration based on the variance input.
  [] Importing the Master seed ensures strategy consistency across all indicators in the Autoview system.
  [] The Override Randomization feature ensures every strategy can have RSI bullish or bearish by default if used for trend confirmation.
  [] This script does not execute trades or provide backtesting on its own but can be used for alerts and visual confirmations.
  

How It Works:

Add the RSI script to your TradingView chart.
Choose whether to use Master seed integration or the local seed.
Configure the RSI length, overbought, and oversold ranges for controlled randomization.
Select your signal mode (Crossover, Greater/Less Than, or Randomized).
Observe buy/sell signals or set alerts based on the chosen condition.
(Optional) Import this script into the Logic Gate to create advanced multi-indicator strategies.
Next Steps:

Combine with Moving Averages, MACD, and Bollinger Bands for enhanced trade confirmation.
Use in Logic Gate to refine entry and exit signals across multiple indicators.
Experiment with different Master seed values to explore optimal RSI configurations.

This script can be used independently as a powerful RSI tool or as a key component in the Autoview Randomized Trading System.

Mar 18

Release Notes

- Improved input naming conventions, design and tooltips.