TradingView
RickSimpson
Oct 28, 2020 10:10 AM

Advanced RSI Helper 

USD/CADOANDA

Description

Here is Advanced RSI Helper. An advanced RSI represented in a candle type chart. It contains a Stochastic and a Pivot Detector (High-Low) and RSI divergences.

It also contains a Filter which you can configure the upper, lower zone to colorize the bars on the chart only when you are overbought or oversold, when you are in range the bars appear "transparent".

You also have the option of placing alerts for divergences or when the rsi exceeds the upper zone 1 / 2 or lower zone 1 / 2.

if you encounter any bugs do not hesitate to let me know in the comment area. The same goes for your suggestions.

Cheers and remember, risk management is the most important!

Release Notes

-Bug fix.

Release Notes

-Minor improvement.

Release Notes

-Minor improvements.

Release Notes

-Displaced the "RSI Filter Bar Color" into my other indicator "Rain On Me PRO 1/3" cause it was making conflict with it when used together.

Release Notes

-Less "flashy" Bar Color.

Release Notes

-Minor improvements.

Release Notes

-New option added "Show RSI Meter" in setting. That will help newbie to understand RSI fundamentals and can show you easily the RSI state in one look :)

Thank to all for your supports!

Release Notes

-Code cleaning and minor improvements.

Release Notes

-Minor improvement.

Release Notes

-Removed "RSI Meter" cause it need display improvement.
Comments
Nayanstock
Hello Rick Good Day,
This is one of the best script i have ever found in tradeview.
I am using it for quiet few days. However do let me know after how much time the top and bottom arrow appears.
I am using 5 min time frame as i do scalping in options.

While i was going through the chart i see that all the arrow came in perfect position and almost 99% accuracy. But does it give same accuracy in real time ?
Your suggestion will be very helpful for me.
Best Regards,
Nayan
kshitijshivhare
best for scalping
nilanjan62
will try rick
Rakeshsp001
@nilanjan62, which time frame best works
RickSimpson
@pluckyLeopard28228, that’s depending on your strategy but for me tf15 and tf30 are actually the best for all situations
debonairAprico58889
Thanks a lot! your indicator really help to "see" the chart
use 1d chart and its amazing))
Paulestore1
Pls add moving average to further enhance this tool.
Either on the main chat or RSI chat
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