regina.klosterman

RSI on Bollinger Bands by Snabbel

80 1 19
Remove from Favorite Scripts Add to Favorite Scripts
//
// @author Snabbel
// RSI on Bollinger Bands
// 
study(title = "RSI on Bollinger Bands", shorttitle="RSI+BB")
source = close
RSI_length = input(14, minval=1)
BB_length = input(50, minval=40, maxval=50)
BB_stdDev = input(2.1, minval=2.0, maxval=2.1)
HighlightBreaches=input(true, title="Highlight Oversold/Overbought?", type=bool)

rsi_s = rsi(source, RSI_length)
plot(rsi_s, color=black, linewidth=2)


band4 = hline(80, title="Upper Line", linestyle=dashed, linewidth=3, color=red)
band3 = hline(55, title="Upper Line", linestyle=dashed, linewidth=3, color=red)
band2 = hline(50, title="Upper Line", linestyle=dashed, linewidth=3, color=red)
band1 = hline(45, title="Upper Line", linestyle=dashed, linewidth=3, color=red)
band0 = hline(20, title="Lower Line", linestyle=dashed, linewidth=3, color=lime)
fill(band1, band2, color=purple, transp=90)
fill(band2, band3, color=purple, transp=90)

bb_s = rsi_s
basis = sma(bb_s, BB_length)
dev = BB_stdDev * stdev(bb_s, BB_length)
upper = basis + dev
lower = basis - dev
plot(basis, color=red)
p1 = plot(upper, color=blue)
p2 = plot(lower, color=blue)
fill(p1,p2, blue)

b_color = (bb_s > upper) ? red : (bb_s < lower) ? green : na
bgcolor(HighlightBreaches ? b_color : na)
and how about fisher transform in RSI ?
would you share you programming skills for a test on it?
thanks
+1 Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out