Get started
Cryptogrithm

Tommy Oscillator v1.0 Light

Cryptogrithm  
Oscillators Relative Strength Index (RSI) Centered Oscillators tommy rsi_overbought rsi_oversold
58
2
oscillator relativestrengthindex centeredoscillator tommy rsi_overbought rsi_oversold
RSI rules: If we break above 70 RSI, 40-50 RSI acts as support,
If we break below 30 RSI, 50-60 RSI acts as resistance

I color coded the support/resistance areas to make visuals easier. This is part of my private indicator, but I removed the buy/sell part (which is the private part). I think this will help a lot with your guy's trading.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

Want to use this script on a chart?