RSI/MFI with Volatility Bands [GVD] — Indicator by GeertVD

relativestrengthindex ultimateoscillator moneyflow mfi uo

This is an edit of the LAzyBear script.

The script is adjusted to show both the RSI and the MFI on 1 chart.

Release Notes:

Made it a bit more fancy.

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Minor update

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minor update (color coding)

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minor update (color transparency)

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Additional functionality

You can now

* plot the MFI, RSI or UO (jointly or seperately)
* choose whether to plot the BB + overbought/oversold indicator on the basis of the MFI, the RSI or the UO

Release Notes:

minor bugfixing

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minor update

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Added stochastic RSI

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User now has the option to select the ultimate overbought / oversold threshold

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Added additional functionalities.

There are now 4 possibilities for highlighting overbought/oversold

Release Notes:

minor edit

Release Notes:

minor update

Release Notes:

reduced the number of overbought/oversold options to 2 (from 4)

Release Notes:

* added Fast-Slow Stochastic RSI Convergence/Divergence Histogram

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.

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