Relative Strength Index with Alerts — Indicator by niceboomer

RSI with alert on enter and exit overbough and oversold area.
You can change the overbough and oversold levels as well.

Release Notes:

Update UI.

Release Notes:

- Updated UI to see overbought and oversought values easier.
- Added ability to shrink the value of the RSI to get less signal than the original RSI, because sometimes too many signals are not a good thing for 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.

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