Float levels for rsi,updated version below just with more options
A way to get this indicator is to copy paste the source code below to your srcipt editor and save.
RsiPeriod = 14
RsiPrice = close
LevelUp = input(76.4)
LevelMiUp = input(55.0)
LevelMiDown = input(45.0)
This indicator plots from the daily chart the CCI with a period of 3, i use it that way to see if a daily candle is bullish or bearish and possible direction of the market while looking on lower timeframes.
Its the standard Donchian Channels but with the daily CCI3 coloring, but i prefer more the CCI3
the logic is cci above 0 line then green and cci...
This is the best indicator iv used and im sure its gona change the way you trade, can be used as support and resistance trend, and for entry and exits
How it works: uses the traditional main pivot only.
New version with fix by TheLark, now works in lower timeframes too.
//Version 1.1 fix
study(title="Glaz Daily Pivot Line", shorttitle="Glaz DP",...
Can be used as a 50 level cross by rsi or as overbought/oversold by setting the levels accordingly eg 70/30
// With levels, candle border must be removed for better view
// RSI Chart Bars By Glaz.
study(title="RSI Chart Bars",overlay = true, shorttitle="RSI Bars")
src = close, len = input(14, minval=1, title="Length")
up = rma(max(change(src), 0), len)