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[MattLet] RSI Andrew Cardwell
Andrew Cardwell RSI helps to identify the range shift, which states whether the market is in bullish or bearish phase.
When RSI oscillates in the range of 40 to 80 we can said that we are in a uptrend (blue background color on RSI), however when RSI oscillates in the range of 20 to 60 we are in a downtrend (red background color on RSI).
Finally if the RSI oscillates between 40 to 60, it is considerated a sideway phase (gray background color on RSI).
Keep in mind that within an uptrend or downtrend there may be a lateral phases and then continue in the trend (gray boxes on the BTC/USD price xample)
I added bearish and bullish divergences (hidden divergences too) to help users to indentify possible trending endings.
Note: I still working improving how the indicator display the areas, so I will letting you know when I finish that. Anyway, you can use it normally right now.
Good Luck!
When RSI oscillates in the range of 40 to 80 we can said that we are in a uptrend (blue background color on RSI), however when RSI oscillates in the range of 20 to 60 we are in a downtrend (red background color on RSI).
Finally if the RSI oscillates between 40 to 60, it is considerated a sideway phase (gray background color on RSI).
Keep in mind that within an uptrend or downtrend there may be a lateral phases and then continue in the trend (gray boxes on the BTC/USD price xample)
I added bearish and bullish divergences (hidden divergences too) to help users to indentify possible trending endings.
Note: I still working improving how the indicator display the areas, so I will letting you know when I finish that. Anyway, you can use it normally right now.
Good Luck!
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保護スクリプト
このスクリプトのソースコードは非公開で投稿されています。 無料かつ制限なしでご利用いただけます ― 詳細についてはこちらをご覧ください。
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。