Hello All. For a while this idea (showing RSI levels on the chart as a channel) was in my mind and finally today I developed the script. I hope it will be usefull for all.
Enjoy!
リリースノート
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Added Bull/Bear Zones (by request). This option is disabled by default, you need to enable in the options menu of the indicator.
リリースノート
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"EMA Smoothing" added. default value is 1, and if you increase "EMA smoothing" then you get smoothed RSI lines on the chart. Thanks to @hiddenpablo for EMA smoothing idea.
found this by accident looking for a basic RSI, isn't it ironic? Still, love your work guy! thank you.
abstract_guy
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Hi there! Using this RSI Channel and love it! Do you think it is possible to have your Renko RSI like this on the chart? I am wondering how to do that, and thank you for this RSI Channel!