OPEN-SOURCE SCRIPT
Updated Glowing RSI Candlesticks (With Buy and Sell helpers)
This is not your average, boring RSI indicator.
This indicator is still an RSI (momentum) indicator, but I have converted the line into candlesticks.
It has an option to make it glow neon blue to make it look cooler (dark background recommended for full effect).
There is a red zone at 70, because of course, and a green zone at 30 for the same reason.
On top of that, it has triple moving averages, two of which it uses to create some simple buy and sell indications (the vertical green and red lines).
Enjoy! :)
This indicator is still an RSI (momentum) indicator, but I have converted the line into candlesticks.
It has an option to make it glow neon blue to make it look cooler (dark background recommended for full effect).
There is a red zone at 70, because of course, and a green zone at 30 for the same reason.
On top of that, it has triple moving averages, two of which it uses to create some simple buy and sell indications (the vertical green and red lines).
Enjoy! :)
Release Notes
- I got rid of the vertical lines (buy and sell helpers) since they were really just based on a strategy that cluttered the indicator more than provide anything of any value, at least in most cases. Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.