OPEN-SOURCE SCRIPT
[RS][JR]RSI Ribbon + Candle

RSI Ribbon + Candle
By Ricardo Santos and JR
In this chart rendering we are combining RSI and Moving Averages. For an added features we included colors to the candles and ribbons. Lime and green displays a strong bullish trend, yellow is caution or no trade, red and maroon are bearish trends. You can also find divergences using the ribbon.
Divergence

By Ricardo Santos and JR
In this chart rendering we are combining RSI and Moving Averages. For an added features we included colors to the candles and ribbons. Lime and green displays a strong bullish trend, yellow is caution or no trade, red and maroon are bearish trends. You can also find divergences using the ribbon.
Divergence
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.
Related publications
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.
Related publications
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.