OPEN-SOURCE SCRIPT
Updated RSI with an Opinion (UO)
This RSI has a very clear idea about when to buy and sell. It plots buy and sell signals. It is an expert system. Yes, of course, it can make some errors. You should have used stop-loss
Release Notes
Added purple arrows. Purple arrows are not a final decision. They are how it is likely to decide in the next stepRelease Notes
Refactored the decision into a single pine function so that it can be easily used in other scriptsOpen-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.