OPEN-SOURCE SCRIPT
Updated Visual RSI {bebaps}
Visual RSI
This script provides a visual way to view RSI data. Sometimes it may be useful to view RSI data on the price chart instead of in a separate pane. This script enables the following configurable options:
All options are configurable. This is not meant to serve as a replacement for having the RSI on your chart, but it will make it easier to highlight key data points in real time.
This script provides a visual way to view RSI data. Sometimes it may be useful to view RSI data on the price chart instead of in a separate pane. This script enables the following configurable options:
- Plot shapes on the chart during key RSI events such as: crossing above or below the overbought or oversold level
- Color bars based upon the current value of the RSI, such as: RSI currently oversold, or RSI currently between overbought and 50
All options are configurable. This is not meant to serve as a replacement for having the RSI on your chart, but it will make it easier to highlight key data points in real time.
Release Notes
Adjusted the size of the plotted shapes to be more visually appealing on the chart.Release Notes
- Increase color consistency
- Add notes for which chart styles work best
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.