This indicator makes your technical analysis more efficient by using Bollinger Bands and RSI indicator at the same time.
It highlights both price movements and overbought/oversold areas of the market on a single chart.
Features:
Bollinger Bands: Middle Band (SMA), Upper and Lower Bands are drawn based on standard deviation. Bands wrap price movements and allow you to visually follow volatility. RSI (Relative Strength Index): When the RSI value is in overbought (70) and oversold (30) areas, it is indicated with a vertical light effect on the chart. Red background is used for overbought area, green background is used for oversold area. Area of Use: Easily detect situations where the price touches Bollinger Bands or RSI signals in oversold areas. Analyze both trend following and possible reversal points on a single screen.
Customization:
Bollinger Bands period and standard deviation coefficient can be adjusted. RSI period and overbought/oversold levels can be determined by the user.
Este script se publica con código cerrado, pero puede utilizarlo libremente. Márquelo como favorito y podrá usarlo en un gráfico. El código fuente no se puede ver ni modificar.
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.