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RSI Candles [cI8DH]

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This is candle visualization of regular RSI. That's all.

I have seen two other RSI candles, but their implementation is not correct. The high on RSI usually matches the low on price and vice versa. I have completely turned off the wicks so you can safely use this indicator as a replacement for regular RSI.
Notas de prensa
added a band as requested by my friend

imagen
Notas de prensa
- Added dynamic inner band that can be used during sideways periods
- Implemented the True RSI fix explained here

True Relative Strength Index (True RSI / TRSI) [cI8DH]
Notas de prensa
- added standard deviation inner band calculation method
Notas de prensa
- minor code optimization

Script de código abierto

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.

cI8DH
También en:
Relative Strength Index (RSI)

Exención de responsabilidad

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.
Relative Strength Index (RSI)

Script de código abierto

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.

cI8DH
También en:

Exención de responsabilidad

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.