OPEN-SOURCE SCRIPT
Spiky Iguana Multi RSI Bands (Reverse RSI for the Price) by RRB
Spiky Iguana Multi RSI Bands by RagingRocketBull 2018
Version 1.0
This indicator shows multiple RSI Bands with prices corresponding to specified overbought/oversold RSI levels.
It is used to extrapolate the exact price levels currently matching a given set of RSI levels based on prior price/RSI levels action.
You can think of it as a reverse RSI where RSI levels are moving dynamically around the price instead of price bouncing between straight lines.
Features:
- 6+6 = 12 customizable Overbought(R)/Oversold(S) RSI Levels + 6 Mean(M) lines
- Multicolor levels/fill ranges
- Show/Hide specific S/R/M levels and fill ranges
1. uses plot*, fill and is based on RSIBANDS_LB
Good Luck! Feel free to explore and learn from the code
Version 1.0
This indicator shows multiple RSI Bands with prices corresponding to specified overbought/oversold RSI levels.
It is used to extrapolate the exact price levels currently matching a given set of RSI levels based on prior price/RSI levels action.
You can think of it as a reverse RSI where RSI levels are moving dynamically around the price instead of price bouncing between straight lines.
Features:
- 6+6 = 12 customizable Overbought(R)/Oversold(S) RSI Levels + 6 Mean(M) lines
- Multicolor levels/fill ranges
- Show/Hide specific S/R/M levels and fill ranges
1. uses plot*, fill and is based on RSIBANDS_LB
Good Luck! Feel free to explore and learn from the code
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.
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