OPEN-SOURCE SCRIPT

Relative Strength Index with Highlights and Success Test

This script does two things:

1- Highlights extreme levels on RSI
2- Calculates what % of the time, price closed higher (lower) with some minimum threshold when RSI was below oversold (overbought) level in a predefined number of bars.

I use this to understand if buying the dip/selling the rip works for a security and on what time frame and if it could be a profitable strategy that can generate large enough moves.

No guarantees on the accuracy of the code. Let me know if you see anything wrong
Relative Strength Index (RSI)rsi_overboughtrsi_oversold

开源脚本

本着真正的TradingView精神,此脚本的作者已将其开源,以便交易者可以理解和验证它。向作者致敬!您可以免费使用它,但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。

想在图表上使用此脚本?


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