RSI Exhaustion • Minimalist Trading

2018年9月24日

The RSI Exhaustion is an essential replacement of the standard RSI indicator because it is able to identify and highlight hidden exhaustion levels.

The indicator is crucial, even to the novice trader, to accurately spot trend reversal or trend continuation opportunities particularly when the RSI is neither overbought nor oversold. Additionally, the RSI Exhaustion becomes helpful in confirming extreme overbought or oversold RSI conditions.

By identifying hidden exhaustion levels, the RSI Exhaustion indicator represents an essential support to the trader in effectively reading the market and taking only the best opportunities.

The indicator is available via subscription and you can enjoy a free trial. To know more about the indicator and start the trial simply visit the link below.

➡ Try the indicator

2019年8月5日

版本注释

Algorithm optimization

2020年4月18日

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Ability to display a Custom Channel and trigger alerts only when RSI is inside or outside the channel.

2020年4月20日

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Update to alerts

2020年5月2日

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Added support to decimal numbers to Custom Channel high/low levels

2020年8月8日

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Update to the latest Pine version

2023年4月1日

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• Combined exhaustion alerts
  
• Overall code optimization
  
• Update to Pine Script v.5
  

2023年4月2日

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Bug fix to colors after update to Pine Script v.5