The RSI signal is displayed with different color zones to reflect the value on the chart. This makes field evaluation more efficient. RSI values of different time frames are displayed in the table, helping to evaluate the market more objectively. A Retest Buy signal is given when the RSI value decreases from the area of more than 80 to 50. Retest Sell signal is given when the RSI value increases from less than 20 to 50. Retest Validation results are highlighted in bold for easy detection.
Settings: * Length, source RSI * Text size * Type + Length MA * RSI ADVANCE SETTINGS: - Value RSI Range retest for Long trend - Value RSI Range retest for Sell trend
This Indicator alert was created for the RSI Retest.
Recommendation: Should be used in combination with other Indicators to observe the market more effectively