PROTECTED SOURCE SCRIPT
已更新 Bullyena's RSI BarColor Overlay
This script can identify the price trend by overlaying colors as based on an algorithm using RSI and MA.
Disclaimer: This should be effective on higher timeframes.
This also works best with my RSI + StochRSI indicator.
Red = short zone
Orange = chop zone
Blue = long zone
Strategy:
Blue = you can HODL until the trend changes
Orange = good for scalping ranges
Red = just for shorting and longing would be risky
How to enable indicator with the best settings:
A. If using candlestick chart type, make sure to disable the border color in the chart settings.
B. For optimal usage, use the bar chart type.
Disclaimer: This should be effective on higher timeframes.
This also works best with my RSI + StochRSI indicator.
Red = short zone
Orange = chop zone
Blue = long zone
Strategy:
Blue = you can HODL until the trend changes
Orange = good for scalping ranges
Red = just for shorting and longing would be risky
How to enable indicator with the best settings:
A. If using candlestick chart type, make sure to disable the border color in the chart settings.
B. For optimal usage, use the bar chart type.
版本注释
Changelog:Updated the colors
How to use:
1. Install the indicator by clicking on favorites and adding it on your chart.
2. Go to your chart settings/properties by clicking on the background of your chart. Then make sure to DISABLE 'BORDER' if using candlesticks.
3. There you have it
版本注释
Minor fixes受保护脚本
此脚本以闭源形式发布。 However, you can use it freely and without any limitations – learn more here.
免责声明
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.
受保护脚本
此脚本以闭源形式发布。 However, you can use it freely and without any limitations – learn more here.
免责声明
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.