OPEN-SOURCE SCRIPT

RSI Breakout/Breakdown vs Highest/Lowest(N)

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RSI Breakout/Breakdown vs Highest/Lowest(N)
موشر rsi
RSI Breakout/Breakdown vs Highest/Lowest (N) Bars

This TradingView indicator compares the current RSI value with the highest and lowest RSI values over the past N bars (excluding the current bar).

Breakout (RSI↑):
A green upward triangle is plotted below the bar when the RSI closes above the highest RSI value of the previous N bars.
→ This signals momentum strength and a potential bullish breakout.

Breakdown (RSI↓):
A red downward triangle is plotted above the bar when the RSI closes below the lowest RSI value of the previous N bars.
→ This signals momentum weakness and a potential bearish breakdown.

Alerts:
The script includes two separate alerts:

RSI Breakout Alert → triggers when RSI closes above the highest N-bar value.

RSI Breakdown Alert → triggers when RSI closes below the lowest N-bar value.

Inputs:

RSI Length → Default is 14.

Lookback Bars (N) → Default is 100 (can be adjusted).

Source → Default is Close price.

This indicator works on any timeframe (hourly, daily, etc.). The logic triggers only once per bar close to avoid false signals during live bar formation.

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。