This is an experimental script i made for tracking volume in BTC on poloniex pairs. I am not a developer, i hardly even know how to code, so im sure there is a better way! I shared the script on request from someone else. I made the line 100% transparant because i only want the number in the top left. Have a nice day.
An inverse fisher transformation of a modified RSI plotted against a smoothed version of itself.
The general trading rules of this indicator are as follows:
1. if the histogram is > 0 and above the line and is green; buy
if the histogram is > 0 and is below the line (green or gray); sell buy position
2. if the histogram is < 0 and below the line and is red;...
![EURUSD: [RS]RSI Inverse Fisher Transform V1](https://s3.tradingview.com/m/mNmC5Yw2_mid.png "[RS]RSI Inverse Fisher Transform V1")
![USOIL: [RS]RSI Inverse Fisher Transform V0](https://s3.tradingview.com/i/iSZ2we5u_mid.png "[RS]RSI Inverse Fisher Transform V0")