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ROGUE RSI PRO
The ROGUE RSI PRO is a custom RSI with a floating 50 line that takes the classic Relative Strength Index and adds a dynamic midpoint that adapts to current market conditions. Instead of relying on the static 50-level, this indicator calculates a moving average of RSI to serve as a “floating 50 line,” helping traders better identify momentum bias and trend shifts.
Key Features:
-Dynamic Midpoint: The floating 50 line moves with RSI, providing a more adaptive measure of bullish/bearish control.
-Color-Coded RSI: The RSI line automatically changes color — green when bulls are in control, red when bears are in control, gray when neutral.
-Adaptive Bands (optional): Standard deviation bands around the floating line show when RSI is stretched relative to its own recent history.
-Classic Zones: Overbought (70) and oversold (30) levels remain for reference.
-Trend Context: Helps highlight when momentum is sustainably above or below its “normal” zone, filtering out false midline crosses.
How to Use:
-Watch the RSI line color — green = bullish momentum, red = bearish momentum.
-Use the floating 50 line as a dynamic pivot: RSI above it confirms strength, RSI below it confirms weakness.
-Look for band touches or extreme deviations as potential reversal or continuation signals.
*Combine with price action, volume, or higher timeframe bias for stronger setups.*
Key Features:
-Dynamic Midpoint: The floating 50 line moves with RSI, providing a more adaptive measure of bullish/bearish control.
-Color-Coded RSI: The RSI line automatically changes color — green when bulls are in control, red when bears are in control, gray when neutral.
-Adaptive Bands (optional): Standard deviation bands around the floating line show when RSI is stretched relative to its own recent history.
-Classic Zones: Overbought (70) and oversold (30) levels remain for reference.
-Trend Context: Helps highlight when momentum is sustainably above or below its “normal” zone, filtering out false midline crosses.
How to Use:
-Watch the RSI line color — green = bullish momentum, red = bearish momentum.
-Use the floating 50 line as a dynamic pivot: RSI above it confirms strength, RSI below it confirms weakness.
-Look for band touches or extreme deviations as potential reversal or continuation signals.
*Combine with price action, volume, or higher timeframe bias for stronger setups.*
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Script protegido
Esse script é publicada como código fechado. No entanto, você pode usar ele livremente e sem nenhuma limitação – saiba mais aqui.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.