OPEN-SOURCE SCRIPT
RSI Market Structure
This indicator draws swings on the chart based on the RSI configured within.
The swings are drawn from Overbought to Oversold or vice-versa.
Logic:
From Overbought to Oversold, a line is drawn from the highest price before oversold to the lowest price of the oversold.
The labels can be deactivated from the style menu, it was easier for me to implement this way (It's my first indicator)
The swings are drawn from Overbought to Oversold or vice-versa.
Logic:
From Overbought to Oversold, a line is drawn from the highest price before oversold to the lowest price of the oversold.
The labels can be deactivated from the style menu, it was easier for me to implement this way (It's my first indicator)
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.