OPEN-SOURCE SCRIPT

Fibo RSI

124
This is a customized Relative Strength Index (RSI) indicator designed to replicate TradingView’s default RSI while adding additional reference levels for deeper market analysis.

🔹 Features:

RSI length set to 8 by default (user adjustable).

Calculates RSI using the standard ta.rsi() function.

Plots the RSI line in a clean, separate panel.

Adds 7 key levels for analysis: 0, 20, 30, 50, 70, 80, 100.

Levels are drawn as thin, solid straight lines for a cleaner look (instead of default dashed).

🔹 Use cases:

Identify momentum shifts with enhanced precision.

Use intermediate levels (20, 30, 50, 70, 80) as potential support/resistance zones.

Ideal for traders who want a Fibonacci-like structure in RSI analysis.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.