RSI SMA Inflection Alert

For trading a 1-min chart, the alert triggers when the SMA (smooth line) of the RSI turns up (bullish) in the oversold zones and turns down (bearish) in the overbought zones.

This largely fires as trends show weakness and/or divergences are forming in overbought or oversold territory, suggesting a reversal may be near. It acts as confirmation, rather than entering a trade before true divergences/weakness has formed.

It also helps define an extremely clear and tight stop (local high/low) often providing good R:R (very often 2+) even in relatively choppy PA.