GOLDEN RSI by @thejamiul

เมื่อวานซืน

GOLDEN RSI thejamiul is a versatile Relative Strength Index (RSI)-based tool designed to provide enhanced visualization and additional insights into market trends and potential reversal points. This indicator improves upon the traditional RSI by integrating gradient fills for overbought/oversold zones and divergence detection features, making it an excellent choice for traders who seek precise and actionable signals.

Key Features

1. Customizable RSI Settings:
RSI Length: Adjust the RSI calculation period to suit your trading style (default: 14).
Source Selection: Choose the price source (e.g., close, open, high, low) for RSI calculation.

2. Gradient-Filled RSI Zones:
Overbought Zone (80-100): Gradient fill with shades of green to indicate strong bullish conditions.
Oversold Zone (0-20): Gradient fill with shades of red to highlight strong bearish conditions.

3. Support and Resistance Levels:
Predefined horizontal lines:
Upper Band: 80
Middle Bands: 60 (bullish) and 40 (bearish)
Lower Band: 20
These levels help identify overbought, oversold, and neutral zones.

4. Divergence Detection:
Bullish Divergence: Detects lower lows in price with corresponding higher lows in RSI, signaling potential upward reversals.
Bearish Divergence: Detects higher highs in price with corresponding lower highs in RSI, indicating potential downward reversals.
Visual Indicators:
Bullish divergence is marked with green labels and line plots.
Bearish divergence is marked with red labels and line plots.

5. Alert Functionality:
Custom Alerts: Set up alerts for bullish or bearish divergences to stay notified of potential trading opportunities without constant chart monitoring.

6. Enhanced Chart Visualization:
RSI Plot: A smooth and visually appealing RSI curve.
Color Coding: Gradient and fills for better distinction of trading zones.
Pivot Labels: Clear identification of divergence points on the RSI plot.

7. User-Friendly Interface:
Display Customization: Toggle features such as divergence calculations for optimized performance.
Tooltips: Helpful guidance for input settings to ensure ease of use.

8. Learn Trading on thejamiul :
Are you looking to deepen your trading knowledge and consistently make profitable trades? Join on thejamiul, where I share in-depth tutorials, market insights, and strategies to master technical analysis. Subscribe now to learn how to use this indicator effectively and elevate your trading game! Go to - thejamiul

Usage
This indicator is ideal for traders looking to :

1. Identify overbought and oversold conditions visually.
2. Detect potential reversals with divergence analysis.
3. Customize RSI settings for specific trading strategies.
4. Receive real-time alerts for divergence opportunities.