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OPEN-SOURCE SCRIPT

Floating RSI Indicator

By TradingTail
Updated
The Simple Floating Relative Index Strength Indicator to analysis the real time value of RSI along with High Minus Low of Day , Week and Monthly candle value and Real time Candle Body size. Simple indications of colors i.e. green indicates bullish and red indicates Bearish
Release Notes
  • Gaps / Gap Down Value
Release Notes
  • Minor Modification in gap up / gap down values
Release Notes
  • Minor calculation Fix and Zone color of RSI changed
Release Notes
Atr value and Trend Strength Added for better analysis
Release Notes
The RSI Label added, it will display the current RSI value on the top of the bar. to enable -> go the setting panel -> enable the RSI Label Option.
it works in any timeframe.
floatingRelative Strength Index (RSI)rsi_overbought

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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