RSI candles by soru v.1 plus
As requested. Cheers
study("RSI candles by soru v.1 plus")
len = input(title="RSI Period", defval=14)
o=rsi(open,len)
h=rsi(high,len)
l=rsi(low,len)
c=rsi(close,len)
//inputs
left = input(title="# bars to the left", type=integer, defval=30)
left_low = lowest(left)
left_high = highest(left)
newlow = low <= left_low
newhigh = high >= left_high
q = barssince(newlow)
w = barssince(newhigh)
col = q < w ? #8B3A3A : #9CBA7F
plotcandle(o,h,l,c,color=col)
hline(80, color=navy, linestyle=dotted, linewidth=1)
hline(60, color=navy, linestyle=dotted, linewidth=1)
hline(40, color=navy, linestyle=dotted, linewidth=1)
hline(20, color=navy, linestyle=dotted, linewidth=1)
