OPEN-SOURCE SCRIPT
Blue Empire - RSI with Overbought/sold indicator.
This is a Relative Strenght Index Indicator where you get a Colorful Mark when it's over bought / sold with it's respective color.
If it goes over 70, it's overbought turning red indicating a possible Sell.
If it goes under 30, it's oversold turning green indicating a possible Buy.
It's another confirmation for trending lines to change direction.
In the picture, we have BTC in a 1D chart. You can see the correlation is strong (Not 100% though)
Blue Empire is a Trading Academy teaching people how to do Wave Analysis and one important indicator is the RSI.
If you want to know more about learning, PM me for more information.
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This is just an indicator, it doesn't predict the price. Use it at your own risk.
If it goes over 70, it's overbought turning red indicating a possible Sell.
If it goes under 30, it's oversold turning green indicating a possible Buy.
It's another confirmation for trending lines to change direction.
In the picture, we have BTC in a 1D chart. You can see the correlation is strong (Not 100% though)
Blue Empire is a Trading Academy teaching people how to do Wave Analysis and one important indicator is the RSI.
If you want to know more about learning, PM me for more information.
##################
This is just an indicator, it doesn't predict the price. Use it at your own risk.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。