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Rainbow Collection - Blue
Slopes are an increasingly key concept in Technical Analysis. The most basic type is to calculate them on the prices, but also on technical indicators such as moving averages and the RSI.
In technical analysis, you generally use the RSI to detect imminent reversal moves within a range. In the case of the Blue indicator, we are calculating the slope of the market price and then calculating the RSI of that slope in order to detect instances of reversal.
The Blue indicator is therefore used as follows:
* A bullish signal is generated whenever the 21-period RSI of the 21-period market slope surpasses 30 after having been below it but remains below 35.
*A bearish signal is generated whenever the 21-period RSI of the 21-period market slope breaks 70 after having been above it but remains above 65.
The aim of the Blue indicator is to capture reversals as early as possible through a combination of slopes and entry techniques.
In technical analysis, you generally use the RSI to detect imminent reversal moves within a range. In the case of the Blue indicator, we are calculating the slope of the market price and then calculating the RSI of that slope in order to detect instances of reversal.
The Blue indicator is therefore used as follows:
* A bullish signal is generated whenever the 21-period RSI of the 21-period market slope surpasses 30 after having been below it but remains below 35.
*A bearish signal is generated whenever the 21-period RSI of the 21-period market slope breaks 70 after having been above it but remains above 65.
The aim of the Blue indicator is to capture reversals as early as possible through a combination of slopes and entry techniques.
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秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。