OPEN-SOURCE SCRIPT
RSI or MFI %B
Plots where RSI or MFI is inside its Bollinger Bands. Various strategies: good to see the trend (above/below average), overbought/oversold conditions (you could work a strategy around RSI getting out of overbought/oversold conditions as shown in the screenshot), divergences, etc...
I will also publish a Bollinger Bands width of RSI to identify areas of squeeze in volatility
Enjoy!
I will also publish a Bollinger Bands width of RSI to identify areas of squeeze in volatility
Enjoy!
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