This is a simple textbox display indicator that presents the RSI (Relative Strength Indicator) in a textbox and is color-coded to represent whether it is currently in a bullish signal mode or bearish signal mode.
The RSI is a very useful indicator that can be used in several different ways. This simple textbox display of the RSI is only presenting on useful feature: If the 14 SMA (simple moving average) of the RSI is crossed by the RSI to the upside, the textbox turns green. If the RSI crosses below its 14 SMA, it turns red.
Regardless of the bullish/bearish status of the RSI, the display will show the current RSI value.
UPD: Changed the EMA of RSI to SMA.