INVITE-ONLY SCRIPT
RSI Exhaustion • Minimalist Trading
Updated
The RSI Exhaustion is an essential replacement of the standard RSI indicator because it is able to identify and highlight hidden exhaustion levels.
The indicator is crucial, even to the novice trader, to accurately spot trend reversal or trend continuation opportunities particularly when the RSI is neither overbought nor oversold. Additionally, the RSI Exhaustion becomes helpful in confirming extreme overbought or oversold RSI conditions.
By identifying hidden exhaustion levels, the RSI Exhaustion indicator represents an essential support to the trader in effectively reading the market and taking only the best opportunities.
The indicator is available via subscription and you can enjoy a free trial. To know more about the indicator and start the trial simply visit the link below.
➡ Try the indicator
The indicator is crucial, even to the novice trader, to accurately spot trend reversal or trend continuation opportunities particularly when the RSI is neither overbought nor oversold. Additionally, the RSI Exhaustion becomes helpful in confirming extreme overbought or oversold RSI conditions.
By identifying hidden exhaustion levels, the RSI Exhaustion indicator represents an essential support to the trader in effectively reading the market and taking only the best opportunities.
The indicator is available via subscription and you can enjoy a free trial. To know more about the indicator and start the trial simply visit the link below.
➡ Try the indicator
Release Notes
Algorithm optimizationRelease Notes
Ability to display a Custom Channel and trigger alerts only when RSI is inside or outside the channel.Release Notes
Update to alertsRelease Notes
Added support to decimal numbers to Custom Channel high/low levelsRelease Notes
Update to the latest Pine versionRelease Notes
- Combined exhaustion alerts
- Overall code optimization
- Update to Pine Script v.5
Release Notes
Bug fix to colors after update to Pine Script v.5Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact a.b for more information, or follow the author's instructions below.
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Author's instructions
″You can try the RSI Exhaustion and the other Minimalist Trading indicators by requesting a trial on https://minimalisttrading.com
Want to use this script on a chart?
Warning: please read before requesting access.
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📈 MINIMALIST TRADING INDICATORS
💚 1-Week FREE Trial: minimalisttrading.com
❤️ Trading videos (YouTube): bit.ly/MT-Channel
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