OPEN-SOURCE SCRIPT

SOFTENED RSI DİFFRACTİON BANDS

Updated
This indicator takes the moving averages of the rsi values, gives signals in the lower and upper breaks, prevents the rsi upper threshold from signaling above a certain rsi value, as the rsi upper threshold value increases, the number of signals increases and the number of risky signals also increases. As the rsi upper threshold value decreases, the signals decrease and become better quality You can determine the most appropriate threshold value according to the commodity type.
bu indikatör rsi değerlerinin hareketli ortalamalarını alır alttan ve üstten kırılımlarında sinyal verir rsi üst eşiği belli bir rsi değerinin üstünde sinyal vermesini engeller rsi üst eşik değeri arttıkça sinyal sayısı artar aynı zamanda riskli sinyal sayısıda artar rsi üst eşik değeri azaldıkça sinyaller azalır ve daha kaliteli hale gelir emtia tipine göre en uygun eşik değerini belirleyebilirsiniz.
Release Notes
treshold update
bandsbreakdownMoving AveragesRelative Strength Index (RSI)

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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