OPEN-SOURCE SCRIPT
RSI Trend
Updated
RSI Hull Trend is a hybrid indicator with RSI of HULL Signal. The Hull MA is combined with RSI to see if the Hull MA Buy/Sell Signal is in overbought or oversold condition. Buy Sell Signals are plotted based on settings of OB/OS or RSI. This indicator is very useful to see if the Trend is in Exhaustion or Beginning of a Trend. Entry and Exit conditions can be more precise based on OB/OS condition of price action. In addition normal RSI trend is plotted with trend color from Hull MA. Best Performance with Heiken Ashi Candles.
- OB/OS Settings provided
- Hull Buy/Sell Signals plotted
- Double RSI FAST and DEFAULT signal with crossover
- Bar Color applied based on Hull RSI Trend
- Hull Trend + RSI + Price Action
Release Notes
removed OB/OS filter for buy sell signalsRelease Notes
Sideways / Ranging Market Highlight Option Provided.Helps detect sideways price movement.
Release Notes
:)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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