OPEN-SOURCE SCRIPT

RSI/MFI with Volatility Bands [GVD]

Updated
This is an edit of the LAzyBear script.

The script is adjusted to show both the RSI and the MFI on 1 chart.
Release Notes
Made it a bit more fancy.
Release Notes
Minor update
Release Notes
minor update (color coding)
Release Notes
minor update (color transparency)
Release Notes
Additional functionality

You can now

* plot the MFI, RSI or UO (jointly or seperately)
* choose whether to plot the BB + overbought/oversold indicator on the basis of the MFI, the RSI or the UO
Release Notes
minor bugfixing
Release Notes
minor update
Release Notes
Added stochastic RSI
Release Notes
User now has the option to select the ultimate overbought / oversold threshold
Release Notes
Added additional functionalities.

There are now 4 possibilities for highlighting overbought/oversold
Release Notes
minor edit
Release Notes
minor update
Release Notes
reduced the number of overbought/oversold options to 2 (from 4)
Release Notes
* added Fast-Slow Stochastic RSI Convergence/Divergence Histogram
MFIMoney Flow Index (MFI)Relative Strength Index (RSI)Ultimate Oscillator (UO)uo

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.

Want to use this script on a chart?

Disclaimer