RSI HistoAlert Strategy

This is simple indicator modified RSI Strategy
You can use in the xPrice any series: Open, High, Low, Close, HL2 , HLC3, OHLC4 and ect...
즐겨찾기 스크립트에서 빼기 즐겨찾기 스크립트에 넣기
//  Copyright by HPotter v1.0 07/08/2014
// This simple indicator modified RSI
// You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect...
study(title="RSI HistoAlert Strategy")
RSIPeriod = input(13, minval=1)
BuyAlertLevel = input(-10)
SellAlertLevel = input(10)
RSIHistoModify = input(1.5)
hline(0, color=purple, linestyle=line)
hline(BuyAlertLevel, color=green, linestyle=dashed)
hline(SellAlertLevel, color=red, linestyle=dashed)
xPrice = close
RSIMain = (rsi(xPrice, RSIPeriod) - 50) * RSIHistoModify
rsiHcolor = iff(RSIMain >= 0 , green,
        iff(RSIMain < 0, red, black))
pos =iff(RSIMain > BuyAlertLevel, 1,
	    iff(RSIMain < SellAlertLevel, -1, nz(pos[1], 0))) 
barcolor(pos == -1 ? red: pos == 1 ? green : blue )        
plot(RSIMain, color=blue, title="RSI HistoAlert")
plot(RSIMain, color=rsiHcolor, title="Histogram", style = histogram, linewidth  = 1)

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HPotter Armagan07
@Armagan07, Thank you.
how to use...
+6 응답
You mean crossing the preset alert lines? I altered them, they don't seem to correspond now. Is there another parameter I have edit as well when I change the alert line values?

+5 응답
HPotter Cryptocontinuum
@Cryptocontinuum, Yes. You can to change any parameters in the script for your best results.
Hello, very useful RSI tool. What is the correlation between the highlighted candlesticks and the RSI itself?

Thank you.
HPotter Cryptocontinuum
@Cryptocontinuum, Crosses buy and sell alerts lines.

very nice!!
iv replaced RSI with Zerolag RSI and filtered with linear regression to be smoother when i use values below 10
+6 응답
Looks good Glaz
Very Nice!
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