OPEN-SOURCE SCRIPT

RSI to 50 (decimal version) - TemujinTrading

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Simple indicator that shows the price levels required for the RSI to get to the value of 50.

What I observe is 50 rsi often acts as support or resistance and is a fair indication of bullish/bearish sentiment and price action and bounce/rejection levels.

It provides a table showing current time frame, 4 hr, daily, weekly describing the current rsi value and the price needed for that rsi to get to 50. This table is colored red when bearish at the time frame and green when bullish (as per <50 rsi or >50rsi).

Plots historical lines of each previous candle in the series showing how price interacts.

Updated script to allow manual input of price decimals to enable more assets price to be viewable in the table format.

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