RSI Support and Resistance Finder [JV] V1

2020년 11월 10일

Hi Traders.

In my never ending obsession with Support and Resistance , I built an indicator to show the last Support and Resistance Lines based on RSI .

The indicator draws a new Support Line when RSI comes out of oversold and a new Resistance Line when RSI comes out of overbought.
It also shows a panel with the current Support and Resistance Levels.

It's a pretty decent indicator to detect Entry / Exit / Take Profit levels.
This indicator is not to be used as a stand-alone indicator. Add your favourite indicator to get confirmations.

RSI length and overbought / oversold levels can be adjusted in Settings.

Any suggestions or remarks are more than welcome!