21.05.2024
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RSI Bands, RSI %B and RSI Bandwidth


https://www.tradingview.com/script/zWq2YfzA-RSI-Bands-RSI-B-and-RSI-Bandwidth/


======== RSI Bands ========

= Geliştirici: LazyBear

= Yazar: Kripex

=======================


study("RSI Bands [LazyBear]", shorttitle="RSIBANDS_LB", overlay=true)

obLevel = input(70, title="RSI Overbought")

osLevel = input(30, title="RSI Oversold")

length = input(14, title="RSI Length")

src=close


ep = 2 * length - 1

auc = ema( max( src - src[1], 0 ), ep )

adc = ema( max( src[1] - src, 0 ), ep )


x1 = (length - 1) * ( adc * obLevel / (100-obLevel) - auc)

ub = iff( x1 >= 0, src + x1, src + x1 * (100-obLevel)/obLevel )

x2 = (length - 1) * ( adc * osLevel / (100-osLevel) - auc)

lb = iff( x2 >= 0, src + x2, src + x2 * (100-osLevel)/osLevel )


plot( ub, title="Resistance", color=red, linewidth=2)

plot( lb, title="Support", color=green, linewidth=2)

plot( avg(ub, lb), title="RSI Midline", color=gray, linewidth=1)



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