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RSI Return Study

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Ever wonder what happens after the RSI hits an extreme level on your favorite ticker? This indicator answers that question historically.

What it does:

  • Finds every instance where the RSI crossed a user-defined trigger level
  • Measures the forward price return N trading days later
  • Displays each signal date and return in a clean table
  • Plots labels on the chart at each signal location
  • Shows the average return across all historical signals


How to use:

  • Set "When RSI Touches..." to your oversold level (e.g. 25) or overbought level (e.g. 75)
  • Set "Calculate Return Days Later" to how many trading days forward you want to measure
  • Works on any timeframe — bar count is automatically calculated for you
  • Adjust "Max Results/Labels to Display" to control how much shows on the chart


Notes:

  • All signals are included in the average regardless of the display limit
  • Set "Min Bars Between Signals" to 0 to count every RSI cross, or increase it to reduce clustering during volatile periods

版本注释
Added the ability to see more than one forward return. For example, can now input
"1D,3D,7D" or
"5D,1M,3M,6M,1Y"

Can support up to 5 forward returns.

免责声明

这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。