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RSI Extreme Retest [josseliani]

RSI Extreme Retest identifies a two-stage momentum reversal structure inside the RSI oscillator.
The first stage begins when RSI reaches an upper or lower extreme. This initial entry into the overbought or oversold zone is not treated as a reversal signal.
After the first extreme, RSI must cool down to a configurable level. The indicator then waits for RSI to return to the corresponding retest zone without significantly breaking the first RSI peak or bottom.
A confirmed second signal appears after RSI begins moving away from the retest area in the opposite direction.
If RSI reaches the opposite extreme zone before the retest is completed, the previous setup is cancelled.
Users can choose to display either the first extreme signal or only the second confirmed retest signal.
The indicator can be used on any timeframe, and alerts can be created for both the initial and confirmed signals.
Confirmed second signals can also be displayed as arrows directly on the price chart.
The first stage begins when RSI reaches an upper or lower extreme. This initial entry into the overbought or oversold zone is not treated as a reversal signal.
After the first extreme, RSI must cool down to a configurable level. The indicator then waits for RSI to return to the corresponding retest zone without significantly breaking the first RSI peak or bottom.
A confirmed second signal appears after RSI begins moving away from the retest area in the opposite direction.
If RSI reaches the opposite extreme zone before the retest is completed, the previous setup is cancelled.
Users can choose to display either the first extreme signal or only the second confirmed retest signal.
The indicator can be used on any timeframe, and alerts can be created for both the initial and confirmed signals.
Confirmed second signals can also be displayed as arrows directly on the price chart.
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開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。