I have conflicts with my lower and upper indicator. For example on AUDC daily chart it shows a green up arrow on 11/3 on the lower indicator, but on the upper indicator it shows nothing.ON 13 MARCH it shows a green up arrow in the upper indicator, but a green line below the RSI oversold, but then it shows a green up arrow 17 MAR with a yellow dot, with a yellow dot on the upper indicator indicating caution. The upper indicator doesn't always match the lower indicator. It does have red arrows pointing down once it crosses into overbought on the lower indicator. # Squeeze Relationship (RSI and IV) #ĭef RSIIV = if percentile - RSI >= 40 and RSI = 30 and RSI > 32 and RSI < 40, 1, Double.NaN) ĭef CAUTION = if RSIIV1 then 50 else Double.nan ĪddLabel(yes, if RSIIV then “HOT” else if RSIIV1 then "CAUTION" else " ", if RSIIV then color.RED else if RSIIV1 then color.YELLOW else Color.BLACK) ĪssignBackgroundColor(if RSIIV then color.RED else if RSIIV1 then color.YELLOW else I loaded both, I see a second RSI, but the overbought is highlighted red and the oversold highlighted green.
#AddCloud(percentile, rsi, Color.RED, Color.CURRENT) #HOTZONE-RSI: RSI-IV_percentile indicatorĭef UpSignal = if RSI crosses above OverSold then OverSold else Double.NaN ĭef DownSignal = if RSI crosses below OverBought then OverBought else Double.NaN ĭef data = if !isNaN(vol) then vol else vol ĭef Percentile = (data - lo) / (hi - lo) * 100 #developed by Chewie76 with help from FateOwnzYou 9-30-2020ĭef NetChgAvg = MovingAverage(averageType, price - price, length) ĭef TotChgAvg = MovingAverage(averageType, AbsValue(price - price), length) ĭef ChgRatio = if TotChgAvg != 0 then NetChgAvg / TotChgAvg else 0 ĭef data = if !IsNaN(vol) then vol else vol ĭef Percentile = ((data - lo) / (hi - lo) * 100) * -1 ĪddLabel(yes, if H then “HOT” else if C then "CAUTION" else " ", if H then color.RED else if C then color.YELLOW else Color.BLACK) ĪssignBackgroundColor(if H then color.RED else if C then color.YELLOW else color.black)
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