RSI Exhaustion • Minimalist Trading

24 set 2018

The RSI Exhaustion is an essential replacement of the standard RSI indicator because it is able to identify and highlight hidden exhaustion levels.

The indicator is crucial, even to the novice trader, to accurately spot trend reversal or trend continuation opportunities particularly when the RSI is neither overbought nor oversold. Additionally, the RSI Exhaustion becomes helpful in confirming extreme overbought or oversold RSI conditions.

By identifying hidden exhaustion levels, the RSI Exhaustion indicator represents an essential support to the trader in effectively reading the market and taking only the best opportunities.

The indicator is available via subscription and you can enjoy a free trial. To know more about the indicator and start the trial simply visit the link below.

➡ Try the indicator

5 ago 2019

Note di rilascio

Algorithm optimization

18 apr 2020

Note di rilascio

Ability to display a Custom Channel and trigger alerts only when RSI is inside or outside the channel.

20 apr 2020

Note di rilascio

Update to alerts

2 mag 2020

Note di rilascio

Added support to decimal numbers to Custom Channel high/low levels

8 ago 2020

Note di rilascio

Update to the latest Pine version

1 apr 2023

Note di rilascio

• Combined exhaustion alerts
  
• Overall code optimization
  
• Update to Pine Script v.5
  

2 apr 2023

Note di rilascio

Bug fix to colors after update to Pine Script v.5