RSI with Self-Adjusting Linear Regression Bands (Expo) makes use of RSI and Linear Regression to create an RSI that follows the current trend. The indicator has an upper and lower self-adjusting Linear Regression Band that act as RSI boundaries.
HOW TO USE
The indicator can be used in multiple ways, for instance, to find overbought and oversold areas. Or to...
Hello All. For a while this idea (showing RSI levels on the chart as a channel) was in my mind and finally today I developed the script. I hope it will be usefull for all.
Enjoy!
