RSI normalized by Bollinger Bands — Indicator by AlexeyFirsov

relativestrengthindex bollingerbands trendanalysis normalized

English.
RSI indicator with Bollinger Bands in one. Forgot oversold and overbought!

With BB and RSI you can dinamically saw when RSI is in critical values. And when you can see figure 'M' or 'W' in oscillator it means that current movement of impulse is down.

Русский.
RSI и Ленты Боллинджера в одном. Забудьте о тупых линиях перекупленности и перепроданности!
При работе в связке вы можете определять эти зоны динамически. И при формировании фигуры 'M' или 'W' на осцилляторе будет четко показано, что текущий импульс умер, надо выходить из сделки.

Example of usage (exit points) / Пример использования (точки выхода)

Open-source script

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