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Relative Strength Index & Stochastic RSI

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Relative Strength Index (RSI) Stochastic Oscillator rsi_stochasticrsi custom
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relativestrengthindex stochastic rsi_stochasticrsi custom
This script calculates both RSI (Relative Strength Index) and Stock (Stochastic) RSI Indicators, and plots them with a distinctive background on the same graph. The colors were chosen to be very easy on the eyes.


I published it as a way to give back to this community. Use your own judgement when trading, I am not responsible for any losses resulting from the use of my script.
Feel free to modify the script with no attribution.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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