Indicator Description

 

Here is Advanced RSI Helper. An advanced RSI represented in a candle-type chart. It includes Stochastic Bands, a Pivot Detector (High-Low), and efficient RSI divergences. You also have the option of placing alerts for Divergences or when the RSI exceeds the Upper or Lower zone limits.

 

Advanced RSI Helper in action on a selected financial instrument.

Screenshot from the Advanced RSI Helper Settings menu.

    Complete list of features included in this indicator:

  • Stochastic Bands: Shows volatility and momentum through stochastic bands.
  • Pivots: Identifies key high and low points for potential trend reversals.
  • RSI Divergences: Detects divergences between price and RSI for potential trading signals.

All options come with default settings that can be customized based on the specific market instrument you are analyzing. You can also configure alerts to be notified whenever a new signal is generated by the indicator. These alerts are condition-based, allowing you to selectively enable or disable specific alerts according to your trading strategy.

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