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RSI Channel Trigger
"RSI Channel Trigger" uploaded image
"RSI Channel Trigger" uploaded image
"RSI Channel Trigger" uploaded image
Since 03/10/2024
143
Sales
31.99K
Free installs

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From Market Structure & Liquidity to Smart Exit Systems & Predictive Tools - we've built EVERY tool you need for consistent.

👉 Access All 25+ PROVEN Systems:

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·     🧱 Order Block

·     ⚖️ Market Imbalance

·     ⛓️ BOS & CHOCH

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·     🌀 Market Polarity Zones

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·     🔍 ZigZag Price LiquidityProjection

·     🧭 S&R Structural ZigZag

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·     🟩 SmartTrend Support &Resistance Lines

·     🧱 All Support and ResistanceLevels

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·     ⭐ PREMIUM SSL CHANNEL

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💧 Volume & Liquidity Tools

·     🔥 Volume POC Heatmap

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·     🕒 Fair Value Gap Sessions

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Momentum & RSI Indicators

·     📈 RSI Trend Trigger

·     🚀 Dynamic Range Momentum

·     🔎 Multi-Level Candle Bias
Tracker

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🔮 Prediction & Projection Tools

·     📐 Prediction Based on Linreg& ATR

·     📏 Fibonacci Linear RegressionMulti-timeframe

·     📈 Volume-Powered Market Flow Projector_________________________

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RSI CHANNEL TRIGGER: 📶

What it is: An indicator that calculates the RSI(period) and visually marks momentum zones when the RSI crosses the overbought/oversold thresholds (default 70/30). ✅

https://chartshots.spotware.com/c/69278f8b6d973

Logic: When a threshold is crossed, it creates a "zone" based on the high/low of the candle at the moment of the crossover. It then: 🧠

  • Colors the candles inside that zone.
  • Draws a channel (high, low, mid).
  • Marks the crossover on the RSI panel with a circle and a label.
    The zone lasts for exactly MinZoneDuration bars. ⏱️

Clear signals:

  • Crossover above Overbought → initiates a bullish zone. 🟢
  • Crossover below Oversold → initiates a bearish zone. 🔴
    The zone itself is an area of interest, not an order.

https://chartshots.spotware.com/c/69278fb274e0b

How to use (quick):

  1. Wait for the zone to form. 🎯
  2. Confirm with price action (breakout/rejection from the channel lines).
  3. Enter with a stop loss outside the zone and a target at the mid-channel line or a defined Risk/Reward ratio.

 

https://chartshots.spotware.com/c/69278fe76237b

Key Parameters: ⚙️

  • RSI Period (14)
  • Overbought (70)
  • Oversold (30)
  • MinZoneDuration (15)
  • Configurable colors 🎨
Indicator profile
0.0
Reviews: 0
Customer reviews
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Products available through cTrader Store, including trading bots, indicators and plugins, are provided by third-party developers and made available for informational and technical access purposes only. cTrader Store is not a broker and does not provide investment advice, personal recommendations or any guarantee of future performance.

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Since 03/10/2024
143
Sales
31.99K
Free installs