OptionBigBull Custom MK_RSI Indicator

Momentum oscillator Relative Strength Index (RSI) , which was developed by J. Welles Wilder, measures the speed and change of price movements. We have modified RSI indicator for all markets to display accurate results. This custom MK_RSI indicator helps all kind of traders and investors.

The range for this custom RSI indicator is 0 to 100, but the BULLISH ZONE begins at 60 and turns Overbought at 85 and above. And the BEARISH ZONE  begins at 40 and turns Oversold below 15.