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OptionBigBull Custom MK_RSI Indicator

OptionBigBull Custom MK_RSI Indicator

ThinkorSwim Indicatoradvanced

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.

Curriculum (5 lessons)

Lessons5 lessons
  • 1Introduction1 min
  • 2RSI - Relative Strength Index2 min
  • 3MK_RSI Indicator2 min
  • 4Install ThinkScript study code2 min
  • 5Trade example - AMZN $23,000 profit in 10 min5 min