Golden Scalping RSI

Indicator is free for this week only. Next week, it will be priced at $50, and there will be a series of exciting and powerful updates to further enhance the indicator's performance.

indicator doesn't require much explanation. It is based on complex calculations from the RSI (Relative Strength Index) and integrates several moving averages. Watch its performance closely and combine it with your other indicators or trading strategies. It’s recommended to observe it during sideways trend zones and support/resistance levels. It will be highly beneficial for short-term trades by tracking price movements and colored clouds.

This indicator won’t let your emotions interfere with your trades. So, leave your emotions aside and pay attention to the indicator.

The 30 line is crucial: trades below this level are favored when it's confirmed broken downward, and trades above it are preferred when it's broken upward. However, be cautious and track the indicator's movement to seize scalping opportunities swiftly.

Be a keen Seizing opportunities , as the indicator's purpose is to highlight short-term opportunities through your observation of RSI movements, cloud colors, and breakouts.

Watch for the RSI breaking through the clouds and their colors. Pay close attention to the type of candlesticks that may form above or below the clouds. Look out for reversal and engulfing candlesticks, which could be beneficial and are visible on the RSI since i've replaced its line with candlestick shapes for better analysis.

I wish you success in your trading, and please don't forget to leave a review and feedback!

Indicator customizable settings:

RSI Period: Set the number of periods for the RSI calculation. Default is 14.

Price Type: Choose the price type on which the RSI is calculated. The default is the close price.

Step Size: Adjust the step size in percentage for more precise control over RSI changes. Default is 0.01%.

Maximum Bars: Define the number of historical candles the indicator will consider. Default is 2000.

Value responsive signals. Default is 0.1.