Shoes Off with BarefootJoeyđŁ
This episode explains the features & functionality of a custom Relative Strength Index (RSI) indicator for TradingView called "Hayden's Advanced RSI" [https://www.tradingview.com/script/R5lNnNRk-Hayden-s-Advanced-Relative-Strength-Index-RSI/]. It describes how the indicator calculates RSI, identifies trends, and uses trend lines, divergences, and stochastic signals to provide insights into market conditions. It also outlines rules for recognizing trends and potential reversals.
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