Webull Webby RSI Lower Indicator

MakePlays

New member
Platform
  1. TradingView
Code:
study(title="Webby RSI", shorttitle="Webby") 
emaLength = input(title="EMA Length", type=input.integer, defval=21) 
smaLength = input(title="SMA Length", type=input.integer, defval=10) 
webbyRSI=((low/ema(close,emaLength))-1)*100 webbyP=iff(webbyRSI>0 , webbyRSI,0) 
wRsma=sma(webbyRSI,smaLength) wRsmaP=iff(wRsma>0, wRsma,0) 
graphColor=iff(webbyP>2,color.green,color.red) plot(wRsmaP, title="SMA", color=color.purple,linewidth=2) 
plot(webbyP,title="Webby", style=plot.style_columns,color=graphColor) 
hline(price=2, title="Weak", color=color.green, linestyle=hline.style_dotted, linewidth=2) 
hline(price=4, title="Medium", color=color.yellow, linestyle=hline.style_dotted, linewidth=2) 
hline(price=6, title="Strong", color=color.red, linestyle=hline.style_dotted, linewidth=2)
 
Last edited by a moderator:

MakePlays

New member
Code:
study(title="Webby RSI", shorttitle="Webby")
emaLength = input(title="EMA Length", type=input.integer, defval=21)
smaLength = input(title="SMA Length", type=input.integer, defval=10)
webbyRSI=((low/ema(close,emaLength))-1)*100 webbyP=iff(webbyRSI>0 , webbyRSI,0)
wRsma=sma(webbyRSI,smaLength) wRsmaP=iff(wRsma>0, wRsma,0)
graphColor=iff(webbyP>2,color.green,color.red) plot(wRsmaP, title="SMA", color=color.purple,linewidth=2)
plot(webbyP,title="Webby", style=plot.style_columns,color=graphColor)
hline(price=2, title="Weak", color=color.green, linestyle=hline.style_dotted, linewidth=2)
hline(price=4, title="Medium", color=color.yellow, linestyle=hline.style_dotted, linewidth=2)
hline(price=6, title="Strong", color=color.red, linestyle=hline.style_dotted, linewidth=2)
This is a Webull Custom Script that works really nice on the Larger TF.
 
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