Heiken Ashi RSI KillZone

Introducing the Heiken Ashi RSI Kill-Zone by CoffeeShopCrypto.

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The Heiken Ashi RSI Kill-Zone indicator is a breakthrough tool designed to unravel the common myths surrounding RSI and trend analysis in the world of technical trading. It challenges the traditional concepts of RSI interpretation, offering traders a clearer, real-time view of market dynamics that was previously elusive. Here's how it changes the game: 

The True Midline: The RSI 50 level is often considered the midline, but markets are too fluid for a fixed midline to be accurate. It should fluctuate with market conditions, and without this fluctuation, knowing if you're above or below it was nearly impossible. Until today... 

True Midline: The fluctuating midline allows you to see whether RSI is bullish, even at lower levels on the chart, offering you a nuanced view of market sentiment.

RSI True Trend Colors: RSI typically averages past values, so it often works against its own movements. When it diverges from its average, how would you identify the real trend? Until today...

RSI True Trend Colors: This indicator ensures that even if RSI dips within a bullish area, as long as it's colored bullish, it's likely just a pullback within a continuing uptrend. 

The RSI Kill Zones: As the RSI moves up or down, passive traders enter, but what about the aggressive ones who can shift market sentiment quickly? Their actions were nearly invisible. Until today...

Kill Zones: These zones highlight where RSI accumulates its greatest energy, showing when buyers and sellers enter or exit. You'll have a clear visual of their activity, helping you avoid false long moves and understand when either side becomes dominant. 

High Timeframe RSI: Switching between chart timeframes is a constant struggle, especially for price action traders. A 14-period RSI on a 5-minute chart doesn't match a 14-period RSI on an hourly chart. And wanting a 1-hour RSI on a lower timeframe chart meant waiting for that hourly candle to close. Until today...

High Timeframe RSI Values: No more waiting for a higher timeframe candle to close. This indicator provides real-time high timeframe RSI values on lower timeframe charts, so you can see the high timeframe RSI across all charts instantly.