This script plots the RSI and highlights overbought and oversold zones:

//@version=5

indicator("RSI Indicator for Binance", overlay=false)

// === INPUTS ===

rsiLength = input.int(14, title="RSI Period")

overbought = input.int(70, title="Overbought Level")

oversold = input.int(30, title="Oversold Level")

src = input.source(close, title="Source")

// === RSI CALCULATION ===

rsi = ta.rsi(src, rsiLength)

// === PLOT RSI ===

plot(rsi, color=color.blue, title="RSI")

hline(overbought, "Overbought", color=color.red)

hline(oversold, "Oversold", color=color.green)

hline(50, "Middle Line", color=color.gray)

// === BACKGROUND COLOR ALERTS ===

bgcolor(rsi > overbought ? color.new(color.red, 85) : na)

bgcolor(rsi < oversold ? color.new(color.green, 85) : na)

How to Use:

1. Open TradingView.

2. Open any Binance trading pair chart (e.g., BTC/USDT).

#indicador #Analaysis๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿš€ #coding #FOMCMeeting $BTC