Technical analysis by riverratred about Symbol XLM on 3/22/2025

//version=5indicator("RSI Candles with Entries", overlay=false)// Calculate RSIrsi = ta.rsi(close, 14)// Track RSI OHLC valuesvar float rsi_open = navar float rsi_high = navar float rsi_low = navar float rsi_close = naif barstate.isnew rsi_open := rsi rsi_high := rsi rsi_low := rsielse rsi_high := math.max(rsi_high, rsi) rsi_low := math.min(rsi_low, rsi)rsi_close := rsi// Define entry levelsobLevel = 70osLevel = 30// Entry conditionsshortCondition = (rsi_high >= obLevel) and (rsi_close < rsi_open)longCondition = (rsi_low <= osLevel) and (rsi_close > rsi_open)// Visual settingscandle_color = rsi_close > rsi_open ? color.green : color.red// Plot RSI candlesplotcandle(rsi_open, rsi_high, rsi_low, rsi_close, "RSI Candles", candle_color, candle_color)// Plot entry signalsplotshape(shortCondition, style=shape.triangledown, color=color.red, location=location.abovebar, size=size.small, title="Short Entry")plotshape(longCondition, style=shape.triangleup, color=color.green, location=location.belowbar, size=size.small, title="Long Entry")// Plot reference lineshline(obLevel, "Overbought", color=color.red, linestyle=hline.style_dotted)hline(osLevel, "Oversold", color=color.green, linestyle=hline.style_dotted)