{"id":1021741,"date":"2022-07-26T02:23:24","date_gmt":"2022-07-26T09:23:24","guid":{"rendered":"https:\/\/www.tradingheroes.com\/?p=1021741"},"modified":"2022-12-04T14:38:47","modified_gmt":"2022-12-04T21:38:47","slug":"rsi-alerts-tradingview","status":"publish","type":"post","link":"https:\/\/www.tradingheroes.com\/rsi-alerts-tradingview\/","title":{"rendered":"How to Setup RSI Alerts on TradingView"},"content":{"rendered":"

There are many trading strategies that use the Relative Strength Index (RSI)<\/strong> indicator.<\/p>\n

Traders have come up with creative and profitable ways to use this indicator and it's available on every trading platform.<\/p>\n

However, what's not<\/em> available on every platform is the ability to get alerts when RSI hits signal levels.<\/p>\n

Luckily, there's a great solution.<\/em><\/p>\n

TradingView<\/a> provides RSI alerts standard on their trading\/charting platform.<\/p>\n

In this tutorial, you'll learn the benefits of using these alerts, how to set them up and a great RSI alerts alternative if you prefer to use another platform.\u00a0<\/strong><\/p>\n

Benefits of Using TradingView for RSI Alerts<\/h2>\n

The biggest benefit to using TradingView is that your alerts are hosted on their server, so you don't have to keep your computer on all day.<\/p>\n

Even if you did use your own computer, it could go to sleep, your internet connection might go down, and there could be a power outage.<\/p>\n

With TradingView<\/a>, you don't have to worry about any of those things.<\/p>\n

When your money is on the line, you want to be sure that you're aware of every single trading opportunity.<\/p>\n

How to Setup TradingView to Send RSI Alerts<\/h2>\n

Start by opening a chart and clicking on the Indicators<\/em> button.<\/p>\n

Search for the Relative Strength Index<\/strong> indicator and select it.<\/p>\n

\"Add<\/p>\n

You will now see the indicator on your chart.<\/p>\n

Then right-click on the RSI line and click on the Add alert on RSI<\/em> menu option.<\/p>\n

\"RSI<\/p>\n

 <\/p>\n

You'll then see the alert settings window.<\/p>\n

Set the alert as follows.<\/p>\n

If you use 2 alert lines, like the 70\/30 or the 80\/20, then you'll have to setup 2 alerts.<\/p>\n

Here's how to setup an alert on the 30 line.<\/p>\n

\"RSI<\/p>\n

Check the boxes next to the alerts that you want to receive.<\/p>\n

That's it!<\/p>\n

You will now get RSI alerts via the methods that you selected in the settings.<\/p>\n

It's best to download the mobile app to your phone or tablet, and use the Notify on app<\/em> option.<\/p>\n

That way, you can get alerts anywhere.<\/p>\n

TradingView RSI Alerts Alternative<\/h2>\n

TradingView is a paid platform and may not be within the budget of all traders.<\/p>\n

So if you don't want to pay for TradingView<\/a>, then luckily there are some alternatives.<\/p>\n

My favorite alternative is MetaTrader.<\/p>\n

It's free to download and it's a solid piece of software.<\/p>\n

The downside is that you cannot get RSI alerts on the stock version of MetaTrader.<\/p>\n

However, we have created custom indicators that will send RSI alerts to your phone, email or your computer.\u00a0<\/strong><\/p>\n

You only have to pay a small price for them once, unlike the monthly recurring charge of TradingView. The only downside is that you have to leave your computer on all the time to get alerts.<\/p>\n

If that works for you, then see our MetaTrader RSI alert indicators here<\/a>.<\/p>\n

\"RSI<\/p>\n

Trading Strategies that Use RSI<\/h2>\n

There are several strategies that use the RSI indicator as it's primary indicator.<\/p>\n

You may have your favorite already, but here are some ideas that you may want to explore in backtesting.<\/p>\n