I need a good RSI indicator with alerts when it is overbought or oversold... THanx In advance
I do not have an indicator however I like to combine the RSI over brought - oversold with the bollingers
The RSI is a perhaps the most popular of all technical oscillators, in that it provides an easy to interpret indication of possible market turning point and trend strength.
these two are what you are looking for in RSI. They also have alerts and colors for the rsi movements. They are both very good.