kaya4938

Kaya RSI BASED INFLATION INDICATOR

kaya4938 Updated   
Use your own risk.
This indicator aims look inflation of your emita according to the BTC and XAU. Also you can use Dxy too. The main idea of behind of this indicator is rsi. But not normal rsi :).
For example. If green(XAU) line upper then xau going to up better than BTC and your emita. If red line (BTC) is upper, thats mean buying BTC can be more profitably. Blue line (named Normal means this is your emita) is upper that mean your emita is can be more profitably than the others. You can think opposite for lower situations.
Be aware this is not mean percent rising or declining. This is just understanding for which of them (relatively) moving how according to the rsi.
Maybe it can using for positons too. But I didnt test it. So be carefull.
Best Regards.
Release Notes:
Marketcap of USDT Added.

Be aware,

There is Rsi in calculations and you can choose your rsi period.

But this isnt mean this lines is rsi. There is also moving avarage calculation in this indicator.

If you have a question or an opinion contct with me.
Release Notes:
UKOIL and ETH added.
Release Notes:
You can use any emita in this indicator.
BTC, XAU, SP500, DXY, UKOIL, ETH and USDT.
Just choose them from Stil.
Release Notes:
USDCHF added.
And dont forget Normal mean your emita on the chart.
Release Notes:
Colors changed.
Release Notes:
SPX changed with US500 for gaps.
Release Notes:
EURUSD added to pairs enjoy it...
Release Notes:
USDTRY added.
Release Notes:
GBPUSD, YFIUSDT, CRYPTOCAP:TOTAL added enjoy it.
Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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