OPEN-SOURCE SCRIPT
Relative Strength Index Ex
Updated
Enhanced RSI with an additional SMA line plotted with default period of 12. The default period for RSI is set to 12 and the regular MA line period to 4.
Release Notes
Added horizontal lines at 55 (Resistance) & 45 (Support).Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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