This is a Stochastic RSI measurement that averages four different RSI lengths in order to catch short length as well as longer length trends. The lengths are intentionally chosen to give you periods between 1 to 4 days on the 1hr and proportionally further back by increased period.
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 publications is governed by House rules. You can favorite it to use it on a chart.
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