OPEN-SOURCE SCRIPT
EMA Drift

Just a fun little oscillator I made that measures the drift from the EMAs and adds it to an exponential RSI.
It came from an idea that drift from moving averages were a good indicator of overbought/oversold, so I added it to an altered RSI.
Will keep tweaking it to get it just right.
It came from an idea that drift from moving averages were a good indicator of overbought/oversold, so I added it to an altered RSI.
Will keep tweaking it to get it just right.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
OP
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
OP
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.