OPEN-SOURCE SCRIPT
RSI - (R.A Trader)
Of course. Here is a descriptive text in English for the custom RSI indicator, written for the students of R.A. Trader.
The R.A. Trader Custom RSI Indicator
1. Overview
Welcome, students of R.A. Trader!
This is the official custom Relative Strength Index (RSI) indicator designed specifically to support the analytical methods taught by Rudá Alves. This tool replaces the standard RSI with a specialized configuration, providing a more nuanced view of market momentum that aligns directly with the R.A. Trader strategy.
Its purpose is to help you quickly and accurately identify key zones of strength, weakness, and potential market exhaustion.
The R.A. Trader Custom RSI Indicator
1. Overview
Welcome, students of R.A. Trader!
This is the official custom Relative Strength Index (RSI) indicator designed specifically to support the analytical methods taught by Rudá Alves. This tool replaces the standard RSI with a specialized configuration, providing a more nuanced view of market momentum that aligns directly with the R.A. Trader strategy.
Its purpose is to help you quickly and accurately identify key zones of strength, weakness, and potential market exhaustion.
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.
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.
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.