OPEN-SOURCE SCRIPT
Elder's Force Index Function (with source)
TradingView has built in functions for RSI, Momentum, and many other oscillators. Why the source isn't available for Elder's Force Index is beyond me. To me it's one of the Holy Grail indicators. This is EFI indicator with a simple function inside the source code. You're can easily copy this function into any study(indicator) or strategy that uses built-in oscillators, as a replacement.
Example using EFI instead of RSI in built-in Divergence Indicator:
gyazo.com/afe9f7e779c41564300912cd0ed54e01
//Discord: Sheldon#7775
//Server: discord.gg/t2JTnAa
Example using EFI instead of RSI in built-in Divergence Indicator:
gyazo.com/afe9f7e779c41564300912cd0ed54e01
//Discord: Sheldon#7775
//Server: discord.gg/t2JTnAa
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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Disclaimer
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