OPEN-SOURCE SCRIPT
Price Acceleration Convergence Divergence [PACD]
Updated
this indicator plots the acceleration of the price using the derivatives of RSI. Data is plotted just like the MACD. use this indicator like the MACD. enjoy
Release Notes
Adde the option to plot the RSI accelerationRelease Notes
added hlines to help identify support/resistanceRelease Notes
added OB and OS hlines for the RSI accelerationOpen-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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