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OPEN-SOURCE SCRIPT
Updated

Relative Strength Index (RSI) + Stochastic RSI

Combined plot of RSI and StochRSI
Release Notes
Please check out my other indicators sets and series, e.g.
  • LIVIDITIUM (dynamic levels),
  • AEONDRIFT (standard deviation bands),
  • FUSIONGAPS (MA based oscillators),
  • MAJESTIC (Momentum/Acceleration/Jerk Oscillators),
  • PRISM (PSAR based oscillator, with RSI/StochRSI as well as Momentum/Acceleration/Jerk indicators),
  • and more to come.

Constructive feedback and suggestions are welcome.
Release Notes
Introduced a number of new features: i.e. plots rescaling options & auto-normalisation, and a couple of tweaks.
Release Notes
Introduced bar color indicator of oscillator states (can be Enabled/Disabled).
Release Notes
Swapped bullish/bearish candles color-tint (blue<>yellow) such that now:
  • Yellow tint = Bullish
  • Blue tint = Bearish
Release Notes
Allows Custom Stochs Source.
Release Notes
Added volume weighted options.
Release Notes
  • Allows selection of resolution.
Release Notes
  • Introduced divergence for both RSI and STOCHs (can be manually enabled/disabled).

  • Note: Stochs can be modulated by RSI, candle closing, or other user selectable inputs.
Release Notes
Fixed typos.
Release Notes
Introduced k-d crossover indicator (can be Enabled in the settings).
cybernetwork
aeondriftfusiongapslividitiummajesticMomentum OscillatorsOscillatorsoverboughtoversoldprismRelative Strength Index (RSI)Stochastic OscillatorStochastic RSI (STOCH RSI)strength

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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cybernetwork

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