PROTECTED SOURCE SCRIPT
Updated RSI Scaling
RSI Scaling Indicator
- Objective - Use for entry action
- Description - RSI Scaling is the introduction of price to scaling it into 1 Standard deviation. Since the price scaling in general has a wide distribution of data, we need to scaling the data to reduce fragmentation. After that, bring the price data that has been made standardization into the RSI Model.
- Applications - The principle of RSI Scaling is to use it as an executed order
- Recommendation - RSI Scaling should be used in conjunction with indicators used to filter trend. for example Supertrend
Release Notes
Adding | simple moving average to RSI calculation funcitonProtected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.