Sharingtrade56

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 funciton
Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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