OPEN-SOURCE SCRIPT
TOTAL:(RSI+TSI)
TOTAL:(RSI+TSI)
This indicator collects instant data of RSI and TSI oscillators. RSI moves between (0) and (100) values as a moving line, while TSI moves between (-100) and (+100) values as two moving lines.
The top value of the sum of these values is graphically;
It takes the total value (+300) from RSI (+100), TSI (+100) and (+100).
The lowest value of the sum of these values is graphically;
It takes the value (-200) from the RSI (0), (-100) and (-100) from the TSI.
In case this indicator approaches (+300) graphically; It can be seen that price candlesticks mostly move upwards. This may not always give accurate results. Past incompatibilities can affect this situation.
In case this indicator approaches (-200) graphically; It can be seen that price candlesticks mostly move downwards. This may not always give accurate results. Past incompatibilities can affect this situation.
The graphical movements and numerical values created by this indicator do not give precise results for price candles.
This indicator collects instant data of RSI and TSI oscillators. RSI moves between (0) and (100) values as a moving line, while TSI moves between (-100) and (+100) values as two moving lines.
The top value of the sum of these values is graphically;
It takes the total value (+300) from RSI (+100), TSI (+100) and (+100).
The lowest value of the sum of these values is graphically;
It takes the value (-200) from the RSI (0), (-100) and (-100) from the TSI.
In case this indicator approaches (+300) graphically; It can be seen that price candlesticks mostly move upwards. This may not always give accurate results. Past incompatibilities can affect this situation.
In case this indicator approaches (-200) graphically; It can be seen that price candlesticks mostly move downwards. This may not always give accurate results. Past incompatibilities can affect this situation.
The graphical movements and numerical values created by this indicator do not give precise results for price candles.
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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