OPEN-SOURCE SCRIPT
v volume new RSI

so this is by far my best creation
the indicator is V volume which is similar to VPT ( my design) and after normalization we can make it to function as similar to RSI only much more accurate.
buy is above 20
sell above 80
have fun
please give remarks on how to make it better:)
the indicator is V volume which is similar to VPT ( my design) and after normalization we can make it to function as similar to RSI only much more accurate.
buy is above 20
sell above 80
have fun
please give remarks on how to make it better:)
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.