Jurik Trend Strength [Jwammo12] — Indicator by jwammo12

Relative Strength Index (RSI) Centered Oscillators

relativestrengthindex centeredoscillator

This is uses Jurik's smoothing on Jurik's RSX to create the Jurik Trend Strength indicator from MT4.

I used the JMA_RSX code from lazy bear and the Jurik Moving Average from everget.

Release Notes:

Adds alert conditions for trend indicator color changes

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

Want to use this script on a chart?