OPEN-SOURCE SCRIPT
colored Delta RSI
Classic RSI on seroids.
With a significantly redesigned visual style for instant perception of the current situation.
All possible features have been added:
Colored moving average, background color scheme, cycling chart, divergences, signal matrix, and, perhaps most importantly, RSI from delta and associated pressure.
The idea is to use the Delta Pressure (the difference between RSI and Delta-RSI) - the red zone in the center - to detect when the price is being manipulated.
With a significantly redesigned visual style for instant perception of the current situation.
All possible features have been added:
Colored moving average, background color scheme, cycling chart, divergences, signal matrix, and, perhaps most importantly, RSI from delta and associated pressure.
The idea is to use the Delta Pressure (the difference between RSI and Delta-RSI) - the red zone in the center - to detect when the price is being manipulated.
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.