OPEN-SOURCE SCRIPT

Ehlers Ideal RSI v1.0 by JustUncleL

Created by Request: Description: This is an implementation of Dr. Ehlers Ideal RSI. It uses a Homodyne Discriminator to calculate the dominate cycle of the trend and then uses the half cycle as the length for the RSI calculation.

Main Reference:
- "jstas.com/RSI/RSI ideaal.htm" it's in Dutch, use Google translate
ehlersTechnical IndicatorsRelative Strength Index (RSI)

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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JustUncleL

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