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
Main Reference:
- "jstas.com/RSI/RSI ideaal.htm" it's in Dutch, use Google translate
JustUncleL
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 publications is governed by House rules. You can favorite it to use it on a chart.
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JustUncleL
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.