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RSI Inertia

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Relative Strength Index (RSI) Inertia Indicator
123
5
relativestrengthindex inertia
Redline - vanilla RSI (where are we now)
Aqua - first difference/moment (how fast are we going)
Grey/Green - Second difference/moment (are we speeding up / slowing down?) aka Inertia
Release Notes:
a Pine 4 update. Previously-
RSI Inertia

a brief review:
  • Redline - vanilla RSI (where are we now)
    Aqua - first difference/moment (how fast are we going)
    Grey/Green - Second difference/moment (are we speeding up / slowing down?) aka Inertia
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.

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