OPEN-SOURCE SCRIPT
Connors RSI (ValueRay)
Updated
In compare to Tradingview Connors RSI, in this one you can choose which of the parts of the CRSI you want see:
The Connors RSI is a technical indicator developed by Larry Connors. It combines three different elements - price momentum, relative strength, and mean reversion - to identify potential buy and sell signals. The indicator measures the level of overbought or oversold conditions in a security, aiming to generate signals for short-term trading opportunities. It is widely used by traders to assess the strength and direction of price movements and to identify potential entry and exit points in the market.
- RSI
- Connors RSI
- Up/Down RSI
- Percent Rank
The Connors RSI is a technical indicator developed by Larry Connors. It combines three different elements - price momentum, relative strength, and mean reversion - to identify potential buy and sell signals. The indicator measures the level of overbought or oversold conditions in a security, aiming to generate signals for short-term trading opportunities. It is widely used by traders to assess the strength and direction of price movements and to identify potential entry and exit points in the market.
Release Notes
- removed link (house rules policy)
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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