OPEN-SOURCE SCRIPT

CVD RSI [experiment]

Updated
This is not really a RSI not either a CVD. This is more like an experiment.

It's a RSI calculation applied on the CVD script i made (tradingview.com/script/SBqEJXgb-Not-really-a-CVD/) instead of a classic RSI based on candle close.

If you have any questions, feel free to ask.
Release Notes
- Now using the native RSI function
Release Notes
- minor changes
Release Notes
- You can now select the resolution on which you want to base the calculation. 1min is the default value. The higher the timeframe, the lower is the precision but the longer is the history.
Bitcoin (Cryptocurrency)CVDexperimentalRelative Strength Index (RSI)Volume

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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