Get started
tonymontanov

Multi-indicator by TonyMontanov

tonymontanov  
Volume Relative Strength Index (RSI) Trend Analysis
32
0
volumestudies relativestrengthindex trendanalysis
The indicator was made at the request of the subscriber of the "The trader sometimes answers"

The indicator displays:
1. Anomalous spikes in volume (i.e. the value of the volume is greater than the moving average of the volume plus a few standard deviations
2. Crossing moving averages
3. Crossing the MRSI zero line

The user can change the settings:
1. Types of moving average
2. Length sliding average
3. Number of volume standard deviations
4. Display mode
5. Index ticker
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.

Want to use this script on a chart?