OPEN-SOURCE SCRIPT

JKSW Strength momentum index v2

Based on increasing and decreasing strength, this indicator will give a good indication of when a short or long opportunity is available.
Relative Strength Index (RSI)SMI

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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