OPEN-SOURCE SCRIPT
Double Relative Strength Index
Double RSI plotted at 14 and 2 lengths simultaneously, and with different oversold/overbought limits.
RSI 14 is great for detecting divergence/convergence between the price and RSI action, whilst RSI 2 add timing accuracy in trade entry.
RSI 14 is great for detecting divergence/convergence between the price and RSI action, whilst RSI 2 add timing accuracy in trade entry.
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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