INVITE-ONLY SCRIPT
Janus ƩRSI
Updated
An overhaul to classical RSI
First version have 12 lag types to chose from, extreme conditions are highlighted with horizontal bands to be more intuitive.
Dynamics and signals vastly depend on filter used.
Main signals for current modes variate from self explanatory oscillators color change while moving out of extreme condition zone (overbought/oversold) to a brownish tint forming on impulse edges and representing S/R
Previous version hosted in tradingview bellow
tradingview.com/script/MI3cja2G-ƩRSI/
First version have 12 lag types to chose from, extreme conditions are highlighted with horizontal bands to be more intuitive.
Dynamics and signals vastly depend on filter used.
Main signals for current modes variate from self explanatory oscillators color change while moving out of extreme condition zone (overbought/oversold) to a brownish tint forming on impulse edges and representing S/R
Previous version hosted in tradingview bellow
tradingview.com/script/MI3cja2G-ƩRSI/
Release Notes
Added few filtered modes for Divergences. Release Notes
Update to V2Alternative Rsi mode
Improvements to divergences and their customization
Improvements for filters
Release Notes
Smoothened signal line (Top indicator in screens bellow is old version)Improved 1 confirm divs for all 3 positions (default now is 1 con instead of 2 ,change it back for safer signals)
Trend following should be easier and color change when exiting extreme conditions should provide more efficient signal
In case i get dm asking for old version back, i will add it as second alternative (legacy) mode
Release Notes
Added option to turn off global smoothening Invite-only script
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