J-Streak

(JS) RSI Divergence Volume Weighted (v1.0)

This indicator is meant to expand upon the current RSI format by adding more variables into the equation. The standard RSI is based off one value that you select (open, close, OHLC4, HLC3, etc.) while this version takes 3 variables into account. 1st - it takes the standard variable that RSI normally uses. 2nd - it factors RSI divergence into the plot by taking the RSI movement % and price movement % to form a ratio. Using this ratio, I duplicated the RSI formula and created a divergence RS to be factored in with the standard price RS. And finally, the 3rd variable is Relative Volume (which I have made adjustable). When calculating for the average up and average down numbers needed to form RS in the original equation, this indicator multiplies the appropriate average based on if it's a green or red day (going into the divergence RS, not the original one). On green days, the green average is multiplied by the relative volume, and on red days, the red average is multiplied by relative volume. What this does, is add to moves with confirmation volume and make moves on no volume weaker - rendering a more precise and effective result. I plan on adding to this, but this is my 1st indicator I've published, so Ihope you enjoy it.
保護スクリプト
このスクリプトは保護スクリプトとして公開されていますが、利用することができます。お気に入りに登録してチャート上でご利用頂けます。但しこのスクリプトのソースコードを閲覧したり変更することはできません。
免責事項

これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。

チャートでこのスクリプトを利用したいですか?