EXPERIMENTAL: renko based rsi
study("[RS]RRSI", overlay=false) // ||--- // ||--- Renko Source decay = input(125) * syminfo.mintick cc = round(close/decay) rprice = cc*decay predosc = nz(ropen[1], rprice) ropen = close > predosc + decay ? rprice : close < predosc - decay ? rprice : predosc // ||--- // ||--- rrsi = rsi(ropen, input(14)) nrsi = rsi(close, 14) plot(rrsi, style=line, color=black, linewidth=1) plot(nrsi, style=line, color=black, linewidth=1) hline(70, color=maroon) hline(50) hline(30, color=green)