dman103

RSI Histogram

This an experiment to visualise the famous RSI indicator within a Histogram.
Opposed to regular RSI this RSI is plotted into a Histogram and uses different scales (100 to -100), in addition it has the ability to smooth the RSI with various moving averages like HMA , JMA and KAMA .

About RSI:
The RSI measures recent performance of a given stock against its own price history performance, by combining the average gain or loss a particular security owns over a predetermined time period. 

Bars can be colored in Settings (Disabled by default)

Enjoy and like if you like :)
Skrip sumber terbuka

Dalam semangat TradingView yang sebenar, penulis skrip ini telah menerbitkannya dengan menggunakan sumber terbuka supaya pedagang-pedagang dapat memahami dan mengesahkannya. Sorakan kepada penulis! Anda dapat menggunakannya secara percuma tetapi penggunaan semula kod ini dalam penerbitan adalah dikawalselia oleh Peraturan Rumah. Anda boleh menyukai skrip ini untuk menggunakannya pada carta.

Ingin menggunakan skrip ini pada carta?
Appreciation of my work: https://paypal.me/dman103

Premium Pivot Points Algo Indicator: https://www.tradingview.com/script/LFBaHNuA-Pivot-Points-Algo/

Komen

This is amazing! Could you add the OB/OS lines for the RSI as well in line mode?
Balas
Thanks. I added this to my favorite scripts and will try using it to spot divergences. Is that its primary purpose or is there more to it than that?
Balas
dman103 Skipper86
@Skipper86, Hey, Yes, you can use it to spot divergences, it's basically an RSI plotted as an histogram with different scales including the ability to smooth the result with a Moving average.
+1 Balas