OPEN-SOURCE SCRIPT

RSI with Hybrid HTF

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DESCRIPTION:
  • This script calculates a Hybrid RSI using a checkpoint system to store data only at new bars of a selected timeframe (HTF).
  • It allows accurate RSI computation inside the running HTF candle while maintaining precision.
  • I have used simple calculation defination RSI from built-in and also RMA. I have applied a checkpoint system to reset values based on the selected timeframe



NOTES:
  • This script calculates RSI using a hybrid system that correctly processes higher timeframe RSI values within the running candle.
  • The script is non-repainting, transparent, and allows accurate real-time RSI calculations.
  • This study is for educational purposes only and should not be considered financial advice.

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