OPEN-SOURCE SCRIPT

Triple Exponentially Smoothed RSI by Mauritz van der Walt

4 356
Triple Exponentially Smoothed RSI by Mauritz van der Walt

If you like this idea, find it useful or use it anywhere please inform me @ tradingview.com/u/mauritzwalt/

I use the RSI primarily for divergences and was in need for something more smooth to spot divergences easier without adding too much lag. Therefor I decided to use a Triple Exponential Moving Average (TEMA) to achieve this. /

The settings for all three EMA are exposed. After smoothing I rescale the value between 0 and 100 using the stochastics technique.

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.