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root.gidra

Gidra's SRSI

root.gidra Updated   
Oscillators Relative Strength Index (RSI) Moving Averages Exponential Moving Average (EMA)
41
2
oscillator relativestrengthindex movingaverage ema
The indicator shows the crossing of the FastRSI line and the EMA (FastRSI ).
If FastRSI > EMA (FastRSI )- green background
If FastRSI < EMA (FastRSI ) - red background

This indicator can be used to filter other indicators in your trading strategy
Release Notes:
fsma = ema(frsi, 5) ---> fsma = ema(frsi, lengthMA)
Release Notes:
Add lengthRSI_MA= input(5, minval=1)
Release Notes:
Del FastTrueRangeMt = input(1, minval=1, step=0.1)
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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