OPEN-SOURCE SCRIPT
Quick Overview - 5m

Inspired by Option Stalker Pro, it shows RS/RW on 15m and 30m.
Meant to be used on the 5m chart.
Ideally you want to have RS/RW on as many time scales as possible!
More infos: https://www.reddit.com/r/RealDayTrading/comments/1f2p3hb/from_38_to_81_after_18_months_24_indicators/
Meant to be used on the 5m chart.
Ideally you want to have RS/RW on as many time scales as possible!
More infos: https://www.reddit.com/r/RealDayTrading/comments/1f2p3hb/from_38_to_81_after_18_months_24_indicators/
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.