RAVI [Albert] — Indicator by Albert

RAVI

ravi

Script, made by Albert, shows RAVI indicator before calculating absolute value.

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.

Want to use this script on a chart?

//
// @author LazyBear
// If you use this code in its orignal/modified form, do drop me a note. 
// 
study(title = "RAVI [Albert]", shorttitle="RAVI_A")
short=input(7)
long=input(65)
src=close
ravi=(sma(src, short) - sma(src, long)) / sma(src,long)
hline(0)
plot(ravi, style=area)