Double Smoothed Relative Strength Index — Indicator by cheatcountry

centeredoscillator oscillator relativestrengthindex blau rsi_oversold rsi_overbought momentumindicator momentumoscillator rsidivergence rsi_divergence doublesmoothing

The Double Smoothed RSI Indicator was created by William Blau (Stocks & Commodities V. 9:5 (202-205)) and is a variation of the classic RSI using his Momenta Indicator and his Momenta RSI formula. I have color coded everything to make it very easy to determine buy and sell signals.

Let me know if you would like to see me write scripts for other indicators!

Release Notes:

Changed the title

Release Notes:

allowed someone to change the ob/os levels

Release Notes:

updated to match my other indicators

Release Notes:

fixed issue with default resolution

Release Notes:

Updated to v5

I created the largest stock indicator library:
github.com/ooples/

Custom Indicator Requests:
forms.gle/ouMffZR3dQ8bSJQG7

Tips are appreciated:
paypal.me/cheatcountry
patreon.com/cheatcountry

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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