Tradespot - Accum/RSI

Tradespot - Accum/RSI

A unique volumed based RSI ( gold ) overlayed on-top of the standard RSI (Red) that has the ability to show interesting divergences that represent accumulations.

Regular RSI trending down & our unique RSI trending sideways/up? This exact situation happened in June 2020 for BTC and showcased an accumulation range that retail was getting shaken out of.. BTC then went to 5X from there.

There are no signals with this indicator, the information is presented and you must derive from it what you can, with divergences being one strategy.

Want to know more or have questions? Come join the Tradespot community here, or send me a message on TradingView.

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Invite-only script

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