PROTECTED SOURCE SCRIPT
NFCI RSI Indicator

National Financial Condition Index (NFCI) RSI Indicator
*Use on the 1W chart.
NFCI moves approximately inverse to BTC/TOTAL.
Crossover between the inverse NFCI and its EMA provides some signal.
Calculating the RSI of the spread between the NFCI and it's EMA provides cleaner long term signals.
Conditions:
Long - RSI EMA cross above 50
Short - RSI EMA cross below 50
*Use on the 1W chart.
NFCI moves approximately inverse to BTC/TOTAL.
Crossover between the inverse NFCI and its EMA provides some signal.
Calculating the RSI of the spread between the NFCI and it's EMA provides cleaner long term signals.
Conditions:
Long - RSI EMA cross above 50
Short - RSI EMA cross below 50
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.