capissimo

Preprosessed & Standardized RSI

Description:

This is a preprocessed and standardized version of RSI indicator. You can replace RSI with any other indicator of your choice. Use this code as a framework for your ideas.
Time Threshold parameter is useful in handling a repainting issue. By setting it to higher values you can effectively eliminate repainting!
Cumulative Return, Win/Loss and Win Rate are quick & dirty performance measures helpful in tuning parameters.

Enjoy!
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.

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Comments

Thanks a bunch for this code mate, really helpful!
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