Relative Aggregate Strength Oscillator — Indicator by EsIstTurnt

oscillator relativestrengthindex momentum aggregated combination candles mixed combo oscillatorcandles edit

Credits to
@wolneyaa - "Mean Deviation Detector - Throw Out All Other Indicators"
And
@algomojo - "Responsive Coppock Curve"
And the default Relative Strength Index

The candles are the average of the MFI ,CCI ,MOM and RSI values presented as candles, they seemed similar enough in style to me so I created candles out of each and the took the sum of all the candle's OHLC values and divided by 4 to get an average.
In the Background we have @wolneyaa's - "Mean Deviation Detector - Throw Out All Other Indicators" in blue
along with @algomojo's - "Responsive Coppock Curve" in red and green.

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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