Volume RSI

This is a script about the RSI for the Volume Trend, with this indicator we can help us to watch the force of a volume trend (not price). Some times this can help us to clarify the change of the direction.

This is a continuation of the:

ideas, comments and suggestions (or corrections).They are always welcome
Remove from Favorite Scripts Add to Favorite Scripts
study("Volume RSI", shorttitle="VRSI")
//Volume RSI
//Analisis de resistencia relativa para la tendencia del Volumen
// devicemxl --> TradingView Site
sh = input(14, title="RSi",minval=1)
lo = input(28, title="Signal",minval=1)
smo = input(1, title="Smooth",minval=1)
/// Values

volumex=volume//*(close>close[1] ? 1 : -1)
V_CLOSE = close*volumex
V_HIGH  = max(max(high*volumex,V_CLOSE),V_OPEN)
V_LOW   = min(min(low*volumex,V_OPEN),V_CLOSE)
V_HL2   = ( V_HIGH + V_LOW ) / 2

plot(RS2,color = #FA8072, linewidth=2)
plot(RS3,color = blue)
hline(50, title="Axis", color=gray, linestyle=dashed,linewidth=2)
sc=hline(60, title="Climax", color=silver, linestyle=dotted)
ei=hline(70, title="", color=silver, linestyle=solid)
sv=hline(40, title="Exaust", color=silver, linestyle=dotted)
pp=hline(30, title="", color=silver, linestyle=solid)
fill(ei,pp, color=silver)
fill(sc,sv, color=gray)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out