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OPEN-SOURCE SCRIPT
Updated

CSRS

10 931
Candlesticked RSI for price action traders!
See the True Momentum.


You can smooth RSI to remove noises and also find divergences.

fully customizable.
Release Notes
Bugs fixed.


also
  • You can see the index in a separate frame from your main frame
  • Liner chart added

Release Notes
Small Improvement.
Release Notes
Allerts added

You can set allert for reaching to the 20, 30 [Lower zone] / 70, 80 [Upper zone]
Release Notes
Bug fixes and improvements

also
  • Siwi candles chart added.


In the study of price actions, the shorter wick of a candle is usually much less important, and the long wick contains information about the buying and selling pressure.
In this mode, the amount of shorter wick reduced from larger and the result is pure wick, which is added to the side to which the long wick belonged.
Release Notes
A small error was corrected
Release Notes
New alert

You can set alert for divergence detection
Release Notes
CSRS v2 has been released with many enhancements and features
visit my script page

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

Algorca
Candlestick AnalysisDivergenceRelative Strength Index (RSI)rsi_divergence

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.
Candlestick AnalysisDivergenceRelative Strength Index (RSI)rsi_divergence

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

Algorca

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.