OPEN-SOURCE SCRIPT
Updated Price Acceleration Convergence Divergence [PACD]
this indicator plots the acceleration of the price using the derivatives of RSI. Data is plotted just like the MACD. use this indicator like the MACD. enjoy
Release Notes
Adde the option to plot the RSI accelerationRelease Notes
added hlines to help identify support/resistanceRelease Notes
added OB and OS hlines for the RSI accelerationOpen-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.
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.
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.
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.