OPEN-SOURCE SCRIPT
Updated Relative Strength Improved (Premal Parekh ASR Version)

This script is improved over the existing script developed by Mr. modhelius
I have added ASR Concept of Mr. Premal Parekh.
This script will remove manual calculation of Trading Days from ASR Date.
I have added ASR Concept of Mr. Premal Parekh.
This script will remove manual calculation of Trading Days from ASR Date.
Release Notes
Corrected the days calculation for the ASR Date according to Trading SessionsRelease Notes
Corrected the Shortform of ARSRelease Notes
Corrected the script.Release Notes
Updated colors for better visibilityRelease Notes
Added SRS in the same Indicator.Release Notes
Updated ARS Date to 3rd August 2021Release Notes
Updated script with New ARS Date (1st Dec 2022) published by Premal Parekh Sir.Release Notes
New ARS date. 16th Feb 2023
Sorry for late update.
Release Notes
Added feature to update SRS PeriodOpen-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.