OPEN-SOURCE SCRIPT
Updated TRIX RSI - Tripple Exponetial Relative Strength (TRSI)
This indicator applies the RSI formula over the TRIX indicator to get the TRIX RSI.
The EMA and the TRIX RSA cross gives you an indication for a trend change
The EMA and the TRIX RSA cross gives you an indication for a trend change
Release Notes
cleaned up the code a bitOpen-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.