OPEN-SOURCE SCRIPT

RSI Inertia

Updated
Redline - vanilla RSI (where are we now)
Aqua - first difference/moment (how fast are we going)
Grey/Green - Second difference/moment (are we speeding up / slowing down?) aka Inertia
Release Notes
a Pine 4 update. Previously-
RSI Inertia


a brief review:
  • Redline - vanilla RSI (where are we now)
    Aqua - first difference/moment (how fast are we going)
    Grey/Green - Second difference/moment (are we speeding up / slowing down?) aka Inertia

Inertia IndicatorRelative Strength Index (RSI)

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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Disclaimer