OPEN-SOURCE SCRIPT
TRIX RSI - Tripple Exponetial Relative Strength (TRSI)
Updated
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 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.
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.