PROTECTED SOURCE SCRIPT
Early Reverseal Signal Indicator (ERSI). [Fournier-Eaton]
ERSI: EARLY REVERSAL SIGNAL INDICATOR
ABOUT:
Default settings are generally suited to 1 month chart with 30min candle
Gray -> Red = SELL
RED -> Gray = BUY
Early Alerts: crossover of black and red lines.
ABOUT:
- ERSI is an dynamically sensitive trend-strength oscillator.
- ERSI uses a weighted best-fit synthesis of volume metrics, money flow , and self-adjusting lengths and look-backs to capture optimal buy and sells signals.
- ERSI default settings are optimized for a 1-month view, 30m candle
Default settings are generally suited to 1 month chart with 30min candle
Gray -> Red = SELL
RED -> Gray = BUY
Early Alerts: crossover of black and red lines.
Protected script
This script is published closed-source and you may privately use it freely.
Want to use this script 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.