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Early Reverseal Signal Indicator (ERSI). [Fournier-Eaton]

ERSI: EARLY REVERSAL SIGNAL INDICATOR



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.

ersiOscillatorsTrend Analysis

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This script is published closed-source and you may privately use it freely.

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