OPEN-SOURCE SCRIPT
[LAVA] Early Warning Indicator
Updated
Combined the RSI inverse of gold to USD with the Dollar index (or whatever stock symbol that may be inverted/complementary) with another asset/currency, like bitcoin, you can basically be well informed when a potential move is on the horizon. Settings allow for inverse settings and de-combining the two pairs as well as a nice cloud look if all the lines get annoying.
Release Notes
Figured it was time to update this script. Especially since I haven't done it since they implemented the "update existing script" feature.Release Notes
Figured it was time to update this script. Especially since I haven't done it since they implemented the "update existing script" feature.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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