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OPEN-SOURCE SCRIPT

Variety RSI of Adaptive Lookback Averages [Loxx]

By loxx
Variety RSI of Adaptive Lookback Averages [Loxx] uses an adaptive lookback algorithm in order to determine dynamic length inputs to get used to smooth the input price source before calculating your choice of 6 different types of RSI. This ALB algorithm counts bars back until X many swing counts are reached.

Included:
  • Bar coloring
  • 2 signal variations w/ alerts
adaptiveadaptivelookbackharrisrsijurikpivotrapidrsiRelative Strength Index (RSI)Relative Volatility Index (RVI)RSXswing
loxx
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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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