OPEN-SOURCE SCRIPT

Double Smoothed Relative Strength Index

Updated
The Double Smoothed RSI Indicator was created by William Blau (Stocks & Commodities V. 9:5 (202-205)) and is a variation of the classic RSI using his Momenta Indicator and his Momenta RSI formula. I have color coded everything to make it very easy to determine buy and sell signals.

Let me know if you would like to see me write scripts for other indicators!
Release Notes
Changed the title
Release Notes
allowed someone to change the ob/os levels
Release Notes
updated to match my other indicators
Release Notes
fixed issue with default resolution
Release Notes
Updated to v5
blauCentered OscillatorsdoublesmoothingmomentumindicatorMomentum OscillatorsOscillatorsRelative Strength Index (RSI)rsi_divergencersidivergencersi_overboughtrsi_oversold

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.

Want to use this script on a chart?


I created the largest stock indicator library:
github.com/ooples/

Custom Indicator Requests:
forms.gle/ouMffZR3dQ8bSJQG7

Tips are appreciated:
paypal.me/cheatcountry
patreon.com/cheatcountry
Also on:

Disclaimer