A modified RSI that also allows smoothing. Designed to better get you into trends, both long and short compared to the standard RSI.
The 20, -20 and 0 lines work well for both entries and exits in either direction.
Visual style can be adjusted if you just want a line, histogram or area, I've added a few options.
this script is the triple exponential smoothed moving average with integrated bull and bear power bar.
the default values are based around the GVT token, experimenting with other values may work against other alts.
how to use:
-if the signal wave crosses above the power bar the trend is up
-if the signal wave crosses below the power bar the trend is down.
The " ORTI Donchian Channels V1 (Static Timeframe Multi-Period) ” is public script, based into an existing study named "Donchian Channels", but with some better functions about time frame and its measurament. As a redesigned and recalculated set of the common plotted average, a trend-following indicator that shows the relationship between a security’s price and...