OPEN-SOURCE SCRIPT

RSI adjusted SuperTrend

17 314
This script is a variation on the SuperTrend.
The original function is from Tradingview, the difference is that I added a calculation with RSI

First 50 is subtracted from the RSI.
The absolute value of this number is on its turn divided with 100 or 50 (settings: 'Divide RSI value by')
-> this gives the 'aRSI', which is similar to a percentage

Finally a last calculation is made:
- lower * 'aRSI' is subtracted from the lower band
- upper * 'aRSI' is added to the upper band

If you want to see the Regular ST -> Toggle 'Show Regular ST'

Settings:

- factor (for both SuperTrends)
- ATR length (for SuperTrends)
- RSI length (for 'RSI adjusted SuperTrend')

Cheers!


Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.