ortiemm

ORTI Triple RSI (Static Timeframe Multi-Period)

The "Orti Triple Relative Strength Index (Static Timeframe Multi-Period)” is a private script, based into an existing study named "Orti Relative Strength Index (Static Timeframe Multi-Period)", but with some better functions about time frame and its measurement.

The cherry on the top, is when you want to get a predetermined count in a natural “units of time" as minutes, hours or days, in any graph you could get a static average, and this count will be automatically respected. For example, an average could be configured to know a trend per day, week or month... or whatever comes to mind, and at every single chart that you move through (5m, 15m, 1h, 4h, etc), you will see the same average to make your own "trend analysis" into a micro/macro market view.

The Relative Strength Index is a Momentum Indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset. The RSI is displayed as an oscillator (a line graph that moves between two extremes) and can have a reading from 0 to 100.

The average gain or loss used in the calculation is the average percentage gain or losses during a lookback period. Traditional interpretation and usage of the RSI is that values of 70 or above indicate that a security is becoming overbought or overvalued and may be primed for a trend reversal or corrective pullback in price. An RSI reading of 30 or below indicates an oversold or undervalued condition.

For more technical information look at Investopedia.
Note: The previous calculation example is not the default, the parameters can be adjusted according to the criteria of the merchant.
Notas de prensa: Bug Fixed!
Notas de prensa: Withdrawn all the lines of overselling and overbuying zones, for a better displacement in the graph.
Notas de prensa: Bug fixed
Notas de prensa: Bug fixed.
Notas de prensa: Bug fixed
Notas de prensa: New features added!
Notas de prensa: New features disabled.

Thanks for all your support during the trial period. =)
Script solo mediante invitación

El acceso a este script está restringido a los usuarios autorizados por el autor y, por regla general, es de pago. Puede añadirlo a sus favoritos, pero solo podrá usarlo si solicita permiso al autor y éste le autoriza. Póngase en contacto con ortiemm para obtener más información o siga las siguientes instrucciones del autor.

TradingView sugiere que no utilice ni pague un script si no confía totalmente en su autor o cuando no comprenda su funcionamiento. En muchos casos, puede encontrar una buena alternativa de código abierto de forma gratuita en nuestra Biblioteca pública.

Instrucciones del autor

El autor de este script ya no puede otorgar acceso al mismo. Rogamos que no solicite el acceso.

¿Quiere utilizar este script en un gráfico?

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