RSI Precision Trend Candles [Loxx]

24 ביולי 2022

RSI Precision Trend Candles [Loxx] is a candle coloring indicator that uses an average range algorithm to determine trend direction. The precision trend algorithm can be used on any calculated output to tease out interesting trend information.

What is RSI?
The relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of a security's recent price changes to evaluate overvalued or undervalued conditions in the price of that security.

The RSI is displayed as an oscillator (a line graph) on a scale of zero to 100. The indicator was developed by J. Welles Wilder Jr. and introduced in his seminal 1978 book, New Concepts in Technical Trading Systems.

Included

• Bar coloring
  
• Signals
  
• Alerts
  
• Loxx's Expanded Source Types
  

24 ביולי 2022

הערות שחרור

Removed unused inputs.