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PROTECTED SOURCE SCRIPT

RSI Scaling

By Sharingtrade56
Updated
RSI Scaling Indicator

  • Objective - Use for entry action

  • Description - RSI Scaling is the introduction of price to scaling it into 1 Standard deviation. Since the price scaling in general has a wide distribution of data, we need to scaling the data to reduce fragmentation. After that, bring the price data that has been made standardization into the RSI Model.

  • Applications - The principle of RSI Scaling is to use it as an executed order

  • Recommendation - RSI Scaling should be used in conjunction with indicators used to filter trend. for example Supertrend
Release Notes
Adding | simple moving average to RSI calculation funciton
Relative Strength Index (RSI)

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This script is published closed-source and you may privately use it freely.

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Sharingtrade56

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