OPEN-SOURCE SCRIPT

RSI Pacing

Diupdate
The RSI Pacing indicator compares the movement of the RSI directly with the movement of the asset to help identify divergences.

Bullish Divergences

  • The RSI is increasing at a greater rate than the pace of the asset.
  • The RSI is decreasing at a lesser rate than the pace of the asset.


Bearish Divergences

  • The RSI is decreasing at a greater rate than the pace of the asset.
  • The RSI is increasing at a lesser rate than the pace of the asset.


Warning: Does not yet work on higher timeframes yet. Working on getting the pace normalized to the RSI's bounds.
Catatan Rilis
Adjusted pace calculation to be relevant in all timeframes.
Catatan Rilis
Adjustments to interface
Catatan Rilis
Adjusted defval for lookback to make indicator less sensitive to abrupt fluctations.
Catatan Rilis
Separated PaceMA from RSIMA
Catatan Rilis
Updated Overbought/Oversold lines to be consistent with normalized RSI bounds.
Catatan Rilis
Added visual that shows the difference between the RSI and the pace.
DivergenceMoving AveragesRelative Strength Index (RSI)rsi_divergence

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