OPEN-SOURCE SCRIPT
RSI featuring MACD on the Relative Divergence Index

Hello Traders,
This Indicator uses RSI output to form a MACDish type of indicator.
Raw RSI output is smoothed with a linear regression curve to form the indicator line.
The signal line is a simple moving average of the same output, the histogram or momentum is the difference between the signal and indicator line, just as MACD
The outer level lines are switched off in MACD modus, because they will 'compress' this indicator, removing them also allows the zero line to 'float'
If you change the length of this indicator you also have to re-adjust the outer level lines, if used.
I recommend this indicator especially on higher lengths (55 or 89) in so you won't get whipped out by a early cross-over or 'false' divergence.
Cheers Indicat...
This Indicator uses RSI output to form a MACDish type of indicator.
Raw RSI output is smoothed with a linear regression curve to form the indicator line.
The signal line is a simple moving average of the same output, the histogram or momentum is the difference between the signal and indicator line, just as MACD
The outer level lines are switched off in MACD modus, because they will 'compress' this indicator, removing them also allows the zero line to 'float'
If you change the length of this indicator you also have to re-adjust the outer level lines, if used.
I recommend this indicator especially on higher lengths (55 or 89) in so you won't get whipped out by a early cross-over or 'false' divergence.
Cheers Indicat...
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开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。