Bogdan Ciocoiu - Coordinator

The Coordinator is an indicator developed on the back of the RSI algorithm, modified substantially to form a cloud. In addition, the Coordinator uses EMA / SMA to compare the location of the RSI cloud with the chosen moving averages ( EMA vs SMA ).

This indicator is helpful as it confirms when a trader should enter a position or exit based on the proximity of the RSI cloud to the relevant MA.

The Coordinator provides unique benefits, including:
  • It shows the strength of the RSI in the shape of the RSI cloud, using two sets of dimensions (one more long term and one more short-term oriented).
  • It indicates the positioning of the RSI cloud in conjunction with the relevant moving averages to help traders remain in positions for longer.
  • It shows the RSI 14 (useful when spotting divergences aligned with the price action).

The Coordinator uses the following open-source scripts:
版本注释: This revision corrects a bug revealed by David, one of our members. The bug was related to the printing of circles/triangles.
版本注释: Removed the individual RSI as the interface became too congested.
版本注释: The default variables have been changed to support new joiners.

本着真正的TradingView精神,该脚本的作者将其开源发布,以便交易者可以理解和验证它。为作者喝彩!您可以免费使用它,但在出版物中重复使用此代码受网站规则的约束。 您可以收藏它以在图表上使用。