OPEN-SOURCE SCRIPT
Bogdan Ciocoiu - Coordinator
Atualizado
Description
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.
Uniqueness
The Coordinator provides unique benefits, including:
Open-source
The Coordinator uses the following open-source scripts:
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.
Uniqueness
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).
Open-source
The Coordinator uses the following open-source scripts:
![RSI Cloud [DW]](https://s3.tradingview.com/t/tWQKRx68_mid.png)
Notas de Lançamento
This revision corrects a bug revealed by David, one of our members. The bug was related to the printing of circles/triangles.Notas de Lançamento
Removed the individual RSI as the interface became too congested.Notas de Lançamento
The default variables have been changed to support new joiners.Script de código aberto
No verdadeiro espírito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam compreendê-lo e analisá-lo. Parabéns ao autor! Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações é regida pelas Regras da Casa. Você pode favoritá-lo para usá-lo em um gráfico.
Quer usar esse script no gráfico?
Aviso legal
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