This is the Relative Strength Index (RSI) for the Jackrabbit suite and modulus framework.
This indicator supports differential timeframe analysis and confirmational bias. Dynamic timeframes are supported.
This is an update view of RSI and supports traditional overbought/sold boundaries and cross over regions. There is also an added smoothing ability to enhanced analysis.
The main indicatior and the confirmational indicator can both be individually tuned for the fast, and slow moving averages with different and independent lengths and 30 different moving average types:
SMA, Double SMA, Triple SMA,
EMA, Double EMA, Triple EMA,
RMA, Double RMA, Triple RMA
WMA, Double WMA, Triple WMA,
VWMA, Double VWMA, Triple VWMA,
Hull, Double Hull, Triple Hull,
ZLEMA, Double ZLEMA, Triple ZLEMA,
SWMA, Double SWMA, Triple SWMA,
SSMA, Double SSMA, Triple SSMA,
SMMA,Double SMMA, Triple SMMA
All moving averages can also have their own source input: Open, Close, High, Low, HL2, HLC3, and OHLC4
The Jackrabbit modulus framework is a plug in play paradigm built to operate through TradingView's indicator on indicatior (IoI) functionality. As such, this script receives a signal line from the previous script in the IoI chain, and evaluates the buy/sell signals appropriate to the current analysis. The results are either combined with the signal line, or used as confirmation to the signal line. A new signal line is generated for the next script in the link.
Buy/Sell alerts are produced by the main Jackrabbit script, or the modulus AlertSystem script. This script is not designed or meant to function outside my framework and contains no alert capabilities.
By default, the signal line is visible and the charts are turned off. Signal line visibility is controlled by the Style tab, and the charts display is controlled by the indicator settings tab.
This script is by invitation only. To learn more about accessing this script, please see my signature or send me a PM. Thank you.