ALMA RSI

Relative Strength Index indicator which uses Arnaud Legoux Moving Average inside instead of Wilder's Exponential Moving Average (RMA).
This makes it more reactive and also smoother without less false positive signals. It is much easier to find divergences this way.
This makes it more reactive and also smoother without less false positive signals. It is much easier to find divergences this way.
PyneCore ( pynecore.org ) - open-source Python framework with Pine Script compatibility.
PyneComp ( pynesys.io ) - deterministic Pine Script compiler to Python
Trading Myth Busting ( youtube.com/playlist?list=PLQof9krQGr-g )
PyneComp ( pynesys.io ) - deterministic Pine Script compiler to Python
Trading Myth Busting ( youtube.com/playlist?list=PLQof9krQGr-g )
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
PyneCore ( pynecore.org ) - open-source Python framework with Pine Script compatibility.
PyneComp ( pynesys.io ) - deterministic Pine Script compiler to Python
Trading Myth Busting ( youtube.com/playlist?list=PLQof9krQGr-g )
PyneComp ( pynesys.io ) - deterministic Pine Script compiler to Python
Trading Myth Busting ( youtube.com/playlist?list=PLQof9krQGr-g )
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.