OPEN-SOURCE SCRIPT

Commodity Channel Index + Relative Strength Index (Same Scale)

Aktualisiert
Mashup, combining (adjusted) RSI and CCI.

These two indicators serve similar functions, but on different scales. I combined the two versions from the TradingView Built-In library into one chart, keeping the default setting for the CCI signal lines and fitting the RSI's default signal lines to them, so that they line up. I therefore adjusted the RSI to match the approximate range of the CCI and added additional lines to represent the maximum and minimum values of the RSI (0 - 100).

I did that by multiplying the RSI with 5, and subtracting 250.

Adjusted RSI = (RSI * 5) - 250

So the upper signal line (default: 70) now matches the line used for the CCI at 100. The lower signal line (default: 30) lines up with -100.
If you want to adjust them, you need to use the formula. I annotated the code if you want to dive deeper.

This indicator uses the original code and styling of the default Built-In RSI and CCI. Credit goes to the appropriate developers. My only intent is to mash up both of these indicators, making it easier to compare them.

Interpreting this indicator is the same as interpreting the underlying indicators. If you find any unexpected correlations, comment.
Versionshinweise
Changed preview chart. It now shows examples with annotations. Ignore code changes, added annotation because I had to change something for it to let me update.
Versionshinweise
Updated code to comply with current PineScript guidelines. Changed default appearance slightly. (Still customizable through "Style Menu")
Centered OscillatorsCommodity Channel Index (CCI)mashupOscillatorsRelative Strength Index (RSI)Trend Analysis

Open-source Skript

Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?

Haftungsausschluss