OPEN-SOURCE SCRIPT
Aktualisiert

Asset risk metrics

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Measures distance from a said source (high, close, open, ohlc4...) to last all time high, divided by the relative strength index . You are able to compare it to RSI or an RSI moving average (several types included). Default values are intended to be used on weekly timeframe , but serves as well on daily without changing much of the settings.

Feel free to edit/adapt the code, would love feedback on it.
Versionshinweise
Added VWAP version of RSI, may be useful for some people. I find it quite interesting.
Versionshinweise
Changed options names and default precision, nothing important
Versionshinweise
Migrated to v6, should work as ever did. Changes will come to the formula of the risk, no longer depending solely on last ATH or RSI, but on different oscillators.

I want to adapt this indicator to more assets, and right now it doesnt look at its best.

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