[LAVA] Early Warning Indicator by Ni6HTH4wK

relativestrengthindex forex bitcoin gold usd dollar xauusd dxy

Combined the RSI inverse of gold to USD with the Dollar index (or whatever stock symbol that may be inverted/complementary) with another asset/currency, like bitcoin, you can basically be well informed when a potential move is on the horizon. Settings allow for inverse settings and de-combining the two pairs as well as a nice cloud look if all the lines get annoying.

Release Notes:

Figured it was time to update this script. Especially since I haven't done it since they implemented the "update existing script" feature.

Release Notes:

Figured it was time to update this script. Especially since I haven't done it since they implemented the "update existing script" feature.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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