This indicator applies the RSI formula over the TRIX indicator to get the TRIX RSI. The EMA and the TRIX RSA cross gives you an indication for a trend change
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 publications is governed by House rules. 您可以收藏它以在圖表上使用。