This script's purpose is to provide a really quick view of gain/loss of a buying price.
As it is my first script, it is not perfect.
You have to select % scale and input your buying price in the options.
I'll continue to work on it to :
- make an auto selection of % scale (if possible)
- render different colors...
This is a modified version of the base RSI indicator, which uses the Wilder's calculation with exponential MAs. This version uses simple MAs. Simple RSI is one of the indicators required for the Green Goose trading strategy, which you can learn about from OptionsPlayers.com .