RSI Pacing

The RSI Pacing indicator compares the movement of the RSI directly with the movement of the asset to help identify divergences.

Bullish Divergences

• The RSI is increasing at a greater rate than the pace of the asset.
  
• The RSI is decreasing at a lesser rate than the pace of the asset.
  

Bearish Divergences

• The RSI is decreasing at a greater rate than the pace of the asset.
  
• The RSI is increasing at a lesser rate than the pace of the asset.
  

Warning: Does not yet work on higher timeframes yet. Working on getting the pace normalized to the RSI's bounds.

Versionsinformation:

Adjusted pace calculation to be relevant in all timeframes.

Versionsinformation:

Adjustments to interface

Versionsinformation:

Adjusted defval for lookback to make indicator less sensitive to abrupt fluctations.

Versionsinformation:

Separated PaceMA from RSIMA

Versionsinformation:

Updated Overbought/Oversold lines to be consistent with normalized RSI bounds.

Versionsinformation:

Added visual that shows the difference between the RSI and the pace.