OPEN-SOURCE SCRIPT

Elder's Force Index Function (with source)

TradingView has built in functions for RSI, Momentum, and many other oscillators. Why the source isn't available for Elder's Force Index is beyond me. To me it's one of the Holy Grail indicators. This is EFI indicator with a simple function inside the source code. You're can easily copy this function into any study(indicator) or strategy that uses built-in oscillators, as a replacement.

Example using EFI instead of RSI in built-in Divergence Indicator:
gyazo.com/afe9f7e779c41564300912cd0ed54e01

//Discord: Sheldon#7775
//Server: discord.gg/t2JTnAa

오픈 소스 스크립트

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.