An experimental indicator based on the Stochastic + Connors RSI binding
Reverse Engineering RSI, by Giorgos Siligardos The related article is copyrighted material from Stocks & Commodities.
The RVI is a modified form of the relative strength index (RSI). The original RSI calculation separates one-day net changes into positive closes and negative closes, then smoothes the data and normalizes the ratio on a scale of zero to 100 as the basis for the formula. The RVI uses the same basic formula but substitutes the 10-day standard deviation of...
The Relative Momentum Index (RMI) was developed by Roger Altman. Impressed with the Relative Strength Index's sensitivity to the number of look-back periods, yet frustrated with it's inconsistent oscillation between defined overbought and oversold levels, Mr. Altman added a momentum component to the RSI. As mentioned, the RMI is a variation of the RSI...
A version of RSI more usable for highly volatile charts and long-term trends
modification by Richard Siegers that turned stochastic mtf from ChrisMoody into stochastic-rsi mtf
This is RSI indicator which is more sesitive to price changes. It is based upon a modern math tool - Laguerre transform filter. With help of Laguerre filter one becomes able to create superior indicators using very short data lengths as well. The use of shorter data lengths means you can make the indicators more responsive to changes in the price. ...
I decided to make this formerly invite only script public (you can find the invite only version here If you are part of the invite only you don't need to change scripts. I will push improvements first on the invite only script but in time it will come to this version as well. I would love to know your ideas and thoughts on how this indicator can be improved, so...
This is a very simple script that plots signals on the chart whenever the RSI crosses the given threshold. Nothing fancy, but it is useful for deciding when to exit trades or prepare for pullbacks or for confirming that the market is currently in the middle of an extremely impulsive move or trend. It has alert functionality and you can set the overbought/sold...
rsi has 2 line. 30 and 70. but we can use BB instead of that. i dont know it is good idea or not. cause i rarely use rsi. anyway if you are interested in it, you can try :) enjoy and earn money.
This indicator combines two separate Simple RSI indicators so you can show different periods together, as well as an ADX indicator with DI+ and DI-. I prefer to use one indicator to show the whole thing, instead of stacking the individual indicators.
New: - added RSI-Filter - RSI-bars-parameter - Locomotive-bars-parameter RSI-Sensivity If RSI-Sensivity = 10: - RSI < sens = market bottom (lime background) - RSI > (100 - sens) = market top (red background) Recomended: - RSI-sensivity = 15 or < - RSI Bars = 1-2 - Locomotive Bars = 2-3
Combines RSI, EMA difference, and MacD into a single indicator. Buy when it's very red, sell when it's very green.