Parabolic RSI 2
MLADEN : This one is upgraded,updated and more options added to it,also it is suing a kind of a "generic" RSI,instead of using one RSI for calculation it is using two RSI's,rsi of high and rsi of low,the value displayed is an averages of those two (that way it becomes a generic - it is not the same as if one would use rsi of median price) . This version uses the the correct parabolic function (it can be used as a template how to use the function on any value ) and is "abusing" almost all that that function can out put as a result,added alerts too,also it is faster (it calculates only the necessary number of changed bars,for one)