mrtools wrote: Sun Apr 09, 2023 4:33 pm True Strength Index with Double Smoothing Options + Auto Divergence + MA Filters for MT4

Didn't have the code so made a new version with the averages and double smoothing.

Thank you mrtools for making and sharing this good indicator.
Please would it be possible for you add these few things?

Overbought and Oversold level
So the additional input would be like this:

• For OB/OS use: fast line/Signal line
• Overbought level: ....(45 example)
• Oversold level: ....(-45)
• Alert when enter the OB/OS level: true/false
• Alert when coming out of OB/OS level: true/false
• Alert in opened bar: true/false (display: "TSI GBPUSD M15 out of OB unconfirmed")
• Alert in closed bar: true/false (display: "TSI GBPUSD M15 out of OB confirmed")

And also this:

• Regular divergence filter: true/false
• 1st Extremum have to be above/below this level: ..... (40 example)
• This mean that for sell divergence the first extremum value have to be above 40 level and for buy divergence have to be below -40 level
• Alert in opened bar: true/false (display: TSI GBPUSD H1 Reg Div buy unconfirmed)
• Alert in closed bar: true/false (display: TSI GBPUSD H1 Reg Div buy confirmed)
• Look Back candle:..... (500 example) (so it won't use CPU too much, i think)

I attach a picture of the request
So when the divergence filter is true only the one with yellow circle appeared in the chart (1st extremum above level....) Thank you very much