Here is another experiment and TV conversion as PM request.
RMI trend sniper - with AHTF, alerts, arrows.
RSI pack ( with new ultimate RSI ), MFI is made as function ( not onbuild) and you may choose price for calculation too.
Band direction is made as calculation of RSI/MFI break up/down level and MA momentum.
I Have not installed TV don't know how close is to original.
What is the RMI Trend Sniper?
The RMI Trend Sniper indicator has been created to accurately pinpoint market trends and trading signals as well as guide investors on where to set stop losses.
This technical indicator combines the analysis of the Relative Strength Index (RSI) alongside the Money Flow Index (MFI) and an innovative method for range-weighted moving average in order to provide a thorough insight into market dynamics.
The adjustable parameters permits traders to determine the strength of Bullish & Bearish trends with the adjustable "Positive above/Negative below" option: Sets thresholds to determine the strength of bullish and bearish trends.
RSI calculations
This version comes with the following RSI calculation types:
- Regular RSI
- Slow RSI
- Rapid RSI
- Harris RSI
- RSX
- RSX (Gaussian)
- RSX 2
- Cutlers RSI
- Ehlers Smoothed RSI
- Laguerre RSI
- RSI DS (Double Smoothed)
- RSI Super Smoothed
- RSI Gaussian
- Ultimate RSI
