Rsi(oma)
it can calculate rsi or rsi of average7 types of rsi(oma) can be calculated RSIRSXCuttler's RSIHaris' RSIRapid RSISlow RSIEhlers' smoothed RSIit can have floating or fixed levelsaverages that can be used are the standard 4 typesusual 22 types of pricesusual set of alertsmulti time frame alreadyUpgraded code (some issues solved, code optimized and simplified, and so on ...)

RSI with Fibonacci auto channel

It is using a floating levels for extremes, and the rest is divided into Fibonacci zones
One of the 7 types of rsi can be calculated :
RSIRSXCuttler's RSIHaris' RSIRapid RSISlow RSIEhlers' smoothed RSI

From Mladen Rakic:::

John Ehlers introduced a variation of rsi calculation (as a part of another indicator) that he decided to call MyRSi. Since it produces results different then the built in rsi, it seemed as logical step that we should have that indicator too. Kept the name, but again : that name is used by John Ehlers (not me)

Compared to built in rsi, there are some significant differences :

it is ranging from -1 to 1 (hence zero cross can be used as a sort of signal)
values are apart from different ranges) different than built in rsi and the signals (if we take level 50 as signals for built in rsi) are different

From Mladen Rakic:::

In December 2020 issue of TASC, John Ehlers published an indicator called MyRsi with NET (MyRsi with Noise Elimination Technology) in which he uses a sort of Kendall (auto)correlation to filter out signals

The only deviation in this version is that we can use desired prices (instead of using fixed close price)

Recommendations:

.you can use it as any other rsi
.you can combine the signals from rsi and net line (from visual inspection, it seems that net line tends to produce faster and cleaner signals)

Jav wrote: Fri Feb 18, 2022 9:19 am hello mrtools, could you please add pop up alerts on the chart for this MT5 indicator please? Thank You!
RSI filter + (arrows).ex5

Alerts added.

mrtools wrote: Sat Feb 19, 2022 3:26 am Alerts added.

This is the arrow added by mrtools teacher for RSI_filter (70-30) .mq5.
(There is only one arrow for each up; there is only one arrow for each down)
It works very well!

Looking forward to seeing you upgrade it to add MTFs and alerts! Infinite merit!


Better to put the level option in the settings menu!
extern double flLevelUp = 70;
extern double flLevelDown = 30;

mrtools wrote: Sat Feb 19, 2022 3:26 am Alerts added.

The teacher modified the pure arrow indicator of Sidus v3 in the past, it seems to add two average lines, so that the Sidus that may be redrawn can get a new life.

extern int FastMaPeriod = 13; // Fast moving average period
extern enMaTypes FastMaMethod = ma_lwma; // Fast moving average method
extern enPrices FastMaPrice = pr_typical; // Fast moving average price to use
extern int SlowMaPeriod = 34; // Slow moving average period
extern enMaTypes SlowMaMethod = ma_lwma; // Slow moving average method
extern enPrices SlowMaPrice = pr_typical; // Slow moving average price to use

It might also be interesting if the RSI filter also adopts this method, i.e. upgrades the RSI filter to the RSI filter_ Sidus.mq5 version!

太虚一毫 wrote: Tue Feb 22, 2022 10:54 pm This is the arrow added by mrtools teacher for RSI_filter (70-30) .mq5.
(There is only one arrow for each up; there is only one arrow for each down)
It works very well!

Looking forward to seeing you upgrade it to add MTFs and alerts! Infinite merit!


Better to put the level option in the settings menu!
extern double flLevelUp = 70;
extern double flLevelDown = 30;

Added mtf and adjustable levels.

mrtools wrote: Wed Feb 23, 2022 5:06 am Added mtf and adjustable levels.

It's better to code in arrows: a wave up, only one arrow. A wave of decline, there is only one arrow.

mrtools wrote: Sat Feb 19, 2022 3:26 am Alerts added.

Strange: this version of the alert also seems to have issues running.