Good evening MR Tools, how are you? Is it possible to do a Z Score of Smoother Momentum or Z Score of Momentum with your AVGs?
Many Thanks Mr Tools,mrtools wrote: Sun Mar 30, 2025 7:01 am Fixed some stuff I missed in the conversion and added a ray option which will extend the lines to the right, and a chart bar's back limitation to hopefully help with possible CPU issues.
Try here!RodrigoRT7 wrote: Tue Apr 01, 2025 9:29 am Good evening MR Tools, how are you? Is it possible to do a Z Score of Smoother Momentum or Z Score of Momentum with your AVGs?
I ask because Smoother Momentum has good numbers and it would be interesting to see it in an OBOS approach.
Tks so much in advance
the code has been fixed a little (some errors in the bar index)ionone wrote: Mon Mar 31, 2025 8:09 pm This indicator has been created by Ali Casey who is known for his Youtube channel StatOasis
it has been made to be a "better RSI"
Ultimate version is and extended version of the base indicator
screenshot.1027.jpg
Jeff
It's a very choppy rsi.. but I commend your efforts and freely posting this for us to check out. Feedback is the only way of getting it to work a bit is by setting it's lookback to 14 and a smoothing of 14 which does catch a few reversals here and there but you'd definitely be bankrupt if you relied on this.... i gotta rewatch the video again and see what I missed as it still interests me!ionone wrote: Wed Apr 02, 2025 1:49 am the code has been fixed a little (some errors in the bar index)
also I remplaced iMAOnArray which is very slow.
finally renamed it correctly
Jeff
Here you go, please test it as I fixed some minor issues as well.Madsakz169 wrote: Thu Apr 03, 2025 4:50 am Would it be possible to add alerts when RSI reaches overbought or oversold levels?
Haha, no problem. I will take a look at it ;-)Madsakz169 wrote: Thu Apr 03, 2025 5:57 am Thanks, I should’ve mentioned the indicator, my bad! Would it be possible to add alerts for this RSI setup?
