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Re: RSI Indicators for MT4

Posted: Thu May 02, 2019 10:21 pm
by Jimmy
From our archives, here is another important and missed code which I couldn't find on our forum. The Correlation RSI To Price by Mladen.

As explained by Mladen:
These indicators are a part of a test and might be useful in a couple of things. Original idea came from metastock (I saw in their "formula primer" that they gave an example of correlating macd to price) This one is what is closest to their correlation (and Tradestations correlation) and is putting macd and a chosen price into correlation. The nature of this correlation demands smoothing (result smoothing by all means - set PosCorrSmoothPeriod to 0 and you will see what I mean), and I decided not to use the simple moving average used by metastock in their version but to use Jurik smooth.

Immediately a "stronger version" : instead of using the correlation used in the previous, this one uses Pearson correlation. The interesting thing is that it is obvious that without smoothing the correlation is rather poor (just see the comparison : upper is without price smoothing, lower is with a 5 period price smoothing).

PS: Correlation MACD To Price version can be found here.

Re: RSI Indicators for MT4

Posted: Sat May 04, 2019 1:20 am
by Jimmy
This is Mladen's RSX Variation indicator from back in the TSD days. It comes with Multi-timeframe mode + Interpolation :)

Re: RSI Indicators for MT4

Posted: Sat May 04, 2019 1:22 am
by Jimmy
Continuing from the previous post above, this is Mladen's RSX Variation Histo which also includes Multi-timeframe mode.

Re: RSI Indicators for MT4

Posted: Sat May 04, 2019 1:23 am
by Jimmy
Here is another version of the RSX Variation by Mladen which was created later.

Try them out and see if they can help with your analysis :)

Re: RSI Indicators for MT4

Posted: Sat May 04, 2019 2:20 am
by Jimmy
I wasn't going to post any more tonight but remembered this one that needs to be posted - The RSX on RSX by Mladen which comes with option for Double, Up & Down Limit lines & and a few more options.

Re: RSI Indicators for MT4

Posted: Mon May 06, 2019 5:40 pm
by Jimmy
This is the Thierry RSI CCI indicator for your chart and with Histogram version as well. From memory these two were made by Mladen & Mrtools and both comes with Multi-timeframe mode and Alerts.

Re: RSI Indicators for MT4

Posted: Tue May 07, 2019 5:21 pm
by Jimmy
Hoping everyone is having a good trading week so far. Continuing from our archives is the BullsBears Averages (Laguerre RSI). From memory it was made by Mrtools & Mladen (but Mntiwana will know better). It comes with Alerts and colored OBOS (Overbought/Oversold) zones.

Re: RSI Indicators for MT4

Posted: Tue May 07, 2019 5:57 pm
by Jimmy
Continuing from the previous post, here is a further updated version by Mladen for MT4 which has a slightly different calculation.

Re: RSI Indicators for MT4

Posted: Fri May 10, 2019 8:10 pm
by camisa
Jimmy wrote: Tue May 07, 2019 5:57 pm Continuing from the previous post, here is a further updated version by Mladen for MT4 which has a slightly different calculation.
nice indicator! mrtools, arrows for this one is it possible?

Re: RSI Indicators for MT4

Posted: Sat May 11, 2019 12:05 am
by mrtools
camisa wrote: Fri May 10, 2019 8:10 pm

nice indicator! mrtools, arrows for this one is it possible?
Link or the indicator please.