Thank you mrtools.mrtools wrote: Wed Nov 20, 2019 3:21 pm This is a start, looks like he was using an rsi that was using linear weighted moving average, but need to experiment with the other 3.
My personal preference is to use it at 0, but really haven't tested other settings.thiru wrote: Wed Nov 20, 2019 4:30 pm
Thank you mrtools.
didn't realize it was on LWMA, the EMA looks better but will test it over the week.
wanted to clarify with you, the jurik phase, it ranges from -100 to 100. what would you recommend for the lower time frame ?
Thanks! This one is working.thiru wrote: Tue Nov 19, 2019 2:29 pm
have you tried this?
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advanced rsx 2.01 & arrows.ex4
/
make sure the file name is exactly as follows;
advanced rsx 2.01 & arrows.ex4
Thank's
Code: Select all
// RSI TRENDLINE formula ver 1.0
SetBarsRequired(sbrAll, sbrAll);
TP = Param("Trend Per", 300,2,1000);
per_RSI= Param("RSI Per", 9, 7, 35,1);
IND = RSI(per_RSI);
Center = 50 ;
Plot( RSI(per_RSI), "", 4, 4);
Plot(50,"",1,1) ;
// CALCULATE UPTREND
startvalue = LastValue( LLV( IND, TP ) );
startbar = LastValue( ValueWhen( IND == startvalue, BarIndex(), 1) );
BP = BarCount - Startbar;
secondvalue = LastValue( LLV( IND, BP - 5 ) );
secondbar = LastValue( ValueWhen( IND == secondvalue, BarIndex(), 1) );
BP2 = BarCount - secondbar;
thirdvalue = LastValue( LLV( IND, BP2 - 5 ) );
thirdbar = LastValue( ValueWhen( IND == thirdvalue, BarIndex(), 1) );
BP3 = BarCount - thirdbar;
fourthvalue = LastValue( LLV( IND, BP3 - 5 ) );
fourthbar = LastValue( ValueWhen( IND ==fourthvalue, BarIndex(), 1) );
BP4 = BarCount - fourthbar;
fifthvalue = LastValue( LLV( IND, BP4 - 5 ) );
fifthbar = LastValue( ValueWhen( IND ==fifthvalue, BarIndex(), 1) );
BP5 = BarCount - fifthbar;
sixthvalue = LastValue( LLV( IND, BP5 - 5 ) );
sixthbar = LastValue( ValueWhen( IND ==sixthvalue, BarIndex(), 1) );
Low_1= IIf( BarIndex() == startbar, 80, Null);
Low_2= IIf( BarIndex() == secondbar, 80, Null);
Low_3= IIf( BarIndex() == thirdbar, 80, Null);
Low_4= IIf( BarIndex() == fourthbar, 80, Null);
Low_5= IIf( BarIndex() == fifthbar, 80, Null);
Low_6= IIf( BarIndex() == sixthbar, 80, Null);
b = startvalue ;
FirstSlope = (secondvalue - b) / (secondbar - startbar) ;
FirstTrendline = FirstSlope * ( BarIndex() - startbar ) + b;
// Plot( IIf( BarIndex() >= startbar AND FirstTrendline <= 90 , FirstTrendline, Null ) , "FirstTrendline", colorGreen, styleThick +2048 );
SecondSlope = (thirdvalue - b) / (thirdbar - startbar) ;
SecondTrendline = SecondSlope * ( BarIndex() - startbar ) + b;
ThirdSlope = (fourthvalue - b) / (fourthbar - startbar) ;
ThirdTrendline = ThirdSlope * ( BarIndex() - startbar ) + b;
FourthSlope = (fifthvalue - b) / (fifthbar - startbar) ;
FourthTrendline = FourthSlope * ( BarIndex() - startbar ) + b;
FifthSlope = (sixthvalue - b) / (sixthbar - startbar) ;
FifthTrendline = FifthSlope * ( BarIndex() - startbar ) + b;
MainSlope = IIf( FirstSlope > SecondSlope, IIf( SecondSlope > ThirdSlope, IIf( ThirdSlope > FourthSlope,
IIf( FourthSlope > FifthSlope, FifthSlope, FourthSlope),ThirdSlope), SecondSlope), FirstSlope) ;
MainLine = MainSlope * ( BarIndex() - startbar ) + b;
Plot( IIf( BarIndex() >= startbar, MainLine, Null ) , "MainLine", colorDarkGreen, styleThick ) ;
IND_Diff = IIf( BarIndex() >= startbar, abs( IND - MainLine), Null) ;
MainTrendLine_Diff = Param("Difference IND from MainTrendLine", 2.5, 0.5,5, 0.5);
Cond_Buy = IIf( BarIndex() >= Thirdbar AND IND_Diff <= MainTrendLine_Diff, IND, 0) AND MainLine < 55 ;
PlotShapes( IIf( Cond_Buy, shapeUpArrow , shapeNone ), colorGreen );
/////////////////////////////////////////////
// CALCULATE DOWNTREND
starthigh = LastValue( HHV( IND, TP ) );
starthighbar = LastValue( ValueWhen( IND == starthigh, BarIndex(), 1) );
HBP = BarCount - starthighbar;
secondhigh = LastValue( HHV( IND, HBP - 5 ) );
secondhighbar = LastValue( ValueWhen( IND == secondhigh, BarIndex(), 1) );
HBP2 = BarCount - secondhighbar;
thirdhigh = LastValue( HHV( IND, HBP2 - 5 ) );
thirdhighbar = LastValue( ValueWhen( IND == thirdhigh, BarIndex(), 1) );
HBP3 = BarCount - thirdhighbar;
fourthhigh = LastValue( HHV( IND, HBP3 - 5 ) );
fourthhighbar = LastValue( ValueWhen( IND ==fourthhigh, BarIndex(), 1) );
HBP4 = BarCount - fourthhighbar;
fifthhigh = LastValue( HHV( IND, HBP4 - 5 ) );
fifthhighbar = LastValue( ValueWhen( IND ==fifthhigh, BarIndex(), 1) );
HBP5 = BarCount - fifthhighbar;
sixthhigh = LastValue( HHV( IND, HBP5 - 5 ) );
sixthhighbar = LastValue( ValueWhen( IND ==sixthhigh, BarIndex(), 1) );
High_1= IIf( BarIndex() == starthighbar, 90, Null);
High_2= IIf( BarIndex() == secondhighbar, 90, Null);
High_3= IIf( BarIndex() == thirdhighbar, 90, Null);
High_4= IIf( BarIndex() == fourthhighbar, 90, Null);
High_5= IIf( BarIndex() == fifthhighbar, 90, Null);
High_6= IIf( BarIndex() == sixthhighbar, 90, Null);
MainTrendLine_Diff = Param("Difference IND from MainTrendLine", 2.5, 0.5,7, 0.5);
d = starthigh ;
FirstDownSlope = (secondhigh - d) / (secondhighbar - starthighbar) ;
FirstDownTrendline = FirstDownSlope * ( BarIndex() - starthighbar ) + d;
SecondDownSlope = (thirdhigh - d) / (thirdhighbar - starthighbar) ;
SecondDownTrendline = SecondDownSlope * ( BarIndex() - starthighbar ) + d;
ThirdDownSlope = (fourthhigh - d) / (fourthhighbar - starthighbar) ;
ThirdDownTrendline = ThirdDownSlope * ( BarIndex() - starthighbar ) + d;
FourthDownSlope = (fifthhigh - d) / (fifthhighbar - starthighbar) ;
FourthDownTrendline = FourthDownSlope * ( BarIndex() - starthighbar ) + d;
FifthDownSlope = (sixthhigh - d) / (sixthhighbar - starthighbar) ;
FifthDownTrendline = FifthDownSlope * ( BarIndex() - starthighbar ) + d;
MainDownSlope = IIf( FirstDownSlope < SecondDownSlope, IIf( SecondDownSlope < ThirdDownSlope,
IIf( ThirdDownSlope < FourthDownSlope, IIf( FourthDownSlope < FifthDownSlope, FifthDownSlope, FourthDownSlope),ThirdDownSlope), SecondDownSlope), FirstDownSlope) ;
MainDownLine = IIf( MainDownSlope == 0, Null, MainDownSlope * ( BarIndex() - starthighbar ) + d ) ;
Plot( IIf( BarIndex() >= starthighbar, MainDownLine, Null ) , "Main_DOWN_Line", colorViolet, styleThick ) ;
IND_Diff = IIf( BarIndex() >= starthighbar, abs( IND - MainDownLine), Null) ;
Cond_Sell = IIf( BarIndex() >= Thirdbar AND IND_Diff <= MainTrendLine_Diff, IND, 0) AND MainDownLine > 45 ;
PlotShapes( IIf( Cond_Sell, shapeDownArrow , shapeNone ), colorRed );
Title = Name() + "\\c17" + " " +"\\c12" + "RSI" + " " + per_RSI ;Think might be it. Added a choice of 7 different rsi's and alerts on histogram color change.hyasp wrote: Fri Nov 29, 2019 2:13 pm Dear mrtools,
Could u please make a cci of rsi + atr indi using CCI_nuf_v4 indi display style (showing histo even between overbought/oversold area using different color if possible like second indi)? Thanks.
mr.tools
The link you provided didn't go to a rsi bands ma.sal wrote: Mon Dec 02, 2019 11:44 pm
mr.tools
kindly makr arrow reversal BB touch
indicator name as below link
alx RSI BANDS MA.mq4
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