Banzai wrote: Sun Jul 03, 2022 1:16 am RSI OB OS
(on/off button)

I'm going to rename this indicator to OB OS.
Only super coder like mladen and mrtools can find the peaks and the troughs.

OB = overbought
OS = oversold

For this indicator, if you see a candlestick under the SMA (20),
which is also the middle line of the Bollinger Band,
and a bunch of red dots in the oversold area,
then it's a downtrend.
Vice versa for an uptrend.

mntiwana wrote: Thu Feb 23, 2017 9:06 am Adaptable RSI 2                (corrected)
Adaptable Stoch RSI
Adaptable Stoch RSI arrow

oskar656 wrote: Sun Jul 03, 2022 2:17 am Could the dots or any other signal be added on the pullback from OB OS conditions?

cptwillwilliams wrote: Sat Jul 02, 2022 9:54 pm would you be able to add the TMA (Triangular Moving Average) as an option for the MA Smoothing Average Type?

mrtools wrote: Sun Jul 03, 2022 1:26 pm Added Tma.

GoldenBrett90 wrote: Mon Jul 04, 2022 12:13 pm Dear MrTools,

I'm wondering if you'd think this idea for a simple indicator would be a good idea to make or not.
I've checked through the RSI indicator collection and haven't found any such thing.
What I'm thinking of is making an OMA RSI histogram that changes color according to three signals:
0-40 will give a sell color on the histogram, 41-59 will give a neutral color, and 60-100 will give a buy color.
Could MTF also be added to this?

Thanks for your time.

mrtools wrote: Tue Jul 05, 2022 1:57 am Try.

太虚一毫 wrote: Tue Jul 05, 2022 2:32 am Very nice histo indicator! More practical than the regular version (one more average rsi.mq4).

The teacher's merit is boundless!

mrtools wrote: Tue Jul 05, 2022 1:57 am Try.