Re: RSI Indicators for MT4

2861
Intrest 1 wrote: Tue Jun 11, 2024 6:16 pm I have turned on the gray color in the graph. This is very different from the standard rsi. Maybe it won’t be a big problem to add a standard SSL channel to the standard RSI?
You have 14 period RSI presmoothed price with 14 period ema in first window and 14 period RSI in second window....


Re: RSI Indicators for MT4

2862
kvak wrote: Tue Jun 11, 2024 7:48 pm You have 14 period RSI presmoothed price with 14 period ema in first window and 14 period RSI in second window....
I removed the color and left only rsi. It still looks weird.
Could you simply add two MA high-low to the regular RSI with the ability to select their period?

Re: RSI Indicators for MT4

2863
kvak wrote: Tue Jun 11, 2024 7:48 pm You have 14 period RSI presmoothed price with 14 period ema in first window and 14 period RSI in second window....
I would like a similar picture of such an indicator.
If it is possible to make high-low MA in the form of SSL, then it will be very good

Re: RSI Indicators for MT4

2865
RodrigoRT7 wrote: Tue Jun 11, 2024 7:42 am hello Mr Tools everything is fine?
For some time now, I've been wondering what it would be like to combine RSI + Z Score, as they are two indicators that I really like.

I discovered today that it already exists, could you convert this Tradingview code including your RSIs + averages + RMAs please? I imagine that other averages could greatly improve the smoothing.

Thank you very much, in advance :D
Z-score of RSI

The Z-score of RSI provides a method to determine if the RSI is in an overbought or oversold condition within the Bollinger Bands, represented as an oscillator.

The Z-score indicates the distance of the data from the mean in standard deviations. The values displayed in the indicator represent the standard deviations away from the mean. Similar to Bollinger Bands, if the value surpasses the standard deviation boundary lines, it is considered to be outside the distribution or outer Bollinger Band. Crossing above the upper boundary line indicates overbought conditions, while falling below the lower boundary line indicates oversold conditions.

Hello, made this version.


Re: RSI Indicators for MT4

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mrtools wrote: Tue Jun 11, 2024 11:35 pm Hello, made this version.
it was fantastic!! It was even better than I was expecting. even more so with price filters.

If you're not going to abuse your generosity, could you just include the MTF and arrows like this AVG's Zscore? I loved this indicator :D

a big thank you!!


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