Re: RSI Indicators for MT4

531
Mladen
these two indicators seem to have a lot in common. The tema ind seems to work the best but the arrows aren't working.
Is there any chance there is a StepMa of  RSI with the multiple Methods which of includes Tema?

Thanks
Ray

 StepMA of rsi adaptive tema 1.1.ex4     

 StepMA of rsi adaptive ema 2.9.ex4    


Re: RSI Indicators for MT4

532
traderduke wrote:Mladen
these two indicators seem to have a lot in common. The tema ind seems to work the best but the arrows aren't working.
Is there any chance there is a StepMa of  RSI with the multiple Methods which of includes Tema?

Thanks
Ray

 StepMA of rsi adaptive tema 1.1.ex4     

 StepMA of rsi adaptive ema 2.9.ex4    
Of course they are same exact except the one is using EMA and the other Tema (method)
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.

Re: RSI Indicators for MT4

533
Parabolic RSI 2

MLADEN : This one is upgraded,updated and more options added to it,also it is suing a kind of a "generic" RSI,instead of using one RSI for calculation it is using two RSI's,rsi of high and rsi of low,the value displayed is an averages of those two (that way it becomes a generic - it is not the same as if one would use rsi of median price) . This version uses the the correct parabolic function (it can be used as a template how to use the function on any value ) and is "abusing" almost all that that function can out put as a result,added alerts too,also it is faster (it calculates only the necessary number of changed bars,for one)
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.


Re: RSI Indicators for MT4

539
shreck wrote: Hello,
Man you can adjust it according to your strategy why you want just copy and paste formula,parameters are for what purpose
to make tools flexible so that it can fit to any and every environment.
NonLagRsi candles_mtf+alerts nmc
 
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.


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