Re: Moving Average indicators for MT4

242
Phoreksex wrote: Thu Apr 27, 2017 11:23 am Dear Malden, all my last wishes to use nma in any indicators are not possible. But, is it real to change ma to nma line in enclose indicator. It is really necessary. Thank you very much.
Phoreksex, think this may be what your looking for, the picture is showing the rsi, but there's options for Regular RSI,Slow RSI,Rapid Rapid RSI,Harris RSI,RSX, or Cuttlers RSI . The signal line is a nma of rsi.
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Jedidiah

Re: Moving Average indicators for MT4

244
moneylender wrote: Sat Apr 29, 2017 6:13 am Dear Mr. Mladen:
Is it possible to see the Connor's RSI in the Collection?
Thank you very much!
ML
Due to the way it is calculated (it is using more parameters than the other rsis) it could probably be made as a separate version, but adding it to the set of the "standard" rsis and then extending the parameters list just because of one (the Connors RSI) would not be practical

The definition of it :
CALCULATION

There are three major components to Connors RSI

RSI = Standard RSI developed by Wilder. This is typically a short-term RSI. In this example it is a 3 Period RSI.

UpDown Length = The number of consecutive days that a security price has either closed up (higher than previous day) or closed down (lower than previous days).
Closing up values represented in positive numbers and closing down is represented with negative numbers.
If a security closes at the same price on back to back days, the UpDown Length is 0.
Connors RSI then applies a short-term RSI to the UpDown Streak Value. In this example it is a 2 period RSI.

ROC = The Rate-of-Change. The ROC takes a user-defined look-back period and calculates a percentage of the number of values
within that look back period that are below the current day price change percentage.


The final CRSI calculation then simply finding the average value of the three components.

CRSI(3,2,100) = [ RSI(3) + RSI(UpDown Length,2) + ROC(100) ] / 3
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scarletPip


Re: Moving Average indicators for MT4

247
mladen wrote: Sat Apr 29, 2017 6:24 am Due to the way it is calculated (it is using more parameters than the other rsis) it could probably be made as a separate version, but adding it to the set of the "standard" rsis and then extending the parameters list just because of one (the Connors RSI) would not be practical

The definition of it :
One of MLADENs "Connors RSI of super smoother mtf 1.1" version here
in the picture upper sw with default 25 period smoothed,the middle with 12 period smoothed and the lowest with zero smoothed - original conners rsi
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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