Re: RSI Indicators for MT4

1141
From our archives, here is another important and missed code which I couldn't find on our forum. The Correlation RSI To Price by Mladen.

As explained by Mladen:
These indicators are a part of a test and might be useful in a couple of things. Original idea came from metastock (I saw in their "formula primer" that they gave an example of correlating macd to price) This one is what is closest to their correlation (and Tradestations correlation) and is putting macd and a chosen price into correlation. The nature of this correlation demands smoothing (result smoothing by all means - set PosCorrSmoothPeriod to 0 and you will see what I mean), and I decided not to use the simple moving average used by metastock in their version but to use Jurik smooth.

Immediately a "stronger version" : instead of using the correlation used in the previous, this one uses Pearson correlation. The interesting thing is that it is obvious that without smoothing the correlation is rather poor (just see the comparison : upper is without price smoothing, lower is with a 5 period price smoothing).

PS: Correlation MACD To Price version can be found here.
Are you looking for a Forex broker? FBS cuts spreads by up to 58%. Click here to begin your trading journey, today.
No commissions are earned by Forex-station.


Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) 🆕
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance


Re: RSI Indicators for MT4

1142
This is Mladen's RSX Variation indicator from back in the TSD days. It comes with Multi-timeframe mode + Interpolation :)
Are you looking for a Forex broker? FBS cuts spreads by up to 58%. Click here to begin your trading journey, today.
No commissions are earned by Forex-station.


Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) 🆕
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance

Re: RSI Indicators for MT4

1143
Continuing from the previous post above, this is Mladen's RSX Variation Histo which also includes Multi-timeframe mode.
Are you looking for a Forex broker? FBS cuts spreads by up to 58%. Click here to begin your trading journey, today.
No commissions are earned by Forex-station.


Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) 🆕
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance

Re: RSI Indicators for MT4

1144
Here is another version of the RSX Variation by Mladen which was created later.

Try them out and see if they can help with your analysis :)
Are you looking for a Forex broker? FBS cuts spreads by up to 58%. Click here to begin your trading journey, today.
No commissions are earned by Forex-station.


Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) 🆕
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance

Re: RSI Indicators for MT4

1145
I wasn't going to post any more tonight but remembered this one that needs to be posted - The RSX on RSX by Mladen which comes with option for Double, Up & Down Limit lines & and a few more options.
These users thanked the author Jimmy for the post:
FBI
Are you looking for a Forex broker? FBS cuts spreads by up to 58%. Click here to begin your trading journey, today.
No commissions are earned by Forex-station.


Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) 🆕
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance


Re: RSI Indicators for MT4

1146
This is the Thierry RSI CCI indicator for your chart and with Histogram version as well. From memory these two were made by Mladen & Mrtools and both comes with Multi-timeframe mode and Alerts.
These users thanked the author Jimmy for the post:
FXchaos
Are you looking for a Forex broker? FBS cuts spreads by up to 58%. Click here to begin your trading journey, today.
No commissions are earned by Forex-station.


Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) 🆕
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance

Re: RSI Indicators for MT4

1147
Hoping everyone is having a good trading week so far. Continuing from our archives is the BullsBears Averages (Laguerre RSI). From memory it was made by Mrtools & Mladen (but Mntiwana will know better). It comes with Alerts and colored OBOS (Overbought/Oversold) zones.
Are you looking for a Forex broker? FBS cuts spreads by up to 58%. Click here to begin your trading journey, today.
No commissions are earned by Forex-station.


Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) 🆕
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance

Re: RSI Indicators for MT4

1148
Continuing from the previous post, here is a further updated version by Mladen for MT4 which has a slightly different calculation.
Are you looking for a Forex broker? FBS cuts spreads by up to 58%. Click here to begin your trading journey, today.
No commissions are earned by Forex-station.


Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) 🆕
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance


Who is online

Users browsing this forum: Amazon [Bot], kvak, Majestic-12 [Bot], Nanyuki, rafl99, Steam1, Takashi12, Telegram [Bot] and 95 guests