Everything about RSI - page 34
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Just for the sake of comparison of how the 2 are calculated : this is how demarker is calculated
Rsi directional histogram
Hello mladen, please assist with a histogram version of the rsi directional indicator. Green color when above a selected level,red color when below a selected level, and gold color when in between the upper and lower levels, thanks for your great and invaluable service.
Drsi histo
Hello mladen, thanks for the reference, however my request is for directional rsi ( or demark ) version not the original rsi, thanks for everything.
Rsi_multi_average
Hello all,
We can calculate RSI with the choose of 4 averages.
The original RSI is calculate with Wilder average ,the slowest one.
If we set MODE_MA = 0 simple average
=1 exponential average
=2 Wilder average (original average)
=3 weighted average.
Remark : Wilder average 12 periods == Exponential average 23 periods.
Regards
winner246
Did you see this indicator : https://www.mql5.com/en/forum/general ?
Hello mladen, please assist with a histogram version of the rsi directional indicator. Green color when above a selected level,red color when below a selected level, and gold color when in between the upper and lower levels, thanks for your great and invaluable service.
Filtered DRSI
Fooling a bit with the drsi (kept its name since there are differences in values compared to demarker indicator due to a bit different conditions checking) and made this version that uses Gaussian filter for high low prices differences prior to calculation. Here is the comparison of the "non-filtered" (upper) and the Gaussian filtered (lower) versions :
Use this one.
This one allows even rsi length 1 (which is impossible with the built in metatrader rsi).
nice but repainted
pls use here hull ma to replace tma
That one that you are quoting does not repaint
You have confused it with the one that uses centered TMA (which is a completely different indicator and which recalculates)
all the best
nice but repainted pls use here hull ma to replace tma
BS_RSI indicator