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Adaptable RSI
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=9358
Forum: 17 · Topic 9358 · 4 post(s)
Adaptable RSI
Apprentice · Sat Dec 10, 2011 9:15 am
This RSI indicator allows you to select, Averaging method for raw data.
diff = source[period] - source[period - 1]
if diff > 0 then Average Gain = diff; else Average Loss = -diff; end
RS = Average Gain / Average Loss
RSI = 100 - (100 / ( 1 + RS))
The indicator was revised and updated
Re: Adaptable RSI
zmender · Tue Mar 06, 2012 9:22 pm
Apprentice, I played with your Adaptable RSI indicator and came up with this: LBR RSI, it is the Mometum Pinball of Linda Raschke’s book Street Smarts.
Plot a 3-period RSI of a 1 period ROC. However the default ROC indicator has a minimum period of 2, so that’s what I use below.
Re: Adaptable RSI
Alexander.Gettinger · Tue Nov 18, 2014 5:13 pm
MQL4 version of Adaptable RSI oscillator: viewtopic.php?f=38&t=61478.
Re: Adaptable RSI
Apprentice · Wed Jun 28, 2017 5:19 am
The indicator was revised and updated.