-- More information about this indicator can be found at: -- https://fxcodebase.com/code/viewtopic.php?f=17&t=73269 --+------------------------------------------------------------------------------------------------+ --| Copyright © 2023, Gehtsoft USA LLC | --| http://fxcodebase.com | --+------------------------------------------------------------------------------------------------+ --| Developed by : Mario Jemic | --| mario.jemic@gmail.com | --| https://AppliedMachineLearning.systems | --| https://mario-jemic.com/ | --+------------------------------------------------------------------------------------------------+ --+------------------------------------------------------------------------------------------------+ --| Our work would not be possible without your support. | --+------------------------------------------------------------------------------------------------+ --| Paypal: https://goo.gl/9Rj74e | --| Patreon : https://goo.gl/GdXWeN | --+------------------------------------------------------------------------------------------------+ -- Indicator profile initialization routine -- Defines indicator profile properties and indicator parameters -- TODO: Add minimal and maximal value of numeric parameters and default color of the streams function Init() indicator:name("Different RSI Methods"); indicator:description(""); indicator:requiredSource(core.Tick); indicator:type(core.Oscillator); indicator.parameters:addGroup("Calculation"); indicator.parameters:addString("Method", "RSI Method", "Method" , "Regular"); indicator.parameters:addStringAlternative("Method", "Regular", "" , "Regular"); indicator.parameters:addStringAlternative("Method", "Slow", "" , "Slow"); indicator.parameters:addStringAlternative("Method", "Harris", "" , "Harris"); indicator.parameters:addStringAlternative("Method", "RSX", "" , "RSX"); indicator.parameters:addStringAlternative("Method", "Cuttlers", "" , "Cuttlers"); indicator.parameters:addInteger("Period1", "1. Period", "", 6, 1, 2000); indicator.parameters:addInteger("Period2", "2. Period", "", 14, 1, 2000); indicator.parameters:addGroup("Line Style"); indicator.parameters:addInteger("width", "Line width", "", 1, 1, 5); indicator.parameters:addInteger("style", "Line style", "", core.LINE_SOLID); indicator.parameters:setFlag("style", core.FLAG_LINE_STYLE); indicator.parameters:addColor("color", "Line Color", "", core.rgb(0, 255, 255)); indicator.parameters:addGroup("Levels"); indicator.parameters:addDouble("Level1", "1. Level","", 30); indicator.parameters:addDouble("Level2", "2. Level","", 50); indicator.parameters:addDouble("Level3", "3. Level","", 70); indicator.parameters:addColor("level_overboughtsold_color", "Line Color","", core.rgb(128, 128, 128)); indicator.parameters:addInteger("level_overboughtsold_width","Line width","", 1, 1, 5); indicator.parameters:addInteger("level_overboughtsold_style", "Line Style","", core.LINE_SOLID) end -- Indicator instance initialization routine -- Processes indicator parameters and creates output streams -- TODO: Refine the first period calculation for each of the output streams. -- TODO: Calculate all constants, create instances all subsequent indicators and load all required libraries -- Parameters block local first; local source = nil; local Period1,Period2, Method; local Indicator; -- Routine function Prepare(nameOnly) Period1=instance.parameters.Period1; Period2=instance.parameters.Period2; Method=instance.parameters.Method; source = instance.source local name = profile:id() .. "(" .. instance.source:name().. "," .. Period1.. "," .. Period2.. "," .. Method .. ")"; instance:name(name); if (nameOnly) then return; end rsi= core.indicators:create("RSI", source, Period1); ema= core.indicators:create("EMA", source, Period1); first=source:first() +Period1; Up = instance:addInternalStream(0, 0); Down = instance:addInternalStream(0, 0); MA_Up = instance:addInternalStream(0, 0); MA_Down = instance:addInternalStream(0, 0); f18 = 3.0 / (Period1 + 2.0) f20 = 1.0 - f18 f90 = instance:addInternalStream(0, 0); f88= instance:addInternalStream(0, 0); f0= instance:addInternalStream(0, 0); v14= instance:addInternalStream(0, 0); v20= instance:addInternalStream(0, 0); f8= instance:addInternalStream(0, 0); f28= instance:addInternalStream(0, 0); f30= instance:addInternalStream(0, 0); f38= instance:addInternalStream(0, 0); f40= instance:addInternalStream(0, 0); f48= instance:addInternalStream(0, 0); f50= instance:addInternalStream(0, 0); f58= instance:addInternalStream(0, 0); f60= instance:addInternalStream(0, 0); f68= instance:addInternalStream(0, 0); f70= instance:addInternalStream(0, 0); f78= instance:addInternalStream(0, 0); f80= instance:addInternalStream(0, 0); RSI = instance:addStream("RSI", core.Line, name, "RSI", instance.parameters.color, first ); RSI:setPrecision(math.max(2, instance.source:getPrecision())); RSI:setWidth(instance.parameters.width); RSI:setStyle(instance.parameters.style); RSI:addLevel(instance.parameters.Level1, instance.parameters.level_overboughtsold_style, instance.parameters.level_overboughtsold_width, instance.parameters.level_overboughtsold_color); RSI:addLevel(instance.parameters.Level2, instance.parameters.level_overboughtsold_style, instance.parameters.level_overboughtsold_width, instance.parameters.level_overboughtsold_color); RSI:addLevel(instance.parameters.Level3, instance.parameters.level_overboughtsold_style, instance.parameters.level_overboughtsold_width, instance.parameters.level_overboughtsold_color); end function Update(period, mode) rsi:update(mode); ema:update(mode); if period <= first or not source:hasData(period) then return; end if Method == "Regular" and period >= rsi.DATA[period] then RSI[period]= rsi.DATA[period]; elseif Method == "Slow" and period >= Period1 then if source[period] > ema.DATA[period] then Up[period]=source[period] - ema.DATA[period] else Up[period]=0 end if source[period] < ema.DATA[period] then Down[period]= ema.DATA[period] - source[period] else Down[period]=0; end MA_Up[period]=(Up[period] + MA_Up[period-1] * (Period2-1))/Period2 MA_Down[period]=(Down[period] + MA_Down[period-1] * (Period2-1))/Period2 RSI[period] = 100 - ( 100 / ( 1 + ( MA_Up[period] / MA_Down[period] ) ) ) elseif Method == "Harris" and period >= Period1 then local up = 0.0 local down = 0.0 local avgerageUp = 0.0 local avgerageDown = 0.0 for k = 1, Period1, 1 do local difference = source[period-k] - source[period-k+1] if(difference > 0.) then avgerageUp = avgerageUp+difference up =up+ 1 else avgerageDown =avgerageDown- difference down =down+ 1 end end if up ~= 0.0 then avgerageUp = avgerageUp/up else avgerageUp = avgerageUp end if down ~= 0.0 then avgerageDown = avgerageDown/down else avgerageDown = avgerageDown end if avgerageDown ~= 0. then RS=avgerageUp / avgerageDown else RS=1; end RSI[period] = 100-100 / (1.0 + RS) elseif Method == "Cuttlers" and period >= Period1 then local sump = 0. local sumn = 0. for k = 1 , Period1, 1 do local diff = source[period-k] - source[period-k+1] if (diff > 0.) then sump = sump+diff elseif (diff < 0.) then sumn =sumn- diff end end if sumn > 0. then RSI[period] = 100. - 100. / (1. + sump / sumn) else RSI[period] =50. end elseif Method == "RSX" and period >= Period1 then f88[period]=f88[period-1]; f90[period]=f90[period-1]; f0[period]=f0[period-1]; v14[period]=v14[period-1]; v20[period]=v20[period-1]; f8[period]=f8[period-1]; if (f90[period] == 0.0) then f90[period] = 1.0 f0[period] = 0.0 if (Period1-1 >= 5) then f88[period] = Period1-1.0 else f88[period] = 5.0 end f8[period] = 100.0*(source[period]) else if (f88[period] <= f90[period]) then f90[period] = f88[period] + 1 else f90[period] = f90[period] + 1 end f10 = f8[period] f8[period] = 100*source[period]; v8 = f8[period] - f10 f28[period] = f20 * f28[period-1] + f18 * v8 f30[period] = f18 * f28[period] + f20 * f30[period-1] vC = f28[period] * 1.5 - f30[period] * 0.5 f38[period] = f20 * f38[period-1] + f18 * vC f40[period] = f18 * f38[period] + f20 * f40[period-1] v10 = f38[period] * 1.5 - f40[period] * 0.5 f48[period] = f20 * f48[period-1] + f18 * v10 f50[period] = f18 * f48[period] + f20 * f50[period-1] v14[period] = f48[period] * 1.5 - f50[period] * 0.5 f58[period] = f20 * f58[period-1] + f18 * math.abs(v8) f60[period] = f18 * f58[period] + f20 * f60[period-1] v18 = f58[period] * 1.5 - f60[period] * 0.5 f68[period] = f20 * f68[period-1] + f18 * v18 f70[period] = f18 * f68[period] + f20* f70[period-1] v1C = f68[period] * 1.5 - f70[period] * 0.5 f78[period] = f20 * f78[period-1] + f18 * v1C f80[period] = f18 * f78[period] + f20 * f80[period-1] v20[period] = f78[period] * 1.5 - f80[period] * 0.5 if ((f88[period] >= f90[period]) and (f8[period] ~= f10)) then f0[period] = 1.0 end if ((f88[period] == f90[period]) and (f0[period] == 0.0)) then f90[period] = 0.0 end end if ((f88[period] < f90[period]) and (v20[period] > 0.0000000001)) then RSI[period] = (v14[period] / v20[period] + 1.0) * 50.0 if (RSI[period] > 100.0) then RSI[period] = 100.0 end if (RSI[period] < 0.0) then RSI[period] = 0.0 end else RSI[period] = 50.0 end end end --+------------------------------------------------------------------------------------------------+ --| We appreciate your support. | --+------------------------------------------------------------------------------------------------+ --| Paypal: https://goo.gl/9Rj74e | --| Patreon : https://goo.gl/GdXWeN | --+------------------------------------------------------------------------------------------------+ --| Developed by : Mario Jemic | --| mario.jemic@gmail.com | --| https://AppliedMachineLearning.systems | --| https://mario-jemic.com/ | --+------------------------------------------------------------------------------------------------+ --+------------------------------------------------------------------------------------------------+ --|BitCoin : 15VCJTLaz12Amr7adHSBtL9v8XomURo9RF | --|Ethereum : 0x8C110cD61538fb6d7A2B47858F0c0AaBd663068D | --|SOL Address : 4tJXw7JfwF3KUPSzrTm1CoVq6Xu4hYd1vLk3VF2mjMYh | --|Cardano/ADA : addr1v868jza77crzdc87khzpppecmhmrg224qyumud6utqf6f4s99fvqv | --|Dogecoin Address : DBGXP1Nc18ZusSRNsj49oMEYFQgAvgBVA8 | --|SHIB Address : 0x1817D9ebb000025609Bf5D61E269C64DC84DA735 | --|Binance(ERC20 & BSC only) : 0xe84751063de8ade7c5fbff5e73f6502f02af4e2c | --|BitCoin Cash : 1BEtS465S3Su438Kc58h2sqvVvHK9Mijtg | --|LiteCoin : LLU8PSY2vsq7B9kRELLZQcKf5nJQrdeqwD | --+------------------------------------------------------------------------------------------------+