Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=27989
Forum: 17 · Topic 27989 · 5 post(s)
Apprentice · Thu Dec 27, 2012 5:29 am

Basically this is the RSI indicator. Unlike the standard version, which has same OB / OS zones values from period to period. Tarzan Zone values will fluctuate in relation to the central line. Central line is moving average of RSI.
The indicator was revised and updated
Alexander.Gettinger · Mon Sep 22, 2014 10:49 am
MQL4 version of Tarzan oscillator: viewtopic.php?f=38&t=61216.
Apprentice · Sat Jun 24, 2017 5:18 am
The indicator was revised and updated.
rose123 · Sat Jun 24, 2017 11:09 am
hi apprendice ,
can you create a divergence strategy based on this indicator
buy:
rsi cross over bottom line and rsi -bottom cross over rsi level > previous rsi-bottom cross over rsi level and rsi - bottom cross over price < previous rsi-bottom cross over price
sell:
rsi cross under top line and rsi-top cross under rsi level < previous rsi-top cross under rsi level and rsi-top cross under price > previous rsi - top cross under price
is it possible to create a divergence strategy like this.
Apprentice · Sun Jun 25, 2017 12:54 pm
Try this version. viewtopic.php?f=28&t=64840