Is there any exponential RSI? If no can some one coded RSI with more option like simple, exponent, weighted or smoothed. I am just asking not more than that. Well merry christmas to all.
RSI EMA looks better then normal RSI. Hopefully someone can help.
I think it'll be interesting info for you:
- so-called normal RSI uses EMA smoothing with period = 2*Length-1
(or Wilder's smoothing with period=Length).
I've developed RSI indicator with my algorithm of calculation.
Now you can use any values for Length and any kinds of smoothing.
In this case normal RSI has default settings:
Price = 0; // Applied Price(0-Close;1-Open;2-High;3-Low;4-Median;5-Typical;6-Weighted)
Length = 27; // Period of evaluation
MA_Mode = 1; //Mode of MA (0-SMA;1-EMA;2-SMMA;3-LWMA)
Hi, Igorad thanks. You are truely generous in helping others. Big thank again.
Can anyone put an alert/sound to this indicator when it cross level 50 (just sound only no alert window). It will be great and we do not need to monitor 24hrs a day.
RSI cross alert.
Can any one put an alert on a 50 rsi cross? This works well on a hr time frame.