Exponential RSI

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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

RSI EMA looks better then normal RSI. Hopefully someone can help.

Files:
rsi_ema.gif  34 kb
 

Hi,

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)

Regards,

Igor

Files:
rsivar_v1.mq4  3 kb
 

Hi, Igorad thanks. You are truely generous in helping others. Big thank again.

 

Putting Alert/sound

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.

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