i mean rsi all tf like the image and add some alert for tf we choose for alert show..
Not a bad idea but, I think a "dashboard" of different currencies and time frames based on RSX (or RSI) indicating direction and whether above or below 50 (with use input) would have better capabilities. With so many dashboards out there maybe one already exists...anybody know?
yeah..dashboard is good ..help to choose which pair have opportunity to trade...
can u make this kubi divergence become MTF 2 version like this?
Rsi of adaptive smoother : rsi_of_adaptive_smoother.ex4
Since smoother is adaptive it makes the rsi too implicitly adaptive (rsi is hard to make adaptive due to its integer calculation period nature) and to keep it smooth. This one seems to be doing it OK.
PS: the indicator is built with build 628. It was not tested with lower builds
Today I have noticed that Cuttler's has one error in the way how it is defined and calculated (the definition of calculation can be found in the upper wikipedia link)
The error is following : when the price is constantly rising, Cuttelr's RSI will calculate a wrong results (simple average of sum of negative differences is 0 in that case) and it will show a completely wrong results in that case. The error comes from the authors assumption that the price will never make a streak of rising values (which is in some cases wrong - especially for short calculating periods or simply try to apply it to filtered prices)
This is the correct Cuttler's rsi (that corrects that error )
Does the regular RSI have similar problem?
Sometimes I notice difference between metatrader 4 RSI and tradestation RSI
There are some differences. You can check with this one https://www.mql5.com/en/forum/178733/page14 as an example (set the ma period to 1 and then you will have rsi colored on the slope of rsi). That one calculates RSI correctly
Neat trick Thanks for the link
Hello F3n_dy, no not able to make it like that.
ok...thanks..i think can make digital like that..more quickly to filter pair to trade...