Try this version
It allows you up to 4 dtosc (stochastic RSI) values. If you wish to omit some of the dtosc set the RsiPeriod(n) to less than or equal to 1. There is no average value any more but just the values of dtosc. As far as I see it should be OK as far as CPU usage is concerned, but do try it out on your PC too
thanks Mladen, i will check this out. also could u look into my request on the ocn theory indie nxc .... i think it is suitable to include dynamic zones as it is checking the overbought/oversold area as well but fixed it at +- 50 or manually adjusted. so i would like to see how inclusion of dynamic zone play it out. thanks.
Momentum spruced up please!
Hello mladen,mr.tools I was playing around with this polychromatic indy,and was just wondering if anything more can be done with it whether it be, dz,pa,cfb or perhaps all three ,please if it's possible this thing deserves it!
P.s job well done on the multiple dtosc!!
Thank you very much. It is working as it should!
I will play around with this and let you know if there is something good.
Take care and thank you again!
Try this one out if this is what you had in mind (it is calculating as you described, so test it if the results and the "visualization" is what you imagined it like)
Dmi bulls and bears seperated
HELLO MLADEN, Kindly help put these two additional features on the two indicators. On the DMI BULLS STRENGTH, the histogram bar should only show GREEN when the bar is ABOVE the selected level,and when its BELOW the level it will show GOLD. The same would apply to DMI BEARS STRENGTH, RED when ABOVE the level and GOLD when below the level. THANK YOU VERY MUCH.
Wilders DI+ and DI- histogram ...
Use this one
It is showing either DI+ or DI- depending on the ShowWhat parameter. ShowWhat parameter 0 shows DI+ and any other value shows DI- values relative t the level of your choice. Here is how they look compared to the regular Wilders DMI : upper is when it shows DI+ and lower is when it shows DI-
HELLO MLADEN, THANK YOU very much,its perfectly done
Dynamic zones polychromatic momentum ...
Here is a dynamic zone polychromatic indicator for now. While making it thought that it might be a good idea to add some smoothing to it to prevent too much false alarms around the "zero line" (and in general too). So added the smoothing and I think that coupled with dynamic zones it is getting some additional value
Just as a comparison : upper is very mildly smoothed polychromatic momentum and lower is the same thing but without smoothing (just set the SmoothLength to 0 and you will get the "raw" value)
Kindly is it possible to have a coloured version of the polychromatic indicator !!
Thanks in advance my dear.
Dynamica zones polychromatic momentum 2 ...
Here you go I hope I got right what kind of coloring you were referring to
Exactly Mr. Genius
Appreciate your work as usual