if it is not a trouble for you, can you please add the 50 line dynamically adjusted in the dz RSI and with colour change for the RSI above/below the line? Thanks in advance.
mladen: Dynamic zone RSI
____________________
Parameters :
RsiLength- period for RSI
RsiPrice- price to apply to
DzLookBackBars- number of bars to look back for dynamic zone
DzStartBuyProbability- probability for buy zone
DzStartSellProbability- probability for sell zone
______________________________
PS: dynamicZone.dll for the dll version can be downloaded from the post #1 of this thread
kerdoskopos2000: Dear mladen,
if it is not a trouble for you, can you please add the 50 line dynamically adjusted in the dz RSI and with colour change for the RSI above/below the line? Thanks in advance.
kerdoskopos2000
Here you go
Changed the default period for RSI (it simply looks better with this calculation period when we have all : over bought, over sold and 50 line dynamic, but if you like it better with the old period, simply change it back in the parameters) and changed a bit how it looks like. Colors of the RSI are changing on 50 line cross (as you asked for). All in all, it seem to be a bit more useful this way
Changed the default period for RSI (it simply looks better with this calculation period when we have all : over bought, over sold and 50 line dynamic, but if you like it better with the old period, simply change it back in the parameters) and changed a bit how it looks like. Colors of the RSI are changing on 50 line cross (as you asked for). All in all, it seem to be a bit more useful this way
it's a wonderful indie. Ιn my hunble opinion, the old classic RSI is the 'sine qua non' for all traders and far ahead of all the other indicators. With this modification you lifted it even higher.
In this version one can chose which type of RSI should be used. Depending on the RsiMethod parameter, RSI used will be :
0 - rsi
1 - Wilders rsi
2 - rsx
3 - Cuttler rsi
4 - rsi T3
This way, it can work as almost any kind of rsi we know of. Personally, I like the rsi t3 the most in this case and that is why default parameters are set to use it (see the example bellow for the reason why I like it). To remind : rsi T3 is not a T3 smoothed rsi but T3 is used within the rsi calculation. Here is a comparison of a "regular" rsi (upper) and a rsi T3 (lower). "Speed" of the rsi T3 can be additionally regulated using the T3Hot parameter
In this version one can chose which type of RSI should be used. Depending on the RsiMethod parameter, RSI used will be :
0 - rsi
1 - Wilders rsi
2 - rsx
3 - Cuttler rsi
4 - rsi T3
This way, it can work as almost any kind of rsi we know of. Personally, I like the rsi t3 the most in this case and that is why default parameters are set to use it (see the example bellow for the reason why I like it). To remind : rsi T3 is not a T3 smoothed rsi but T3 is used within the rsi calculation. Here is a comparison of a "regular" rsi (upper) and a rsi T3 (lower). "Speed" of the rsi T3 can be additionally regulated using the T3Hot parameter
Dynamic zone polychromatic momentum with gradient colors and on chart bars all-in-one indicator.
In order to have all in one single code this one is having all in the same indicator : gradient colored main values, gradient colored bars, divergences, multi time frame ... Here is how it looks now (all that is one indicator now)
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wow, many thanks mrtools... you are just ... awesome!!!
Dear mladen,
if it is not a trouble for you, can you please add the 50 line dynamically adjusted in the dz RSI and with colour change for the RSI above/below the line? Thanks in advance.
Dynamic zone RSI
____________________
Parameters :______________________________
PS: dynamicZone.dll for the dll version can be downloaded from the post #1 of this threadDear mladen, if it is not a trouble for you, can you please add the 50 line dynamically adjusted in the dz RSI and with colour change for the RSI above/below the line? Thanks in advance.
kerdoskopos2000
Here you go
Changed the default period for RSI (it simply looks better with this calculation period when we have all : over bought, over sold and 50 line dynamic, but if you like it better with the old period, simply change it back in the parameters) and changed a bit how it looks like. Colors of the RSI are changing on 50 line cross (as you asked for). All in all, it seem to be a bit more useful this way
kerdoskopos2000
Here you go
Changed the default period for RSI (it simply looks better with this calculation period when we have all : over bought, over sold and 50 line dynamic, but if you like it better with the old period, simply change it back in the parameters) and changed a bit how it looks like. Colors of the RSI are changing on 50 line cross (as you asked for). All in all, it seem to be a bit more useful this wayWhaou, thanks mladen great indicator.
Thanks Mladen,
it's a wonderful indie. Ιn my hunble opinion, the old classic RSI is the 'sine qua non' for all traders and far ahead of all the other indicators. With this modification you lifted it even higher.
Here is the double dynamic zone ocn nxc jsmoothed.
Nice job mrtools! Was the ex4 intentional? Thanks!
Nice job mrtools! Was the ex4 intentional? Thanks!
At the time it was, but have since realized it's not much different than what we have here already. Anyway this is the source.
Dynamic zones RSI 3
An upgrade to latest dynamic zones RSI
In this version one can chose which type of RSI should be used. Depending on the RsiMethod parameter, RSI used will be :
This way, it can work as almost any kind of rsi we know of. Personally, I like the rsi t3 the most in this case and that is why default parameters are set to use it (see the example bellow for the reason why I like it). To remind : rsi T3 is not a T3 smoothed rsi but T3 is used within the rsi calculation. Here is a comparison of a "regular" rsi (upper) and a rsi T3 (lower). "Speed" of the rsi T3 can be additionally regulated using the T3Hot parameter
An upgrade to latest dynamic zones RSI
In this version one can chose which type of RSI should be used. Depending on the RsiMethod parameter, RSI used will be :
This way, it can work as almost any kind of rsi we know of. Personally, I like the rsi t3 the most in this case and that is why default parameters are set to use it (see the example bellow for the reason why I like it). To remind : rsi T3 is not a T3 smoothed rsi but T3 is used within the rsi calculation. Here is a comparison of a "regular" rsi (upper) and a rsi T3 (lower). "Speed" of the rsi T3 can be additionally regulated using the T3Hot parameterThanks Mladen you are a genius ;-)
Dynamic zone polychromatic momentum with gradient colors and on chart bars all-in-one indicator.
In order to have all in one single code this one is having all in the same indicator : gradient colored main values, gradient colored bars, divergences, multi time frame ... Here is how it looks now (all that is one indicator now)