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TrueRSI

Built-in RSI indicator has an error in the algorithm.

I spotted the error while working on a modified RSI where i needed the original algorithm with special input

I started with the official formula and were having different curves from the built-in indicator.

after thinking I had made a mistake in the algorithm, I realized the orginal indicator is wrong by looking at the code.


So here is the real RSI, computed from the original formula, so you know it's the real indicator.

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Currency Strength Wizard , başarılı ticaret için size hepsi bir arada çözüm sağlayan çok güçlü bir göstergedir. Gösterge, birden çok zaman dilimindeki tüm para birimlerinin verilerini kullanarak şu veya bu forex çiftinin gücünü hesaplar. Bu veriler, şu veya bu para biriminin gücünü görmek için kullanabileceğiniz, kullanımı kolay para birimi endeksi ve para birimi güç hatları biçiminde temsil edilir. İhtiyacınız olan tek şey, işlem yapmak istediğiniz tabloya göstergeyi eklemektir ve gösterge size
Break and Retest
Mohamed Hassan
4.43 (14)
New update to V.4 where  Break & Retest automatically draws the take profit & stop loss levels and you also have more signals per day! ‍You can visually backtest Break & Retest to see how it behaved in the past!     Manual guide:   Click here $60 for a very limited time. Next price is $120   This Indicator only places quality trades when the market is really in your favor with a clear break and retest. Patience is key with this price action strategy! If you want more alert s
Trend Screener
STE S.S.COMPANY
4.83 (88)
Trend Göstergesi, Trend Alım Satım ve Filtreleme için Çığır Açan Benzersiz Çözüm, Tüm Önemli Trend Özellikleriyle Tek Bir Araç İçinde Yerleştirildi! Forex, emtialar, kripto para birimleri, endeksler ve hisse senetleri gibi tüm sembollerde/araçlarda kullanılabilen %100 yeniden boyamayan çoklu zaman çerçevesi ve Çoklu para birimi göstergesidir. Trend Screener, grafikte noktalarla ok trend sinyalleri sağlayan etkili bir trend trend göstergesidir. Trend analizörü göstergesinde bulunan özellikler: 1.
M1 Arrow
Oleg Rodin
5 (14)
Piyasanın iki temel ilkesine dayanan bir gün içi stratejisi. Algoritma, ek filtreler kullanarak hacimlerin ve fiyat dalgalarının analizine dayanmaktadır. Göstergenin akıllı algoritması, yalnızca iki piyasa faktörü bir araya geldiğinde bir sinyal verir. Gösterge, daha yüksek zaman çerçevesinin verilerini kullanarak M1 grafiğinde belirli bir aralıktaki dalgaları hesaplar. Ve dalgayı doğrulamak için gösterge, hacme göre analizi kullanır. Bu gösterge hazır bir ticaret sistemidir. Bir tüccarın ihtiya
NAM Order Blocks
NAM TECH GROUP, CORP.
5 (1)
MT4 Multi-timeframe Order Blocks detection indicator. Features - Fully customizable on chart control panel, provides complete interaction. - Hide and show control panel wherever you want. - Detect OBs on multiple timeframes. - Select OBs quantity to display. - Different OBs user interface. - Different filters on OBs. - OB proximity alert. - ADR High and Low lines. - Notification service (Screen alerts | Push notifications). Summary Order block is a market behavior that indicates order collection
ŞU ANDA %31 INDIRIMLI !!! Yeni Başlayanlar veya Uzman Tüccarlar için En İyi Çözüm! Bu gösterge benzersiz, yüksek kaliteli ve uygun fiyatlı bir ticaret aracıdır çünkü bir dizi tescilli özellik ve gizli bir formül ekledik. Yalnızca BİR grafikle 28 döviz çiftinin tümü için Uyarılar verir. Yeni bir trendin veya scalping fırsatının tam tetik noktasını belirleyebildiğiniz için ticaretinizin nasıl gelişeceğini hayal edin! Yeni temel algoritmalar üzerine inşa edilen bu sistem, potansiyel işlemler
Entry Points Pro
Yury Orlov
4.7 (226)
Yeniden boyamadan bir ticarete girmek için doğru sinyaller sağlayan MT5 için en iyi gösterge! Herhangi bir finansal varlığa uygulanabilir: forex, kripto para birimleri, metaller, hisse senetleri, endeksler. MT5 versiyonu burada Oldukça doğru alım satım sinyalleri sağlayacak ve bir alım satımı açıp kapatmanın en iyi zamanını size söyleyecektir. Göstergeyi ödeyen yalnızca bir sinyali işleme örneğiyle videoyu (6:22) izleyin! Çoğu tüccar, Giriş Noktaları Pro göstergesinin yardımıyla ilk işl
BullsEye Signal NoRepaint
Martin Alejandro Bamonte
BullseyeSignal – NoRepaint adından da anlaşılacağı gibi, hiçbir koşulda yeniden çizilmez. Sinyal, görüntüde görülen aynı mum üzerinde verilir. Forex, kripto para birimleri, hisse senetleri, endeksler ve vadeli işlemler gibi yüksek volatiliteye sahip piyasalar için idealdir. Satın almak için yeşil bir ok ve satmak için kırmızı bir ok göreceksiniz, ancak arka planda daha basitleştirilmiş bir ticaret deneyimi sağlamak için birçok gösterge birlikte çalışmaktadır. Özellikle doğru girişler sağlamak üz
Up down v6T
Guner Koca
5 (1)
Thise indicator is up down v6  comes with tradingwiev pinescript. purchased people, after installed on terminal ,contact me on mql5  to get BONUS  TradingView pinescript. up-down indicator is no repaint and works all pairs and lower than weekly time frames charts. it is suitable also 1 m charts for all pairs. and hold long way to signal. dont gives too many signals. when red histogram cross trigger line that is up signal.and price probably will down when blue histogram cross trigger line that
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Tick Sound
Jean Francois Le Bas
5 (2)
Tick Sound will play a different sound each time a tick is triggered. When the tick is higher than the previous one, an "UP" sound is triggered When the tick is lower than the previous one, a "DN" sound is triggered The main sound i chose is a Sheppard Tone : it's an audio effect that simulates and endless ramping sound up or down which is perfect for this task. but you can also select 14 different pre-made up/dn sounds or use your own sounds There are three main parameters for Tick Sound Ask
Fisher Reversals
Jean Francois Le Bas
This indicator weigth the actual close price with the high and the low of past values then it is computed by a simple 1 lag IIR filter before being processed by a final logarithmic algorithm to order the data. This Indicator is perfect to find precise reversals. Rules of Trading :  1) Be sure that the yellow line is in overbought/oversold (above +5 or under -5) The higher/lower, the better. 2) Wait for the gray line to touch the yellow line then separate from it : this is the signal. 3) If t
Trend Range detector
Jean Francois Le Bas
1 (1)
Trend/Range Detector is an indicator that allows to determine with accuracy if the future price will range or trend in the following bars. The Indicator is drawn in a separate window where two lines are displayed : the crossing of the main signal (blue) with a moving average (orange) will determine if each zone is a trending or ranging market. Parameters : period : the number of bars to look back (default = 20) type : type of the main signal (trend or range) (default = RangeDetector) Moving av
Trended Digital Oscillator
Jean Francois Le Bas
4 (1)
Oscillators are, by nature, exemple of any trend information. This indicator is "trended", meaning is it reacting to trend as well: if the oscillator is in the UPPER part of the window, then trade only BUYs. if the oscillator is in the LOWER part of the window, then trade only SELLs; You can also choose to start trading when the trend begins (see Alerts) Parameter description: lookbackOsc : Period of the yellow line (the digital oscillator). (default = 14) DSFast :  Fast Period of the oscillat
Advanced SSA
Jean Francois Le Bas
SSA stands for 'Singular Spectrum Analysis'. It combines elements of classical time series decomposition, statistics, multivariate geometry, dynamical systems and signal processing. SSA decomposes time series into a sum of components (ETs), with each component representing a lower smoothing, using several SVD (Singular Value Decompositions). It is a powerful filtering process used in many fields of research (climatology, biomedical, aerospace, etc), where high quality forecasting and smoothin
Adaptive SSA
Jean Francois Le Bas
SSA stands for ' Singular Spectrum Analysis '. It combines elements of classical time series decomposition, statistics, multivariate geometry, dynamical systems and signal processing. SSA decomposes time series into a sum of components (ETs), with each component representing a lower smoothing, using several SVD ( Singular Value Decompositions ). It is a powerful filtering process used in many fields of research (climatology, biomedical, aerospace, etc), where high quality forecasting and smoo
TenFold
Jean Francois Le Bas
4 (1)
9 out of 10 copies left at $100 after that price will double ($200) ! so hurry This indicator is a mean-reversal type of indicator. Meaning it will not follow a trend but rather make profit from a change in price direction, when the price extends from it mean, but to come back to it later on. This indicator is 100% NON REPAINT and will not redraw its arrows once they appear. Each arrow is drawn at the close of the candle, not during the life of the candle. No parameters, only alert parameters.
Focus
Jean Francois Le Bas
This indicator is profitable on 28/28 forex pairs on H1 timeframe WITHOUT SPREAD. You need to substract the spread to the profit amounts shown The code is robust with a high chance to continue being profitable no matter how the price action evolves.  But profitable on 28 pairs doesn't mean you should trade all the pairs all the time:  On less popular ones, liquidity is low, so spread will usually be high and will eat all the profits. You have to be careful and trade only when the spread is low
Early Trends
Jean Francois Le Bas
Early Trends finds trends early, when price is still squeezed inside price action, which is the best time to spot a trend. When the price action makes higher highs or lower lows within the first bars back, while no HH or LL has been triggered on higher period bars back, then a trend is potentially beginning You can also take signals only in the direction of the trend, with the trend filter. Many parameters : Number of Bars Displayed Number of Bars Back HHLL Number of Bars Back Multiplier Perio
Top G Arrows
Jean Francois Le Bas
"TOP G ARROWS"    shows price reversal points designed for scalping and intraday trading. Contains internal reversal filters (ATR, HHLL, RSI). Can be used on all time frames and trading instruments. Can be used on M1, M5, M15 time frames for scalping or M30, H1, H4 for intraday trading, Recommended for M30 and H1. The arrows are built on candle close (appears on previous bar at the open of the new candle)
TruRange
Jean Francois Le Bas
TruRange is a Next-Level trend and range detection created from algorithms based on   price action. No other indicator apart from ATR is used in the computing of the main line indicator It separates Trending and Ranging market conditions without any lag. It's good to separate mean reverting strategies from trending/breakout strategies. Settings : Bars : number of bars to compute Sensitivity : a lower value will have longer range periods while a higer value will have more smaller ranging peri
Equilibrium MA
Jean Francois Le Bas
This indicator cuts right through the price, in a straight line 100% non repaint, you get a new value at the opening of each new bar It is perfect for mean reversal strategies : open far from the line and close when the price touches the line It works really well for mean reverting pairs specially (CHF, NZD). It has absolutely no lag when there is a sudden move up or down and follows trend exactly ! This indicator should be a must have tool in the toolbox of every trader
LLAMA stands for Lag-Less Adaptive Moving Average it is a state of the art moving average that is very close to the price, specially those sudden moves that put every typical moving average away from the price. This finding comes from the latest research in adaptive moving averages, with a lag close to 0 This MA keeps a very high smoothing ability while keeping a lag almost null.
LLAMA Macd
Jean Francois Le Bas
LLAMA MACD has been made from the same formula that creates regular MACD. The only difference is that both smoothing alogrithms has been replaced by the LLAMA (LagLess Adaptive Moving Average) Main parameters are the same : 2) LLAMA Period (Fast) 1) LLAMA Period (Slow) 3) LLAMA Signal   Period and the LLAMA Parameters are the same as with the single AMA: 1) ActiveBar : computes last bar as well in Realtime (higher CPU usage) 2) ATRPeriod 3) ATRDistMul =: Multiplier1 (Detect) 4) ATRDistMul2 :
LLAMA BB has been made from the same formula that creates regular BB.  The only difference is that the smoothing alogrithms have been replaced by the LLAMA (LagLess Adaptive Moving Average) Main parameters are the same : 2) LLAMA Period 1) STDDEV Period 3) STDDEV Multiplier and the LLAMA Parameters are the same as with the single AMA: 1) ActiveBar : computes last bar as well in Realtime (higher CPU usage) 2) ATRPeriod 3) ATRDistMul =: Multiplier1 (Detect) 4) ATRDistMul
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