This indicator displays the RSI oscillator, with an option to smoothed it or not, in candlesticks form. Keltner bands are added to the oscillator to act as trend filtering and to detect high/low volatility phases of the market.
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//PRC_RSI candles w KeltnerChan | indicator //08.11.2018 //Nicolas @ www.prorealcode.com //Sharing ProRealTime knowledge // --- settings RSIp = 14 //RSI period SmoothPeriod = 3 //Smoothing period (0=no smoothing) SmoothType = 1 //Moving average type for smoothing lengthKC = 14 //Keltner bands Period multKC = 1.5 //Keltner bands multiplier // --- end of settings SmoothPeriod=max(SmoothPeriod,1) rsiH = average[SmoothPeriod,SmoothType](rsi[RSIp](high)) rsiL = average[SmoothPeriod,SmoothType](rsi[RSIp](low)) rsiO = average[SmoothPeriod,SmoothType](rsi[RSIp](open)) rsiC = average[SmoothPeriod,SmoothType](rsi[RSIp](close)) drawcandle(rsiO,rsiH,rsiL,rsiC) price = (rsiH+rsiL+rsiC)/3 iRange = abs(rsiH-rsiL) MA = Average[lengthKC](price) UpperBand = MA + Average[lengthKC](iRange)*multKC LowerBand = MA - Average[lengthKC](iRange)*multKC return UpperBand coloured(168,168,168) style(dottedline,1) as "UpperBand",LowerBand coloured(168,168,168) style(dottedline,1) as "LowerBand",MA coloured(168,168,168) style(dottedline,1) as "Center" |
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Super Nicolas !! Cet indicateur offre une nouvelle lecture du Rsi ! Ces bandes up & Dawn sont vraiment intéressantes. Un Rsi qui se retrouve libre de ses mouvement mis souvent les cours explosent. En tout sur le Dax en 1min cela donne des bons signaux. Merci !
please how can i acess the indicator i like it and want it please
am new here
download the itf file above and import it into your prorealtime platform: https://www.prorealcode.com/import-export-prorealtime-code-platform/