Here is another version of the Jurik’s RSI indicator. Translated from a MT4 indicator as requested in our indicator’s forum for ProRealTime.
The Jurik RSX is a smoothed, non laggy and noise free version of the RSI (Relative Strength Index). Its default length of calculation is 14 periods just like the default RSI indicator.
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//PRC_Jurik RSX | indicator //08.02.2017 //Nicolas @ www.prorealcode.com //Sharing ProRealTime knowledge //Len=14 if (f90 = 0.0) then f90 = 1.0 f0 = 0.0 if (Len-1 >= 5) then f88 = Len-1.0 else f88 = 5.0 endif f8 = 100.0*(Close) f18 = 3.0 / (Len + 2.0) f20 = 1.0 - f18 else if (f88 <= f90) then f90 = f88 + 1 else f90 = f90 + 1 endif f10 = f8 f8 = 100*Close v8 = f8 - f10 f28 = f20 * f28 + f18 * v8 f30 = f18 * f28 + f20 * f30 vC = f28 * 1.5 - f30 * 0.5 f38 = f20 * f38 + f18 * vC f40 = f18 * f38 + f20 * f40 v10 = f38 * 1.5 - f40 * 0.5 f48 = f20 * f48 + f18 * v10 f50 = f18 * f48 + f20 * f50 v14 = f48 * 1.5 - f50 * 0.5 f58 = f20 * f58 + f18 * Abs(v8) f60 = f18 * f58 + f20 * f60 v18 = f58 * 1.5 - f60 * 0.5 f68 = f20 * f68 + f18 * v18 f70 = f18 * f68 + f20 * f70 v1C = f68 * 1.5 - f70 * 0.5 f78 = f20 * f78 + f18 * v1C f80 = f18 * f78 + f20 * f80 v20 = f78 * 1.5 - f80 * 0.5 if ((f88 >= f90) and (f8 <> f10)) then f0 = 1.0 endif if ((f88 = f90) and (f0 = 0.0)) then f90 = 0.0 endif endif if ((f88 < f90) and (v20 > 0.0000000001)) then v4 = (v14 / v20 + 1.0) * 50.0 if (v4 > 100.0) then v4 = 100.0 endif if (v4 < 0.0) then v4 = 0.0 endif else v4 = 50.0 endif rsx=v4 return rsx coloured(255,0,255) style(line,3) as "Jurik RSX", 30 coloured(100,100,100) style(dottedline), 50 coloured(100,100,100) style(dottedline), 70 coloured(100,100,100) style(dottedline) |
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Hallo Nicolas, ein sehr guter Indikator, vielen Dank! Leider rechnet er bei mir nicht die Perioden aber in der Formel geht das gut zu ändern…..
Hi Nicolas, have you coded the Jurik alone (as Mov. average)?
2 versions available in this indicator: https://www.prorealcode.com/prorealtime-indicators/average-filter-regression/