: Forum Donchian Channel on the RSI curve conversion from TradingView

10/25/2018 at 2:45 PM #83526

Vonasi

I think this is the basics of the indicator:

DCPeriod = 28
RSIPeriod = 14
HullPeriod = 8

HullRsi = WeightedAverage[ROUND(SQRT(HullPeriod))](2 * WeightedAverage[ROUND(HullPeriod / 2)](rsi[rsiperiod]) - WeightedAverage[HullPeriod](rsi[rsiperiod]))

upperdc = highest[dcperiod](HullRsi)
lowerdc = lowest[dcperiod](HullRsi)
middc = ((upperdc - lowerdc)/2) + lowerdc

return hullrsi coloured(0,0,255)style(line,2) as "RSI", upperdc as "UpperDC", lowerdc as "LowerDC", middc as "MidDC", 70 coloured(128,0,0) as "70", 30 coloured(128,0,0) as "30"

DCPeriod = 28

RSIPeriod = 14

HullPeriod = 8

HullRsi = WeightedAverage[ROUND(SQRT(HullPeriod))](2 * WeightedAverage[ROUND(HullPeriod / 2)](rsi[rsiperiod]) - WeightedAverage[HullPeriod](rsi[rsiperiod]))

upperdc = highest[dcperiod](HullRsi)

lowerdc = lowest[dcperiod](HullRsi)

middc = ((upperdc - lowerdc)/2) + lowerdc

return hullrsi coloured(0,0,255)style(line,2) as "RSI", upperdc as "UpperDC", lowerdc as "LowerDC", middc as "MidDC", 70 coloured(128,0,0) as "70", 30 coloured(128,0,0) as "30"

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Nicolas,

robdav

Vonasi

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