Ultra RSI [DW]

2 Jan 2018

This is an RSI Variation with six different averaging methods to choose from.

The averaging methods I've included in this script are:
- Exponential Moving Average
- Simple Moving Average
- Smoothed Moving Average
- Weighted Moving Average
- Volume Weighted Moving Average
- Arnaud Legoux Moving Average

Each method produces a different, yet significant gauge of relative strength.

Custom bar colors are included.

9 Feb 2018

Nota Keluaran

Updates:
- Added two more averages, Coefficient of Variation Weighted Moving Average and Kaufman's Adaptive Moving Average, to the available averaging methods.
- Added a Laguerre mode to the script, which calculates the RSI using the Laguerre method instead of the conventional method when enabled.

14 Jan 2019

Nota Keluaran

Updates:

Updated the filter types for RSI calculation
The available filters for RSI calculation are:
-> Exponential Moving Average
-> Double Exponential Moving Average
-> Simple Moving Average
-> Smoothed Moving Average
-> Weighted Moving Average
-> Volume Weighted Moving Average
-> Arnaud Legoux Moving Average
-> Coefficient of Variation Moving Average
-> Kaufman's Adaptive Moving Average

The filter type and RSI type are selectable via easy to use dropdown menus.