OPEN-SOURCE SCRIPT

The Perfect RSI (Ehler's Cycle RSI Modified with Discriminator)

This is the RSI indicator that I use. It combines two concepts of John Ehler. It integrates the idea of Highpass filtering the Price data, along with the the idea of automatically determining the Dominant price cycle through a Homodyne Discriminator, and using half of a cycle length as the input for the RSI. Not only determines the most effective range for the RSI by setting it based on the cycle, but also makes the RSI PDF(Probability Distribution Function) adjustable as shown in John Ehler's papers. Still needs some tweaking on determining the best calculations for cycles, and whether or not to better filter the price data into the discriminator.

Works just like a normal RSI, but should have less false signals, and also has the option for super smoothing. Play around it and see if theres any new indications or signals that come from it ;)

Let me know if there's any concerns or additions!
cyclediscriminatorehlershighpassjohnehlersOscillatorsRelative Strength Index (RSI)

Skrip sumber terbuka

Dalam semangat sebenar TradingView, penulis telah menerbitkan kod Pine ini sebagai sumber terbuka supaya pedagang dapat memahami dan mengesahkannya. Sorakan kepada penulis! Anda boleh menggunakan perpustakaan ini secara percuma, tetapi penggunaan semula kod dalam penerbitan ini adalah dikawal oleh Peraturan dalaman. Anda boleh menyukainya untuk menggunakannya pada carta.

Ingin menggunakan skrip ini pada carta?

Penafian