RobertD7723

Jackrabbit.modulus.RSI

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This is the Relative Strength Index (RSI) for the Jackrabbit suite and modulus framework.

This indicator supports differential timeframe analysis and confirmational bias. Dynamic timeframes are supported.

This is an update view of RSI and supports traditional overbought/sold boundaries and cross over regions. There is also an added smoothing ability to enhanced analysis.

The main indicatior and the confirmational indicator can both be individually tuned for the fast, and slow moving averages with different and independent lengths and 30 different moving average types:

SMA, Double SMA, Triple SMA,
EMA, Double EMA, Triple EMA,
RMA, Double RMA, Triple RMA
WMA, Double WMA, Triple WMA,
VWMA, Double VWMA, Triple VWMA,
Hull, Double Hull, Triple Hull,
ZLEMA, Double ZLEMA, Triple ZLEMA,
SWMA, Double SWMA, Triple SWMA,
SSMA, Double SSMA, Triple SSMA,
SMMA,Double SMMA, Triple SMMA

All moving averages can also have their own source input: Open, Close, High, Low, HL2, HLC3, and OHLC4

The Jackrabbit modulus framework is a plug in play paradigm built to operate through TradingView's indicator on indicatior (IoI) functionality. As such, this script receives a signal line from the previous script in the IoI chain, and evaluates the buy/sell signals appropriate to the current analysis. The results are either combined with the signal line, or used as confirmation to the signal line. A new signal line is generated for the next script in the link.

Buy/Sell alerts are produced by the main Jackrabbit script, or the modulus AlertSystem script. This script is not designed or meant to function outside my framework and contains no alert capabilities.

By default, the signal line is visible and the charts are turned off. Signal line visibility is controlled by the Style tab, and the charts display is controlled by the indicator settings tab.

This script is by invitation only. To learn more about accessing this script, please see my signature or send me a PM. Thank you.
Nota Keluaran:
Bug fixed with confirmation overbought/sold boundaries not showing up properly.
Nota Keluaran:
An indentifier is now available to listing advanced notes

Keep bars buy/sell and Inverted signals can now be selected for the main and confirmation indicator independantly of each other.

This module is now capable of generating EITHER/OR buy and sell signals.

If you set this module to generate ONLY buy signals for example, sell signals from the previous module are simply passed through to the next module. Opposite holds true if you set theis module to generate sell signals only.
Nota Keluaran:
Maintenance update to address memory issues.
Nota Keluaran:
Maintenance update #2: look back step to 4000 candles.
Nota Keluaran:
BUG fix: Signal direction now fixed. Buying or Selling now work independently.
Nota Keluaran:
Inconsistency fix: In the IoI framework, the head od the chain is no longer required to "prime" the signal line with buys and sells.
Nota Keluaran:
Signal line expansion to manage buy/sell only scripts within the IoI framework. Added redundancy checks for future expansion and verification.
Nota Keluaran:
Added directional trading to the Combine IoI state.
Nota Keluaran:
Unusual and rare "Twilight" case conditionals added to IoI framework.
Nota Keluaran:
Added selection for both live and historic data.
Nota Keluaran:
Updated realtime/historic data algorithm for improved accuracy and effeciency.

Join my Patreon for exclusive access to Jackrabbit TV,

www.patreon.com/RD3277
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