Based on Cyclic Smoothed Relative Strength Indicator v2 by WhenToTrade
The cyclic smoothed RSI indicator is an enhancement of the classic RSI , adding
- additional smoothing according to the market vibration, - adaptive upper and lower bands according to the cyclic memory and - using the current dominant cycle length as input for the indicator.
The cRSI is used like a standard indicator but I've added bar colors and reduced the period minimum to 1. The default settings uses period of 4.
Bar colors explanation: Yellow = Bullish cross up of crsi and ub Lime = bullish continuation Fuchsia = Cross down of crsi and ub Red = Cross down of crsi and db Black = Bearish continuation
ub = aqua line high db = aqua line low crsi = fuchsia line representing smoothed RSI
Enjoy!
リリースノート
⋅
- Fixed default period to 6 - Added green fill to indicate bullish trend - Added red fill to indicate bearish trend
リリースノート
⋅
- Update on the CRSI chart with more colors showing the bull and bear trends
リリースノート
⋅
- Yellow very bullish momentum - Fuchsia very bearish momentum