RSIH‴ | RSI Histogram Momentum

RSIH‴ is a Relative Strength Index oscillator that allows you to have a better understanding and interpretation of its behavior once you are able to see it through an histrogram.

As per the standard RSI, RSIH ‴ has extreme zones such as overbought and oversold, but these zones start, respectively, from 20% (similar to 80% on RSI) and from -20% (similar to 20% on RSI), with a mid line at 0% (similar to 50% on RSI).

What is the best is that you can use it with any kind of graphic that it will always considere the real open, close, high and low trading values.

To have access to this indicator, please contact me at: contato @ moneywise . com . br

Believe me, this indicator will make your life much easier!

הערות שחרור:

under validation

הערות שחרור:

One simple improvement:
- arrow showing the RSI direction
- right side bar showing the positive/negative direction for the indicator (line and histogram)

הערות שחרור:

Just wrote a better indicator description.

הערות שחרור:

Just minor adjustment to the INPUT panel.

הערות שחרור:

Just more minor adjustment to the INPUT panel.

הערות שחרור:

Pair of Histogram Expand/Contract Arrow Sign implemented to the right of the indicator (top and bottom).

הערות שחרור:

Added Histogram Expantion/Contration Arrow Sign.

הערות שחרור:

New ability to set the timeframe the indicator will present eventhough in a different timeframe window.

הערות שחרור:

Some few increments:
1. Code version converted to @5 ;
2. Added a strategic reversal line, which helps antecipate the RSI signal.