In this script, I will convert the MyRSI function from John F. Ehlers mentions in the May 2018 issue of Stocks and Commodities. I will build on top of the idea and add a noise elimination Technique presented in the December 2020 issue of Stocks and Commodities. My Rsi Is an RSI alike version of the well-known RSI indicator where the output is range-bound...
This is my original indicator - "Net Price Trend".I made a little personal research about how to analyzing price, and had main idea about view of net price (like net volume), when I'd created the oscillator. Also, I added high and low border based on historical and typical price movement - you can change it on your opinion. Trade rules are: - when indicator is...
An alternative version of the built-in Net Volume indicator made on user request.
tihs script can select SMA/EMA's Moving Average Net chart , anyone you want. Basically this net chart supply 8 MAs and also you can use additionally 2 more Moving Averages.