TradingView
RozaniGhani-RG
2022년 1월 3일 오후 2시 56분

Cyclic RSI High Low With Noise Filter 

Crude Palm Oil FuturesMYX

설명

█ OVERVIEW
This indicator displays Cyclic Relative Strength Index based on Decoding the Hidden Market Rhythm, Part 1 written by Lars von Thienen.
To determine true or false for Overbought / Oversold are unnecessary, therefore these should be either strong or weak.
Noise for weak Overbought / Oversold can be filtered, especially for smaller timeframe.

█ FEATURES
  • Display calculated Cyclic Relative Strength Index.
  • Zigzag high low based on Cyclic Relative Strength Index.
  • Able to filter noise for high low.


█ LEGENDS
◍ Weak Overbought / Oversold
OB ▼ = Strong Overbought
OS ▲ = Strong Oversold

█ USAGE / TIPS
  • Recommend to be used for Harmonic Patterns such as XABCD and ABCD.
  • Condition 1 (XABCD) : When ▼ and ▲ exist side by side, usually this outline XA, while the next two ◍ can be BC.
  • Condition 2 (ABCD) : When ▼ and ▲ exist side by side, usually this outline AB, while the next one ◍ can be BC, strong ABCD.
  • Condition 3 (ABCD) : When ▼ or ▲ exist at Point A, the next two ◍ can be Point B and Point C, medium ABCD.
  • Condition 4 (ABCD) : When ◍ exist at Point a, the next two ◍ can be Point b and Point c, weak ABCD usually used as lower case as abcd.


█ CREDITS
LoneSomeTheBlue
WhenToTrade

릴리즈 노트

Remove hline(0) and hline(100) for better visibility.

릴리즈 노트

Add switch for RSI and Cyclic RSI.
Update name for input.
Add option for noise label.
Add credits into comment.

릴리즈 노트

Add Collapsible code sections for line 13, 24, 34, 39, 52, 77, 90 and 128

릴리즈 노트

Add alert.
코멘트
kennairne
Great Indicator for exiting a trade. I can't see why so many having hangups about indicators Repainting! Almost every indicator on TV repain
RedKTrader
Nice work ...! Looking forward for more ..
RozaniGhani-RG
@RedKTrader, thank you very much for your support.
Trendoscope
Good job mate.
RozaniGhani-RG
@HeWhoMustNotBeNamed, thank you mate.
so much need to improve.
Bubba_Ray_Lemon
@RozaniGhani-RG, any tips on how to work around the repaint? should we always use the zig zag version in conjuncture with the normal?
akashguin
Total useless full of repaints 😫
RameshAkula
Repainting very much
zied424
Hello my friend, how can I put an alert for this strategy?
cocopufftrader
This is REALLY great, but can you do something about it auto-zooming out so far? The boundaries are incredibly shrunk, have to zoom in EVERY time I switch assets... please make more useable!
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