RSI Rainbow Chart

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RSI Rainbow Chart

Postby Apprentice » Fri Aug 24, 2012 1:54 am

Rainbow Charts Template.png

This is a completely new way of data presentation.
Shows the value of the indicator for all periods.
This is an experimental indicator, further improvements are possible.

This indicator is not about accuracy, rather presentation.

For this purpose it use 3D averaging algorithm.
Every data point is an average of 9 points.
Current and Lines above and below, Current and periods above and below.

RSI Rainbow Chart.lua
(4.23 KiB) Downloaded 549 times


The indicator was revised and updated
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Apprentice
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Re: RSI Rainbow Chart

Postby Apprentice » Mon Aug 27, 2012 1:48 am

From now onward you have the choice whether you want to use averaging.
I have found that 3D averaging blurs glance at current market conditions.
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Apprentice
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Re: RSI Rainbow Chart

Postby Apprentice » Wed Nov 05, 2014 5:42 am

Performance and presentation update.
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Apprentice
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Posts: 36341
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Re: RSI Rainbow Chart

Postby Apprentice » Tue Jun 27, 2017 3:43 am

The indicator was revised and updated.
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Apprentice
FXCodeBase: Confirmed User
 
Posts: 36341
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia


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