RSI Oscillator Request...

[DWetherell]

To the Programmers:

Recently, I have been experimenting with a simple yet powerful new indicator. I call it the RSI Oscillator. Basically it is a moving average of a Short term RSI minus a Longer term RSI.

Logically written, it would be...

Moving Average(Periods) of (RSI (Short term period) minus RSI(Longer Term Period).

I have found that a good default setting for these would be...
Moving Average (5)
Short Term RSI (10)
Long Term RSI (25)

Moving Average(5) of (RSI(10) - RSI(25))

Let me know if you can write this indicator for Tradestation in the LUA language.

Thank You

[Apprentice]

Oscillator that you seek you find here.
viewtopic.php?f=17&t=1882&start=0

[DWetherell]

Thanks for the new indicator Apprentice. I am curious...can you make a colored bar version or a Histogram version of this indicator? Forgive me....I forgot to ask in my original email.

D.Wetherell

[Apprentice]

Done.