All about RSI & Variant

Hi Amir_A,

Please check out one more non-repainting version of the EATA indicator.


Regards,
Igor

Color Zerolag RSI indicator (attached) for Metatrader 5

AllKindsOfRSI_v1.2 600+ indicator is on this post. This is the advanced version of AllKindsOfRSI indicator which allows to show divergences.

This is the updated Lawgirl's Trend Display indicator which shows the candle direction for the listed symbols and timeframes.
Go here to download.

Lawgirl's Trend Display indicator was updated/fixed so go to this post to download.

AllKindsOfRSI_5TFs_v1.0 600+ indicator is on this post (premium section link). This is the AllKindsOfRSI_5TFs indicator which shows the overbought/oversold conditions for 5 timeframes(red/blue vertical lines) and for 3 first timeframes(red/blue candles) on the main chart.This version is for the build 600 and above

RSISignal - indicator for MetaTrader 4

Features

• Displays 3 RSI lines of different periods and the MA of the first RSI line (smoothed RSI).
• Displays the MA of the smoothed RSI. The crosses of smoothed RSI and its MA can be used as the signals.
• Displays histogram for RSI or its Moving Average.
• Colored level lines.
• Two color MA lines.
• Four color histogram.
• Color filling between overbought and oversell levels (background).
• Users can turn off/on most of the features mentioned above.

About RSI value of this indicator

• The RSI value of this indicator = original RSI value - 50
• The overbought/oversell level = original overbought/oversell level - 50

And same indicator with alert can be found here.

Rocket RSI - indicator for MetaTrader 5

As described in the May 2018 edition of Technical Analysis of Stocks & Commodities by John F. Ehlers. This indicators is an enhancement to the traditional RSI for detecting cyclical reverses.
How to use this indicator in practice:

• If the indicator spikes below -2, this shows a high probability of a bullish reversal and is therefore a buy signal.
• If the indicator spikes above 2, this shows a high probability of a bearish reversal and is therefore a sell signal.

RSI Candles - indicator for MetaTrader 5

One possible way of normalizing prices into a known bound.

This is a RSI of High, Low, Open and Close displayed as color candles in it's own sub-window. The interesting is that the prices are reflected in a very close manner to a known 0 to 100 range and that opens a lot of new possibilities.

RSI Candles - Smoothed - indicator for MetaTrader 5

Combination of 4 RSI values (RSI of High, Low, Open and Close) displayed as candles.

This version has additional option to enable prices pre-smoothing prior to be used in calculation, which makes it an RSI-of-MA combination. To avoid prices pre-smoothing, use smoothing period that is less than or equal to 1.