RSIH‴ | RSI Histogram Momentum

3 juin 2019

RSIH‴ is a Relative Strength Index oscillator that allows you to have a better understanding and interpretation of its behavior once you are able to see it through an histrogram.

As per the standard RSI, RSIH ‴ has extreme zones such as overbought and oversold, but these zones start, respectively, from 20% (similar to 80% on RSI) and from -20% (similar to 20% on RSI), with a mid line at 0% (similar to 50% on RSI).

What is the best is that you can use it with any kind of graphic that it will always considere the real open, close, high and low trading values.

To have access to this indicator, please contact me at: contato @ moneywise . com . br

Believe me, this indicator will make your life much easier!

18 sept. 2019

Notes de version

under validation

5 oct. 2020

Notes de version

One simple improvement:
- arrow showing the RSI direction
- right side bar showing the positive/negative direction for the indicator (line and histogram)

5 oct. 2020

Notes de version

Just wrote a better indicator description.

6 oct. 2020

Notes de version

Just minor adjustment to the INPUT panel.

6 oct. 2020

Notes de version

Just more minor adjustment to the INPUT panel.

6 oct. 2020

Notes de version

Pair of Histogram Expand/Contract Arrow Sign implemented to the right of the indicator (top and bottom).

8 oct. 2020

Notes de version

Added Histogram Expantion/Contration Arrow Sign.

9 juin 2021

Notes de version

New ability to set the timeframe the indicator will present eventhough in a different timeframe window.

30 janv. 2024

Notes de version

Some few increments:
1. Code version converted to 5 ;
2. Added a strategic reversal line, which helps antecipate the RSI signal.