Support Board
Date/Time: Fri, 28 Feb 2025 18:31:56 +0000
[User Discussion] - RSI histogram indicator
View Count: 1877
| [2021-06-17 08:47:23] |
| User467494 - Posts: 23 |
|
Hi there: Am looking for the RSI with a choice of moving averages (Wilder, expo, simple, etc) but which I can display in histogram mode. ZERO being 50. A number of other software packages offer this and some call it "Reverse Engineered RSI". I've searched this forum but haven't been able to find any info on this. I suspect you'd very successful if you were to add this indicator because the RSI in this mode is a superb trend director. See the enclosed for an idea of how this works. Thanks |
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| [2021-08-18 13:25:59] |
| SC Support Tom - Posts: 450 |
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You can do this in Sierra Chart. Use the study called Study Subgraph - Subtract. Study Subgraph Subtract Apply this study to the same chart to which the RSI study is applied. In the Settings and Inputs tab for Study Subgraph - Subtract, do the following. * Set Based On to RSI. * Set Input Data to RSI. * Set Amount to Subtract to 50. Chart Studies: Settings and Inputs tab This will draw the Subgraph for RSI - 50. Then in the Subgraphs tab for Study Subgraph - Subtract, set Draw Style to Bar, and then click Apply. Chart Studies: Subgraphs Tab See the attached image for the results. |
 $INX Daily #1 2021-08-18 08_24_29.321.png / V - Attached On 2021-08-18 13:25:41 UTC - Size: 27.34 KB - 323 views |
| [2021-08-19 08:09:10] |
| User467494 - Posts: 23 |
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Tom: Thanks very much indeed! Have a look - been able to do it! Lovely! Best wishes! |
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