Support Board
Date/Time: Mon, 20 Jan 2025 19:02:46 +0000
Post From: Reverse Engineering RSI
| [2018-06-29 16:00:50] |
| User80860 - Posts: 5 |
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Is there anyone still reading this forum? I hope so. I would also like to have the Reverse Engineering RSI ported to Sierra Chart, if possible. I find it more valuable than all other Moving Averages I know. It shouldn't take more than 5 minutes to someone who knows what they're doing. Here's the code from Thinkscript: input length = 50; input price = close; input rsiValue = 50.0; input smoothingType = {default Wilders, EMA}; def coeff = rsiValue / (100 - rsiValue); def chg = price - price[1]; def diff; switch (smoothingType) { case Wilders: diff = (length - 1) * (WildersAverage(Max(-chg, 0), length) * coeff - WildersAverage(Max(chg, 0), length)); case EMA: diff = (length - 1) * (ExpAverage(Max(-chg, 0), length) * coeff - ExpAverage(Max(chg, 0), length)) / 2; } def value = price + if diff >= 0 then diff else diff / coeff; plot RevEngRSI = CompoundValue(1, value[1], Double.NaN); RevEngRSI.SetDefaultColor(GetColor(8)); Thanks! Date Time Of Last Edit: 2018-06-29 16:01:48
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