Scribd Logo
Upload

Welcome to Scribd!

  • Entry Helper

    Uploaded by

    vivekpandey65
    1K views1 page
    This document defines indicators to plot a Relative Strength Index (RSI) and moving average on a chart. It takes inputs for the RSI period and source, and moving average type and period. It calculates the RSI using the RSI period and source, and a moving average of the RSI using the specified moving average type and period. It then plots the RSI and moving average on the chart with labels.

    Original Description:

    Original Title

    entry_helper

    Copyright

    © © All Rights Reserved

    Available Formats

    TXT, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document defines indicators to plot a Relative Strength Index (RSI) and moving average on a chart. It takes inputs for the RSI period and source, and moving average type and period. It calculates the RSI using the RSI period and source, and a moving average of the RSI using the specified moving average type and period. It then plots the RSI and moving average on the chart with labels.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    1K views1 page

    Entry Helper

    Uploaded by

    vivekpandey65
    This document defines indicators to plot a Relative Strength Index (RSI) and moving average on a chart. It takes inputs for the RSI period and source, and moving average type and period. It calculates the RSI using the RSI period and source, and a moving average of the RSI using the specified moving average type and period. It then plots the RSI and moving average on the chart with labels.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    //@version=5

    indicator(title="LIT - Entry Helper", shorttitle="LIT - Entry Helper",


    format=format.price, precision=2, timeframe="", timeframe_gaps=true)

    ma(source, length, type) =>


    switch type
    "SMA" => ta.sma(source, length)
    "EMA" => ta.ema(source, length)

    rsiLengthInput = input.int(50, minval=1, title="Price Equalibrium", group="RSI


    Settings")
    rsiSourceInput = input.source(close, "Source", group="RSI Settings")
    maTypeInput = input.string("SMA", title="MA Type", options=["SMA", "EMA"],
    group="MA Settings")
    maLengthInput = input.int(60, title="Liquid Equalibrium", group="MA Settings")

    up = ta.rma(math.max(ta.change(rsiSourceInput), 0), rsiLengthInput)


    down = ta.rma(-math.min(ta.change(rsiSourceInput), 0), rsiLengthInput)
    rsi = down == 0 ? 100 : up == 0 ? 0 : 100 - (100 / (1 + up / down))
    rsiMA = ma(rsi, maLengthInput, maTypeInput)

    plot(rsi, "Price Equalibrium", color=#4B0082, linewidth=2)


    plot(rsiMA, "Liquid Equalibrium", color=color.black, linewidth=2)
    //rsiUpperBand = hline(70, "RSI Upper Band", color=#787B86)
    hline(50, "Middle Band", color=color.new(#787B86, 50))
    //rsiLowerBand = hline(30, "RSI Lower Band", color=#787B86)

    You might also like