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STD-Filtered Variety RSI of Double Averages w/ DSL [Loxx]

loxx  
ehlers jurik Relative Strength Index (RSI) RSX DSL discontinuedsignallines Standard Deviation (Volatility) filtered stepped
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ehlers jurik relativestrengthindex rsx dsl discontinuedsignallines stdev filtered stepped
STD-Filtered Variety RSI of Double Averages w/ DSL is a standard deviation step filtered RSI indicator that is calculated using double smoothing. The user can choose from 8 different RSI types and 38 different double smoothing types. This indicator uses Discontinued Signal Lines instead of regular signals and levels. This allows the signals to be more precise in catching early trend breakouts and breakdowns.

Things to note
  • Double smoothing of the source does not function like DEMA, for example. This double smoothing is just smoothing of smoothing of source
  • There are two types of smoothing for Discontinued Signals Lines: Regular EMA and Fast EMA
  • T3 RSI has been added on top of Loxx's Variety RSI library

Contained inside this indicator
Loxx's Moving Averages
loxxmas - moving averages used in Loxx's indis & strats

Loxx's Variety RSI
loxxvarietyrsi

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Variety RSI w/ Dynamic Zones
Variety RSI w/ Dynamic Zones [Loxx]

Included
  • Bar coloring
  • Alerts
  • 2 types of signals with precision adjustment
  • Loxx's Variety RSI
  • Loxx's Moving Averages
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Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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