matt5151

Commodity Channel Index/RSI

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study(title="Commodity Channel Index/RSI", shorttitle="CCI/RSI")

length1 = input(14, minval=1)
length2 = input(5, minval=1)

src = input(close, title="Source")

ma = sma(src, length1)
ma2 = sma(src, length2)

cci = (src - ma) / (0.015 * dev(src, length1))
cci2 = (src - ma) / (0.015 * dev(src, length2))

up14 = rma(max(change(src), 0), length1)
down14 = rma(-min(change(src), 0), length1)
up5 = rma(max(change(src), 0), length2)
down5 = rma(-min(change(src), 0), length2)
rsi5 = down5 == 0 ? 100 : up5 == 0 ? 0 : 100 - (100 / (1 + up5 / down5))
rsi14 = down14 == 0 ? 100 : up14 == 0 ? 0 : 100 - (100 / (1 + up14 / down14))
//CCI here
plot(cci, color=green,linewidth=2,title = "cci-14")
plot(cci2, color=green,linewidth=2,title = "cci-5")
//RSI here
plot(rsi14, color=purple,title = "rsi-14")
plot(rsi5, color=blue,title = "rsi-5")
rinku.singh.111
9 months ago
Hello,

The Vdubble bubble indicator based on which the buy and sell signals are generated repaints even after closing the candle. Please let us know if there is something better which doesn't repaint.
Reply
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