pi RSI

12 Kas 2020

I named this relative strength index indicator pi RSI because it uses the first 9 sequential numbers in Archimedes constant "pi" 3.14159265. I felt that the never ending, non repeated number, pi, was a good candidate for an input that tracks the constantly changing trends these days. This is a price momentum indicator that helps you evaluate overbought or oversold conditions. By the default colors, when the white line is above the purple it's going bullish. And when the white line is under the purple it's going bearish. Also, on the scale, 50 is neutral, below 25 is getting oversold and above 75 is getting overbought. This indicator is useful in conjunction with other price and volume indicators to help redundantly confirm future price action. Good luck and happy trading friends...

12 Kas 2020

Sürüm Notları

input adjustment

12 Kas 2020

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short title in pine script lower case

24 Kas 2020

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input tweak = ohlc4

7 Ara 2020

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+ 2 hlines & 85% transp default

12 Mar 2022

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Update to indicator version5
Feature upgrade track price
Add D Variable 8th & 9th number of pi "65"
Add Signal speed 10th & 11th number of pi "35"

27 Ara 2022

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Add MFI signal 8 default
Remove D stochastic
Change default colors
Default track display off

28 Oca 2023

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header update

1 Şub 2023

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Add a Total line calculation option of all 4 averaged.

4 Mar 2023

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update 3/4/23:
Add volume weighted stochastic accumulation / distribution.
Total line calculation to include all 5 averaged.
Reorganize & rename user input settings.
Add tool tips.

5 Mar 2023

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Add a tool tip for Total

1 Kas 2023

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update 10/30/23:
1)fine tune length settings.
2) add long, bullish, short, bearish circles option.
3) add bullish or bearish color coded horizontal line signal.
4) make a bullish or bearish histogram.

2 Kas 2023

Sürüm Notları

add crossover / crossunder triangle option