Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now, It is Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
Available coupon codes for premium Elite Membership:
If you are a researcher and pay attention to details, you qualify for our 10% discount - "CHARTIST"
If you are a veteran or in public/community service, you qualify for 15% discount - "PURPLECHART"
If you are 60+ years old, you qualify for our 20% discount - "WISDOM"
Discounts are based on the honor system. If we can't trust you to do the right thing, please move along.
(If you already have an account, login at the top of the page)
if you build the indie w a moving average or plotting a line to represent the values NT has a built in indie plot visual combo box and allows you to set the visuals of most histogram values to different plot settings, like a Bar(shown in your image), Block, Box, Cross, Dot, Hash, Horizontal Line, Line, so just create it to use that and set to Bar.
The following user says Thank You to TigerStripes for this post:
I have questions, can you explain the chart. Please post a picture showing the histogram & the corresponding chart.
If you use indies that are best used to reproduce that image or ones that you like, post those or a link to those indies.
My q's here start w Why is there 2 RSI's, one slow & one fast, if you can also add an image showing what part of the image is the RSI 5 & which is the RSI 14 I can attempt to write it. I am able to nest an RSI into momentum indie which reproduces that effect and can do the opposite nesting the momentum in the RSI to show when momentum in RSI shows an Overbought or oversold condition. Still not sure here when the need to have 2 comes into the indie, unless you overlay each and notice convergence, or you just want to display 2 values of the trend to get a confirmed momentum.
The following 2 users say Thank You to TigerStripes for this post:
RSI DIVERGENCE is a difference between a fast and a slow RSI . Default values are 5 for the fast one and 14 for the slow one.
signal line: when RSI Divergence cross zero line from bottom to top you get a buy signal (the line become green), vice versa when the RSI Divergence cross zero line in the opposite way you get a sell signal (the line become red)
I need help coding from Tradingvidew to Ninjatrader 8. Instead of a line, I need the indicator to print columns, similar to picture.
Here is the TV code:
I am unsure myself how two RSI MAs and validate the values they currently are then equate each, show divergences and display each.
I have a few divergence Indies, it will bet show RSI and price divergence
They use as an input data series under an RSI or any indie that can display the divergence between it's values and current price relative to recent swig high and lows.
The following user says Thank You to TigerStripes for this post:
If the requirement is indeed just a simple subtraction of 2 RSI lines*, see if this works for you:
* Caveat 1: NinjaTrader's built-in RSI indicator has a parameter called "Smoothing". I haven't looked into how it affects the calculations. The default value (if you apply an RSI indie to a chart) is 3, which is what I've hard-coded here in lines 60 and 61.
* Caveat 2: Also, the builti-in RSI plots two curves, one being the RSI and the other being an "Average" of some sort. If you want the calcs to use this "Average" value instead, change lines 60 and 61 to: