2 different new versions... they look cute The top one is a histogram v2 and the bottom one a cloud ver sion or a combination of 2 clouds one on top on the other.

HERE is the script for histogran2


#histogram2
#torque_rsi
declare lower;
input Channel_Length = 10; #10
input Average_Length = 20; #20, 11
input over_bought_1 = 60;
input over_bought_2 = 53;
input over_sold_1 = -60;
input over_sold_2 = -53;
input show_bubbles = yes;
input show_sec_bbls = no;
input show_alerts = yes;
def ap = hlc3;
def esa = ExpAverage(ap, Channel_Length);
def d = ExpAverage(AbsValue(ap - esa), Channel_Length);
def ci = (ap - esa) / (0.015 * d);
def tci = ExpAverage(ci, Average_Length);
def wt1 = tci;
def wt2 = SimpleMovingAvg(wt1, 2);

#plot zerobase =0;
#zerobase.setLineWeight(2);
#zerobase.setDefaultColor(color.white);

plot wt3 = (wt1 - wt2);
wt3.SetLineWeight(1);
wt3.SetDefaultColor(Color.YELLOW);
wt3.setStyle(1);
#wt3.hide();
#---------------------------------

input length3 = 2;
input length3b =6;
input price = close;
input averageType = AverageType.WILDERS;

def NetChgAvg3 = MovingAverage(averageType, price - price[1], length3);
def TotChgAvg3 = MovingAverage(averageType, AbsValue(price - price[1]), length3b);
def ChgRatio3 = if TotChgAvg3 != 0 then NetChgAvg3 / TotChgAvg3 else 0;

plot RSI3 = 10 * (ChgRatio3 + 1) - 10;
rsi3.SETDefaultColor(color.green);
rsi3.setLineWeight(2);
rsi3.hide();



input lengthr = 84;
#input price = close;
input averageType2 = AverageType.WILDERS;

def NetChgAvg = MovingAverage(averageType2, price - price[1], lengthr);
def TotChgAvg = MovingAverage(averageType2, AbsValue(price - price[1]), lengthr);
def ChgRatio = if TotChgAvg != 0 then NetChgAvg / TotChgAvg else 0;

def RSI = 50 * (ChgRatio + 1)-50;
DEF RS = average(RSI, 2);
def RS_ = average(RS, 3);
#def all = (rs-rs_);

plot diff = 5*(rs-rs_);
diff.setDefaultColor(color.white);
diff.setPaintingStrategy(paintingStrategy.HISTOGRAM);

plot rana = (diff-rsi3);
RANA.SETDefaultColor(color.red);
RANA.setLineWeight(4);
rana.setPaintingStrategy(paintingStrategy.HISTOGRAM);
rana.assignValueColor(if rana>wt3 then color.red else createcolor(0, 120, 180));


plot rana2 = (rsi3-rana);
rana2.SETDefaultColor(color.green);
rana2.setLineWeight(4);
rana2.setPaintingStrategy(paintingStrategy.HISTOGRAM);

rana2.assignValueColor(if rana2>wt3 then color.green else createcolor(200, 200, 10));
#end code

How are you using this in your trades? As a filter? An Entrance or exit?

hi, the target is to develop something to make trading EASY with the tools that the MASTER (TOS) has offered us.
THE best tool for me would be access to market depth but not offered by most platforms.

So... i am doing paper money on 30 min time frame which i have find out its the best for this study, and i enter when i see green clouds are scaling up and exit when green (over all) is scaling down or red scaling up.

TRY IT your self and see.

and here is THE CLOUD version. it works better on a 30 min time frame....



#UGLY_2clouds
#created by alagrande 05/19/20
#Thanks to Lazy Bear for THE BLUE WAVE.
#torque_rsi
declare lower;


input Channel_Length = 10; #10
input Average_Length = 20; #20, 11
input over_bought_1 = 60;
input over_bought_2 = 53;
input over_sold_1 = -60;
input over_sold_2 = -53;
input show_bubbles = yes;
input show_sec_bbls = no;
input show_alerts = yes;
def ap = hlc3;
def esa = ExpAverage(ap, Channel_Length);
def d = ExpAverage(AbsValue(ap - esa), Channel_Length);
def ci = (ap - esa) / (0.015 * d);
plot tci = .5* ExpAverage(ci, Average_Length);
tci.setLineWeight(2);
tci.hide();
def wt1 = tci;
plot wt2 = SimpleMovingAvg(wt1, 2);
wt2.hide();

plot yellow_ = (wt1 - wt2);


input lengthr = 34;
input price = close;
input averageType2 = AverageType.WILDERS;

def NetChgAvg = MovingAverage(averageType2, price - price[1], lengthr);
def TotChgAvg = MovingAverage(averageType2, AbsValue(price - price[1]), lengthr);
def ChgRatio = if TotChgAvg != 0 then NetChgAvg / TotChgAvg else 0;

def RSI = 50 * (ChgRatio + 1) - 50;
def RS = Average(RSI, 2);
def RS_ = Average(RS, 3);
def diff = 3 * (RS - RS_);#16

#-----------------
input length3 = 2;
input length3b = 2;
#input price = close;
input averageType = AverageType.WILDERS;
def NetChgAvg3 = MovingAverage(averageType, price - price[1], length3);
def TotChgAvg3 = MovingAverage(averageType, AbsValue(price - price[1]), length3b);
def ChgRatio3 = if TotChgAvg3 != 0 then NetChgAvg3 / TotChgAvg3 else 0;

plot green1 = 20 * (ChgRatio3 + 1) - 20;
green1.SetDefaultColor(Color.GREEN);
#green1.SetLineWeight(1);
#green1.SetStyle(3);
green1.Hide();

plot red1 = 1 * (diff - green1);
red1.SetDefaultColor(Color.RED);
#red1.SetLineWeight(1);
#red1.SetStyle(3);
red1.Hide();

AddCloud(green1, 0, Color.GREEN, Color.RED);
AddCloud(0, red1, Color.GREEN, Color.RED);

AddCloud(green1, 0, Color.GREEN, Color.RED);
AddCloud(0, red1, Color.GREEN, Color.RED);



addlabel(green1>green1[1], " ",
color.green);
addlabel(green1<green1[1], " ", color.red);

#end code


input lengthr2 = 34;
#input price = close;
#input averageType2 = AverageType.WILDERS;

def NetChgAvg2 = MovingAverage(averageType2, price - price[1], lengthr2);
def TotChgAvg2 = MovingAverage(averageType2, AbsValue(price - price[1]), lengthr2);
def ChgRatio2 = if TotChgAvg2 != 0 then NetChgAvg2 / TotChgAvg2 else 0;

def RSI2 = 50 * (ChgRatio2 + 1) - 50;
def RS2 = Average(RSI2, 2);
def RS2_ = Average(RS2, 3);
#def all = (rs-rs_);

def diff2 = 3 * (RS2 - RS2_);#16

#RSI2--------------------------------------
input length4 = 14;
#input price = close;
#input averageType = AverageType.WILDERS;

def NetChgAvg4 = MovingAverage(averageType, price - price[1], length4);
def TotChgAvg4 = MovingAverage(averageType, AbsValue(price - price[1]), length4);
def ChgRatio4 = if TotChgAvg4 != 0 then NetChgAvg4 / TotChgAvg4 else 0;

def RSI0 = 50 * (ChgRatio4 + 1) - 50;
def RSI4 = Average(RSI0, 2);
def rsi4_ = Average(RSI4, 3);

####
def white = 3 * (RSI4 - rsi4_);


plot yellow = 2* (yellow_ - white);
yellow.SetStyle(1);
yellow.SetLineWeight(1);
yellow.SetDefaultColor(Color.yellow);
#yellow.hide();
#-----------------
input length5 = 2;
input length5b = 8;
#input price = close;
#input averageType = AverageType.WILDERS;
def NetChgAvg5 = MovingAverage(averageType, price - price[1], length5);
def TotChgAvg5 = MovingAverage(averageType, AbsValue(price - price[1]), length5b);
def ChgRatio5 = if TotChgAvg5 != 0 then NetChgAvg5 / TotChgAvg5 else 0;

plot green_ = 20 * (ChgRatio5 + 1) - 20;
green_.SetDefaultColor(Color.GREEN);
green_.SetLineWeight(1);
green_.SetStyle(3);
#green_.Hide();

plot red_ = 1 * (diff - green_);
red_.SetDefaultColor(Color.RED);
red_.SetLineWeight(1);
red_.SetStyle(3);
#red_.Hide();

AddCloud(green_, 0, Color.GREEN, Color.RED);
AddCloud(0, red_, Color.GREEN, Color.RED);

addlabel(green_>green_[1], " ",
color.green);
addlabel(green_<green_[1], " ", color.red);
#

plot cyan = (white-yellow_);
cyan.SETDefaultColor(color.cyan);
cyan.setLineWeight(2);
cyan.hide();

plot green =(cyan-red_);
green.SETDefaultColor(color.green);
#green.setStyle(3);
#rest.hide();
plot red = (wt2-green);
red.SETDefaultColor(color.red);

INCREDIBLE!!!

I DID IT!!!! my best indicator ever!!!!

3 years of hard work.

Here is a pic

CryptoBuffalo 

Would love the TOS code please. If you're looking for name suggestions, the chart reminds me of that old Atari game, Tempest. You might be too young to remember that game. I'm talking about the OG gaming console of the early 80s. My name suggestion would be RSI_Tempest_Spike.

HI, my friend i have choose you to get the final code. you and only you will get it. Are you interested?

First off, Congratulations!!!! I see all your hard work finally coming through. Would you please share the final version of the code?

Thanks

alagrande 

I DID IT!!!! my best indicator ever!!!! 3 years of hard work. Here is a pic

Are you really serious or is this just a fun thread for amusement?

alagrande 

HI, my friend i have choose you to get the final code. you and only you will get it. Are you interested?

Kinda looks like a flower blooming.