iCharts Discussions

SwingTrader · Posted: Tue Dec 02, 2008 9:26 pm Post subject: Custom Indicator - RSI with EMA

I am attaching a custom indicator file: RSI with EMA. This is RSI plotted with Exponential Moving Average. This is something many users had asked us.

To add this custom indicator, right click on any Indicator list drop down on the 2nd toolbar and select "Define New Indicator...". This will open the indicator definition window. Copy & Paste the contents of our attached file and click the OK button. You will see the indicator plotted under the chart in one of the two indicator areas.

NOTE: You will need to click the "Save Preferences" button to save the indicator to your preferences.

IMPORTANT: Custom Indicators are available only in JCharts (RT-Premium) and JCharts (RT-Comm)

Please post your questions about custom indicators in this forum. We will post clarifications.

maha · White Belt Joined: 05 Oct 2008 Posts: 24

Sir, not able to add this custom indicator known as RSEX, can you help me?

vimalmehta · White Belt Joined: 07 Apr 2009 Posts: 20

Hi .. i know a lot of indicators but, is there a page where you could explain the wide variety of indicators offerred by you like BOP, trix etc...Basically a glossary of all indicators.

I also wonder if you provide custom indicators for market internals in our market. stuff like trin, tick, on balance volume, AD, breadth etc...( a lot of these are index specific stuff). Thanx Vimal.

GHAISAS · White Belt Joined: 01 Feb 2010 Posts: 349

ST Sir, Thanks for info. I have plotted successfully. However, i feel the blue line is RSI and the brownish one is EMA. Parameter 1 is 21 and parameter 2 is 9. i am new to this thread. How to identify buy / sell / diversion etc? Can we change the parameters? Which parameter is best for Intraday trading? Kindly guide. Looking forward.

newinvestor · White Belt Joined: 16 Feb 2010 Posts: 120

Hi ST. Possible to give a trial period of abt 15 days to Basic subscribers also, so we could check it out and if found useful, can upgrade the subscription to Premium in order to access JCharts RT Premium?

nageswararao_v · White Belt Joined: 22 Jul 2010 Posts: 54

ProTrader · Site Admin Joined: 06 Jul 2008 Posts: 433

Folks:

We don't advice you to use this indicator. This will slow down your data updates. This is a very old post as you can see the original date it was created.

There are no Trial Subscription Laughing

.

We will publish a list of all indicators in JCharts and Live Charts and a brief description about it shortly.

Thanks & Regards,
ProTrader

chiragbvyas · White Belt Joined: 18 Feb 2010 Posts: 469

Nagesh,

if u wish to notify highest high and lowest low of any number of candles within your TF(5,10,15,30,60 minutes), just go to the LIVE CHARTS (PREMIUM), select DONCHIAN indicator, modify value to 10 , select TF (in your case it is 10 minutes), and thats it. if you choose donchian 20 then u will get highest high and lowest low of 20 bars.(set TF according to it). I think it can be useful to you. if find any doubts pls post yr query with charts, or u can see this method in SVKUM Sir's thread DONCHIAN Channel. Happy Trading.

Chirag.

ven657 · White Belt Joined: 21 Oct 2009 Posts: 51

Rsex is great.

One more indicator ploting 3 period sma of pivotal point and pivotal point would be helpful.

ven657

welgro · Brown Belt Joined: 24 Sep 2012 Posts: 1784

Dear ST and PT ,

Here i attached the formula

kamal.icharts · Site Admin Joined: 10 Apr 2013 Posts: 576

Dear Member,

In JCharts, custom upper indicators cannot be defined. In Platinum, it can be coded as a custom indicator but the color change is not possible.

Regards

Kamal