Standard Deviation Bands on Slow RSI

hectorgasm

hectorgasm

Member
I'm trying to plot std deviation bands on slow rsi but they always end up at the bottom of the indicator, can someone help me figure out the right code please? :)
Code: 
declare lower;

input emaLength = 50;
input rsiLength = 200;
input over_bought = 80;
input over_sold = 20;

def ema = ExpAverage(close, emaLength);
def netChgAvg = WildersAverage(close - ema, rsiLength);
def totChgAvg = WildersAverage(AbsValue(close - ema), rsiLength);
def chgRatio = if totChgAvg != 0 then netChgAvg / totChgAvg else 0;

plot SlowRSI = 50 * (chgRatio + 1);
plot OverBought = over_bought;
plot MiddleLine = 50;
plot OverSold = over_sold;

SlowRSI.SetDefaultColor(GetColor(8));
OverBought.SetDefaultColor(GetColor(5));
MiddleLine.SetDefaultColor(GetColor(5));
MiddleLine.SetStyle(Curve.LONG_DASH);
OverSold.SetDefaultColor(GetColor(5));





input stdLength = 50;
input stdFactor = 3;
plot updev = stdFactor*StDev(slowRSI, stdLength);
plot downdev = -stdFactor*StDev(slowRSI, stdLength);
LcRNk9.jpg
 
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def dev = StDev(slowRSI, stdLength);

plot updev =slowRSI+ stdFactor* Dev;
plot downdev = slowRSI+ stdFactor* Dev;


this is the way i do it, deffine the dev first, then add/subtract it to/from the slowRSI multiplied by how many factors(std) you like.
 
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germanburrito said:
def dev = StDev(slowRSI, stdLength);

plot updev =slowRSI+ stdFactor* Dev;
plot downdev = slowRSI+ stdFactor* Dev;


this is the way i do it, deffine the dev first, then add/subtract it to/from the slowRSI multiplied by how many factors(std) you like.
Click to expand...
thanks so much german burrito, tried what you said but looks like the deviations never touch slowRSI haha
9gNuKX.jpg
 
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@hectorgasm Thought this was on here somewhere but maybe not. See if this is more like what you wanted.
Code: 
# RSI with Standard Deviation_Channels

# Horserider 2/5/2020


declare lower;

#RSI

input length = 14;

input price = close;

input averageType = AverageType.WILDERS;


def NetChgAvg = MovingAverage(averageType, price - price[1], length);

def TotChgAvg = MovingAverage(averageType, AbsValue(price - price[1]), length);

def ChgRatio = if TotChgAvg != 0 then NetChgAvg / TotChgAvg else 0;


plot RSI = 50 * (ChgRatio + 1);

#               

RSI.DefineColor("Positive and Up", Color.GREEN);

RSI.DefineColor("Positive and Down", Color.DARK_GREEN);

RSI.DefineColor("Negative and Down", Color.RED);

RSI.DefineColor("Negative and Up", Color.DARK_RED);

RSI.AssignValueColor(if RSI >= 50 then if RSI > RSI[1] then RSI.Color("Positive and Up") else RSI.Color("Positive and Down") else if RSI < RSI[1] then RSI.Color("Negative and Down") else RSI.Color("Negative and Up"));




####################################
input deviations = 2.0;
input fullRange = Yes;
input lengthsd = 21;

def regression;
def stdDeviation;
if (fullRange) {
    regression = InertiaAll(rsi);
    stdDeviation = stdevAll(rsi);
} else {
    regression = InertiaAll(rsi, lengthsd);
    stdDeviation = stdevAll(rsi, lengthsd);
}

plot UpperLine = regression + deviations * stdDeviation;
plot MiddleLine = regression;
plot LowerLine = regression - deviations * stdDeviation;

UpperLine.SetDefaultColor(GetColor(2));
MiddleLine.SetDefaultColor(GetColor(8));
LowerLine.SetDefaultColor(GetColor(6));

input deviations2 =1.30;
input fullRange2 = Yes;
input lengthsd2 = 21;

def regression2;
def stdDeviation2;
if (fullRange) {
    regression2 = InertiaAll(rsi);
    stdDeviation2 = stdevAll(rsi);
} else {
    regression2 = InertiaAll(rsi, lengthsd2);
    stdDeviation2 = stdevAll(rsi, lengthsd2);
}

plot UpperLine2 = regression2 + deviations2 * stdDeviation2;
plot MiddleLine2 = regression2;
plot LowerLine2 = regression2 - deviations2 * stdDeviation2;

UpperLine2.SetDefaultColor(GetColor(3));
MiddleLine2.SetDefaultColor(GetColor(8));
LowerLine2.SetDefaultColor(GetColor(7));
#########################################
input AverageTypeBB = {default SMA, EMA};
input displaceBB = 0;
input lengthBB = 5;

plot midline ;
switch (AverageTypeBB) {
case SMA:
    midline   = reference BollingerBands(RSI, displaceBB, lengthBB , averageType = AverageType.EXPONENTIAL).Midline;
case EMA:
    midline   = reference BollingerBands(RSI, displaceBB, lengthBB, averageType = AverageType.EXPONENTIAL).Midline;
}

midline.SetDefaultColor(GetColor(3));
 
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horserider said:
@hectorgasm Thought this was on here somewhere but maybe not. See if this is more like what you wanted.
Code: 
# RSI with Standard Deviation_Channels

# Horserider 2/5/2020


declare lower;

#RSI

input length = 14;

input price = close;

input averageType = AverageType.WILDERS;


def NetChgAvg = MovingAverage(averageType, price - price[1], length);

def TotChgAvg = MovingAverage(averageType, AbsValue(price - price[1]), length);

def ChgRatio = if TotChgAvg != 0 then NetChgAvg / TotChgAvg else 0;


plot RSI = 50 * (ChgRatio + 1);

#              

RSI.DefineColor("Positive and Up", Color.GREEN);

RSI.DefineColor("Positive and Down", Color.DARK_GREEN);

RSI.DefineColor("Negative and Down", Color.RED);

RSI.DefineColor("Negative and Up", Color.DARK_RED);

RSI.AssignValueColor(if RSI >= 50 then if RSI > RSI[1] then RSI.Color("Positive and Up") else RSI.Color("Positive and Down") else if RSI < RSI[1] then RSI.Color("Negative and Down") else RSI.Color("Negative and Up"));




####################################
input deviations = 2.0;
input fullRange = Yes;
input lengthsd = 21;

def regression;
def stdDeviation;
if (fullRange) {
    regression = InertiaAll(rsi);
    stdDeviation = stdevAll(rsi);
} else {
    regression = InertiaAll(rsi, lengthsd);
    stdDeviation = stdevAll(rsi, lengthsd);
}

plot UpperLine = regression + deviations * stdDeviation;
plot MiddleLine = regression;
plot LowerLine = regression - deviations * stdDeviation;

UpperLine.SetDefaultColor(GetColor(2));
MiddleLine.SetDefaultColor(GetColor(8));
LowerLine.SetDefaultColor(GetColor(6));

input deviations2 =1.30;
input fullRange2 = Yes;
input lengthsd2 = 21;

def regression2;
def stdDeviation2;
if (fullRange) {
    regression2 = InertiaAll(rsi);
    stdDeviation2 = stdevAll(rsi);
} else {
    regression2 = InertiaAll(rsi, lengthsd2);
    stdDeviation2 = stdevAll(rsi, lengthsd2);
}

plot UpperLine2 = regression2 + deviations2 * stdDeviation2;
plot MiddleLine2 = regression2;
plot LowerLine2 = regression2 - deviations2 * stdDeviation2;

UpperLine2.SetDefaultColor(GetColor(3));
MiddleLine2.SetDefaultColor(GetColor(8));
LowerLine2.SetDefaultColor(GetColor(7));
#########################################
input AverageTypeBB = {default SMA, EMA};
input displaceBB = 0;
input lengthBB = 5;

plot midline ;
switch (AverageTypeBB) {
case SMA:
    midline   = reference BollingerBands(RSI, displaceBB, lengthBB , averageType = AverageType.EXPONENTIAL).Midline;
case EMA:
    midline   = reference BollingerBands(RSI, displaceBB, lengthBB, averageType = AverageType.EXPONENTIAL).Midline;
}

midline.SetDefaultColor(GetColor(3));
Click to expand...
thanks my dude
 
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Ahmar824 said:
https://photos.app.goo.gl/uPmRU1ZhP8VCKUK4A
Click to expand...
i believe this is correct. what do you use this for if you dont mind me asking


Code: 
#
# TD Ameritrade IP Company, Inc. (c) 2017-2021
#

input price = close;
input length = 200;
input displace = 0;
input showBreakoutSignals = no;

def SMA = Average(price[-displace], length);
plot UpSignal = price crosses above SMA;
plot DownSignal = price crosses below SMA;

UpSignal.SetHiding(!showBreakoutSignals);
DownSignal.SetHiding(!showBreakoutSignals);


UpSignal.SetDefaultColor(Color.UPTICK);
UpSignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
DownSignal.SetDefaultColor(Color.DOWNTICK);
DownSignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);

plot average = ((close- sma)/close)*100;
plot zero= 0;
 
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germanburrito said:
i believe this is correct. what do you use this for if you dont mind me asking


Code: 
#
# TD Ameritrade IP Company, Inc. (c) 2017-2021
#

input price = close;
input length = 200;
input displace = 0;
input showBreakoutSignals = no;

def SMA = Average(price[-displace], length);
plot UpSignal = price crosses above SMA;
plot DownSignal = price crosses below SMA;

UpSignal.SetHiding(!showBreakoutSignals);
DownSignal.SetHiding(!showBreakoutSignals);


UpSignal.SetDefaultColor(Color.UPTICK);
UpSignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
DownSignal.SetDefaultColor(Color.DOWNTICK);
DownSignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);

plot average = ((close- sma)/close)*100;
plot zero= 0;
Click to expand...
Thank you for replying back let me take a look at it..... By the way you think this is the script which is in the picture on the bottom right?
 
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germanburrito said:
i believe this is correct. what do you use this for if you dont mind me asking


Code: 
#
# TD Ameritrade IP Company, Inc. (c) 2017-2021
#

input price = close;
input length = 200;
input displace = 0;
input showBreakoutSignals = no;

def SMA = Average(price[-displace], length);
plot UpSignal = price crosses above SMA;
plot DownSignal = price crosses below SMA;

UpSignal.SetHiding(!showBreakoutSignals);
DownSignal.SetHiding(!showBreakoutSignals);


UpSignal.SetDefaultColor(Color.UPTICK);
UpSignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
DownSignal.SetDefaultColor(Color.DOWNTICK);
DownSignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);

plot average = ((close- sma)/close)*100;
plot zero= 0;
Click to expand...
Thank you again! it lets you know how the trend is..... But I'm looking for one in the picture (lower indicator) basically it gives you price with 0 line in the middle as a 200 ema and the actual line price crosses above and below 0 line in the middle as 200 EMA
 
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