TASC2015April slow RSI

[sumana.m]

Hi

TASC2015April journal.what i am missing to get the output of SRSI ??

[sumana.m]

mostly i am missing something


possibly coded here a similer staff

http://www.sierrachart.com/supportboard/showthread.php?t=31605

[sumana.m]

 public class srsi : Indicator
    {
        #region Variables
        // Wizard generated variables
            private int period = 14; // Default setting for Period
            private int emaperiod = 6; // Default setting for Emaperiod
        // User defined variables (add any user defined variables below)
           private DataSeries SRSI; //The SRSI measures the strength of a security relative to a sixday EMA
           private DataSeries srs;
           private DataSeries Averagepositivedifference;
           private DataSeries Averagenegativedifference;
           private DataSeries positivedifference;
           private DataSeries negativedifference;
           private DataSeries wEMA;
        #endregion

        /// <summary>
        /// This method is used to configure the indicator and is called once before any bar data is loaded.
        /// </summary>
        protected override void Initialize()
        {
            SRSI= new DataSeries(this); //The SRSI measures the strength of a security relative to a sixday EMA
           srs=new DataSeries(this);
           Averagepositivedifference=new DataSeries(this,MaximumBarsLookBack.Infinite);
           Averagenegativedifference=new DataSeries(this,MaximumBarsLookBack.Infinite);
           positivedifference=new DataSeries(this,MaximumBarsLookBack.Infinite);
           negativedifference=new DataSeries(this,MaximumBarsLookBack.Infinite);
           wEMA=new DataSeries(this,MaximumBarsLookBack.Infinite);
            
            Add(new Plot(Color.FromKnownColor(KnownColor.Orange), PlotStyle.Line, "SRSIPlot0"));
            Add(new Plot(Color.FromKnownColor(KnownColor.Green), PlotStyle.Line, "EmaSRSI"));
            Overlay                = false;
        }

        /// <summary>
        /// Called on each bar update event (incoming tick)
        /// </summary>
        protected override void OnBarUpdate()
        {
            // Use this method for calculating your indicator values. Assign a value to each
            // plot below by replacing 'Close[0]' with your own formula.
            
            /*
            WEMA formula= price today * K + EMA yesterday * (1-K) where K = 2 / (N+1)

Wilder EMA formula = price today * K + EMA yesterday (1-K) where K =1/N

Where N = the number of periods.
            */
            double k=2/(emaperiod +1);
             wEMA.Set(Close[0]*k+EMA(Close,emaperiod-1)[0]*(1-k));
            //float positive_diff=(Close[0]-wEMA[0]);
            //float negative_diff=(wEMA[0]+Close[0]);
            if(Close[0]>EMA(Close,emaperiod)[0])
            positivedifference.Set(Close[0]-EMA(Close,emaperiod)[0]);
            
            else
            {
            negativedifference.Set((EMA(Close,emaperiod)[0]-Close[0]));
            }
            
            
            //if(positivedifference[0]>=0)    
            Averagepositivedifference.Set(SUM(positivedifference,period)[0]);
            
            //if(negativedifference[0]>=0)
            Averagenegativedifference.Set(SUM(negativedifference,period)[0]);
            
                if(Averagenegativedifference[0]!=0)
                {
                srs.Set((Averagepositivedifference[0]/Averagenegativedifference[0]));
                SRSI.Set(100 - (100/(1+srs[0])));
                }
                else
                {
                    SRSI.Set(SRSI.Get(1));
                }    
                 SRSIPlot0.Set(SRSI[0]);
                
            
            
            //EmaSRSI.Set(Averagepositivedifference[0]/Averagenegativedifference[0]);
        }

chart looking non-satisfactory.

[NinjaTrader_PatrickH]

Hello sumana.m,

Thank you for your post.

I will look into this and follow up with you here.

[sumana.m]

Hello sumana.m,

Thank you for your post.

I will look into this and follow up with you here.

plz share waiting eagerly

[sumana.m]

plz share waiting eagerly

plz check if this version is exactly the same as proposed or not

[NinjaTrader_PatrickH]

Hello sumana.m,

Thank you for your patience.

I was waiting to see if the April TASC trader's tip was already created for NinjaTrader, but it has not been. Unfortunately, I do not have access to this article and therefore have no way to properly troubleshoot your code nor compare against the source information.


Please let me know if you have any questions.

[Harry]

Maybe this one? Just put it together, testing tomorrow.

[Harry]

SRSI published

I have tested the SRSI and added a signal line. It is available open source for free download here:

https://www.bigmiketrading.com/download/ninjatrader-7/indicators/1620-download.html?view

If you are not an elite member of Big Mike's you may contact me via private message to obtain it. I am not posting it here, because I cannot do the indicator maintenance, if they are posted in different locations.