CRSI - Eddy

Based on Cyclic Smoothed Relative Strength Indicator v2 by WhenToTrade

The cyclic smoothed RSI indicator is an enhancement of the classic RSI , adding

- additional smoothing according to the market vibration,
- adaptive upper and lower bands according to the cyclic memory and
- using the current dominant cycle length as input for the indicator.

The cRSI is used like a standard indicator but I've added bar colors and reduced the period minimum to 1.
The default settings uses period of 4.

Bar colors explanation:
Yellow = Bullish cross up of crsi and ub
Lime = bullish continuation
Fuchsia = Cross down of crsi and ub
Red = Cross down of crsi and db
Black = Bearish continuation

ub = aqua line high
db = aqua line low
crsi = fuchsia line representing smoothed RSI

Enjoy!

Notas de prensa:

- Fixed default period to 6
- Added green fill to indicate bullish trend
- Added red fill to indicate bearish trend

Notas de prensa:

- Update on the CRSI chart with more colors showing the bull and bear trends

Notas de prensa:

- Yellow very bullish momentum
- Fuchsia very bearish momentum

Notas de prensa:

- Fixed an issue with db going to 999999