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  • [Free] Karthik Dynamic RSI

[Free] Karthik Dynamic RSI

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Product Description

Top 5 best-selling products loved by traders over the past 3 months:

PANA Kanal - Breakout Hunter - Imbalance Profile Lidar - SpaceGPS Satellite - Multi-Timeframe Fu$ion

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It has been claimed that traditional oscillators like RSI do not evolve well with the market, due to their fixed overbought and oversold thresholds. That's why some traders have introduced their own RSI versions which can dynamically define overbought and oversold regions, adapting to market conditions.

This RSI version was introduced by Karthik, a very kind technician who has helped the community so much with his amazing trading researches: karthikmarar.blogspot.gr. We just converted the indicator from AmiBroker language to NinjaTrader language. The formula of the indicator is rather complicated; if you want to learn it, please visit the author's website.

This RSI uses dynamic high line, low line, center line as great replacements for 70 level, 30 level, 50 level of the traditional RSI. The RSI staying above high line signals overbought, while the RSI staying below low line signals oversold.

Key features:
  • Plot dynamic RSI, high line, low line, center line
  • Let you define overbought and oversold regions by setting probability values (in the NT7 version, probability values range from 0 to 0.5; in the NT8 version, probability values range from 0 to 50)
  • Let you choose from 9 popular moving-average types to configure center line
    NT8 only
  • Colorize RSI plot based on whether it is above or below center line
  • Paint overbought & oversold regions
  • Be NinjaScript ready for advanced usage, only restricted by your imagination
  • Expose dedicated NinjaScript signals
    NT8 only
Dedicated NinjaScript signals:
  • Signal_State: 1 = overbought, -1 = oversold, 0 = n/a

Media

Software Changelog

  • 10 Nov 2021 - Massive changes, fixes and improvements were made (display name, Z order).
  • 27 Sep 2018 - The indicator was re-exported to be compatible with recent changes of the platform; the toolbar menu was removed.
  • 02 Sep 2016 - Setting groups were reordered; the indicator was re-exported to be compatible with recent changes of the platform.
  • 25 Jul 2016 - The indicator was released (converted from its NT7 version).
  • 03 Sep 2014 - The indicator was released.

Product Media

These media materials may have been recorded/captured in favorable markets. Please review our acceptable marketing practices.

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Installation

Support

  • FREE support for life! Feel free to ask us anything, anytime.

  • On NinjaTrader 8, you even have access to our PRIORITY SUPPORT directly from charts.

  • Please read Customer Service for details.

Software upgrade

  • All software upgrades for NinjaTrader 7 are absolutely FREE of charge.

  • All software upgrades for NinjaTrader 8 are absolutely FREE of charge.

  • A one-time low fee may be required for an upgrade from NinjaTrader 7 to NinjaTrader 8.

  • Please read Upgrade Policy for details.

Terms

  • ALL SALES ARE FINAL & NON-REFUNDABLE!

  • Because software products may be copied and stored easily, we will NOT issue refunds of any kind.

  • Upon purchasing this software, you agree to be bound by Terms of Service.

From very happy customers... 500+ reviews →
  1. product_image [Free] Karthik Dynamic RSI $$
    5 5

    Indicators Improved My Charts. Hannah's Help And Great Customer Service. Will Buy Again.

    I have been using the ninZa.co indicators for several months now and am very happy with what a valuable addition they have been to my charts. I recently decided to add one of the recently released indicators from ninZa.co. But after using for a few days, it wasn’t quite what I had been looking for. I contacted ninZa.co and had the pleasure of working with Hannah for an exchange to a different one of the many available indicators. At the time, the indicator I wanted to purchase to replace the one I had recently bought was on sale. Hannah put through an exchange and without my having to ask, gave me the advantage of the sale price. She also included a pdf that provided education about the indicator I chose to switch to. Any time I have had contact with one of the associates from ninZa.co, I have received excellent customer service, and will not hesitate to purchase from them again.

  2. product_image [Free] Karthik Dynamic RSI $$
    5 5

    Support staff was prompt and efficient

    I came across an issue and ninZa.co's support staff was prompt and efficient.

  3. product_image [Free] Karthik Dynamic RSI $$
    5 5

    Thank You For Providing Free Indicators

    The customer service is very helpful and it's great that I can have these indicators for free.

  4. product_image [Free] Karthik Dynamic RSI $$
    5 5

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These testimonials may not be representative of the experience of other users or customers and do not guarantee future performance or success.

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