[Free] Karthik Dynamic RSI

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Product Description

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

    Thanksgiving

    Over here we are having the Thanksgiving holiday where we give thanks for everything and I just wanted to give thanks to you for being a fantastic programmer that is getting better and better! For having great communication and for just being an all around great guy and thanks for all your hard work! Thanks buddy!

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

    Just EVERYTHING Combo

    Thank you for everything, your indicators really make sense to my trading.

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

    Snow Eagle Trading Package With Superb Customer Support: A Rare Find In The Industry!

    Once I purchased the Snow Eagle Trading Package, I encountered some issues with charting and settings. So, I contacted support for assistance. I must say, Grace Lopez, the person I was connected with from the support team, was incredibly friendly and promptly resolved every issue I had. I'm highly satisfied with both the company and the service, which isn't very common in the industry. Absolutely awesome service!!!

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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