RSI with MomentumOscillator

amsman
12 Jan 2018, 08:39

Normally you can open the RSI Indicator, then open the Momentum Osc., select the Source, change it from close to the RSI and both indicators will appear as above.

They are both "Bound" Indicators (both oscillate between fixed values) so I don't think its possible with these two...but I could be wrong...

oneplusoc
12 Jan 2018, 08:48

RE:

amsman said:

Normally you can open the RSI Indicator, then open the Momentum Osc., select the Source, change it from close to the RSI and both indicators will appear as above.

They are both "Bound" Indicators (both oscillate between fixed values) so I don't think its possible with these two...but I could be wrong...

THANKS 

but this way not working with 2 indicators 

thanks 

PanagiotisCharalampous
12 Jan 2018, 11:59

Hi oneplusoc,

The solution is to create a custom indicator that combines the two indicators together. See a relevant discussion here.

Best Regards,

Panagiotis

oneplusoc
12 Jan 2018, 12:27

RE:

Panagiotis Charalampous said:

Hi oneplusoc,

The solution is to create a custom indicator that combines the two indicators together. See a relevant discussion here.

Best Regards,

Panagiotis

Thanks i will try and back to you 

oneplusoc
12 Jan 2018, 15:13

Hello Sir .

colud you pleas check whtat is this Error CS0102: The type 'cAlgo.NewIndicator' already contains a definition for 'Result'

thanks 

using System;
using cAlgo.API;
using cAlgo.API.Internals;
using cAlgo.API.Indicators;
using cAlgo.Indicators;

namespace cAlgo
{
    [Indicator(IsOverlay = false, TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
    public class NewIndicator : Indicator
    {
        [Parameter(DefaultValue = 0.0)]
        public double Parameter { get; set; }

        [Output("RSI", Color = Colors.Blue)]
        public IndicatorDataSeries Result { get; set; }

        [Output("Momentum", Color = Colors.Green)]
        public IndicatorDataSeries Result { get; set; }

        private RelativeStrengthIndex _rsi;
        private MomentumOscillator _momentum;

        protected override void Initialize()
        {
            _rsi = Indicators.RelativeStrengthIndex(MarketSeries.Closse, 14);
            _momentum = Indicators.MomentumOscillator(MarketSeries.Close, 14);
        }

        public override void Calculate(int index)
        {
            Result[index] = _rsi.Result[index];

            Result[index] = _momentum.Result[index];
        }
    }
}

PanagiotisCharalampous
12 Jan 2018, 16:44

Dear oneplusoc,

See a corrected version below

using System;
using cAlgo.API;
using cAlgo.API.Internals;
using cAlgo.API.Indicators;
using cAlgo.Indicators;

namespace cAlgo
{
    [Indicator(IsOverlay = false, TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
    public class NewIndicator : Indicator
    {
        [Parameter(DefaultValue = 0.0)]
        public double Parameter { get; set; }

        [Output("RSI", Color = Colors.Blue)]
        public IndicatorDataSeries RSI { get; set; }

        [Output("Momentum", Color = Colors.Green)]
        public IndicatorDataSeries Momentum { get; set; }

        private RelativeStrengthIndex _rsi;
        private MomentumOscillator _momentum;

        protected override void Initialize()
        {
            _rsi = Indicators.RelativeStrengthIndex(MarketSeries.Close, 14);
            _momentum = Indicators.MomentumOscillator(MarketSeries.Close, 14);
        }

        public override void Calculate(int index)
        {
            RSI[index] = _rsi.Result[index];

            Momentum[index] = _momentum.Result[index];
        }
    }
}

Best Regards,

Panagiotis

oneplusoc
12 Jan 2018, 17:02 ( Updated at: 21 Dec 2023, 09:20 )

RE:

Panagiotis Charalampous said:

Dear oneplusoc,

See a corrected version below

using System;
using cAlgo.API;
using cAlgo.API.Internals;
using cAlgo.API.Indicators;
using cAlgo.Indicators;

namespace cAlgo
{
    [Indicator(IsOverlay = false, TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
    public class NewIndicator : Indicator
    {
        [Parameter(DefaultValue = 0.0)]
        public double Parameter { get; set; }

        [Output("RSI", Color = Colors.Blue)]
        public IndicatorDataSeries RSI { get; set; }

        [Output("Momentum", Color = Colors.Green)]
        public IndicatorDataSeries Momentum { get; set; }

        private RelativeStrengthIndex _rsi;
        private MomentumOscillator _momentum;

        protected override void Initialize()
        {
            _rsi = Indicators.RelativeStrengthIndex(MarketSeries.Close, 14);
            _momentum = Indicators.MomentumOscillator(MarketSeries.Close, 14);
        }

        public override void Calculate(int index)
        {
            RSI[index] = _rsi.Result[index];

            Momentum[index] = _momentum.Result[index];
        }
    }
}

Best Regards,

Panagiotis

Thank you for the update now working but have problem with momentum line not smooth as you can see attached pic  

thanks 

PanagiotisCharalampous
12 Jan 2018, 17:16

Hi oneplusoc,

This happens because of the scale of the chart. If you want to combine the two indicators, you will have this problem. Momentum oscillator usually oscillates around 100.

Best Regards,

Panagiotis

oneplusoc
12 Jan 2018, 17:24

RE:

Panagiotis Charalampous said:

Hi oneplusoc,

This happens because of the scale of the chart. If you want to combine the two indicators, you will have this problem. Momentum oscillator usually oscillates around 100.

Best Regards,

Panagiotis

Noted  Appreciation

amsman
13 Jan 2018, 03:33

I have incorporated many cTrader Indicators but "Bound" Indicators (oscillating between fixed values) such as these are not possible with the simple API unfortunately.

A possible workaround is to add an MA Indicator (same method) into the RSI and set the MA to behave as close as possible to the Mom. Indicator.

rasheduzzamanhridoy68
14 Jan 2018, 10:08

Hi,
I am new for this forum & thanks for your post

oneplusoc
14 Jan 2018, 15:35

RE:

amsman said:

I have incorporated many cTrader Indicators but "Bound" Indicators (oscillating between fixed values) such as these are not possible with the simple API unfortunately.

A possible workaround is to add an MA Indicator (same method) into the RSI and set the MA to behave as close as possible to the Mom. Indicator.

Thanks  i alwes use 233 w moving average with any kind of Oscillator

thanks 

oneplusoc
14 Jan 2018, 15:36

RE:

rasheduzzamanhridoy68 said:

Hi,
I am new for this forum & thanks for your post

you are wellcom