pi RSI

Nov 12, 2020

I named this relative strength index indicator pi RSI because it uses the first 9 sequential numbers in Archimedes constant "pi" 3.14159265. I felt that the never ending, non repeated number, pi, was a good candidate for an input that tracks the constantly changing trends these days. This is a price momentum indicator that helps you evaluate overbought or oversold conditions. By the default colors, when the white line is above the purple it's going bullish. And when the white line is under the purple it's going bearish. Also, on the scale, 50 is neutral, below 25 is getting oversold and above 75 is getting overbought. This indicator is useful in conjunction with other price and volume indicators to help redundantly confirm future price action. Good luck and happy trading friends...

Nov 12, 2020

Release Notes

input adjustment

Nov 12, 2020

Release Notes

short title in pine script lower case

Nov 24, 2020

Release Notes

input tweak = ohlc4

Dec 7, 2020

Release Notes

+ 2 hlines & 85% transp default

Mar 12, 2022

Release Notes

Update to indicator version5
Feature upgrade track price
Add D Variable 8th & 9th number of pi "65"
Add Signal speed 10th & 11th number of pi "35"

Dec 27, 2022

Release Notes

Add MFI signal 8 default
Remove D stochastic
Change default colors
Default track display off

Jan 28, 2023

Release Notes

header update

Feb 1, 2023

Release Notes

Add a Total line calculation option of all 4 averaged.

Mar 4, 2023

Release Notes

update 3/4/23:
Add volume weighted stochastic accumulation / distribution.
Total line calculation to include all 5 averaged.
Reorganize & rename user input settings.
Add tool tips.

Mar 5, 2023

Release Notes

Add a tool tip for Total

Nov 1, 2023

Release Notes

update 10/30/23:
1)fine tune length settings.
2) add long, bullish, short, bearish circles option.
3) add bullish or bearish color coded horizontal line signal.
4) make a bullish or bearish histogram.

Nov 2, 2023

Release Notes

add crossover / crossunder triangle option