Contains RSI; EMA of RSI; EMA of EMA of RSI; Stochastic Oscillator; 2 Inverse Fisher Transforms on RSI - IFRSI89 and IFRSI233 XOVER on higher timeframes from oversold/overbought is useful signal; RSI Trend/Divergence Candles with color variation based on multiple RSI length detection of trend decay; Chart candle overlay coloring based on RSI, eRSI, and eeRSI EMA55 & EMA233 Xover indicator on bottom for trend direction with color variations for counter trend movements.
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//eRSI++ by NVRSTPEXPLORING.
//Contains RSI; EMA of RSI; EMA of EMA of RSI; Stochastic Oscillator;
//2 Inverse Fisher Transforms on RSI - IFRSI89 and IFRSI233 XOVER on higher timeframes from oversold/overbought is useful signal
//RSI Trend/Divergence Candles with color variation based on multiple RSI length detection of trend decay
//Chart candle overlay coloring based on RSI, eRSI, and eeRSI
//EMA55 & EMA233 Xover indicator on bottom for trend direction with color variations for counter trend movements
study(title="eRSI++")

//Inputs
HC = input(title='Hide RSI Candles?', type=bool, defval=true)
HO = input(title='Hide Color Overlay?', type=bool, defval=true)
HS = input(title='Hide STOCH?', type=bool, defval=true)
HT = input(title='Hide HTF EMA TrendBar?', type=bool, defval=false)
HF = input(title='Hide Fisher?', type=bool, defval=false)
HE = input(title='Hide eRSI?', type=bool, defval=true)
HL = input(title='Use high/low?', type=bool, defval=true)
src2 = input(title='Source Series:', type=source, defval=hl2)
len0= input(5, minval=1, title="Candle Fast-5:")
len4= input(34, minval=1, title="Candle Slow-34:")
sm1 = input(title='Candle Smooth-8:', type=integer, defval=8)
sm2 = input(title='Fisher-89:', type=integer, defval=89)
sm3 = input(title='Fisher-233:', type=integer, defval=233)
len1 = input(9, minval=1, title="RSI Length-9:")
len2 = input(13, minval=1, title="EMA of RSI Length-13:")
len3 = input(8, minval=1, title="EMA of eRSI Length-8:")
len5 = input(55, minval=1, title="eRSI Fast-55:")
len6 = input(233, minval=1, title="eRSI Slow-233:")
len7= input(14, minval=1, title="Stoch Length-14:")
len8= input(3, minval=1, title="K-3:")
len9= input(3, minval=1, title="D-3:")

//Variables
src = close
up = rma(max(change(src), 0), len1)
dn = rma(-min(change(src), 0), len1)
rsi = dn == 0 ? 100 : up == 0 ? 0 : 100 - (100 / (1 + up / dn))
eRSI = ema(rsi,len2)
eeRSI = ema(eRSI,len3)
eRSIF = ema(src,len5)
eRSIS = ema(src,len6)
fr = rsi(src2, len0)
//Fast RSI and Slow RSI
sr = rsi(src2, len4)
sfr = sma(fr, sm1)
//Smooth Fast RSI and Smooth Slow RSI
ssr = sma(sr, sm1)
rh = HL ? max(rsi(high, len0), rsi(high, len4)) : max(fr, sr)
//RSI High Low for Candles
rl = HL ? min(rsi(low, len0), rsi(low, len4)) : min(fr, sr)
UpT= eRSIF>=eRSIS
//Uptrend and Downtrend
DnT= eRSIS>eRSIF
Up1=sfr>=ssr
isExp=abs(sfr-ssr)>=abs(sfr[1]-ssr[1])
k1 = ema(stoch(close, high, low, len7), len8)
d1 = ema(k1, len9)
//Inverse Fisher RSI
calc_ifish_rsi(series, sm2) =>
    v1=0.1*(series-50)
    v2=wma(v1,sm2)
    ifish=(((((exp(2*v2)-1)/(exp(2*v2)+1))+1)*100)/2)
    ifish

calc_ifish_rsi2(series, sm3) =>
    v1=0.1*(series-50)
    v2=wma(v1,sm3)
    ifish2=(((((exp(2*v2)-1)/(exp(2*v2)+1))+1)*100)/2)
    ifish2

//Plot ALL the Things
h1= hline(80, title="OverBoughtStochastic", linestyle=dashed, linewidth=2, color=maroon)
h2= hline(70, title="OverBoughtRSI", linestyle=dashed, linewidth=1, color=maroon)
h3= hline(30, title="OverSoldRSI", linestyle=dashed, linewidth=1, color=green)
h4= hline(20, title="OverSoldStochastic", linestyle=dashed, linewidth=2, color=green)
fill(h2, h3, color=gray, transp=90)
plotcandle(HC ? na: ssr, rh, rl, sfr, title='Candle', color=Up1 and isExp?#6CA77C :Up1 and not isExp? #71EEA3 :not Up1 and isExp?#b85d00: #eebca1)
p1= plot(HS? na: k1, title="K", linewidth=2, color=#4885ed)
p2= plot(HS? na: d1, title="D", linewidth=3, color=#EF9F07)
p3= plot(HE? na: eRSI, title="eRSI", style=line, linewidth=2, color=#4885ed)
p4= plot(HE? na: eeRSI, title="eeRSI", style=line, linewidth=3, color=#EF9F07)
p5= plot(rsi, title="RSI", style=line, linewidth=4, color= eRSI > eeRSI and rsi > eeRSI ? #0b6125 : eRSI >= eeRSI and rsi <= eeRSI ? #6B229F: eRSI < eeRSI and rsi < eeRSI ? #fd3232 : eRSI <= eeRSI and rsi >= eeRSI ? #ffbb39 : na)
//Alt color scheme plot(rsi, title="RSI", style=line, linewidth=4, color= eRSI > eeRSI and rsi > eeRSI ? green : eRSI >= eeRSI and rsi <= eeRSI ? #1ABC9C: eRSI < eeRSI and rsi < eeRSI ? red : eRSI <= eeRSI and rsi >= eeRSI ? #F39C12 : na)
p6= plot(HF? na: calc_ifish_rsi(rsi(src, len1),sm2), color=#4A235A, title='F89', linewidth=3)
p7= plot(HF? na: calc_ifish_rsi2(rsi(src, len1),sm3), color=#335A23, title='F233', linewidth=3)
plot(HT? na: 0-5, title="T", style=cross, linewidth=4, color=UpT and Up1? #1E8449 :UpT and not Up1? #28B463 : DnT and not Up1? #B03A2E : DnT and Up1? #F39C12: na)
barcolor(HO? na: eRSI > eeRSI and rsi > eeRSI ? green : eRSI >= eeRSI and rsi <= eeRSI ? #1ABC9C : eRSI < eeRSI and rsi < eeRSI ? red : eRSI <= eeRSI and rsi >= eeRSI ? #F39C12 : na)