I've attempted to put together an indicator to display the average of
the monthly,weekly,and daily RSI. At first glance it seemed to come
out ok,but when I used the bar at the bottom right of the screen to
scroll back in time,I noticed that the new indicator changes when I'm
scrolling while with a regular RSI,or any other indicator for that
matter,the values stay the same for any particular day even though
they are scrolling by on the screen.( I'm not sure if I'm explaining
this very clearly.)
For instance, say the value is 16.33 for aug. 1 2008. If I use the
bar to scroll back , the indicator line changes as it's scrolling and
if I click on aug 1 again the value will be different say 7.29. Also
I calculated the average of the last day shown manually and it does
not match the value shown by the indicator.It's my first attempt
using "timeframe", so I'm still trying to get the hang of it.Thanks
for any help you can give. Here's the code I wrote...
SECTION_BEGIN("avg of m,w,d rsi");
TimeFrameSet(inMonthly);//switch to monthly time frame
m_rsi=RSI(2);//monthly rsi(2)
TimeFrameRestore(); // restore time frame to original(daily)
TimeFrameSet(inWeekly);//switch to weekly time frame
w_rsi=RSI(2);//weekly rsi(2)
TimeFrameRestore(); // restore time frame to original(daily)
Plot((m_rsi + w_rsi +RSI(2))/3,"avg. m-w-d rsi",colorWhite);
_SECTION_END();
