Heffae Clouds + Heffae Quantum RSI
New indicator in the pipeline, thought I would break it out for show & tell.
I am short.
COULD REVERSE AND CONTUINUE UP!!!
Qrsi stands for Quantum Relative Strength Index, and uses Heffae adaptive support/resistance maths as well as some other tricks to develop a "price theory" which functions as a type of relative strength within support and resistance channels.
Beacuse it shows support and resistance levels as whole numbers from -10 to +10. With discrete levels of overbought / oversold and the zero-point functioning as the basis of significant levels for the price, this can show divs more accurately than RSI could ever dream of.
The Qrsi uses the latest Pine-Script syntax update that allows optimized code to be ran on quantum computers at Oak Ridge National laboratory. ;p
The Quantum RSI you see here is plotted as candlesticks in order to have all four O,H,L,C values on the same oscillator without spaghetti. You can toggle between candles and a regular line for relative strength compared to support and resistance channels. Support and Resistance Values are QUANTIZED at levels 1,2,3,..5,7, etc.
Each whole number (1 thru 10) represents a calculated support or resistance value. You will see that the price often turns around on whole numbers, 4,5,7, etc.
Can also be used just like a classic RSI to spot divergances. It is MUCH better at showing divergences than a regular RSI.
Ground-breaking earth quaking awesome sauce.
In a nutshell, Heffae Qrsi displays the qrsi as the price level relative to the math, where Heffae clouds are the math displayed relative to price.
- No, not really. :)
- Yes. Way better. It's complex, which doesn't necessarily make it better... but all the extra thinking compared to a classical RSI is so you don't have to.
- If you are a developer open to collab and willing to sign an NDA, PM me!
- It's probably not done yet. lol. Look in the comments for links / updates, etc.
I am short.
COULD REVERSE AND CONTUINUE UP!!!
Qrsi stands for Quantum Relative Strength Index, and uses Heffae adaptive support/resistance maths as well as some other tricks to develop a "price theory" which functions as a type of relative strength within support and resistance channels.
- How is this better than regular RSI?
Beacuse it shows support and resistance levels as whole numbers from -10 to +10. With discrete levels of overbought / oversold and the zero-point functioning as the basis of significant levels for the price, this can show divs more accurately than RSI could ever dream of.
- How is this calculated?
The Qrsi uses the latest Pine-Script syntax update that allows optimized code to be ran on quantum computers at Oak Ridge National laboratory. ;p
The Quantum RSI you see here is plotted as candlesticks in order to have all four O,H,L,C values on the same oscillator without spaghetti. You can toggle between candles and a regular line for relative strength compared to support and resistance channels. Support and Resistance Values are QUANTIZED at levels 1,2,3,..5,7, etc.
Each whole number (1 thru 10) represents a calculated support or resistance value. You will see that the price often turns around on whole numbers, 4,5,7, etc.
Can also be used just like a classic RSI to spot divergances. It is MUCH better at showing divergences than a regular RSI.
Ground-breaking earth quaking awesome sauce.
In a nutshell, Heffae Qrsi displays the qrsi as the price level relative to the math, where Heffae clouds are the math displayed relative to price.
- Now that I have this, do I need regular RSI anymore?
- No, not really. :)
- I mean, is this really BETTER than rsi?
- Yes. Way better. It's complex, which doesn't necessarily make it better... but all the extra thinking compared to a classical RSI is so you don't have to.
- Can I get the source code in order to see how it works?
- If you are a developer open to collab and willing to sign an NDA, PM me!
- WAIT, WHERE IS THE LINK TO THIS INDICATOR?
- It's probably not done yet. lol. Look in the comments for links / updates, etc.
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Indicator access information
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Indicator access information
pastebin.com/v8sp6Y3R
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