Connie Brown Composite Index

Connie Brown Composite Index – this indicator eliminates the problem of discrepancies in the RSI indicator. It is calculated as the Momentum sum from the RSI value and smoothed RSI value.

How the indicator looks like in the chart:

Image 27054

The indicator has the following parameters:

Image 27055

Relative Strength Index

SMA Period 1 - short RSI period.

SMA Period 2 - long RSI period.

Moving Average

SMA Period 1 - period of RSI smoothing

SMA Period 2 - short period of indicator smoothing.

SMA Period 3 - long period of indicator smoothing.

Common

Source - setting of the indicator calculation parameters:

  • Open
  • High
  • Low
  • Close
  • Volume

Drawing

Panel - selection of the indicator location in the chart:

  • New panel
  • Chart

Short period, Middle Band and Long period.

Show value - showing the indicator values to the left on the price scale.

Scale - if this option is ON, the scale will be calculated automatically based on the minimum and maximum indicator values, so that the indicator would be accommodated in the chart.

Color - the color setting of the indicator.

Visual type - visual setting of the indicator display in the chart:

  • Line
  • Histogram
  • Hash
  • Block
  • Cross
  • Square
  • Dots
  • Up arrow
  • Down arrow
  • Axis label
  • Hide

Line style - setting of the line display style:

  • Solid
  • Dash
  • Dot
  • Dash - dot
  • Dash - dot - dot

Width - setting of the indicator line width.

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