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Re: Dashboard Type Indicators for MT4

naluvs01, Sat Jan 08, 2022 7:02 am

Hi Mr Tools and Coders Respectively,

I have seen a few dashboard indicators, but I haven't seen any with 2 RSI crossovers. There are a couple here (1 that I've posted a while ago) that have MA crossovers MTF, but I would like one that is based on 2 RSIs crosses and MTF, if possible. What I've noticed is trading against the weekly or daily is a bad idea. However, when they both align, the magic and power happens.

What I've done is found 2 RSI periods that will get me in bulk of the trend on the daily and weekly TF. I enter in on the 4HR TF once they are in alignment. On the example below is BTCUSD. As you can see, once the weekly was in place, all you want to do is sell only. And if anyone bought during this time, there were crushed!!!!! The RSI crosses I've selected are the 5/20 for the daily and 6/26 for the weekly. I've increased my account consistently since utilizing this longer term trading concept.

If we had a RSI dashboard that can show us this information, it would make our trading decisions a lot more solid. And the reason RSIs are better overall than MAs, they move faster IMO.

Thanks in advance for your response and Happy New Year to ALL!!!!!!
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