Attachments forums

List of attachments posted on this forum.


All files on forums: 136227

Re: MT4 Indicator requests and ideas

dmnik, Fri Jan 20, 2023 2:17 am

Hello dear programmers!
I need your help! Is it possible to make an insole with an alert when all the parameters match as in the screenshot?

Strategy for binary options 'Triple RSI'
Trading Rules
Strategy developers recommend using price charts with a period of M5 or more for analysis, however, in practice, the strategy is no less effective when working with an interval of M1.

In the additional window of the indicator, the level 20-30-35 is an oversold zone (buying an up option), and 80-70-65 (opening a down contract) is an overbought zone. To buy an option, it is important to wait for confirmation from all indicators.
The image shows an example of a successful purchase of an up option. In accordance with the rules of the RSI strategy, the only signal to open a trade is the presence of an oscillator with different parameters in the overbought or oversold zone. A confirmation of the correctness of the forecast is the formation of a candle in the direction of a new local trend. In the above example, there is a downtrend. After the asset is overbought, the price chart changes direction, which is confirmed by the formation of an ascending candlestick. At the opening point of a new price element, you should buy an up option. The term of the contract should correspond to the period of formation of 4-5 candles. When working with the M5 chart, the expiration period will be 20-25 minutes.
All files in topic