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Re: RSI Indicators for MT4

kvak, Mon Mar 25, 2024 9:56 am

Abdi wrote: Thu Mar 21, 2024 11:45 pm Got it :)

For the MT4 version, I think a ma filter (on price) would fit good, if something like that doesn't exist!
If possible with a option to filter :

trend momentum (cross signals)
price > ma filter = signals only on rsi cross overbought area
price < ma filter = signals only on rsi cross oversold area

- example: price is above the 200 ema and the rsi crosses above the 70 level. Arrow below the candle
___________________________________________________________________________

trend pullback (exit signals)
price > ma filter = signals only on rsi exit oversold area
price < ma filter = signals only on rsi exit overbought area

- example: price is above the 200 ema and the rsi crossed below the 30 level and is now exiting the 30 level. Arrow below the candle


If it's not to much work and possible!
Here is version, where arrows/alerst are filtered with MA cross price.
MA is displayed as small histogram. Also updated averages method and rsi pack.
Test it.
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