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Re: RSI Indicators for MT4

mrtools, Tue Apr 09, 2024 4:38 am

moey_dw wrote: Mon Apr 08, 2024 6:28 pm Thanking you Mrtoolz for recoding it I do find the previous version more advanced with Teamtrader's RSX setup posted by Jimmyboy still being the strongest for divergence hunting........ do you think features from the older code can somehow be fitted in too!? So that it can be most complete and including your new MTF.........
RSI MA Divergence MT4 Teamtraders Settings.png
Looking at Teamtrader and Jimmy's posts looks like the divergence should have been plotted off of the thicker rsima line > overbought(ob) and < oversold(os), think I had it wrong from the start was plotting it on the signal (slimmer) line, anyway, please try this version. It will watch for divergence beyond ob/os but won't acknowledge it until the rsima gets into the ob/os area.

ps) If I understood wrong it's an easy fix changing it back.
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