Thanks for looking into it I side by side tested and its still very different when using identical settings.......... now I am thinking it is because the older one had option called volatility bands perhaps........ below is screenshot of the older indicator's settings and original mql4 source code from Teamtrader & Jim is here hope it will help us out??mrtools wrote: Tue Apr 09, 2024 4:43 am 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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Re: RSI Indicators for MT4
moey_dw, Tue Apr 09, 2024 6:02 pm
