Re: RSI Indicators for MT4
662Yes, but the patterns should be same - regardless of the time frame - only data determines the patternsblackking wrote: Mon May 15, 2017 10:54 pm I think we can look using rsi with default setting 14 then look on various timeframe, might occur H1 line corner on value 67 but if look on daily might line corner already on 70 because rsi will take from 14 candle backward on every timeframe
Re: RSI Indicators for MT4
663It is good to use higher time frames, but I don't think that the patterns are going to be different - they should remain similarblackking wrote: Fri May 19, 2017 9:52 pm But I think using different timeframe also can making difference entries and style trading,
although I am not use rsi, but I like using daily timeframe to analyzed trend weekly, and then look on H1 as trigger
scalping trader i think they prefer use M5 if use rsi for scalping
Re: RSI Indicators for MT4
664As long as you keep in mind that the original RSI is momentum indicatorblackking wrote: Sat May 20, 2017 11:26 pm Yes might will more reliable using high timeframe especially for long term trading
If already having good experience and knowledge using rsi, will having better skill using this indicator
Re: RSI Indicators for MT4
665T3RSIplus
This is a sort of TDI indicator using T3 rsi so posting here
Volatility bands,levels,alerts and more included
This is a sort of TDI indicator using T3 rsi so posting here
Volatility bands,levels,alerts and more included
Indicator is just a tool.
Use it only if it can benefit you. Leave it if you don't know how to use it optimally.
Use it only if it can benefit you. Leave it if you don't know how to use it optimally.
Re: RSI Indicators for MT4
667Which one post and if on chart or sw
Indicator is just a tool.
Use it only if it can benefit you. Leave it if you don't know how to use it optimally.
Use it only if it can benefit you. Leave it if you don't know how to use it optimally.
Re: RSI Indicators for MT4
669Pava, think those are drawn by the vkw bands indicator, if so the lines are based on fractals.Pava wrote: Mon May 22, 2017 8:11 am Post #645...yellow lines on top and blue on the bottom...on chart
Re: RSI Indicators for MT4
670Dimitri, if your talking about the on chart horizontal lines, they are based on fractals, which can repaint, didn't really pay them much mind till now while digging into the indicator more.Dimitri wrote: Wed May 17, 2017 6:09 pm Dear MrTools
I want to thank you for the brilliant indicators and contribution ... I would like to ask you following two questions : 1. How to use-call the trend lines ??? and 2. Could it be possible to define the iCustom(..???..) ... for the colored line ????
Thank you any way for all.
Best Regards
Dimitri
We keep pushing the limits! 