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Re: RSI Indicators for MT4

1041 by mntiwana
"GG-RSI-CCI alerts arrows mtf"
Mrtools made it mtf and already posted in FS,reposting it here again as all versions stayed altogether within their appropriate thread
These users thanked the author mntiwana for the post:
Lodi
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.

Re: RSI Indicators for MT4

1042 by Desatar
Hello,

seems like this is the right thread for my question.

can somebody look into the code and explain to me how this indi calculates the data?
It seems like the indi uses moving average, rsi and cci all together to show on histogram.
I need more information to put the right settings in. Otherwise it's useless.

Very much Appreciated.

D.

Re: RSI Indicators for MT4

1043 by Jimmy
Desatar wrote: Wed Aug 22, 2018 9:34 pm Hello,

seems like this is the right thread for my question.

can somebody look into the code and explain to me how this indi calculates the data?
It seems like the indi uses moving average, rsi and cci all together to show on histogram.
I need more information to put the right settings in. Otherwise it's useless.

Very much Appreciated.

D.
Hey D, which code you are talking about?
Myfxbook live trading results 📊

List of our most powerful reversal indicators + Guide to the "All Averages" Filters (ADXvma, Laguerre etc.)
Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions + How to draw Support & Resistance

Re: RSI Indicators for MT4

1045 by mrtools
Desatar wrote: Wed Aug 22, 2018 9:34 pm Hello,

seems like this is the right thread for my question.

can somebody look into the code and explain to me how this indi calculates the data?
It seems like the indi uses moving average, rsi and cci all together to show on histogram.
I need more information to put the right settings in. Otherwise it's useless.

Very much Appreciated.

D.
It is using a 2 ma's of cci,and 2 ma's of rsi. The ma's of cci and rsi are controlled by AVG_Period 1 and AVG_period 2 the cci/rsi is controlled by Ind_Period. For signals if the ma of rsi AVG_Period 1 > ma of rsi Avg_Period 2 and the ma of cci AVG_Period 1 >ma of cci Avg_Period 2 would be buy(Lime Histogram) and the opposite for sell(Orange Red Histogram) both the rsi ma and cci ma have to be either buy or sell or you get the red histogram(flat market).
These users thanked the author mrtools for the post (total 2):
Jimmy, Lodi

Re: RSI Indicators for MT4

1046 by Desatar
mrtools wrote: Thu Aug 23, 2018 12:17 am

It is using a 2 ma's of cci,and 2 ma's of rsi. The ma's of cci and rsi are controlled by AVG_Period 1 and AVG_period 2 the cci/rsi is controlled by Ind_Period. For signals if the ma of rsi AVG_Period 1 > ma of rsi Avg_Period 2 and the ma of cci AVG_Period 1 >ma of cci Avg_Period 2 would be buy(Lime Histogram) and the opposite for sell(Orange Red Histogram) both the rsi ma and cci ma have to be either buy or sell or you get the red histogram(flat market).
Thank you.
I understand now.
D.

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