cvdm7756 wrote: Thu Aug 05, 2021 2:46 am Hi Mr Tools,
Please could you add Alerts with option for arrows, and usual Push and E-mail notifications when RVI Line crosses Above / Below 0 Level.
I would much appreciate your help with this. Thank you
RVI.mq4
No alert and rather average anyways....Jimmy wrote: Wed Oct 14, 2020 8:05 pm You've done it
This is a special indicator, indeed and the best part is that it filters those Divergence signals so well. For me, this is the Best RSI Divergence indicator on MT4 now.
Divergences are only visible on this indicator if:
- If RSI MA is outside 80 Overbought, Bearish Divergence signal will appear (to forecast a reversal to the downside)
- If RSI MA is outside 20 Oversold, Bullish Divergence signal will appear (to forecast a reversal to the upside)
Thank you Mrtools for taking time to upgrade & optimize this indicator for us & thanks to TEAMTRADER for the great suggestion and for sharing his settings in the previous posts.
PS: For traders looking for a template to get you started, here's what we've posted today:
That looks really neat man, going to give this one a go now.ionone wrote: Mon Aug 16, 2021 8:20 pm a good indicator
rsi with bands
first settings is : 20,20,false,-7
second settings is : 20,20,true,7
I played around a bit with the algorithm and came up with this version. Which is totally different from previous version 01ionone wrote: Mon Aug 16, 2021 8:20 pm a good indicator
rsi with bands
first settings is : 20,20,false,-7
second settings is : 20,20,true,7
I compared the two - sometimes the first (upper subwindow) is better but more often the second (lower subwindow) is better at showing tops and bottoms.
Screenshot_763.png General Staff of the Armed 
