hello thanks for endless help .. can u tell me how i can put stoploss according to what you mentioned : The RMI Trend Sniper indicator has been created to accurately pinpoint market trends and trading signals as well as guide investors on where to set stop losses.kvak wrote: Fri Aug 02, 2024 3:59 am RMI Trend Sniper
Here is another experiment and TV conversion as PM request.
RMI trend sniper - with AHTF, alerts, arrows.
RSI pack ( with new ultimate RSI ), MFI is made as function ( not onbuild) and you may choose price for calculation too.
Band direction is made as calculation of RSI/MFI break up/down level and MA momentum.
I Have not installed TV don't know how close is to original.
What is the RMI Trend Sniper?
The RMI Trend Sniper indicator has been created to accurately pinpoint market trends and trading signals as well as guide investors on where to set stop losses.
This technical indicator combines the analysis of the Relative Strength Index (RSI) alongside the Money Flow Index (MFI) and an innovative method for range-weighted moving average in order to provide a thorough insight into market dynamics.
The adjustable parameters permits traders to determine the strength of Bullish & Bearish trends with the adjustable "Positive above/Negative below" option: Sets thresholds to determine the strength of bullish and bearish trends.
RSI calculations
This version comes with the following RSI calculation types:
- Regular RSI
- Slow RSI
- Rapid RSI
- Harris RSI
- RSX
- RSX (Gaussian)
- RSX 2
- Cutlers RSI
- Ehlers Smoothed RSI
- Laguerre RSI
- RSI DS (Double Smoothed)
- RSI Super Smoothed
- RSI Gaussian
- Ultimate RSI
Re: Trend Indicators for MT4
1612I think that the original idea uses a colored line as a stop loss (adjusted with ATR period and multiplier).trader2000 wrote: Sun Aug 04, 2024 7:16 pm hello thanks for endless help .. can u tell me how i can put stoploss according to what you mentioned : The RMI Trend Sniper indicator has been created to accurately pinpoint market trends and trading signals as well as guide investors on where to set stop losses.
- These users thanked the author kvak for the post:
- trader2000
Re: Trend Indicators for MT4
1614
kvak wrote:Topic review
kvak wrote: Fri Aug 02, 2024 3:59 am RMI Trend Sniper
Here is another experiment and TV conversion as PM request.
RMI trend sniper - with AHTF, alerts, arrows.
RSI pack ( with new ultimate RSI ), MFI is made as function ( not onbuild) and you may choose price for calculation too.
Band direction is made as calculation of RSI/MFI break up/down level and MA momentum.
I Have not installed TV don't know how close is to original.
What is the RMI Trend Sniper?
The RMI Trend Sniper indicator has been created to accurately pinpoint market trends and trading signals as well as guide investors on where to set stop losses.
This technical indicator combines the analysis of the Relative Strength Index (RSI) alongside the Money Flow Index (MFI) and an innovative method for range-weighted moving average in order to provide a thorough insight into market dynamics.
The adjustable parameters permits traders to determine the strength of Bullish & Bearish trends with the adjustable "Positive above/Negative below" option: Sets thresholds to determine the strength of bullish and bearish trends.
RSI calculations
This version comes with the following RSI calculation types:
- Regular RSI
- Slow RSI
- Rapid RSI
- Harris RSI
- RSX
- RSX (Gaussian)
- RSX 2
- Cutlers RSI
- Ehlers Smoothed RSI
- Laguerre RSI
- RSI DS (Double Smoothed)
- RSI Super Smoothed
- RSI Gaussian
- Ultimate RSI
Re: Trend Indicators for MT4
1619+Chikou_Span
- These users thanked the author andrei-1 for the post (total 4):
- ionone, Rajamohamed, Jimmy, NikaFX
Re: Trend Indicators for MT4
1620Hello Mr.Andrei
how to use this dragons mouth indicator? Are there any rules for using it? If so please let me know.
how to use this dragons mouth indicator? Are there any rules for using it? If so please let me know.