Re: Trend Indicators for MT4

1611
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
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.


Re: Trend Indicators for MT4

1612
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.
I think that the original idea uses a colored line as a stop loss (adjusted with ATR period and multiplier).
These users thanked the author kvak for the post:
trader2000

LikeRe: 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

💕 Best of the best Thank you , i have just one wish if its possible to add colour candles