Re: RSI Indicators for MT4

2961
kvak wrote: Sun Nov 24, 2024 11:18 pm Like this?.....
There is separate menus for rsi coloring and arrows/alerts logic.
Thank you Mr kvak.
What am trying to say is that:-
1. When the synthetic Rsi line Enter the 80 level, there will be Entry & Exit arrows. Same for when the line enter 20 level.
2. Another arrow for rsi line change.
Thanks.


Re: RSI Indicators for MT4

2962
Shabba23 wrote: Mon Nov 25, 2024 8:27 pm Thank you Mr kvak.
What am trying to say is that:-
1. When the synthetic Rsi line Enter the 80 level, there will be Entry & Exit arrows. Same for when the line enter 20 level.
2. Another arrow for rsi line change.
Thanks.
2....rsi change what? From your picture it is not look like you use slope change....

Re: RSI Indicators for MT4

2964
Shabba23 wrote: Tue Nov 26, 2024 7:32 pm Yes, I don't use slope change but rsi cross MA.
So, arrow at that point gives me head up about beginning of new move, if the line leaves the 80 or 20 level.
Thanks.
I am added third extra arrows/alerts to the set....
These users thanked the author kvak for the post (total 6):
mrtools, Shabba23, RodrigoRT7, 88FX88, Jimmy, Kayleb

Re: RSI Indicators for MT4

2965
kvak wrote: Tue Nov 26, 2024 7:11 pm 2....rsi change what? From your picture it is not look like you use slope change....
mr.kvak
what i understand from his requirement is :
when RSI line crosses above up arrow @80 level
when RSI line crosses below down arrow @ 80 level
HE dont needs first RSI cross UP ARROW @ 80 LEVEL after 50 level
the same situation @ 20 level
"There is NO GOD higher than TRUTH" - Mahatma Gandhi


CandlesticksRe: RSI Indicators for MT4

2970
Kind of excited guys, with CHATGPTs new update they have given us the ability to program mt4 indicators.

Here are two simple RSI functions

The first is a RSI using a BAND setup with color change when price is in the OB/OS area, I applied the smoothing factor to the RSI
ANd second

Is a Moving Average which changes color when price in relation to the RSI is in the OB/OS position.

Happy trading.
These users thanked the author COGSY for the post:
Kayleb


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