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Re: RSI Indicators for MT4
Posted: Tue Apr 23, 2019 2:24 am
by FBI
This is idea..., saw that someone had made original RSI better, so I thought that maybe Mr Tools can use that edge when making other indicators.
Re: RSI Indicators for MT4
Posted: Tue Apr 23, 2019 3:00 am
by FBI
I don`t know what that "gain" is, but very accurate entries with trend.
RSI=red
Re: RSI Indicators for MT4
Posted: Tue Apr 23, 2019 8:02 pm
by ionone
FBI wrote: Tue Apr 23, 2019 3:00 am
I don`t know what that "gain" is, but very accurate entries with trend.
RSI=red
Screenshot_5.png
gain simply muiltiplies the signal around the "50" axis
Re: RSI Indicators for MT4
Posted: Wed Apr 24, 2019 9:18 pm
by Jimmy
I couldn't find this one on our forum so here is the RSX Histogram for MT4 that was coded by Mladen & Mrtools. It comes with Divergences and a host of other options including Multi Time Frame mode (no interpolation on this one).
Re: RSI Indicators for MT4
Posted: Wed Apr 24, 2019 9:54 pm
by Jimmy
Last one for the night is the RSX Normalized Velocity Divergences which was another gem from Mrtools back in the TSD days. From the notes saved in our archives, Mrtools explained that this indicator is the Normalized Velocity with options for Normalizing using a choice of the 4 types of RSI (Regulars RSI, Wilders RSI, RSX & Cuttlers RSI).
This indicator also comes equipped with Multi-timeframe + Interpolation, Hidden & Classic Divergences, Alerts & much more.
Thanks Mrtools for this wonderful code
Re: RSI Indicators for MT4
Posted: Wed Apr 24, 2019 11:35 pm
by Deez
Jimmy wrote: Wed Apr 24, 2019 9:54 pm
Last one for the night is the RSX Normalized Velocity Divergences which was another gem from Mrtools back in the TSD days. From the notes saved in our archives, Mrtools explained that this indicator is the Normalized Velocity with options for Normalizing using a choice of the 4 types of RSI (Regulars RSI, Wilders RSI, RSX & Cuttlers RSI).
This indicator also comes equipped with Multi-timeframe + Interpolation, Hidden & Classic Divergences, Alerts & much more.
Thanks Mrtools for this wonderful code
Some nice entries when filtered with dpo-histo.
Re: RSI Indicators for MT4
Posted: Thu Apr 25, 2019 12:04 am
by Jimmy
Deez wrote: Wed Apr 24, 2019 11:35 pm
Some nice entries when filtered with dpo-histo.
Very nice entries indeed. Good experimenting bro :!:
Re: RSI Indicators for MT4
Posted: Thu Apr 25, 2019 6:19 pm
by marwilli
Deez wrote: Wed Apr 24, 2019 11:35 pm
Some nice entries when filtered with dpo-histo.
hi deez,
i´ve tried to test it, but my parameter are not the same as yours.
please can you tell me, what parameter you are use for rsx-normalized??
my tested parameter are: dpo-histo parameter 14/simple and rsx (see picture)
thank you in advanced
greetings Markus
Re: RSI Indicators for MT4
Posted: Thu Apr 25, 2019 6:50 pm
by Deez
Not using that indi right now but lucky i had a backup..
Play with rsx vidya aswel
PS. DPO histo is 24
Re: RSI Indicators for MT4
Posted: Thu Apr 25, 2019 7:02 pm
by Deez
marwilli wrote: Thu Apr 25, 2019 6:19 pm
hi deez,
i´ve tried to test it, but my parameter are not the same as yours.
please can you tell me, what parameter you are use for rsx-normalized??
my tested parameter are: dpo-histo parameter 14/simple and rsx (see picture)
thank you in advanced
greetings Markus
Becareful when using the above setting..just saw this now
Thanks Markus
...interesting findings