kizerage212 wrote: Wed Jul 15, 2020 9:46 am This rsi_experiment_extended is pretty good. However, there are no alerts on it. Could someone add alerts and mobile alerts to it? Feel free to use the indicator yourself too.

mrtools wrote: Wed Jul 15, 2020 11:44 am

Added alerts.

The strategy is based on Divergence in different way

So what we gonna need with this strategy two indicator
1) Zig Zag with Depth 50
2) RSI period 140

the strategy is simple and very profitable with more than 75%winratio and 1:2 risk reward ratio

Buy Setup:
1) Wait for the price to break the last bottom, the zigzag indicator make it clear
2) Next the rsi need to make a divergence (higher high) if not then we will not trade
3) after the rsi is making a divergence we wait for the price to close above the latest low then we take a trade and we put the sl and tp at the latest high
Please see the pictures to understand more this strategy
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Sell Setup:
1) Wait for the price to break the last top, the zigzag indicator make it clear
2) Next the rsi need to make a divergence (lower low) if not then we will not trade
3) after the rsi is making a divergence we wait for the price to close below the latest high then we take a trade and we put the sl and tp at the latest low
Please see the pictures to understand more this strategy

Use the strategy with correct risk management and risk only 1% to 3% per trade

YassineAiT wrote:i did take this trade
After the price close below the line i take a sell trade but it went up and hit my SL
so i waited the price to close again below the line and i looked into the the RSI and still bearish divergence so i have my confirmation to take another sell trade and finally hit my TP
i dont always use last bottoms and tops in this trade he didnt hit hit the last bottom

Millernioh wrote: Fri Jul 17, 2020 8:29 am Please am sorry, I know this might sound like a dumb question.
But i have tried downloading MT4 for my pc, but each time i download it and i was sure it's MT4, but when its done installing, i discovered its MT5.
can someone please tell me what exactly i am doing wrong or even maybe show me where to get one.
Thanks

Millernioh wrote: Fri Jul 17, 2020 8:29 am Please am sorry, I know this might sound like a dumb question.
But i have tried downloading MT4 for my pc, but each time i download it and i was sure it's MT4, but when its done installing, i discovered its MT5.
can someone please tell me what exactly i am doing wrong or even maybe show me where to get one.
Thanks

Deez wrote: Fri Jul 17, 2020 4:41 pm

That used to happen to me - it's so irritating, just change the broker and see which one works (OctaFx MT4 download page worked for me)

Some broker 'download platform' pages just forwards you to the MT5 download.

Csj179t wrote: Fri Jul 17, 2020 9:10 am

Hi Millernioh,

You should better download trading terminal from your broker, no matter what mt4 mt5 or ctrader.. etc ..
And if still there is a problem with a link to download that particular terminal you want, mt4, you should contact the provider of that link, your broker.

Hope I have answered your question!

Sincerely,
Sergei