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Re: RSI Indicators for MT4

Posted: Tue Oct 20, 2020 8:53 am
by Daim2574
mrtools wrote: Sat Oct 17, 2020 7:04 am

Divergence alerts added.
Very accurate divergence 👍🏻

Re: RSI Indicators for MT4

Posted: Fri Oct 23, 2020 3:11 am
by camisa
mrtools wrote: Sun Oct 11, 2020 12:33 pm

Try this one, added all the averages.
Great indicator mrtools

can you please add audio alerts on current bar?

Re: RSI Indicators for MT4

Posted: Fri Oct 23, 2020 4:00 am
by mrtools
camisa wrote: Fri Oct 23, 2020 3:11 am

Great indicator mrtools

can you please add audio alerts on current bar?
Added alerts.

Re: RSI Indicators for MT4

Posted: Mon Oct 26, 2020 5:16 am
by Rox

Re: RSI Indicators for MT4

Posted: Mon Oct 26, 2020 8:22 pm
by alblive
Jimmy wrote: Wed Oct 14, 2020 8:05 pm

You've done it :)

This is a special indicator, indeed and the best part is that it filters those Divergence signals so well. For me, this is the Best RSI Divergence indicator on MT4 now.

Divergences are only visible on this indicator if:

  • If RSI MA is outside 80 Overbought, Bearish Divergence signal will appear (to forecast a reversal to the downside)
  • If RSI MA is outside 20 Oversold, Bullish Divergence signal will appear (to forecast a reversal to the upside)

Thank you Mrtools for taking time to upgrade & optimize this indicator for us & thanks to TEAMTRADER for the great suggestion and for sharing his settings in the previous posts.

PS: For traders looking for a template to get you started, here's what we've posted today:
can we get arrows instead of vertical lines? and alerts on arrows?

Re: RSI Indicators for MT4

Posted: Tue Oct 27, 2020 5:19 am
by mrtools
alblive wrote: Mon Oct 26, 2020 8:22 pm

can we get arrows instead of vertical lines? and alerts on arrows?
Arrows and alert options added.

Re: RSI Indicators for MT4

Posted: Wed Oct 28, 2020 7:03 am
by mwaschkowski
Super impressed with this indicator its pretty amazing.

It would be great to see different 'zones' shaded like a similar indicator:
I'm kinda curious. Can I alter the tpl file to shade areas by hand?

Thanks!

Mark

Re: RSI Indicators for MT4

Posted: Wed Oct 28, 2020 12:09 pm
by mrtools
mwaschkowski wrote: Wed Oct 28, 2020 7:03 am Super impressed with this indicator its pretty amazing.

It would be great to see different 'zones' shaded like a similar indicator:

zones shaded.png

I'm kinda curious. Can I alter the tpl file to shade areas by hand?

Thanks!

Mark
Was able to add shaded OBOS zones.

Re: RSI Indicators for MT4

Posted: Wed Oct 28, 2020 11:00 pm
by mwaschkowski
mrtools wrote: Wed Oct 28, 2020 12:09 pm

Was able to add shaded OBOS zones.
Wow, you are amazing! Thank you so much!

Do you know if there is anywhere I can learn details about how to do what you did? There are other indi's that I would like to do this with...

Thank you again!

Mark

Re: RSI Indicators for MT4

Posted: Thu Oct 29, 2020 12:08 am
by TEAMTRADER
As if anyone needs reminding of how good this indicator is - here is a fantastic HEAD & SHOULDERS pattern ON THE INDICATOR that any good trader would have claimed over 40 points profit in 10 minutes.
Mr Tools - this is a great indicator for many reasons.
Thanks
TEAMTRADER