• RSI Indicators for MT4

Posted: **Wed Feb 23, 2022 2:14 am**

Haha, I don't see it that way. Ask: Which indicator beats the RSI?

Posted: **Wed Feb 23, 2022 2:20 am**

rsi_filter is one of the simplest indicators of master Mladen Rakic (MT4, MT5 have this indicator). It can be said that all trading systems and indicators that do not conform to rsi_filter will fail.

Posted: **Wed Feb 23, 2022 9:30 am**

mrtools wrote: Mon Feb 21, 2022 9:36 am Added mtf and multi symbol.

Thank you, Much appreciated!

Posted: **Sun Feb 27, 2022 4:25 pm**

kvak wrote: Sat Oct 16, 2021 10:02 am Hi.
First is composite RSI. Updated it also with full price options and auto higher timeframe.

The Composite RSI is good for filtering out insignificant price changes and identifying underlying trends.
Looking forward to adding all averaging methods like ADXvma, PWMA, etc. in this button release.

Posted: **Sun Feb 27, 2022 10:51 pm**

Now for MT4 ! (as I know lot of you guys still use MT4)
remember if you want same output as Mladen's orginal indicator you need to select PRICE_LOW in the "price" setting
this is the beauty of publishing codes, anybody can verify it, fix it eventually and port it on platforms that would not be available otherwise...
I hope there are no errors in code I verified with identical price action from original on MT5 that both outputs are the same, in the strategy tester or on the chart so it should be good.
if you find anything please let me know i'll fix it ASAP

Posted: **Mon Feb 28, 2022 12:49 am**

ionone wrote: Sun Feb 27, 2022 10:51 pm Now for MT4 ! (as I know lot of you guys still use MT4)
remember if you want same output as Mladen's orginal indicator you need to select PRICE_LOW in the "price" setting
this is the beauty of publishing codes, anybody can verify it, fix it eventually and port it on platforms that would not be available otherwise...
I hope there are no errors in code I verified with identical price action from original on MT5 that both outputs are the same, in the strategy tester or on the chart so it should be good.
if you find anything please let me know i'll fix it ASAP

I am not expert but how this situation!!

Posted: **Mon Feb 28, 2022 7:14 am**

This is a version of Mladen's decomposed rsi with smoothing and all the prices.

Posted: **Mon Feb 28, 2022 7:40 am**

mrtools wrote: Mon Feb 28, 2022 7:14 am This is a version of Mladen's decomposed rsi with smoothing and all the prices.

Whoa! Thanks Mrtools, really looking forward to giving this one a go

Posted: **Mon Feb 28, 2022 10:06 am**

太虚一毫 wrote: Sun Feb 27, 2022 4:25 pm The Composite RSI is good for filtering out insignificant price changes and identifying underlying trends.
Looking forward to adding all averaging methods like ADXvma, PWMA, etc. in this button release.

Hello.
For all averaging methods, you must ask Mrtools, I have only some methods.....
Yes, I like Mladens Composite RSI....
Upgraded a little bit this version, Added some averaging methods, added signal MA and possibility to use this for coloring, added arrows.
And added DSL levels for experimenting. DSL levels have two calculating methods EMA\FEMA.
Standard period for DSL is 9, but you must experimenting with this...

Posted: **Mon Feb 28, 2022 8:17 pm**

mrtools wrote: Mon Feb 28, 2022 7:14 am This is a version of Mladen's decomposed rsi with smoothing and all the prices.

arrows please mrtools

RSI Indicators for MT4

Re: RSI Indicators for MT4

Re: RSI Indicators for MT4

Re: RSI Indicators for MT4

Re: RSI Indicators for MT4

Decomposed RSI [reverse engineered]

Re: Decomposed RSI [reverse engineered]

Re: RSI Indicators for MT4

Re: RSI Indicators for MT4

Re: RSI Indicators for MT4

Re: RSI Indicators for MT4