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Re: RSI Indicators for MT4

Posted: Wed Sep 28, 2022 10:51 am
by mrtools
opita wrote: Wed Sep 28, 2022 6:58 am Mr Tools or anyone else is there a version of this RSi (Free RSI with LWMA) that will warn you when RSI goes above/below a certain level.
If not, can it please be added.

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Added alerts on level crossing.

Re: RSI Indicators for MT4

Posted: Wed Sep 28, 2022 11:49 am
by mrtools
Marco320 wrote: Tue Sep 27, 2022 10:50 pm download/file.php?id=3441481

Dear mrTools.

Thx for your reply which already helps me.

Could you also insert 2 levels when a signal is valid. E.g. above level 70 = long and below 30 = short so all between 70 and 30 is showing a so called no trading zone for validation of the signal (basically a flat period should be between 70 and 30 levels) The levels should be changable in the setting.

Other very nice options to code in this indicator too, could be also when the power of the values will cross again, from 70 (and above) going below 70 level again means close the open position and for 30 level and going up again should be the closing of that open position. (e.g. a cross sign can show on chart by end of trend. Entries already have a sign on chart so thats good.

Hope you can help me and probably others, because using in MTF mode this will give nice entries and exits.

Thx a lot for your appreciation and help.

Best regards,
Marco
Added changeable levels cross as an option.

Re: RSI Indicators for MT4

Posted: Wed Sep 28, 2022 5:02 pm
by xpf2003
mrtools wrote: Wed Sep 28, 2022 10:51 am Added alerts on level crossing.
Dear MrTools,

Sorry for asking again. I know you are a busy person. Would you be able to convert this into MT5 version please?

Re: RSI Indicators for MT4

Posted: Wed Sep 28, 2022 6:40 pm
by Marco320
mrtools wrote: Wed Sep 28, 2022 11:49 am Added changeable levels cross as an option.
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Dear mrTools,

Thank you very much for your great help, love it.

Best regards,
Marco

Re: RSI Indicators for MT4

Posted: Thu Sep 29, 2022 1:29 am
by mrtools
xpf2003 wrote: Wed Sep 28, 2022 5:02 pm Dear MrTools,

Sorry for asking again. I know you are a busy person. Would you be able to convert this into MT5 version please?
Can probably do everything but the button.

Re: RSI Indicators for MT4

Posted: Thu Sep 29, 2022 1:41 am
by xpf2003
mrtools wrote: Thu Sep 29, 2022 1:29 am Can probably do everything but the button.
That would be wonderful. No button is fine. Thanks a lot MrTools.

Re: RSI Indicators for MT4

Posted: Fri Sep 30, 2022 3:27 am
by Lightningstorm7
Here's a neat indicator that I've found its good on the eyes and quite easy to understand


Re: RSI Indicators for MT4

Posted: Fri Sep 30, 2022 4:46 am
by mrtools
xpf2003 wrote: Thu Sep 29, 2022 1:41 am That would be wonderful. No button is fine. Thanks a lot MrTools.
Haven't forgot about you just keep getting stuck on different projects. :)

Re: RSI Indicators for MT4

Posted: Fri Sep 30, 2022 4:54 am
by xpf2003
mrtools wrote: Fri Sep 30, 2022 4:46 am Haven't forgot about you just keep getting stuck on different projects. :)
Very nice of you to let me know.

Re: RSI Indicators for MT4

Posted: Sat Oct 01, 2022 4:54 am
by mrtools
xpf2003 wrote: Sat Sep 24, 2022 8:44 pm Thank you MrTools. This seems to be a great indicator for identifying mean reversing setups.

Any chance you can convert this into MT5?
Posted a version here Mt5 rsi indicators