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Re: RSI Indicators for MT4
Posted: Wed Jan 25, 2023 6:51 am
by Lightningstorm7
mrtools wrote: Mon Jan 23, 2023 3:48 pm
RMI indicator
Made this one with a filter.
RMI vs RSI
Roger Altman created the RMI due to his frustration with the RSI's inconsistent oscillation between defined overbought and oversold levels which made it hard for him to analyze trends, so Altman added a momentum component to the RSI.
- RSI counts price's gains and losses from Close to Close.
- RMI calculates price's gains and losses from Close relative to a Close several bars back
RMI is an advanced version of the RSI indicator which is better suited to trend trading. Signals on the "50" median line are used for entering trends.
A Jurik Smoothed version is also available here:
Jurik RMI indicator.
Greetings MrTools, Are those Rmi candles on the chart? if I'm wrong can you share the indicator please because then I'd have failed to find it on here
Re: RSI Indicators for MT4
Posted: Wed Jan 25, 2023 6:59 am
by mrtools
Lightningstorm7 wrote: Wed Jan 25, 2023 6:51 am
Greetings MrTools, Are those Rmi candles on the chart? if I'm wrong can you share the indicator please because then I'd have failed to find it on here
It's apb avgs. candles from
here
Re: RSI Indicators for MT4
Posted: Wed Jan 25, 2023 7:06 am
by Lightningstorm7
mrtools wrote: Wed Jan 25, 2023 6:59 am
It's apb avgs. candles from
here
Thank you!
Re: RSI Indicators for MT4
Posted: Wed Jan 25, 2023 10:10 am
by kvak
Universal RMI with MTF + Arrows & Alerts
This is kind of universal RMI with mtf, arrows and alerts.
Choosable levels ( fixed or dsl) and signal.
RMI is possible filtered or use smoothing with average ...
Re: RSI Indicators for MT4
Posted: Fri Jan 27, 2023 12:18 am
by rocktheedge
Please can someone add the arrow and lines buffer in this indicator
Re: RSI Indicators for MT4
Posted: Fri Jan 27, 2023 3:29 am
by mrtools
rocktheedge wrote: Fri Jan 27, 2023 12:18 am
Please can someone add the arrow and lines buffer in this indicator
If you are needing buffers for an Ea why not use buffers#4 & 5, the trend and cross buffers, or you can simply use the rsi, upzone, dnzone, and ma buffers surely you will have to use them in your Ea call.
Re: RSI Indicators for MT4
Posted: Fri Jan 27, 2023 5:09 pm
by opita
Does anyone know if we have a more modern version of this indi?
The calculations are great, but the performance and drawing is absolutely terrible.
Re: RSI Indicators for MT4
Posted: Fri Jan 27, 2023 6:36 pm
by rocktheedge
mrtools wrote: Fri Jan 27, 2023 3:29 am
If you are needing buffers for an Ea why not use buffers#4 & 5, the trend and cross buffers, or you can simply use the rsi, upzone, dnzone, and ma buffers surely you will have to use them in your Ea call.
i checked indicators on auto connector thats why i really need to have indicators with buffers i dont want buffers to be added for ea i have never used ea.
Re: RSI Indicators for MT4
Posted: Sun Jan 29, 2023 10:31 pm
by rocktheedge
Any one have Wpr + Rsi overbought and oversold indicator in mq4 format
Re: RSI Indicators for MT4
Posted: Mon Jan 30, 2023 7:26 am
by kvak
It is not mq4, but I made this.
Combination of rsi and wpr in one indicator....Levels are shifted to zero level....
Switchable on-off for rsi or wpr lines or levels, arrows, alerts, MTF.