Re: RSI Indicators for MT4

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simon_n3z wrote: Wed Nov 15, 2023 11:50 pm Hello kvak,

I was hoping to have the indicator top out and bottom out as far as it goes, with no limit around the 55 and -55 zone.

Just around 0 with to limit on how high or low it indicates

Please please?

sorry for the trouble,

-simon
Sorry, but I dont really understand what you want. Is there any rsi what have what you want? Or tell what are you want to do with this rsi?


Re: RSI Indicators for MT4

2643
simon_n3z wrote: Fri Nov 17, 2023 2:46 am this one has what i would like, around 0

again I apologize for the trouble
Sorry, but I really, really dont understand what you want, because if you see from picture, this two rsi are identical..........
Attachments

Re: RSI Indicators for MT4

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kvak wrote: Tue Nov 14, 2023 7:09 am Try...
Image
Okay, i dl'd the indi again (v1.2) to be sure. I attach the setfile i use too.

Look now at the screenshot, see where the line goes straight at the 50 and -50 level. That's the limit (boundary) i was referring to. I don't want that, let it go as high or low as it goes.
Check out my Intraday Swinging Setup - Updated Q4 2022... viewtopic.php?p=1295496595#p1295496595


Re: RSI Indicators for MT4

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simon_n3z wrote: Fri Nov 17, 2023 4:27 am Okay, i dl'd the indi again (v1.2) to be sure. I attach the setfile i use too.

Look now at the screenshot, see where the line goes straight at the 50 and -50 level. That's the limit (boundary) i was referring to. I don't want that, let it go as high or low as it goes.
Image
RSI operates between a scale of 0 and 100. The closer RSI is to 0, the weaker the momentum is for price movements. The opposite is also true. An RSI closer to 100 indicates a period of stronger momentum.

This is part from first post from Mr Mladen.

Thats all....

Re: RSI Indicators for MT4

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@mrtools Thank you for updating the Connors RSI. This RSI gets a lot of bad press but I don't know why as I find it useful, especially when comparing with Wilder's RSI. Please can you add alerts for overbought / oversold levels to the Connors RSI? Much appreciated for all the work you do on the site.

Regards,
GC
mrtools wrote: Fri Jul 14, 2023 5:20 am Divergence added.
Image

Re: RSI Indicators for MT4

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GraniteChief wrote: Tue Nov 28, 2023 7:38 am @mrtools Thank you for updating the Connors RSI. This RSI gets a lot of bad press but I don't know why as I find it useful, especially when comparing with Wilder's RSI. Please can you add alerts for overbought / oversold levels to the Connors RSI? Much appreciated for all the work you do on the site.

Regards,
GC
Added overbought/oversold alerts.


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