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Re: RSI Indicators for MT4

Posted: Sat Mar 30, 2024 7:04 am
by kvak
talaate wrote: Fri Mar 29, 2024 12:22 am Thanks kvak
It is really very nice to create and publish such series of indicators.
Hope when to have time to complete these series by publishing for CCI (-100 to +100).
Many Thanks
Hello, I made version and posted it HERE

Re: RSI Indicators for MT4

Posted: Sat Mar 30, 2024 7:42 am
by kvak
Abdi wrote: Thu Mar 28, 2024 11:32 pm Hi, Kvak.

Hope you are doing fine?
Just wanted to ask if you had time to look in to the small modification i was suggesting in the post above?
RSI Double Filter (2x Levels)

Hello.
Is this what you want?

To recap, this custom RSI has the following options:
  • MA "Filter" (On Price)
  • The option to filter:
    Trend momentum (cross signals)
    • Price above MA filter = Will signal only on RSI cross's overbought area
    • Price below MA filter = Will signal only on RSI cross's oversold area
    • ie: price is above the 200 ema and the rsi crosses above the 70 level. Arrow below the candle
    Trend pullback (exit signals)
    • Price above MA filter = Will signal only when RSI exits the oversold area
    • Price below MA filter = Will signal only when RSI exits the overbought area
    • ie: price is above the 200 ema and the rsi crossed below the 30 level and is now exiting the 30 level. Arrow below the candle
  • MA is displayed as small histogram
  • Updated averages method and RSI pack

Re: RSI Indicators for MT4

Posted: Sun Mar 31, 2024 12:00 am
by Abdi
kvak wrote: Sat Mar 30, 2024 7:42 am Hello.
Is this what you want?
Yes, thank you very much Kvak and you and your family Happy Easter brother!

Re: RSI Indicators for MT4

Posted: Sun Mar 31, 2024 1:00 am
by josi
kvak wrote: Sat Mar 30, 2024 7:42 am Hello.
Is this what you want?
Thanks, kvak, for this indicator.
The problem I have with it: it uses the erroneous concept of overbought and oversold.
If people simply used the RSI with a buy- and a sell-level, the RSI would be a wonderful indicator to make money (but people never learn, do they?)
I tried to make clear what I mean (and how I think it should be used):

Re: RSI Indicators for MT4

Posted: Sun Mar 31, 2024 2:19 am
by kvak
josi wrote: Sun Mar 31, 2024 1:00 am Thanks, kvak, for this indicator.
The problem I have with it: it uses the erroneous concept of overbought and oversold.
If people simply used the RSI with a buy- and a sell-level, the RSI would be a wonderful indicator to make money (but people never learn, do they?)
I tried to make clear what I mean (and how I think it should be used):
Hello.
Thank you for your advice.
There are a lot of settings that allow everyone to set what they need for their trading style......

Re: RSI Indicators for MT4

Posted: Sun Mar 31, 2024 8:12 am
by mrtools
mrtools wrote: Sat Mar 30, 2024 7:01 am This is an atr adaptive rsi, with 10 different rsi types and the average options to choose for pre smoothing if desired. Added an option to use either the built in mt4 atr for adaption or a little different custom atr.
ATR Adaptive RSI with Color Fill

Added an upper/lower level fill.

Re: RSI Indicators for MT4

Posted: Sun Mar 31, 2024 1:51 pm
by vvFish
mrtools wrote: Sun Mar 31, 2024 8:12 am Added an upper/lower level fill.
;)

Re: RSI Indicators for MT4

Posted: Tue Apr 02, 2024 3:01 am
by unimatrix
mrtools wrote: Sun Mar 31, 2024 8:12 am Added an upper/lower level fill.
Thank you mrtools. What indicator is this on your top chart with the "Lag Filter" button?

Re: RSI Indicators for MT4

Posted: Tue Apr 02, 2024 3:30 am
by mrtools
unimatrix wrote: Tue Apr 02, 2024 3:01 am Thank you mrtools. What indicator is this on your top chart with the "Lag Filter" button?
Check here

Re: RSI Indicators for MT4

Posted: Wed Apr 03, 2024 7:12 am
by AteszBatesz
mrtools wrote: Fri Oct 16, 2020 3:57 am This should be a lighter version.
Hi Mr Tools!

Is it possible to add MTF mode to this indicator?

Kind Regards :)