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Re: RSI Indicators for MT4

Posted: Tue Jun 11, 2024 4:00 am
by kvak
Experiment with RSI using Gann High Low Activator

In this RSI is applied same method like on Gann H/L activator.
RSI for price close/ high and low are compared in calculation.
I added separate RSI period close/ high-low and smoothing period close/ high-low.
Experimenting with this period are recommended.
This RSI is in second subwindow...
In first subwindow is RSI where is Gann H/L activator applied only on price...
EDIT: Found one bug in prices instances, I am uploaded corrected version..

Additional links and versions:

Re: RSI Indicators for MT4

Posted: Tue Jun 11, 2024 5:26 am
by Intrest 1
kvak wrote: Tue Jun 11, 2024 4:00 am Experiment with RSI.
In this RSI is applied same method like on Gann H/L activator.
RSI for price close/ high and low are compared in calculation.
I added separate RSI period close/ high-low and smoothing period close/ high-low.
Experimenting with this period are recommended.
This RSI is in second subwindow...
In first subwindow is RSI where is Gann H/L activator applied only on price...
Thank you.
It looks a little unexpected and yet interesting.
But I expected to see something like the well-known forex-king in whose channel there is a simple rsi. That would be more informative

Re: RSI Indicators for MT4

Posted: Tue Jun 11, 2024 6:28 am
by kvak
Intrest 1 wrote: Tue Jun 11, 2024 5:26 am Thank you.
It looks a little unexpected and yet interesting.
But I expected to see something like the well-known forex-king in whose channel there is a simple rsi. That would be more informative
Hello.
Sorry, I have not your read your mind πŸ˜† and if you was post picture like now, i was made something close to this.....
BTW indicator plot high and low RSI as doted line if you enable it...

Re: RSI Indicators for MT4

Posted: Tue Jun 11, 2024 3:46 pm
by moey_dw
Intrest 1 wrote: Tue Jun 11, 2024 5:26 am the well-known forex-king in whose channel there is a simple rsi
Forex-king.....

Re: RSI Indicators for MT4

Posted: Tue Jun 11, 2024 3:54 pm
by ChuChu Rocket
moey_dw wrote: Tue Jun 11, 2024 3:46 pm Forex-king.....
Never heard of him too.

Re: RSI Indicators for MT4

Posted: Tue Jun 11, 2024 4:01 pm
by boytoy
Intrest 1 wrote: Tue Jun 11, 2024 5:26 am But I expected to see something like the well-known forex-king in whose channel there is a simple rsi.
Forex king ding a ling πŸ†

Re: RSI Indicators for MT4

Posted: Tue Jun 11, 2024 6:13 pm
by Intrest 1
moey_dw wrote: Tue Jun 11, 2024 3:46 pm Forex-king.....

Re: RSI Indicators for MT4

Posted: Tue Jun 11, 2024 6:16 pm
by Intrest 1
kvak wrote: Tue Jun 11, 2024 6:28 am Hello.
Sorry, I have not your read your mind πŸ˜† and if you was post picture like now, i was made something close to this.....
BTW indicator plot high and low RSI as doted line if you enable it...
I have turned on the gray color in the graph. This is very different from the standard rsi. Maybe it won’t be a big problem to add a standard SSL channel to the standard RSI?

Re: RSI Indicators for MT4

Posted: Tue Jun 11, 2024 6:53 pm
by Intrest 1
kvak wrote: Tue Jun 11, 2024 6:28 am Hello.
Sorry, I have not your read your mind πŸ˜† and if you was post picture like now, i was made something close to this.....
BTW indicator plot high and low RSI as doted line if you enable it...
You made a good indicator.
But the problem is that only you know how it works and how to configure it. No one else knows about this except you.
Therefore, it would be nice to make a standard version that is understandable to everyone

Re: RSI Indicators for MT4

Posted: Tue Jun 11, 2024 7:43 pm
by kvak
Intrest 1 wrote: Tue Jun 11, 2024 6:53 pm You made a good indicator.
But the problem is that only you know how it works and how to configure it. No one else knows about this except you.
Therefore, it would be nice to make a standard version that is understandable to everyone
I write how this indicator work in my post...and if you know how SSL channel work, you know how this indicator work. If RSi(close) break previous RSI(high/low) trend is change.... Thats all....I don't know what is standard version for you?