TEAMTRADER wrote: Wed Jun 25, 2025 11:15 pm To illustrate how traps on the stoch will help - a continuation of the above post.
Look at the RSx crossing its levels and it becomes a formidable combination.
TEAMTRADER

Hi Teamtrader,
From the images looks like the trend lines are drawn quite a while apart on the stochs a few hours apart. How do you decide in between entries?Can you show some entry examples on the chart if possible please?Thank you for posting the charts.

SLN wrote: Thu Jun 26, 2025 12:01 am Hi Teamtrader,
From the images looks like the trend lines are drawn quite a while apart on the stochs a few hours apart. How do you decide in between entries?Can you show some entry examples on the chart if possible please?Thank you for posting the charts.

It is a 1m chart and the traps I draw start from the upper and lower limits. Fulcrums, turning points is what they achieve in a safer manner.
This is not the thread to do this but I will post due to the request.
Attached is the set up for a trade - as the stochs has red overbought lines this is my sign to start a new set of resistance traps.
All turning points of the stochs are updated by new traps until a safe opportunity arises. I draw support and resistance traps using a previous fulcrum and trust the illustration makes this clear.
It is just a matter of waiting for a trap to be cut by the indicator as a first signal and then to confirm that signal with RSx.
The levels of the stochs that I have shown by colours are again great helpers in assessing direction and basically any recross of a level is an opportunity for me to draw a trap starting from the previous fulcrum.
TEAMTRADER

TEAMTRADER wrote: Wed Jun 25, 2025 12:00 am Just to show how the RSx Scalper helped todays trade - appreciation to Mr Tools for the zero cross addition.
I entered on the arrow (zero cross) as Stochs OBOS had opened in confirmation.
42939 entry and 42889 exit.
50 in one scalp trade is good business.
Thanks again.
TEAMTRADER

50 pips is a a tremendous result.. love this thing you guys created been using it for scalping 10 pips off the majors and it is mint i'm just about to load your setup now

mrtools wrote: Mon Jun 23, 2025 9:13 pm Added the zero cross alerts.

This very good one should be loved by MT5 users as well.

mrtools wrote: Sun Jun 22, 2025 12:25 pm RSX Scalper Histogram with Divergences + Arrows & Alerts

Hello, sorry for the late answer added zero cross arrows.

@mrtools

Is there an MT5 version of this? I'm not sure how this is coded but jeez this one is magic, and the amazing thing is it almost runs fractal its like the same behavior through all timeframes been trying to visually achieve this for months lmao well done!!!

Regards.

mrtools wrote: Fri Mar 14, 2025 3:24 am This is a regular bollinger squeeze, but instead of using a linear regression histogram this is using a rsi histogram.

Does anyone have the MQ4 file for this indicator, thank you very much!

" ! rsi + squeeze.ex4 "

Sutatong wrote: Mon Jun 30, 2025 11:38 am This very good one should be loved by MT5 users as well.

Posted a version here.

temporalmotif wrote: Wed Jul 02, 2025 2:03 pm @mrtools

Is there an MT5 version of this? I'm not sure how this is coded but jeez this one is magic, and the amazing thing is it almost runs fractal its like the same behavior through all timeframes been trying to visually achieve this for months lmao well done!!!

Regards.

Posted a version here.

BobiFX wrote: Wed Jul 02, 2025 11:18 pm Does anyone have the MQ4 file for this indicator, thank you very much!

" ! rsi + squeeze.ex4 "

Is the indicator not working as is?

kvak wrote: Sun Mar 09, 2025 9:48 am Hello my friend, how are you?.
Thanks for your endless testing our indicators. You are right, I am forget updated menu with RSI names.
Here is new updated version, also with new RSI relative trend index.
And new trend logic in menu signal cross and level cross together.

Hi Kvak!! I hope you are well there. Since March, your eAverages kit has grown a lot. Could you please update the RSIs and Avgs of this excellent indicator?

Thank you very much