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Re: RSI Indicators for MT4

Posted: Tue Jul 08, 2025 8:49 am
by kvak
RodrigoRT7 wrote: Tue Jul 08, 2025 4:24 am 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 :D
Hello my friend, here is updated version of RSI with some new RSI type and updated averages.

Re: RSI Indicators for MT4

Posted: Tue Jul 08, 2025 7:08 pm
by mo2mengaber22
mrtools wrote: Fri Nov 13, 2020 4:18 am Made this version mtf. Had to remove the lines so not to have too many iCustom parameters.
great one

RSI LinePro

Posted: Sun Jul 20, 2025 7:15 pm
by ionone

Code: Select all

______  _____ _____   _     _           ______          
| ___ \/  ___|_   _| | |   (_)          | ___ \         
| |_/ /\ `--.  | |   | |    _ _ __   ___| |_/ / __ ___  
|    /  `--. \ | |   | |   | | '_ \ / _ \  __/ '__/ _ \ 
| |\ \ /\__/ /_| |_  | |___| | | | |  __/ |  | | | (_) |
\_| \_|\____/ \___/  \_____/_|_| |_|\___\_|  |_|  \___/                                                         

I created this indicator yesterday. It's trendlines over a RSI oscillator

it's nothing new, but I never found one that isn't messy with the alerts, and/or repainting at least 1 bar

on this version, the actual bar is when the rsi/trenline crosses happen. so at the close of the bar, you will get the arrows on the previous bar.
it's synced with the chart as it should be for everyday use.

it can be a bit slow because it checks *every* possible trendline with every peak it finds (the lookbar period is the actual number of peaks it looks for, not the number of bars)

you can filter trendlines according to their slope or how many bars there are between peaks

npeaks = 10;//number of peaks to process
so it will look for a peak (a simple /\ in the rsi) then looks backwards for 'npeaks' peaks and determine a trendline
if the trendline is correct according to the settings it is drawn with an arrow,
if not, the algo skips to the next peak.
and if the first peak on the right doesn't bring any trend line, it will go to the next one and restart the whole process
so for each bar there are npeak^2 trendlines tested. which can be heavy on CPU.
To mitigate that, just lower npeaks a bit (like 7-8 is usually enough)


minPeaksHeight = 0;//minimum peak height
a peak can be really pointy or almost flat.
This parameter sets the minimum height of a peak to keep only the pointier ones


minPeaksDist = 10;
minimum distance between the two peaks

extern double minSlope = 1.5;
minimum slope of the trendline. The bigger the number the more slanted

extern bool filterNegativeSlopes = false;
do not keep trendlines with negative slopes

extern double maxRSI = 50;
this is to ensure the signals are at the bottom of the rsi chart for buys and inversely for sells.
if you want no filter just set it to 100.


this indicator has a time limitation. But it's only to filter out older non working version.

once it works as it should i'll release the whole code. for free :)

Jeff

what about examples ?

it can be really good like these ones: or a little less good like these ones :
let me know if you want more features and i'll add em!

Re: RSI LinePro

Posted: Sun Jul 20, 2025 11:44 pm
by Cagliostro
ionone wrote: Sun Jul 20, 2025 7:15 pm

Code: Select all

______  _____ _____   _     _           ______          
| ___ \/  ___|_   _| | |   (_)          | ___ \         
| |_/ /\ `--.  | |   | |    _ _ __   ___| |_/ / __ ___  
|    /  `--. \ | |   | |   | | '_ \ / _ \  __/ '__/ _ \ 
| |\ \ /\__/ /_| |_  | |___| | | | |  __/ |  | | | (_) |
\_| \_|\____/ \___/  \_____/_|_| |_|\___\_|  |_|  \___/                                                         

I created this indicator yesterday. It's trendlines over a RSI oscillator

it's nothing new, but I never found one that isn't messy with the alerts, and/or repainting at least 1 bar

on this version, the actual bar is when the rsi/trenline crosses happen. so at the close of the bar, you will get the arrows on the previous bar.
it's synced with the chart as it should be for everyday use.

it can be a bit slow because it checks *every* possible trendline with every peak it finds (the lookbar period is the actual number of peaks it looks for, not the number of bars)

you can filter trendlines according to their slope or how many bars there are between peaks

npeaks = 10;//number of peaks to process
so it will look for a peak (a simple /\ in the rsi) then looks backwards for 'npeaks' peaks and determine a trendline
if the trendline is correct according to the settings it is drawn with an arrow,
if not, the algo skips to the next peak.
and if the first peak on the right doesn't bring any trend line, it will go to the next one and restart the whole process
so for each bar there are npeak^2 trendlines tested. which can be heavy on CPU.
To mitigate that, just lower npeaks a bit (like 7-8 is usually enough)


minPeaksHeight = 0;//minimum peak height
a peak can be really pointy or almost flat.
This parameter sets the minimum height of a peak to keep only the pointier ones


minPeaksDist = 10;
minimum distance between the two peaks

extern double minSlope = 1.5;
minimum slope of the trendline. The bigger the number the more slanted

extern bool filterNegativeSlopes = false;
do not keep trendlines with negative slopes

extern double maxRSI = 50;
this is to ensure the signals are at the bottom of the rsi chart for buys and inversely for sells.
if you want no filter just set it to 100.


this indicator has a time limitation. But it's only to filter out older non working version.

once it works as it should i'll release the whole code. for free :)

Jeff

what about examples ?

it can be really good like these ones:
screenshot.1236.jpgscreenshot.1232.jpgscreenshot.1230.jpgscreenshot.1231.jpgscreenshot.1235.jpg
or a little less good like these ones :

ass1.jpgass2.jpg

let me know if you want more features and i'll add em!
Brilliant. It can be so easy, as this is one of the most rewarding signals amongts the classic 10/12 ones provided by RSI.

Re: RSI LinePro

Posted: Sun Jul 20, 2025 11:59 pm
by moey_dw
ionone wrote: Sun Jul 20, 2025 7:15 pm

Code: Select all

______  _____ _____   _     _           ______          
| ___ \/  ___|_   _| | |   (_)          | ___ \         
| |_/ /\ `--.  | |   | |    _ _ __   ___| |_/ / __ ___  
|    /  `--. \ | |   | |   | | '_ \ / _ \  __/ '__/ _ \ 
| |\ \ /\__/ /_| |_  | |___| | | | |  __/ |  | | | (_) |
\_| \_|\____/ \___/  \_____/_|_| |_|\___\_|  |_|  \___/                                                         

I created this indicator yesterday. It's trendlines over a RSI oscillator
Uncanny and powerful!!! Can you allow us the choice of color changes?!! Seems hard coded for some colors at this stage......... but I love it

Re: RSI LinePro

Posted: Mon Jul 21, 2025 7:02 pm
by ChuChu Rocket
ionone wrote: Sun Jul 20, 2025 7:15 pm let me know if you want more features and i'll add em!
Agree, this is great we just need the ability to change the colors please 🤌

RSI LinePro v 1.02

Posted: Mon Jul 21, 2025 9:18 pm
by ionone
ChuChu Rocket wrote: Mon Jul 21, 2025 7:02 pm Agree, this is great we just need the ability to change the colors please 🤌
RSI LinePro v 1.02

I added colors so you can change them.

This is version 1.02 :

I added a min number of bars at the right of peak 2 :
if you consider two peaks, peaks 1 and 2, then the arrows are at the right of peak 2.
But I only set the min distance from peak 1 to peak 2.
now you can set a minimum bars between peak 2 and arrow

Code: Select all

peak 1
  /\     peak 2
 /  \     /\
/    \  /    \    arrow	
      \       \    /
               \  /   
	        \/
also if you don't set ""clean" from right peak to arrow" to true then type of setup (RSI going above trend line from peak 2 to arrow) won't be filtered

this version is compatible with setfiles from version 1.00.
Just hit "reset" before loading any set file (important)

Jeff

Re: RSI LinePro v 1.02

Posted: Mon Jul 21, 2025 10:46 pm
by moey_dw
ionone wrote: Mon Jul 21, 2025 9:18 pm RSI LinePro v 1.02

I added colors so you can change them.
THIS IS THE BEST RSI TRENDLINE BREAK INDICATOR............... BETTER THAN DIVERGENCE PETER OR THOSE OTHER ONES

Re: RSI LinePro v 1.02

Posted: Mon Jul 21, 2025 10:50 pm
by boytoy
ionone wrote: Mon Jul 21, 2025 9:18 pm RSI LinePro v 1.02


I added colors so you can change them.

Code: Select all

peak 1
  /\     peak 2
 /  \     /\
/    \  /    \    arrow	
      \       \    /
               \  /   
	        \/
Complete indicator now.. love this so much thank youuuu Jefferson!

Re: RSI LinePro v 1.02

Posted: Mon Jul 21, 2025 10:55 pm
by Jimmy
ionone wrote: Mon Jul 21, 2025 9:18 pm RSI LinePro v 1.02
You're on fire Jeff. Another top-notch code which works flawlessly.

I've moved the posts into the RSI thread so it doesn't get "missed" whilst Andrei is battling his Bitcoin positions and posting them up in the Something Interesting thread 😂