Mr Tools,
Could an on screen divergence signal/arrow be added to this indicator? ONLY when the levels of 20 and 80 have been reached. This is important as these reflect the bigger moves.
Thanks
TEAMTRADER

In my (humble) opinion these indicators are the best and easiest to trade in the RSI/RSX family. Key levels are 80 for overbought and 20 for oversold with the faster of the two RSx ma's. Central area of 40 - 60 is the sideways/choppy area. As you can see I colour code for ease of recognition but it ...

QUESTION
Is there a zero lag channel indicator with alerts OR a Bollinger Band indicator using ZERO LAG rather than McNichol moving averages?
Thanks if it can be made/posted here.
TEAMTRADER

pacois wrote: Thu Feb 27, 2020 8:51 am

Try!!

Appreciated!
This is it in action on my 'Simply the Best' scalping template.
TEAMTRADER

Hi. can you share the indicators and template you have used here. would appreciate the help! thank you.. The template is specific to scalping the Dax 1m index and not a ‘one-fit-all’ template. Attached are the indi's and template but beware that the current 'dot' signal repaints so I am testing it ...

Could arrows or vertical lines be added to signal when the Yellow ma crosses:
1. Zero,
2. The central Magenta median ma.
Thanks
TEAMTRADER

As Rsi indicators go I feel that this is both the best and the easiest to follow with the inclusion of 'S&R' levels. Obviously my own settings as the original posted has different settings BUT if you include the colour levels as I have shown on the illustration it will help enormously. My colour...

You've done it :) This is a special indicator, indeed and the best part is that it filters those Divergence signals so well. For me, this is the Best RSI Divergence indicator on MT4 now. Divergences are only visible on this indicator if: If RSI MA is outside 80 Overbought, Bearish Divergence signal...

[quote=MaxTorque post_id=1295420871 time=1602749360 user_id=4927612]

Hello Tematrader,

please, can you share the black arrow indicator ?

Greetings
[/quote
Attached - it is a simple CCI cross ind changed to my scalping settings.
TEAMTRADER

This CCI indicator has multi uses. Firstly and obviously it has a default setting as a CCI-233. It shows histograms with stronger momentum, higher highs or lower lows in red, trending momentum in orange and divergence in blue - with sideways or change areas in DarkGray. Secondly it can be used by th...