Re: RSI Indicators for MT4

2122
Jimmy wrote: Wed Dec 14, 2022 9:07 pm I haven't seen this done before and I really like this idea which includes the 50 cross histogram bars inside the subwindow - it's like a Dual Display indicator. Thank you to both of you!

Very nice idea Chickensword 👏
Image
i suggest to make 4 colours
>71
<70 >51
<49 < <30
<29
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"There is NO GOD higher than TRUTH" - Mahatma Gandhi

QuestionRe: RSI Indicators for MT4

2123
sal wrote: Thu Dec 15, 2022 12:22 am i suggest to make 4 colours
>71
<70 >51
<49 < <30
<29
Hmm what do you mean Sal?

Did you mean to suggest "add options to allow a different color to display on the Histogram at certain RSI levels"?

Like as in when RSI has crossed levels, allow Histogram color choice if RSI is:

  • Above 71 (extreme overbought)
  • Below 71 but above 51
  • Below 49 but above 30
  • Below 29 (extreme oversold)

I'm trying to understand your post but it's like morse code bro 😆
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Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) 🆕
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance


IndicatorRe: RSI Indicators for MT4

2126
mrtools wrote: Mon Dec 12, 2022 3:23 pm RSI One More Average (OMA) Filtered with Histogram Bars Dual Display
Image
Love this one. Thanks

Is it possible to give the histogram part the same setting options as the above one? Or just a different length and smoothing?
I would use the histo with a longer period for longer term guidance
and the top line part for pullback.

It looks really nice and cadenced
Attachments
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Re: RSI Indicators for MT4

2127
Abdi wrote: Thu Dec 15, 2022 4:28 am Love this one. Thanks

Is it possible to give the histogram part the same setting options as the above one? Or just a different length and smoothing?
I would use the histo with a longer period for longer term guidance
and the top line part for pullback.

It looks really nice and cadenced
Image
Try.
These users thanked the author mrtools for the post (total 8):
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Re: RSI Indicators for MT4

2129
Jimmy wrote: Thu Dec 15, 2022 12:39 am Hmm what do you mean Sal?

Did you mean to suggest "add options to allow a different color to display on the Histogram at certain RSI levels"?

Like as in when RSI has crossed levels, allow Histogram color choice if RSI is:

  • Above 71 (extreme overbought)
  • Below 71 but above 51
  • Below 49 but above 30
  • Below 29 (extreme oversold)

I'm trying to understand your post but it's like morse code bro 😆
RSI 4 levels

For RSI lovers have this version with 4 levels....And 4 type of coloring in mode. All entry or leave of levels have arrows, alerts.
But it is universal rsi, possible smoothing price or rsi( 7 types of RSI).
Possible use dsl levels or signal cross.
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