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Re: RSI Indicators for MT4

Could the dots or any other signal be added on the pullback from OB OS conditions?
Banzai wrote:
Sun Jul 03, 2022 1:16 am
(on/off button)

I'm going to rename this indicator to OB OS.
Only super coder like mladen and mrtools can find the peaks and the troughs.

OB = overbought
OS = oversold

For this indicator, if you see a candlestick under the SMA (20),
which is also the middle line of the Bollinger Band,
and a bunch of red dots in the oversold area,
then it's a downtrend.
Vice versa for an uptrend.

Re: RSI Indicators for MT4

mntiwana wrote:
Thu Feb 23, 2017 9:06 am
Adaptable RSI 2                (corrected)
Adaptable Stoch RSI
Adaptable Stoch RSI arrow
Adaptable Stoch RSI
(on/off button)

Attached is a template to show you how to make "up arrows button" only
or "down arrows button" only.

If candlesticks are below the SMA(20),
then turn on the "down arrows button" and turn off the "up arrows button".
Enter the trade when you see a red down arrow.
Exit when you see an "X".

And always use a stoploss.
Adaptable Stochastic RSI.tpl
(87.46 KiB) Downloaded 81 times
Adaptable StochRSI (arrows) BT.mq4
(27.53 KiB) Downloaded 139 times

Re: RSI Indicators for MT4

oskar656 wrote:
Sun Jul 03, 2022 2:17 am
Could the dots or any other signal be added on the pullback from OB OS conditions?
That's called alerts.
We should have one indicator that can alert by emails, arrows, push notifications, or sounds.

Uh, this thread has like 199 pages.

Re: RSI Indicators for MT4

GoldenBrett90 wrote:
Mon Jul 04, 2022 12:13 pm
Dear MrTools,

I'm wondering if you'd think this idea for a simple indicator would be a good idea to make or not.
I've checked through the RSI indicator collection and haven't found any such thing.
What I'm thinking of is making an OMA RSI histogram that changes color according to three signals:
0-40 will give a sell color on the histogram, 41-59 will give a neutral color, and 60-100 will give a buy color.
Could MTF also be added to this?

Thanks for your time.
! one more average rsi histo (mtf).mq4
(10.29 KiB) Downloaded 209 times

Re: RSI Indicators for MT4

太虚一毫 wrote:
Tue Jul 05, 2022 2:32 am
Very nice histo indicator! More practical than the regular version (one more average rsi.mq4). :thumbup:

The teacher's merit is boundless!
Also, Thanks to GoldenBrett90 for the idea.

Re: RSI Indicators for MT4

mrtools wrote:
Tue Jul 05, 2022 1:57 am
Teacher Jimmy recommends this indicator, which shows that it does have merit. :thumbup:

Looking forward to the teachers to upgrade it, adding all prices, smoothed,alerts,lb,candles, buttons and other elements.

Infinite merit!

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