Author: gpwr, posted on I simply renamed a few vars in order to make the code easier to read, and created a new proxy function. All the credits must go to gpwr for his much excellent source. The BNN predictor posted by gpwr is a great indicator, but many traders were wondering how to use
The Relative Strength Index technical indicator (RSI) is a price-following oscillator that ranges between 0 and 100. When Wilder introduced the Relative Strength Index, he recommended using a 14-day RSI.. Since then, the 9-day and 25-day Relative Strength Index indicators have also gained popularity. A popular method of analyzing the RSI is to look for
Description: Expert Advisor is fairly simple and with a little practice it can be modified even people not familiar with the programming. An Expert Advisor opens the trade, based on the intersection of MA. Opening is filtered on the indicator RSI. If RSI> 50 – allowed only Buy If RSI <50 – allowed only SellVariables:
You may change input parameters: nPeriod = 13; MaShift = 0; For RSI_Bands_B2 i added: RossiKoeff = 300;// find value by testing for each Symbol and TimeFrame RSI Band – indicator for MetaTrader 4
Author: HajarWae The peak/bottom could show the top level of RSI. When rsi passed the top/bottom value it indicated a buy/sel signal. It can show the signal earlier but still need some filter, so this methode could be combined with others indicator as a filters. Red arrow is peak and Yellow arrow is bottom. I
Description: Draws arrows when RSI returns back from extreme zone. Expert advisor edition is in the codebase (Easiest RSI). Extreme RSI – indicator for MetaTrader 4
EUR/USD M5 2010.05.26 – 07.27. Deposit: 10000, Lot: 1, Stoploss (sl): 50, Trailing stop (ts): 50. (four digits) EUR/USD H1 2010.01.01 – 07.27. Deposit: 10000, Lot: 1, Stoploss (sl):150, Trailing stop (ts): 150. (four digits) Opens one position when RSI comes back from extreme zone, and two others when the last opened has 20 (dif
Description: Please test this and tell me what you see. I don’t think it is profitable really, just appears that way. It may be over-fitting, or it may just work well. Enjoy the code anyhow 🙂 Indicator for slope must be named: Slope_Direction_Line_Alert Or just use the one I’ve attached. Image: Slope Rsi MTF Expert
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