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SokundaraaPok_  

I bought this indicator, but on mobile phone it does not show which pair the alert happens. Please advise me how to fix it. Thank you

Thushara Dissanayake  
SokundaraaPok_:

I bought this indicator, but on mobile phone it does not show which pair the alert happens. Please advise me how to fix it. Thank you

I will look about that and update the product.

Thank you.

SokundaraaPok_  
Thushara Dissanayake:

I will look about that and update the product.

Thank you.

When will I know the result of the update. Thank you.

Thushara Dissanayake  

The Relative Strength Index (RSI) can be used in trading for various purposes:

  • Identifying Overbought and Oversold Levels: The RSI can help traders identify when an asset is overbought or oversold, indicating a potential reversal in price.

  • Trend Confirmation: By analyzing the RSI's movement in relation to the price trend, traders can confirm the strength or weakness of a trend.

  • Divergence Signals: Divergence between the RSI and price action can provide early signals of a potential trend reversal.

  • Entry and Exit Points: Traders can use the RSI to determine optimal entry and exit points based on overbought and oversold conditions.

  • Momentum Analysis: The RSI can be used to assess the strength and momentum of price movements, aiding in trade decision making.

  • Trendline Breaks: The RSI can help identify breaks in trendlines, indicating potential shifts in the price direction.

  • Reversal Patterns: The RSI can assist in spotting chart patterns, such as double tops or double bottoms, that may indicate trend reversals.

  • Confirmation of Support and Resistance Levels: The RSI can provide additional confirmation when price approaches key support or resistance levels.

  • Volatility Assessment: Traders can use the RSI to gauge market volatility and adjust their trading strategies accordingly.

  • Trade Management: The RSI can help traders manage their trades by providing signals to adjust stop loss levels or trail stop orders based on RSI levels.




Relative Strength Index (RSI) trading strategies:

  • Scalping Strategy 1: For buy entries, traders look for instances where the price is greater than the Exponential Moving Average (EMA) 200 and an RSI crossover Buy alert is generated. Conversely, for sell entries, traders seek situations where the price is less than EMA 200 and an RSI crossover Sell alert is triggered. Quick take profit levels of 10-15 pips can be used for exit signals.

  • Overbought and Oversold Levels: One common strategy using the RSI is to identify overbought and oversold levels. When the RSI reaches or exceeds the overbought level (typically above 70), it may indicate that the market is overextended and due for a potential reversal. Conversely, when the RSI drops to or below the oversold level (typically below 30), it may suggest that the market is oversold and ripe for a possible upward correction.

  • RSI Divergence: Another strategy involves looking for divergences between the price and the RSI. Divergence occurs when the price makes a higher high or a lower low, but the RSI fails to confirm it with a corresponding higher high or lower low. This can signal a potential trend reversal or a weakening of the current trend, providing opportunities for entry or exit points.

  • Trend Confirmation: Traders can use the RSI to confirm the prevailing trend. In an uptrend, the RSI tends to stay above 50, and during a downtrend, it typically remains below 50. Traders can look for opportunities to enter trades in the direction of the trend when the RSI confirms the trend by staying within the expected range.

  • RSI Support and Resistance: The RSI can also be used to identify support and resistance levels. When the RSI repeatedly finds support around a specific level, it may act as a floor for the price, indicating a potential buying opportunity. Similarly, when the RSI encounters resistance at a particular level, it may act as a ceiling for the price, suggesting a possible selling opportunity.

  • RSI Crossovers: Traders can watch for crossovers of the RSI with its moving averages, such as the 50-period or 200-period moving average. A bullish crossover occurs when the RSI moves above the moving average, indicating increasing bullish momentum. Conversely, a bearish crossover happens when the RSI drops below the moving average, suggesting increasing bearish momentum.

  • RSI Range Trading: Some traders employ a range trading strategy using the RSI. They identify a specific range within the RSI values (e.g., between 30 and 70) and consider buying when the RSI is at the lower end of the range and selling when it reaches the upper end. This strategy assumes that the RSI will revert to its mean within the established range.

  • RSI Breakouts: Traders can also look for RSI breakouts above or below key levels, such as 50 or previous swing highs/lows. A breakout above 50 may indicate a strengthening bullish momentum, while a breakout below 50 may suggest an increasing bearish momentum.

  • Multiple Timeframe RSI Analysis: By analyzing the RSI across different timeframes, traders can gain a broader perspective on market conditions. For example, they can look for alignment or divergence of RSI signals on daily, weekly, and monthly charts to confirm trends and potential reversals.

  • RSI with Price Patterns: Combining RSI with traditional price patterns, such as double tops, double bottoms, or head and shoulders patterns, can provide additional confirmation signals. When the RSI supports the pattern's signal, it enhances the validity of the pattern and may offer stronger trading opportunities.

  • RSI with Trendlines: Traders can draw trendlines on the RSI to identify support and resistance levels within the indicator. The RSI trendlines can help confirm the prevailing trend, provide potential entry or exit points, and indicate potential trend reversals when broken.

Remember to thoroughly backtest and practice these strategies before implementing them in live trading, and adapt them to your individual trading style and risk tolerance.


Advantages of choosing RSI Crossover Alert as your trading indicator:

  • Timely Crossover Alerts: The RSI Crossover Alert provides timely notifications when the fast and slow RSI lines cross over, allowing you to stay informed about potential trading opportunities in real time.

  • Effective Signal Filtering: By focusing on RSI crossovers, the indicator effectively filters out false signals commonly associated with traditional RSI indicators. This helps you avoid unnecessary trades and improve the accuracy of your trading decisions.

  • Compatibility with Multiple Time Frames and Symbols: The indicator is suitable for application on any time frame and trading symbol, providing you with flexibility to use it across different markets and trading strategies.

  • User Friendly Parameters: With easy to use parameters, the RSI Crossover Alert allows you to customize and adjust the indicator settings according to your preferences and trading style.

  • Historical Signal Display: The indicator has the capability to draw previous crossover signals on the chart, allowing you to analyze historical patterns and gain insights into past trading opportunities.

  • Quick Take Profit Levels: The indicator suggests using quick take profit levels of 10-15 pips, providing you with a clear target for securing profits in shorter time frames.

  • Pop-Up Message Alerts: The fast notification system of the RSI Crossover Alert delivers pop-up message alerts, ensuring you never miss a potential trading signal even when you're not actively monitoring the charts.

  • Enhanced Trading Decision Making: By incorporating RSI crossovers and eliminating false signals, this indicator helps you make more informed and accurate trading decisions.

  • Customizability and Flexibility: With various adjustable parameters, the RSI Crossover Alert allows you to tailor the indicator's settings to align with your specific trading preferences and requirements.
Thushara Dissanayake  

v1.0 Features

  • Suitable for every time frame and symbol: The RSI Crossover Alert is designed to work effectively on any time frame, whether you prefer short term scalping or longer term trading. It is also compatible with various trading symbols, allowing you to apply it across different markets and instruments.

  • Easy parameters: The indicator offers user friendly parameters that are easy to understand and adjust. You can customize the settings according to your trading preferences, including the RSI period, applied price, and other relevant parameters, making it convenient for traders of all experience levels.

  • Draw previous signals: The RSI Crossover Alert has the ability to plot previous crossover signals on the chart. This feature enables you to analyze historical patterns and evaluate the effectiveness of past signals, providing valuable insights for your trading strategy.

  • Fast notification system: The indicator is equipped with a fast notification system that promptly alerts you when a crossover occurs. You can receive pop-up messages or other types of notifications, ensuring you stay informed about potential trading opportunities even when you're not actively monitoring the charts.



v1.0 Parameters

  • RSI Filters
    • Fast RSI Period - Fast averaging period for calculation.
    • Slow RSI Period - Slow averaging period for calculation.
    • RSI Applied Price - Applied price.
  • Other Filters
    • Start Candle - Index of the value taken from the indicator buffer.
    • History - Minimum historical bars for calculating indicator data.
    • Arrow Distance - Distance for draw arrow from candle high/low.
    • Buy Arrow Character - Character for buy signal (Wingdings).
    • Sell Arrow Character - Character for sell signal (Wingdings).
    • Buy Color - Color of buy arrow.
    • Sell Color - Color of sell arrow.
  • Alert Filters
    • Popup Alert - Activate/ Deactivate pop up message alerts.
    • Alert Reset By - The time period for notify the same level alert again.
Marouane Sammoudi  

hi , 


please i still need your help to set the setting to have arrows on curent crossover 


awaiting for your response please 


regards , 

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