You're welcome! :-)

You want to receive notifications from this indicator for different currency pairs/assets, is that right? If so, you need to attach this indicator to the charts of your selected pairs/assets.

Hi, can i use in D1 timeframe?

Thanks

Tuanyer 

Hi

Why do not develope this indicator to as an expert adviser by adding SL AND TP AND OTHER SCRIPT S 

I am really interested if you will develope it for me thanks  

Hello,

Thanks for your interest! :-)

I have a few projects undergoing right now. I will release EAs based on my adaptive indicators soon.

Best,
Rasoul 

Hi,

Can I use this indicator for CFD Dow Jones with M5 time frame?

If so, does it need any fine tune? since it is not a currency trade.

Thanks.

Lin

Here is one strategy that I use to scalp on M5 charts. You need the adaptive RSI indicator and standard moving average (Period=288, Price=Close).

1. Wait until the price action crosses MA.

2. If price action is over (under) MA, wait for the first BUY (SELL) signal from the adaptive RSI,  enter market with a stop loss of 5-7 pips and a target of 10-15 pips.

Here is an example,

• A  Maximum Bars to Look Back: A positive integer number that indicates the maximum past bars, over which the adaptive RSI values will be computed.
• B   Maximum Past Bars for Optimization: A positive integer number that indicates the maximum past bars, over which optimization (to find the best RSI period) will be performed.
• C   RSI Period Step for Optimization: A positive integer number (greater than zero) that indicates the incremental step of RSI period to take into account in the optimization

Above is from your overview of this indicator. I am having trouble optimizing it. Help me please understand the below:

From B above "indicates the maximum past bars, over which optimization (to find the best RSI period) will be performed." What is difference between A and B? Sorry don't get it.

Bars are periods are they not? Or what is difference between bars and periods?

From C above what does this mean? "the incremental step of RSI period to take into account in the optimization"

Any suggested numbers you recommend for 1 Hour charts for EUR/USD, USD/JPY or GBP/USD for example may get me on the right track also.

Hi Lemmos,

Here are the answers:

 Maximum Bars to Look Back: Since the optimization takes a lot of time, this parameter specifies up to which bar in the past the indicator must show the results.

 Maximum Past Bars for Optimization: This parameter specifies how many bars must be used for the optimization process.

 RSI Period Step for Optimization: This is an internal parameter for the optimization algorithm. Leave it with the default value (which is 1).

If you want to see the effects of changing the parameters, I recommend Maximum Past Bars for Optimization, Overbought and Oversold Thresholds.

Best,
Rasoul 

Version 3.2

Hello,

Thanks for purchasing Adaptive RSI indicator.

Are you using real-ticks for backtesting? If so, probably there is not enough historical data (bars) in the strategy tester.

Otherwise, try to reduce Maximum Bars to Look Back to 500 and try again.

Best,
Rasoul 

hello, i want to know what's the success ratio of this indicator ?

Also, i'm looking for a good indicator that i can add to harmonic pattern to valid the patterns

Hi Noohm,

How did you try to install it?

I would suggest you to try the following method:

In you MT4's Terminal, click on <Market> tab, then enter the term  "Adaptive RSI" in the search box, then click on RFX Adaptive RSI and choose the download botton.

Best regards,
Rasoul