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First Derivative RSI

First Derivative RSI is a forex indicator based on all familiar RSI, based on the first derivative of the price function. The indicator combines the functionality of an oscillator and a trend indicator. At the bottom of the chart, a part of the indicator similar to the RSI will be displayed, but only calculated as the first derivative of the price. On the chart itself, trend signals will be displayed by arrows, they are filtered by the algorithm and always alternate buy / sell. It also shows the number of profitable pips that the indicator can give at the specified interval (LimitCalcHistory). The indicator has a parameter (Spread), which deducts a part of the profit per spread for each signal.

To control the period of the RSI indicator, we will use the derivative of the price function at a certain time interval (Length). The derivative of a function is a concept of differential calculus that characterizes the rate of change of a function at a given point. It is defined as the limit of the ratio of the increment of a function to the increment of its argument when the increment of the argument tends to zero, if such a limit exists. The price function has a finite derivative (at the point under study), which means it is differentiable at this point. And we can work with her. After the mathematical transformation is made, we transform the result using the coefficient (DerivativeFirst) to a value acceptable for the RSI indicator, and that's it! It is also possible to set the minimum oscillator level using the (MinLengthFirst) parameter.

For those who are only interested in the trend version of the indicator, you can buy it here.
For those who are interested in a bot based on this indicator, you can buy it here.

The main thing to understand is that the indicator parameters must be selected for each instrument and each timeframe.
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4.56 (9)
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Dies ist ein hervorragendes technisches Indikatorsystem, das die periodischen Aufwärts- oder Abwärtstrends des Handels unter kleinen, mittleren und großen Aspekten analysiert. Period1 in den Parametern ist ein kleiner Zeitraum, Period2 ist ein mittlerer Zeitraum und Period3 ist ein großer Zeitraum, small_symbol ist die Kennung von Signal Nr. 1, middle_symbol ist die Kennung von Signal Nr. 2 und big_symbol ist die Kennung des Signals Nr. 3 ;Alert ist der Schalter der Warntaste, Mail ist der Sc
Entry Points Pro
Yury Orlov
4.7 (224)
Dies ist ein Indikator für MT4, der genaue Signale für den Einstieg in einen Handel ohne Repainting (Neuzeichnen) liefert. Er kann auf alle Finanzwerte angewendet werden: Forex, Kryptowährungen, Metalle, Aktien, Indizes. Er liefert ziemlich genaue Schätzungen und sagt Ihnen, wann es am besten ist, eine Position zu eröffnen und zu schließen. Sehen Sie sich das Video (6:22) mit einem Beispiel für die Verarbeitung nur eines Signals an, das sich für den Indikator gelohnt hat! Die meisten Händler ver
Thise indicator is up down v6  comes with tradingwiev version. purchased people contact me on mql5 or write me email adress on mql5 message to get BONUS  TradingView version. up-down indicator is no repaint and works all pairs and lower than weekly time frames charts. it is suitable also 1 m charts for all pairs. and hold long way to signal. dont gives too many signals. when red histogram cross trigger line that is up signal.and price probably will down when blue histogram cross trigger line t
Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange,   XQ Forex Indicator   empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The
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