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RSI_MA_Trade_Sist - indicator for MetaTrader 4

Iurii Tokman | English Español Português Deutsch Русский 日本語

votes: 18
2016.03.07 11:33

A signal indicator. It is based on the analysis of two moving average indicators and one RSI indicator.

Description of the indicator settings:

  • FastEMA — The averaging period for the indicator calculation — fast Moving Average.
  • SlowEMA — The averaging period for the indicator calculation — slow Moving Average.
  • RSIPeriod — Averaging period for the RSI calculation.
  • shift — index of obtained value from the indicator buffer (shifting back by specified periods relative to the current bar). Recommended value is 1, at 0 there will be a lot of false signals, as the signals will be formed on the current unfinished bar.
  • Alerts — show a dialog box containing user data.
  • Text_BUY — custom user-defined text to display the buy signal.
  • Text_SELL — custom user-defined text to display the sell signal.
  • Send_Mail — sending an email using an address specified on the Email tab of the options window.
  • subject — custom user-defined text to use as the email header.
  • Send_Notification — sends push notifications to the mobile terminals, whose MetaQuotes IDs are specified in the "Notifications" tab.

EURJPY chart, H1, 2016.01.23 07:18 UTC, InstaForex Group, MetaTrader 4, Demo

This indicator was used to create the ea_RSI_MA_Trade_Sist trading robot.

Translated from Russian by MetaQuotes Software Corp.
Original code:


The RSI indicator implemented as a histogram with a designation of the overbought and oversold levels.

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