Everything about RSI - page 147

 
ropishah #:

here who have this indicator? I've forgotten the name of this indicator.

Has anyone been able to identify these indicators below? I think they are trend scalps and trend triggers, but I don't have the same results

 

Creating a Dynamic Multi-Symbol, Multi-Period Relative Strength Indicator (RSI) Indicator Dashboard in MQL5 

Creating a Dynamic Multi-Symbol, Multi-Period Relative Strength Indicator (RSI) Indicator Dashboard in MQL5

In this article, we will guide you through the process of creating a dynamic multi-symbol, multi-period RSI (Relative Strength Index) indicator dashboard in MetaQuotes Language 5 (MQL5) for MetaTrader 5 (MT5). This comprehensive guide will explore the definition, functionality, and practical applications of a custom RSI dashboard, as well as the steps required to develop it using MetaQuotes Language 5 (MQL5).

Relative Strength Index - Oscillators - Technical Indicators - Price Charts, Technical and Fundamental Analysis - MetaTrader 5 Help
  • www.metatrader5.com
The Relative Strength Index Technical Indicator (RSI) is a price-following oscillator that ranges between 0 and 100. When Wilder introduced the...
 

Automating Trading Strategies in MQL5 (Part 3): The Zone Recovery RSI System for Dynamic Trade Management

Automating Trading Strategies in MQL5 (Part 3): The Zone Recovery RSI System for Dynamic Trade Management

In the previous article (Part 2 of the series), we demonstrated how to transform the Kumo Breakout Strategy into a fully functional Expert Advisor (EA) using MetaQuotes Language 5 (MQL5). In this article (Part 3), we focus on the Zone Recovery RSI System, an advanced strategy designed to manage trades and recover from losses dynamically. This system combines the Relative Strength Index (RSI) to trigger entry signals with a Zone Recovery mechanism that places counter-trades when the market moves against the initial position. The goal is to mitigate drawdowns and improve overall profitability by adapting to market conditions.
Automating Trading Strategies in MQL5 (Part 3): The Zone Recovery RSI System for Dynamic Trade Management
Automating Trading Strategies in MQL5 (Part 3): The Zone Recovery RSI System for Dynamic Trade Management
  • www.mql5.com
In this article, we create a Zone Recovery RSI EA System in MQL5, using RSI signals to trigger trades and a recovery strategy to manage losses. We implement a "ZoneRecovery" class to automate trade entries, recovery logic, and position management. The article concludes with backtesting insights to optimize performance and enhance the EA’s effectiveness.
 

Automating Trading Strategies in MQL5 (Part 5): Developing the Adaptive Crossover RSI Trading Suite Strategy

Automating Trading Strategies in MQL5 (Part 5): Developing the Adaptive Crossover RSI Trading Suite Strategy

In the previous article (Part 4 of the series), we introduced the Multi-Level Zone Recovery System, showcasing how to extend Zone Recovery principles to manage multiple independent trade setups simultaneously in MetaQuotes Language 5 (MQL5). In this article (Part 5), we take a new direction with the Adaptive Crossover RSI Trading Suite Strategy, a comprehensive system designed to identify and act on high-probability trading opportunities. This strategy combines two critical technical analysis tools—Adaptive Moving Average crossovers (14-period and 50-period) as the core signal generator and a 14-period Relative Strength Indicator (RSI) as a filter for confirmation.
Automating Trading Strategies in MQL5 (Part 5): Developing the Adaptive Crossover RSI Trading Suite Strategy
Automating Trading Strategies in MQL5 (Part 5): Developing the Adaptive Crossover RSI Trading Suite Strategy
  • www.mql5.com
In this article, we develop the Adaptive Crossover RSI Trading Suite System, which uses 14- and 50-period moving average crossovers for signals, confirmed by a 14-period RSI filter. The system includes a trading day filter, signal arrows with annotations, and a real-time dashboard for monitoring. This approach ensures precision and adaptability in automated trading.
 

Forum on trading, automated trading systems and testing trading strategies

All About Price Action

Sergey Golubev, 2025.02.18 11:42

Price Action Analysis Toolkit Development (Part 13): RSI Sentinel Tool

Price Action Analysis Toolkit Development (Part 13): RSI Sentinel Tool

In this article, we'll build an MQL5 Expert Advisor that automatically detects RSI divergence signals. The EA will mark these signals with clear arrows on your chart and provide a brief summary so you can quickly see what’s happening. Whether you're a beginner or a seasoned trader, this tool helps you spot trading opportunities that you can validate before executing trades, all without spending hours on manual analysis. Let’s dive in and see how this RSI Divergence EA can simplify your trading process.