RSI indicator - page 52

BestForexCashBack
3
BestForexCashBack  

Is there any one here to tell me the exact use of 50 line in RSI?!

Orinin
102
Orinin  

Actually the level 50 was not mentioned in the original version of the RSI as it was supposed to indicate OBOS at level 70/30.

However based on my experiences, once the RSI crossed the level 50 from below, it will move within the range of 45 and above for uptrend.

Conversely, If the RSI crossed the level 50 from above, it will move within the range 55 below for down trend.

To understand better, open a chart and see

orinin

Mladen Rakic
181920
Mladen Rakic  

Updated non-repainting colored multi time frame rsi with alerts posted at this post : https://www.mql5.com/en/forum/180648/page427

Files:
rosalieone
193
rosalieone  
mladen:
Updated non-repainting colored multi time frame rsi with alerts posted at this post : https://www.mql5.com/en/forum/180648/page427

Dear Mladen,

Do you think it would be possible to do it with ''RSI on NMA v1.01.mq4'' ?

Best regards

Rosalieone

rosalieone
193
rosalieone  
rosalieone:
Dear Mladen,

Do you think it would be possible to do it with ''RSI on NMA v1.01.mq4'' ?

Best regards

Rosalieone

In the advanced elite of course

Mladen Rakic
181920
Mladen Rakic  
rosalieone:
In the advanced elite of course

rosalieone,

posted it here : https://www.mql5.com/en/forum/179737/page9

ropishah
8
ropishah  

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

gorangel
91
gorangel  

Hi Mladen, sorry to bother you again:

Every time I attach your RSI_2SigMAs_mtf.Mq4 indi , I get this message:

RSI_2SigMAs_mtf + histo EURUSD,Daily: invalid integer number as parameter 2 for 'Indicator call' function.

thanks for your help!

rosalieone
193
rosalieone  
mladen:
rosalieone, posted it here : https://www.mql5.com/en/forum/179737/page9

Thank you !

Mladen Rakic
181920
Mladen Rakic  
gorangel:
Hi Mladen, sorry to bother you again:

Every time I attach your RSI_2SigMAs_mtf.Mq4 indi , I get this message:

RSI_2SigMAs_mtf + histo EURUSD,Daily: invalid integer number as parameter 2 for 'Indicator call' function.

thanks for your help!

Try out this one. They are going to work exactly the same, except that you are not going to get that message any more