You can try out this one : https://www.mql5.com/en/forum/general
hi mrtools and mladen is there any indicator with name stock trend index
STI, ( Stock Trend Index ) is a complex algorithm designed to find the possible reversal point of the Particular Stock. In other words STI Targets the Reversal point for the stocks. Finding reversal or overbought oversold region in the STI is not easy and not risk free too. But it gives you a better indication for staying away from the stocks by generating the overbought and oversold signals. The STI Signals are divided into 3 Parts The Buying Range STI Value < 10 ( Buy this stock ) STI Value < 5 ( Very safe to buy ) STI Value 90 ( Sell this stock ) STI Value > 95 ( Very safe to Sell ) STI Value > 97 ( Extremely good opportunity to Sell ) -
As far as I see that is simply just a variation of stochastic indicator
Would you please add arrows and alerts when the 50 line is crossed.
If possible add email also.
TraderWill, added the arrows and alerts to a version I have it's the same but IMHO much better code wise.
Thanks Mrtools, However your version is not crossing the 50 line at the same place.
What mrtools posted is a pre-filtered version
This is a version that does not use pre-filtering (and which gives exactly the same results) : rsx_alerts__arrows_1.mq4
help me please give arrow for this indicator
Even though it is a decomplied code, since I see that it is using "absolutely no lag lwma". better to avoid it ("absolutely no lag lwma" was vreated by me as a joke, see this post for more explanation : https://www.mql5.com/en/forum/general )
Hello Dear Mladen and Bill.
Thank you that opened the advanced section for all. Hopefully this will not bring you any inconvenience.
I'm looking for indicator, which simply will turn the price on the chart. Maybe you know something like that