StochRSI and ADX
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I use the StochRSI (5,3,3) and ADX (10) across M30, 1Hr, 4Hr periods as the only 2 indicators with good success. StochRSI must cross its signal-line upward and +DI must slope upward for a long trade. Conditions must be reverse for a short trade.
I believe a slightly more accurate way would be to have 2 lines - 1) depicting the difference between the StochRSI and its signal; 2) depicting the difference between the +DI and -DI.
Wondering if someone can help me code this in the respective mq4 files (attached) and also include an alert in the StochRSI indicator when the Stoch RSI crosses the signal line.
Thanks