RSI is a popular indicator.I find it easier to work with the stochastics , because of the cross of fast and slow.I already had this made today for signals and my eas.
RSI cross is a combination of 5 rsi settings 150,50, 28,14 and 7.Could someone put all 3 on one indicator?Is it possible to include lwma 20 on the indicator. Buy with rsi cross of 7 over 14 &28 + lwma20 .This would eliminate a lot of false signals.
Indicator will read total upto maximum 100+ (opposite for minus short)
Ris7 (m30)cross up = +10
ris14 (m30)cross up=+10
ris28 (m30)cross up = +10
rsi50 (m30)cross up = +10
rsi 150 (m30) cross up = +10
2 candles close positive H1 =+ 10
Bid above lwma20 (m30) = +20
2 candles lows (m30) close above lwma 20 = +20
There a very good indicator made for $50, it uses 10 confirmations for a trading signal. A divergence indicator, trend indicator and range indicator.Better than anything you can buy.
There a professional indicator with few very few faLse signals