RSI Point Up or Down
Hi all,
Im not new to coding, but new to MQL coding, please advise how I would go about coding an indicator to check if RSI is pointing UP or DOWN, I know how to get the RSI level, but not sure about the logic in coding to check if its pointing up or down.
please see where I marked the RSI with the blue arrows ( showing pointer showing Up and Down )
many thanks in advance
If the RSI value for a bar is higher than the RSI value for the previous bar, it is pointing up.
If the RSI value for a bar is higher than the RSI value for the previous bar, it is pointing up.
Thank you Keith I though its that, just wasn't to sure as it sounded too simple if you understand what Im trying to say :-) What would you suggest only going back one previous bar or say 2-3 bars? or will 1 bar back be sufficient?
many thanks again
Thank you Keith I though its that, just wasn't to sure as it sounded too simple if you understand what Im trying to say :-) What would you suggest only going back one previous bar or say 2-3 bars? or will 1 bar back be sufficient?
many thanks again
That's your decision.
That's your decision.
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
You agree to website policy and terms of use
Hi all,
Im not new to coding, but new to MQL coding, please advise how I would go about coding an indicator to check if RSI is pointing UP or DOWN, I know how to get the RSI level, but not sure about the logic in coding to check if its pointing up or down.
please see where I marked the RSI with the blue arrows ( showing pointer showing Up and Down )
many thanks in advance