Forex indicator ChainPriceRSI is based on the RSI and MA indicators.
Chain Price RSI is an indicator of Trend Lines Arrow with direction to open orders.
hi, it looks great, is that possible to convert that to EA ?
Of course you can convert the formula into the EA.
But you have to filter out some false signals.
Then you have to use iMAOnArray, rather than using SmoothedMAOnBuffer or SimpleMAOnBuffer. (# include <MovingAverages.mqh>)
This indicator takes a long time to load over 2 mins
it takes the same time when changing time frames
Thanks for sharing this idea.
how would you determine the time frame that your decision will be base ?
for example,i see a blue arrow on mark 38 in the 1hour chart and white arrow on mark 38 or 15min chart and blue arrow slightly
above mark 38 on 5min chart.in this case ,what decision should be taken?