Sell at top and Buy at bottom Rsi indicator

[Jaiprakash Goenka]

This is very simple method

Apply RSI with below Moving Average on 5 min or 15 min chart 

Setting:

RSI Period = 1 Color = White

Level = 10, 20, 80, 90.

MA Settings:

1. EMA 5 = Red

2. EMA 8 = Yellow

3. EMA 13 = Green

4. EMA 21 = Blue

5. EMA 200 =White (optional for additional confirmation)

Buy BUY when all EMAs are at level 20-10 of RSI, and turn up. Sell SELL when all EMAs are at level 90 of RSI, and turn down.

Please see attached chart images for detail, how market moved up and crashed after confirmation of RSI chart....

We can insert EMA on RSI in MT5, but I am using Mt4 all my indicators are on mt4, can some one please help me to make this simple indicator on mt4 ???

[Ahmet Metin Yilmaz]

Jaiprakash Goenka:

This is very simple method

Apply RSI with below Moving Average on 5 min or 15 min chart 

Setting:

RSI Period = 1 Color = White

Level = 10, 20, 80, 90.

MA Settings:

1. EMA 5 = Red

2. EMA 8 = Yellow

3. EMA 13 = Green

4. EMA 21 = Blue

5. EMA 200 =White (optional for additional confirmation)

Buy BUY when all EMAs are at level 20-10 of RSI, and turn up. Sell SELL when all EMAs are at level 90 of RSI, and turn down.

Please see attached chart images for detail, how market moved up and crashed after confirmation of RSI chart....

We can insert EMA on RSI in MT5, but I am using Mt4 all my indicators are on mt4, can some one please help me to make this simple indicator on mt4 ???

do you think it is very simple to code this?

so you can do this simple job.

[Jaiprakash Goenka]

Ahmet Metin Yilmaz #:

do you think it is very simple to code this?

so you can do this simple job.

Bro If i was knowing coding why would I post request here....

[Vladimir Karputov]

Jaiprakash Goenka :

It is impossible to place two indicators in one window, which have a measurement scale that is CARDINALLY different! Such behavior is typical self-deception, unfortunately.

[Jaiprakash Goenka]

Vladimir Karputov #:

It is impossible to place two indicators in one window, which have a measurement scale that is CARDINALLY different! Such behavior is typical self-deception, unfortunately.

Thanks for reply, but its working perfectly in mt5

[Ahmet Metin Yilmaz]

Jaiprakash Goenka #:
Bro If i was knowing coding why would I post request here....

Then how do you know it is simple if you doesnt know coding 

[Vladimir Karputov]

Jaiprakash Goenka # :
Thanks for reply, but its working perfectly in mt5

This is a visual error :) . This is very common with newbies.

[Vladimir Karputov]

How to do it: place two lines in one window - the 'RSI' indicator and the 'RSI' indicator smoothed using the 'Moving Average'.

Example code: RSI_MAonRSI_Filling

[Jaiprakash Goenka]

Ahmet Metin Yilmaz #:

Then how do you know it is simple if you doesnt know coding 

Visually it looks simple :)

[Jaiprakash Goenka]

Vladimir Karputov #:

How to do it: place two lines in one window - the 'RSI' indicator and the 'RSI' indicator smoothed using the 'Moving Average'.

Example code: RSI_MAonRSI_Filling

Attached mq4 uses RSI and MA along with BB, we dont need BB, can modify this code and add more ema, hopefully this should work :)

Attached image of RSI with EMA after hiding BB 

[Vladimir Karputov]

Theme moved to MQL4 and MetaTrader 4