CustomRsi50 Alert and Mail at cross

  • Indicators
  • Francesco Capurso
    Francesco Capurso

    Francesco Capurso

    4.5 (2)
    About Me
    Hello! My name is Francesco Capurso, and I am a passionate developer who has recently discovered the fascinating world of MQL5. Combining my love for trading with my technical skills, I have embarked on a journey to develop a series of custom Expert Advisors (EAs) and indicators.
    2 products 3 topics 5 comments
  • Version: 1.5
  • Updated: 11 September 2024
  • Activations: 20

Description

The CustomRSI50 Alert and Mail at Cross is an advanced technical indicator based on the popular Relative Strength Index (RSI), designed to simplify automated trading with immediate notifications via alerts and emails when the RSI level crosses the 50 threshold. The indicator provides a clear and customizable visualization of the RSI, with a particular emphasis on the critical 50 level for many traders in momentum analysis.

Main Features

  • Sending alerts and email notifications at the 50 level crossover
  • Configurable RSI period
  • Highlighted reference level of 50
  • Customizable applied price type
  • Display in a separate window
  • Fixed scale from 0 to 100 for easy interpretation

Customizable Parameters

  • RSI_Period: Allows setting the period for RSI calculation (default: 14)
  • applied_price: Allows selecting the price type to use for calculation (default: closing price)
  • EnableAlert: Enables or disables sound alerts
  • EnableEmail: Enables or disables sending email notifications
  • LookBackCandles: Number of candles to consider for crossovers (default: 5)

How to Use CustomRSI50 Alert and Mail at Cross (Setup and Configuration)

  1. Apply the indicator to any chart in your MetaTrader 5.
  2. Customize the RSI period and price type according to your preferences.
  3. Configure the alert and email notification parameters to receive real-time alerts on crossovers.
  4. Adjust the number of candles to determine the reference period for recent crossovers (LookBackCandles).
  5. Observe the movement of the RSI in relation to the 50 level:
    • Values above 50 indicate bullish momentum.
    • Values below 50 indicate bearish momentum.

What to Watch For (Signal Interpretation and Higher Cycles)

The indicator provides signals based on the RSI crossing the 50 level. Here’s how to use it for reliable signals:

  • Entry Signal: When the RSI crosses the 50 level at candle close, you can enter with a risk/reward ratio of 1:1.5, which can be extended if needed.
  • Higher Cycle: An important additional confirmation can be obtained by observing the behavior of the RSI on higher timeframes. For example, if on a higher timeframe (H4 or H8) the RSI is above 50, it is preferable to only look for long signals on smaller timeframes like H1 or M15.

Cyclical Table to Confirm Signals with Higher Cycle

Operational Timeframe Confirmation Timeframe Action Strategy
M5 H1 Look for long signals on M5 only if the RSI on H1 is above 50; short signals if it is below 50
M15 H4 Look for long signals on M15 only if the RSI on H4 is above 50; short signals if it is below 50
H1 H8 Look for long signals on H1 only if the RSI on H8 is above 50; short signals if it is below 50
H4 Daily Look for long signals on H4 only if the RSI on Daily is above 50; short signals if it is below 50

Support and Troubleshooting

If you experience malfunctions or issues with the indicator, we invite users to contact us providing the error code displayed in the MetaTrader terminal. This will allow us to provide targeted and quicker assistance. Without the error code, troubleshooting may take longer.

Advantages

  • Immediate notifications via alerts and emails at the RSI crossover
  • Clear visualization of market momentum
  • Easy identification of trend changes around the 50 level
  • Customization to fit various trading strategies
  • Time-saving and automatic monitoring of RSI signals without constantly watching the chart
  • Ability to integrate higher cycle analysis for more reliable signals

CustomRSI50 Alert and Mail at Cross is the ideal tool for traders looking to receive immediate and accurate trading signals based on the RSI, improving operational efficiency and saving valuable time. By integrating higher cycle monitoring, this indicator becomes a powerful ally for obtaining reliable signals in any timeframe.

Email Configuration Guide for MetaTrader 5

1. Preparing Your Google Account

  1. Log in to your Google account: https://myaccount.google.com/
  2. Go to the "Security" section
  3. Ensure that "Two-Step Verification" is enabled
  4. Search for "App Passwords" and select it
  5. In the "Select app" section, choose "Other (Custom name)"
  6. Enter a name like "MetaTrader 5"
  7. Click "Generate"
  8. Copy the generated 16-character password. Do not close this window until you have completed the configuration in MetaTrader

2. Configuration in MetaTrader 5

  1. Open MetaTrader 5
  2. Go to "Tools" > "Options"
  3. Select the "Email" tab
  4. Check the "Enable" box
  5. Fill in the fields as follows:
    • SMTP Server: smtp.gmail.com:465
    • SMTP Login: [your full Gmail address]
    • Password: [paste the generated app password here]
    • From: [your Gmail address]
    • To: [the email address where you want to receive notifications]
  6. Click "Test" to send a test email
  7. If you receive the test email, click "OK" to save the settings

3. Configuring Permissions for Expert Advisors

  1. In MetaTrader 5, go to "Tools" > "Options"
  2. Select the "Expert Advisors" tab
  3. Make sure "Allow automated trading" is checked
  4. Click "OK" to save

Email Setup in MetaTrader 5 (Example with Gmail)

To receive email notifications, you need to correctly configure the email settings in MetaTrader 5. Below is a step-by-step guide with an example for Gmail:

  1. Open MetaTrader 5 and go to Tools > Options.
  2. Select the Email tab.
  3. Fill in the required fields to configure email sending via Gmail:
    • SMTP Server: smtp.gmail.com:465
    • Login: Your Gmail email address (e.g., youremail@gmail.com)
    • Password: The password for your Gmail account. Make sure to enable access for "less secure apps" in your Google account, or use an app-specific password if you have two-factor authentication enabled.
    • From: Your Gmail email address (e.g., youremail@gmail.com)
    • To: Your email address or another account where you want to receive notifications (e.g., youremail@gmail.com or another).
  4. Click Test to verify the configuration. If the configuration is correct, you will see a confirmation message and receive a test email.
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Apex Patterns PRO Buy Indicator - Get Expert Advisor Based on it for FREE. Self-Optimizing Chart Pattern & Breakout Intelligence Traditional pattern scanners rely on fixed inputs, often underperforming when market volatility and structures shift. Apex Patterns PRO is designed to adapt to changing market conditions by combining structural chart pattern recognition, momentum filtering, and statistical self-optimization into one analytical framework. Adaptive Scanning Engine Self-Optimizing Patter
Gold Trend Coach MT5
Cristhian Alexander Gaibor Cuasquer
5 (2)
Indicators
Gold Trend Coach is a gold (XAUUSD) trend indicator for MetaTrader 5 with buy and sell signals, stop loss and three take profit targets, confirmed on bar close, a multi-timeframe coach dashboard and alerts to your phone and Telegram. Built for M5 scalping and M15 intraday during the London and New York sessions. Gold Trend Coach: XAUUSD gold trend signals with entry, stop and three targets. Launch price $39 for the first 20 copies, next price $59. Write me after purchase and your buyer kit is o
Neuro Poseidon MT5
Daria Rezueva
4.75 (52)
Indicators
Neuro Poseidon is a new indicator by Daria Rezueva. It combines precise trading signals with adaptive TP/SL levels - creating best possible trades as a result! Message me and get  Neuro Poseidon Assistant  as a gift to automize your trading process! What makes it stand out? 1. Proven profitability on all assets and timeframes 2. Only confirmed BUY and SELL signals present on the chart 3. Adaptive TP & SL levels generated by the software for each trade 4. Easy to understand - suitable for al
Trend Catcher ind mt5
Ramil Minniakhmetov
5 (18)
Indicators
TREND CATCHER INDICATOR Trend Catcher Indicator analyzes market price movements, using a combination of the author’s proprietary and customized adaptive trend-analysis indicators.  It identifies the true market direction by filtering out short-term noise and focusing on underlying momentum strength, volatility expansion, and price structure behavior.  It also uses a combination of smoothing and trend-filtering customized indicators such as moving averages, RSI, and volatility filters.   Real ope
Unix Scalper
Issam Kassas
4 (4)
Indicators
Unix Scalper — MetaTrader 5 Message me on MQL5 after purchase to receive Smart Universal Expert Advisor for FREE, plus the online course, PDF manual, and private group access. Find the setup. See the plan. Choose how to trade it. UNIX Scalper brings market analysis, BUY/SELL/WAIT decisions and Entry, Stop Loss, TP1 and TP2 levels into one organized panel. SEE THE SIGNAL AND THE PLAN • Clear decisions: BUY, SELL or WAIT. • Defined levels: Entry, Stop Loss, TP1 and TP2. • Multi-timeframe overvie
Advanced Supply Demand MT5
Bernhard Schweigert
4.53 (15)
Indicators
Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the potential of Advanced Supply
FX Trend MT5 NG
Daniel Stein
5 (6)
Indicators
FX Trend NG: The Next Generation Multi-Market Trend Intelligence Overview FX Trend NG is a professional multi-timeframe trend and market monitoring tool designed to give you a complete structural overview of the market in seconds. Instead of switching between dozens of charts, you instantly see which symbols are trending, where momentum is fading, and where strong alignment exists across timeframes. This tool is part of the Stein Investments ecosystem - 18+ tools plus Max, your 1-on-1 AI tradi
Quantum Breakout Indicator PRO MT5
Bogdan Ion Puscasu
5 (7)
Indicators
Introducing   Quantum Breakout PRO , the groundbreaking MQL5 Indicator that's transforming the way you trade Breakout Zones! Developed by a team of experienced traders with trading experience of over 13 years,   Quantum Breakout PRO   is designed to propel your trading journey to new heights with its innovative and dynamic breakout zone strategy. Quantum Breakout Indicator will give you signal arrows on breakout zones with 5 profit target zones and stop loss suggestion based on the breakout b
Scalper Vault MT5
Oleg Rodin
5 (1)
Indicators
Scalper Vault is a powerful, fully-equipped trading system designed for traders who want to achieve consistency in intraday trading . This high-precision indicator serves as a complete, standalone trading system that delivers institutional-grade analysis for both Forex and Binary Options traders. PLEASE CONTACT ME AFTER PURCHASE TO GET MY TRADING TIPS PLUS A GREAT BONUS! By eliminating the guesswork and complex manual analysis, Scalper Vault allows you to focus purely on execution using easy to
Volatility Master MT5
INTRAQUOTES
5 (2)
Indicators
Volatility Master for MetaTrader is a real-time dashboard tool that scans up to  50 symbols  to identify high-volatility , trending markets instantly. With bullish/bearish signals, customizable alerts, and a user-friendly interface, it helps you avoid range-bound conditions and focus on high-probability trades. Clarity leads to confidence. Trade confidently and protect your capital effectively with this powerful dashboard. We don't offer free or bonus indicators in exchange of reviews from you.
Smart Price Action Concepts MT5
Issam Kassas
4.36 (22)
Indicators
Smart Price Action Concepts — MetaTrader 5 Message me on MQL5 after purchase to receive Smart Universal Expert Advisor for FREE, plus the online course, PDF manual, and private group access. See the structure. Identify the zones. Build your trading plan. Bring Smart Money Concepts (SMC), ICT-style analysis and price action together in one organized chart. Identify market structure, order blocks, liquidity reference levels and imbalances, then choose which elements to display through the Smart Pa
SR Liquidity MT5
Oleg Rodin
5 (2)
Indicators
SR Liquidity   is a trading indicator designed to reveal the hidden zones where market liquidity concentrates and price reacts most strongly. These special liquidity areas act as powerful support and resistance levels, giving you a clear map of where the market is most likely to reverse. Instead of drawing ordinary Support/Resistance lines, SR Liquidity analyzes real price behavior to detect the zones where buying and selling pressure accumulate. These are actually the pools of liquidity that dr
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CustomRsi50
Francesco Capurso
4.5 (2)
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CustomRSI50 - Customized RSI Indicator with Level 50 Description CustomRSI50 is a customized technical indicator based on the popular Relative Strength Index (RSI). This indicator provides a clear and customizable view of the RSI, with a special emphasis on the 50 level, which is crucial for many traders in momentum analysis. Main Features Configurable RSI period Highlighted 50 reference level Customizable applied price type Displayed in a separate window Fixed scale from 0 to 100 for easy inter
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