• Overview
  • Reviews (1)
  • Comments (7)
  • What's new

RP 21 Indicator

The indicator finds entry and exit points based on a few combination of things.

If an entry is detected, the indicator shows and Arrow, either pointing down for Short and up for Long positions.

When a exit is detected, the indicator will display a Cross at the right point.

The Indicator bases its entries on:

  1. Average Volumes Calculation
  2. Parabolic SAR
  3. Relative Strength Index
  4. Relative Vigor Index
  5. Candles Size Range

And the exits on:

  1. Stochastic Oscillator
  2. Price Direction

I welcome anyone that wants to contribute, do not hesitate to contact me, I can modify the Indicator and will give you update for free.

2017.05.31 05:24 

Very good indicator to use as signals in a trending system!

Version 1.2 - 2016.03.25

- Fixed bug that prevented the Indicator to work on Timeframes lower than H1.