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RSIBSSignals

FREE

Published: 23 September 2026

Current version: 2.1

RSIBSSignals

Indicators
Shi Yuan Wang
Shi Yuan Wang
China

2759
I write custom indicators, Expert Advisors (EAs), scripts and trading tools
for MetaTrader 4 and MetaTrader 5, and indicators for TradingView (Pine Script).
What I can do for you:
- Convert a clearly described trading rule into a backtestable MQL4/MQL5 EA

1 code 1 topic 1 comment
Version: 2.1

RSI Support Resistance Signals

Platform: MetaTrader 5

RSI Support Resistance Signals adds zone coloring and signal labels to the standard RSI. The indicator does not execute trades.

Signals:

Sell: RSI is in the overbought zone and turns down, or RSI is in the resistance zone and a bearish candle with an upper wick is detected.
Buy: RSI is in the oversold zone and turns up, or RSI is in the support zone and a bullish candle with a lower wick is detected.

Each signal can show a user-defined English text label, such as Overbought, Oversold, Resistance, or Support. The label is a visual category only.

Filters:
Optional filters include candle close confirmation, RSI turn confirmation, wick rejection, strong body, minimum ATR as percentage of price, minimum bars between same-type signals, and zone de-duplication. Each filter can be enabled or disabled.

Chart and alerts:
In the subwindow, the RSI line changes color by zone and five horizontal levels are drawn. On the price chart, sell arrows and text are plotted above bars, and buy arrows and text are plotted below bars. Arrow and text distance is based on ATR. Objects are created only for the selected recent bars and are removed automatically. Objects are not created during backtesting or optimization.
Popup and push notifications are supported. Alerts are triggered only on the latest two bars. Historical signals are not sent when the indicator is loaded. The same signal type on the same bar is alerted once.

Inputs:
RSI Length 14; RSI Applied Price Close; Wait for candle close true.
Overbought Level 79.90; Resistance Level 59.90; Support Level 39.90; Oversold Level 19.90.
Average Body Lookback 20; Strong Candle Multiplier 1.2.
Require RSI to turn true; Require wick rejection candle true; Wick/Body ratio 0.5; Min bars between same-type signals 3.
Skip signals in very low volatility true; Min ATR as % of price 0.05.
Arrow gap from High/Low 0.40; Label text gap from arrow 0.80; Max recent bars to draw objects 2000.
Popup alert on signal false; Push notification on signal false.
Colors are user-defined.

Buy and sell signals are written to indicator buffers for Expert Advisors via iCustom. Bars without a signal contain empty values.

Usage:
This indicator is a technical analysis tool. It identifies RSI and price patterns by a defined algorithm and displays signals. It does not provide investment advice and does not guarantee trading results. Use it with independent analysis, key price levels, and risk management.

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High Time Candlestick Chart Visualize the current higher-timeframe candle directly on your lower-timeframe chart. This indicator projects the OHLC data of a selected higher timeframe (M15, H1, H4, D1, or W1) onto your current chart as a graphical candlestick, offset to the right of the live price area. It helps you keep the bigger-picture candle structure in view without switching timeframes. Features Graphical HTF candle : Body, upper wick, and lower wick drawn as chart objects, colored by bu

Intraday Spark Chart Overview Intraday Spark Chart is an MT5 indicator for intraday analysis. It converts the current price change of a symbol into a percentage of the daily opening price and plots the result in a separate subwindow. Every trading day starts again from the zero line, so each day is drawn as a separate segment and the intraday move of the current day can be observed directly. The indicator is a data visualization tool. It does not generate trading signals and does not provide inv

Dual Period Filter — Adaptive Coppock Curve for MT5 Overview The Coppock Curve is built from the sum of a long and a short rate of change, smoothed afterwards, and is used to observe the direction and strength of medium-term momentum. This indicator extends the classic calculation in two ways. First, the price source passes through an optional adaptive filter before the momentum is calculated. Nine filter types are available: None, SMA, EMA, RMA, Double WMA, Triple VWMA, HMA, LLAMA and Kalman.

EF Percentage Channel A trend-state indicator that combines volatility-adaptive averaging, an Ehlers nonlinear filter, and statistical percentile bands into a single, self-adjusting channel. Overview The indicator builds an adaptive trend baseline on the chart and wraps it with statistical percentile bands. When price moves above the upper band, the market is flagged as bullish; below the lower band, bearish; inside the channel, the previous state is retained. The trend line, channel bands, cand

MACandleApprox — Moving-Average Approximate Candle Indicator MACandleApprox is a custom indicator that, on the main price chart, applies a selected type of moving average to the open, high, low, and close price series respectively, and replots them as "approximate candles". It does not modify the original candlesticks; instead, it overlays a smoothed candle view based on moving averages, helping traders observe the smoothed price movement and directional changes more intuitively. The indicator s

Adaptive MACD - R² Based Adaptive MACD Indicator Overview Adaptive MACD is an innovative MetaTrader 5 indicator that improves upon the traditional MACD. By introducing the Pearson correlation coefficient to calculate the R² value of price trends, this indicator can adapt to market conditions and dynamically adjust its sensitivity. It helps traders capture trends more effectively while filtering out market noise. How It Works Traditional MACD uses a fixed difference between fast and slow EMAs. Ad

# MASignalPanel — Multi-MA Signal Panel with Trend Filter ## Overview MASignalPanel is an all-in-one moving-average signal indicator designed for MetaTrader 5. It combines up to three moving averages (SMA, EMA, SMMA, LWMA) with four trade signal modes — Cross, Breakout, Pullback and Channel — and adds a higher-timeframe trend filter line (default EMA240) to keep you on the right side of the market. A fully interactive control panel lets you change MA type, MA count, periods, s MA indicator, movi

ZigZag Trader EA - Intelligent ZigZag Trading Assistant Introduction ZigZag Trader EA is a fully automated trading assistant based on the ZigZag indicator. It intelligently identifies previous highs and lows of the ZigZag indicator, combined with an advanced risk management system, to provide you with precise trading signals and automated trade execution. Whether you are a novice or experienced trader, ZigZag Trader EA can help you simplify trading decisions and achieve stable trading performa

30 USD

Fibonacci Confluence Suite Short description Fibonacci Confluence Suite is a chart-window indicator for MetaTrader 5. It builds a Fibonacci grid from confirmed swing highs and lows, marks the levels where projections from earlier swings overlap, and adds a Golden Pocket zone, Fibonacci time zones, touch statistics and a compact status panel. All levels are calculated from closed bars only. Overview Drawing retracement levels by hand usually means three separate steps: finding the swing, pulling

30 USD

MACandleApproxPro — Advanced MA Candle Reconstruction & Multi-Dimensional Market Structure Indicator Overview MACandleApproxPro is a comprehensive technical analysis tool designed for professional traders. It breaks through the limitations of traditional moving averages by reconstructing MA data into "MA Candles" through complex algorithms. This unique visualization filters out market noise, allowing you to examine price trends, momentum shifts, and critical market structures from a more

30 USD

SweepReversalMap — Liquidity Sweep Reversal Zone Mapper Overview SweepReversalMap is a price-action-based custom indicator that detects "Liquidity Sweep" events and maps potential reversal zones once price reclaims the swept level. It works on any symbol and timeframe. Core Logic Pivot Detection : Identifies the most recent valid swing high/low based on user-defined Swing Length. Sweep Trigger : When price penetrates the swing high (or low) by at least the ATR-filtered minimum penetration thres

30 USD

JK-Taurus Expert Advisor EMA Trend & SAR Confirmation Grid Trading System Overview JK-Taurus is a fully automated trading system designed for the MetaTrader 5 platform. It combines multi-period EMA trend analysis, Parabolic SAR signal confirmation, and a dynamic grid adding strategy to capture sustained profits in trending markets. A built-in visual panel provides real-time account monitoring and manual control. Key Features Trend Filtering : Uses three EMAs (240, 680, 1100) to determine the mai

100 USD

SR Power Channel — Support & Resistance Power Channel Indicator Overview SR Power Channel is a main-chart visual indicator built on price extremes and ATR. It locates the highest high (resistance) and the lowest low (support) within a configurable lookback window, extends those two levels to the right, and wraps them into ATR-based channel bands. The indicator also counts bullish and bearish bars inside the window and marks the moments when price breaks above or below the channel bands with dia

30 USD

Adaptive filtering trend Overview Adaptive filtering trend is a multi-layer signal filtering indicator for the MetaTrader 5 platform, built on the Coppock curve. The indicator computes a long-period and a short-period Rate of Change (ROC) of the price, sums them, and smooths the sum with a Weighted Moving Average (WMA) to obtain the Coppock curve. A set of independently switchable filters is then applied to screen the signals, and bullish or bearish crossings are marked on the main chart throug

30 USD

RSI Cloud — RSI Dual Moving Average Cloud Indicator This indicator calculates RSI in a separate window, applies fast and slow moving averages to the RSI values, and displays the relative position of the two averages as a filling cloud. It also provides an optional raw RSI line, fixed 70/50/30 reference levels, and arrow markers when the fast and slow RSI averages cross. The indicator is for analysis and signal filtering only; it does not place trades. How it works Wilder RSI is calculated from

30 USD

JK-Top Hedge — Two-Sided Hedged Grid EA for MetaTrader 5 Overview JK-Top Hedge is an Expert Advisor for MetaTrader 5. It places a Buy Stop above the current price and a Sell Stop below it at the same time, building two grid lines on either side of the market. When one pending order is filled, the EA places the next one further away, and the cycle repeats. Because long and short positions exist at the same time, a floating loss on one side can partly be offset by the other. The EA closes or reduc

150 USD

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Shi Yuan Wang