FJ Universe rsi macd eye indicator
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Frantisek Juris
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I'm a full-time traveler who previously worked as an automation specialist in the field of software testing and development. I’ve worked with companies like Vodafone, NCR, and Global Payments in Prague, Czech Republic. - Version: 1.30
FJ Universe RSI MACD Eye is a free RSI and MACD indicator for MetaTrader 5 that combines both oscillators in one clean window, adds multi-timeframe RSI and MACD from M1 to D1, marks RSI slope divergence automatically and shows a live info panel with a momentum signal. One indicator replaces three or four separate windows, so you read momentum faster and keep your chart tidy.
Click Download to add it to your MetaTrader 5 for free. It works on every symbol and timeframe: Forex, Gold, indices, crypto CFDs and stocks.
Why traders use it
- RSI and MACD in one window. RSI keeps its true 0 to 100 scale, and the MACD histogram grows from the RSI 50 line, so you see both oscillators at once without losing any values.
- Multi-timeframe view in one click. Turn on Multiple Timeframes to overlay RSI and MACD histograms from M1, M5, M15, H1, H4 and D1 on your current chart.
- Automatic RSI divergence lines. A green line marks the latest bullish divergence and a red line the latest bearish divergence, so you don't have to draw them by hand.
- MACD cross counter. Counts how many times MACD crossed its signal line since it last crossed zero, and highlights the count when it falls in your chosen range.
- Live info panel. RSI value, divergence age, MACD cross count, histogram direction, the momentum signal and a timeframe table, all in a compact panel.
- Light on resources. Higher timeframes are loaded only when you switch them on, and you can turn every part on or off.
What you see on the chart
1. RSI line (orange). Standard RSI with three levels: 50 (middle line), 39.94 (lower zone) and 60.62 (upper zone). In the panel the RSI value turns green in the lower zone and red in the upper zone.
2. MACD histogram (four colours). Dark green: above zero and rising. Light green: above zero and falling. Dark red: below zero and falling. Light red: below zero and rising. When RSI and MACD are both shown, the histogram is scaled around the RSI 50 line, and a MACD value column on the right shows the real MACD values and the current histogram value.
3. MACD line and signal line. Hidden by default to keep the window clean. You can show them in the Colors tab of the indicator settings.
4. RSI slope divergence lines. The indicator compares the linear regression slope of RSI with the slope of price over the RSI length. When RSI rises while price falls, it draws a green bullish line. When RSI falls while price rises, it draws a red bearish line. Only the most recent divergence of each type within the last 150 bars is shown.
5. Info panel (top left).
- RSI: current RSI value.
- BULL DIV / BEAR DIV: how many bars ago the latest divergence ended.
- MACD X: MACD and signal crossings since the last zero line cross, with your min to max range in brackets.
- HIST: histogram direction (UP or DOWN) and its value.
- SIGNAL: BULL MOMENTUM, BEAR MOMENTUM or none (shown when RSI and MACD are both on).
- TF table: RSI value and MACD direction for every timeframe (Multiple Timeframes mode).
How the momentum signal works
The signal is checked on the last closed bar, so it does not change while the current bar is still forming.
- BULL MOMENTUM: bullish RSI slope divergence, the MACD histogram turns from zero or below to above zero, the MACD line is below zero, and the MACD cross count is inside your min to max range.
- BEAR MOMENTUM: bearish RSI slope divergence, the MACD histogram turns from zero or above to below zero, the MACD line is above zero, and the MACD cross count is inside your min to max range.
The signal is an analysis aid, not a trade instruction. Always confirm it with your own analysis and risk management.
Input parameters
FJU EYE INDICATOR
- Display RSI (true): show the RSI line and divergence lines.
- Display MACD (true): show the MACD histogram.
- Display Multiple Timeframes (false): add RSI and MACD from M1, M5, M15, H1, H4 and D1. Switched off automatically in the Strategy Tester.
RSI SETTINGS
- RSI Length (14): RSI period, also used as the divergence lookback. Minimum 2.
MACD SETTINGS
- MACD Fast Length (12): fast EMA period. Must be smaller than the slow length.
- MACD Slow Length (26): slow EMA period.
- MACD Signal Smoothing (9): signal line period.
- MACD X min count (2) and MACD X max count (3): the range of MACD crossings that counts as valid for the cross counter and the momentum signal.
DISPLAY
- Show info table (true): show or hide the panel.
- Info table font size (8): panel font size, 6 to 24.
- MACD bar height around RSI 50 (30): how tall the MACD histogram is drawn when RSI and MACD share the window, 1 to 50 RSI points.
- Show MACD value column (true): show the real MACD values on the right side.
If a setting cannot work (for example MACD Fast larger than MACD Slow), the indicator does not start and writes the reason to the Experts tab, so you always know what to fix.
Quick start
- Click Download and the indicator installs into your MetaTrader 5 automatically.
- In the Navigator, open Indicators, then Market, and drag FJ Universe RSI MACD Eye onto any chart.
- Keep the defaults to start. Turn on Display Multiple Timeframes when you want the higher timeframe picture.
- To compare settings, you can add the indicator to the same chart more than once. Each copy keeps its own lines and panel.
Frequently asked questions
Is the indicator really free?
Yes. It is free on the MQL5 Market with every feature switched on. There are no time limits and no locked functions.
Does it repaint?
RSI and MACD values on closed bars of the current timeframe do not change, and the momentum signal is checked on the last closed bar only. Higher timeframe values in Multiple Timeframes mode update until that higher timeframe bar closes, like any multi-timeframe indicator. Divergence lines move to the latest divergence as new bars arrive.
What makes these RSI levels different from 30 and 70?
The 39.94 and 60.62 levels sit closer to the middle line, so the indicator highlights momentum zones earlier than the classic oversold and overbought levels.
Which markets and timeframes does it support?
Any symbol your broker offers and any chart timeframe in MetaTrader 5.
Does it open trades or send alerts?
No. It is a pure analysis indicator. It does not trade, use DLLs or connect to the internet.
Why is the MACD line not visible?
The MACD line and signal line are hidden by default. Open the indicator settings, go to the Colors tab and choose a colour for MACD Line and Signal.
Can I use it in the Strategy Tester?
Yes. Multiple Timeframes mode switches off in the tester to keep testing fast, and everything else works as on a live chart.
Get it free now
Click Download and see RSI, MACD, divergence and multi-timeframe momentum in one window today. If it helps your trading, a short review on this page helps other traders find it, and every question in the comments gets an answer.
Built by FJ Universe, the team behind the FJ Universe Expert Advisors for MetaTrader 5.
Trading involves risk. This indicator is an analysis tool and does not guarantee any result. Past behaviour of any indicator does not predict future market movement.
