• Overview
  • Reviews (5)
  • Comments (3)

First RSI level

First RSI level indicator analyzes and displays the level, at which the first crossing of the standard RSI maximum or minimum value took place for the subsequent definition of strong trends.

The indicator allows you to track the beginning of a trend that does not follow the signals of the standard RSI trading strategy, for example, when the price rushes downwards after reaching an oversold level instead of reversing. In this case, we have to conclude that a strong trend is underway and the next entry point in its direction is marked by an arrow, audio alert and/or push notification. The same happens in case the price rushes upwards past an overbought level. If you need a standard RSI with an audio alert and notifications, have a look at RSI Alerts.

If you want to enable push notifications, set Send Notification = true. You should also properly configure your MetaQuotes ID in the terminal settings (how to do it).


Parameters

  • RSI Period - RSI period.
  • RSI maximum level - RSI maximum level (overbought level), default is 70.
  • RSI minimum level - RSI minimum level (oversold level), default is 30.
  • Alert - enable audio alerts.
  • Send Notification - send push notifications to the mobile terminal.
  • Shift 0-curren bar, 1-first bar - RSI shift: 0 - take the data from the current candle, 1 - take the data from the first candle.
  • Width arrows - arrows and level lines size (1-5).
  • Buy color - buy arrows and levels color.
  • Sell color - sell arrows and levels color.
  • Comments - on-screen tips.


Indicator buffers

  • 0 - buy arrows.
  • 1 - sell arrows.
  • 3 - last RSI buy signal level.
  • 4 - last RSI sell signal level.
Reviews 5
Wajid Khan
20
Wajid Khan 2021.04.11 21:49 
 

Nice indicator

nakayui818
350
nakayui818 2019.01.30 16:38 
 

good job!very nice indicator

Andrey Sorokin
6055
Andrey Sorokin 2018.06.21 08:05 
 

An interesting idea and its implementation.

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ScorpionFX
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When using CCI (Commodity Channel Index) oscillator, the waiting time till the next signal can be long enough depending on a timeframe. CCI Alerts indicator prevents you from missing the indicator signals. It is a good alternative for the standard CCI indicator. Once there appears a CCI signal on the required level, the indicator will notify you with a sound or push, so you will never miss an entry. This is especially significant if you follow the indicator in different timeframes and currency p
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The Extremum catcher MT5 indicator analyzes the price action after breaking the local Highs and Lows and generates price reversal signals with the ability to plot the Price Channel. If you need the version for MetaTrader 4, see Extremum catcher . The indicator takes the High and Low of the price over the specified period - 24 bars by default (can be changed). Then, if on the previous candle, the price broke the High or Low level and the new candle opened higher than the extremums, then a signal
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DeMarker Alerts MT5
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Yurij Izyumov
You can avoid constant monitoring of computer screen waiting for the DeMarker signal while receiving push notifications to a mobile terminal or a sound alert on the screen about all required events, by using this indicator - DeMarker Alerts. In fact, it is the replacement of the standard indicator with which you will never miss the oscillator signals. If you don't know the benefits of DeMarker or how to use it, please read here . If you need signals of a more popular RSI indicator, use RSI Alert
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Filter:
Wajid Khan
20
Wajid Khan 2021.04.11 21:49 
 

Nice indicator

gnanos123
144
gnanos123 2020.09.08 17:10 
 

User didn't leave any comment to the rating

nakayui818
350
nakayui818 2019.01.30 16:38 
 

good job!very nice indicator

Andrey Sorokin
6055
Andrey Sorokin 2018.06.21 08:05 
 

An interesting idea and its implementation.

Tim Eubanks
5562
Tim Eubanks 2018.03.22 12:25 
 

Signals do not make any sense!

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