Market / MetaTrader 4 / Indicators /

Rsi Ma Bands

30 USD

Demo downloaded: 145

Published: 14 January 2019

Current version: 1.10

Rsi Ma Bands

Indicators
Philip Pankaj Suthagar
Philip Pankaj Suthagar
India

6676
4.1 (49)
14 products 1 code 5 topics 11 comments
Version: 1.10
Updated: 1 April 2019
Activations: 5

"It's not about how much you do, but how much love you put into what you do that counts." - Mother Teresa

This Indicator is build on value of Relative Strength Index and Moving average of relative strength Index.

We have calculated bands with respect to Moving average of Relative strength Index.

Trading strategy: https://www.mql5.com/en/blogs/post/725691

Why use Rsi Ma Bands?

Great for novice traders as well as experienced traders.
Low risk entries.
Doesn't repaints.
No additional Indicator is needed.
Its a trading strategy itself.
It is perfect for scalping trend reversal trades.
Simple and easy to use.
Works in both trending and non trending markets.
Popup Alerts, Push Notification and Email alerts.
Can be integrated in Expert Advisors.

Trade conditions:

BUY CONDITION:

*last rsi value is below lower band B.

*takeprofit when rsi touches middle band.

*stoploss when rsi touches lower band C.

SELL CONDITION:

*last rsi value is above upper band B.

*takeprofit when rsi touches middle band.

*stoploss when rsi touches upper band C.

Alerts:

*Alerts pop up when rsi reaches any of the bands with pip sensitivity parameter.

Advantage:

*Non Repaint Indicator.

*We can find dynamic trend reversals of rsi.

*We can predict next candle close.

*We can predict bullish/bearish divergence.

*All external parameters are given for customization of users. i.e)check screenshot for details.

*Dynamic Oversold and OverBought region.

more...

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EURUSD DECODER EA is a fully automated mid-term, medium-risk expert advisor. Adaptive price pattern analysis is used to identify potential trade entries and exit. The EA does not use any unfair money management practices like grid and martingale. Each position includes a stop loss and all open positions are monitored by an advanced loss control algorithm, which decides when to close profit and when to accept loss. Before you buy all of my product please be aware of the risks involved: 1) Pl

69 USD

The Knowledge of which Geometry aims is the knowledge of the Eternal - Plato Quant Stress Scanner is a Scientifically developed Stress detection algorithm along the geometrical lines on the price data which are quantified into Stress repulsion, fractures and clusters in a easily understandable signal form. Each signal are displayed in well-arranged with currency pairs in row-wise and timeframes in column-wise manner. Explanation of signal and plotting stress levels with trendlines are shown in

69 USD

Inspired from, Time is the most important factor in determining market movements and by studying past price records you will be able to prove to yourself history does repeat and by knowing the past you can tell the future. There is a definite relation between price and time. -William Delbert Gann Caution: It's not HolyGrail System, It's a tool to give you insight of current market structure. The decision to trade is made only with combination of economical understanding of underlying instru

39 USD

Owl Craft Pro is a powerful scalping strategy that employs a smart entry and exit algorithm as well as sophisticated filtering algorithms to discover just the safest entry points during market calms. This approach is designed to provide long-term, consistent growth. It is a professional tool that incorporates all of the latest trading advancements. There's nothing fancy about this, no Holy Grail testing, no "risk-free martingale," just a rigid rule-based method to trading that allows you to maxi

299 USD

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Rsi Ma Bands

Philip Pankaj Suthagar

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