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RSI Scalper Plus

The RSI Scalper Plus is an indicator based on the RSI oscillator with an algorithm that filters bad signals.

The RSI is basically based on the Overbought and Oversold zones.

The indicator generates BUY & SELL signals with arrows showing when to buy and when to sell. Signals can be set in the input menu :

- An alert window : TRUE to show the alert windows, FALSE to hide it.

- Push Notification : TRUE to send a push notification to mobile phone connected to the MT4, FALSE is default.

- Email Notification : TRUE to send an email when a signal occurs, FALSE is default.


The "RSI Scalper Plus" works best for scalping, the indicator algorithm is enhanced for the timeframe of 1 hour (H1).

Recommended Settings for the indicator :

- Timeframe : H1 (also works with M30).

- Currency Pairs : EURUSD - GBPUSD - NZDUSD - Gold (XAUUSD).


Indicator Inputs :

- RSI Period : The period of the RSI (the default for the indicator is 10).

- Signal arrow spacing : The spacing between the signal arrow and the candle.

- Signal arrow size : The signal arrow size (between 1 and 5).

- Signal alert : TRUE to show the alert window, FALSE to hide it.

- Email alert : TRUE to send email when a signals occurs, FALSE won't send an email.

- Push notification : TRUE to send a push notification to the mobile device, FALSE won't send a notification.

- Buy signal : The arrow color for the BUY Signal.

- Sell signal : The arrow color for the SELL Signal.


For any suggestion, issues, or question. Please, feel free to contact me at : https://www.mql5.com/en/users/amiine90

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The indicator was created for the "Masters of Risk" trading system.  The settings are compared with  volumes in NinjaTrader 8 terminal with CQG datafeed . The settings of EURUSD-6E , GBPUSD-6B , AUDUSD-6A and other currency pairs were compared.  It shows the POC (Point of Control) volume levels for the selected period of time.   Point of Control (POC) are not lines, they are zones.  Which zones are relevant and which are not, is determined by the author's methodology.  The indicator shows Break
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FXC iRSI DivergencE MT4
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FXC iRSI-DivergencE MT4 Indicator This is an advanced RSI indicator that finds trend-turn divergences on the current symbol. The indicator detects divergence between the RSI and the price movements as a strong trend-turn pattern. Main features: Advanced divergence settings Price based on Close, Open or High/Low prices Give Buy/Sell open signals PUSH notifications E-mail sending Pop-up alert Customizeable Information panel Input parameters: RSI Period: The Period size of the RSI indicator. R
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Tiger Ind1
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Md Tajri Islam Suvo
Forget nice looking backtests: The Tiger EA is already ahead of the curve! Let's face the truth: The biggest problem with most of the automated trading systems on the market, is that all of them show very nice backtests, but only a handfull actually perform on live accounts. This is very frustrating when you poured your hard earned money into them. (Not to mention the many EA's in the market, that use manipulated backtest results to sell the product... but that's another story.) The origin of th
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Pair Trading Station MT4
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Young Ho Seo
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
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Version 1.3 2020.07.25
- Improved Signals Algorithm,
- Performance Improvements,
- Panel Design Upgrade (the panel can be moved around the chart, and also minimized).
Version 1.2 2020.02.04
- Added info panel showing current signal, and its profit. The panel and text colors are customizable from the indicator settings window.
- Added panel color and text color inputs in the custom indicator window.
- Fixed the indicator values labels on the data window.
- Improved the indicator performance, so it doesn't slow down the system.
Version 1.1 2020.02.03
- removed the limitation of H1 timeframe only, now the indicator works on all timeframes.
- improved the algorithm of filtering the RSI signals.