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RSI Entry Points MT5

50 USD

Demo downloaded: 128

Published: 31 May 2021

Current version: 1.3

RSI Entry Points MT5

Indicators
Davit Beridze
Version: 1.3
Updated: 8 July 2021
Activations: 10

RSI Entry Points is the upgrade of the standard RSI indicator to avoid lagging. Indicator draws the clouds and the arrows to have clear picture where price is and what to wait for. Why standard RSI is lagging? because mostly we do not use it correctly and it is with very weak visual flexibility, less informativity. With my current upgrade I tried to Fix both problems same time and I got much better results and more exact entries than standard RSI has. To make yourself sure check out the screens and the video of the backtest of indicator entries with EA built based on it. (EA is not for sale).

Indicator shows clouds up and down for detecting full zone of the market one side movement, at the end of each cloud indicator shows Entry Arrows. The end of the cloud is the end of the trending phase and showing neutral phase where is much more chanse to enter market in time and catch new full wave. So this have 2 positive sides: 1) We avoid entering too early wich is the reason of false entries and we get Draw downs (the definition of lagging). and 2) We catch full movement because the Entry is the Exit of previous possition, what means we caught it fully! To understand more clearly check the screens, watch the video and use it live :)

Default Settings after upgrade are for USD/CHF H4 Chart!

RSI Entry Points contain next parameters built in:

rsiPeriod: standard period of the rsi indicator.

rsiPrice: close price is used as default.

rsiSellProof: level wich is needed to cross first from down to up wich is proof for Sell red Arrows.

rsiSellCross: level wich is needed to cross after the proof from up to down for Sell arrow confirmation.

rsiBuyCross: level wich is needed to cross after the proof from down to up for Buy arrow confirmation.

rsiBuyProof: level wich is needed to cross first from up to down wich is proof for Buy green Arrows.

feel free to ask questions in comments section or PM. Good Luck.

more...

352

DownTheRabbitHole 2022.08.05 05:13 #

I used the RSI Entry Points indicator in conjunction with a Support and Resistant, and trend following indicator I normally use, I ran a total of 62 tests within a 36 hour period at a hit rate of over 67%. The profitability was astounding to say the least... I only used 3 currency pairs with a 4HR time frame and only traded within the pairs "current" trend.... I have many indicators, (no EAs) and I have to say with all sincerity this is an easy to read, accurate RSI, combined with your regular use I believe would be profitable for any full time trader. -(with experience) Happy Trading, DTRH

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In case you get Laguerre S crat indicator, you will get Laguerre Scrat Ea as a Gift. To get Ea and det a iled m anu al PDF contact me PM. Default settings are for usd/cad H4 For St able Long term Profits Laguerre Scrat is a trading system based on 4 indicator combinations in the shape of one indicator. Laguerre indicator (upgraded), CCI, Bollinger bands and market volatility factor. It generates arrows in the indicator window and nuts on the price chart, doubling arrows for a better view where

50 USD

Check my paid tools they work great and I share Ea's based on them for free please r ate The Dual Timeframe RSI (Relative Strength Index) indicator is a novel trading tool that allows traders to monitor RSI readings from two different timeframes on a single chart. This dual perspective enables traders to identify potential trend confirmations and divergences more effectively. For instance, a trader might use a 1-hour RSI alongside a daily RSI to ensure that short-term trades align with the bro

FREE

Indicator shows buy/sell arrows depending on volatility factor. Indicator does not repaint! It works on any pair and any timeframe. It is well tested through strategy builders and shows quite interesting results as a good filter indicator and as independent signaler as well (check the screenshots). It is possible to search for a lot of interesting parameters for profitable trading, some of which are shown on the screenshots. There are next inputs in indicator settings: N-volatility period; Level

40 USD

RSI Entry Points is the upgrade of the standard RSI indicator to avoid lagging. Indicator draws the clouds and the arrows to have clear picture where price is and what to wait for. Why standard RSI is lagging? because mostly we do not use it correctly and it is with very weak visual flexibility, less informative. With my current upgrade I tried to Fix both problems same time and I got much better results and more exact entries than standard RSI has. I Made RSI line Dynamic, it gets more flexible

50 USD

This EA is Created just for RSI Entry points Indicator ( https://www.mql5.com/en/market/product/67581 Test, to show indicators profitable parameters and to give potential buyers possibility to backtest indicator Entries. EA opens Buy orders on Buy Arrows and Sell orders on Sell Arrows of the indicator, orders are closed on opposite signals. EA is not created for Live automated trading, thats not the goal to sell EA, but any ways if you like it and need it, you can rent. Default settings are f

100 USD

"Period Cross RSI" Is a New indicator idea that shows crosses of two RSI lines with different periods which creates ascending and descending zones for confirmation of long and short trading. This indicator is brend new and will be upgraded further, for now I recommend to use it as a confirmation, filter indicator for determination of long/short trading zones, not as a signaler indicator for now. Further upgrades can make it as a signaler indicator as well. currently cross of two RSI lines with

30 USD

MA Revolution is upgraded version of standard Moving A verage. With the current upgrade moving average line got more sensitive with different market conditions. It gets more flexible by decreasing default period step by step while market is sharp and incrasing period back to default period step by step while market is normal again. testing of the ide a shows th at this upgr aded version gives much more acur acy for detecting m arket direction, ch anges in direction are shown much e arly th an

30 USD

Indicator customers will get Ea based on Fiter indicator for free as a Bonus. (watch video to see Ea in action) Fiter is EMA+ATR*RSI hibrid yellow line combined with Moving average red line, cross of which gives much smoother results than two simple Ma cross usage in trading. Effectiveness is proven by backtest and comparison with two simple Ma crosses. History shows that this method Fits with different market conditions and it can be boldly used in real manual trading for determining big trend

50 USD

40 USD

Filter:

352

DownTheRabbitHole 2022.08.05 05:13 #

6732

Reply from developer Davit Beridze 2022.08.09 09:21 #

Thanks!

605

Baboloki Mathabe 2021.06.28 15:37 #

Will use and leave fair review

Version 1.3 2021.07.08

Default parameters are compiled. It is for USD/CHF H4. all other parameters you will see in screenshots or comments section from 2021.07.09

Version 1.2 2021.07.07

Current upgrade contains next possibilities:
1) Now RSI Line is dynamic I tried to adapt the RSI Line Flexibility to the Market Sharpnes, if market volatility rises up RSI line gets less sensitive and it is getting difficult to go in oversold or overbought zones, if market volatility slows down RSI line gets more sensitive and flexible :) this way indicator Entrys got much more exact!
2) now we have one another volatility filter with its own timeframe so there is possible to fix the volatility start on the starter period as well. but thats not about the RSI line thats just to filter out wrong arrows.
3) Now there is possible to show one (first) arrow per directiononly :) mean if you make that function true you will see only one arrow each direction.
4) also there is possible to filter out arrows with way showing only that which are only above the last Sell arrow in case of sell arrows and only belowe the last Buy arrows. (so we do not see arrows in case if last signal is in profit)
5) all new functions is possible to turn on or off (true/false)