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Ticks RSI

The Relative Strength Index indicator drawn using a tick chart.

After launching it, wait for enough ticks to come.

Parameters:

  • RSI Period - period of averaging.
  • overbuying level - overbought level.
  • overselling level - oversold level.
  • calculated bar - number of bars on the chart for the indicator calculation.

The following parameters are intended for adjusting the weight of RSI signals (from 0 to 100). You can find their description in the Signals of the Oscillator Relative Strength Index section of MQL5 Reference.

  • The oscillator has required direction.
  • Reverse behind the level of overbought/oversold level.
  • Failed swing.
  • Divergence of the oscillator and price.
  • Double divergence of the oscillator and price.
  • Head/shoulders.

Buffer indexes: 0 - RSI_LINE, 1 - SIGNAL_UP, 2 - SIGNAL_DOWN, 3 - BID, 4 - ASK.

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Version 1.10 - 2015.05.14
fixed errors