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RSI converter percent to price

The indicator calculates the price of the trading instrument based on the RSI percentage level. The calculation is performed by Close prices, so that we can quickly find out the price, at which RSI shows the specified percentage level. This allows you to preliminarily place stop levels (Stop Loss and Take Profit) and pending orders according to significant RSI points with greater accuracy.

The indicator clearly shows that RSI levels constantly change, and the difference between them is not fixed. This means the standard RSI oscillator cannot help you define the number of points the price is to pass before reaching the next RSI level. For more visibility, I recommend building the levels of 30 and 70 that are the most popular for defining potential local trend reversal points.

The indicator eliminates the significant disadvantage of the RSI oscillator, namely the inability to analyze level crossings and returns to the channel (roll-backs) on history. The indicator allows you to visually assess roll-backs from levels.

Advantages:

  1. Accurate calculation of the specified RSI percentage level price;
  2. Ability to visually receive information from any timeframe;
  3. Ability to use in the algorithmic trading;
  4. In most cases, the use of this indicator will speed up the optimization process by abandoning the "Every tick" bar plotting mode;
  5. Buffer 0 provides info on the current price level according to the RSI standard oscillator. This allows applying one indicator for the market analysis in the algorithmic trading.


Parameters

  1. RSI - indicator period. Recommended values 2-100. However, greater values are possible as well - the limitation has to do with the number of bars on the chart;
  2. Percent Levl - RSI percentage value to be converted into price (1-99);
  3. TF - RSI calculation timeframe. It cannot be lower than the timeframe of the chart the indicator is running on.
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Wolfe Waves scanner - It scans all the Symbols and identify the movement of price and it gives confidence in trade. It automatically plots  fifth wave breaks out of the channel. According to the theory behind the pattern, a line drawn from the point at the beginning of the first wave and passing through the beginning of the fourth wave predicts a target price for the end of the fifth wave. If a trader properly identifies a Wolfe Wave as it forms, the beginning of the fifth wave represents an op
Cycle Sniper
Elmira Memish
4.39 (36)
NEW YEAR SALE PRICE FOR LIMITED TIME!!! Please contact us after your purchase and we will send you the complimentary indicators to complete the system Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before pu
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El indicador control risk panel es un panel de información que le permite controlar el estado del comercio en la cuenta. Se proporciona información resumida sobre las órdenes abiertas como una posición con la opción de seleccionar tres tipos de agrupación: 1. Sin agrupación-muestra la posición minimizada por carácter, se recomienda utilizar para la evaluación general de la situación 2. Agrupa la posición por símbolo en un subgrupo por número mágico, se recomienda utilizar para supervisar el func
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El indicador "Predicción del canal Donchian" le permite predecir cambios en los niveles del canal Donchian en el futuro en función de la posición actual del precio. El indicador estándar de Zig-Zag comienza a dibujar su rayo al 99% cuando toca el canal Donchian opuesto. El pronóstico de los niveles del borde del canal ayudará a encontrar los puntos finales de la corrección o los puntos del cambio de tendencia, para estimar qué tan pronto pueden ocurrir estos eventos. Ajustes Período: el perío
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¡Vamos a jugar! Sugiero comprar un robot comercial Bingo para la plataforma MT4. El asesor ha establecido un patrón comprobado de" las Tendencias terminan", luego la Verdad. El consejero utiliza la Verdad para obtener ingresos, pero para ello necesita: A. Detectar la probable finalización de la tendencia; B. Realizar una compra rentable. Para resolver el problema A, se utilizan muchos métodos confiables probados y preseleccionados, su colección es tan grande que no es práctico usar la optimizac
The indicator calculates the price of the trading instrument based on the RSI percentage level. The calculation is performed by Close prices, so that we can quickly find out the price, at which RSI shows the specified percentage level. This allows you to preliminarily place stop levels (Stop Loss and Take Profit) and pending orders according to significant RSI points with greater accuracy. The indicator clearly shows that RSI levels constantly change, and the difference between them is not fixed
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El indicador "Gap on chart" le permitirá ver las brechas de precios en el gráfico. Los niveles de ruptura se extienden a lo largo del tiempo hasta que el precio cierra la brecha de precios. El indicador le permite ajustar la sensibilidad: qué Tamaño de brecha en los puntos Mostrar y qué profundidad de la historia analizar. Para su uso en el comercio automático, se utiliza la numeración de las brechas de precios según el método LIFO, es decir, la Última brecha de precios formada tiene el númer
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Aleksey Vyazmikin
¡Juguemos! Propongo comprar un robot de comercio de Bingo para la plataforma MT5. El asesor tiene un patrón comprobado de "Las tendencias están terminando", entonces la Verdad. El Experto usa la Verdad para extraer ingresos, pero para esto necesita: A. Para detectar el final probable de la tendencia; B. Hacer una compra rentable. Para resolver el problema A, se usan muchos métodos confiables probados y preseleccionados, su colección es tan grande que no es práctico usar la optimización convenci
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