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RSI Entry Points MT5

5

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. 



Comentarios 2
DownTheRabbitHole
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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Identifique los rangos y los próximos movimientos probables  |  Obtenga las señales más tempranas y la fuerza de las Tendencias   |  Obtener salidas claras antes de reversión   |  Detecte los niveles de Fibo que el precio pondrá a prueba   |  Indicador no repintado y no retardado - ideal para la trading manual y automatizada - adecuado para todos los activos y todas las unidades temporales 69$   para el lanzamiento - luego de nuevo a >>   $ 149 Después de la compra,   póngase en contacto con mi
Este indicador es una herramienta de transacción única, de alta calidad y asequible porque hemos incorporado una serie de características propias y una fórmula secreta.   Con solo un gráfico, da Alertas para los 28 pares de divisas.   ¡Imagina cómo mejorarás porque puedes identificar el punto de activación exacto de una nueva tendencia u oportunidad de crecimiento! Basado en   nuevos algoritmos subyacentes , hace que sea aún más fácil identificar y confirmar   operaciones potenciales . Esto se d
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Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange, XQ Forex Indicator empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The ind
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BUY INDICATOR AND GET EA FOR FREE AS A BONUS + SOME OTHER GIFTS! ITALO VOLUME INDICATOR  is the best volume indicator ever created, and why is that? The Indicator works on all time-frames and assets, indicator built after 7 years of experience on forex and many other markets. You know many volume indicators around the internet are not complete, does not help, and it's difficult to trade, but the Italo Volume Indicator is different , the Italo Volume Indicator shows the wave volume, when market
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El patrón 123 es uno de los patrones de gráficos más populares, potentes y flexibles. El patrón se compone de tres puntos de precio: un fondo, un pico o valle, y un retroceso de Fibonacci entre 38.2% y 71.8%. Un patrón se considera válido cuando el precio se rompe más allá del último pico o valle, momento en el que el indicador traza una flecha, levanta una alerta y se puede colocar el comercio. [ Guía de instalación | Guía de actualización | Solución de problemas | FAQ | Todos los productos ]
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Davit Beridze
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Def ault settings   are just for visu alis ation, it c an not be profit able with it.  Get a Free EA as a Bonus when you Purchase the Indicator! Plus, Receive 4 Interesting Additional Indicators. Recommended set files for backtesting the indicator on recommended pairs are available in the comments section (last page). Please note that this product is exclusively sold on the MQL5 market. Any other sources offering it are scams, and the author bears no responsibility. To receive the bonus gifts,
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Non standard attitude to the standard moving average indicator. The essence of the indicator is to determine the strength and speed of the price direction by determining the tilt angle of the moving average. A point is taken on the fifteenth MA candle and a point on the last closed MA candle, a straight line is drawn between them, it is movable and on a hemisphere shows an angle of inclination from 90 degrees to -90. above 30 degrees is the buying area, below -30 degrees is the selling area. abo
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after getting indic ator cont act me for Bonus E a. Non Repaint TMA channel with special conditioned arrows on price cross of channel lines plus market Volatility factor, which makes product much more accurate than any usual tma channel indicators.  It is proven to be profitable with Ea built based on it which you will get as a BONUS in case of indicator purchase. Good luck.
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Check my p a id tools they   work  perfect please r ate Adjustable PIN BAR indicator is usefull tool alowing to search for pin bars you wish to find on the price chart, it has 2 parameters to filter out what type of pin bars you wish to search for: 1) MinTailProc 75% (default) which means to show pin bars that has minimum size of the Nose (Tail) as 75% of full candle size. If Upper Nose (Tail) size of the candle is minimum 75% of the candle size fully than candle is painted in RED. If Lower Nose
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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
With one click open any pair any timeframe directly from dashboard The MA Speedometer Dashboard is a highly functional MetaTrader 4 (MT4) indicator designed to enhance trading strategies through dynamic market analysis. It offers robust features for identifying market trends, trading in sideways markets, and exiting flat market conditions, all based on moving average angles. As a special bonus, customers also receive a special version of the MA Speedometer indicator, which serves as the foundati
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
Filtro:
DownTheRabbitHole
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

Davit Beridze
6859
Respuesta del desarrollador Davit Beridze 2022.08.09 09:21
Thanks!
Baboloki Mathabe
605
Baboloki Mathabe 2021.06.28 15:37 
 

Will use and leave fair review

Respuesta al comentario
Versión 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
Versión 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)