RSX Signal AM

The indicator displays the signals of the RSX Oscillator.

The main type of signal is given when the oscillator exceeds the 0 value.

If the "Sensitivity" parameter increases above zero, the main signal will also be given when overbought/oversold levels are overcome, defined as zero plus sensitivity and zero minus sensitivity.

An additional signal is given when the direction of the oscillator line changes.

It is optimal to use the indicator signals as signals to open a trade when the price overcomes the maximum or minimum of the bar at which the signal was given.

An opposite signal cancels the previous signal.

  • Data period for indicator calculation - data period for indicator calculation;
  • Price used to calculate the indicator - price used to calculate the indicator;
  • Oversold level (-1=> 0 <=1) - oversold level;
  • Overbought level (-1=> 0 <=1) - overbought level;
  • exit_from_oversold_or_overbuy - the signal is given when the indicator values ​​leave the overbought/oversold level;
  • entrance_to_oversold_or_overbuy - the signal is given when the indicator values ​​go beyond the overbought/oversold level;
  • intersection_of_the_middle - the signal is given when the indicator values ​​cross the middle of the range of values;
  • up_or_down - the signal is given when the indicator direction changes;
  • Distance - the distance between the indicator signal and the price chart;
  • Alerts - displays a dialog box containing information about the indicator's signal;
  • Send_Notification - sends a notification to mobile terminals whose MetaQuotes IDs are specified in the settings window on the "Notifications" tab;
  • Send_Mail - sends an email to the address specified in the settings window on the "Mail" tab;

Attention:

Please note that any market is constantly changing and there is no guarantee that methods that have been effective in the past will show the same results in the future.

To minimize potential losses, you should regularly optimize the product parameters, study the results of its work and withdraw part of the profit received.

It is recommended that before using the product on a real account, you test its work on a demo account in the same market and with the same broker where you plan to trade.

With respect and best wishes,

Andrii Matviievskyi


P.S.

If you liked this product, I would be grateful for a fair assessment - positive user reviews motivate the author, and reasonable criticism allows us to make products better.

I suggest visiting my page where you will find many unique author's works that are the result of many years of studying exchange trading and FOREX trading.


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    Andrii Matviievskyi
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