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RSI talking to save your eyes

RSI talking, use all your senses while trading!


The idea

When trading your eyes might be very stressed. Therefore I programmed the RSItalking. Trade what you see and what you hear!


Function

This indicator says "rsioverbought" when rsi is over a threshold value (default 75%) and "rsioversold" if it is under a lower threshold (default 25%).

When you keep a long position be adviced to realize profit when the indicator tells you "rsioverbought" and vice versa.

You will find an explanation of the functionality of RSI in youtube.


Parameters

  • Period of RSI: Period of RSI, default 14
  • Upper threshold value: If RSI > threshold the indicator says "rsi overbought" (default 75)
  • Lower threshold value: if RSI < threshold the indicator says "rsi oversold" (default 25)


Issues and disclaimer

No issues were found up to now. If the treshold values are not marked in the window of the indicator it might be, that some old objects named "trUp" and "trDown" remained and have to be deleted by hand.

If you cannot create your own wav sondfiles you can contact me over the mql5 messenger.

There is no guarantee for anything using this indicator.

14.07.18, Terence V. Gronowski, "Swisstrader"

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This indicator can be used to display Support and Resistance levels according to  the  Malaysian SNR concept , in which Support and Resistance are exact levels of a line chart. Malaysian SNR There are 3 different horizontal levels in Malaysian SNR: A-Level : This level is located at the peak of this line chart. (shape looks like the letter A) V-Level : Level at the valley of a line chart, (shape looks like the letter V) Gap-Leve l: This level is located at the Close/Open gap between two cand
The Volume by Price Indicator for MetaTrader 5 features Volume Profile and Market Profile TPO (Time Price Opportunity). Get valuable insights out of currencies, equities and commodities data. Gain an edge trading financial markets. Volume and TPO histogram bar and line charts. Volume Footprint charts. TPO letter and block marker charts including split structures. Versatile segmentation and compositing methods. Static, dynamic and flexible ranges with relative and/or absolute visualizations. Lay
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[Supprimé] 2019.01.14 07:13 
 

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