RSI LB bar AM

The indicator identifies the strength of the trend based on the points where the RSI indicator exceeds the overbought and oversold levels.

The indicator does not redraw.

This indicator:
  • Suitable for all markets; 
  • Not redrawn;
  • Intuitive and simple;
  • It can be useful for both beginners and experienced traders;
  • Allows you to identify market entry points where there is a high probability of a significant price movement sufficient for a successful transaction;
Settings:
  • Ind_Period (>1) - period of the indicator;
  • Price - price for the indicator calculation;
  • OB - Overbought level value;
  • OS - Oversold level value.

Attention:

It should be taken into account that any market is constantly changing and there is no guarantee that methods that were effective in the past will be effective 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 on 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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Identify precise entry and exit points with AB=CD patterns This indicator finds AB=CD retracement patterns. The AB=CD Retracement pattern is a 4-point price structure where the initial price segment is partially retraced and followed by an equidistant move from the completion of the pullback, and is the basic foundation for all harmonic patterns. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products   ] Customizable pattern sizes Customizable AC and BD ratios Customizable b
Trend Lines PRO
Roman Podpora
5 (1)
TREND LINES PRO     Cet indicateur permet de comprendre les véritables changements de direction du marché. Il révèle les renversements de tendance et les points de retour des principaux acteurs. Tu vois     Lignes BOS     Détection des changements de tendance et des niveaux clés sur des unités de temps supérieures, sans paramètres complexes ni interférences inutiles. Les signaux restent affichés sur le graphique même après la fermeture de la bougie. VERSION MT 5    -     Révèle son potentiel max
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ADX Signal AM
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4.67 (3)
This indicator is an interpretation of the Average Directional Movement Index (ADX), which helps to determine the presence of a price trend. It was developed and described in detail in the book "New Concepts in Technical Trading Systems" by Welles Wilder. The presented indicator displays signals on the price chart when +DI and -DI cross and signals when the ADX value falls or rises in relation to the mutual arrangement of +DI and -DI. The indicator's buy signals also work as a support level, whi
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Market Pulse AM
Andrii Matviievskyi
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The presented indicator analyzes the direction of the short-term and long-term trend for specified periods, taking into account the volatility of the market. This approach allows combining high sensitivity of the indicator with a high probability of execution of its signals. The principle of use is extremely simple: the indicator histogram is greater than 0 - a buy signal / the indicator histogram is less than 0 - a sell signal. The indicator allows you to configure two types of parameters: fast
SuperTrend AM
Andrii Matviievskyi
5 (2)
The presented product is a trend indicator of technical analysis that builds dynamic support/resistance levels based on the volatility of a financial instrument. The indicator allows you to determine the entry points into the market at the moment the price overcomes dynamic support/resistance level and to set a reasonable level for fixing a loss/profit. The indicator is a simple and effective tool that (depending on the parameter settings) can be used in almost any market and for any trading st
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Step RSI AM
Andrii Matviievskyi
5 (2)
L'indicateur présenté est un développement original basé sur l'indicateur d'analyse technique classique - RSI. Pour atténuer les fortes fluctuations des valeurs des indicateurs, un filtre est utilisé qui coupe les changements faibles et concentre l'attention du trader sur les fortes fluctuations des valeurs. L'indicateur ne repeint pas sur les barres formées. Pour une plus grande efficacité de cet indicateur, il doit être utilisé en conjonction avec des indicateurs qui identifient la direction d
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Double PSAR AM
Andrii Matviievskyi
5 (1)
This indicator is the author's implementation of the classic indicator Parabolic Support and Resist (PSAR). A time-tested product that allows you to not only determine entry/exit points but also reasonable levels for setting protective stop orders. The indicator has two customizable ranges, which allows you to identify long-term and short-term trends. The indicator does not repaint on the data history. The indicator has the ability to give signals and send notifications about them to e-mail and
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ADX Trigger AM
Andrii Matviievskyi
5 (2)
This indicator is an interpretation of the Average Directional Movement Index (ADX), which helps to determine the presence of a price trend. It was developed and described in detail in the book "New Concepts in Technical Trading Systems" by Welles Wilder. The indicator determines entry points into the market, using the intersection of the +/- lines of the ADX indicator as a signal, as well as the rise or fall of the main line of the ADX indicator. Crossing the zero line by the indicator indicate
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Limit Levels AM
Andrii Matviievskyi
5 (1)
The presented indicator sets dynamic support/resistance levels on the price chart. The indicator is easy to use and can be useful for both beginners and professional traders. The middle line of the indicator (Central level) helps to identify the current trend: If the closing price is above the central line - the trend is ascending. If the closing price is below the central line - the trend is descending. The presented indicator allows implementing another version of the trading strategy, which w
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EasyTrend AM
Andrii Matviievskyi
5 (1)
The presented product is a trend indicator of technical analysis that allows you to open a position at the very beginning of a significant price movement. The most important qualities of the presented indicator are: The ability to follow the trend for as long as possible to get all the potential profit; Minimization of potential losses in case of a trend reversal or significant correction. The indicator has a wide range of customizable parameters allowing it to be used effectively in any market.
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ADX Line AM
Andrii Matviievskyi
4.75 (4)
This indicator, interpreting ADX and ATR data, clearly and accurately identifies the current trend, allowing the trader to get the most out of strong price movements. The indicator is intuitive to use: a change in line direction means a change in trend direction; a change in line color warns of an imminent change in direction. The indicator does not repaint and allows you to send notifications about its signals to a mobile terminal and email. Configurable parameters: ADX_Medium_Coefficient - the
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Simple Trend AM
Andrii Matviievskyi
5 (1)
The trend is your friend. A simple truth known to every trader. The presented indicator allows you to visualize the current trend. The indicator identifies the trend using the following definition as an algorithm: A trend is a situation when each subsequent maximum price rise is higher/lower than the previous one, and similarly each subsequent maximum price fall is higher/lower than the previous one; The beginning of a new trend is considered to be when the current maximum/minimum overcomes all
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Fractal Levels AM
Andrii Matviievskyi
The presented indicator is an original development based on the idea embedded in the classic technical analysis indicator - Fractals. The Fractals indicator allows you to determine a significant trough or peak for analysis on the price chart of the financial instrument in question. The fractal itself on the price chart consists of candles, the middle of which is either the highest (up fractal) or the lowest (down fractal) of all the candles taken for analysis. The original indicator uses five ca
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Deep River AM
Andrii Matviievskyi
The presented indicator is the author's implementation of the classic trading idea: Moving averages of different periods diverge over time on a strengthening trend and converge on a weakening trend. The proposed product allows you to clearly demonstrate: The direction of price movement; Temporary price rollbacks; Zones of multidirectional price movement. Namely: The indicator lines go up and diverge from each other - a strong bullish trend; The indicator lines go down and diverge from each othe
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RSX Signal AM
Andrii Matviievskyi
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 overcom
MFI Signal AM
Andrii Matviievskyi
5 (1)
This indicator displays signals on the price chart based on the data of the classic indicator - the Money Flow Index (MFI). The volume is taken into account when calculating the MFI values. MFI can be used to determine overbought or oversold zones in the market. This indicator allows you to display three types of signals on the price chart: MFI exit from the overbought or oversold zone; MFI entry into the overbought or oversold zone; MFI crossing the middle between the overbought and oversold zo
Fine Trade AM
Andrii Matviievskyi
L'indicateur présenté évalue la volatilité d'un instrument financier et donne avec une grande efficacité des signaux sur les moments de changements significatifs dans la direction du mouvement des prix. L'indicateur est intuitif et facile à utiliser. Le signal indicateur est généré après l'achèvement de la formation de la barre, sur laquelle l'indicateur change sa position par rapport à zéro. L'indicateur ne redessine jamais le signal. Les signaux de l'indicateur doivent être confirmés par le pr
Bulls or Bears AM
Andrii Matviievskyi
5 (1)
The presented indicator implements the idea embedded in the classic technical analysis indicators - "Bulls" / "Bears" at a new level. The "Bulls or Bears AM" indicator displays the difference between the maximum and minimum prices for the current period of time and the values ​​of the channel built on the maximum and minimum prices for a longer period. The growth of the indicator values ​​above zero indicates that the maximum price for the current period is greater than the average value of maxi
RSI 4x Candles AM
Andrii Matviievskyi
The presented indicator displays in the form of colored candles the signals of the intersections of four RSI indicators of different periods. The candle turns red when the values ​​of the first indicator are less than the values ​​of the second indicator and the values ​​of the third indicator are less than the values ​​of the fourth indicator. The candle turns blue when the values ​​of the first indicator are greater than the values ​​of the second indicator and the values ​​of the third indica
CCI LB bar AM
Andrii Matviievskyi
The indicator identifies the strength of the trend based on the points where the CCI indicator exceeds the overbought and oversold levels. This indicator: Suitable for all markets;  Not redrawn; Intuitive and simple; It can be useful for both beginners and experienced traders; Allows you to identify market entry points where there is a high probability of a significant price movement sufficient for a successful transaction; Settings: Ind_Period (>1)   - period of the indicator; Price   - price f
ASC Signal AM
Andrii Matviievskyi
A signal indicator marking buy/sell points. In this version, it is supplemented with optimal SL points. Recommended for use in conjunction with a trend indicator to filter signals. The indicator has only one adjustable parameter that determines its sensitivity, which greatly simplifies setting the indicator to the current market and the user's trading style. Indicator signals are given only after the full formation of the bar. The indicator can be used to trade any market. Its basic parameters p
RSX Candles AM
Andrii Matviievskyi
The indicator displays the signals of the RSX oscillator on the price chart. (To display these signals in a separate window, along with the oscillator, another indicator is used -    RSX Oscillator AM ). 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. Settings: Data period for indicator calculation - data period for indicator calculation;
DSS Signal AM
Andrii Matviievskyi
This indicator displays DSS Oscillator AM signals on the price chart. The calculation of DSS Oscillator AM values is similar to the stochastic indicator. The confirmation of the indicator's signal is the overcoming by the price of the high/low of the bar on which the signal was given by the indicator. Settings: Price - the price at which the indicator is calculated; EMA_Period - smoothing period; Stoch_Period - oscillator period; OB_Level - overbought level; OS_Level - oversold level; Show_Move
DSS Candles AM
Andrii Matviievskyi
This indicator colors the price chart candles according to the data of the DSS Oscillator AM indicator. DSS Oscillator AM is the author's implementation of the Double Smoothed Stochastic oscillator developed by William Blau and Walter Bressert. The calculation of values ​​is largely similar to the calculation of the classic stochastic oscillator. The indicator takes into account the location of the current price relative to local highs/lows. The signal about the change in the direction of price
Limit Line AM
Andrii Matviievskyi
This indicator is a line built on the maximum/minimum price values ​​that go beyond the channel of maximum/minimum prices taken over a longer period. Two types of channels are used simultaneously: The first - built on the maximum/minimum for the selected period (Ind_Period); The second - built on the smoothed value of the maximum/minimum price values ​​(Smoothing_Channel, Shift_Channel). To calculate the indicator, the highest/lowest value from the two channels is taken. The indicator allows yo
AlphaTrend AM
Andrii Matviievskyi
The presented indicator, based on the volatility readings of a financial instrument plots dynamic S/R levels on the price chart. The indicator determines the trend and points to possible entry points formed by local highs/lows. The indicator allows you to notify the user of its signals by sending messages to the terminal and e-mail. The indicator does not repaint or recalculate. Signals when working with the indicator: The appearance of a red arrow above the price chart is a possible start of a
REI Oscillator AM
Andrii Matviievskyi
The presented product is the author's implementation of the REI (Range Expansion Index) indicator developed by Thomas DeMark. REI Oscillator AM is an indicator that measures the rate of price change and signals overbought/oversold conditions if the price shows weakness or strength. The indicator value changes within the range from -100 to +100. Thomas DeMark suggests using the default period of 8 and the following algorithm for using the indicator: When the price rises above level 60 and then fa
DSS Oscillator AM
Andrii Matviievskyi
The presented indicator is the author's implementation of the Double Smoothed Stochastic oscillator developed by William Blau and Walter Bressert. The calculation of values ​​is in many ways similar to the calculation of the classic stochastic oscillator. The indicator takes into account the location of the current price relative to local highs/lows. The indicator gives signals about changing its direction and/or about entering/exiting the overbought/oversold zone. The signal is given after the
RSX Oscillator AM
Andrii Matviievskyi
The indicator displays the RSX oscillator in a separate window.  The indicator's signals are best used as signals for opening a deal when the price breaks the high or low of the bar on which the signal was given. The opposite signal cancels the previous signal. Settings: 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=>
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