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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. 



Recensioni 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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Was: $299  Now: $99   Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings
Professional Scalping Tool on Deriv Attention! The indicator will be sold in limited quantities!!! Description: This trading indicator is designed for professional traders focused on scalping. Designed with the market in mind, it provides highly accurate spike trading signals. It works on the M1 timeframe and supports the following symbols: Boom 300 Index, Boom 500 Index, Boom 1000 Index, Crash 300 Index, Crash 500 Index, Crash 1000 Index. Functional Features: - Direction: - Trading is ca
Gartley Hunter MT5
Siarhei Vashchylka
5 (13)
Gartley Hunter - An indicator for searching for harmonic patterns (Gartley patterns) and their projections. The indicator is equipped with a system of alerts and push notifications. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. 12 harmonic patterns: 7 classical and 5 exotic. New patterns will be added as the indicator develops. 2. Constant automatic search for harmonic patterns. The indicator is capable of finding from the smallest to the largest patterns. 3. Autom
Legacy of Gann for MT5
Pavel Zamoshnikov
5 (4)
The indicator very accurately determines the levels of the possible end of the trend and profit fixing. The method of determining levels is based on the ideas of W.D.Gann, using an algorithm developed by his follower Kirill Borovsky. Extremely high reliability of reaching levels (according to K. Borovsky  - 80-90%) Indispensable for any trading strategy – every trader needs to determine the exit point from the market! Precisely determines targets on any timeframes and any instruments (forex, met
Trend Forecaster
Alexey Minkov
5 (3)
The Trend Forecaster indicator utilizes a unique proprietary algorithm to determine entry points for a breakout trading strategy. The indicator identifies price clusters, analyzes price movement near levels, and provides a signal when the price breaks through a level. The Trend Forecaster indicator is suitable for all financial assets, including currencies (Forex), metals, stocks, indices, and cryptocurrencies. You can also adjust the indicator to work on any time frames, although it is recommen
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
Altri dall’autore
MA Speedometer
Davit Beridze
4.71 (14)
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
Filtered TMA NRP
Davit Beridze
5 (1)
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.
MRA Index
Davit Beridze
5 (6)
You get Ea based on MRA Index for free as a Bonus in case of indicator purchase.  For sc alping I optimize sets on period of l ast 12 months  and use it next 1 month, this w ay it works very well ! Def ault settings   are just for visu alis ation, it c an not be profit able with it, recommended set files I sh are with buyers. The "MRA Index" forex indicator is a versatile tool that combines various technical elements to provide traders with valuable insights into potential market trends and entr
MFI Modern PRO
Davit Beridze
4.94 (51)
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,
Filtered TMA Arrows
Davit Beridze
5 (2)
Check my p a id tools they   work  perfect please r ate Here is an Upgraded version with Bonus Ea in case of purchase it costs 30$ only and you get Ea as Bonus:  https://www.mql5.com/en/market/product/96835 This indicator is experimetal, it shows TMA channel arrows with Volatility filter built in to avoid lagging. Try to experiment with it, search for better conditions of use. It is possible to adjust different timeframes for TMA and for Volatility filter Same time on the current chart, so it ma
FREE
Steady Ranger EA
Davit Beridze
3 (2)
B acktest with set files from comments section (L a st comment) with method open price only. Watch video and Turn ON Subtitles when watching! This EA contains Few stop out levels built in what makes it much safer than any other method! Never pay attention to the Stereotips. Any method can be risky if you use them without a Sense. Steady Ranger EA is an advanced automated channel trading system with potential to find out hundreds of profitable set files according to the back tests. This EA is n
Re ad First Before Testing. This Ea goes as a Bonus to  MFI Modern PRO indicator users only. Set files generated  after upgrade you can check in comments section. This Expert advisor is based on MFI Modern PRO indicator   https://www.mql5.com/en/market/product/80765 just to  give possibility to indicator users for fastly test the indicator Before buying. In comments section recommended set files are uploaded by which you can prove yourself that backtest data from indicator overview are real. Thi
Adjustable Pin Bar
Davit Beridze
5 (4)
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
FREE
MA Speedometer MT5
Davit Beridze
5 (3)
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
Laguerre Scrat
Davit Beridze
5 (1)
In case you get Laguerre S crat indicator, you will get Laguerre Scrat Ea as a Gift. To get Ea  and det a iled m anu al PDF contact me PM. Default settings are for usd/cad H4 For St able Long term Profits Laguerre Scrat is a trading system based on 4 indicator combinations in the shape of one indicator. Laguerre indicator (upgraded), CCI, Bollinger bands and market volatility factor. It generates arrows in the indicator window and nuts on the price chart, doubling arrows for a better view where
Check my paid tools they work great and I share Ea's based on them for free please r ate The Dual Timeframe RSI (Relative Strength Index) indicator is a novel trading tool that allows traders to monitor RSI readings from two different timeframes on a single chart. This dual perspective enables traders to identify potential trend confirmations and divergences more effectively. For instance, a trader might use a 1-hour RSI alongside a daily RSI to ensure that short-term trades align with the bro
FREE
Volatility Arrows
Davit Beridze
5 (1)
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
RSI Entry Points
Davit Beridze
5 (6)
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 informative. 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. I Made RSI line Dynamic, it gets more flexible
This EA is Created just for RSI Entry points Indicator ( https://www.mql5.com/en/market/product/67581 Test, to show indicators profitable parameters and to give potential buyers possibility to backtest indicator Entries. EA opens Buy orders on Buy Arrows and Sell orders on Sell Arrows of the indicator, orders are closed on opposite signals. EA is not created for Live automated trading, thats not the goal to sell EA, but any ways if you like it and need it, you can rent. Default settings are f
Period Cross RSI
Davit Beridze
5 (2)
"Period Cross RSI" Is a New indicator idea that shows crosses of two RSI lines with different periods which creates ascending and descending zones for confirmation of long and short trading. This indicator is brend new and will be upgraded further, for now I recommend to use it as a confirmation, filter indicator for determination of long/short trading zones, not as a signaler indicator for now. Further upgrades can make it as a signaler indicator as well.  currently cross of two RSI lines with
MA Revolution
Davit Beridze
5 (1)
MA Revolution is upgraded version of standard Moving   A verage. With the current upgrade moving average line got more sensitive with different market conditions. It gets more flexible by decreasing default period step by step while market is sharp and incrasing period back to default period step by step while market is normal again. testing of the ide a shows th at this upgr aded version gives much more acur acy for detecting m arket direction, ch anges in direction are shown much e arly th an
Fiter
Davit Beridze
5 (1)
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
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
6732
Risposta dello sviluppatore Davit Beridze 2022.08.09 09:21
Thanks!
Baboloki Mathabe
605
Baboloki Mathabe 2021.06.28 15:37 
 

Will use and leave fair review

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Versione 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
Versione 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)