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Currency RSI Scalper Free MT5

Currency RSI Scalper Free MT5 -is a professional indicator based on the popular Relative Strength Index (RSI) indicator.

This product is an oscillator with dynamic overbought and oversold levels, while in the standard RSI, these levels are static and do not change.

This allows Currency RSI Scalper to adapt to the ever-changing market.

When a buy or a sell signal appears, an arrow is drawn on the chart and an alert is triggered allowing you to open a position in a timely manner and avoid sitting at your PC all the time.

Currency RSI Scalper Free MT5 is a demo version that can be only run on EURGBP. Unlimited version can be purchased here:

https://www.mql5.com/en/market/product/33032

Why choose Currency RSI Scalper Free MT5

  • The indicator is suitable for scalping and intraday trading.
  • It is possible to evaluate the effectiveness of the indicator on history.
  • The indicator does not redraw (recalculate), signals are generated strictly on the "Close of the bar".
  • It can be used as a standalone tool or together with other indicators.
  • System of notifications to email and mobile device on new indicator signals.
  • Ability to customize the color scheme of the indicator.
  • Optimum operation algorithm, therefore the terminal does not "freeze"


Recommendations on using Currency RSI Scalper Free MT5

Buy signal: the indicator line crossing the oversold level upwards. If there are open sell positions, they should be closed.  See screenshot #2.

Sell signal: the indicator line crossing the overbought level downwards. If there are open buy positions, they should be closed.  See screenshot #3.

There may be situations with several consecutive signals in the same direction. In this case, open an additional position in the same direction without closing the previous one.  See screenshot #4.

Several positions are to be closed only when an opposite signal appears.


Indicator Inputs

  • Period - RSI setting. Period of averaging for calculation of the indicator.
  • Method: The method used to calculate the Moving Average. The following options are available: 1-Simple, 2-Exponential, 3-Smoothed, 4-Linear Weighted.
  • Alert - enable or disable Alerts. True - enabled, false - disabled. Example of an alert: "Currency RSI Scalper EURUSD M30 BUY".
  • Email - enable/disable sending e-mails. True - enabled, false - disabled.
  • Push - enable/disable sending messages to the mobile terminal. True - enabled, false - disabled.
  • Arrow size - size of arrows on the chart (1 to 7).
  • Buy - color of buy arrows.
  • Sell - color of sell arrows.


Comentários 6
Tanhok
46
Tanhok 2020.01.08 01:00 
 

try on demo

Hock Guan Koh
624
Hock Guan Koh 2019.10.24 12:40 
 

looks good. not yet try

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The Heiken Ashi indicator drawn using a tick chart. It draws synthetic candlesticks that contain a definite number of ticks. Parameters: option prices - price option. It can be Bid, Ask or (Ask+Bid)/2. the number of ticks to identify Bar - number of ticks that form candlesticks. price levels count - number of displayed price levels (no levels are displayed if set to 0 or a lower value). calculated bar - number of bars on the chart. Buffer indexes: 0 - OPEN, 1 - HIGH, 2 - LOW, 3 - CLOSE.
10 USD
Pivot Points OnOff MT5
Fabrizio Malavasi
The Pivot Points On-Off  it's a useful indicator if you want a  clean chart  and to take a look to the indicator. You can choose if you want the indicator always shown or always hided while switching among different time frames or financial instruments . Starting from this initial condition it's possible to show/hide   the indicator just pressing the button or using the keyboard. The Pivot Points are calculated with Standard , Fibonacci , Camarilla , Woodie and Demark formulas. As a default f
30 USD
Lighthouse MT5
Daniel Stein
⭐️⭐️⭐️⭐️⭐️ You want to become a constantly profitable 5-star forex trader? ⭐️⭐️⭐️⭐️⭐️ 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat Lighthouse is an amazing precise and reliable support and resistance indicator. It displays the most important trading levels and draws them according to their relevance. If a level is clearly br
50 USD
PipFinite Breakout EDGE MT5
Karlo Wilson Vendiola
The Missing Edge You Need To Catch Breakouts Like A Pro. Follow a step-by-step system that detects the most powerful breakouts! Discover market patterns that generate massive rewards based on a proven and tested strategy. Unlock Your Serious Edge Get it here ► www.mql5.com/en/blogs/post/723208 Have access to the game changing indicator that will take your trading to the next level! How To Trade Execute your trades in 3 Easy Steps! Step 1: Trade Setup Enter a signal if Success Rate is
98 USD
Laguerre VIX Trend Extremes MT5
Synapse Investment Research Group, Inc.
The  Laguerre VIX Trend Extrema   (LVTE)  indicator detects market tops and bottoms. As its name suggests, LVTE is a percentage price oscillator that identifies extreme ranges in market price. As described in John F. Ehlers book  "Cybernetic Analysis for Stocks and Futures,"  incorporating Laguerre's equation can facilitate more advanced trend detection and smoother filters, while requiring less data. Here, we use multiple variants on Laguerre's equation, for robust detection of price maxima and
99 USD
Pivot Prof
Paul Anscombe
Um excelente indicador ... Obtenha oportunidades de negociação incríveis com o Pivot Prof e use os níveis que os profissionais usam para aprimorar sua negociação hoje! O Pivot Prof é rico em recursos e usa algoritmos exclusivos para calcular e exibir os níveis de negociação de vários prazos em um único gráfico fácil de ler e fornece alertas de terminal, celular e e-mail, além de personalização completa. Atualização Importante Maximize o potencial do Pivot Prof visitando o Pivot Prof - Trading
79 USD
Follow The Line PRO MT5
Oliver Gideon Amofa Appiah
Follow The Line PRO   FOLLOW THE LINE (PRO VERSION) This powerful indicator is the full and complete version of my free indicator called "Follow The Line". IT IS BASED ON the popular maxim that: "THE TREND IS YOUR FRIEND" It gives alarms and alerts of all kinds. IT DOES NOT REPAINT and can be used for all currency pairs and timeframes. AVOID FALSE SIGNALS: BUY ONLY when price closes above the green line and the green line is above the blue channel. SELL ONLY when price closes below the pink
30 USD
Waves Of Fibonacci
Roman Vashchilin
The principle of the indicator operation lies in the analysis of the currency pair history and determining the beginning and the end of the "power" driving the current trend. It also determines the Fibonacci levels in the main window. The indicator also shows how long ago the local Highs and Lows have been reached. How to Use Waves in the subwindow show the strength and the stage of the trend movement. That is, if the waves only start rising, then the trend is in the initial stage. If the wave
45 USD
Filtro:
mohamedfaral
59
mohamedfaral 2019.09.03 12:36 
 

Usuário não fez qualquer comentário quanto a classificação

Hock Guan Koh
624
Hock Guan Koh 2019.10.24 12:40 
 

looks good. not yet try

Tanhok
46
Tanhok 2020.01.08 01:00 
 

try on demo

fkaiser
87
fkaiser 2020.05.27 21:26 
 

Usuário não fez qualquer comentário quanto a classificação

Valentin Butorin
3855
Valentin Butorin 2020.07.23 15:10 
 

Usuário não fez qualquer comentário quanto a classificação

parab1900
14
parab1900 2020.11.26 09:42 
 

good

Responder ao comentário
Versão 5.0 2020.07.14
Update for new builds at the request of the terminal developers: https://www.mql5.com/en/forum/342948
Versão 4.0 2019.11.05
New version: fixed bug with Push notification.