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RSImaxmin

The indicator shows when there are overprice and divergences on the RSI.

In addition, it has configurable alerts, dynamic overprice levels and a special “RSI cleaner” function.

The only indicator that automatically calculates the premium rates!

RSImaxmin is an indicator based on the Relative Strength Index (RSI) oscillator that effectively identifies changes in price trends as it reflects the relative strength of bullish movements compared to bearish movements. It is widely used by traders to measure the strength of a trend and identify end-of-trend signals.

The RSImaxmin indicator provides valuable market information and signals of overbought, oversold, bullish divergence and bearish divergence that it detects automatically. These signals are represented in the oscillator as circles for divergence points and squares for overbougnt points. Immediately, you can receive configurable alerts of these signals.

In addition, this indicator has two unique characteristics; you can chart dynamic support and resistance levels that it automatically calculates according to the market to which it has been applied and the input parameters conveniently set by the trader. Overbought and oversold levels are also automatically calculated for each chart optimizing results.

The second unique feature of RSImaxmin is its “ cleaner RSI ” filter developed to reduce signal noise, this filter can be very useful to improve the effectiveness of a strategy.

Features

  • The indicator allows to generate alerts in different configurations (mobile application - Push, email, desktop application) when divergences and overpricing are detected
  • Alerts can be repeated for the same event to guarantee or to recognize the RSImaxmin
  • The RSImaxmin simplifies the parameters as much as possible, so that the trader can avoid complex settings
  • The RSImaxmin is valid for any asset and any time horizon
  • It can be used in strategies based solely on this indicator or it can be combined with other indicators
  • You can set the color of the indicator trend lines
  • Optimized and tested algorithm to ensure that it is always in service

contains:

  • Oscillatory line RSImaxmin
  • Two lines of dynamic levels of supports and resistances in the oscillator signal
  • Three fixed level lines, “resist OB", 50 and " support OS" (although you can add or remove lines at any level that the trader deems necessary in the setup)

Parameters

  • RSI Period is thecandlestick period used to calculate the value of the RSI oscillator
  • Tolerance to take as a max is the value used as a condition for accepting a peak as a new maximum
  • Tolerance to take as a min is the value used as a condition to accept a peak as a new minimum
  • Price and RSI calculation Kind the algorithm can use all forms of price calculation including HL/2, HLC/3 and HLCC/4  
  • Activate the cleaner RSI this is true if you want to use the filter on the oscillator to reduce signal noise
  • View divergence (circle) is true if you want to display circles in the oscillator at the points where divergence occurred
  • View overprice (square) is true if you want to display square in the oscillator at points where overpricing is detected
  • View trend in chart (arrow) is true if you want to see an arrow on the candlestick chart indicating the possible trend according to RSImaxmin oscillator.
  • View support and resist levels is true if you want to see support and resistance calculated automatically
  • Alert Settings This parameter allows you to choose the alerts you want to receive regarding the indicator. These can be:
    • alerts_ off 
    • maxmin_ Divergences 
    • max_ Divergences 
    • min_ Divergences 
    • overbought 
    • oversold 
    • overbought_ sold 
    • all_ alerts 
  • Alert Kind are the options that the program allows to notify you of an event (mobile application, email, desktop application). These can be:
    • Mobile (you must have this option activated on your MT5 platform)
    • Email (you must configure your MT5 platform to receive emails)
    • Desktop 
    • Alls choose 
  • Alert repetition per event these are the times you can repeat an alert for the same event. You can repeat an alarm 1, 3, 5 and 10 times as you think necessary

If you have any questions or suggestions, you can contact me via the following link.

Comentários 2
Claudio Jones
131
Claudio Jones 2020.06.09 16:25 
 

Very useful and accurate indicator when making a decision. Carlos Moya provides quality support. I'm happy with the results. Thanks a lot

Dunstan Wafula Namusonge
615
Dunstan Wafula Namusonge 2020.04.09 05:34 
 

Very resourceful

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Arturo Lopez Perez
Este indicador encontra os padrões de retração AB = CD. O padrão AB = CD Retracement é uma estrutura de preço de 4 pontos em que o segmento de preço inicial é parcialmente retraído e seguido por um movimento equidistante da conclusão da retirada, e é a base básica para todos os padrões harmônicos. [ Guia de instalação | Guia de atualização | Solução de problemas | FAQ | Todos os produtos ] Tamanhos de padrão personalizáveis Proporções AC e BD personalizáveis Períodos de interrupção person
49 USD
Market Marker MT5
Evgeny Shevtsov
The indicator displays peak levels of activity formed by the maximum volume, tracks the correlation of the candles on all timeframes (from the highest to the lowest one). Each volume level is a kind of key trading activity. The most important cluster is inside a month, week, day, hour, etc. Indicator operation features A volume level receives Demand status if the nearest volume level located to the left and above has been broken upwards. A volume level receives Supply status if the nearest vol
39 USD
Clever TDI Pro MT5
Carlos Forero
Description: The indicator shows the TDI indicator in a separate window, and with the RSI component, the indicator finds possible divergences with M or W patterns. Here you can access our discord community for more information about our tools and benefits. KEY LINKS:   How to Install   -  Discord Server   –  Frequent Questions  -  All Products  Functions: Finds Market Makers patterns. Finds extremes or exhaustion into the market. Looks for a trend continuation. Content: TDI Indicator Divergence
49 USD
Clever Trend Oasis MT5
Carlos Forero
The indicator is based on a proven successful strategy. It shows buys and sello signals with suggested stop and target. In the same way, it calculates the essential trading analysis statistics as successful and profit ratio. Here you can access our discord community for more information about our tools and benefits. KEY LINKS:   Indicator Manual   –   How to Install   -  Discord Server   –  Frequent Questions  -  All Products    Indicator features Effective and understandable signals. It can
98 USD
BoxChart MT5
Evgeny Shevtsov
The market is unfair if only because 10% of participants manage 90% of funds. An ordinary trader has slim changes to stand against these "vultures". This problem can be solved. You just need to be among these 10%, learn to predict their intentions and move with them. Volume is the only preemptive factor that faultlessly works on any timeframe and symbol. First, the volume appears and is accumulated, and only then the price moves. The price moves from one volume to another. Areas of volume accumu
31 USD
AnyProfile MT5
Evgeny Shevtsov
The indicator displays market profiles of any duration in any place on the chart. Simply create a rectangle on the chart and this rectangle will be automatically filled by the profile. Change the size of the rectangle or move it - the profile will automatically follow the changes. Operation features You can manage the indicator using the buttons on the chart and the edit boxes for entering parameters. The settings are saved for each timeframe separately. The upper right corner of the chart win
39 USD
Clusters Chart MT5
Evgeny Shevtsov
The indicator displays volume clusters or volume profiles to choose from. For trading symbols which contain the tape of deals, the indicator can perform calculations based on the tape of deals. Input variables StepPoint  - cluster step in points, if the value is zero, the step is assigned automatically. HistoryTicks  - size of tick history (for VolumeType in the mode TimeAndSales). AssociatedTimeframe  - binding the indicator to the specified timeframe of the chart, if the value is equal to
35 USD
KT Renko Patterns MT5
KEENBASE SOFTWARE SOLUTIONS
KT Renko Patterns scans the Renko chart brick by brick to find some famous chart patterns that are frequently used by traders across the various financial markets. Compared to the time-based charts, patterns based trading is easier and more evident on Renko charts due to their uncluttered appearance. KT Renko Patterns features multiple Renko patterns, and many of these patterns are extensively explained in the book titled Profitable Trading with Renko Charts by Prashant Shah. Features Tra
220 USD
FX Power 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 FX Power MT5 is the first currency strength meter with a complete history across all time frames. It analyzes the momentum and strength of all major currencies to determine high probability trades. Key
50 USD
Naked Forex Tweezer Indicator for MT5
Renaud Candel
Tweezer Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The standard Tweezer is a two bar pattern. Our enhanced version is a multi-bar pattern. We filter the patterns for you so that you only get the       best and most effective patterns   and ignore the noise. The Tweezer pattern is a simple and effective pattern to trade. The strategy that comes with the Tweezer is based on price action. The indicator does what he was designed for
147 USD
Filtro:
Claudio Jones
131
Claudio Jones 2020.06.09 16:25 
 

Very useful and accurate indicator when making a decision. Carlos Moya provides quality support. I'm happy with the results. Thanks a lot

Dunstan Wafula Namusonge
615
Dunstan Wafula Namusonge 2020.04.09 05:34 
 

Very resourceful

Responder ao comentário
Versão 3.2 2020.09.08
Resource Optimization
Versão 3.1 2020.07.27
New Functions, Trend Arrows on Chart, RSI Signal Enhancement
Versão 3.0 2020.07.16
New overpricing indicator included.
Versão 2.15 2020.06.19
Optimization of resources and minimum programming corrections.
Versão 2.14 2020.06.08
compatibility issues fix.
Versão 2.13 2020.06.08
Resource Optimization and minimal programming fixes.
Versão 2.0 2020.05.02
Display of divergence points (trend change indicator).
Versão 1.50 2020.05.02
Optimization of resources, more intuitive presentation of values.
Versão 1.10 2020.04.25
Resource Optimization.