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Currency RSI Scalper MT4

4.2

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

Although the RSI indicator works fine for an interval of the market, it fails to generate profitable signals when the market conditions change, and hence it produces wrong signals resulting in big losses.

Have you ever thought about an adaptive RSI indicator that adapts its based on the market conditions?

The presented indicator implements an optimization algorithm that finds the best overbought and oversold levels.

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 is perfect for trading currencies (including cryptocurrencies) and binary options.

Currency RSI Scalper  for the MetaTrader 5 terminal : https://www.mql5.com/en/market/product/33032


Why choose Currency RSI Scalper

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 

    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. 

    Recommended symbols

    Currency pairs: EURUSD, EURGBP, USDCHF, AUDNZD, AUDCAD.

    Cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Ripple (XRP).


    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".
    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.


      评论 5
      DanyLbc747
      661
      DanyLbc747 2023.11.03 22:54 
       

      Good!

      Stanislav Melnikov
      556
      Stanislav Melnikov 2023.02.20 16:16 
       

      If the author makes it possible to separately configure the channel and the line separately, this will be the most useful of the paid indicators. I hope in the next update the color settings will not be reset when switching the time frame.Если автор сделает возможным отдельно настраивать канал и линию раздельными, это будет самый полезный из платных индикаторов. Надеюсь в следующем обновлении настройки цвета не будут сбрасываться при переключении таймфрейма. Использую его загрузив дважды в один подвал,настройками цвета сделал канал с одного и линию с второго индикатора, только сигналы теперь приходят как попало, было бы очень полезно, если б Вы учли это при обновлении. Спасибо

      bjedpcrt
      39
      bjedpcrt 2022.03.23 11:30 
       

      Sehr gut. Ich habe die Signale noch für mehr Profit mit zusätzlichen Regeln verfeinert, um in längeren Trends mit zu vielen Fehlsignalen, die ja für immer größere Positionen sorgen, Abhilfe zu schaffen. Ich plane hierzu einen youtube-Kanal, Näheres in Kürze, was ich dann gerne hier posten würde.

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      Italo Santana Gomes
      5 (7)
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      Gann Price Level
      Kirill Borovskii
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      Ultimate Sniper Dashboard
      Hispraise Chinedum Abraham
      4.68 (25)
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      Evgenii Aksenov
      4.88 (248)
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      Alexey Minkov
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      Oleg Rodin
      5 (13)
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      First of all Its worth emphasizing here that this Trading Tool is Non-Repainting Non-Redrawing and Non-Lagging Indicator Which makes it ideal for professional trading . The Smart Price Action Concepts Indicator is a very powerful tool for both new and experienced traders . It packs more than 20 useful indicators into one combining advanced trading ideas like Inner Circle Trader Analysis and Smart Money Concepts Trading Strategies . This indicator focuses on Smart Money Concepts providing in
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      Ferox Breakout
      Tat Dat Nguyen
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      此儀表板是與市場結構反轉指標一起使用的警報工具。它的主要目的是提醒您在特定時間範圍內的逆轉機會,以及像指標一樣重新測試警報(確認)。儀表板設計為單獨放置在圖表上,並在後台工作,以向您發送有關您選擇的貨幣對和時間範圍的警報。它是在許多人要求衝刺以同時監控多個貨幣對和時間框架而不是讓市場反轉指標在一個 MT4 中的多個圖表上運行之後開發的。它會在 M5、M15、M30、H1、H4 和 D1 時間範圍內發出警報。當然,與交易中的任何事情一樣,更高的時間框架效果最好。 該儀表板被設計為市場結構反轉指標的附加組件。它將獨立工作,並提醒市場反轉警報指標給出的模式和信號。 在此處獲取市場反轉警報指標: https://www.mql5.com/en/market/product/46295 此儀表板的 MT5 版本可在此處獲得: https://www.mql5.com/en/market/product/65828 此處提供 EA:汽車交易市場反轉警報! https://www.mql5.com/en/market/product/65383 我創建的用於繪製矩形並提醒特定貨幣對的市
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      Magic Candles 是一款新产品,可以识别当前的市场阶段(上升趋势、下降趋势或持平)。 该指标根据市场的当前状态用不同的颜色绘制条形,并通过警报向用户发出趋势变化的信号。 Magic Candles 非常适合交易货币(包括加密货币)和二元期权。 优点 适合倒卖和日内交易。 该指标不会重新绘制(重新计算),信号严格在“柱线收盘价”上生成。 它可以作为独立工具使用,也可以与其他指标一起使用。 关于新指标信号的电子邮件和移动设备通知系统。 简单的指标设置,最少的参数。 适用于任何金融工具和市场。 如何使用产品 当最后一根蜡烛的颜色从灰色变为红色时,打开卖单。 当蜡烛颜色从灰色变为绿色时,打开买入订单。 当出现灰色条时,关闭未平仓订单,因为预计会持平。 参数 Zone BUY - 买入蜡烛的颜色(默认为绿色)。 Zone SELL - 卖出蜡烛的颜色(默认为红色)。 Neutral zone - 平面颜色(默认为灰色)。 Alert - 启用/禁用警报。 如果 true - 启用, false - 禁用。 Email - 启用/禁用发送电子邮件。 如果 t
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      Evgeny Belyaev
      4 (2)
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      Evgeny Belyaev
      5 (4)
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      Evgeny Belyaev
      4.25 (12)
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      Evgeny Belyaev
      4.61 (18)
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      Every experienced trader knows that the trend lines should be paid the special attention in Forex trading. But plotting trend lines takes time, and there can be many of them on the charts… Do you want to learn how to quickly and easily automate this process? Then read on. There is a solution — smart and reliable trend line indicator, the Automatic Trendline . All you need to do is attach the indicator to the chart, and it will draw all possible trend lines for you. You just have to admire the re
      Exclusive Channel on Zig Zag is a channel indicator for the MetaTrader 4 terminal. This indicator plots a channel based on the peaks of the standard ZigZag indicator. If you trade using the ZigZag indicator or channels, then Exclusive Channel on Zig Zag will suit you perfectly. Advantages of Exclusive Channel on Zig Zag The indicator is perfect for scalping and intraday trading. Suitable for beginners and experienced traders. Works on any financial instruments and markets. Works on all timefra
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      Evgeny Belyaev
      5 (2)
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      Spread Pulse MT5
      Evgeny Belyaev
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      FREE
      Magic Histogram
      Evgeny Belyaev
      The Magic Histogram indicator is a universal tool, suitable for scalping and medium-term trading. This indicator uses an innovative formula and allows you to determine the direction and strength of the trend. Magic Histogram is not redrawn, so you can evaluate its efficiency using history data. It is most suitable for M5, M15, M30, H1 and H4. Version for the MetaTrader 5 terminal :  https://www.mql5.com/en/market/product/58448 Indicator Benefits Excellent indicator signals! Suitable for beginn
      Magic Histogram MT5
      Evgeny Belyaev
      5 (2)
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      Spread Monitoring is a unique product for analyzing a spread. Unlike most similar indicators, Spread Monitoring uses ticks rather than bars allowing you to detect abnormal spread expansions. Features Works on ticks rather than bars. Simple and easy indicator configuration. Works on all timeframes. Works on any financial instrument. No repainting. Parameters Total - number of displayed ticks. clrSpread - indicator line color.
      FREE
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      Evgeny Belyaev
      5 (1)
      Alpha Trend MT5 is a trend indicator for the MetaTrader 5 platform; it has been developed by a group of professional traders. The Alpha Trend MT5 indicator finds the most probable tendency reversal points, which allows making trades at the very beginning of a trend. This indicator features notifications, which are generated whenever a new signal appears (alert, email, push-notification). This allows you to open a position in a timely manner. Alpha Trend does not redraw, which makes it possible t
      The   Advanced Trend Scalper  indicator is designed to help both novices and professional traders. The indicator analyses the market and gives you buy and sell signals. It does not use any other indicators, it works only with the market actions. The signal appears right after the candle close and it does not repaint. The efficient algorithm provides a high degree of reliability of such signals.  Advanced Trend Scalpe r  for the MetaTrader 5 terminal :  https://www.mql5.com/en/market/product/3334
      The Psychological levels indicator for the MetaTrader 4 terminal. Forex trading is very closely related to psychology. The psychological factors often cause spikes in demand or supply, which is bound to affect the movement of the currency quotes. In Forex, the price usually moves within a certain price corridor, the so-called psychological levels often serve as the boundaries of such corridors. Where are these levels located, and what causes their formation? The psychological Forex levels occur
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      Evgeny Belyaev
      3 (2)
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      Magic Pivot
      Evgeny Belyaev
      Magic Pivot is a professional indicator for finding the support and resistance lines; it has been developed by a group of professional traders. The indicator plots three support lines and three resistance lines, where a price reversal is highly probable. Magic Pivot is an excellent tool for scalping and intraday trading.   Advantages High accuracy of signals. Suitable for scalping and intraday trading. The indicator does not redraw. Simple indicator setup, minimum parameters. Works on any finan
      Click Info
      Evgeny Belyaev
      The Click Info is a simple utility that allows the trader to quickly receive information about the High, Low, Open, Close, Time values of the current chart. In order to receive information about a bar, it is necessary to left-click the selected candle. Depending on the settings, either a pop-up Alert or a Comment with the information appears. Information on the bar values (High, Low, Open, Close, Time) can be extremely useful in practice of trading using graphical analysis, evaluation of the Pri
      Exclusive Average is a custom trend indicator based on the standard Simple Moving Average with an improved operation logic. Signals for Position Opening: Open Buy when the price crosses the indicator line upwards. Open Sell when the price crosses the indicator line downwards. Advantages Good signals. The indicator does not repaint. Sending signals to email and mobile devices. Exclusive Average indicator parameters Indicator_Period - indicator calculation period. SendPush - sending push notif
      The "Volumes Alert Push Mail" is an indicator for the MetaTrader 4, which is based on the standard Volumes indicator with functions for generating alerts, sending messages to email and mobile terminals. Advantages of the "Volumes Alert Push Mail" indicator Highly customizable visualization. Receiving signals in any way possible: emails, push-notifications and alerts. Free technical support from the developer. Parameters Volume - indicator value for sending the messages. Bar - the setting
      Exclusive Trendline
      Evgeny Belyaev
      4.33 (3)
      Every experienced trader knows that the trend lines should be paid attention in Forex trading. But plotting trend lines takes time, and there can be many of them on the chart as well... Yikes!!! Do you want to know how to easily and simply automate this process? Then read on. There is a solution - a smart and reliable indicator of trend lines - the Exclusive Trendline . All you need to do is attach the indicator to the chart, and it will draw all possible trend lines for you. You just have to ad
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      Evgeny Belyaev
      5 (1)
      The EW oscillator is an indicator for the MetaTrader 4 based on mathematical calculations on the price chart. Distinctive features Generates minimum false signals. Excellent for identifying trend reversals. Perfect for scalping. Simple and easy indicator configuration. Suitable for working on the smaller timeframes (up to H4). Works on any financial instrument. Recommended symbols EURUSD, EURGBP, USDCHF, AUDNZD, AUDCAD, GOLD. Recommendations on usage The buy signal is formed when the level
      Eldorado MT4
      Evgeny Belyaev
      Eldorado MT4 is a new MetaTrader 4 indicator based on a digital filter, it has been developed by a professional trader. By purchasing this indicator, you will receive: Excellent indicator signals! Free product support. Regular updates. You can use it on any financial instrument (Forex, CFD, options) and timeframe. Simple indicator setup, minimum parameters. Signals for Position Opening: Open Buy when the channel goes up. Open Sell when the channel goes down. Recommended Usage It is recommended t
      List swap MT4
      Evgeny Belyaev
      The List swap is an indicator for the MetaTrader 4 platform, which allows to display swaps for all symbols (available in the Market Watch). When using the free demo version, you need to remember that the Strategy Tester of the MetaTrader 4 does not provide the ability to obtain data on other symbols. In the Strategy Tester, the swap information will be displayed only for the symbol the indicator is attached to. The indicator can be useful for traders utilizing the "Carry trade" strategy, as well
      Volatility Pro
      Evgeny Belyaev
      The Volatility Pro is a professional indicator for the MetaTrader 4 platform This indicator can be used to calculate the volatility using two methods. It is also possible to apply a moving average to the volatility histogram. This indicator allows to easily identify the bars with high volatility, and it will also be useful for traders who trade the volatility breakouts. By purchasing this indicator, you will receive: Excellent indicator signals. Free product support. Regular updates. Unique in
      Exclusive Trend
      Evgeny Belyaev
      5 (3)
      Exclusive Trend is a trend indicator that can be used for scalping, as well as intraday trading. Advantage of indicator: Generates minimum false signals. Perfect for scalping. Simple and easy indicator configuration. Recommendations on usage It is recommended to use the indicator during session movements to reduce the likelihood of falling into flat. Period M1 to D1. Trending currency pairs: GBPUSD, EURUSD, AUDUSD. Signals for Position Opening: Open Buy when the indicator is blue. Open Sel
      Exclusive Oscillator is a new trend indicator for MetaTrader 4, which is able to assess the real overbought/oversold state of the market. It does not use any other indicators and works only with the market actions. The indicator is easy to use, even a novice trader can use it for trading. Exclusive Oscillator    for the MetaTrader 5 terminal :  https://www.mql5.com/en/market/product/22300 Advantages Generates minimum false signals. Suitable for beginners and experienced traders. Simple and eas
      MA on Fractals
      Evgeny Belyaev
      MA on Fractals is a professional trend-following indicator for MetaTrader 4 . It builds a moving average using Bill Williams' fractals. We believe that MA on Fractals is much more efficient than a standard moving average. Its combination with other indicators allows receiving more accurate trading signals. It is most suitable for M15, M30, H1 and H4. Advantages Unique indicator. Generates minimum false signals. Suitable for beginners and experienced traders. Simple and easy indicator configur
      Ticks Line Chart
      Evgeny Belyaev
      Ticks Line Chart is a professional indicator for the MetaTrader 4 platform. This indicator allows displaying a tick chart in a separate window, so that you can see price changes inside bars. Note that the Strategy Tester of the MetaTrader 4 trading platform only shows the static spread, that is why in in the tester the distance between the ASK and Bid prices will always be the same. Indicator Benefits Perfect for scalping. A unique indicator, there are no free analogues. Using the flexible ind
      筛选:
      DanyLbc747
      661
      DanyLbc747 2023.11.03 22:54 
       

      Good!

      Issam Khettabi
      755
      Issam Khettabi 2023.05.20 03:34 
       

      useless

      Stanislav Melnikov
      556
      Stanislav Melnikov 2023.02.20 16:16 
       

      If the author makes it possible to separately configure the channel and the line separately, this will be the most useful of the paid indicators. I hope in the next update the color settings will not be reset when switching the time frame.Если автор сделает возможным отдельно настраивать канал и линию раздельными, это будет самый полезный из платных индикаторов. Надеюсь в следующем обновлении настройки цвета не будут сбрасываться при переключении таймфрейма. Использую его загрузив дважды в один подвал,настройками цвета сделал канал с одного и линию с второго индикатора, только сигналы теперь приходят как попало, было бы очень полезно, если б Вы учли это при обновлении. Спасибо

      bjedpcrt
      39
      bjedpcrt 2022.03.23 11:30 
       

      Sehr gut. Ich habe die Signale noch für mehr Profit mit zusätzlichen Regeln verfeinert, um in längeren Trends mit zu vielen Fehlsignalen, die ja für immer größere Positionen sorgen, Abhilfe zu schaffen. Ich plane hierzu einen youtube-Kanal, Näheres in Kürze, was ich dann gerne hier posten würde.

      tsany
      481
      tsany 2022.01.27 12:54 
       

      Выглядит обещающее! Спасибо!

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