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RSI Multi Time Frame Indicator/System

  • #121
  • Sep 14, 2020 2:59am Sep 14, 2020 2:59am
Quoting vPriVate
Thanks zoheb for your update. Just to get it right: With you new settings your ea is "nothing more" a simple RSI ea?! I'm a friend of your strategy on watching the RSI on multiple timeframes, trying to optimize it with looking for the long-term-trend and ema-indicators. I can't believe that this "RSI on H1 timeframe only"-strategy will work on long term...
Never actually thought it of it like that, but you are right!

It's live now on the journal account on the EUR/USD only. Will update on progress.
Never stop investing. Never stop improving. Never stop doing something new
  • #122
  • Sep 20, 2020 4:47am Sep 20, 2020 4:47am
As promised, I said I would share how the forward testing of the new optimised settings performed for last week on my live journal account.

The video below, outlines how my £500 growth challenge is going and then walks you through the trades RSI MTF EA trades [SPOILER: we got some trades!]

Inserted Video


Let me know if you have any questions.

Thanks,
Zoheb.
Never stop investing. Never stop improving. Never stop doing something new
  • #123
  • Sep 20, 2020 5:15am Sep 20, 2020 5:15am
Doesnt work on custom timeframe?

"2020.09.20 13:14:52.080 OGT RSI MTF Indicator v1.1 XAUUSD,M8: array out of range in 'OGT RSI MTF Indicator v1.1.mq4' (125,35)"
  • #124
  • Sep 20, 2020 6:41am Sep 20, 2020 6:41am
Subscribed to this thread! Very cool man. Thank you Zoheb.

I see good potential
  • #125
  • Sep 29, 2020 4:33am Sep 29, 2020 4:33am
Hi Zoheb and all your followers,
I'm thankful for all your terrific indicators and EA.

This morning I thought that the EA was causing me trouble, but it was me myself who did.
I added a sort of money management ea in a separate chart and forgot to reset the max profit for yesterday's demo trading. So, when the ea opened a trade it was immediately closed by this money management EA.

That made me thinking, could this function be built into your EA. It would give us the possibility to set a max loss (or max profit).

Another thing to make the EA more userfriendly than it already is: instead of having the EA in every chart, is it possible to have it in one chart only and work in every chart opened or in every chart set in de menu?

You probably noticed from my asking that I have no clue of programming, but maybe you can use my questions to make your EA even better.

This is the EA I use to protect my account:
Attached File(s)
File Type: ex4 close all orders equity DD% profitfarmer.ex4   11 KB | 581 downloads

Ben
  • #126
  • Nov 14, 2020 11:05am Nov 14, 2020 11:05am
Hi Zoheb,

I want to thank you for your indicator, I am just starting to use the version 1.2 as part of my set up. Do you think you can make the option to select the timeframe randomly? From my experience, it will be better if overbought/oversold level is between two timeframe not directly in order for example TF 5 minute and TF 1HR, or TF15 minutes and TF 1 HR.
  • #127
  • Dec 3, 2020 12:21am Dec 3, 2020 12:21am
Hi Zoheb,

I guess this EA really have potential. I have been using it on demo for a week and the return reached 25%. Thanks Zoheb.
Attached Image (click to enlarge)
Click to Enlarge Name: mtf ea.JPG Size: 84 KB
  • #128
  • Jan 17, 2021 4:33am Jan 17, 2021 4:33am
Hey Team,

I’m super excited to be releasing the anticipated OGT RSI MTF EA v1.2.

I’ve taken your feedback on board and have added two new features with this latest version.

1) Stop loss now added - Probably the most requested feature!
2) OGT RSI Indicator v1.2 filters - These filters are now built into this latest version

Check out the video below where I walk you through how to use the latest features and run a few BACK TESTS of them in action! Download now below!

Inserted Video


Attached File(s)
File Type: ex4 OGT RSI MTF EA v1.2.ex4   54 KB | 857 downloads
Never stop investing. Never stop improving. Never stop doing something new
  • #129
  • Jan 17, 2021 4:40am Jan 17, 2021 4:40am
Quoting zoheb01
Hey Team, I’m super excited to be releasing the anticipated OGT RSI MTF EA v1.2. I’ve taken your feedback on board and have added two new features with this latest version. 1) Stop loss now added - Probably the most requested feature! 2) OGT RSI Indicator v1.2 filters - These filters are now built into this latest version Check out the video below where I walk you through how to use the latest features and run a few BACK TESTS of them in action! Download now below! https://youtu.be/yJ0d-W_dUtk {file}
Lets see how it goes...☄
R:R "Percentage Focus"
  • #130
  • Jan 17, 2021 4:40am Jan 17, 2021 4:40am
Quoting crancula
Hi Zoheb, I guess this EA really have potential. I have been using it on demo for a week and the return reached 25%. Thanks Zoheb. {image}
Stats look good...
R:R "Percentage Focus"
  • #131
  • Jan 17, 2021 5:27pm Jan 17, 2021 5:27pm
Hi Zoheb01,
I am see some amazing results.
However, I have a couple of things that are strange and most likely it is my settings:

1) EA is only taking long trades.
https://www.screencast.com/t/gaKnjfDD
https://www.screencast.com/t/29D0NBm94K
https://www.screencast.com/t/bqZ1NWCpC1mM

2) EA is looking for 'OGT RSI MTF indicator v1.1'

https://www.screencast.com/t/9Exx7fWla

after adding RSI MTF v1.1
https://www.screencast.com/t/46TW8jWa


tks,
cdk
  • #132
  • Jan 19, 2021 2:40pm Jan 19, 2021 2:40pm
Quoting cdk1212
Hi Zoheb01, I am see some amazing results. However, I have a couple of things that are strange and most likely it is my settings: 1) EA is only taking long trades. https://www.screencast.com/t/gaKnjfDD https://www.screencast.com/t/29D0NBm94K https://www.screencast.com/t/bqZ1NWCpC1mM 2) EA is looking for 'OGT RSI MTF indicator v1.1' https://www.screencast.com/t/9Exx7fWla after adding RSI MTF v1.1 https://www.screencast.com/t/46TW8jWa tks, cdk
Do you allow short trades in the test-tab in the settings of the strategy tester? (buy and sell, or sell only?)

What about renaming the indicator ver. 1.1 to 1.2? Does it work?
  • #133
  • Jan 19, 2021 4:13pm Jan 19, 2021 4:13pm
Quoting vPriVate
{quote} Do you allow short trades in the test-tab in the settings of the strategy tester? (buy and sell, or sell only?) What about renaming the indicator ver. 1.1 to 1.2? Does it work?

Hi,
That's a good question & I had to check. The mt4 tester was set to long & short, already.
EA does not have a selection for long or shorts or both. No field selection for that.
Have you ran any back test and what kind of results are you seeing?

tks,
cdk
  • #134
  • Jan 19, 2021 4:29pm Jan 19, 2021 4:29pm
Quoting cdk1212
{quote} Hi, That's a good question & I had to check. The mt4 tester was set to long & short, already. EA does not have a selection for long or shorts or both. No field selection for that. Have you ran any back test and what kind of results are you seeing? tks, cdk
After I changed the strategy tester to take only shorts. Then the EA did not take any trades.
There is a bug in the EA.
  • #135
  • Jan 19, 2021 4:30pm Jan 19, 2021 4:30pm
Quoting cdk1212
{quote} Hi, That's a good question & I had to check. The mt4 tester was set to long & short, already. EA does not have a selection for long or shorts or both. No field selection for that. Have you ran any back test and what kind of results are you seeing? tks, cdk
Not tested yet, will do it later.
  • #136
  • Jan 25, 2021 1:02pm Jan 25, 2021 1:02pm
Hi Zoheb. I can't seem to replicate your v1.1 EURUSD results onto the v1.2 EA. Is there anything extra I should be enabling?

Thanks so much.
  • #137
  • Mar 28, 2021 4:41am Mar 28, 2021 4:41am
Quoting lndo
Hi Zoheb. I can't seem to replicate your v1.1 EURUSD results onto the v1.2 EA. Is there anything extra I should be enabling? Thanks so much.
If you post your settings I can take a look
Never stop investing. Never stop improving. Never stop doing something new
  • #138
  • Mar 28, 2021 4:42am Mar 28, 2021 4:42am
I've created a new video how I use the RSI MTF Indicator as a TAKE PROFIT TARGET tool while trend trading.

Check it out here:

Inserted Video
Never stop investing. Never stop improving. Never stop doing something new
  • #139
  • Mar 28, 2021 12:28pm Mar 28, 2021 12:28pm
I've managed to successfully implement the settings! I'll also take a look at the video too! Thanks for everything.
  • #140
  • Jul 2, 2021 1:49am Jul 2, 2021 1:49am
Quoting zoheb01
The long awaited OGT RSI MTF v1.2 Indicator update is finally here. First and foremost in v1.2 you can now SWITCH OFF notifications! This has been probably the most requested update for this indicator, and I'm sorry it's taken so long! Over the last year I've been noting down all your improvements, and the common theme is to filter out aggressive trends. In v1.2 I've added 6 FILTERS for you to choose from (you can disable the filters). Simply select the filter and your desired time frame to check. The filters included are: 1) Moving Average - Like...
@Zohebo1 have you tested the notification section of the indicator ?

Push notification doesn't seem to work , I'm sending a test message via the push notification in mt4 and it works , but the indicator doesn't send a push alert after a arrow appears ?
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