RSI Div Alert with Additional SMA Filter | Forex Factory

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RSI Div Alert with Additional SMA Filter

  • #1
  • First Post: Jul 7, 2017 10:28am Jul 7, 2017 10:28am
Dear tech Gurus,

Similar to MACD Divergence with SMA filter from this thread. I would like to make similar open request for all to be done but this time on RSI divergence. its job is to help MACD with SMA 9 Filter to catch similar market's behavior

Alert Condition:
100% the same like MACD Div Alert with SMA filter, Both bearish/bullish classic and hidden divergences need an addition filter from MACD SMA 9

Thanks in advance and as always may abundance of good karma be with whoever could give a hand creating this indicator!
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File Type: ex4 RSI_Divergence_v2.ex4   35 KB | 698 downloads
File Type: mq4 RSI_Divergence_v2.mq4   12 KB | 865 downloads
If you have to make a mistake, make sure it is a new one
  • #2
  • Jul 7, 2017 10:34am Jul 7, 2017 10:34am
Inserted Video
If you have to make a mistake, make sure it is a new one
  • #3
  • Dec 30, 2018 7:47am Dec 30, 2018 7:47am
Nice indicator, i did someting similar..
but to make it more clear i suggest to draw the arrow 2 bars after the current position.
That is because in this function, for example, you check the value of the rsi next to the current position (shift):
Inserted Code
bool IsIndicatorPeak(int shift)
{
    if(rsi[shift] >= rsi[shift+1] && rsi[shift] > rsi[shift+2] &&
        rsi[shift] > rsi[shift-1])
        return(true);
    else
        return(false);
}
  • #4
  • Last Post: Dec 30, 2018 11:29am Dec 30, 2018 11:29am
Quoting Komugi
https://www.youtube.com/watch?v=tnHlB8aQp3Y
if you are not there breathing some air you will not relax
relaxing in front of your device is a myth
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