Custom RSI Indicator Arrow Not Working | Forex Factory

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Custom RSI Indicator Arrow Not Working

  • #1
  • First Post: Jul 1, 2015 6:32pm Jul 1, 2015 6:32pm
Hello, I'd appreciate if any programmer here can help me fix this indicator. It should show a blue arrow when RSI(4) is above 50 and a red arrow when RSI(4) is below 50.
Right now the indicator either shows all blue arrows for every bar or all red arrows for every bar. Thanks in advance!
Attached File(s)
File Type: mq4 MyRSIIndicator.mq4   3 KB | 1,207 downloads
  • #2
  • Edited 9:21pm Jul 1, 2015 6:45pm | Edited 9:21pm
Quoting bientos
Hello, I'd appreciate if any programmer here can help me fix this indicator. It should show a blue arrow when RSI(4) is above 50 and a red arrow when RSI(4) is below 50. Right now the indicator either shows all blue arrows for every bar or all red arrows for every bar. Thanks in advance! {file}
Try this

EDIT indicator removed - new modification attached to post #5
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  • #3
  • Jul 1, 2015 7:26pm Jul 1, 2015 7:26pm
Wow, Gumrai. Thanks very much for the (extremely) fast reply!
There's both buy and sell arrows now but they are not accurate. For example, when RSI went above 50, signals don't show right away but later(see screenshot).
Also, it should be 1 buy arrow followed by 1 sell arrow alternating.

Strange eh? Any more ideas? Thanks so much for your time.
Attached Image (click to enlarge)
Click to Enlarge Name: rsi_arrow.png Size: 18 KB
  • #4
  • Jul 1, 2015 8:43pm Jul 1, 2015 8:43pm
Hi,
You did say "It should show a blue arrow when RSI(4) is above 50 and a red arrow when RSI(4) is below 50." Nothing about alternate arrows. I just corrected the code to use the correct values. I will look at the code more closely and make some changes
I don't understand why some arrows are missing on your screenshot, you can get an effect like this when a timeframe is updating. Try changing timeframes and then changing back.
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  • #5
  • Jul 1, 2015 8:50pm Jul 1, 2015 8:50pm
I have made changes so that it will only draw the arrows when the bar closes and when there is an actual cross of the RSI level
Attached File(s)
File Type: mq4 MyRSIIndicator_mod2.mq4   3 KB | 1,311 downloads
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  • #6
  • Jul 2, 2015 11:18am Jul 2, 2015 11:18am
Thank you very much for your help Gumrai. Everything seems to be working now.
All the best friend!
  • #7
  • Jul 2, 2015 11:13pm Jul 2, 2015 11:13pm
You're welcome bientos.
I left the indicator on the chart and found that it is giving a pop-up alert on every bar.
The code for the alert is the same as the original as I didn't look at that.
I've now modified it so that it only alerts when a new arrow appears. Also added the option in the inputs to switch the alerts on and off
Attached File(s)
File Type: mq4 MyRSIIndicator_mod3.mq4   3 KB | 1,653 downloads
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  • #8
  • Apr 6, 2016 7:19am Apr 6, 2016 7:19am
Hi
Gumrai

I hv One indicator where when the signals( arrows) Arrives then some times arrows are dissappearing.

So, Can U code this Indicator So, that arrows Must dissappear and must stay for ever even on loosing trades.

Pls help me bro

Below are the mq4 files of indicators.
Attached File(s)
File Type: ex4 FxSoni_Entry_v3.ex4   20 KB | 657 downloads
File Type: mq4 FxSoni_Entry_v3.mq4   5 KB | 852 downloads
  • #9
  • Apr 6, 2016 7:47am Apr 6, 2016 7:47am
Quoting nag123
Hi Gumrai I hv One indicator where when the signals( arrows) Arrives then some times arrows are dissappearing. So, Can U code this Indicator So, that arrows Must dissappear and must stay for ever even on loosing trades. Pls help me bro Below are the mq4 files of indicators. {file} {file}
Sorry, that is decompiled code.
Most coders will not work with decompiled code and I am one of them.
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  • #10
  • Jul 9, 2019 9:43pm Jul 9, 2019 9:43pm
Hello.
can someone help me.
how to make a arrow like in the picture on the RSI indicator?
can someone give me the code?
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20190710_092535.jpg Size: 309 KB
  • #11
  • Last Post: Dec 12, 2021 3:51pm Dec 12, 2021 3:51pm
Quoting Gumrai
You're welcome bientos. I left the indicator on the chart and found that it is giving a pop-up alert on every bar. The code for the alert is the same as the original as I didn't look at that. I've now modified it so that it only alerts when a new arrow appears. Also added the option in the inputs to switch the alerts on and off {file}

Hi, it is possible to add two levels, example if cross at 60 to up give arrow and if cross 40 to low give arrow signal.

default perimeters

rsi 14
buy level 60
sell level 40

thanks.
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