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RSI Dash

  • #381
  • Jan 17, 2023 1:20pm Jan 17, 2023 1:20pm
Quoting RoyPK
{quote} Hi cja, Could you please check. The RSI dash indicator and the actual RSI indicator are showing two different readings. Please see the attached chart. Thanks. RoyPK{image}
You might want to check the settings for RSI on both indicators. The RSI Dash uses a Median Price as the default whereas RSI typically uses a Closed Price.
Trade what you see not what you hope
  • #382
  • Edited 11:16am Mar 12, 2023 7:44am | Edited 11:16am
Quoting cja
{quote} Apologies I got the shift up/down and sideways the wrong way around on this indicator so I have posted an update. {file} {image} An update : I thought it might be helpful to show the RSI and Timeframe. It has an Unique ID value ( change the value for each indicator loaded on the chart ) so you can now load several indicators onto the same chart. NOTE : A small update to the Timeframe code to show the Timeframe Label when current is selected. {file} {image}
Hi CJA, if possible can you please modify this indicator to calculate Rsi signal cross by it either changing colors from red to green, red for when the rsi crosses below the signal line and green for when the rsi crosses above the signal line and would it be possible if you can also add x and y positioning so the dash isn't overlapping when i change the unique id to monitor different timeframes of the same currency pair?
  • #383
  • Mar 12, 2023 4:58pm Mar 12, 2023 4:58pm
Quoting jonjon0711
{quote} Hi CJA, if possible can you please modify this indicator to calculate Rsi signal cross by it either changing colors from red to green, red for when the rsi crosses below the signal line and green for when the rsi crosses above the signal line and would it be possible if you can also add x and y positioning so the dash isn't overlapping when i change the unique id to monitor different timeframes of the same currency pair?
Have you actually used the indicator??? It already has everything you are asking for.
Trade what you see not what you hope
  • #384
  • Mar 12, 2023 5:13pm Mar 12, 2023 5:13pm
Quoting cja
{quote} Have you actually used the indicator??? It already has everything you are asking for.
👋 Yes CJA, I have but I don’t see an average period or signal period setting and was wondering if you could please possibly add it so that I can manually change it as it’s required?
  • #385
  • Mar 12, 2023 5:42pm Mar 12, 2023 5:42pm
Quoting jonjon0711
{quote} 👋 Yes CJA, I have but I don’t see an average period or signal period setting and was wondering if you could please possibly add it so that I can manually change it as it’s required?
OK so please explain what you mean by a signal period and average period?
Trade what you see not what you hope
  • #386
  • May 14, 2023 3:09am May 14, 2023 3:09am
Hi, maybe this dashboard is also good.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_Û²Û°Û²Û³-Û°Ûµ-Û±Û´-Û±Û±-Û²Û³-ÛµÛµ-Û¸Û¹Û´_com.microsoft.rdc.android.jpg Size: 1.1 MB
Attached File(s)
File Type: ex4 Stronger display RSI Signal.ex4   34 KB | 444 downloads
Learning, science and knowledge are beautiful.
  • #387
  • May 14, 2023 3:14am May 14, 2023 3:14am
Attached File(s)
File Type: ex4 Stronger display RSI Signal 2Line.ex4   36 KB | 505 downloads

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_Û²Û°Û²Û³-Û°Ûµ-Û±Û´-Û±Û±-Û´Û²-Û³Û¶-ÛµÛµÛ·_com.microsoft.rdc.android.jpg Size: 1.0 MB
Learning, science and knowledge are beautiful.
  • #388
  • Sep 27, 2023 3:13pm Sep 27, 2023 3:13pm
Quoting cja
{quote} Desculpas, mudei para cima/para baixo e para o lado errado neste indicador, então publiquei uma atualização. {file} {image} Uma atualização: achei que seria útil mostrar o RSI e o prazo. Ele possui um valor de ID exclusivo (alterar o valor de cada indicador carregado no gráfico) para que agora você possa carregar vários indicadores no mesmo gráfico. NOTA: Uma pequena atualização no código do intervalo de tempo para mostrar o rótulo do intervalo de tempo quando o atual é selecionado. {arquivo} {imagem}

If this indicator measured values with the candle alive, it would be perfect, but it measures closing.
  • #389
  • Edited 10:34pm Sep 27, 2023 10:01pm | Edited 10:34pm
Quoting romulorios
{quote} If this indicator measured values with the candle alive, it would be perfect, but it measures closing.
I think you need to have another look at the indicator. If the Select Current or Closed Price is set to Use Current Price the values update in real time. I also use the RSI Close price when using RSI not the Median Price which is the default price for the indicator.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 16 KB
Trade what you see not what you hope
  • #390
  • Dec 10, 2023 7:28am Dec 10, 2023 7:28am
Quoting Erebus
{quote} Looks great, chuck this on the other side of your charts for guidance and confirmation {image} {file}
Do you have any mq5 versions of the currency strength meter dash available for download I would really like to add this to my trading strategy. thx!!!
  • #391
  • Dec 13, 2023 6:36am Dec 13, 2023 6:36am
I think RSI is one of the most accurate indicators. I often use the RSI indicator in my manual trading and have achieved good results.
  • #392
  • Last Post: Feb 1, 2024 12:49pm Feb 1, 2024 12:49pm
Quoting D.Trader
{file} {image}
D.Trader,

I guess the calculation, the dashboard is alerting sooner that it should, don't know if it's calculations, or something in the logic.

the values are different and the dashboard alerts to open a trade, been watching since last night....
as far as i under stand should alert when ALL time frames are below, or over the selected levels

my setup is rsi 8, close price, levels 45-55

Please advice,
Attached Image (click to enlarge)
Click to Enlarge Name: rsi dash4 mark.png Size: 192 KB

kind Regards.
RIPE
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