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Twin RSI - simple trading strategy

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  • Post #121
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  • Feb 16, 2023 7:55am Feb 16, 2023 7:55am
  •  Chongrux
  • | Joined Feb 2021 | Status: Member | 19 Posts
Quoting Chongrux
Disliked
{quote} edition of Trend RSI indicator *add MA9-45 indy {image} {file} {file} {file} {file} {file} {file} {image} {image} {image}
Ignored
add % Change
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Size: 47 KB
Attached File(s)
File Type: ex4 percent_CHG_.ex4   35 KB | 24 downloads
 
1
  • Post #122
  • Quote
  • Feb 16, 2023 9:18am Feb 16, 2023 9:18am
  •  Lim001
  • Joined Jan 2013 | Status: Member | 26 Posts
Quoting Chongrux
Disliked
{quote}
add % Change {image} {file}
Ignored
Thank you for your kind feed back and the % change indicator
May I know what are the base values used for calculating the % changes?
 
 
  • Post #123
  • Quote
  • Feb 16, 2023 10:06am Feb 16, 2023 10:06am
  •  Chongrux
  • | Joined Feb 2021 | Status: Member | 19 Posts
Quoting Lim001
Disliked
{quote} Thank you for your kind feed back and the % change indicator May I know what are the base values used for calculating the % changes?
Ignored
Dear sir
please see mq4 file
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File Type: mq4 percent_CHG_.mq4   15 KB | 31 downloads
 
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  • Post #124
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  • Feb 18, 2023 9:58am Feb 18, 2023 9:58am
  •  Chongrux
  • | Joined Feb 2021 | Status: Member | 19 Posts
ADD indicator RSI on chart for estimate OB and OS Zone on chart

concept RSI on chart
RSI( it is = median )
median = (N+1)/2; N= EMA
if RSI 14 = (EMA+1)/2

EMA= (14*2)-1
= 28-1
= 27
RSI14 = EMA 27
if price close above EMA27 = RSI14 above 50 level
Attached Image(s) (click to enlarge)
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Name: screenshot.png
Size: 82 KB
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Name: screenshot.png
Size: 60 KB
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Name: screenshot.png
Size: 77 KB
Attached File(s)
File Type: ex4 RSI_on_price_v2.ex4   14 KB | 25 downloads
File Type: mq4 RSI_on_price_v2.mq4   6 KB | 35 downloads
1
1
  • Post #125
  • Quote
  • Feb 18, 2023 10:28am Feb 18, 2023 10:28am
  •  Chongrux
  • | Joined Feb 2021 | Status: Member | 19 Posts
Estimate EURUSD
and add indy support and resistance and channel
Attached Image (click to enlarge)
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Name: screenshot.png
Size: 68 KB
Attached File(s)
File Type: ex4 AutoTrendChannels.ex4   174 KB | 44 downloads
File Type: ex4 Support&Resistance.ex4   87 KB | 40 downloads
 
1
  • Post #126
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  • Mar 18, 2023 4:36pm Mar 18, 2023 4:36pm
  •  reteid2222
  • Joined Aug 2015 | Status: Member | 2,521 Posts
Looks interesting on first look... so why not work on it and put some filters to it....
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Vucking good EA coder...
 
 
  • Post #127
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  • Last Post: Mar 21, 2023 7:35am Mar 21, 2023 7:35am
  •  Chongrux
  • | Joined Feb 2021 | Status: Member | 19 Posts
New concept
Power RSI
•I Revised and used EMA 20-EMA100
1.FAST EMA =9

2.SLOW EMA=27

3.RSI(14 Period)
4.ADX (14 Period)

For Buy:
• FAST EMA(9) Cross above SLOW EMA(27)
•ADX >25
•Di(+)>25
•RSI>56 &RSI<70 (Range 56=69.9) & RSI current >RSI Previous(1)

For Sell:
• FAST EMA(9) Cross Below SLOW EMA(27)
• ADX >25
• Di(-)>25
•RSI<44 , RSI>30(Range 44-29.9) & RSI current <RSI Previous(1)


*** Exit
•- EMA9 has crossed below EMA27
•SL :ATR 14-Day(point) (Auto) but can change time frame
•TP : ATR 14- H4 (point) (Auto but can change time frame
•Trailing: ATR14-H1
Attached Image(s) (click to enlarge)
Click to Enlarge

Name: screenshot.png
Size: 46 KB
Click to Enlarge

Name: screenshot.png
Size: 67 KB
Attached File(s)
File Type: ex4 All_ADX-edition.ex4   19 KB | 15 downloads
File Type: ex4 All_RSI-edition-2.ex4   14 KB | 15 downloads
File Type: ex4 Power_RSI-EP08.ex4   24 KB | 16 downloads
File Type: ex4 MA_9_27.ex4   17 KB | 13 downloads
 
 
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