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Attachments: RSI 50 X Scalping System
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RSI 50 X Scalping System

  • #241
  • Edited 8:46am Mar 17, 2023 8:17am | Edited 8:46am
Quoting niks
{quote} not sure, could be memory issue after changing timeframes, try removing and adding the indicator back in, if the line reappears, have a look at the journal for the lines timestamp and take note of the numbers in the two lines following it and send them to me - the higher timeframes may be the issue, should be a simple fix, its currently hard coded to account for max 15M timeframe
Green line did not reappear after I removed indi and reinstalled it. Switching time frames without removing indi creates issues.

I am also getting multiple green lines issues
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  • #242
  • Mar 17, 2023 8:55am Mar 17, 2023 8:55am
Quoting niks
{quote} not sure, could be memory issue after changing timeframes, try removing and adding the indicator back in, if the line reappears, have a look at the journal for the lines timestamp and take note of the numbers in the two lines following it and send them to me - the higher timeframes may be the issue, should be a simple fix, its currently hard coded to account for max 15M timeframe
I think solution of RSI 70 and 210 works fine...is it possible to make an alert when they actually push above 50 within 1- 10(user preference) 1 min bars?
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  • #243
  • Mar 17, 2023 9:09am Mar 17, 2023 9:09am
Quoting driven18
{quote} I think solution of RSI 70 and 210 works fine...is it possible to make an alert when they actually push above 50 within 1- 10(user preference) 1 min bars? {image}
yes, i was planning to do that, currently its shifted by -2, but not until the weekend

i just tested higher TF's 1H and 4H RSI's on the 1M chart and they worked fine, a lot less obviously, but they were all correct, the only advice i can give is remove it, add it back in, wait at least a couple of minutes, then refresh the chart and they should appear correctly

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every minute matters!
  • #244
  • Mar 17, 2023 5:10pm Mar 17, 2023 5:10pm
I have run the indicator through the tester and and noticed that signal shows 22 candle backward in tester from my current position.
Once the tester printed the candle at 0630, indicator printed the signal at 0130 backwards.
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Not sure if this is intended.
Help to be helped.
  • #245
  • Edited Mar 18, 2023 1:25am Mar 17, 2023 7:17pm | Edited Mar 18, 2023 1:25am
Quoting Lazar83
I have run the indicator through the tester and and noticed that signal shows 22 candle backward in tester from my current position. Once the tester printed the candle at 0630, indicator printed the signal at 0130 backwards. {image} Not sure if this is intended.
no, that is not intentional, just a by product of dealing with multi timeframes, and should now be fixed in the attached version - i added an extra input so you can set the X line to white in order to see it on a black chart as well

this version also has updated indicator short name and plot labels based on selected timeframes and the ability to shift the signal line by up to 10 bars forward, 0 keeps it as it is

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Attached File(s)
File Type: ex5 MultiTFRSI.ex5   25 KB | 467 downloads
every minute matters!
  • #246
  • Edited 7:39am Mar 19, 2023 6:51am | Edited 7:39am
  •  mrsoap
  • Joined Nov 2015 | Status: Forex Account Recovery Specialist | 17 Posts
I have been using RSI 50 for the last many years.

checkout this thread for a good dashboard that can be customized as per your requirements.

https://www.forexfactory.com/thread/...trading-system

download hitman 1.3, the final version of the indicator from this post https://www.forexfactory.com/thread/...49#post7766049

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  • #247
  • Mar 19, 2023 8:24am Mar 19, 2023 8:24am
Quoting mrsoap
I have been using RSI 50 for the last many years. checkout this thread for a good dashboard that can be customized as per your requirements. https://www.forexfactory.com/thread/...trading-system download hitman 1.3, the final version of the indicator from this post https://www.forexfactory.com/thread/...49#post7766049 {image}
Hey mate, that thread is so confusing hahahah, can you give us some context on how you use it sir?
  • #248
  • Mar 19, 2023 8:49am Mar 19, 2023 8:49am
I'm attaching EA that made by rule as below;

1. When RSI 70 and RSI 210 both cross 50 line in same 1 min candle

2. SL is +/-2pips recent low/high (I used ZZ setting 4/3/3)

3. TP is 1:1 ratio

4. $1,000 per 0.1 lot

But, EA losing money.
Let me know if I missed something, or need to add something to make is profitable.
Attached File(s)
File Type: ex4 MTFRSI.ex4   171 KB | 304 downloads
  • #249
  • Mar 19, 2023 10:22am Mar 19, 2023 10:22am
  •  mrsoap
  • Joined Nov 2015 | Status: Forex Account Recovery Specialist | 17 Posts
Quoting Outcast918
{quote} Hey mate, that thread is so confusing hahahah, can you give us some context on how you use it sir?
There is a pdf guide file in the zipped folder. You can read on how to use it effectively.

I trade on 4 hr chart, but also compare it with the daily chart.

See this video
Inserted Video
  • #250
  • Mar 26, 2023 10:08am Mar 26, 2023 10:08am
Hi totomagic, great system, I love RSI
For MT4 users (and others platforms) you can use in M1 this settings: RSI 5 and RSI 75 (5*5*3=75) same MTF, no repainting issue.
Attached Image (click to enlarge)
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Attached File(s)
File Type: tpl M1 RSI 5 M15 RSI 75.tpl   1 KB | 590 downloads
Humble & Kalcker CLO2 = Covid killer
  • #251
  • Mar 30, 2023 8:23am Mar 30, 2023 8:23am
Quoting niks
{quote} here is final version with red and green lines, multiple lines issue should be resolved, and they will be deleted when the indicator is removed... THERE WILL BE NO MT4 VERSION - JUST MT5 {image} (updated version below)


Hello! Could you help me to detect the error in line 78 of the mql5 code below (Thank you in advance):


#property indicator_chart_window
#property indicator_buffers 2
#property indicator_plots 2
// Indicator parameters
input int RSI_Period = 14;
input int Buy_Level = 30;
input int Sell_Level = 70;
input string Push_Notif_Title = "RSI Alert";
input string Push_Notif_Buy = "RSI Buy Signal";
input string Push_Notif_Sell = "RSI Sell Signal";
// Indicator buffers
double RSI_Buffer[];
double Level_Buffer[];
// Handle for push notification
int Push_Notif_Handle;
// Indicator initialization function
int OnInit()
{
// Define the properties of indicator buffers
SetIndexStyle(0, DRAW_LINE);
SetIndexBuffer(0, RSI_Buffer);
SetIndexLabel(0, "RSI");
SetIndexDrawBegin(0, RSI_Period);
SetIndexStyle(1, DRAW_LINE);
SetIndexBuffer(1, Level_Buffer);
SetIndexLabel(1, "Level");
SetIndexDrawBegin(1, RSI_Period);
// Create the push notification
Push_Notif_Handle = PushNotificationCreate();
// Returns "true" to indicate successful initialization
return (INIT_SUCCEEDED);
}
// Indicator calculation function
int OnCalculate(const int rates_total,
const int prev_calculated,
const datetime &time[],
const double &open[],
const double &high[],
const double &low[],
const double &close[],
const long &tick_volume[],
const long &volume[],
const int &spread[])
{
// Calculate the RSI for each bar
ArraySetAsSeries(RSI_Buffer, true);
ArraySetAsSeries(Level_Buffer, true);
int limit = rates_total - prev_calculated;
for (int i = limit; i >= 0; i--)
{
RSI_Buffer[i] = iRSI(NULL, 0, RSI_Period, PRICE_CLOSE, i);
Level_Buffer[i] = Buy_Level;
if (RSI_Buffer[i] >= Sell_Level)
{
Level_Buffer[i] = Sell_Level;
// Send a push notification if the RSI reaches the defined sell level
PushNotificationSend(Push_Notif_Handle, Push_Notif_Title, Push_Notif_Sell);
}
else if (RSI_Buffer[i] <= Buy_Level)
{
Level_Buffer[i] = Buy_Level;
// Send a push notification if the RSI reaches the defined buy level
PushNotificationSend(Push_Notif_Handle, Push_Notif_Title, Push_Notif_Buy);
}
}
// Returns "rates_total" to indicate that the calculation was successful
return (rates_total);
}
  • #252
  • Apr 28, 2023 7:23am Apr 28, 2023 7:23am
hi thanks, sir for sharing this system I have coded indicators using chatgpt and I will share the entry and results which are live back results looks good below is the screen shot uploaded I will add some examples rsi is 5/15 tf is 1 min
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  • #253
  • Apr 30, 2023 6:54am Apr 30, 2023 6:54am
Hi, guys. What are the default settings for this strategy? I see different parameters on the pages. What is the main concept?
  • #254
  • May 1, 2023 1:40am May 1, 2023 1:40am
Quoting sunnybgc
hi thanks, sir for sharing this system I have coded indicators using chatgpt and I will share the entry and results which are live back results looks good below is the screen shot uploaded I will add some examples rsi is 5/15 tf is 1 min {image} {image} {image}
Hello, how are test going?
  • #255
  • May 3, 2023 12:49pm May 3, 2023 12:49pm
Quoting tyler0315
I'm attaching EA that made by rule as below; 1. When RSI 70 and RSI 210 both cross 50 line in same 1 min candle 2. SL is +/-2pips recent low/high (I used ZZ setting 4/3/3) 3. TP is 1:1 ratio 4. $1,000 per 0.1 lot But, EA losing money. Let me know if I missed something, or need to add something to make is profitable. {file}
Very good, is there a chance you can share the source code of it, to make a few improvements, thanks.
  • #256
  • May 22, 2023 11:36am May 22, 2023 11:36am
Quoting sunnybgc
hi thanks, sir for sharing this system I have coded indicators using chatgpt and I will share the entry and results which are live back results looks good below is the screen shot uploaded I will add some examples rsi is 5/15 tf is 1 min {image} {image} {image}
Good job. Any possibility you could share your indicators?
  • #257
  • May 26, 2023 9:39am May 26, 2023 9:39am
Hello All! How is everyone getting on with this strategy? Based on my testing, it looks good so far.

Has anyone got an indicator that gives alerts when the entry signal presents itself?
  • #258
  • May 26, 2023 10:16am May 26, 2023 10:16am
Quoting Silkysilv
Hello All! How is everyone getting on with this strategy? Based on my testing, it looks good so far. Has anyone got an indicator that gives alerts when the entry signal presents itself?
sorry but ,its a lagging indicator so that means when u see a entry signal it means that its already happend,
forward test it and see
  • #259
  • Jul 19, 2023 8:10am Jul 19, 2023 8:10am
I wonder if this valid or not ?
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  • #260
  • Aug 11, 2023 9:00am Aug 11, 2023 9:00am
Quoting totomagic
{image}
hi mate. Can you please share the name of the indicator in trading view for MTF RSI? Thanks heaps
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