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

  • #261
  • Sep 12, 2023 9:37am Sep 12, 2023 9:37am
Hi guys i noticed a problem in the indicator shown in few page before
Look at this for example it works great but at the end it's doing a few noises and i need to refresh every 15mins to see it. Anybody got this problem too?
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Trend following
  • #262
  • Sep 17, 2023 3:45pm Sep 17, 2023 3:45pm
Quoting totomagic
RSI 50 X(cross) Scalping System RULES NO Trolls. NO discussion of other non related systems. NO discussion of commercial materials (Brokers, Paid Products, etc) NO attacking and disrespecting other members. You can add tweaks to the system, but NOT change the Main Concept! Sharing other indicators not related will be ignored. This group focus on manual leaning approach, automation is not the strategy Using the thread as means in getting monetary benefits like donations RULE BREAKERS WILL BE IGNORED WITHOUT NOTICE! Disclaimer - I've been trading...
I don't know if i set it write but i have been testing it on 15 mins time frame and its working... Is this the right way to do it?
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  • #263
  • Oct 30, 2023 3:31am Oct 30, 2023 3:31am
hii Totomagic....
I'm liking your system here...
Do share more of your trades... entry and exit

Thanks
Lets make some green pips
  • #264
  • Nov 22, 2023 10:58pm Nov 22, 2023 10:58pm
Quoting kadak
I wonder if this valid or not ? {image}
Hello, the only for cTrader platform?
  • #265
  • Nov 25, 2023 2:00pm Nov 25, 2023 2:00pm
Hi,

Glad to see someone with an RSI strategy.

I use RSI, too.

My trading strategy (I'm a newbie on site, so cannot start a thread) combines EMA55, RSI and reading chart patterns.

Thumbs up!
Trader: Hemen Eghvay
  • #266
  • Nov 26, 2023 11:00pm Nov 26, 2023 11:00pm
To help you and all those who love RSI ...

Attached File(s)
File Type: mq4 ARROW_RSI-8_CROSS-55 45.mq4   7 KB | 570 downloads

Attached File(s)
File Type: mq4 DT-RSI-Sig.mq4   6 KB | 552 downloads
  • #267
  • Dec 2, 2023 8:37am Dec 2, 2023 8:37am
Works like magic!

Thank you @ totomagic!!!

  • #268
  • Dec 2, 2023 1:48pm Dec 2, 2023 1:48pm
Quoting Outcast918
{quote} Hi its done, see the script below: //@version=4 // Outcast study("Multi RSI with 50 Cross Over", shorttitle="Multi RSI with 50 Cross Over") len5m = input(70, title="Length Fast", type=input.integer) len15m = input(210, title="Length Slow", type=input.integer) timeframe = input(title="Time Frame", defval="", type=input.resolution) src = input(close, title="Source", type=input.source) x = input(50, title="XCross", type=input.integer) hline(price=x, title="X CROSS") rsi5m_raw = security(syminfo.tickerid,"" ,rsi(src, len5m)) rsi15m_raw = security(syminfo.tickerid,"",...
Thanks for code!

One thing to keep in mind is the momentum of the "cross". Big spikes across the 50 level indicate a better trading opportunity..

Notice in these screen-prints how both RSI's made clear and aggressive moves across the 50
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Attachment g

And in these screen-prints it tells a different story
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  • #269
  • Dec 18, 2023 10:21am Dec 18, 2023 10:21am
the indicators have big repaint problems, you have to refresh trading view each time for it to work live but if you do backtesting it works
  • #270
  • Dec 18, 2023 10:26am Dec 18, 2023 10:26am
For example the last sell signal, when I was live on the chart there was no such thing as the RSIs were not smooth, and I had no crossover with the 50 line. but when I rebooted trading view it was appeared by magic.
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  • #271
  • Dec 18, 2023 11:20am Dec 18, 2023 11:20am
Hello everyone,

please keep in mind that the script I posted is a lagging indicator.

the indicator and the system repaints in real time.
  • #272
  • Dec 18, 2023 2:37pm Dec 18, 2023 2:37pm
Quoting Outcast918
Hello everyone, please keep in mind that the script I posted is a lagging indicator. the indicator and the system repaints in real time.
so finally, do you think that the totomagic system still works or not?
  • #273
  • Dec 19, 2023 10:02am Dec 19, 2023 10:02am
one more reason to warn you that this strategy is bullshit and the author has been lying from the start by showing only backtests but no real live conditions.
I got on the chart at xx:46 as he recommended and got a sell signal at xx:45

after refreshing the graph, the xx:45 signal had disappeared in the 2 different indicators that I put to make the comparison
So for the newbies don't waste your time here it's just bullshit don't trust the author
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  • #274
  • Dec 22, 2023 10:43am Dec 22, 2023 10:43am
Is there an EA built around this strategy pls?
  • #275
  • Dec 25, 2023 2:36am Dec 25, 2023 2:36am
The system works like magic. It just needs refreshing the indicator/chart every 15mins
Make sure the 15minute candle closes so preferable to refresh chart at xx:01, xx:16, xx:31, xx:46 etc

Who can make me an EA that refreshes and scans the chart for entries, i'll pay
  • #276
  • Dec 25, 2023 6:10pm Dec 25, 2023 6:10pm
Quoting inyourface03
one more reason to warn you that this strategy is bullshit and the author has been lying from the start by showing only backtests but no real live conditions. I got on the chart at xx:46 as he recommended and got a sell signal at xx:45 after refreshing the graph, the xx:45 signal had disappeared in the 2 different indicators that I put to make the comparison So for the newbies don't waste your time here it's just bullshit don't trust the author {image} {image}
Background signal line dissapeared but the crossover remained. That's what matters most. Good it did'nt repaint. The main problem with indicators is repainting.

I think the indi wit the shaded area is good to go if u can read it
  • #277
  • Dec 25, 2023 6:14pm Dec 25, 2023 6:14pm
Quoting mr.smil3
{quote} {quote} Stuff done, Keep it simple way, totomagic! Give me your hands and buy me a coffee if this helps Reference video: https://youtu.be/zV9XlcJvcfs {file}

You are the best. Need to buy you cofee for this
  • #278
  • Oct 26, 2025 12:55pm Oct 26, 2025 12:55pm
Maybe it worked on 2023... no more in 2025, some examples on EURUSD, i was going to make an EA but manual backtest is already terrible
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SPB All Time Return: 4.4%
  • #279
  • Last Post: Oct 28, 2025 2:09pm Oct 28, 2025 2:09pm
I would add the Bollinger Bands indicator to this trading strategy and also include analysis on the 30-minute timeframe.
I entered trades for 3 candles in the opposite direction — that is, for 1 hour and 30 minutes.
However, it’s essential to consider news releases; otherwise, a trend reversal may take longer, and the trade could end up closing in loss.
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