Help with RSI<> Bollinger bands Alert | Forex Factory

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Help with RSI<> Bollinger bands Alert

  • #1
  • First Post: Apr 11, 2008 8:53am Apr 11, 2008 8:53am
Hello everyone
I have spent days trying to get an email alert working with no luck, success or skill.
So if any one can help I'd be very gratefull.

I would like to get an email alert when the RSI goes above or below the bollinger bands applied to it, at the close of the candle.
many thanks
Attached Image (click to enlarge)
Click to Enlarge Name: rsiboll.gif Size: 14 KB
  • #2
  • Apr 11, 2008 9:27am Apr 11, 2008 9:27am
you can use the ibandsonarray function to calculate the bollinger bands on the rsi array used for plotting the line. You can then pull the upper and lower band value from that function and compare it to the value of rsi.

Interesting concept by the way, never though of applying bb to anything other than price.
  • #3
  • Apr 11, 2008 9:39am Apr 11, 2008 9:39am
Thanks for that, I think I got the idea from the original fossy stratagy.
  • #4
  • Apr 11, 2008 11:34am Apr 11, 2008 11:34am
Ok I found this...many thanks to the writer
I just need the email alert adding
Attached File(s)
File Type: mq4 BBRSI_v1.mq4   4 KB | 2,604 downloads
  • #5
  • Apr 11, 2008 3:22pm Apr 11, 2008 3:22pm
Quoting Hired Goon
Hello everyone
I have spent days trying to get an email alert working with no luck, success or skill.
So if any one can help I'd be very gratefull.

I would like to get an email alert when the RSI goes above or below the bollinger bands applied to it, at the close of the candle.
many thanks
Clarify it. You will touch the upper or the lower line twice. One on its way up and another on its way down just for the upper line the same with the lower line and sometimes it comes back just immediate in the next candle.. Which ones are you referring to. the going up to touch the upper line or the going down leaving the upper line.. same questions for the lower line..???
  • #6
  • Apr 11, 2008 4:13pm Apr 11, 2008 4:13pm
Hi Trader101
The idea is to get an alert when the RSI has moved above the Upperband or below the lower band of the bollinger bands but to only send the alert when the candle has closed.
I'm looking at applying this to the 1h chart to identify overbought/sold conditions.
Something like
If rsi < lowerband = buy
if rsi > upperband = sell

It is work in progress...
  • #7
  • Apr 11, 2008 5:43pm Apr 11, 2008 5:43pm
Quoting Hired Goon
Hi Trader101
The idea is to get an alert when the RSI has moved above the Upperband or below the lower band of the bollinger bands but to only send the alert when the candle has closed.
I'm looking at applying this to the 1h chart to identify overbought/sold conditions.
Something like
If rsi < lowerband = buy
if rsi > upperband = sell

It is work in progress...
If you look at your chart and you proposed setup you will have your signals all the candles while the RSI is above the upper band it will be signals every end of the candles(could be several e-mails send to you) while the rsi is in the region above the upper band until it leaves the uppper band. Is this what you have in mind?
  • #8
  • Apr 12, 2008 4:12am Apr 12, 2008 4:12am
Yes that would do, sorry the picture is on a 15 minute chart not the 1 hour I would use it on
  • #9
  • Apr 12, 2008 1:06pm Apr 12, 2008 1:06pm
Try This...if this is what you need....
Attached File(s)
File Type: mq4 BBRSI_v2.mq4   5 KB | 3,051 downloads
  • #10
  • Apr 13, 2008 9:18am Apr 13, 2008 9:18am
Thanks Trader101, much appreciated.
I'll give it go
  • #11
  • Apr 13, 2008 2:32pm Apr 13, 2008 2:32pm
My pleasure..HG
  • #12
  • Apr 13, 2008 2:56pm Apr 13, 2008 2:56pm
Quoting trader101
My pleasure..HG
T! check if you have have something missing ...

http://www.forex-tsd.com/203595-post1439.html
(they lifted your stuff already...)
  • #13
  • Apr 13, 2008 3:18pm Apr 13, 2008 3:18pm
Quoting fxxx
T! check if you have have something missing ...

http://www.forex-tsd.com/203595-post1439.html
(they lifted your stuff already...)
No problem, Bro.. As long as the credit for is there. This is a small community, we help each other become better trader.
  • #14
  • Edited 3:44pm Apr 13, 2008 3:30pm | Edited 3:44pm
that was good indi - i put it as example - nice and clean way to add alert
what, FF put you and Acuma to work?
well, "small community" - now one of the lagest and best sites of FXTradingSystems...
  • #15
  • Sep 18, 2009 6:34am Sep 18, 2009 6:34am
Frenz i got similar idea from ma frend , but it gives to many whipsaw and continuous losses .. So i had to loose lot of money ..

So if any one can help me , pls get me d interpretation of d setup !!

( i buy when the RSI touches the lower band and goes above the moving avg line and i sell when the RSi touches the upper bollinger band and goes below the moving avg of BB )

If some one could help me finding out the whipsaw it ll be so much helpful !!
  • #16
  • Dec 12, 2012 4:20am Dec 12, 2012 4:20am
http://u.jimdo.com/www48/o/s2e2ea4a9...ds-and-rsi.gif

Hi,guys.
Who has it this RSI indicator? PLZ email to me [email protected]. Share it is a good idea,too.Thank you very much .
  • #17
  • Last Post: Sep 28, 2020 2:24am Sep 28, 2020 2:24am
Quoting trader101
Try This...if this is what you need.... {file}
Amazing thanks!!! how to I change the e-mail notification to a mobile pop-up notification? I have tried the sendnotification instead of sendmail alert but for some reason I always get the syntax wrong. Could you help with that?
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