RSI cross indicator when rsi=50 | Forex Factory

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RSI cross indicator when rsi=50

  • #1
  • First Post: Jun 17, 2010 8:25pm Jun 17, 2010 8:25pm
heyyy i am looking for rsi cross alert by an arrow on price when rsi cross 50!!!
if rsi cross 50 from up to bottom i want to have sell alert
if rsi cross 50 from bottom to up i want to have buy alert

if you have share please
  • #2
  • Jun 18, 2010 6:02am Jun 18, 2010 6:02am
hey it is very easy.pls if you have such an indicator for mt4 pls share.i will use it in a profitable sytem..

only when rsi cross 50 indicator paints an arrow to upward or downward.

please help..
  • #3
  • Jun 18, 2010 8:29am Jun 18, 2010 8:29am
Here is the one I like. You can change the 50 number to whatever you wish.
Attached File(s)
File Type: mq4 Color_RSI_v1.01_maxsig.mq4   13 KB | 11,123 downloads
  • #4
  • Jun 18, 2010 2:29pm Jun 18, 2010 2:29pm
thank you very much.can we make indicator weighted close??
do you have this kind of rsi with the same indicator.
i know both of them almost same but if you have weighted close rsi please post it.or can we change this indicator to weighted close rsi?if we can how??
thank you..
  • #5
  • Jun 18, 2010 6:26pm Jun 18, 2010 6:26pm
Quoting pipchampion
thank you very much.can we make indicator weighted close??
do you have this kind of rsi with the same indicator.
i know both of them almost same but if you have weighted close rsi please post it.or can we change this indicator to weighted close rsi?if we can how??
thank you..

The price can be anything you want. The price type constants are:

Constant Value Description
PRICE_CLOSE 0 Close price.
PRICE_OPEN 1 Open price.
PRICE_HIGH 2 High price.
PRICE_LOW 3 Low price.
PRICE_MEDIAN 4 Median price, (high+low)/2.
PRICE_TYPICAL 5 Typical price, (high+low+close)/3.
PRICE_WEIGHTED 6 Weighted close price, (high+low+close+close)/4.

So in this case just enter 6 for the variable PriceType. I have it defaulted to 0 because I use Close.
  • #6
  • Jun 19, 2010 5:40am Jun 19, 2010 5:40am
vaow.it is very nice indicator.i fixed it.thank you.
ok i need a different indicator.is there any indicator which paints arrow when ema 5 close and ema 8 open cross each other.
if ema 5 close cross ema 8 open from up to bottom indicator will paint an down arrow
if ema 5 close cross ema 8 open from bottom to up indicator will paint an
up arrow.

is there any indicator like this??
  • #7
  • Jun 19, 2010 7:25am Jun 19, 2010 7:25am
Yes there is. Just do a search on EMA cross.
  • #8
  • Jun 19, 2010 8:06am Jun 19, 2010 8:06am
thank you flyer.i searched.but i couldnot find an indicator that give permission to change ema (close or open).
i need an ema crossover indicator that paints an arrow,ema 5 close and ema 8 open.i want to change close or open of ema indicator.

i mean this

if ema 5 close cross ema 8 open from up to bottom indicator will paint a down arrow
if ema 5 close cross ema 8 open from bottom to up indicator will paint an
up arrow

i couldnot find it..i am searching
  • #9
  • Jun 19, 2010 8:32am Jun 19, 2010 8:32am
There are numerous ones out there. I found CodersGuru for you. It took 0.4 seconds.

i even modded it so you can enter price type and ema mode. In this case I defaulted it to your values to make it even that much easier.

However, for simple things like this I suggest that you learn how to code or at least how to mod someone else's code.
Attached File(s)
File Type: mq4 EMA_CROSS_IND.mq4   5 KB | 3,825 downloads
  • #10
  • Jun 19, 2010 9:20am Jun 19, 2010 9:20am
Quoting flyer415

However, for simple things like this I suggest that you learn how to code or at least how to mod someone else's code.
But Flyer... that would be like work...

(end sarcasm)

And now get ready for the next request
  • #11
  • Jun 19, 2010 9:22am Jun 19, 2010 9:22am
yes i downloaded this before you post.i know and i am studying to change these kind of simple things in indicators.i am working on mql4 code.
thank you very much.it is very importan to change these kind of simple things in indicators or eas..
  • #12
  • Aug 27, 2010 12:22pm Aug 27, 2010 12:22pm
the cross of 50 line of rsi 14 , is a change of slope of the ema 30 ..... , it s like using a momentum indicator calculated in the last 30 bars, instead of here the MA is exponential ...
  • #13
  • Oct 22, 2010 3:13am Oct 22, 2010 3:13am
hi folks ive been dabbling with different moving average cross-over settings and RSI settings, but i'm wanting to know what is the best settings for charts D1,W1,MN?

i'm done with smaller tf's lol. i've currently got a 5 and 20 m.a's for all tf's

any advice much appreciated
  • #14
  • Oct 24, 2010 11:16am Oct 24, 2010 11:16am
Quoting benedetta
hi folks ive been dabbling with different moving average cross-over settings and RSI settings, but i'm wanting to know what is the best settings for charts D1,W1,MN?

i'm done with smaller tf's lol. i've currently got a 5 and 20 m.a's for all tf's

any advice much appreciated

use all time frame, try to adapt the moving average and the rsi , for exemple a rsi 14 with ema 75 one touch, two , third , $$$$$
or rsi 83 with 55 level one touch, second, third , $$$$$$$
each market has his own cycle, you must adapt yourself
PRICE MUST LEAD ALL indicators in any analysis

bye
  • #15
  • Nov 5, 2010 7:21am Nov 5, 2010 7:21am
I'm new here. Yesterday I downloaded the RSI file attached (from flyer415 June 18, 2010 9:29am) and modified what I was able to so it would work better for me. Now it does pretty much everything I was looking for. I have it running on 12 forex pairs at once using Renko charts (15 pips on 15 mins) but it is super greedy on my computer resources. If it ran say only once a minute or something like that, rather than every tick, that would be fine by me, but I don't have a clue how to make that happen.
Can someone help please?
Thanks
Attached File(s)
File Type: mq4 RSI_Color_v1.01_maxsig.mq4   14 KB | 3,977 downloads
  • #16
  • Jan 29, 2011 7:26pm Jan 29, 2011 7:26pm
If I want to know when the RSI crosses through 50 only, do I put 50 in the overbought and 50 in the oversold settings? Also, what should be in the period setting & does the email function work? Any help would be appreciated....Thanks.
  • #17
  • Jan 31, 2011 7:57am Jan 31, 2011 7:57am
Whatever crossover levels you choose will alarm so if you set both the overbought and oversold to 50 it will alarm when the RSI goes through 50 from below and again when it goes through 50 from above.

The lookback period can be whatever you want. The default is usually set at 14 in most software packages. I normally set the lookback at 10 instead of 14 (personal choice) on all my timeframes. If I want a more reactive RSI I use 3.

If RSI-3 is above RSI-10 I normally do not want to be short and if RSI 3 is below RSI-10 I don't want to be long.

I don't need to use the email function and I don't know how to set it up.
Hope this was helpful.
  • #18
  • Feb 5, 2011 9:45am Feb 5, 2011 9:45am
Thanks for getting back to me. I have the RSI set at 21 for longer time frames like 15M, 30M & 1H. I still dont understand what the sig_period should be set at- 8 or 1?. Thanks again.
  • #19
  • Feb 6, 2011 7:47pm Feb 6, 2011 7:47pm
Hi Danimal42

The sig period is just a moving average of the RSI that you are using. If I use it I tend to set it at 16 but most of the time I set it to 1 so that it doesn't display on the chart (same as RSI when set to 1). I like quieter charts, most often 1 moving average and one RSI or just the RSI.

Hope this helps.
  • #20
  • Last Post: Aug 16, 2013 4:39am Aug 16, 2013 4:39am
This Color RSI v1.01 maxsig doesn´t seem to work properly.
The dotted Moving Average line (SigPeriod) keeps failing after some minutes...
Any ideas?
Attached File(s)
File Type: mq4 Color_RSI_v1.01_maxsig.mq4   13 KB | 2,100 downloads
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