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Attachments: MTF RSI Trading System
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MTF RSI Trading System

Hi Wiseguytrade

find attached below an extensive version of the dashboard, difficult to read, but could display more then 70 pairs, I include some metals and oil...
sorted by pair name ascending...
Attached Image (click to enlarge)
Click to Enlarge Name: difficult_to_read.jpg Size: 69 KB
Attached File
File Type: mq4 dashboardRSI55_dev.mq4   18 KB | 1,299 downloads
No more Fight, the victory has come...
I added the H4 to the rules & indicator with a new period setting. This should help filter the noise that we saw yesterday. Thank you to the programmers that are supporting this thread.
Quoting nsn14
Thanks txfxtrader for the idea and sharing. However, can you share how do you decide the entries? Which TF are you in when you do entries? What signal or method use? Thanks!
Trading per the rules in the 1st post. Made modifications this morning to help filter the noise.
  • Post #24
  • Quote
  • Edited at 12:48pm Sep 16, 2014 9:30am | Edited at 12:48pm
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  • Post #25
  • Quote
  • Edited at 10:26am Sep 16, 2014 10:08am | Edited at 10:26am
Nonor or FerruFx,

Can you please check the MQ4 version of the MTF RSI previous indicator? H4 on the GBPJPY just switched from red to green with 2 hours to go. This should have stayed red (previous close).

The 1st image is current.
The 2nd image should be what it looks like.

Thanks,
txfxtrader
Attached Images (click to enlarge)
Click to Enlarge Name: GBPJPY_#1.png Size: 24 KB Click to Enlarge Name: GBPJPY.png Size: 74 KB
Attached File
File Type: mq4 RSI_MTF previous.mq4   4 KB | 1,757 downloads
Quoting txfxtrader
Nonor or FerruFx, Can you please check the MQ4 version of the MTF RSI previous indicator? H4 on the GBPJPY just switched from red to green with 2 hours to go. This should have stayed red (previous close). The 1st image is current. The 2nd image should be what it looks like. Thanks, txfxtrader {file} {image} {image}
Problem has been corrected by the programmer. Indicator uploaded to the 1st post.
  • Post #27
  • Quote
  • Edited at 4:36am Sep 18, 2014 4:08am | Edited at 4:36am
The first release of the two dashboards have refresh problem, find below more usable two,
I continue development of these tools as I need it for my trading, perhaps in plateform tech forum...
The load of the dev version take one minute or more, but after loading, it is usable, the refresh
occur each minute.
Attached Files
File Type: mq4 dashboardRSI55_dev.mq4   17 KB | 1,265 downloads
File Type: mq4 dashboardRSI55.mq4   5 KB | 1,288 downloads
No more Fight, the victory has come...
Hello txfxtrader

You don't trade your system ?
we will be pleased to see some trade,
I'm working on an improved version of the dashboard, I believe in the RSI indi, my own system is based on this indicator.
No more Fight, the victory has come...
9/16/14 - 9/19/14
P/L: +$195
The indicator was fixed on the 9/16 so I did not include the previous day.
I am going to include the daily as well and increase the stop & take profit to 30 & 60.
Please - some screenshots
Aut cum scuto, aut in scuto
Quoting profitmonit
Please - some screenshots
See 1st post. New indicator uploaded with alarm & screenshot.
The indi of Groenie is nice, some remarks :
-what is the mining of SLOPE ?, what are the numbers below each block ?
-it would be nice if we can increase the font size for adr and spread, it is very small...

Very inspiring

Thank yu
No more Fight, the victory has come...
Quoting nonor
The indi of Groenie is nice, some remarks : -what is the mining of SLOPE ?, what are the numbers below each block ? -it would be nice if we can increase the font size for adr and spread, it is very small... Very inspiring Thank yu
I'm glad you like it, the font size will be bigger in the next update for the indi soon. I will also release a user manual with the next update that explains each of the options.

The slope is the arrows underneath the RSI blocks and indicate if the RSI is currently sloping up or down or flat, the next version will give you the option to choose if you want the current slope or the previous bar slope.

The numbers below each block shows the numerical value of the previous RSI block for you to easily see where a normal RSI line would lie. It changes slightly in color when the value is below 30 or above 70 indicating overbought/sold levels
thanks for your great work tip top
Some screenshots of the new indicator on both a light and dark template, one even has an open trade. TxFxTrader will include everything in the first post soon
Attached Images (click to enlarge)
Click to Enlarge Name: USDJPYH1.png Size: 42 KB Click to Enlarge Name: GBPUSDH1.png Size: 41 KB
Great indicator! I trade a similar RSI (3) system and will add your indicator. Thanks again.

Would it be possible that we choose the time frame ourselves? I would prefer to also see the weekly time frame and don't need the 1M time frame. Thanks!
I think there is a problem with some time frames. For example I just checked the H1 chart of GBP/USD and the last closed candle is bearish but the indicator says it's bullish. Same with EUR/USD D1 chart. The last closed daily candle is bullish, but indicator says its bearish.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 45 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 45 KB
Quoting fguru
I think there is a problem with some time frames. For example I just checked the H1 chart of GBP/USD and the last closed candle is bearish but the indicator says it's bullish. Same with EUR/USD D1 chart. The last closed daily candle is bullish, but indicator says its bearish. {image} {image}
fguru, the signal bars only check if RSI is above/below the 50 line. Basically 50+ is the overbought level and -50 is the oversold level according to txfxtrader's rules.

The little arrow you see on top of the bar shows the current bar's slope and the number next to it is the numerical value of the previous RSI
Thanks for clearing that up, Groenie.
Quoting fguru
Great indicator! I trade a similar RSI (3) system and will add your indicator. Thanks again. Would it be possible that we choose the time frame ourselves? I would prefer to also see the weekly time frame and don't need the 1M time frame. Thanks!
fguru, the next version (v1.2) has the option to choose each individual timeframe and RSI period. It seems txfxtrader may be busy at the moment so I'll upload the new version here and he can upload it to the first post when he has time

Also you have an interesting indicator there yourself, would it be possible for you to upload it (with or without source code) for some inspection?

Indicator has been renamed to Hitman, because I can
The user manual explains all the indicator options, if some of the options don't make sense, just view the PDF
2 Templates (as seen in the screenshots above) are also in the zip file
Attached File
File Type: zip Hitmanv1.2.zip   357 KB | 2,425 downloads
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