RSI Traffic Light

RSI Traffic Light Indicator tracks several RSI (Relativ Streng Index) Periods and informs you, if the trend is changing.

  • Trend is you friend, one of the classical Trend following is the Relativ Streng Index (RSI).
  • With RSI Traffic Light Indicator you will get information about trendchange.
  • The RSI Traffic Light Indicator alerts you if the trend is changing for your pair.
  • Different trendchange criterials and visualisation themes inclusive.
  • Your can adjust the indicator Trendchange criterials by selecting one of these options
  • Sensitive (earlier trendchange criterials -> more signals)
  • Normal (normal trendchange criterials -> default setting)
  • The current trend can visualized with traffic light on the Chart, you can swith it on or off and choose different sizes of the traffic light.
  • The Indicator is working for every pair and timeframe


Important:

Get informed about new Products, join our MQL Channel: https://www.mql5.com/en/channels/etradro


Setup & Support:

For further questions join our support group: https://www.mql5.com/en/messages/01F85845B013D901

Get informed about new Products, join our MQL Channel: https://www.mql5.com/en/channels/etradro



for Developers:

use IndicatorBuffer 0 for the Uptrend
use IndicatorBuffer 1 for the Downtrend

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The Berma Bands (BBs) indicator is a valuable tool for traders seeking to identify and capitalize on market trends. By analyzing the relationship between the price and the BBs, traders can discern whether a market is in a trending or ranging phase. Visit the [ Berma Home Blog ] to know more. Berma Bands are composed of three distinct lines: the Upper Berma Band, the Middle Berma Band, and the Lower Berma Band. These lines are plotted around the price, creating a visual representation of the pric
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ATRA EA is based on our ATR Accelerator Indicator. Strong Price Movements will be used as Trade entry.  ATRA EA gives you a really powerful framework to run your Trading-Strategies Features: Different Exit Strategies Trailing Take Profit Exit by MA Cut Exit by Signal Change Risk & Money management Balance based dynamic Lot calculation Define your own Risk percentage of minimum free equity Track Long run Trades -> set new TP after a defined time News Filter integrated, to prevent miss trades on
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TRAILINATOR  is a unique Solution to use different   Trailing-Stop   Variants and change your   Tradesetup   via Remotecontrol. You configure your Tradesetup for a specified Symbol only once. This setting will be used for all your Positions of the same Symbol. Currently we support these Features: different Trailing-Stops: Standard: works like you use in Metatrader Terminal, starts trailing if your profit is greater than trailing stop Start after points: trailing stop will start after your defi
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