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You liked the script? Try it in the MetaTrader 5 terminal
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- Published:
- 2024.05.01 11:53
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This indicator promote new way of analyses signals from standard indicator named RSI.
Main feature of RSI is level crossing signals. Usually 30 and 70.
But it's bad relative to real market state. That's why i added dynamic levels for this indicator.
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This is a simple code to mimic onTradeTransaction Event handler defined in MQL5
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Classic & Virtual Trailing for MT4
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improved version of the standard Simple moving average indicator with a lower delay based on: https://www.mql5.com/en/code/30844 (author: https://www.mql5.com/en/users/mladen)
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a very convenient way to filter out unnecessary signals of crossing levels