RSI - New twist for trend indicator - page 2

 

Hi,

Holes appear when:

- for Up Trend 30 < RSI(9) < 40

- for Down Trend 60 < RSI(9) < 70

It can be checked up easily with RSI.

Igor

 

RSIFilter_v1 seems interesting .... it should not be repainted as it is just result of RSI movement ... am I right ?

igorad:
Hi,

I have developed this indicator.

Try to use please.

Igor
 

I use it with this system https://www.mql5.com/en/forum/173261 and it is not repainting.

Files:
channel_cad.jpg  87 kb
 

Is it possible to create a similar indicator by means of CCI instead of RSI ?

it should also be interesting

 
etrade:
Is it possible to create a similar indicator by means of CCI instead of RSI ? it should also be interesting

The two indicators are exceedingly similar. I don't think there would be much benefit.

 

I agree to that.RSI is the best indicator to use,especially on bigger timeframes!

 

HELLO MRTOOLS,

Please assist to make this 2 adjustments on this indicator.

1) In place of the BLANK spaces please create a 3rd COLOR ( GOLD ) so that instead of the indicator showing those blank spaces it will now show a 3rd neutral color ( gold ).

2) Also please make the indicator in the normal HISTO Design.

MANY THANKS FOR ALL YOUR GREAT ASSISTANCE.

Files:
 
winner246:
HELLO MRTOOLS,

Please assist to make this 2 adjustments on this indicator.

1) In place of the BLANK spaces please create a 3rd COLOR ( GOLD ) so that instead of the indicator showing those blank spaces it will now show a 3rd neutral color ( gold ).

2) Also please make the indicator in the normal HISTO Design.

MANY THANKS FOR ALL YOUR GREAT ASSISTANCE.

Winner246,

This is the 3 color normal histo version.

 

HELLO MRTOOLS,

THANK YOU VERY MUCH for your kind assistance.

 

Flat Trend RSI flat_trend_rsi.mq4

Files: