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Yoofii RSI

CONSTITUTION

YooFii [RSI] is an indicator consisting of an oscillator and a dynamic level. The oscillator, dynamic level and warning signals can be adjusted via the inputs. It is designed for the MT5 platform only.

APPLICATION

This indicator should be used with a trend filter [e.g. two moving averages, MA 200 and MA 55] [see screen shots for more details].

  • when the oscillator crosses the dynamic level from bottom to top, we have a BULLISH move.
  • when the oscillator crosses the dynamic level from top to bottom, we have BEARISH move

It can be used both on the Candlestick chart as well as on the Renko chart, as well as for Scalp or Swing. [see the screen shots for more details]


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Version 1.20 2024.08.21
In version 1.2 we improved:
-the message of floating texts
-Alerts
Version 1.10 2024.08.21
In this version 1.1 we have improved:
-the way it calculates the data;
-the message in dynamic texts.