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Multi informer RSI and Bollinger Bands

A lot of traders are interested in the Reversal Strategy for Binary Options. Most used indicators are Bollinger Bands (BB) and the Relative Strength Index (RSI). This indicator combines the BB and RSI indicators, information box with text message about the appearing signal and signal arrows on the price chart. The information box displays the preliminary and main signals for currency pairs with corresponding timeframes and accompanying audio alerts. The signals are generated for the currency pairs and timeframes specified in the settings.

When a signal appears, the information window displays a line with the currency pair and timeframe, audio notification is generated. Clicking the information line opens the currency pair and the timeframe in the current window. Thus, in the MetaTrader 4 terminal, there is no need to keep open windows with a multitude of currency pairs and timeframes required for trading.


Signal formation conditions

  • A buy signal (Call) is formed when a bar closes below the lower line of the BB indicator while the RSI indicator value is below the lower border;
  • A sell signal (Put) is formed when a bar closes above the upper line of the BB indicator while the RSI indicator value is above the upper border.

When the signal formation condition is met, a signal icon in the form of the corresponding arrow is displayed on the chart, a corresponding entry about the signal appears in the information box and an audio alert is generated. If a signal appears on a currency pair which is not opened on the current chart, then only a message in the information box is provided.

The settings include a parameter for obtaining the preliminary setting the specified number of seconds ahead, which allows evaluating an entry point beforehand and preparing to open an order. The preliminary signal in the form of an arrow may disappear from the chart, if the signal formation condition is no longer met. However, the information on the preliminary signal will not disappear from the information box.


Indicator settings

Block of settings for currency pairs (30 pairs maximum)

  • PairsList1 - the first list of currency pairs separated by ";" (15 pairs maximum);
  • PairsList2 - the second list of currency pairs separated by ";" (15 pairs maximum);
  • Pre-alarm (sec) - the number of seconds to receive the preliminary signal;
  • History signal (bar) - the number of bars to output signals in the form of an arrow.

Settings for outputting information in the information box

  • Buy (Call) - color of the information line for buying;
  • Sell (Put) - color of the information line for selling;
  • Warning buy - color of the information line for the preliminary buy signal;
  • Warning sell - color of the information line for the preliminary sell signal;
  • Sound - enable/disable audio alerts;
  • Send mail - enable/disable sending emails;
  • Push notifications - enable/disable sending push notifications.

Settings for the RSI and Bollinger Bands indicators

  • Period RSI - RSI period (Close is used as the applied price);
  • Lower level RSI - value for the lower RSI level;
  • Upper level RSI - value for the upper RSI level;
  • Period Bollinger Bands - BB period (Close is used as the applied price);
  • Deviation Bollinger Bands - deviation value for the BB.

Timeframe settings (8 timeframes maximum)

  • Timeframes - list of timeframes in minutes separated by ";" (max 8);
  • Color arrow on buy - color for the sell signal arrow;
  • Color arrow on sell - color for the buy signal arrow.

If it is necessary to display the BB and RSI on the main chart, separately attach the standard BB and RSI indicators with the corresponding settings to the chart.

Attention: Normal operation of the indicator requires downloading the bar history for the currency pairs and timeframes specified in the settings. A warning is output if history is not available. The history for each currency pair can be downloaded in a separate window without leaving the main window where the indicator is running.

The history of signals in the form of arrows is generated only for the timeframes listed in the "List of timeframes" field.

For testing in the strategy tester, it is necessary to specify a single currency pair and a single timeframe.

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3 (2)
Indicators
Let me introduce you to an excellent technical indicator – Grabber, which works as a ready-to-use "All-Inclusive" trading strategy. Within a single code, it integrates powerful tools for technical market analysis, trading signals (arrows), alert functions, and push notifications. Every buyer of this indicator also receives the following for free: Grabber Utility for automatic management of open orders Step-by-step video guide: how to install, configure, and trade with the indicator Custom set fi
KT Asian Breakout Indicator
KEENBASE SOFTWARE SOLUTIONS
Indicators
KT Asian Breakout indicator scans and analyzes a critical part of the Asian session to generate bi-directional buy and sell signals with the direction of a price breakout. A buy signal occurs when the price breaks above the session high, and a sell signal occurs when the price breaks below the session low. Things to remember If the session box is vertically too wide, a new trade should be avoided as most of the price action has already completed within the session box. If the breakout candle is
Hydra Trend Rider
INTRAQUOTES
5 (1)
Indicators
Hydra Trend Rider is a non-repainting, multi-timeframe trend indicator that delivers precise buy/sell signals and real-time alerts for high-probability trade setups. With its color-coded trend line, customizable dashboard, and mobile notifications, it's perfect for traders seeking clarity, confidence, and consistency in trend trading. Download the Metatrader 5 Version Message us here after purchase to get the Indicator Manual. Download Now! Offer valid only for next 10 Buyers. Price will increas
NAM Order Blocks
NAM TECH GROUP, CORP.
3 (2)
Indicators
MT4 Multi-timeframe Order Blocks detection indicator. Features - Fully customizable on chart control panel, provides complete interaction. - Hide and show control panel wherever you want. - Detect OBs on multiple timeframes. - Select OBs quantity to display. - Different OBs user interface. - Different filters on OBs. - OB proximity alert. - ADR High and Low lines. - Notification service (Screen alerts | Push notifications). Summary Order block is a market behavior that indicates order collection
Smart Set up Levels
Mohit Dhariwal
5 (1)
Indicators
Smart Set up leve l is a very powerful indicator based on the concept of order blocks and set up entries with proper fvg and breakouts to make a very nice level to enter like a pro trader. Very easy to use interface and friendly to enter on buy and sell signals. Works Best on M15 Time frame on Gold, Bitcoin and Fx pairs. Daily 4-5 trades on each pair  Works great on gold like a pro on M15 It is non repainting nor lagging It is very powerful indicator giving precise entries and prop acts can be c
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Lot Lines Calculator
Vyacheslav Ustinov
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Most professional traders declare strict compliance with risk management. This simple tool allows quick calculation of trading lot size in accordance with the following basic risk management rules: The maximum allowable risk is set as a fixed percentage of the account deposit (for example, 1-2%). The risk is measured as a distance in points between the order opening level and the stop loss level. It is always difficult for beginners to calculate trade lot based on the risk value, so this indicat
Lot Lines Calculator 2
Vyacheslav Ustinov
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Большинство профессиональных трейдеров декларируют строгое соблюдение управления рисками. Этот простой инструмент разработан для быстрого расчета размера лота, чтобы торговать в соответствии со следующими базовыми правилами риск-менеджмента: Максимально допустимый риск устанавливается как фиксированный процент от общего количества средств на счете (например, 1-2%). Риск измеряется расстоянием в пунктах между открытием ордера и установленным стоп-лоссом. Так как для новичков всегда затруднительно
Bars Volume Color
Vyacheslav Ustinov
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Все знают какую большую роль играют объемы в трейдинге. Основной индикатор объемов чаще всего находится в дополнительном окне и визуально плохо воспринимается. Этот простой инструмент разработан для быстрого и наглядного представления заданного объема непосредственно на графике с котировками для лучшей наглядности. Можно сразу оценить в каких местах на графике сконцентрировались большие объемы. Индикатор подкрашивает свечи по заданному объему от хая или лоу свечи до цены закрытия свечи. Если све
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Todor Bayganov
545
Todor Bayganov 2019.03.03 16:43 
 

Great indicator! :)

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Version 2.0 2021.11.18
1. Уменьшено количество анализируемых валютных пар с 30 до 20.
2. Добавлена информационная панель по статистике полученных сигналов на истории.