STOCH and RSI Alert
- Indicators
- Che Jeib Che Said
- Version: 1.20
- Updated: 7 October 2019
STOCH AND RSI ALERT
https://www.mql5.com/en/users/earobotkk/seller#products
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P/S: If you like this indicator, please rate it with 5 stars in the review section, this will increase its popularity so that other users will be benefited from using it.
This indicator notifies and draws an arrow on the chart whenever the main stochastic line has crossed over its signal line in the overbought or oversold zone. It also notifies and draws a star on the chart whenever the RSI line has crossed in the overbought or oversold zone.
Setting
· You could choose two types of alert, pop-up desktop and push notification to your mobile phone.
· You could change setup colors, the default are blue for oversold and red for overbought.
· You could change input parameters for STOCHASTIC and RSI as well as overbought and over sold level that suits your strategy.
INPUT PARAMETERS
Do Alert: if set to true, then a desktop pop-up alert will appear from your MetaTrader terminal whenever an arrow forms.
Do Push Notification: if set to true, then a push notification will appear on your MetaTrader mobile phone app.
Do Stoch: if set to true, then stochastic is activated.
Do RSI: if set to true, then RSI is activated.
STOCHASTIC PARAMETERS
%K Period: Period of the %K line.
%D Period: Period of the %D line.
Slowing: Slowing value.
MA Method: Moving Average method.
Price Field: Price field parameter. It can be “Low/High “or “Close/Close”.
Over Bought: Overbought level.
Over Sold: Oversold level.
RSI PARAMETERS
Period: Averaging period for calculation.
Applied Price: Applied price option.
Over Bought: Overbought level.
Over Sold: Oversold level.
awesome. with the right settings for both stoch and rsi users would manage to detect the reversal and divergence plus top or bottom of the trend. Using with ADR and grid level indicators would help to secure pips.