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ConsecutiveRSI

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Published: 18 February 2019

Current version: 1.0

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ConsecutiveRSI

Indicators
John Davis
Version: 1.0

Consecutive candles can give us an indication as to the strength of a trend. With this indicator, you can set the number of consecutive bull or bear candles you wish to be present before achieving a valid signal of RSI crossing into overbought or oversold. With this information, you can better judge if a continuation or reversal situation is about to present. RSI has two settable levels

Interesting settings:

Number of consecutive candles needed before a valid signal
Overbought level of RSI
Oversold level of RSI

On Codebase https://www.mql5.com/en/code/24703

For alerts and more detailed reports https://www.mql5.com/en/market/product/36100

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One of the main definitions for monitoring the currency market is a trend, which is why the Megan indicator was created in order to display the trend in a visual form. Forex indicator Megan is a real trading strategy with which you can achieve the desired results. As soon as the indicator is set, the main indicators will immediately begin to be recalculated at the price of the traded pair, based on the postulates of technical analysis. In addition, when potential entry points are detected, visua

About AIntel Is there are reason you select RSI 14 or 21? Is there a reason you select EMA 25? Is there a reason you pick these periods for these and any other indicators? Those numbers might have worked 10 or 20 years ago. They might be working for traiding certain currency pair in a certain timeframe.. But they DO NOT give you the best profit and outcome at all times all pairs all trades! AInter is "automated inteligence" series indicators that optimize automatically for best profit so you do

"Hunttern harmonic pattern finder" base on the dynamic zigzag with the notification and prediction mode This version of the indicator identifies 11 harmonic patterns and predicts them in real-time before they are completely formed. It offers the ability to calculate the error rate of Zigzag patterns depending on a risk threshold. It moreover sends out a notification once the pattern is complete. The supported patterns: ABCD BAT ALT BAT BUTTERFLY GARTLEY CRAB DEEP CRAB CYPHER SHARK THREE

The standard Bollinger Bands indicator has been improved by integrating additional indications from the Standard Deviation indicator (StdDev), which gives an additional filter for confirming trading signals. In addition, the color of the indicator's lines shows the beginning of a trend, its development and exhaustion. This indicator has a signal block that notifies the trader of the beginning of the trend on any time frame to which it is attached. Settings Type of messages - select the type of

The new update makes this indicator a complete tool for studying, analyzing and operating probabilistic patterns. It includes: On-chart Multi-asset percentage monitor. Configurable martingales. Twenty-one pre-configured patterns, including Mhi patterns and C3. An advanced pattern editor to store up to 5 custom patterns. Backtest mode to test results with loss reports. Trend filter. Hit operational filter. Martingale Cycles option. Various types of strategies and alerts. Confluence between patter

Buy CTS scalping indicator, provide buying and selling signals, automatic channeling and sending signals to mobile phones Using technical analysis and price action methods and modern methods, CTS indicator can draw price channels and recognize price trends with high accuracy and issue entry and exit signals according to them. Traders can easily fluctuate using this indicator in different time frames and in different markets. With the CTS indicator, you can signal in different ways. This indicat

Buy Sell Storm Professional indicator for trading on financial markets, designed for MT5 platform . Trading on the indicator is very simple, Blue arrow to buy , Red arrow to sell. The indicator does not redraw and does not change its values. After purchase write to me and I will send you a Bonus in the form of an EA Buy Sell EA on this indicator. ( see the video of the EA on the indicator, the set file is attached). In the default settings the Period parameter is set to -

Advanced Dynamic RSI – The Evolution of the Classic RSI Advanced Dynamic RSI is based on the work of technical analyst J. Welles Wilder and has been further developed. This improved indicator combines Wilder's proven RSI calculation with modern features and a dynamic smoothing method, which delivers more precise and flexibly adjustable signals, allowing traders to analyze market volatility and price movements with greater accuracy. Features and Key Characteristics Dynamic Levels: The Advanced

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This is an advanced multi-timeframe version of the popular Hull Moving Average (HMA) Features Two lines of the Hull indicator of different timeframes on the same chart. The HMA line of the higher timeframe defines the trend, and the HMA line of the current timeframe defines the short-term price movements. A graphical panel with HMA indicator data from all timeframes at the same time . If the HMA switched its direction on any timeframe, the panel displays a question or exclamation mark with a tex

DYJ SuperTrendWave is a highly accurate peak and trough trading system. This indicator looks for the highest and lowest points of candles as entering and leaving the market. The entrance price is near the highest or lowest point. The notification type of signal has been added to the dyj supertrend. When a multi-space signal is generated, The following types of notification signals are available: Alert mailSend, MobilePush. Input InpSignalPeriod = 10; BarDistance = 24; InpIsAlert

First of all Its worth emphasizing here that this Trading Tool is Non Repainting , Non Redrawing and Non Lagging Indicator , Which makes it ideal for professional trading . Online course, user manual and demo. The Smart Price Action Concepts Indicator is a very powerful tool for both new and experienced traders . It packs more than 20 useful indicators into one , combining advanced trading ideas like Inner Circle Trader Analysis and Smart Money Concepts Trading Strategies . This indicator focus

The Rocket Trend indicator is trending. The indicator draws two-color points connected by lines along the chart. This is a trend indicator, it is an algorithmic indicator. It is easy to work and understand when a blue circle appears, you need to buy, when a red one appears, sell. The indicator is used for scalping and pipsing, and has proven itself well. Rocket Trend is available for analyzing the direction of the trend for a specific period of time. Ideal for novice traders learning the laws o

Features All Ichimoku Signals (Selectable) : Display all reliable signals generated by the Ichimoku indicator. You can choose which signals to view based on your preferences. Filter by Signal Strength : Sort signals by their strength—whether they are weak, neutral, or strong. Live Notifications : Receive real-time notifications for Ichimoku signals. Transparent Cloud : Visualize the Ichimoku cloud in a transparent manner. Available Signals Tenkensen-Kijunsen Cross Price-Kijunsen Cross Pri

InsideBarStop Indicator for MT5 This indicator can be used to show and evaluate the trailing stop algorithm "Trailing Stop with Inside Bars" that was proposed by the famous German trader and author Michael Voigt ("Das grosse Buch der Markttechnik") to capture robust gains when trading strong price moves. The trailing stop price is shown as a red line. You can start the trailing stop anywhere on your chart (bars or candles) by setting the "initialBarDateTime" input parameter to the open time of

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"2nd To NoneFX Scalper" is one powerful indicator which you can use on any timeframe. The accuracy is in between 90% - 95% can be more. The indicator is 100% non repaint so it doesn't repaint at all. When the arrow comes out wait for the candlestick to close the arrow won't repaint/recalculate or move. The indicator works with all volatility indices,step index, Boom & Crash(500 & 1000) and all currency pairs. You can change settings of the indicator. For great results find the trend of the pair,

The Trend Catcher: The Trend Catcher Strategy with Alert Indicator is a versatile technical analysis tool that aids traders in identifying market trends and potential entry and exit points. It features a dynamic Trend Catcher Strategy , adapting to market conditions for a clear visual representation of trend direction. Traders can customize parameters to align with their preferences and risk tolerance. The indicator assists in trend identification, signals potential reversals, serves as a trail

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Технический индикатор Universal Oscillator является комбинацией торговых сигналов самых популярных и широко используемых осцилляторов. Индикатор представлен гистограммами, а также линиями fast и slow MA, что позволяет расширить список получаемых торговых рекомендаций и работать как по тренду, так и в боковом движении рынка. Таким образом, гистограммы позволяют определить момент пробоя ценовых значений и движение в новой фазе рынка, а линии указывают на зоны перекупленности и перепроданности. Ос

The Trend Detect indicator combines the features of both trend indicators and oscillators. This indicator is a convenient tool for detecting short-term market cycles and identifying overbought and oversold levels. A long position can be opened when the indicator starts leaving the oversold area and breaks the zero level from below. A short position can be opened when the indicator starts leaving the overbought area and breaks the zero level from above. An opposite signal of the indicator can

Индикатор, показывающий момент преодоления нулевой отметки индикатора MACD. Подходит для бинарной торговли, т.к. имеется возможность посчитать точность сигналов, в зависимости от времени экспирации. Входные параметры Period of SMA1 - Период 1 скользящей средней Period of SMA2 - Период 2 скользящей средней Period of SMA3 - Период 3 скользящей средней Price Type - Тип цены, используемый индикатором MACD Invert signals - Возможность давать инвертированные сигналы (для работы по тренду) Infor

MT4 version | FAQ The Owl Smart Levels Indicator is a complete trading system within the one indicator that includes such popular market analysis tools as Bill Williams' advanced fractals , Valable ZigZag which builds the correct wave structure of the market, and Fibonacci levels which mark the exact levels of entry into the market and places to take profits. Detailed description of the strategy Instructions for working with the indicator Advisor-assistant in trading Owl Helper Private User

With this easy to set up indicator you can display and set alerts for the following candlestick formations: Bull Breakout, Bear Breakout, Hammer, Pin, Bullish Engulfing, Bearish Engulfing. Input parameters: ShortArrowColor: The color of the Arrows, displaying a Bearish candle formation LongArrowColor: The color of the Arrows displaying a Bullish candle formation BullishEngulfing: Disabled/Enabled/EnabledwithAlert BearishEngulfing: Disabled/Enabled/EnabledwithAlert Pin: Disabled/Enabled/Enabledw

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Enhance your price action strategy: inside bar breakouts at your fingertips This indicator detects inside bars of several ranges, making it very easy for price action traders to spot and act on inside bar breakouts. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and understand Customizable color selections The indicator implements visual/mail/push/sound alerts The indicator does not repaint or backpaint An inside bar is a bar or series of bars which is/

The Interesting Thing indicator visually unloads the price chart and saves analysis time: if there is no signal, there is no deal, if an opposite signal appears, then the current deal should be closed. This is an arrow indicator for determining the trend. The indicator implements a trend trading strategy, filtering and all the necessary functions built into one tool! The principle of operation of the indicator is to automatically determine the current state of the market when placed on a char

A scalping indicator based on mathematical patterns, which on average gives signals with relatively small SL, and also occasionally helps to catch big moves in the markets (more information in the video) This indicator has three main types of notifications: The first type warns of a possible/upcoming signal on the next bar The second type indicates the presence of a ready signal to enter the market/open a position The third type is for SL and TP levels - you will be notified every time price r

MetaCOT 2 is a set of indicators and specialized utilities for the analysis of the U.S. Commodity Futures Trading Commission reports. Thanks to the reports issued by the Commission, it is possible to analyze the size and direction of the positions of the major market participants, which brings the long-term price prediction accuracy to a new higher-quality level, inaccessible to most traders. These indicators, related to the fundamental analysis, can also be used as an effective long-term filter

Bollinger bands out/in strategy A strategy created by Joe Ross, and very useful for finding trades when the market is overloaded. Indicator You don't need to find where there are entries on the chart, this indicator shows them for you. The entrance The trade is confirmed when the price closes outside the bollinger bands on a candle and the candle after the price closes inside the bands. comment I want to improve this indicator, so you can help me sending me your reviews and comments, thanks :).

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Adjustable Consecutive Fractals looks for 2 or more fractals in one direction and sends out a on screen alert, sound alert and push notification, for strong reversal points . Adjustable Consecutive Fractals, shows the fractals on chart along with a color changing text for buy and sell signals when one or more fractals appear on one side of price. Adjustable Consecutive Fractals is based Bill Williams Fractals . The standard Bill Williams fractals are set at a non adjustable 5 bars, BUT withe

This indicator predicts the nearest bars of the chart based on the search of up to three best coincided patterns (a sequence of bars of a given length) in the history of the current instrument of the current timeframe. The found patterns are aligned with the current pattern at the opening price of the current (last) bar. The predicted bars are bars following immediately for patterns found in history. Pattern search is performed once every time a new bar of the current timeframe opens. The i

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Introducing Quantum Trend Sniper Indicator , the groundbreaking MQL5 Indicator that's transforming the way you identify and trade trend reversals! Developed by a team of experienced traders with trading experience of over 13 years, Quantum Trend Sniper Indicator is designed to propel your trading journey to new heights with its innovative way of identifying trend reversals with extremely high accuracy. ***Buy Quantum Trend Sniper Indicator and you could get Quantum Breakout Indicator fo

This indicator belongs to the family of channel indicators. These channel indicator was created based on the principle that the market will always trade in a swinging like pattern. The swinging like pattern is caused by the existence of both the bulls and bears in a market. This causes a market to trade in a dynamic channel. it is designed to help the buyer to identify the levels at which the bulls are buying and the bear are selling. The bulls are buying when the Market is cheap and the bears a

We have all seen a currency pair enter the overbought or oversold territory and stay there for long periods of time. What this indicator does is gives you the emphasis. So if you are looking for reversals then you may want to take notice when oversold territory is entered into with a bullish engulfing candle or if the trend is your thing then check for bearish engulfing candles while entering oversold. This indicator will show a downward arrow when it detects a bearish engulfing candle while cro

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How would you like to instantly know what the current trend is? How about the quality of that trend? Finding the trend on a chart can be subjective. The Fractal Trend Finder indicator examines the chart for you and reveals what the current trend is based on objective criteria. Using the Fractal Trend Finder you can easily tell if you are trading with the trend or against it. It also identifies those times when the market is not trending. Theoretically, you could trade with the trend when the tre

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Chaos Trader Lite attempts to use aspects of chaos theory to place trades in the marketplace. This Expert Advisor, in particular, draws upon theories made by Bill Williams. Every version of MetaTrader contains the Bill Williams indicators. I wondered why was he deemed so important as to have his own set of indicators added to MetaTrader with name attribution. Conducting research I found that Bill Williams wrote a book using chaos theory to trade the markets. The Bill Williams indicators are usef

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Optimizes the value of overbought and oversold on each new bar. This expert strives to choose the best values for a simple strategy where it sells when the indicator crosses below an overbought level and executes a buy when it crosses above an oversold level. The best overbought and oversold level is calculated on each new bar according to how that value would have performed during the optimizing periods which can be specified. Inputs Unique number for this EA - can be any integer value. Optim

The Wolfalizer Indicator combines the functionality of the Engulfing Stochastic along with the ConsecutiveRSI and adds alerts along with more detailed output to the journal. This Indicator will alert you when RSI or Stochastics cross into oversold or overbought. You can set the oversold and overbought levels for RSI and Stochastics separately. You can pick if you want an engulfing candle to appear on the cross or set a number of consecutive candles you would like to see. Interesting Inputs i

This expert adviser works with EURUSD, AUDJPY, GBPJPY, NZDJPY, GBPJPY, NZDJPY, GBPCHF, GBPCAD, GBPAUD, and EURNZD. This EA utilizes similar mechanisms from the Swing Points indicator to generate Fibonacci levels. With these levels it picks the best time to enter and exit a trade. When trading with this system look forward to a daily bonus, because it detects and trades only in the direction of positive rollover. This bonus amount over time can be considerable and is not shown when back testing w

Swing Points are those places on the chart where price changes direction. This is an MT5 version of my MT4 Swing Points Indicator. Found on the code base at https://www.mql5.com/en/code/15616 and in the market at https://www.mql5.com/en/market/product/22918 The beginning input parameters allow you to configure your alerts. Turn on screen alerts allows you to turn on and off screen alerts. True is on, false is off. Turn on push to phone alerts allows you to turn on and off push to phone ale

The Wolfalizer Indicator combines the functionality of the Engulfing Stochastic along with the ConsecutiveRSI and adds alerts along with more detailed output to the journal. This Indicator will alert you when RSI or Stochastics cross into oversold or overbought. You can set the oversold and overbought levels for RSI and Stochastics separately. You can pick if you want an engulfing candle to appear on the cross or set a number of consecutive candles you would like to see. Interesting Inputs inc

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