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TSO Strength vs Exhaustion MT5

A visually-simplified version of the RSI. The Relative Strength Index (RSI) is a well known momentum oscillator that measures the speed and change of price movements, developed by J. Welles Wilder. Color-coded bars are used to quickly read the RSI value and history.


Features

  • Find overbought and oversold situations at a glance.
  • The indicator is non-repainting.
  • The indicator can be easily used as part of an EA. (see below)


Basic Strategy

  • Look for shorts when the indicator is overbought.
  • Look for longs when the indicator is oversold.


Inputs

  • Select RSI Period: Set the period of the RSI (21 is recommended)
  • Last Bar Included: Include the bar being drawn in the RSI calculation
  • LEVELS SETTINGS
    • Level 1 Lower Limit (Overbought): The RSI value from which and above the market is considered the most overbought.
    • Level 2 Lower Limit: The RSI value from which and above Level 2 starts.
    • Level 3 Lower Limit: The RSI value from which and above Level 2 starts.
    • Level 4 Lower Limit (Neutral): The RSI value from which and above Level 2 starts.
    • Level 5 Lower Limit: The RSI value from which and above Level 2 starts.
    • Level 6 Lower Limit: The RSI value below which the market is considered the most oversold.
    • Level 7 Lower Limit = 0 (Oversold): Always 0, since the RSI ranges from 0 to 100.
  • COLOR SETTINGS
    • Level 1 Color (Overbought): The color of the indicator when the RSI has a value from the lower limit of level 1 and above.
    • Level 2 Color : The color of the indicator when the RSI has a value from the lower limit of level 2 and above, till the lower limit of level 1.
    • Level 3 Color : The color of the indicator when the RSI has a value from the lower limit of level 3 and above, till the lower limit of level 2.
    • Level 4 Color (Neutral): The color of the indicator when the RSI has a value from the lower limit of level 4 and above, till the lower limit of level 3.
    • Level 5 Color: The color of the indicator when the RSI has a value from the lower limit of level 5 and above, till the lower limit of level 4.
    • Level 6 Color: The color of the indicator when the RSI has a value from the lower limit of level 6 and above, till the lower limit of level 5.
    • Level 7 Color (Oversold):The color of the indicator when the RSI has a value below the lower limit of level 6.


For EA Developers

Use Buffer = 7 to load the RSI level to an EA. The return values are:

  • Level 1 = 0
  • Level 2 = 1
  • Level 3 = 2
  • Level 4 = 3
  • Level 5 = 4
  • Level 6 = 5
  • Level 7 = 6
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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PZ TRADING SLU
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Indicadores
IX Power   lleva por fin la insuperable precisión de FX Power a los símbolos que no son de Forex. Determina con exactitud la intensidad de las tendencias a corto, medio y largo plazo de tus índices, acciones, materias primas, ETF e incluso criptodivisas favoritas. Puede   analizar todo lo   que su terminal le ofrece. Pruébalo y experimenta cómo   tu timing mejora significativamente   a la hora de operar. Características principales de IX Power Resultados de cálculo 100% precisos y sin rep
Matrix Arrow Indicator MT5
Juvenille Emperor Limited
5 (12)
Indicadores
Matrix Arrow Indicator MT5   es una tendencia única 10 en 1 que sigue un indicador   100% sin repintado   de marcos temporales múltiples que se puede usar en todos los símbolos/instrumentos:   divisas ,   materias primas ,   criptomonedas ,   índices ,   acciones .  Matrix Arrow Indicator MT5  determinará la tendencia actual en sus primeras etapas, recopilando información y datos de hasta 10 indicadores estándar, que son: Índice de movimiento direccional promedio (ADX) Índice de canales de prod
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Indicadores
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Indicadores
**   All Symbols   x   All Timeframes   scan just by pressing scanner button ** *** Contact me  to send you instruction and add you in "Market Structure group" for sharing or seeing experiences with other users. Introduction: Market structure is important for both new and professional traders since it can influence the liquidity and price action of a market. It’s also one of the most commonly used techniques to understand trends, identify potential reversal points, and get a feel for current mar
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Fibonacci retracement is a method of technical analysis for determining support and resistance levels. The TSO Fibonacci Chains Indicator is different from a simple Fibonacci Retracements indicator in that it provides the targets for each retracement level. In other words, there is an Extension Level (D) for every Retracement Level (C). In addition, if an Extension Level is reached, then a new Fibonacci setup is created automatically. These consecutive Fibonacci setups create a chain that reveal
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TSO Loss Management MT5
Dionisis Nikolopoulos
Asesores Expertos
TSO Loss Management is an Expert Advisor that incorporates advanced mechanics to eliminate losses from losing trades. Adapts to diverse market conditions and micromanages each position to cover losses as fast as possible and with minimum risk It uses all the tools of the TSO Signal Builder EA - almost infinite entry/exit strategies Add negative management to any strategy (manual or automated) to eliminate losing trades No pending orders placed Any account size - $1,000+ is recommended Allows for
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