New version of RSI oscillator smoothed multiple timeframe indicator with alerts.
This is enhanced version of the RSI indicator originally developed by J. Welles Wilder Jr. in 1978.
The what’s new to original one:
I added here multiple timeframe support so you can see higher timeframe on current chart.
Parameters to smooth the indicator to reduce noise.
Additional signal line.
Three types of signal logic.
Alerts with arrows so you can use your time more effective.
TimeFrame – timeframe of indicator (current by default)
RSIPeriod – amount of bars to calculate rsi line
SignalPeriod – amount of bars to calculate signal line
Price – price type
OverBoughtLevel – higher signal level
OverSoldLevel – lower signal level
Signal_Method – three types of signals:
RSISignalCrossover – rsi line Crossover Down signal line above overbought level and rsi line crossover Up signal line below oversold level
BreakOutLevels_Signals – rsi line crossover Down overbought level and rsi line crossover Up oversold level
BreakInLevels_Signals – rsi line crossover Up overbought level and rsi line crossover Down oversold level
IndicatorSmooth – amount of smooth (1-off)
IndicatorSmoothMethod – smooth formula
DrawBars – amount of bars to draw indicator data
PopupAlert – enable terminal alert windows
SoundAlert – enable sound alerts
ArrowsOnChart – enable draw arrows on price chart
IndicatorArrows – enable draw arrows on indicator sub window
SMSPushAlert – Push alerts to your phone
EmailAlert – Email alerts to your phone
Buy_ArrowColor – color of buy arrows
Sell_ArrowColor – color of sell arrows
Arrows_Width – width of signal arrows
RSI_Line – color of RSI line
SIGNAL_Line – color of signal line
Three types of built-it logic gives ability to trade with signals by a trend, corrections, swings.
PRO TIP :
You can get a signal from a combination of indicators.
Follow the link to learn how to combine two or more signal alert indicators together http://projectreaper.pw/en/how-to-combine-two-or-more-signal-alert-indicators-together/
How to install :
1. Download file
2. Unzip archive and copy the MQL4 folder from the archive to your terminal Data folder
3. Restart terminal and apply the indicator to a chart
4. Register a valid email with single time donation or log in with previously registered email address.
5. You can switch your broker account any time you need by logging in with previously registered email address
How to find Data folder :
in the terminal click File menu – Open Data Folder