MT4 Signal Indicator Realy Profitable
Created on Monday, February 13, 2017 1:23 PM
Interesting idea RSI filtered with MA
This indicator can be used as a signal provider for the Foxzard Trader Expert Advisor.
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Buy Conditions
Sell Conditions
MA Points Up
Moving Average 200 Exponential Weighted (high+low+close+close)/4
points Up
points Up
RSI turns Up
Relative Strength Index (RSI) 24 Weighted (high+low+close+close)/4
changes from pointing down to up
changes from pointing down to up
RSI BElow 50
Relative Strength Index (RSI) 24 Weighted (high+low+close+close)/4
is below
Constant (Horizontal line) Value: 50
is below
Constant (Horizontal line) Value: 50
MA Points Down
Moving Average 200 Exponential Weighted (high+low+close+close)/4
points Down
points Down
RSI Turns Down
Relative Strength Index (RSI) 24 Weighted (high+low+close+close)/4
changes from pointing up to down
changes from pointing up to down
RSI Above 50
Relative Strength Index (RSI) 24 Weighted (high+low+close+close)/4
is above
Constant (Horizontal line) Value: 50
is above
Constant (Horizontal line) Value: 50
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To use this custom indicator on Metatrader 4 platform you need:
- Download the MT4 version of this indicator and copy it into your metatrader experts/indicators folder.
- Restart your Metatrader 4 terminal.
- Indicator will appear under Custom Indicators section. Attach the indicator on the chart.
To use this signal pine script on TradingView platform you need:
- Download the pinescript version of this signal.
- Open the downloaded text file and copy contents into the tradingview script editor.
- Click the "Add to Chart" button.
Use it at your own risk!
This indicator was created by one of our visitors. You can create your own indicator like this one using your rules and logic.Also you can use this indicator as a base to create your own. Click to create your own indicator from this one.